RENTED MAY 24, 2025

16 Sagebrush Ln Cabot, AR 72023

Estimated Value: $217,000 - $222,400

3 Beds
2 Baths
1,468 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 17, 2025

Last sale price $214,196 $146 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,230/month

About This Home

As of May 2025

Beautiful 3 bed/2 bath home in Magness Creek. Custom built ins, tornado shelter/safe room, spacious yard, covered back porch, and a spacious shed. NO SMOKING/VAPING Application Fees/Background Check/Rental Verification/Security Deposit REQUIRED. 2 pet max w/ restrictions & pet fees.

Last Agent to Rent the Property

James Knaack

PorchLight Realty Listed on: 05/02/2025

Last Renter's Agent

James Knaack

PorchLight Realty Listed on: 05/02/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 9,278

Parking

  • 1 Car Garage

Home Design

  • 1,468 Sq Ft Home
  • House

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Rent: 1500

Listing Details

  • Class: Rental
  • Inside City Limits: Yes
  • LVT Date: 05/02/2025
  • Street Designation: Lane
  • Type: Home
  • Estimated Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Appliances: Range W/Oven, Refrigerator, Dishwasher, Microwave, Electric
  • Estimated Sq Ft: 1468
  • Bedrooms: 3
  • Full Bathrooms: 2

Garage/Parking

  • Garage: One Car Garage

Utilities

  • Heating: Gas Heat
  • Cooling: Central

Condo/Co-op/Association

  • Pets: Yes With Restrictions

Lot Info

  • Geo Subdivision: AR

Multi Family

  • Lease Duration: Month
  • Lease Required: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 23, 2018
Sold by
Hart Edward J and Hart Nancy J
Bought by
Herzberg Peter
Seller's Agent
Joshua Schmidt
Brick Real Estate
Buyer's Agent
Kristan Angel
Realty One Group Lock and Key
List Price
$155,000
Sold Price
$149,500
Premium/Discount to List
-$5,500
-3.55%
Current Estimated Value
$219,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,100
Avg. Annual Appreciation
5.30%
Original Mortgage
$119,500
Outstanding Balance
$102,559
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$117,041

Purchase Details

Closed on
Nov 21, 2006
Sold by
Robinson Eric and Robinson Lisa
Bought by
Hart Edward J and Hart Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
6.26%

Purchase Details

Closed on
Nov 6, 2006
Sold by
Robinson Eric and Robinson Lisa
Bought by
Hart Edward J and Hart Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
6.26%

Purchase Details

Closed on
May 7, 2003
Bought by
Robinson and Robinson Wf

Purchase Details

Closed on
Jan 15, 2003
Bought by
Utley Const

Purchase Details

Closed on
Mar 5, 2002
Bought by
Amended Plat D and Amended 506

Purchase Details

Closed on
Dec 27, 2001
Bought by
Plat Plat D and Plat 486
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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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
Herzberg Peter $149,500 --
Hart Edward J -- --
Hart Edward J -- --
Robinson $120,000 --
Robinson $120,000 --
Utley Const $22,000 --
Amended Plat D -- --
Plat Plat D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herzberg Peter $119,500
Previous Owner Hart Edward J $129,900
Previous Owner Hart Edward J $129,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2025 05/24/25 Rented $1,500 0.0% --
05/02/2025 05/02/25 For Rent $1,500 0.0% --
03/17/2025 03/17/25 Sold $214,196 -4.8% $146 / Sq Ft View Prior Sale
02/25/2025 02/25/25 Pending -- -- --
02/25/2025 02/25/25 Price Changed $225,000 -3.4% $153 / Sq Ft
02/18/2025 02/18/25 For Sale $233,000 +55.9% $159 / Sq Ft
07/23/2018 07/23/18 Sold $149,500 -3.5% $102 / Sq Ft View Prior Sale
06/20/2018 06/20/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $155,000 -- $106 / 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 $1,000 -- -- --
2024 $1,000 $28,020 $4,000 $24,020
2023 $1,000 $28,020 $4,000 $24,020
2022 $1,050 $28,020 $4,000 $24,020
2021 $1,050 $28,020 $4,000 $24,020
2020 $1,050 $28,000 $4,000 $24,000
2019 $1,050 $28,000 $4,000 $24,000
2018 $941 $28,000 $4,000 $24,000
2017 $1,200 $28,000 $4,000 $24,000
2016 $941 $28,000 $4,000 $24,000
2015 $1,200 $26,140 $4,000 $22,140
2014 $941 $26,140 $4,000 $22,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25017276

Cooperative Arkansas REALTORS® MLS

APN: 721-37272-000