NOT LISTED FOR SALE

1531 Erving Ridge Loop Cabot, AR 72023

Estimated Value: $178,000 - $228,000

3 Beds
2 Baths
1,766 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $120,000 $68 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,244/month

16 Days on Market

Highlights

  • Scenic Views
  • Wooded Lot
  • Bonus Room
  • Deck
  • Ranch Style House
  • Great Room

About This Home

As of February 2013

Great views in all directions from this hilltop house! Woodburning fireplace with blowers, large walk-closet in the master bedroom, and a lovely knotty-pine paneled bonus room with windows overlooking the valley and next mountain behind the house. The garage is a nice 23x24.5', and there is a covered carport as well. Need a home office? The separate 10x12' shed has insulated walls, electricity (including 220) and a window air conditioner. There is even a storm cellar!`

Last Agent to Sell the Property

Kathleen Lyons

RE/MAX Affiliates Realty Listed on: 01/07/2013

Last Buyer's Agent

Hans Fifer

J. C. Thornton & Co., LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1978

Lot Details

  • 1.5 Acre Lot
  • Rural Setting
  • Dog Run
  • Partially Fenced Property
  • Chain Link Fence
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

Property Views

  • Scenic Vista
  • Mountain

Home Design

  • Ranch Style House
  • Combination Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,766 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Garage
  • Carport
  • Parking Pad
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Storm Cellar or Shelter

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,268

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Ranch
  • Ext Features: Deck, Partially Fenced, Guttering, Storm Cellar, Shop, Dog Run, Chain Link
  • Price Per Sq Ft: 67.95
  • Road Surface: Paved
  • Street Designation: Loop
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Dining Room: Living/Dining Combo
  • Fireplace: Blowers, Woodburning-Site-Built
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1766
  • Bedrooms: 3
  • Floors: Laminate, Vinyl, Carpet
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Window Treatments, Walk-In Closet(s), Ceiling Fan(s)
  • Kitchen Equip: Built-In Stove, Dishwasher, Refrigerator-Stays
  • Other Rooms: Bonus Room, Great Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick & Frame Combo, Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Auto Door Opener, Carport, Garage, Parking Pads, Side Entry, Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 1.5
  • Estimated Lot Size: 1.5 acres
  • Lot: Cleared, In Subdivision, Mountain View, Rural Property, Sloped, Vista View, Wooded
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1268
  • Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 25, 2013
Sold by
Davis Gregory W and Davis Pamela K
Bought by
Gibson Edna H and Gibson Robert D
Seller's Agent
Kathleen Lyons
RE/MAX Affiliates Realty
Buyer's Agent
Hans Fifer
J. C. Thornton & Co., LLC
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$209,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,178
Avg. Annual Appreciation
4.71%
Original Mortgage
$117,826
Outstanding Balance
$82,791
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$131,377

Purchase Details

Closed on
Nov 10, 2006
Sold by
Straub Clara J and Stroud Clara J
Bought by
Davis Gregory W and Davis Pamela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibson Edna H $120,000 Professional Land Title Comp
Davis Gregory W $125,000 United Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Edna $3,644
Open Gibson Edna H $117,826
Previous Owner Davis Gregory W $15,199
Previous Owner Davis Gregory W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $120,000 -4.0% $68 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $125,000 -- $71 / 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
2024 $1,684 $34,014 $2,100 $31,914
2023 $1,684 $34,014 $2,100 $31,914
2022 $1,893 $34,014 $2,100 $31,914
2021 $1,805 $30,130 $6,750 $23,380
2020 $1,420 $30,130 $6,750 $23,380
2019 $1,347 $30,130 $6,750 $23,380
2018 $1,299 $30,130 $6,750 $23,380
2017 $1,226 $30,130 $6,750 $23,380
2016 $1,153 $24,960 $7,800 $17,160
2015 $1,268 $24,960 $7,800 $17,160
2014 $1,268 $24,960 $7,800 $17,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10337451

Cooperative Arkansas REALTORS® MLS

APN: 11R-028-61-016-00