$75,000
SOLD APR 17, 2020

1631 Erving Ridge Loop Cabot, AR 72023

3 Beds
2 Baths
2,037 Sq Ft
1.5 Acres

Recently Sold

$37 Per Sq Ft

17% Below List Price

57 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Great Room
  • Wood Flooring
  • Sun or Florida Room
  • Workshop

About This Home

As of August 2020

Investors Special!! This home is in a great location on 1.5 acres, with some TLC it could be a dream house, or would make an awesome flip home. Roof was replaced in summer of 2018 with architectural shingles and septic tank was replaced in 2017. Two bonus rooms that are not included in square footage and storm shelter.

Last Agent to Sell the Property

Wendy Harris

CENTURY 21 Prestige Realty Listed on: 02/20/2020

CENTURY 21 Prestige Realty

Last Buyer's Agent

Missy Brown

PorchLight Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1978

Lot Details

  • 1.5 Acre Lot
  • Fenced
  • Sloped Lot

Home Design

  • Fixer Upper
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,037 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Crawl Space
  • Attic Ventilator
  • Washer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$561

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Fixer-Upper
  • Ext Features: Patio, Deck, Porch, Fully Fenced, Outside Storage Area
  • LVT Date: 02/21/2020
  • Price Per Sq Ft: 36.82
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Site-Built, Insert Unit
  • Bedrooms: Primary Bedroom Apart, 2 Bedrooms Same Level
  • Estimated Sq Ft: 2037
  • Bedrooms: 3
  • Floors: Vinyl, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Disposal
  • Other Rooms: Great Room, Sun Room, Workshop/Craft, Bonus Room
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock Ceiling, Skylight - Ceiling, Sheet Rock

Exterior Features

  • Exterior: Frame
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 1.5
  • Estimated Lot Size: 1.5
  • Lot: Sloped
  • Geo Subdivision: AR

Green Features

  • Energy Features: Attic Vent-Turbo, Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 561

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 27, 2020
Sold by
Chuck Construct Inc
Bought by
Clark Jared Wayne and Clark Erica Renee
Seller's Agent
Missy Brown
PorchLight Realty
Buyer's Agent
Joanna White
Bailey & Company Real Estate
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$319,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,836
Avg. Annual Appreciation
7.18%
Original Mortgage
$213,750
Outstanding Balance
$189,689
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$130,147

Purchase Details

Listed on
Feb 20, 2020
Closed on
Apr 17, 2020
Sold by
Bigelow Cheryl R
Bought by
Chuck Construct Inc
Seller's Agent
Wendy Harris
CENTURY 21 Prestige Realty
Buyer's Agent
Missy Brown
PorchLight Realty
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2015.13%
Original Mortgage
$132,100
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2004
Sold by
Mansfield Dorothy
Bought by
Bigelow Cheryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $225,000 Land Title
Warranty Deed $75,000 Professional Land Ttl Co Of
Warranty Deed $111,000 American Abstract & Title Co
Interfamily Deed Transfer -- American Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,750 New Conventional
Previous Owner $132,100 Unknown
Previous Owner $29,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $225,000 0.0% $91 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $225,000 +200.0% $91 / Sq Ft
04/17/2020 04/17/20 Sold $75,000 -16.6% $37 / Sq Ft
02/20/2020 02/20/20 For Sale $89,900 -- $44 / 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
2024 $2,147 $45,616 $2,100 $43,516
2023 $2,147 $45,616 $2,100 $43,516
2022 $2,401 $45,616 $2,100 $43,516
2021 $2,289 $38,420 $6,750 $31,670
2020 $605 $31,030 $6,750 $24,280
2019 $605 $31,030 $6,750 $24,280
2018 $630 $31,030 $6,750 $24,280
2017 $630 $31,030 $6,750 $24,280
2016 -- $25,730 $7,800 $17,930
2015 $814 $16,016 $7,800 $8,216
2014 $814 $16,016 $7,800 $8,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20006144

Cooperative Arkansas REALTORS® MLS

APN: 11R-028-61-019-00