NOT LISTED FOR SALE

15 S Summit Dr Cabot, AR 72023

Estimated Value: $209,000 - $225,000

3 Beds
2 Baths
1,444 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $185,000 $128 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,230/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Traditional Architecture
  • Mountain Springs Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of November 2022

FABULOUS FIND!!! This 3 Bed, 2 Bath home sits on 1.5 acres close to town! This super cute home features large porch, oversized deck, 2 outside storage sheds, camper pad, & a large portion of the property is fenced! The back of the property is wooded & could have a 2nd entrance! The interior of the home has modern updates, including: painted cabinets, stainless steel appliances, countertops, flooring, bathrooms, lighting, ceiling fans, paint, garage doors, roof (2019) & AC unit (2021) & MORE!!!

Last Agent to Sell the Property

Julie Hillegas

Arnett Realty & Investments Listed on: 10/28/2022

Last Buyer's Agent

Randi-Kaye Koula

PorchLight Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1985

Lot Details

  • 1.51 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,444 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 2 Car Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,110

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Porch, Partially Fenced, Outside Storage Area, Guttering, Rv Parking, Chain Link, Covered Patio
  • Inside City Limits: Yes
  • LVT Date: 10/28/2022
  • Road Surface: Paved
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Breakfast Bar, Living/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1444
  • Bedrooms: 3
  • Floors: Tile, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s), Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Microwave, Surface Range, Dishwasher, Disposal, Refrigerator-Stays
  • Other Rooms: Great Room, Laundry
  • Stories: Split-Level

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Parking Pads, Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 1.51
  • Estimated Lot Size: Irregular
  • Lot: Sloped, Wooded, Cleared, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1109.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 1, 2022
Sold by
Burns Chad R and Burns Tiffany M
Bought by
Skelton Terry and Skelton Connie
Seller's Agent
Julie Hillegas
Arnett Realty & Investments
Buyer's Agent
Randi-Kaye Koula
PorchLight Realty
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Views
29
Current Estimated Value
$217,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,405
Avg. Annual Appreciation
5.29%
Original Mortgage
$148,000
Outstanding Balance
$143,411
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$73,994

Purchase Details

Listed on
May 18, 2019
Closed on
Jul 5, 2019
Sold by
Massa Travis H
Bought by
Burns Chad R and Burns Tiffany M
Seller's Agent
Libby Utley
RE/MAX Encore
Buyer's Agent
Camille Ostergren
Crye-Leike REALTORS Maumelle
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$124,900
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Sep 28, 2015
Sold by
Waymack Rental Properties Llc
Bought by
M H Rentals Llc

Purchase Details

Closed on
Mar 29, 2012
Sold by
Oliver Billie Sue
Bought by
Massa Travis H

Purchase Details

Closed on
Oct 6, 1995
Bought by
Billie Sue Oliver

Purchase Details

Closed on
Oct 16, 1992
Bought by
Weidman and Wife Teresa

Purchase Details

Closed on
Nov 1, 1988
Bought by
Huston and Wife Linda

Purchase Details

Closed on
Jul 2, 1985
Bought by
Walls and Wife Theresa

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
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Skelton Terry $185,000 Lenders Title Company
Burns Chad R $124,900 Professionals Title
M H Rentals Llc $129,900 Lenders Title Company
Massa Travis H -- Lenders Title Co
Billie Sue Oliver $84,000 --
Billie Sue Oliver $84,000 --
Weidman $78,000 --
Huston $74,000 --
Walls $70,000 --
Sunland Inc -- --
Plat Plat B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skelton Terry $148,000
Previous Owner Burns Chad R $124,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2022 11/30/22 Sold $185,000 +5.7% $128 / Sq Ft
10/30/2022 10/30/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $175,000 +40.1% $121 / Sq Ft
07/05/2019 07/05/19 Sold $124,900 0.0% $86 / Sq Ft View Prior Sale
05/18/2019 05/18/19 For Sale $124,900 -- $86 / 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 $1,110 $21,800 $2,500 $19,300
2024 $1,110 $21,800 $2,500 $19,300
2023 $1,110 $21,800 $2,500 $19,300
2022 $1,110 $21,800 $2,500 $19,300
2021 $1,110 $21,800 $2,500 $19,300
2020 $1,166 $22,900 $2,500 $20,400
2019 $791 $22,900 $2,500 $20,400
2018 $781 $22,900 $2,500 $20,400
2017 $1,026 $22,900 $2,500 $20,400
2016 $755 $22,900 $2,500 $20,400
2015 $702 $21,300 $2,500 $18,800
2014 $702 $21,300 $2,500 $18,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22036017

Cooperative Arkansas REALTORS® MLS

APN: 722-90117-000