16 Locust St
Farmington, AR 72730
3 bd 2 ba 1,612 sqft Built 1967 Lot 11,761 sqft single_family
Most recent sale
$218,500
Jan 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 14, 2022 | Sold | $218,500 | MLS #1197504 |
| Nov 13, 2021 | Price changed | $215,000 | MLS #1197504 |
| Sep 21, 2021 | Price changed | $225,000 | MLS #1197504 |
| Sep 13, 2021 | Listed | $235,000 | MLS #1197504 |
| May 5, 2015 | Listing removed | $84,900 | ArkansasONE |
| Apr 13, 2006 | Sold | $115,000 | Public Record |
| Dec 1, 2005 | Sold | $100,000 | Public Record |
| Apr 30, 2003 | Sold | $85,000 | Public Record |
| Feb 11, 2003 | Listed | $84,900 | MLS #395555 |
| Jan 1, 2003 | Sold | $85,000 | Public Record |
| Jun 27, 1997 | Sold | $70,000 | Public Record |
| Jan 1, 1997 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $31,560 | $9,000 | $40,560 | $1,464 |
| 2024 | $31,560 | $9,000 | $40,560 | $1,564 |
| 2022 | $31,560 | $9,000 | $40,560 | $941 |
| 2021 | $20,200 | $6,000 | $26,200 | $1,222 |
| 2020 | $20,200 | $6,000 | $26,200 | $1,121 |
| 2019 | $13,500 | $5,400 | $18,900 | $1,022 |
| 2018 | $13,500 | $5,400 | $18,900 | $1,022 |
| 2017 | $13,500 | $5,400 | $18,900 | $1,013 |
| 2016 | $13,500 | $5,400 | $18,900 | $1,013 |
| 2015 | $13,500 | $5,400 | $18,900 | $1,013 |
| 2014 | $14,680 | $5,400 | $20,080 | $1,076 |
| 2013 | $14,680 | $5,400 | $20,080 | $1,076 |
| 2012 | $14,680 | $5,400 | $20,080 | $1,076 |
| 2011 | $14,680 | $5,400 | $20,080 | $1,076 |
| 2010 | $14,680 | $5,400 | $20,080 | $1,086 |
| 2009 | $14,680 | $5,400 | $20,080 | $1,280 |
| 2007 | $20,600 | $3,060 | $23,660 | $1,275 |
| 2005 | $12,313 | $1,656 | $13,969 | $366 |
Property facts
Year built
1967
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,612 sqft
Lot size
11,761 sqft
ZIP code
72730
City
Farmington
Street
Locust St
Coordinates
36.04365, -94.24542
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,418
Gross rental yield
13.28%
Implied cap rate
8.63%
Trend-extrapolated value
—
Frequently asked questions
When did 16 Locust St last sell?
16 Locust St most recently sold on Jan 14, 2022 for $218,500.
What is the current tax assessment for 16 Locust St?
The most recent total assessment for 16 Locust St (year 2025) is $40,560 with $1,464 in property tax.
How does 16 Locust St's assessment compare to its last sale price?
The current assessment is 81.4% below the last sale price of $218,500.
When was 16 Locust St built?
16 Locust St was built in 1967.
How does 16 Locust St compare to others on Locust St?
We track 4 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 16 Locust St?
16 Locust St is a 3 bed, 2 bath, 1,612 sqft, 11,761 sqft lot single_family.
Is 16 Locust St a flip candidate?
No — 16 Locust St does not appear in our flips dataset.
Is 16 Locust St a tax-appeal candidate?
No — 16 Locust St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$426.6K
2026 Q4
$426.9K
ZIP 72730 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust St