NOT LISTED FOR SALE

724 Spring Valley Rd Cabot, AR 72023

Estimated Value: $215,000 - $238,000

3 Beds
2 Baths
1,356 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $202,650 $149 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,308/month

2 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • In-Law or Guest Suite
  • Magness Creek Elementary School Rated A-
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of May 2022

Well kept updated three bedroom and two bath home in the Cabot school district. Also included is a 400 sq ft one bedroom one bath heated and cooled granny pod. Sits on two acres and has a nice pole barn metal shop as a bonus.

Last Agent to Sell the Property

Andrew Lawson

Arkansas Real Estate Solutions Listed on: 04/11/2022

Last Buyer's Agent

Zachery May

Edge Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 1988

Lot Details

  • 2 Acre Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Ranch Style House
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,356 Sq Ft Home
  • Wood Burning Stove

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,166

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Shop
  • LVT Date: 04/11/2022
  • Price Per Sq Ft: 149.45
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Stove
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1356
  • Bedrooms: 3
  • Floors: Luxury Vinyl, Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Kitchen Equip: Surface Range, Dishwasher
  • Other Rooms: In-Law Quarters
  • Stories: One Story

Exterior Features

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

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Septic, Water-Public
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 2
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Sep 30, 2019
Sold by
Baggett James J and Baggart Cassandra M
Bought by
Parker Michael and Parker Mara
Seller's Agent
Cindy Edgar
Crye-Leike REALTORS NLR Branch
Buyer's Agent
Laiken May
Edge Realty
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$227,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,333
Avg. Annual Appreciation
5.98%
Original Mortgage
$131,523
Outstanding Balance
$115,221
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$112,012

Purchase Details

Closed on
Dec 7, 2011
Sold by
Caldwell Greg A and Caldwell Karen
Bought by
Baggett James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,761
Interest Rate
4.03%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Caldwell Greg A and Caldwell Karen
Bought by
Baggett James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,761
Interest Rate
4.03%

Purchase Details

Closed on
Nov 9, 1988
Bought by
Caldwell and Wife Karen

Purchase Details

Closed on
Jul 5, 1988
Bought by
Kirkland Const
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parker Michael $159,900 Professionals Title
Baggett James -- Lenders Title Co
Baggett James -- Lenders Title Co
Caldwell $59,000 --
Caldwell $59,000 --
Kirkland Const $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Michael $131,523
Previous Owner Baggett James $134,761
Previous Owner Baggett James $134,761
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2022 05/20/22 Sold $202,650 +1.4% $149 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $199,900 +25.0% $147 / Sq Ft
09/30/2019 09/30/19 Sold $159,900 0.0% $118 / Sq Ft View Prior Sale
08/22/2019 08/22/19 For Sale $159,900 -- $118 / 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 $1,221 $23,990 $3,300 $20,690
2024 $1,221 $23,990 $3,300 $20,690
2023 $1,221 $0 $0 $0
2022 $846 $23,990 $3,300 $20,690
2021 $791 $23,990 $3,300 $20,690
2020 $736 $21,820 $3,300 $18,520
2019 $736 $21,820 $3,300 $18,520
2018 $728 $21,820 $3,300 $18,520
2017 $961 $21,820 $3,300 $18,520
2016 $684 $21,820 $3,300 $18,520
2015 $633 $19,900 $3,300 $16,600
2014 $633 $19,900 $3,300 $16,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22011461

Cooperative Arkansas REALTORS® MLS

APN: 723-16022-000