NOT LISTED FOR SALE

16 Brett Ct Cabot, AR 72023

Estimated Value: $266,788 - $303,000

4 Beds
2 Baths
1,870 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $180,000 $96 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,641/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • Magness Creek Elementary School Rated A-
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of June 2020

Welcome to Magness Creek! Entering the home one is greeted by a tiled foyer w/ the laundry, garage, & master bedroom on the right. Ahead lies the open living rm & be welcomed by the open concept of the kitchen & dining space overlooking the living room. The 3 guest bedrooms are located slightly off the living room. In the backyard one can embrace the privacy of a large backyard, pergola, and woods behind the home! Only a short walk to 2 neighborhood lakes + ball courts + playgrounds. See Agent Remarks.

Last Agent to Sell the Property

Joshua Cole

Venture Realty Group - Cabot Listed on: 05/19/2020

Last Buyer's Agent

Jennifer Burge

IRealty Arkansas - Sherwood

IRealty Arkansas - Sherwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 2007

Lot Details

  • 0.3 Acre Lot
  • Sloped Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,870 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,486

Year Built

Built in 2007

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 05/21/2020
  • Road Surface: Paved
  • Street Designation: Court
  • Type: Detached
  • Estimated Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen
  • Fireplace: Gas Logs Present
  • Bedrooms: 4 Bedrooms Same Level, Primary Bedroom Apart
  • Estimated Sq Ft: 1870
  • Bedrooms: 4
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove, Microwave, Dishwasher, Disposal
  • Other Rooms: Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Condo Association Fee: 120
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 0.3
  • Estimated Lot Size: .30
  • Lot: Sloped
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1485.9
  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jun 30, 2020
Sold by
Grafel Christopher A and Grafel Roisin J
Bought by
Meyer Russell L
Seller's Agent
Joshua Cole
Venture Realty Group - Cabot
Buyer's Agent
Jennifer Burge
IRealty Arkansas - Sherwood
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$291,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,407
Avg. Annual Appreciation
8.20%
Original Mortgage
$184,140
Outstanding Balance
$163,226
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$116,471

Purchase Details

Closed on
Jun 5, 2007
Sold by
James Moore Construction Company Inc
Bought by
Martina Steven M

Purchase Details

Closed on
May 30, 2007
Sold by
James Moore Construction Company Inc
Bought by
Martina Steven M

Purchase Details

Closed on
Oct 19, 2006
Sold by
Magness Creek Development Group Inc
Bought by
James Moore Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 18, 2006
Sold by
Magness Creek Development Group Inc
Bought by
James Moore Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 2, 2004
Bought by
Plat Pc I and Plat 717
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
Meyer Russell L $180,000 None Available
Martina Steven M -- --
Martina Steven M -- --
James Moore Construction Company Inc -- --
James Moore Construction Company Inc -- --
Plat Pc I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Russell L $184,140
Previous Owner James Moore Construction Company Inc $130,400
Previous Owner James Moore Construction Company Inc $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $180,000 -2.7% $96 / Sq Ft
05/19/2020 05/19/20 For Sale $185,000 +7.6% $99 / Sq Ft
02/27/2015 02/27/15 Sold $172,000 -2.1% $92 / Sq Ft View Prior Sale
01/28/2015 01/28/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $175,700 -- $94 / 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 $1,415 $36,140 $5,000 $31,140
2024 $1,415 $36,140 $5,000 $31,140
2023 $1,415 $36,140 $5,000 $31,140
2022 $1,465 $36,140 $5,000 $31,140
2021 $1,840 $36,140 $5,000 $31,140
2020 $1,486 $36,560 $5,000 $31,560
2019 $1,486 $36,560 $5,000 $31,560
2018 $1,456 $36,560 $5,000 $31,560
2017 $1,678 $36,560 $5,000 $31,560
2016 $1,456 $36,560 $5,000 $31,560
2015 $1,378 $34,980 $5,000 $29,980
2014 $1,378 $34,980 $5,000 $29,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20015512

Cooperative Arkansas REALTORS® MLS

APN: 721-37629-000