NOT LISTED FOR SALE

124 N Summit Dr Cabot, AR 72023

Estimated Value: $207,000 - $224,000

3 Beds
2 Baths
1,391 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $199,900 $144 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,213/month

35 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Laundry Room
  • Mountain Springs Elementary School Rated A-
  • Breakfast Bar
  • Tile Flooring

About This Home

As of July 2024

Charming one level home on one acre in the heart of Cabot. Convenient to the Highway, Shopping, Schools and LRAFB. You can relax on the full front porch or in the back deck overlooking your large fully fenced backyard with a 10x16 Shop. Newly renovated bathrooms, Fresh Paint, Beautiful updated flooring are just a few showstoppers you will find in this treasure you could call home.

Last Agent to Sell the Property

Stacy O'Gary

RE/MAX Encore Listed on: 05/13/2024

RE/MAX Encore

Last Buyer's Agent

William Michaels

PorchLight Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Architectural Shingle Roof

Interior Spaces

  • 1,391 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Septic System

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Inside City Limits: Yes
  • LVT Date: 05/13/2024
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Separate Dining Room, Breakfast Bar
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1391
  • Bedrooms: 3
  • Floors: Vinyl, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher
  • Other Rooms: Laundry
  • Stories: One Story

Exterior Features

  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 1
  • Estimated Lot Size: 1.0
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 15, 2024
Sold by
Briley Spencer A and Hill Lane C
Bought by
Sosebee Jesse and Sosebee Stacy N
Seller's Agent
Stacy O'Gary
RE/MAX Encore
Buyer's Agent
William Michaels
PorchLight Realty
List Price
$210,000
Sold Price
$199,900
Premium/Discount to List
-$10,100
-4.81%
Views
97
Current Estimated Value
$213,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,513
Avg. Annual Appreciation
4.58%
Original Mortgage
$195,919
Outstanding Balance
$193,579
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$19,834

Purchase Details

Listed on
Sep 27, 2022
Closed on
Nov 8, 2022
Sold by
Thompson Mary W and Thompson Teddy E
Bought by
Hill Lane C and Briley Spencer A
Seller's Agent
Stacy O'Gary
RE/MAX Encore
Buyer's Agent
Stacy O'Gary
RE/MAX Encore
List Price
$172,500
Sold Price
$165,000
Premium/Discount to List
-$7,500
-4.35%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%
Original Mortgage
$160,050
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2020
Sold by
Thompson Teddy E and Thompson Mary W
Bought by
Mcgregor Tina

Purchase Details

Closed on
Jun 12, 2008
Sold by
French Joseph A and Mabry Lori
Bought by
Thompson Teddy E and Thompson Mary W

Purchase Details

Closed on
Jun 5, 2008
Sold by
French Joseph A and Mabry Lori
Bought by
Thompson Teddy E and Thompson Mary W

Purchase Details

Closed on
Feb 5, 2004
Bought by
French & Mabry Liv Tr

Purchase Details

Closed on
May 1, 1995
Bought by
Joe French

Purchase Details

Closed on
Dec 14, 1985
Bought by
Flieg and Wife Lynda

Purchase Details

Closed on
Oct 4, 1982
Bought by
Plat Plat B and Plat 131
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sosebee Jesse $199,900 None Listed On Document
Hill Lane C $165,000 Lenders Title Company
Mcgregor Tina -- None Available
Thompson Teddy E -- Professional Land Title Comp
Thompson Teddy E -- Professional Land Title Comp
French & Mabry Liv Tr -- --
Joe French $80,000 --
Joe French $80,000 --
Flieg -- --
Plat Plat B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosebee Jesse $195,919
Previous Owner Hill Lane C $160,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $199,900 0.0% $144 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/09/2024 06/09/24 Price Changed $199,900 -4.8% $144 / Sq Ft
05/13/2024 05/13/24 For Sale $210,000 +27.3% $151 / Sq Ft
11/15/2022 11/15/22 Sold $165,000 -4.3% $121 / Sq Ft View Prior Sale
09/30/2022 09/30/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $172,500 -- $126 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,164 $22,870 $2,500 $20,370
2024 $1,164 $22,870 $2,500 $20,370
2023 $1,164 $0 $0 $0
2022 $777 $22,870 $2,500 $20,370
2021 $777 $22,870 $2,500 $20,370
2020 $777 $23,330 $2,500 $20,830
2019 $777 $23,330 $2,500 $20,830
2018 $768 $23,330 $2,500 $20,830
2017 $1,039 $23,330 $2,500 $20,830
2016 $768 $23,330 $2,500 $20,830
2015 $768 $22,630 $2,500 $20,130
2014 $768 $22,630 $2,500 $20,130
Source: Public Records

Agents Affiliated with this Home

  • Stacy O'Gary

    Seller's Agent in 2024

    Stacy O'Gary

    RE/MAX

    (501) 804-3582

    160 Total Sales

    Stacy O'Gary
    Section Image
  • William Michaels

    Buyer's Agent in 2024

    William Michaels

    PorchLight Realty

    (501) 416-0292

    110 Total Sales

    William Michaels
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24016616

Cooperative Arkansas REALTORS® MLS

APN: 722-90146-000

Arkansas Lonoke County Cabot 72023

124 N Summit Dr, Cabot, AR

Not Listed for Sale

Detached

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