NOT LISTED FOR SALE

5725 Echols Rd Cabot, AR 72023

Estimated Value: $86,339 - $123,000

4.51 Acres
$23,799 Price per Acre
196,456 Sq Ft Lot

Last Sold June 04, 2019

Last sale price $23,000

Est. 367% increase in value since last sale

Current estimated payment $602/month

394 Days on Market

Highlights

  • Scenic Views
  • Hunting
  • Cul-De-Sac
  • Wooded Lot

About This Lot

As of June 2019

PRICE DROP! Home site cut-in & ready to build! 4.51 Acres off Hwy 107, just north of Hwy 89. Property offers complete privacy & beautiful views. Private drive & electricity already in place. Great location to build new home or cabin retreat. Mobile homes welcome. City water available on Echols. Arvest employees, directors, & their immediate family members are ineligible to purchase Arvest Bank owned properties. Hurry, this property won't last long!

Last Agent to Sell the Property

Robyn Arnett

Arnett Realty & Investments Listed on: 05/06/2018

Last Buyer's Agent

Michael Whitehead

Fathom Realty Central

Fathom Realty Central

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $353

Lot Details

  • 4.51 Acre Lot
  • Property fronts a county road
  • Cul-De-Sac
  • Rural Setting
  • Sloped Lot
  • Wooded Lot

Additional Features

  • Scenic Vista Views
  • Outside City Limits

Community Details

  • Hunting

Listing and Financial Details

  • Foreclosure

Property Details

Property Type

Land

Est. Annual Taxes

$353

Lot Details

0

Listing Details

  • Restrictions: Mobiles Allowed
  • Class: Vacant Land
  • Foreclosure REO: Yes
  • LVT Date: 05/09/2018
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Acreage
  • Sold Price Per Acre: 5099.78
  • Special Features: 1028
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Water-Public, Elec-Municipal (+Entergy)

Lot Info

  • Estimated Lot Size: 4.51
  • Estimated Lot Size: 4.51
  • Lot: Sloped, Cul-De-Sac, Rural Property, Wooded, Not In Subdivision, Out Of City, Vista View, Hunting/Recreation
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 352.74
  • Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
Commissioner Of State Lands
Bought by
Sporer Greg
Current Estimated Value
$107,335

Purchase Details

Listed on
May 6, 2018
Closed on
Jun 3, 2019
Sold by
Arvest Bank
Bought by
Sporer Greg
Seller's Agent
Robyn Arnett
Arnett Realty & Investments
Buyer's Agent
Michael Whitehead
Fathom Realty Central
List Price
$35,000
Sold Price
$23,000
Premium/Discount to List
-$12,000
-34.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.33%

Purchase Details

Closed on
Apr 13, 2018
Sold by
Herndon John E
Bought by
Arvest Bank

Purchase Details

Closed on
Mar 18, 2010
Sold by
Echols Investments Llc and Echols Joel
Bought by
Herndon John E and Herndon Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage
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
Sporer Greg $877 --
Sporer Greg $23,000 Waco Title
Arvest Bank $28,186 None Available
Herndon John E $40,000 Grand Prairie Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herndon John E $29,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/04/2019 06/04/19 Sold $23,000 -7.6% --
04/08/2019 04/08/19 Price Changed $24,900 -14.1% --
11/30/2018 11/30/18 Price Changed $29,000 -17.1% --
05/06/2018 05/06/18 For Sale $35,000 -- --
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 $493 $11,106 $10,822 $284
2024 $368 $11,106 $10,822 $284
2023 $368 $11,106 $10,822 $284
2022 $429 $11,106 $10,822 $284
2021 $394 $6,040 $6,040 $0
2020 $394 $6,040 $6,040 $0
2019 $394 $6,040 $6,040 $0
2018 $394 $6,040 $6,040 $0
2017 $0 $6,040 $6,040 $0
2016 $410 $6,310 $6,310 $0
2015 $377 $6,310 $6,310 $0
2014 $377 $7,420 $6,310 $1,110
Source: Public Records

Agents Affiliated with this Home

  • Robyn Arnett

    Seller's Agent in 2019

    Robyn Arnett

    Arnett Realty & Investments

    (501) 837-0142

    28 Total Sales

    Robyn Arnett
    Section Image

  • M

    Buyer's Agent in 2019

    Michael Whitehead

    Fathom Realty Central

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18014501

Cooperative Arkansas REALTORS® MLS

APN: 21R-014-00-026-20

Arkansas Pulaski County Cabot 72023

5725 Echols Rd, Cabot, AR

Not Listed for Sale

Lots

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