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18405 Rheas Community Rd, Lincoln, AR, 72744

$318,000

Home List Price

$3,776*

Closing Credit

4 Bedrooms
2 Full Baths
3,264 SqFt
$97/SqFt
House

Location

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18405 Rheas Community Rd, Lincoln$318,000

Buyer Closing Credits

$3,776*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built1856
HeatingCentral, Propane
CoolingCentral Air, Electric
BasementYes
FireplaceKitchen, Living Room
MLS #1290423
Lot Size2.97 Acres
StatusActive

About 18405 Rheas Community Rd

This charming country estate features nearly 3,300 sq ft of living space on just under 3 acres, offering a welcoming blend of historic character and updated comforts. The updated upstairs features freshly laid flooring, giving it a modern touch that complements the home’s timeless charm. Generous windows fill each room with natural light, creating an inviting ambiance throughout, while additional insulation makes every season comfortable. A substantial 1,000-gallon propane tank, well with a filtration system, and septic pumped two years ago ensure dependable, self-sufficient living. The property also includes two acres of invisible fencing, ideal for pets. This property is brimming with potential and ready for the next owners to make it their own sanctuary.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic/Antique
  • Year Built: 1856
  • Stories: 2
  • Living Area: 3,264 SqFt

Listing Office:

  • Office Name: RE/MAX Associates, LLC
  • Office Phone: (479) 684-5757

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Other, Water Heater, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Laminate, Simulated Wood
  • Interior: Attic, Ceiling Fan(s), Eat-in Kitchen, Pantry, Split Bedrooms, Walk-In Closet(s), Storage, Sun Room
  • Fireplace: Kitchen, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Gravel Driveway

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cleared, Open Lot, Rural Area
  • Lot Size: 2.97 Acres

Utilities

Utilities Information:

  • Heating: Central, Propane
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Prairie Grove Middle School, Public District Grades 5-8

Other

Directions Information:

  • Directions: I-49 Wedington Exit, West on Hwy 16 to Wedington blacktop, take Rheas Community to right. House is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $318,000
  • Price Per SqFt: $97/SqFt

Tax Information:

  • Annual Amount: $1,821
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$229.9K

Med. Price/SqFt

$160

Avg. Days On Market

119

# of Sold Homes

6

18405 Rheas Community Rd vs Lincoln

6 DAYS ON ROCKET

-113 Days

$318,000

+$88K More

$97/SqFt

-$63 Less

KEY TAKEAWAY

This property is $88K more than the Median Sold Price and $63/SqFt less than other homes in Lincoln, AR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ARKMLS
  • MLS Number: #1290423

Listing Office:

  • Office Name: RE/MAX Associates, LLC
  • Office Phone: (479) 684-5757

Broker Reciprocity 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: 11/5/2024, 2:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 23, 2020Home Sold
$179,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,821$44,820
2020$1,926$44,820
2019$1,751$35,440
2018$1,783$35,440
2017$1,783$35,440

History based on county public records data.

Payment Calculator

$1,655

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,020

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2180264
6
/10
  • Prairie Grove Middle School

  • 806 N Mock St

  • 5.06 miles

  • Public District Grades 5-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,639. The majority of Lincoln, AR residents have income between $35k-100k annually. Most families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18405 Rheas Community Rd

What is the listing price of this property?

The listing price of 18405 Rheas Community Rd property is $318,000.

What type of property is this?

The property 18405 Rheas Community Rd is a house located in Lincoln, Arkansas, 72744.

Is this property for sale now?

Active Listing: 18405 Rheas Community Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 18405 Rheas Community Rd are:
Prairie Grove Middle School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,821 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 23, 2020 for $179,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 18405 Rheas Community Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 18405 Rheas Community Rd is 3,264 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18405 Rheas Community Rd is 1856.

Rocket HomesArkansasWashington CountyLincoln7274418405 Rheas Community Rd

This home is located at 18405 Rheas Community Rd in Lincoln, AR and zip code 72744. This 3,264 square foot home, which was built in 1856, sits on a 2.97 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $318,000.

While more than 3 listings in Lincoln, AR in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 1 were sold below. The median list price of listings available in October 2024 was $229,999, while the average time on the real estate market was 119 days.

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

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