NOT LISTED FOR SALE

31 Corvette Dr Cabot, AR 72023

Estimated Value: $187,000 - $192,000

3 Beds
2 Baths
1,213 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $90,000 $74 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,039/month

110 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Breakfast Bar
  • Southside Elementary School Rated A-
  • Tray Ceiling
  • Patio

About This Home

As of February 2016

Beautiful home in established subdivision. Living Rm has trey ceiling. Laminate flooring. Nice size backyard. Seller does not pay customary closing cost: including Title Policy, escrow fees, survey, or transfer fees. Proof of funds required on cash transactions, Lender Pre-Approval letter for financed offers (dated within last 30 days). Seller is Secretary of Veterans Affairs. See agent remarks for submitting offer. SEE AGENT REMARKS

Last Agent to Sell the Property

Mark Lercher

RE/MAX Advantage Listed on: 09/24/2015

RE/MAX Advantage

Last Buyer's Agent

Lisa Cotroneo

IRealty Arkansas - Cabot

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 2004

Lot Details

  • Partially Fenced Property
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Architectural Shingle Roof

Interior Spaces

  • 1,213 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,061

Year Built

Built in 2004

Lot Details

8,756 Sq Ft Lot

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Partially Fenced, Wood Fence
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2004
  • Special Features: 1028
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Breakfast Bar, Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1213
  • Bedrooms: 3
  • Floors: Carpet, Tile, Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Dishwasher, Disposal
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling, Tray Ceiling

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 00
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1060.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Feb 16, 2016
Sold by
Veterans Admin
Bought by
Griffino Kelly
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Lisa Cotroneo
IRealty Arkansas - Cabot
List Price
$100,250
Sold Price
$90,000
Premium/Discount to List
-$10,250
-10.22%
Current Estimated Value
$189,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,678
Avg. Annual Appreciation
7.73%
Original Mortgage
$88,369
Outstanding Balance
$69,090
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$120,588

Purchase Details

Closed on
Jul 20, 2015
Sold by
Jacobs Courtney L and Robinson Toya L
Bought by
Veterans Admin

Purchase Details

Closed on
Dec 10, 2004
Bought by
Jacobs and Jacobs Robinson

Purchase Details

Closed on
Aug 19, 2004
Bought by
Moore Construction

Purchase Details

Closed on
Jun 24, 2004
Bought by
Plat Pci-731
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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Purchase History

Date Buyer Sale Price Title Company
Griffino Kelly $90,000 Attorney
Veterans Admin $81,480 None Available
Jacobs $100,000 --
Moore Construction $20,000 --
Plat Pci-731 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffino Kelly $88,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $90,000 -10.2% $74 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
09/24/2015 09/24/15 For Sale $100,250 -- $83 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $643 $20,980 $4,000 $16,980
2024 $643 $20,980 $4,000 $16,980
2023 $643 $20,980 $4,000 $16,980
2022 $693 $20,980 $4,000 $16,980
2021 $693 $20,980 $4,000 $16,980
2020 $709 $21,300 $4,000 $17,300
2019 $709 $21,300 $4,000 $17,300
2018 $702 $21,300 $4,000 $17,300
2017 $0 $0 $0 $0
2016 $985 $0 $0 $0
2015 $985 $21,470 $4,000 $17,470
2014 $1,061 $21,470 $4,000 $17,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 15028136

Cooperative Arkansas REALTORS® MLS

APN: 722-75047-000

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