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2540 Iron Ave

Farmington, AR 72730

3 bd 2 ba 1,526 sqft Built 2015 Lot 6,970 sqft single_family
Most recent sale
$255,000
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2022 Sold $255,000 MLS #1223847
Jul 30, 2022 Price changed $260,000 MLS #1223847
Jul 10, 2022 Listed $264,000 MLS #1223847
Jul 2, 2020 Sold $175,000 MLS #1147744
May 29, 2020 Listed $175,000 MLS #1147744
Sep 23, 2015 Sold $131,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $38,050 $8,000 $46,050 $1,790
2024 $38,050 $8,000 $46,050 $1,857
2022 $38,050 $8,000 $46,050 $1,329
2021 $25,570 $6,000 $31,570 $1,329
2020 $25,570 $6,000 $31,570 $1,136
2019 $22,100 $6,000 $28,100 $1,153
2018 $22,100 $6,000 $28,100 $1,178
2017 $22,100 $6,000 $28,100 $1,164
2016 $3,900 $3,900 $1,164
2015 $3,900 $3,900 $209
2014 $3,000 $3,000 $162
2013 $3,000 $3,000 $161

Property facts

Year built
2015
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,526 sqft
Lot size
6,970 sqft
ZIP code
72730
City
Farmington
Street
Iron Ave
Coordinates
36.01652, -94.26623

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,289
Gross rental yield
10.77%
Implied cap rate
7.00%
Trend-extrapolated value

Frequently asked questions

When did 2540 Iron Ave last sell?
2540 Iron Ave most recently sold on Sep 6, 2022 for $255,000.
What is the current tax assessment for 2540 Iron Ave?
The most recent total assessment for 2540 Iron Ave (year 2025) is $46,050 with $1,790 in property tax.
How does 2540 Iron Ave's assessment compare to its last sale price?
The current assessment is 81.9% below the last sale price of $255,000.
When was 2540 Iron Ave built?
2540 Iron Ave was built in 2015.
How does 2540 Iron Ave compare to others on Iron Ave?
We track 8 other properties on Iron Ave. Browse the list under "Other properties on Iron Ave" to compare beds, baths, and sale history.
What are the property facts for 2540 Iron Ave?
2540 Iron Ave is a 3 bed, 2 bath, 1,526 sqft, 6,970 sqft lot single_family.
Is 2540 Iron Ave a flip candidate?
No — 2540 Iron Ave does not appear in our flips dataset.
Is 2540 Iron Ave a tax-appeal candidate?
No — 2540 Iron Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$426.6K
2026 Q4
$426.9K
ZIP 72730 — Median Price History + Forecast

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