NOT LISTED FOR SALE

91 Rainbow Dr Norman, AR 71960

Estimated Value: $182,000 - $225,000

2 Beds
1.5 Baths
1,148 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $175,000 $152 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,082/month

35 Days on Market

Highlights

  • Near a National Forest
  • Main Floor Primary Bedroom
  • Breakfast Bar
  • Wood Burning Stove
  • Porch
  • Bungalow

About This Home

As of February 2024

Nestled near Big Fork and bordering the Ouachita National Forest, this secluded cabin is a 30-minute drive from Mena, AR. Boasting 2 bedrooms, 1.5 baths, and a large porch, it offers a perfect blend of comfort and rustic charm. Recent upgrades include a new roof, septic tank, and water heater. Ideal for those seeking tranquility and modern convenience, this cabin is a peaceful retreat in the heart of nature on 5.16 acres with plenty of wildlife. Shown by appointment only, minimum 24 hour notice as it is an operational airbnb.

Last Agent to Sell the Property

Lee Titsworth

Exp Realty Listed on: 12/21/2023

Exp Realty

Last Buyer's Agent

Deana Dixon

Select Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 2002

Lot Details

  • 5.16 Acre Lot
  • Dirt Road
  • Rural Setting

Parking

  • 4 Car Garage

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Wood Burning Stove
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Window Unit Heating System
  • Co-Op Electric
  • Propane
  • Well
  • Septic System

Community Details

  • Near a National Forest

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 2002

Lot Details

5.16 Acres

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Porch, Outside Storage Area
  • LVT Date: 12/22/2023
  • Road Surface: Dirt, Gravel
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Dining Room: Breakfast Bar
  • Fireplace: Woodburning-Stove
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 1148
  • Bedrooms: 2
  • Floors: Laminate
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Equip: Gas Range
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame, Wood
  • Roof: Composition

Garage/Parking

  • Parking: Four Car Or More

Utilities

  • Utilities: Septic, Well, Electric-Co-Op, Gas-Propane/Butane
  • Heat Air: Window Units, No Cooling, Space Heater-Gas

Lot Info

  • Estimated Lot Size: 5.16
  • Estimated Lot Size: 5.16
  • Lot: Rural Property, National Forest Bndaries
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 23, 2024
Sold by
Weir Rhonda L and Weir Marlon
Bought by
Ortiz Jorge
Seller's Agent
Lee Titsworth
Exp Realty
Buyer's Agent
Deana Dixon
Select Realty
List Price
$175,000
Sold Price
$175,000
Views
121
Current Estimated Value
$201,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,525
Avg. Annual Appreciation
7.09%
Original Mortgage
$157,500
Outstanding Balance
$154,743
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$46,782

Purchase Details

Closed on
Mar 6, 2006
Bought by
Vekre Nicholas and Vekre Jerry

Purchase Details

Closed on
Nov 4, 1996
Bought by
Frost Roy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ortiz Jorge $175,000 Mena Title Company Inc
Vekre Nicholas $37,000 --
Frost Roy $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Jorge $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $175,000 0.0% $152 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $175,000 -- $152 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $24,910 $9,490 $15,420
2024 $55 $22,740 $9,490 $13,250
2023 $534 $22,740 $9,490 $13,250
2022 $482 $12,210 $4,490 $7,720
2021 $450 $12,210 $4,490 $7,720
2020 $418 $12,210 $4,490 $7,720
2019 $386 $12,210 $4,490 $7,720
2018 $354 $12,210 $4,490 $7,720
2017 $321 $7,640 $3,080 $4,560
2016 $325 $7,730 $3,170 $4,560
2014 -- $7,730 $3,170 $4,560
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lee Titsworth

    Exp Realty

    (479) 234-0533

    9 Total Sales

    Lee Titsworth
    Section Image
  • Deana Dixon

    Buyer's Agent in 2024

    Deana Dixon

    Select Realty

    (479) 234-7572

    92 Total Sales

    Deana Dixon
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23040678

Cooperative Arkansas REALTORS® MLS

APN: 001-05977-010

Arkansas Montgomery County Norman 71960

91 Rainbow Dr, Norman, AR

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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