NOT LISTED FOR SALE

505 Memory Ln Cabot, AR 72023

Estimated Value: $143,000

2 Beds
2.5 Baths
2,342 Sq Ft
$61/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $520,000 $222 Per Sq Ft

Current estimated payment $880/month

31 Days on Market

Highlights

  • Golf Course Community
  • Safe Room
  • Sitting Area In Primary Bedroom
  • Magness Creek Elementary School Rated A-
  • RV Access or Parking
  • Vaulted Ceiling

About This Home

As of October 2023

Luxurious Resort-Style Retreat - Stunning custom-built home combines meticulous attention to detail and energy efficiency. Nestled on 7 sprawling acres, the wrap around front porch features cypress wood and rock with a view of the beautifully manicured lawn, lush landscaping, and mature trees. Relax or entertain on the covered and uncovered patios featuring a gas fire pit and charming cook shack. You will have privacy and space for all your outdoor desires in a serene atmosphere. The geothermal unit, additional insulation, and enclosed crawl space ensure that this home is energy-efficient year-round, keeping you comfortable while reducing your environmental footprint. A gourmet kitchen with granite counter tops, and a spacious island featuring a custom cutting block, perfect for culinary enthusiasts. Open-concept living spaces with soaring ceilings, impeccable finishes, and abundant natural light. Enjoy the convenience of 2 primary bedrooms, each with its own ensuite bathroom and walk-in closet. Perfect for multi-generational living or hosting guests in style. 10'x10' closet doubles as a tornado safe room. Shop 30' x 50' and has electricity. This home is a true oasis! See remarks.

Last Agent to Sell the Property

Sara Lynn

IRealty Arkansas - Sherwood Listed on: 09/03/2023

Last Buyer's Agent

Jacob Hall

Michele Phillips & Co. Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 5.84 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Brick Frame
  • Spray Foam Insulation
  • Architectural Shingle Roof
  • Ridge Vents on the Roof
  • Wood Siding

Interior Spaces

  • 2,342 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Family Room
  • Separate Formal Living Room
  • Open Floorplan
  • Safe Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Sealed Crawl Space
  • Crawl Space

Parking

  • 4 Car Garage
  • Carport
  • Parking Pad
  • Side or Rear Entrance to Parking
  • RV Access or Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage
  • Shop

Utilities

  • Dehumidifier
  • Geothermal Heating and Cooling
  • Propane
  • Gas Water Heater
  • Septic System

Community Details

Overview

  • Built by Danny Schmidt

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

5.84 Acres

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Outside Storage Area, Guttering, Lawn Sprinkler, Shop, Rv Parking, Covered Patio
  • LVT Date: 09/03/2023
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo, Living/Dining Combo, Breakfast Bar, Kitchen/Den
  • Fireplace: Outdoor Fireplace
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Primary Bedroom Apart, Guest Bedroom Apart, Primary Bed. Sitting Area, 2 Bedrooms Same Level
  • Estimated Sq Ft: 2342
  • Bedrooms: 2
  • Floors: Wood, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Whirlpool/Hot Tub/Spa, Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar, Kit Counter- Granite Slab
  • Kitchen Equip: Built-In Stove, Microwave, Gas Range, Dishwasher, Disposal, Pantry, Ice MacHine
  • Other Rooms: Formal Living Room, Great Room, Den/Family Room, Laundry, Safe/Storm Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Vault Ceiling

Exterior Features

  • Homebuilder: Danny Schmidt
  • Exterior: Brick & Frame Combo, Cypress, Wood
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Carport, Parking Pads, Two Car, Four Car Or More, Rear Entry

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Propane/Butane
  • Heat Air: Dehumidifier, Geothermal

Condo/Co-op/Association

  • Amenities: Golf Course

Lot Info

  • Estimated Lot Size: 5.84
  • Lot: Level, Cul-De-Sac, Cleared, Extra Landscaping, Not In Subdivision

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Extra Insulation, Ridge Vents/Caps
  • Green Features: Low-E Windows, Sealed Crwl Space W/Dehum, Spray Foam Insulation

Tax Info

  • Annual Taxes: 45
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2001
Bought by
Walters and Walters Wf
Current Estimated Value
$143,000
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Walters $190,000 --
Walters $190,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $520,000 0.0% $222 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/03/2023 09/03/23 For Sale $520,000 -- $222 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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
2023 $1 $30 $30 $0
2022 $0 $30 $30 $0
2021 $2 $30 $30 $0
2020 $2 $40 $40 $0
2019 $2 $40 $40 $0
2018 $2 $40 $40 $0
2017 $2 $40 $40 $0
2016 $2 $40 $40 $0
2015 $3 $50 $50 $0
2014 $3 $50 $50 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23027749

Cooperative Arkansas REALTORS® MLS

APN: 001-12852-001

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