NOT LISTED FOR SALE

1804 E Highway 89 Cabot, AR 72023

Estimated Value: $112,000

-- Bed
8 Baths
5,000 Sq Ft
$22/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $67,000 $13 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $854/month

231 Days on Market

Highlights

  • Ranch Style House
  • Central Heating and Cooling System
  • Carpet
  • Outdoor Storage
  • Level Lot

About This Home

As of July 2017

Big O Opportunity! You are buying a 2500 sf house divided into 3 units. Two 1200 sf duplex's with three 1 bedroom and one 2 bedroom apartments. There is a third building currently being used for storage(could be finished out for a third duplex.) A sewer system is in place for these unit and the original park has hook up for another 10 or so trailers. All units need some work, paint, carpets, tile. Several units could be rent ready for little money. Some of the property is in the flood plain.

Last Agent to Sell the Property

Robert Vowell

Dixon Realty & Property Management Listed on: 08/24/2016

Last Buyer's Agent

Ron Jones

RE/MAX Affiliates Realty

RE/MAX Affiliates Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1940

Lot Details

  • 4.25 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Walls
  • Frame Construction
  • Built-Up Roof
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Crawl Space
  • Washer Hookup

Kitchen

  • Electric Range
  • Stove

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System
  • Electric Water Heater
  • Septic System

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Ranch
  • LVT Date: 08/24/2016
  • Price Per Sq Ft: 13.4
  • Road Surface: Paved
  • Type: Pkg Single Family
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Floors: Partial Carpet, Vinyl
  • Foundation: Crawl Space, Slab
  • Stories: One Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric
  • Walls: Sheet Rock, Wood
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Free-Standing Stove, Electric Range

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Built-Up, Metal
  • Exterior Features: Storage Building

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Septic, Water-Public
  • Heating And Air Cond: Central Cool-Electric, Window Units, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 4.25
  • Estimated Lot Size: 4.25 acres
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Maximum Rent One Bedroom: 400
  • Maximum Rent Two Bedroom: 550
  • Minimum Rent One Bedroom: 350
  • Minimum Rent Two Bedroom: 450
  • Number Of One Bathroom Unitss: 4
  • Number Of One Bedroom Units: 4
  • Number Of Two Bathroom Units: 3
  • Number Of Two Bedroom Units: 3
  • Number Units: 7

Tax Info

  • Annual Taxes: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Jul 26, 2017
Sold by
Currier Phillip
Bought by
Mhjh Properties Llc
Seller's Agent
Robert Vowell
Dixon Realty & Property Management
Buyer's Agent
Ron Jones
RE/MAX Affiliates Realty
List Price
$87,500
Sold Price
$67,000
Premium/Discount to List
-$20,500
-23.43%
Current Estimated Value
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,000
Original Mortgage
$141,000
Interest Rate
3.96%
Mortgage Type
Commercial
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
Mhjh Properties Llc $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mhjh Properties Llc $141,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $67,000 -23.4% $13 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
08/24/2016 08/24/16 For Sale $87,500 -- $18 / 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 $3,114 $56,190 $7,215 $48,975
2024 $2,322 $56,190 $7,215 $48,975
2023 $2,322 $56,190 $7,215 $48,975
2022 $2,491 $56,190 $7,215 $48,975
2021 $2,269 $38,080 $9,280 $28,800
2020 $2,269 $38,080 $9,280 $28,800
2019 $2,224 $38,300 $9,500 $28,800
2018 $2,237 $38,300 $9,500 $28,800
2017 $2,111 $38,300 $9,500 $28,800
2016 -- $35,250 $15,640 $19,610
2015 $1,307 $30,013 $15,640 $14,373
2014 $1,307 $25,733 $15,640 $10,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16025332

Cooperative Arkansas REALTORS® MLS

APN: 11R-016-00-009-00