NOT LISTED FOR SALE

38 Lakeland Dr Cabot, AR 72023

Estimated Value: $340,000 - $362,000

4 Beds
2 Baths
2,350 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $233,000 $99 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,987/month

37 Days on Market

Highlights

  • Dock Available
  • Lake View
  • Traditional Architecture
  • Magness Creek Elementary School Rated A-
  • River Nearby
  • Whirlpool Bathtub

About This Home

As of May 2020

Don't miss this brick home on the lake, clean and move-in ready. 4 BR or 3BR w/upstairs 23x12 4th BR or game room. Master BR separate w/custom walk-in shower, whirlpool, his & her sinks, large walk-in closet. Eat-in kitchen with view of lake & breakfast bar, stainless steel appliances & new stove. Front BR has 2 arched windows. Oversized side load garage. 4 Houses from foot bridge to Elementary school. New roof in 2017.

Last Agent to Sell the Property

Candy McMahan

McKimmey Associates REALTORS NLR Listed on: 03/25/2020

Last Buyer's Agent

Jenny Tanner

CENTURY 21 Prestige Realty

CENTURY 21 Prestige Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 2005

Lot Details

  • Wood Fence
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,350 Sq Ft Home
  • 1.5-Story Property
  • Elevator
  • Built-in Bookshelves
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Game Room
  • Lake Views

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Attic

  • Attic Floors
  • Attic Ventilator

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking

Outdoor Features

  • River Nearby
  • Dock Available
  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

Overview

  • Other Mandatory Fees

Amenities

  • Picnic Area
  • Sauna

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,156

Year Built

Built in 2005

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Fully Fenced, Guttering, Tennis Court, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 03/26/2020
  • Road Surface: Paved
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Dining Room: Separate Dining Room, Eat-In Kitchen, Breakfast Bar
  • Fireplace: Gas Logs Present
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 2350
  • Bedrooms: 4
  • Floors: Carpet, Tile, Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Whirlpool/Hot Tub/Spa, Smoke Detector(s), Security System, Window Treatments, Floored Attic, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Elevator
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection
  • Other Rooms: Great Room, Game Room, Bonus Room, Laundry
  • Stories: 1.5 Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Architectural Shingle
  • Waterfront: Dock Available

Garage/Parking

  • Parking: Garage, Two Car, Side Entry

Utilities

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

Condo/Co-op/Association

  • Amenities: Sauna, Playground, Picnic Area, Mandatory Fee
  • Condo Association Fee: 120
  • Frequency: Annual

Green Features

  • Energy Features: Insulated Windows, Attic Vent-Turbo

Lot Info

  • Lot: Level, In Subdivision, River/Lake Area, Lake View
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 2156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
May 1, 2020
Sold by
Morecraft Robert A and Morecraft Mary Ann
Bought by
Arnold Craig and Arnold Diane
Seller's Agent
Candy McMahan
McKimmey Associates REALTORS NLR
Buyer's Agent
Jenny Tanner
CENTURY 21 Prestige Realty
List Price
$233,700
Sold Price
$233,000
Premium/Discount to List
-$700
-0.3%
Current Estimated Value
$349,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,298
Avg. Annual Appreciation
7.65%
Original Mortgage
$221,350
Outstanding Balance
$196,458
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$152,840

Purchase Details

Closed on
May 18, 2005
Bought by
Morecraft and Morecraft Wf

Purchase Details

Closed on
May 12, 2005
Bought by
Morecraft and Morecraft Wf

Purchase Details

Closed on
Sep 1, 2004
Bought by
Burden Homes

Purchase Details

Closed on
Aug 25, 2004
Bought by
Burden Homes

Purchase Details

Closed on
Feb 2, 2004
Bought by
Plat Pc I and Plat 717

Purchase Details

Closed on
Jan 28, 2004
Bought by
Plat Pc I and Plat 716
Source: Public Records

Range of Values:

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
Arnold Craig $233,000 Lenders Title Co
Morecraft $227,000 --
Morecraft $227,000 --
Burden Homes $148,000 --
Burden Homes $148,000 --
Plat Pc I -- --
Pc Pc I -- --
Plat Pc I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Craig $221,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/01/2020 05/01/20 Sold $233,000 -0.3% $99 / Sq Ft
03/25/2020 03/25/20 For Sale $233,700 -- $99 / 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 $1,788 $43,470 $8,200 $35,270
2024 $1,788 $43,470 $8,200 $35,270
2023 $1,788 $43,470 $8,200 $35,270
2022 $1,838 $43,470 $8,200 $35,270
2021 $1,838 $43,470 $8,200 $35,270
2020 $1,847 $43,660 $8,200 $35,460
2019 $1,847 $43,660 $8,200 $35,460
2018 $1,807 $43,660 $8,200 $35,460
2017 $2,004 $43,660 $8,200 $35,460
2016 $1,807 $43,660 $8,200 $35,460
2015 $2,089 $45,520 $8,200 $37,320
2014 $1,899 $45,520 $8,200 $37,320
Source: Public Records

Agents Affiliated with this Home

  • Candy McMahan

    Seller's Agent in 2020

    Candy McMahan

    McKimmey Associates REALTORS NLR

    (501) 351-5930

    46 Total Sales

    Candy McMahan
    Section Image

  • J

    Buyer's Agent in 2020

    Jenny Tanner

    CENTURY 21 Prestige Realty

    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20010066

Cooperative Arkansas REALTORS® MLS

APN: 721-37514-000

Arkansas Lonoke County Cabot 72023

38 Lakeland Dr, Cabot, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes