NOT LISTED FOR SALE

16185 Highway 5 Cabot, AR 72023

Estimated Value: $246,000 - $263,000

3 Beds
2 Baths
1,818 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $150,000 $83 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,415/month

43 Days on Market

Highlights

  • Golf Course Community
  • Wood Burning Stove
  • Traditional Architecture
  • Magness Creek Elementary School Rated A-
  • Pond
  • Wood Flooring

About This Home

As of August 2018

Country feel, City close! 2 acres + stocked pond, fruit trees across the street from Magness Elem School! This lovely 3 BR features wood burning stove, new wood tile floors, custom kitchen cabinets with soft close drawers, family size den, stainless appliances, storage bld. with power, roof 3 yrs. . Many updates to this home, fresh interior paint /new tile shower in master bath. This home sits back away from road, very private, look for sign or you will miss it! Sq. ft. est. feel free to measure

Last Agent to Sell the Property

Linda Averitt

PorchLight Realty - NLR Listed on: 07/18/2018

Last Buyer's Agent

Tami Davis

PorchLight Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 1980

Lot Details

  • 2 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Wood Burning Stove
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Separate Formal Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Pond
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$853

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Partially Fenced, Outside Storage Area
  • LVT Date: 07/19/2018
  • Price Per Sq Ft: 82.51
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Zoning: Residental
  • Estimated Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Stove
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1818
  • Bedrooms: 3
  • Floors: Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher
  • Other Rooms: Formal Living Room, Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Water-Public, Well, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Golf Course

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 2 acres
  • Lot: Level, Rural Property, Pond, Cleared, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 30, 2018
Sold by
Thomas Charles G and Thomas Cheryl R
Bought by
Pruemer Rhett L
Seller's Agent
Linda Averitt
PorchLight Realty - NLR
Buyer's Agent
Tami Davis
PorchLight Realty
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Current Estimated Value
$254,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,645
Avg. Annual Appreciation
7.66%
Original Mortgage
$142,500
Outstanding Balance
$122,846
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$131,799

Purchase Details

Closed on
Sep 3, 1996
Bought by
Thomas
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
Pruemer Rhett L $150,000 Waco Title
Thomas $87,000 --
Thomas $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruemer Rhett L $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $150,000 -3.2% $83 / Sq Ft
07/18/2018 07/18/18 For Sale $154,900 -- $85 / 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 $964 $29,280 $3,000 $26,280
2024 $964 $29,280 $3,000 $26,280
2023 $964 $29,280 $3,000 $26,280
2022 $994 $29,280 $3,000 $26,280
2021 $934 $29,280 $3,000 $26,280
2020 $874 $26,230 $3,000 $23,230
2019 $874 $26,230 $3,000 $23,230
2018 $1,249 $26,230 $3,000 $23,230
2017 $1,112 $26,230 $3,000 $23,230
2016 $899 $26,230 $3,000 $23,230
2015 $853 $25,230 $3,000 $22,230
2014 $853 $25,230 $3,000 $22,230
Source: Public Records

Agents Affiliated with this Home

  • Linda Averitt

    Seller's Agent in 2018

    Linda Averitt

    PorchLight Realty - NLR

    (501) 831-2510

    91 Total Sales

    Linda Averitt
    Section Image
  • Tami Davis

    Buyer's Agent in 2018

    Tami Davis

    PorchLight Realty

    (501) 351-6690

    488 Total Sales

    Tami Davis
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18022943

Cooperative Arkansas REALTORS® MLS

APN: 001-12896-001

Arkansas Lonoke County Cabot 72023

16185 Highway 5, Cabot, AR

This home is located at 16185 Highway 5, Cabot, AR 72023 since 18 July 2018 and is currently estimated at $254,645, approximately $140 per square foot. This property was built in 1980. 16185 Highway 5 is a home located in Lonoke County with nearby schools including Magness Creek Elementary School, Cabot Junior High North, and Cabot Middle School North.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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