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533 Rheas Mill Rd

Farmington, AR 72730

4 bd 3 ba 2,667 sqft Built 1936 Lot 95,832 sqft single_family
Most recent sale
$437,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $437,000 MLS #1204202
Dec 2, 2021 Listed $435,000 MLS #1204202
May 5, 2015 Listing removed $150,000 ArkansasONE
Dec 9, 2008 Sold $126,000 Public Record
Feb 24, 2005 Sold $150,000 Public Record
Nov 15, 2004 Listed $150,000 MLS #426217
Aug 13, 2002 Sold $149,000 Public Record
Jan 1, 2002 Sold $149,000 Public Record
Nov 30, 1999 Sold $87,000 Public Record
Jan 1, 1999 Sold $87,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $45,130 $22,600 $67,730 $3,447
2024 $45,130 $22,600 $67,730 $3,447
2022 $45,130 $22,600 $67,730 $1,515
2021 $26,870 $16,020 $42,890 $1,443
2020 $26,870 $16,020 $42,890 $1,461
2019 $23,150 $9,300 $32,450 $1,381
2018 $23,150 $9,300 $32,450 $1,405
2017 $23,150 $9,300 $32,450 $1,389
2016 $23,150 $9,300 $32,450 $1,389
2015 $23,150 $9,300 $32,450 $1,389
2014 $23,150 $9,300 $32,450 $1,443
2013 $24,170 $9,300 $33,470 $1,443
2012 $24,170 $9,300 $33,470 $1,443
2011 $24,170 $9,300 $33,470 $1,443
2010 $24,170 $9,300 $33,470 $1,460
2009 $24,170 $9,300 $33,470 $1,702
2007 $29,500 $8,440 $37,940 $1,113
2005 $20,400 $5,460 $25,860 $818

Property facts

Year built
1936
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,667 sqft
Lot size
95,832 sqft
ZIP code
72730
City
Farmington
Street
Rheas Mill Rd
Coordinates
36.04270, -94.26438

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,001
Gross rental yield
10.99%
Implied cap rate
7.14%
Trend-extrapolated value

Frequently asked questions

When did 533 Rheas Mill Rd last sell?
533 Rheas Mill Rd most recently sold on Feb 25, 2022 for $437,000.
What is the current tax assessment for 533 Rheas Mill Rd?
The most recent total assessment for 533 Rheas Mill Rd (year 2025) is $67,730 with $3,447 in property tax.
How does 533 Rheas Mill Rd's assessment compare to its last sale price?
The current assessment is 84.5% below the last sale price of $437,000.
When was 533 Rheas Mill Rd built?
533 Rheas Mill Rd was built in 1936.
How does 533 Rheas Mill Rd compare to others on Rheas Mill Rd?
We track 8 other properties on Rheas Mill Rd. Browse the list under "Other properties on Rheas Mill Rd" to compare beds, baths, and sale history.
What are the property facts for 533 Rheas Mill Rd?
533 Rheas Mill Rd is a 4 bed, 3 bath, 2,667 sqft, 95,832 sqft lot single_family.
Is 533 Rheas Mill Rd a flip candidate?
No — 533 Rheas Mill Rd does not appear in our flips dataset.
Is 533 Rheas Mill Rd a tax-appeal candidate?
No — 533 Rheas Mill Rd 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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