NOT LISTED FOR SALE

16 S Summit Dr Cabot, AR 72023

Estimated Value: $220,179 - $246,000

3 Beds
2 Baths
1,734 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $120,000 $69 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,254/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Formal Dining Room
  • Mountain Springs Elementary School Rated A-
  • Screened Porch
  • Walk-In Closet

About This Home

As of November 2016

Great house convenient to freeway & shopping. Nice lot with shop, fenced yard. 3 Bedroom, 2 bath, fireplace. 2 Car garage with nice front entry view of yard.

Last Agent to Sell the Property

Jack French

Plantation Realty Listed on: 10/05/2016

Last Buyer's Agent

Gayle Orell

Michele Phillips & Co. Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Partially Fenced Property
  • Chain Link Fence
  • Sloped Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Metal Siding
  • Composition Shingle

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Formal Dining Room
  • Screened Porch
  • Crawl Space
  • Dryer

Kitchen

  • Breakfast Bar
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Shop

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Screened Porch, Partially Fenced, Shop, Chain Link
  • Inside City Limits: Yes
  • LVT Date: 10/06/2016
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Separate Dining Room, Living/Dining Combo
  • Fireplace: Woodburning-Site-Built, Insert Unit
  • Bedrooms: All Bedrooms Down, 2 Bedrooms Same Level, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1734
  • Bedrooms: 3
  • Floors: Carpet, Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Built-In Stove, Dishwasher, Disposal, Refrigerator-Stays
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Vault Ceiling

Exterior Features

  • Exterior: Metal/Vinyl Siding, Composition
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Tv-Cable, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Lot: Sloped
  • Geo Subdivision: AR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
Nov 23, 2016
Sold by
Powell Mark A and Bert Powell W
Bought by
Murphree Karen and Murphree Brent Michael
Seller's Agent
Jack French
Plantation Realty
Buyer's Agent
Gayle Orell
Michele Phillips & Co. Realtors
List Price
$124,500
Sold Price
$120,000
Premium/Discount to List
-$4,500
-3.61%
Current Estimated Value
$227,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,795
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
May 5, 1992
Bought by
Powell and Wife Mary

Purchase Details

Closed on
Apr 28, 1987
Bought by
Fell and Wife Jacklyn

Purchase Details

Closed on
Sep 5, 1985
Bought by
Arthur Porter

Purchase Details

Closed on
Jan 15, 1985
Bought by
Sunland Inc

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
Murphree Karen $120,000 None Available
Powell $77,000 --
Powell $77,000 --
Fell $83,000 --
Arthur Porter $80,000 --
Sunland Inc -- --
Plat Plat B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2016 11/23/16 Sold $120,000 -3.6% $69 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $124,500 -- $72 / 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 $891 $25,860 $2,500 $23,360
2024 $891 $25,860 $2,500 $23,360
2023 $891 $25,860 $2,500 $23,360
2022 $941 $25,860 $2,500 $23,360
2021 $941 $25,860 $2,500 $23,360
2020 $977 $26,570 $2,500 $24,070
2019 $977 $26,570 $2,500 $24,070
2018 $963 $26,570 $2,500 $24,070
2017 $654 $0 $0 $0
2016 $654 $26,570 $2,500 $24,070
2015 $654 $27,840 $2,500 $25,340
2014 $654 $27,840 $2,500 $25,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16029716

Cooperative Arkansas REALTORS® MLS

APN: 722-90120-000