$450,000
SOLD JUL 31, 2024

523 E Main St Cabot, AR 72023

-- Bed
-- Bath
6,322 Sq Ft
0.39 Acres

Recently Sold

$71 Per Sq Ft

18% Below List Price

84 Days on Market

Highlights

  • Traditional Architecture
  • Luxury Vinyl Tile Flooring
  • Partially Fenced Property
  • Cabot Middle School South Rated A-
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of July 2024

Newly updated 8 unit apartment complex, featuring all 2 bedroom, 1 bath units. The exterior has been recently updated with new windows, doors, siding, parking area, and roof, providing a fresh and modern look to the building. While the exterior is in pristine condition, the interior of the units are in need of updates, allowing the new owner the opportunity to put their own personal touch on each unit. The seller is firm on the list price and will not entertain anything less. Additionally, the seller will not offer any concessions, making this a great investment opportunity for those looking to add value through interior updates. Buyers must show POF or Approval from Lender with all offers.

Last Agent to Sell the Property

Rhonda Gibson

Arkansas Homes & Land Listed on: 02/27/2024

Last Buyer's Agent

Tara Helgestad

Lotus Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,353

Year Built

  • Built in 1978

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 6,322 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Insulated Windows
  • Insulated Doors
  • Luxury Vinyl Tile Flooring
  • Stove

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Electric Water Heater

Community Details

  • 8 Units
  • Property managed by Owner Managed

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,353

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 02/27/2024
  • Price Per Sq Ft: 71.18
  • Road Surface: Paved
  • Type: Apartments
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: R2
  • Source Of Sq Ft: Tax Records
  • Property Manager: Owner Managed
  • Estimated Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Floors: Luxury Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Hot Water Heater-Electric
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Free-Standing Stove

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Composition
  • Exterior Features: Partially Fenced, Wood Fence

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.39
  • Estimated Lot Size: .39
  • Lot: Level
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Rental Info

  • Lease Type: Monthly

Multi Family

  • Annual Expenses: 5000
  • Tenant Expenses: All Utilities
  • Maximum Rent Two Bedroom: 650
  • Minimum Rent Two Bedroom: 575
  • Number Of One Bathroom Unitss: 8
  • Number Of Two Bedroom Units: 8
  • Number Units: 8

Tax Info

  • Annual Taxes: 2353

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $795 -6.5% $1 / Sq Ft
06/16/2025 06/16/25 Price Changed $850 -5.0% $1 / Sq Ft
05/29/2025 05/29/25 Price Changed $895 +12.6% $1 / Sq Ft
05/29/2025 05/29/25 For Rent $795 0.0% --
07/31/2024 07/31/24 Sold $450,000 0.0% $71 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $450,000 -18.2% $71 / Sq Ft
04/24/2024 04/24/24 For Sale $550,000 0.0% $87 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $550,000 0.0% $87 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $550,000 -- $87 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24006397

Cooperative Arkansas REALTORS® MLS