NOT LISTED FOR SALE

31 S Summit Dr Cabot, AR 72023

Estimated Value: $280,000 - $333,000

3 Beds
2 Baths
1,841 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $294,000 $160 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,740/month

67 Days on Market

Highlights

  • Deck
  • Creek On Lot
  • Granite Countertops
  • Mountain Springs Elementary School Rated A-
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of April 2024

Very well maintained home near Wal Mart and other shopping with easy access to Hwy 67/167 and Hwy 5. 1841 sqft on almost two acres in the city limits. Lot is sloped but opens up to a huge backyard that is a great place for children to play or for outdoor entertaining. Laminate vinyl plank flooring throughout, granite countertops, tile backsplash, large kitchen island, lots of storage. Master bedroom has separate tub and shower with a large walk in closet. Split floorplan with large open kitchen, dining room, and living room great for entertaining. Backs up to greenspace sit on the back deck and watch the wildlife. Property has a creek that flows most of the year. Large roll up door to huge underneath storage area. Nice landscaping with rock edging. See agent remarks.

Last Agent to Sell the Property

Don Brooks

McKimmey Associates, Realtors - 50 Pine Listed on: 12/23/2023

Last Buyer's Agent

Jessica Mcafee

Goff Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,784

Year Built

  • Built in 2020

Lot Details

  • 2 Acre Lot
  • Sloped Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Metal Siding
  • Composition Shingle

Interior Spaces

  • 1,841 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring
  • Crawl Space
  • Attic Ventilator
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Creek On Lot
  • Deck
  • Covered Patio or Porch

Schools

  • Mountain Springs Elementary School
  • Cabot North Middle School
  • Cabot High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,784

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Guttering, Covered Patio
  • Inside City Limits: Yes
  • LVT Date: 12/23/2023
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Living/Dining Combo
  • Bedrooms: Guest Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1841
  • Bedrooms: 3
  • Floors: Luxury Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar, Kit Counter- Granite Slab
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding, Composition
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Tv-Cable
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump

Schools

  • Junior High: Cabot North

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 1.96 Acres
  • Lot: Sloped, Creek, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Attic Vent-Turbo, Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1784
  • Year: 2022

MLS Schools

  • Elementary School: Mountain Springs
  • HighSchool: Cabot
  • Middle School: Cabot North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2023
Closed on
Apr 9, 2024
Sold by
Brooks Joseph S and Brooks Haley E
Bought by
Small Micah and Wade Lindsey
Seller's Agent
Don Brooks
McKimmey Associates, Realtors - 50 Pine
Buyer's Agent
Jessica Mcafee
Goff Realty
List Price
$294,000
Sold Price
$294,000
Views
438
Current Estimated Value
$305,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,709
Avg. Annual Appreciation
2.27%
Original Mortgage
$284,187
Outstanding Balance
$279,989
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$25,720

Purchase Details

Listed on
Apr 29, 2020
Closed on
Aug 4, 2020
Sold by
Keystone Construction Inc
Bought by
Brooks Joseph S and Brooks Haley E
Seller's Agent
Don Brooks
McKimmey Associates, Realtors - 50 Pine
Buyer's Agent
Don Brooks
McKimmey Associates, Realtors - 50 Pine
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$209,715
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Oct 4, 1982
Bought by
Plat Plat B and Plat 131
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Small Micah $294,000 Capital Title & Escrow
Brooks Joseph S $205,000 United Abstract And Title Co
Plat Plat B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Small Micah $284,187
Previous Owner Brooks Joseph S $209,715
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2024 04/04/24 Sold $294,000 0.0% $160 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
12/23/2023 12/23/23 For Sale $294,000 +43.4% $160 / Sq Ft
08/04/2020 08/04/20 Sold $205,000 -6.8% $118 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $220,000 -- $126 / 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 $1,653 $37,590 $5,000 $32,590
2024 $1,653 $37,590 $5,000 $32,590
2023 $1,653 $32,480 $2,500 $29,980
2022 $1,653 $32,480 $2,500 $29,980
2021 $1,653 $32,480 $2,500 $29,980
2020 $127 $2,500 $2,500 $0
2019 $127 $2,500 $2,500 $0
2018 $62 $1,250 $1,250 $0
2017 $57 $1,250 $1,250 $0
2016 $62 $1,250 $1,250 $0
2015 $62 $1,250 $1,250 $0
2014 $62 $1,250 $1,250 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23040725

Cooperative Arkansas REALTORS® MLS

APN: 722-90125-000