NOT LISTED FOR SALE

55 Lakeland Dr Cabot, AR 72023

Estimated Value: $273,476 - $296,000

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 $1,607/month

36 Days on Market

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
  • Sheet Rock Walls or Ceilings
  • 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 and Electric Dryer 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
  • 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
$284,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,619
Avg. Annual Appreciation
6.89%
Original Mortgage
$199,894
Outstanding Balance
$180,235
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$104,384

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:

--
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

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 $182,000
Previous Owner Stike Brandon M $181,827
Previous Owner Stike Brandon M $181,827
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $1,431 $36,470 $5,000 $31,470
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

    288 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

Not Listed for Sale

Detached

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