NOT LISTED FOR SALE

511 Bailey Ave Cabot, AR 72023

Estimated Value: $91,000 - $160,000

3 Beds
2 Baths
1,332 Sq Ft
$91/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2016

Last sale price $43,000 $32 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $720 / mo

40 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Bonus Room
  • Cabot Middle School South Rated A-
  • Wood Flooring
  • Porch

About This Home

As of May 2016

Located close to downtown in older est. area. Lg backyard w/ spacious covered deck. 2-car garage also has shop area. Seller does not pay customary closing cost: including Title Policy, escrow fees, survey, or transfer fees. Proof of funds required on cash transactions, Lender Pre-Approval letter for financed offers (dated within last 30 days). Seller is Secretary of Veterans Affairs. See agent remarks for submitting offer. “Property was built prior to 1978 and lead-based paint potentially exists”.

Last Agent to Sell the Property

Mark Lercher

RE/MAX Advantage Listed on: 03/10/2016

RE/MAX Advantage

Last Buyer's Agent

Rhonda Gibson

Arkansas Homes & Land

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $597

Year Built

  • Built in 1965

Lot Details

  • 15,246 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage
  • Shop
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$597

Year Built

Built in 1965

Lot Details

0.35 Acres

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Porch, Partially Fenced, Outside Storage Area, Shop, Chain Link
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • LVT Date: 03/10/2016
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1965
  • Special Features: 1028
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1332
  • Bedrooms: 3
  • Floors: Carpet, Wood, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Ceiling Fan(s)
  • Kitchen Equip: Gas Range, Dishwasher
  • Other Rooms: Bonus Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Heat-Unspecified, Central Cool -Unspecified

Lot Info

  • Estimated Lot Size: 0.35
  • Estimated Lot Size: .35
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 596.75

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
May 20, 2016
Sold by
Bought by
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Rhonda Gibson
Arkansas Homes & Land
List Price
$49,000
Sold Price
$43,000
Premium/Discount to List
-$6,000
-12.24%
Current Estimated Value
$121,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,786
Avg. Annual Appreciation
10.89%
Original Mortgage
$46,300
Outstanding Balance
$36,858
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$84,928

Purchase Details

Closed on
Feb 1, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 21, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 2, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,742
Interest Rate
6.11%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,742
Interest Rate
6.11%
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$43,000 Lenders Title Company
-- Attorney
$68,040 Attorney
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $46,300
Previous Owner $73,742
Previous Owner $73,742
Closed $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $43,000 -12.2% $32 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $49,000 -- $37 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $786 $15,450 $1,060 $14,390
2024 $786 $15,450 $1,060 $14,390
2023 $786 $15,450 $1,060 $14,390
2022 $786 $15,450 $1,060 $14,390
2021 $779 $15,450 $1,060 $14,390
2020 $708 $13,910 $1,060 $12,850
2019 $708 $13,910 $1,060 $12,850
2018 $687 $13,910 $1,060 $12,850
2017 $687 $0 $0 $0
2016 $247 $13,910 $1,060 $12,850
2015 $247 $13,370 $1,070 $12,300
2014 $247 $13,370 $1,070 $12,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16007020

Cooperative Arkansas REALTORS® MLS

APN: 720-10401-000

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