NOT LISTED FOR SALE

502 Lassiter Ln Cabot, AR 72023

Estimated Value: $166,000 - $249,000

3 Beds
2 Baths
1,616 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $100,000 $62 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,253/month

17 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Southside Elementary School Rated A-
  • Corner Lot
  • Paneling

About This Home

As of May 2018

Beautiful corner lot that is almost 3 acres in desirable neighborhood! Talk about convenient location--this is close to everything you need but the large lot provides privacy in the city which is rare! Investors or someone wanting a renovation project--Fix this house up and make it your own or make some $! Sold AS IS. No disclosure. Agents see confidential remarks.

Last Agent to Sell the Property

Cindi Blackwood

Exp Realty Listed on: 04/06/2018

Exp Realty

Last Buyer's Agent

Tonya Perkins

PorchLight Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1980

Lot Details

  • 2.8 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 1,616 Sq Ft Home
  • Paneling
  • Sheet Rock Walls or Ceilings
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Family Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage
  • Shop

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$854

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Deck, Partially Fenced, Outside Storage Area, Shop, Chain Link
  • Inside City Limits: Yes
  • LVT Date: 04/06/2018
  • Road Surface: Paved
  • Street Designation: Lane
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen
  • Fireplace: Woodburning-Site-Built, Insert Unit
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1616
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric
  • Kitchen Equip: Built-In Stove, Electric Range, Dishwasher
  • Other Rooms: Den/Family Room
  • Stories: One Story
  • Walls Ceilings: Paneling, Sheet Rock

Exterior Features

  • Exterior: Brick, Composition
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heat Air: Central Heat-Unspecified, Central Cool -Unspecified

Lot Info

  • Estimated Lot Size: 2.8
  • Lot: Level, Corner Lot, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 854.13
  • Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 17, 2018
Sold by
Stjohn Lt
Bought by
White Megan and White Homer
Seller's Agent
Cindi Blackwood
Exp Realty
Buyer's Agent
Tonya Perkins
PorchLight Realty
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Current Estimated Value
$229,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,909
Avg. Annual Appreciation
10.76%
Original Mortgage
$152,150
Outstanding Balance
$130,158
Interest Rate
4.4%
Mortgage Type
Construction
Estimated Equity
$88,662

Purchase Details

Closed on
Nov 5, 2001

Purchase Details

Closed on
Dec 13, 1999
Bought by
Corr 1999 and Corr 12557

Purchase Details

Closed on
Dec 6, 1999
Bought by
Smith Living Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
White Megan $100,000 Arkansas Title
-- -- --
Corr 1999 -- --
Smith Living Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Megan $152,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2018 05/17/18 Sold $100,000 -9.1% $62 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $110,000 -- $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 $758 $25,240 $4,200 $21,040
2024 $758 $25,240 $4,200 $21,040
2023 $758 $25,240 $4,200 $21,040
2022 $757 $25,240 $4,200 $21,040
2021 $706 $25,240 $4,200 $21,040
2020 $654 $20,220 $4,200 $16,020
2019 $654 $20,220 $4,200 $16,020
2018 $547 $20,220 $4,200 $16,020
2017 $794 $20,220 $4,200 $16,020
2016 $504 $20,220 $4,200 $16,020
2015 $504 $22,150 $4,200 $17,950
2014 $504 $22,150 $4,200 $17,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18010541

Cooperative Arkansas REALTORS® MLS

APN: 720-55019-000