NOT LISTED FOR SALE

55 Lakeland Dr Cabot, AR 72023

Estimated Value: $268,647 - $303,000

3 Beds
2 Baths
1,823 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $207,000 $114 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,641/month

Highlights

  • Sitting Area In Primary Bedroom
  • Traditional Architecture
  • Corner Lot
  • Magness Creek Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of April 2021

Fantastic Home located in the ever popular Magness Creek! This 3-bed, 2-bath, Approx 1,823+ sq ft home. This home boasts an enormous Master Bedroom & Bath on a split floor plan. The centrally located kitchen and living room is very open with soaring ceilings in the living room. The kitchen lays out ample counter tops & cabinets for plenty of space. Enjoy the nice backyard and portable outbuilding with a fenced backyard. Do not miss out!

Last Agent to Sell the Property

Joshua Cole

Venture Realty Group - Cabot Listed on: 03/11/2021

Last Buyer's Agent

Lindsey Brannon

Crye-Leike REALTORS NLR Branch

Crye-Leike REALTORS NLR Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 2007

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Corner Lot
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,823 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Patio

Utilities

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

Community Details

  • On-Site Maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,894

Year Built

Built in 2007

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Restrictions: Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Fully Fenced, Guttering
  • Inside City Limits: Yes
  • LVT Date: 03/11/2021
  • Price Per Sq Ft: 113.55
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Gas Logs Present
  • Bedrooms: Primary Bedroom Apart, Primary Bed. Sitting Area, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1823
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Surface Range, Dishwasher, Disposal
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Condo Association Fee: Grounds
  • Condo Association Fee: 120
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 0.34
  • Estimated Lot Size: .32
  • Lot: Level, Corner Lot
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1893.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 16, 2021
Sold by
Jenkins Jesse L and Jenkins Sadie
Bought by
Mahmoud Zakaria Bassam and Mahmoud Heather Loren
Seller's Agent
Joshua Cole
Venture Realty Group - Cabot
Buyer's Agent
Lindsey Brannon
Crye-Leike REALTORS NLR Branch
List Price
$205,000
Sold Price
$207,000
Premium/Discount to List
$2,000
0.98%
Current Estimated Value
$283,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,912
Avg. Annual Appreciation
7.41%
Original Mortgage
$199,894
Outstanding Balance
$181,013
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$102,899

Purchase Details

Closed on
Mar 14, 2018
Sold by
Stike Brandon M
Bought by
Jenkins Jesse L and Jenkins Sadie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Closed on
Dec 3, 2008
Sold by
Ben Utley Construction Inc
Bought by
Stike Brandon M and Stike Amanda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,827
Interest Rate
5.99%
Mortgage Type
VA

Purchase Details

Closed on
Nov 24, 2008
Sold by
Ben Utley Construction Inc
Bought by
Stike Brandon M and Stike Amanda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,827
Interest Rate
5.99%
Mortgage Type
VA

Purchase Details

Closed on
Feb 2, 2004
Bought by
Plat Pc I and Plat 717
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Mahmoud Zakaria Bassam $207,000 Liberty Title & Escrow
Mahmoud Zakaria Bassam $207,000 Liberty Title & Escrow
Jenkins Jesse L $182,000 --
Stike Brandon M -- --
Stike Brandon M -- --
Plat Pc I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmoud Zakaria Bassam $199,894
Closed Mahmoud Zakaria Bassam $199,894
Previous Owner Jenkins Jesse L $177,008
Previous Owner Jenkins Jesse L $182,000
Previous Owner Stike Brandon M $168,300
Previous Owner Stike Brandon M $188,744
Previous Owner Stike Brandon M $181,827
Previous Owner Stike Brandon M $181,827
Previous Owner Ben Utley Construction Inc $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $207,000 +1.0% $114 / Sq Ft
03/11/2021 03/11/21 For Sale $205,000 -- $112 / 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
2024 $1,431 $36,470 $5,000 $31,470
2023 $1,431 $36,470 $5,000 $31,470
2022 $1,481 $36,470 $5,000 $31,470
2021 $1,481 $36,470 $5,000 $31,470
2020 $1,840 $36,140 $5,000 $31,140
2019 $1,840 $36,140 $5,000 $31,140
2018 $1,785 $36,140 $5,000 $31,140
2017 $1,659 $36,140 $5,000 $31,140
2016 $1,435 $36,140 $5,000 $31,140
2015 $1,360 $34,620 $5,000 $29,620
2014 $1,360 $34,620 $5,000 $29,620
Source: Public Records

Agents Affiliated with this Home

  • Joshua Cole

    Seller's Agent in 2021

    Joshua Cole

    Venture Realty Group - Cabot

    (870) 307-8785

    301 Total Sales

    Joshua Cole
    Section Image
  • Lindsey Brannon

    Buyer's Agent in 2021

    Lindsey Brannon

    Crye-Leike

    (501) 551-9985

    182 Total Sales

    Lindsey Brannon
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21006892

Cooperative Arkansas REALTORS® MLS

APN: 721-37679-000

Arkansas Lonoke County Cabot 72023

55 Lakeland Dr, Cabot, AR

This home is located at 55 Lakeland Dr, Cabot, AR 72023 since 11 March 2021 and is currently estimated at $283,912, approximately $155 per square foot. This property was built in 2007. 55 Lakeland Dr is a home located in Lonoke County with nearby schools including Magness Creek 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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