NOT LISTED FOR SALE

428 W Locust St Unit 430 W. Locust Cabot, AR 72023

-- Bed
-- Bath
9,278 Sq Ft
1.35 Acres

Last Sold December 14, 2018

Last sale price $380,000 $41 Per Sq Ft

50 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Tile Flooring
  • Cabot Junior High North Rated A-
  • Patio
  • 1-Story Property

About This Home

As of December 2018

Income property centrally located in the heart of Cabot, 100% Occupied! Uniquely positioned within walking distance of Elementary, Middle School North, Freshman Academy, and Cabot High School. This 8 Unit Apartment building features fenced courtyard, private patios and assigned mini-storage units per apartment. Property also includes cute 3 bedroom, 2 bath home w/1,736 sf. Additional land provides opportunity to construct 6-12 additional units however land must be zoned.

Last Agent to Sell the Property

Ted Arnett

Arnett Realty & Investments Listed on: 07/24/2018

Last Buyer's Agent

Jay Calhoun

Signature Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1992

Lot Details

  • 1.35 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Built-Up Roof
  • Metal Siding
  • Stucco Exterior

Interior Spaces

  • 9,278 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Sheet Rock Walls or Ceilings
  • Crawl Space
  • Washer Hookup

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Parking

  • Carport
  • Parking Pad

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 9 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,154

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 08/13/2018
  • Price Per Sq Ft: 40.96
  • Road Surface: Paved
  • Type: Apartments
  • Zoning: Unknown
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1992

Interior Features

  • Floors: Partial Carpet, Tile
  • Foundation: Crawl Space, Slab
  • Stories: One Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Fireplace - Gas Start
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Gas Range, Electric Range, Dishwasher, Disposal, Refrigerator-Stays

Exterior Features

  • Exterior: Stucco, Metal/Vinyl Siding
  • Roof: Built-Up, Composition
  • Exterior Features: Partially Fenced, Storage Building, Patio, Wood Fence

Garage/Parking

  • Garage/Parking: Carport, Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 1.35
  • Estimated Lot Size: 1.35
  • Lot: Level, Corner Lot
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Yearly

Multi Family

  • Annual Expenses: 18023
  • Tenant Expenses: Electric, Gas
  • Maximum Rent One Bedroom: 380
  • Maximum Rent Three Bedroom: 900
  • Maximum Rent Two Bedroom: 475
  • Minimum Rent One Bedroom: 380
  • Minimum Rent Three Bedroom: 550
  • Minimum Rent Two Bedroom: 450
  • Number Of One Bedroom Units: 2
  • Number Of Three Bedroom Units: 4
  • Number Of Two Bedroom Units: 3
  • Number Units: 9

Tax Info

  • Annual Taxes: 2154
  • Year: 2016

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $380,000 +0.3% $41 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $379,000 -- $41 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ted Arnett

    Seller's Agent in 2018

    Ted Arnett

    Arnett Realty & Investments

    (501) 843-1515

    115 Total Sales

    Ted Arnett
    Section Image
  • Jay Calhoun

    Buyer's Agent in 2018

    Jay Calhoun

    Signature Properties

    (501) 482-1756

    194 Total Sales

    Jay Calhoun
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18025939

Cooperative Arkansas REALTORS® MLS

APN: 721-00108-000

Arkansas Lonoke County Cabot 72023

428 W Locust St Unit 430 W. Locust, Cabot, AR

This home is located at 428 W Locust St Unit 430 W. Locust, Cabot, AR 72023 since 24 July 2018. This property was built in 1992. 428 W Locust St Unit 430 W. Locust is a home located in Lonoke County with nearby schools including Northside Elementary School, Cabot Junior High North, and Cabot Middle School North.

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.

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