NOT LISTED FOR SALE

16383 Highway 5 Cabot, AR 72023

Estimated Value: $306,000 - $337,000

3 Beds
3 Baths
2,180 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $295,000 $135 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,786/month

125 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Wood Flooring
  • Magness Creek Elementary School Rated A-
  • Traditional Architecture
  • Eat-In Kitchen

About This Home

As of July 2023

Looking for the perfect blend of peace, privacy, and convenience? Look no further than this stunning home nestled on 3.5 acres of land, complete with Magness Creek running right through the property. With picturesque views from every angle, you'll feel like you're living in your very own nature sanctuary. Step inside and you will notice the space living area with large windows throughout that let in plenty of natural light. The bedrooms are equally impressive in size, with comfortable accommodations. But perhaps the best part of this property is the outdoor space. The sprawling 3.5-acre lot provides plenty of room for outdoor activities. Add your personal touches to make this amazing property yours.

Last Agent to Sell the Property

Emily Goodhart

Arkansas Property Management & Real Estate Listed on: 03/14/2023

Last Buyer's Agent

NON MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1989

Lot Details

  • 3.5 Acre Lot
  • Level Lot

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2,180 Sq Ft Home
  • 3-Story Property
  • Wood Burning Stove

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Propane
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,094

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Guttering
  • LVT Date: 03/14/2023
  • Price Per Sq Ft: 135.32
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Stove
  • Bedrooms: All Bedrooms Up
  • Estimated Sq Ft: 2180
  • Bedrooms: 3
  • Floors: Carpet, Wood
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 3
  • Kitchen Equip: Built-In Stove, Gas Range, Dishwasher, Disposal
  • Stories: Tri-Level

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 3.5
  • Estimated Lot Size: 3.5
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1093.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Jul 17, 2023
Sold by
Wilson Betty J and Wilson James A
Bought by
Kollur Munirathnam Ekalavya and Kollur Mounica Valleru
Seller's Agent
Emily Goodhart
Arkansas Property Management & Real Estate
Buyer's Agent
NON MEMBER
NON-MEMBER
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Views
189
Current Estimated Value
$322,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,716
Avg. Annual Appreciation
4.02%
Original Mortgage
$286,150
Outstanding Balance
$279,171
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$43,545

Purchase Details

Closed on
Oct 25, 1996
Bought by
Matney Trust For 1/2 Min Int

Purchase Details

Closed on
Apr 28, 1987
Bought by
Wilson
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 Buyer Sale Price Title Company
Kollur Munirathnam Ekalavya $295,000 None Listed On Document
Matney Trust For 1/2 Min Int -- --
Wilson $10,000 --
Wilson $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kollur Munirathnam Ekalavya $286,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $295,000 -1.7% $135 / Sq Ft
06/10/2023 06/10/23 Price Changed $300,000 -6.3% $138 / Sq Ft
04/24/2023 04/24/23 Price Changed $320,000 -1.5% $147 / Sq Ft
03/14/2023 03/14/23 For Sale $325,000 -- $149 / 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 $1,115 $39,960 $5,250 $34,710
2024 $1,115 $39,960 $5,250 $34,710
2023 $1,115 $39,960 $5,250 $34,710
2022 $1,094 $39,960 $5,250 $34,710
2021 $1,094 $39,960 $5,250 $34,710
2020 $1,094 $36,720 $5,250 $31,470
2019 $1,094 $36,720 $5,250 $31,470
2018 $1,119 $36,720 $5,250 $31,470
2017 $1,315 $36,720 $5,250 $31,470
2016 $1,119 $36,720 $5,250 $31,470
2015 $1,119 $35,350 $5,250 $30,100
2014 $1,119 $35,350 $5,250 $30,100
Source: Public Records

Agents Affiliated with this Home

  • Emily Goodhart

    Seller's Agent in 2023

    Emily Goodhart

    Arkansas Property Management & Real Estate

    (479) 462-9494

    28 Total Sales

    Emily Goodhart
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

    NON-MEMBER

See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23007393

Cooperative Arkansas REALTORS® MLS

APN: 001-12867-003

Arkansas Lonoke County Cabot 72023

16383 Highway 5, Cabot, AR

This home is located at 16383 Highway 5, Cabot, AR 72023 since 14 March 2023 and is currently estimated at $322,716, approximately $148 per square foot. This property was built in 1989. 16383 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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