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18 Fairway Drive

18 Fairway Drive, Cabot, AR 72023
Property in Lonoke
Sold Nov 10, 2021
$315,000
$283,500 by Bank Of England
Mortgage Due Dec 01, 2051
Sold Jun 02, 2015
$189,750
$186,312 by First Arkansas Bank & Trust
Mortgage Due Jun 01, 2045
18 Fairway Drive in Cabot, AR was first built in 1987 and is 37 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 18 Fairway Drive has 2,332 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 29,670 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of shingle (not wood). For those who need parking, there is a mixed used garage. The garage is 836 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of wood. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 18 Fairway Drive sold most recently in Nov 5, 2021 for a total of $315,000. If you work out the math, that's approximately a cost of $135.08 per sqft. Before that, the property was also sold for $189,750 in May 27, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,632 in taxes each year. 18 Fairway Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $40,420. If we break it down further, the land itself was valued at $4,800. Improvements to the property, however, were assessed at a total of $35,620. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Masonite Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 836
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,670
  • Total Building Area: 2,332
  • Building Area: 2,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE OAKS
  • Land Acres: 0.681
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HOBSON MARK E
  • Previous Owner : BORES KURTIS JAMES
  • Previous Owner 2: BORES ASHLEIGH H
  • Owner Before Previous Owner: HALL KEITH
  • Owner Before Previous Owner 2: HALL CAMELLIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cabot Public Schools
  • School Tax School District: CABOT
  • School Tax District Code 2: CABOT
  • Census Tract: 020108

Geography

  • Parcel: 721-92009-000
  • Lot: 9
  • Meridian: SEC 32 TWN 04N RNG 09W
  • Municipality: CABOT
  • Latitude: 34.9346
  • Longitude: -91.9871

    Address

  • Full Address: 18 Fairway Dr
  • Address - House Number: 18
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Cabot
  • Carrier Code: R010
  • 4-Digit Zip Code: 9574
  • Zip Code: 72023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,632
  • Tax Rate Code Area: 4 CB

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 331,573
  • High Value: 391,483
  • Low Value: 271,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,500
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Loan Amount: $283,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $202,100
  • Market Land Value: $24,000
  • Market Improvement Value: $178,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,420
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $35,620

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Transaction ID: 11869077400
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-15163
  • Previous Sale Recording Date: Jun 02, 2015
  • Previous Sale Contract Date: May 27, 2015
  • Previous Sale Amount: $189,750
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Nov 10, 2021
  • First Mortgage Loan Amount: $283,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST ARKANSAS BANK & TRUST
  • Previous Mortgage Transaction Date: Jun 02, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $186,312
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Cabot



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Frequently Asked Questions

What neighborhood is 18 Fairway Drive located in?
The 18 Fairway Drive is a located in the neighborhood of Lonoke in Cabot, Cabot.
What is the average sales price for listings in 18 Fairway Drive?
The average sales price for units in 18 Fairway Drive is $0 currently.

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