NOT LISTED FOR SALE

3909 Tates Mill Rd Cabot, AR 72023

Cabot Area

Estimated Value: $439,000

16 Beds
8 Baths
7,188 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: August 4, 2023

Last sale price $650,000 $90 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $2,707 / mo

186 Days on Market

Highlights

  • Multiple Garages
  • Wood Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • 1-Story Property
  • Ceiling Fan

About This Home

As of August 2023

Four sets of duplexes, eight total units that have been well maintained. All units received new roofs in 2022. All the units have either tile or laminate flooring. These are all electric units. This is a great opportunity to own investment property. 2 duplexes 4 units are 1584 sq ft. 2 duplexes 4 units are 2010 sq ft.

Last Agent to Sell the Property

Cindy Wells

Dalrymple Listed on: 01/30/2023

Last Buyer's Agent

Tara Helgestad

Lotus Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,180

Year Built

  • Built in 2015

Lot Details

  • 4 Acre Lot
  • Level Lot

Parking

  • Multiple Garages

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding
  • Marble or Granite Building Materials

Interior Spaces

  • 7,188 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System
  • Septic System

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,180

Year Built

Built in 2015

Lot Details

4 Acres

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • LVT Date: 01/30/2023
  • Road Surface: Gravel
  • Type: Duplex
  • Zoning: Multi
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2015

Interior Features

  • Floors: Tile, Wood
  • Foundation: Slab
  • Stories: One Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Smoke Detector, Fan - Ceiling, Marble
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Built-In Stove, Electric Range, Dishwasher, Refrigerator-Stays

Exterior Features

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

Garage/Parking

  • Garage/Parking: Four Car Or More

Utilities

  • Utilities: Septic, Water-Public
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 4
  • Estimated Lot Size: 4.0
  • Lot: Level, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Rental Info

  • Lease Type: Yearly

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent Two Bedroom: 750
  • Minimum Rent Two Bedroom: 650
  • Number Of Two Bedroom Units: 8
  • Number Units: 8

Tax Info

  • Annual Taxes: 6180
  • Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Aug 1, 2023
Sold by
Bought by
Seller's Agent
Cindy Wells
Dalrymple
Buyer's Agent
Tara Helgestad
Lotus Realty
List Price
$880,000
Sold Price
$650,000
Premium/Discount to List
-$230,000
-26.14%
Views
309
Current Estimated Value
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$211,000
Original Mortgage
$487,500
Interest Rate
0.0702%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
0.0666%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
0.0619%
Mortgage Type
Construction
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 Dalco Closing & Title
-- United Abstract & Title Co
$32,000 United Abstract & Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $487,500
Previous Owner $96,000
Previous Owner $86,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/04/2023 08/04/23 Sold $650,000 -16.7% $90 / Sq Ft
03/22/2023 03/22/23 Price Changed $780,000 -7.1% $109 / Sq Ft
02/14/2023 02/14/23 Price Changed $840,000 -4.5% $117 / Sq Ft
01/30/2023 01/30/23 For Sale $880,000 -- $122 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,547 $60,740 $4,272 $56,468
2024 $3,086 $60,740 $4,272 $56,468
2023 $3,086 $60,740 $4,272 $56,468
2022 $3,468 $60,740 $4,272 $56,468
2021 $3,143 $53,290 $4,770 $48,520
2020 $3,143 $53,290 $4,770 $48,520
2019 $3,143 $53,290 $4,770 $48,520
2018 $3,143 $53,290 $4,770 $48,520
2017 $3,143 $53,290 $4,770 $48,520
2016 $3,356 $56,930 $4,980 $51,950
2015 $225 $4,980 $4,980 $0
2014 $225 $4,980 $4,980 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23002994

Cooperative Arkansas REALTORS® MLS

APN: 21R-014-00-011-00

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