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23 Red Oak Drive

23 Red Oak Drive, Cabot, AR 72023
Property in Lonoke
Sold May 13, 2021
$153,500
$75,000 by Quicken Loans Llc
Mortgage Due May 01, 2051
Sold Nov 12, 1992
$76,000
Local assessors in Cabot, AR have categorized 23 Red Oak Drive as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 12,476 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 23 Red Oak Drive has a total of 1,423 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 616 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 23 Red Oak Drive sold most recently in Apr 20, 2021 for a total of $153,500. If you work out the math, that's approximately a cost of $107.87 per sqft. Before that, the property was also sold for $76,000 in Nov 12, 1992. 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 $1,132 in taxes each year. 23 Red Oak Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,230. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $19,230. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • 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: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,476
  • Total Building Area: 1,423
  • Building Area: 1,423
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,423
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY WOOD SUB UNIT III
  • Land Acres: 0.286
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ORR BRIAN P
  • Previous Owner : ELSASSER ALANA BOYD
  • 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: 020205

Geography

  • Parcel: 720-60264-000
  • Lot: 64
  • Meridian: SEC 19 TWN 04N RNG 09W
  • Municipality: CABOT
  • Latitude: 34.9585
  • Longitude: -92.0018

    Address

  • Full Address: 23 Red Oak Dr
  • Address - House Number: 23
  • Address - Street Name: Red Oak
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Cabot
  • Carrier Code: C005
  • 4-Digit Zip Code: 3938
  • Zip Code: 72023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,132
  • Tax Rate Code Area: 4 CB

    Appraisal Valuation

  • Standard Deviation: 0.127
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 74
  • Final Value: 177,023
  • High Value: 199,518
  • Low Value: 154,527

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Loan Amount: $75,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $111,150
  • Market Land Value: $15,000
  • Market Improvement Value: $96,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,230
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $19,230

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Transaction ID: 11835661255
  • Current Sale Price: $153,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-06315
  • Previous Sale Recording Date: Nov 12, 1992
  • Previous Sale Contract Date: Nov 12, 1992
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: May 13, 2021
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 23 Red Oak Drive located in?
The 23 Red Oak Drive is a located in the neighborhood of Lonoke in Cabot, Cabot.
What is the average sales price for listings in 23 Red Oak Drive?
The average sales price for units in 23 Red Oak Drive is $0 currently.

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