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502 Waterfalls Ct

Farmington, AR 72730

4 bd 4 ba 3,805 sqft Built 2015 Lot 52,272 sqft single_family
Most recent sale
$700,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2023 Sold $749,000 ArkansasONE
Aug 29, 2023 Listed $749,000 ArkansasONE
Aug 18, 2022 Sold $700,000 MLS #1224471
Jul 17, 2022 Listed $695,000 MLS #1224471
May 27, 2022 Sold $655,000 MLS #1214460
Apr 14, 2022 Price changed $655,000 MLS #1214460
Apr 7, 2022 Listed $672,000 MLS #1214460
Dec 22, 2018 Listing removed $456,000 MyStateMLS
Dec 8, 2017 Listing removed $475,000 ArkansasONE
Dec 8, 2017 Sold $475,000 Public Record
Jul 11, 2017 Listed $475,000 MLS #1052223
Feb 22, 2017 Listing removed $456,000 MyStateMLS
Nov 21, 2016 Price changed $456,000 MLS #10335422
Aug 23, 2016 Listed $476,000 MLS #10335422
Aug 28, 2014 Sold $392,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $135,080 $20,000 $155,080 $7,293
2024 $135,080 $20,000 $155,080 $7,060
2022 $128,540 $20,000 $148,540 $2,616
2021 $66,310 $20,000 $86,310 $4,277
2020 $66,310 $20,000 $86,310 $4,177
2019 $70,670 $8,440 $79,110 $3,905
2018 $70,670 $8,440 $79,110 $3,930
2017 $70,670 $8,440 $79,110 $3,890
2016 $8,440 $8,440 $4,240
2015 $8,440 $8,440 $452
2014 $8,440 $8,440 $452
2013 $6,750 $6,750 $452
2012 $5,630 $5,630 $362
2011 $5,630 $5,630 $302
2010 $5,630 $5,630 $305
2009 $5,630 $5,630 $351
2007 $9,350 $9,350 $503

Property facts

Year built
2015
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,805 sqft
Lot size
52,272 sqft
ZIP code
72730
City
Farmington
Street
Waterfalls Ct
Coordinates
36.02809, -94.26343

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,708
Gross rental yield
9.79%
Implied cap rate
6.36%
Trend-extrapolated value

Frequently asked questions

When did 502 Waterfalls Ct last sell?
502 Waterfalls Ct most recently sold on Aug 18, 2022 for $700,000.
What is the current tax assessment for 502 Waterfalls Ct?
The most recent total assessment for 502 Waterfalls Ct (year 2025) is $155,080 with $7,293 in property tax.
How does 502 Waterfalls Ct's assessment compare to its last sale price?
The current assessment is 77.8% below the last sale price of $700,000.
When was 502 Waterfalls Ct built?
502 Waterfalls Ct was built in 2015.
How does 502 Waterfalls Ct compare to others on Waterfalls Ct?
We track 2 other properties on Waterfalls Ct. Browse the list under "Other properties on Waterfalls Ct" to compare beds, baths, and sale history.
What are the property facts for 502 Waterfalls Ct?
502 Waterfalls Ct is a 4 bed, 4 bath, 3,805 sqft, 52,272 sqft lot single_family.
Is 502 Waterfalls Ct a flip candidate?
No — 502 Waterfalls Ct does not appear in our flips dataset.
Is 502 Waterfalls Ct a tax-appeal candidate?
No — 502 Waterfalls Ct 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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