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307 Ray Street

307 Ray Street, Cabot, AR 72023
House in Lonoke
307 Ray Street in Cabot, AR was first built in 1994 and is 32 years old. This has been categorized as a property type. There are a total of 100 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 307 Ray Street has 1,258 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 8,737 square feet.

Learn more about the property and building on this page. There is a and a . The home has a style roof made of . For those who need parking, there is a . The garage is 280 sqft. There is one available parking space. 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 control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The exterior walls of the home are made of . 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 . As for heating, the home is utilizing . Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 307 Ray Street was last sold in Jun 2, 2023 for $170,000. According to our calculations, that's $135.14 per sqft. Prior to that sales transaction, the property was sold for $124,000 in Dec 10, 2020. Current property owners are expected to pay $51,156 in taxes per year. The property on 307 Ray Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,400. To break that down further, the land itself was valued at $2,400. While improvements to the property were assessed at a total of $16,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Metal Exterior
Vinyl Siding

Parking

Garage Parking

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230505
05/05/2023
3 Bed
2 Bath
1258 ft²
$155,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1258 ft²
-
-
Terry Keck
Michele Phillips & Company, Realtors-Cabot Branch
20201029
10/29/2020
3 Bed
2 Bath
1258 ft²
$124,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1258 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,737
  • Total Building Area: 1,258
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARNWELL PLACE I
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001

Neighborhood

  • School District Name: Cabot Public Schools
  • School Tax School District: CABOT
  • School Tax District Code 2: CABOT
  • Census Tract: 020202

Geography

  • Parcel: 720-12008-000
  • Lot: 8
  • Meridian: SEC 07 TWN 04N RNG 09W
  • Municipality: CABOT
  • Latitude: 34.9855
  • Longitude: -92.0064

    Address

  • Full Address: 307 Ray St
  • Address - House Number: 307
  • Address - Street Name: Ray
  • Address - Suffix Type: St
  • State: AR
  • City Name: Cabot
  • Carrier Code: C004
  • 4-Digit Zip Code: 2218
  • Zip Code: 72023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $51,156
  • Tax Rate Code Area: 4 CB

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 159,924
  • High Value: 194,767
  • Low Value: 125,081

    Market Valuation

  • Market Total Value: $92,000
  • Market Land Value: $12,000
  • Market Improvement Value: $80,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,400
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $16,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5135
  • Previous Sale Recording Date: Dec 15, 2020
  • Previous Sale Contract Date: Dec 10, 2020
  • Previous Sale Amount: $124,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Cabot



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Frequently Asked Questions

What neighborhood is 307 Ray Street located in?
The 307 Ray Street is a house located in the neighborhood of Lonoke in Cabot, Cabot.
What is the average sales price for listings in 307 Ray Street?
The average sales price for units in 307 Ray Street is $0 currently.