NOT LISTED FOR SALE

41 Magness Creek Dr Cabot, AR 72023

Estimated Value: $278,000 - $298,000

4 Beds
2 Baths
1,882 Sq Ft
$151/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $180,000 $96 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,610/month

125 Days on Market

Highlights

  • Boat Dock
  • RV Access or Parking
  • Traditional Architecture
  • Magness Creek Elementary School Rated A-
  • Lake View
  • Great Room

About This Home

As of February 2020

Beautiful, well-maintained home in desirable Magness Creek Subdivision. Walk to elementary school, playgrounds, tennis courts, picnic areas and public fishing docks! All new kitchen with silestone counters, tumbled stone backsplash, and NEW Fridge stays. New paint throughout, including trim and doors. Extra large utility room. Large backyard has covered porch, and shed. Alarm system. Lots of storage. 4th Bedroom has built-ins: Great for an office. New garage door. RV parking. AC and handler 4 years old.

Last Agent to Sell the Property

Christina Sindle

PorchLight Realty Listed on: 10/26/2019

Last Buyer's Agent

Melissa Moseley

PorchLight Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 2001

Lot Details

  • Wood Fence
  • Landscaped
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,882 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Lake Views
  • Attic Floors

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Schools

  • Magness Creek Elementary School
  • Cabot North Middle School
  • Cabot High School

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Electric
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Bike Trail

Additional Features

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,378

Year Built

Built in 2001

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Restrictions: Bill Of Assurance, Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Fully Fenced, Outside Storage Area, Guttering, Rv Parking, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 10/26/2019
  • Price Per Sq Ft: 95.64
  • Road Surface: Paved
  • Street Designation: Drive
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: 3rd Party Home Warranty
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Fireplace: Gas Starter, Gas Logs Present
  • Bedrooms: 4 Bedrooms Same Level, Guest Bedroom Apart
  • Estimated Sq Ft: 1882
  • Bedrooms: 4
  • Floors: Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Security System, Window Treatments, Floored Attic, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Great Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Tray Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle
  • Waterfront: Dock Community

Garage/Parking

  • Parking: Garage, Parking Pads, Two Car, Auto Door Opener

Utilities

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

Condo/Co-op/Association

  • Amenities: Tennis Court(s), Playground, Picnic Area, Fitness/Bike Trail
  • Condo Association Fee: 120
  • Frequency: Annual

Schools

  • Elementary School: Magness Creek
  • Middle School: Cabot North
  • High School: Cabot
  • Junior High: Cabot North

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Lot Info

  • Lot: Level, Extra Landscaping, In Subdivision, Lake View
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1378.01

MLS Schools

  • Elementary School: Magness Creek
  • HighSchool: Cabot
  • Middle School: Cabot North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2019
Closed on
Feb 28, 2020
Sold by
Fredrick Samuel A and Fredrick Wanida
Bought by
Adams Mark L and Adams Krystal R
Seller's Agent
Christina Sindle
PorchLight Realty
Buyer's Agent
Melissa Moseley
PorchLight Realty
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Current Estimated Value
$283,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,417
Avg. Annual Appreciation
8.34%
Original Mortgage
$181,818
Outstanding Balance
$160,987
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$122,430

Purchase Details

Closed on
Jun 15, 2009
Sold by
Sims Jenny L and Sims Edward
Bought by
Fredrick Samuel A and Fredrick Wanida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,836
Interest Rate
4.83%
Mortgage Type
VA

Purchase Details

Closed on
Sep 18, 2002
Bought by
Sims and Sims Hsb

Purchase Details

Closed on
Mar 5, 2001
Bought by
Carlsrud

Purchase Details

Closed on
Sep 14, 2000
Bought by
Allgood Inv

Purchase Details

Closed on
May 18, 2000
Bought by
Amended Bill Of Assurance

Purchase Details

Closed on
Apr 20, 2000
Bought by
Amended Bill Of Assurance

Purchase Details

Closed on
Jan 5, 2000
Bought by
Amended Plat D and Amended 312

Purchase Details

Closed on
Nov 19, 1999
Bought by
Plat Plat D and Plat 302
Source: Public Records

Range of Values:

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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
Adams Mark L $180,000 Professional Land Ttl Co Of
Fredrick Samuel A -- United Abstract & Title Co
Sims -- --
Carlsrud $136,000 --
Carlsrud $136,000 --
Allgood Inv $14,000 --
Amended Bill Of Assurance -- --
Amended Bill Of Assurance -- --
Amended Plat D -- --
Plat Plat D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Mark L $181,818
Previous Owner Fredrick Samuel A $185,836
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $180,000 -2.7% $96 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
12/16/2019 12/16/19 Price Changed $185,000 -2.6% $98 / Sq Ft
10/26/2019 10/26/19 For Sale $190,000 0.0% $101 / Sq Ft
07/19/2016 07/19/16 Rented $1,300 0.0% --
07/19/2016 07/19/16 Under Contract -- -- --
06/20/2016 06/20/16 For Rent $1,300 0.0% --
04/22/2013 04/22/13 Rented $1,300 0.0% --
04/22/2013 04/22/13 Under Contract -- -- --
04/17/2013 04/17/13 For Rent $1,300 -- --
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 $1,365 $35,170 $4,000 $31,170
2024 $1,365 $35,170 $4,000 $31,170
2023 $1,365 $35,170 $4,000 $31,170
2022 $1,415 $35,170 $4,000 $31,170
2021 $1,415 $35,170 $4,000 $31,170
2020 $1,405 $34,980 $4,000 $30,980
2019 $1,405 $34,980 $4,000 $30,980
2018 $1,378 $34,980 $4,000 $30,980
2017 $1,570 $34,980 $4,000 $30,980
2016 $1,339 $34,980 $4,000 $30,980
2015 $1,259 $32,570 $4,000 $28,570
2014 $1,259 $32,570 $4,000 $28,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19034585

Cooperative Arkansas REALTORS® MLS

APN: 721-37018-000