$499,000
SOLD JUN 24, 2025

245 Memory Ln Cabot, AR 72023

4 Beds
2.5 Baths
2,900 Sq Ft
5 Acres

Recently Sold

$172 Per Sq Ft

3% Below List Price

92 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Traditional Architecture
  • Magness Creek Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2025

Welcome to this exquisite 2-story home, showcasing 2,900 square feet of beautifully maintained living space nestled on a 5-acre lot. This property epitomizes comfort and elegance with its tall ceilings and an abundance of natural light streaming through expansive windows. The home boasts four bedrooms and two and a half bathrooms, ideal for family living and entertaining guests. The thoughtful layout includes a large bonus storage room located above the garage, offering versatile use for your storage needs or as a creative space. Every inch of this home has been meticulously maintained, ensuring a ready-to-move-in experience that will allow you to immediately enjoy the serene surroundings. This property is a true sanctuary, combining the best of indoor and outdoor living, promising a lifestyle of tranquility and convenience. Agents, see remarks.

Last Agent to Sell the Property

Debbie Tarrants

Venture Realty Group - Cabot Listed on: 03/01/2025

Last Buyer's Agent

Mindy Strand

RE/MAX Homefinders

RE/MAX Homefinders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1995

Lot Details

  • 5 Acre Lot
  • Lot Sloped Down
  • Cleared Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Parking

  • 4 Car Garage
  • Parking Pad

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Geothermal Heating and Cooling
  • Co-Op Electric
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 001-12849-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,688

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Deck, Porch, Above Ground Pool
  • LVT Date: 03/01/2025
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Dining Room: Separate Dining Room, Separate Breakfast Rm
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Primary Bedroom/Main Lv, 2 Bedrooms Same Level, 3 Bedrooms Upper Level
  • Estimated Sq Ft: 2900
  • Bedrooms: 4
  • Floors: Carpet, Wood, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Disposal, Trash Compactor
  • Other Rooms: Great Room, Office/Study, Laundry
  • Stories: Two Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Parking Pads, Three Car, Four Car Or More

Utilities

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

Lot Info

  • Estimated Lot Size: 5
  • Estimated Lot Size: 217800
  • Lot: Sloped, Wooded, Cleared, Down Slope
  • Geo Subdivision: AR
  • Parcel Number: 001-12849-000

Tax Info

  • Annual Taxes: 2687.96
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2019
Sold by
Fisk Darrel W and Fisk Libby
Bought by
Fisk Ret
Current Estimated Value
$501,665

Purchase Details

Closed on
Mar 3, 1992
Bought by
Fisk and Wife Libby

Purchase Details

Closed on
Sep 20, 1983
Bought by
Tipton and Tipton Wife
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Quit Claim Deed -- --
Deed $13,000 --
Deed $13,000 --
Deed $4,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2025 06/24/25 Sold $499,000 0.0% $172 / Sq Ft
04/10/2025 04/10/25 Price Changed $499,000 -2.3% $172 / Sq Ft
03/19/2025 03/19/25 Price Changed $511,000 -0.8% $176 / Sq Ft
03/01/2025 03/01/25 For Sale $515,000 -- $178 / 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 $2,688 $67,080 $7,500 $59,580
2024 $2,688 $67,080 $7,500 $59,580
2023 $2,688 $67,080 $7,500 $59,580
2022 $2,605 $67,080 $7,500 $59,580
2021 $2,472 $67,080 $7,500 $59,580
2020 $2,329 $57,940 $7,500 $50,440
2019 $2,329 $57,940 $7,500 $50,440
2018 $2,354 $57,940 $7,500 $50,440
2017 $2,457 $57,940 $7,500 $50,440
2016 $2,354 $57,940 $7,500 $50,440
2015 $2,492 $58,780 $7,500 $51,280
2014 $2,393 $58,780 $7,500 $51,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25007834

Cooperative Arkansas REALTORS® MLS

APN: 001-12849-000