NOT LISTED FOR SALE

40 Timberwood Dr Cabot, AR 72023

Estimated Value: $159,040 - $182,000

3 Beds
2 Baths
1,178 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $72,000 $61 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $962/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Tile Flooring
  • Cabot Middle School North Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2018

Nice 3 Bedroom, 2 bath, needs TLC, Sold "as is - no repairs." Close to freeway and shopping. SEE AGENT REMARKS

Last Agent to Sell the Property

Jeff Rollins

McKimmey Associates REALTORS NLR Listed on: 07/26/2018

McKimmey Associates REALTORS NLR

Last Buyer's Agent

Kathy Fortner

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 2001

Lot Details

  • Wood Fence
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Combination Kitchen and Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Co-Op Electric
  • Electric Water Heater

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$918

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Wood Fence
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • LVT Date: 07/31/2018
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2001
  • Special Features: 1028
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: All Bedrooms Down
  • Estimated Sq Ft: 1178
  • Bedrooms: 3
  • Floors: Tile, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Water Heater-Electric
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump

Lot Info

  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2022
Sold by
Hinshaw Michael Eugene and Hinshaw Rachel
Bought by
Hinshaw Michael Eugene and Hinshaw Sarah
Current Estimated Value
$168,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$108,458
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$59,802

Purchase Details

Closed on
Oct 20, 2017
Sold by
Hendrickson Alanna and Rasmussen Alanna
Bought by
Regions Bank and Regions Mortgage

Purchase Details

Closed on
Mar 26, 2009
Sold by
Powell Kellie A and Powell Jeffery
Bought by
Rasmussen Daniel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,938
Interest Rate
5.16%

Purchase Details

Closed on
Dec 3, 2001
Bought by
Kellie Powell

Purchase Details

Closed on
Aug 30, 2001
Bought by
Steven Blackwood

Purchase Details

Closed on
Jun 10, 1999
Bought by
Plat Plat D and Plat 250

Purchase Details

Closed on
Jun 2, 1998
Bought by
Plat Plat D and Plat 174
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Hinshaw Michael Eugene $120,000 Cabot Title
Regions Bank -- None Available
Regions Bank -- None Available
Rasmussen Daniel O -- Central Arkansas Title Ltd
Kellie Powell $86,000 --
Kellie Powell $86,000 --
Steven Blackwood $15,000 --
Plat Plat D -- --
Plat Plat D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinshaw Michael Eugene $114,000
Previous Owner Rasmussen Daniel O $101,938
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $72,000 -9.9% $61 / Sq Ft
07/26/2018 07/26/18 For Sale $79,900 -- $68 / 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 $997 $19,580 $3,000 $16,580
2024 $997 $19,580 $3,000 $16,580
2023 $997 $19,580 $3,000 $16,580
2022 $997 $19,580 $3,000 $16,580
2021 $997 $19,580 $3,000 $16,580
2020 $947 $18,600 $3,000 $15,600
2019 $1,051 $18,600 $3,000 $15,600
2018 $919 $18,600 $3,000 $15,600
2017 $854 $18,600 $3,000 $15,600
2016 $919 $18,600 $3,000 $15,600
2015 $903 $18,270 $3,000 $15,270
2014 $903 $18,270 $3,000 $15,270
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeff Rollins

    McKimmey Associates REALTORS NLR

    (501) 772-0266

    31 Total Sales

    Jeff Rollins
    Section Image
  • Kathy Fortner

    Buyer's Agent in 2018

    Kathy Fortner

    Keller Williams Realty

    (501) 259-6776

    119 Total Sales

    Kathy Fortner
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18024452

Cooperative Arkansas REALTORS® MLS

APN: 723-18072-000

Arkansas Lonoke County Cabot 72023

40 Timberwood Dr, Cabot, AR

Not Listed for Sale

Detached

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