NOT LISTED FOR SALE

235 Red Oak Airpark Cabot, AR 72023

Estimated Value: $574,000 - $615,000

3 Beds
3.5 Baths
3,719 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $375,000 $101 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,472/month

266 Days on Market

Highlights

  • Airport or Runway
  • Airstrip
  • Gated Community
  • Southside Elementary School Rated A-
  • Safe Room
  • Traditional Architecture

About This Home

As of October 2014

Amazing home sitting on 3.27 acres with a private airstrip a 55X75 Hanger with Hydraulic Door. Large cooks kitchen with island , 2 dishwashers, ice maker, gas range, 2 pantries, Refrigerator stays. Hardwood flooring in living room, office and master bedroom. Built ins, stained cabinets. Safe room, large laundry room with folding table and pull out hampers plus tons of storage. Bonus room with wet bar & mini fridge. 2 bedrooms/2 baths up. Geothermal unit w/ 2 HW heaters & a covered patio.

Last Agent to Sell the Property

Kelly Tedder

PorchLight Realty Listed on: 01/04/2014

Co-Listed By

Rita French

PorchLight Realty

Last Buyer's Agent

Rhonda Williams

RE/MAX Homefinders

RE/MAX Homefinders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,689

Year Built

  • Built in 2005

Lot Details

  • 3.27 Acre Lot
  • Landscaped
  • Level Lot
  • Cleared Lot

HOA Fees

  • $20 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,719 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Game Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Safe Room
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Airstrip
  • Patio
  • Outdoor Storage

Schools

  • Cabot South Elementary And Middle School
  • Cabot High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Gas Water Heater
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Foreclosure

Community Details

Overview

  • Other Mandatory Fees

Additional Features

  • Airport or Runway
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,689

Year Built

Built in 2005

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Restrictions: Survey Restrictions, Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Outside Storage Area, Private Airstrip
  • Foreclosure REO: Yes
  • Price Per Sq Ft: 100.83
  • Road Surface: Paved
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2005
  • Special Features: 1028
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo, Breakfast Bar
  • Fireplace: Gas Logs Present
  • Bedrooms: Primary Bedroom/Main Lv, Primary Bedroom Apart, 2 Bedrooms Same Level
  • Estimated Sq Ft: 3719
  • Bedrooms: 3
  • Floors: Carpet, Wood, Tile
  • Foundation: Slab
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Built-In Stove, Microwave, Gas Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Great Room, Office/Study, Game Room, Laundry, Safe/Storm Room
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener, Side Entry

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Natural, Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Geothermal

Condo/Co-op/Association

  • Amenities: Mandatory Fee, Gated Entrance, Airport
  • Condo Association Fee: 240
  • Frequency: Annual

Schools

  • Elementary School: Cabot South
  • Middle School: Cabot South
  • High School: Cabot
  • Junior High: Cabot South

Lot Info

  • Estimated Lot Size: 3.27
  • Estimated Lot Size: 3.27 acres
  • Lot: Level, Cleared, Extra Landscaping, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Annual Taxes: 3689.44
  • Year: 2011

MLS Schools

  • Elementary School: Cabot South
  • HighSchool: Cabot
  • Middle School: Cabot South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2014
Closed on
Oct 10, 2014
Sold by
First Community Bank
Bought by
Barker Stephen and Barker Gale
Seller's Agent
Kelly Tedder
PorchLight Realty
Buyer's Agent
Rhonda Williams
RE/MAX Homefinders
List Price
$515,000
Sold Price
$375,000
Premium/Discount to List
-$140,000
-27.18%
Current Estimated Value
$589,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,820
Avg. Annual Appreciation
4.20%
Original Mortgage
$306,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2009
Sold by
First Community Bank
Bought by
Ake Walter L and Ake Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5.06%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 23, 2005
Bought by
Ake and Ake Wf

Purchase Details

Closed on
Feb 18, 2005
Bought by
Ake and Ake Wf

Purchase Details

Closed on
Oct 25, 2004
Bought by
Criswell and Criswell Wf

Purchase Details

Closed on
Apr 7, 2003
Bought by
Sadler and Sadler Wf

Purchase Details

Closed on
Jul 12, 2001
Bought by
Plat Plat D and Plat 44
Source: Public Records

Range of Values:

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Average Value
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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
Barker Stephen $375,000 --
Ake Walter L -- --
Ake $55,000 --
Ake $55,000 --
Criswell $44,000 --
Sadler $44,000 --
Plat Plat D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Barker Stephen $306,000
Previous Owner Ake Walter L $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $375,000 -27.2% $101 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
01/04/2014 01/04/14 For Sale $515,000 -- $138 / 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 $4,023 $87,640 $8,800 $78,840
2024 $4,023 $87,640 $8,800 $78,840
2023 $4,023 $87,640 $8,800 $78,840
2022 $4,023 $87,640 $8,800 $78,840
2021 $4,023 $87,640 $8,800 $78,840
2020 $3,845 $83,770 $8,800 $74,970
2019 $3,845 $83,770 $8,800 $74,970
2018 $3,845 $83,770 $8,800 $74,970
2017 $3,552 $83,770 $8,800 $74,970
2016 $3,845 $83,770 $8,800 $74,970
2015 $3,689 $80,380 $8,800 $71,580
2014 $3,689 $80,380 $8,800 $71,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10373427

Cooperative Arkansas REALTORS® MLS

APN: 364-00106-000