108 Layne St, Farmington, AR, 72730

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

108 Layne St, Farmington$250,000

Buyer Closing Credits

$2,969^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingAttached Carport, Asphalt

Year Built1971

HeatingCentral

CoolingAttic Fan, Central Air, Electric

WaterfrontNone

MLS #1283777

Lot Size0.29 Acres

StatusActive

About 108 Layne St

Beautiful well-maintained home in a perfect location. Walking distance to shopping schools and entertainment. This all-brick home includes a large fenced in yard along with a carport and newer HVAC and Hot Water Heater. Roof is in great condition as is the structure. Very close to the University of Arkansas, a great home for a first-time home buyer as well as an investor. Possible Commercial Use, Plenty of major road frontage.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1971
• Stories: 1
• Living Area: 1,150 SqFt

Listing Office:

• Office Name: Rowe Real Estate
• Office Phone: (479) 595-5446

Interior Features

Interior Information:

• Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave
• Basement: No
• Flooring Type: Carpet, Luxury Vinyl, Luxury VinylPlank
• Interior: Attic, Ceiling Fan(s), None, Other

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: None

Parking Information:

• Parking: Attached Carport, Asphalt

Lot Features

Lot Information:

• Lot: Cleared, Corner Lot, City Lot, Level
• Lot Size: 0.29 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Attic Fan, Central Air, Electric

Other

Directions Information:

• Directions: From I-49 head west towards Farmington. Right past Farmington city limits sign you will see Layne Steet on the right. Property is first house on the right.

Price Information

Listing Price Info

Price Summary:

• List Price: $250,000
• Price Per SqFt: $217/SqFt

Tax Information:

• Annual Amount: $811
• Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Farmington, AR.

Farmington, AR

City

Med. Sold Price

$330K

Med. Price/SqFt

$195

Avg. Days On Market

55

# of Sold Homes

15

108 Layne St vs Farmington

101 DAYS ON ROCKET

+46 Days

$250,000

-$80K Less

$217/SqFt

+$21 More

KEY TAKEAWAY

This property is $80K less than the Median Sold Price and $21/SqFt more than other homes in Farmington, AR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: ARKMLS
• MLS Number: #1283777

Listing Office:

• Office Name: Rowe Real Estate
• Office Phone: (479) 595-5446

Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$811	$20,030
2020	$744	$20,030
2019	$676	$15,360
2018	$209	$15,360
2017	$209	$15,360

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,315

Per Month

Principal & Interest

$1,248

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Arkansas›Washington County›Farmington›72730›108 Layne St

This home is located at 108 Layne St in Farmington, AR and zip code 72730. This 1,150 square foot home, which was built in 1971, sits on a 0.29 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $250,000.

Farmington, AR housing market in October 2024 saw over 1 listings sold above listed price, more than 9 sold at listed price and over 5 sold below. The number of listings in Farmington, AR increased by 1.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 55 days, the median list price was $330,000.

From Rocket Homes Real Estate and based on county public records data.