NOT LISTED FOR SALE

16 Cara Dr Cabot, AR 72023

Estimated Value: $249,000 - $306,000

4 Beds
2 Baths
1,617 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $166,000 $103 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,523/month

131 Days on Market

Highlights

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

About This Home

As of August 2020

Welcome Home to Magness Creek! Enjoy the neighborhood's (2) Lakes, (3) Basketball Courts, (1) Tennis Courts, (3) Bridges, & More! This cute 4-bed, 2-bath, split floor plan w/open concept is ready for you & your family. Entering the home you are welcomed by the spacious Living Room. Entertaining? Kitchen overlooks the dining & living room spaces. Nice sized guest bedrooms too. Step into the backyard for an amazing deck for outdoor living too. You do not want to miss this one! See Agent Remarks.

Last Agent to Sell the Property

Joshua Cole

Venture Realty Group - Cabot Listed on: 04/01/2020

Last Buyer's Agent

Sandy Brandon

IRealty Arkansas - Sherwood

IRealty Arkansas - Sherwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Lot Sloped Down

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,617 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Co-Op Electric

Community Details

  • On-Site Maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,589

Year Built

Built in 2005

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 04/04/2020
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen
  • Fireplace: Gas Logs Present
  • Bedrooms: 4 Bedrooms Same Level, Primary Bedroom Apart
  • Estimated Sq Ft: 1617
  • Bedrooms: 4
  • Floors: Tile, 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: Sewer-Public, Water-Public, Electric-Co-Op, Gas-Natural, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Condo Association Fee: Grounds
  • Condo Association Fee: 120
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 0.25
  • Estimated Lot Size: .25
  • Lot: Down Slope
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1588.59
  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Aug 11, 2020
Sold by
Clark Jacob and Clark Courtney
Bought by
Peper Alex and Peper Elizabeth
Seller's Agent
Joshua Cole
Venture Realty Group - Cabot
Buyer's Agent
Sandy Brandon
IRealty Arkansas - Sherwood
List Price
$165,000
Sold Price
$166,000
Premium/Discount to List
$1,000
0.61%
Current Estimated Value
$265,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,668
Avg. Annual Appreciation
8.98%
Original Mortgage
$169,818
Outstanding Balance
$150,360
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$115,308

Purchase Details

Listed on
Jun 23, 2015
Closed on
Sep 11, 2015
Sold by
Hartford Daniel N and Hartford Tamra D
Bought by
Clark Jacob R and Clark Courtney
Seller's Agent
Tammy Carmichael
Carmichael & Co Realty
Buyer's Agent
Lesa Poe
PorchLight Realty
List Price
$154,250
Sold Price
$146,000
Premium/Discount to List
-$8,250
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$149,139
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Closed on
Jan 25, 2006
Bought by
Dodson and Dodson Hsb

Purchase Details

Closed on
Jan 19, 2006
Bought by
Dodson and Dodson Hsb

Purchase Details

Closed on
Sep 28, 2005
Bought by
Moore Const

Purchase Details

Closed on
Sep 23, 2005
Bought by
Moore Const

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
Peper Alex $166,000 Liberty Title & Escrow Compa
Clark Jacob R $146,000 Attorney
Dodson $150,000 --
Dodson $150,000 --
Moore Const $27,000 --
Moore Const $27,000 --
Plat Pc I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peper Alex $169,818
Previous Owner Clark Jacob R $149,139
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2020 08/10/20 Sold $166,000 +0.6% $103 / Sq Ft
04/01/2020 04/01/20 For Sale $165,000 +13.0% $102 / Sq Ft
09/11/2015 09/11/15 Sold $146,000 -5.3% $90 / Sq Ft View Prior Sale
08/12/2015 08/12/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $154,250 -- $95 / 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 $1,595 $31,330 $5,000 $26,330
2024 $1,595 $31,330 $5,000 $26,330
2023 $1,595 $31,330 $5,000 $26,330
2022 $1,595 $31,330 $5,000 $26,330
2021 $1,595 $31,330 $5,000 $26,330
2020 $1,589 $31,210 $5,000 $26,210
2019 $1,589 $31,210 $5,000 $26,210
2018 $1,542 $31,210 $5,000 $26,210
2017 $1,433 $31,210 $5,000 $26,210
2016 $1,542 $31,210 $5,000 $26,210
2015 $1,112 $29,590 $5,000 $24,590
2014 $1,112 $29,590 $5,000 $24,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20010964

Cooperative Arkansas REALTORS® MLS

APN: 721-37698-000