NOT LISTED FOR SALE

1028 W Mountain Springs Rd Cabot, AR 72023

Cabot Area

Estimated Value: $129,452 - $153,000

12.9 Acres
$10,948 Price per Acre
561,924 Sq Ft Lot

Sale Details

Date Sold: April 13, 2020

Last sale price $86,500

Est. 63% increase in value since last sale

Current estimated payment $787 / mo

91 Days on Market

Highlights

  • Creek or Stream View
  • Creek On Lot
  • Level Lot
  • Magness Creek Elementary School Rated A-
  • Wooded Lot

About This Lot

As of April 2020

BEAUTIFUL BUILDING SITE on Over 12 Peaceful Acres! This Property is Nestled Away for Privacy yet conveniently located! Nice and Flat for several good building spots, Partially wooded and Magness Creek runs along the back side of property! Cabot School District!

Last Agent to Sell the Property

Regina Thompson

RE/MAX Encore Listed on: 01/13/2020

RE/MAX Encore

Last Buyer's Agent

Regina Thompson

RE/MAX Encore Listed on: 01/13/2020

RE/MAX Encore

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 12.9 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Magness Creek Elementary School
  • Cabot North Middle School
  • Cabot High School

Utilities

  • Co-Op Electric
  • Well
  • Perc Approved Septic

Additional Features

  • Creek or Stream Views
  • Creek On Lot

Property Details

Property Type

Land

Lot Details

12.9 Acres

Listing Details

  • Restrictions: Right-Of-Way Easement
  • Class: Vacant Land
  • LVT Date: 01/14/2020
  • Road Surface: Paved
  • Street Designation: Road
  • Third Party Exports: Daily Record
  • Type: Acreage
  • Sold Price Per Acre: 6705.43
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road
  • Waterfront: Creek

Utilities

  • Utilities: Some Util Avl-Not On Prop, Septic Sbj Hlth Dpt Apprv, Well-On Property, Electric-Co-Op

Schools

  • Junior High: Cabot North

Lot Info

  • Estimated Lot Size: 12.9
  • Estimated Lot Size: 12.9
  • Lot: Level, Creek, Wooded, Cleared
  • Geo Subdivision: AR

MLS Schools

  • Elementary School: MAGNESS CREEK
  • HighSchool: Cabot
  • Middle School: Cabot North

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Apr 13, 2020
Sold by
Bought by
Seller's Agent
Regina Thompson
RE/MAX Encore
Buyer's Agent
Regina Thompson
RE/MAX Encore
List Price
$87,500
Sold Price
$86,500
Premium/Discount to List
-$1,000
-1.14%
Current Estimated Value
$141,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,726
Avg. Annual Appreciation
8.00%
Original Mortgage
$70,757
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2012
Bought by

Purchase Details

Closed on
Jan 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 1989
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$86,500 Lenders Title Company
$800 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $70,757
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/13/2020 04/13/20 Sold $86,500 -1.1% --
01/13/2020 01/13/20 For Sale $87,500 -- --
Source: Cooperative Arkansas REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $154 $2,330 $1,740 $590
2024 $154 $2,330 $1,740 $590
2023 $154 $2,330 $1,740 $590
2022 $154 $2,330 $1,740 $590
2021 $154 $2,330 $1,740 $590
2020 $57 $3,690 $1,720 $1,970
2019 $57 $3,690 $1,720 $1,970
2018 $57 $3,690 $1,720 $1,970
2017 $156 $3,690 $1,720 $1,970
2016 $57 $3,690 $1,720 $1,970
2015 $92 $2,160 $1,760 $400
2014 -- $2,160 $1,760 $400
Source: Public Records

Agents Affiliated with this Home

  • Regina Thompson Real Estate Agent - RE/MAX

    Seller's Agent in 2020

    Regina Thompson

    RE/MAX

    (501) 231-6496

    133 Total Sales

    Regina Thompson
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20001522

Cooperative Arkansas REALTORS® MLS

APN: 001-12935-000

Arkansas Lonoke County Cabot 72023

1028 W Mountain Springs Rd, Cabot, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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