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4 Raspberry Lane

4 Raspberry Lane, Cabot, AR 72023
Property in Lonoke
Sold May 07, 2021
$227,000
$222,888 by Arvest Bank
Mortgage Due Jun 01, 2051
Sold Jun 10, 2020
$201,900
$206,543 by Flat Branch Home Loans Inc
Mortgage Due Jul 01, 2050
4 Raspberry Lane has been categorized by the local assessors in Cabot, AR as a residential type of property. The building on the property was first built in 2020 and is 4 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4 Raspberry Lane has 1,835 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 441 sqft. Residents will have the luxury of enjoying a open porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of masonry. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 4 Raspberry Lane sold most recently in May 4, 2021 for a total of $227,000. If you work out the math, that's approximately a cost of $123.71 per sqft. Before that, the property was also sold for $201,900 in Jun 8, 2020. 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 $1,927 in taxes each year. 4 Raspberry Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,850. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $32,850. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,835
  • Building Area: 1,835
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,835
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIAR PATCH ADDITION
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : THOMPSON COURTNEY
  • Previous Owner : HAYNES WILLIAM R
  • Previous Owner 2: HAYNES CAMBRIA N
  • Owner Before Previous Owner: DEERLY DESIGNED PROPERTIES LLC
  • 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: 720-40502-000
  • Lot: 2
  • Meridian: SEC 19 TWN 04N RNG 09W
  • Municipality: CABOT, CITY
  • Latitude: 34.9636
  • Longitude: -92.0057

    Address

  • Full Address: 4 Raspberry Ln
  • Address - House Number: 4
  • Address - Street Name: Raspberry
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Cabot
  • Carrier Code: C005
  • 4-Digit Zip Code: 3005
  • Zip Code: 72023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,927
  • Tax Rate Code Area: 4 CB

    Appraisal Valuation

  • Standard Deviation: 0.158
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 80
  • Final Value: 272,127
  • High Value: 315,124
  • Low Value: 229,130

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $232,888
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: May 07, 2021
  • First Open Lien Mortgage Loan Amount: $222,888
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: ARKANSAS DEVELOPMENT FINANCE A
  • Second Open Lien Mortgage Recording Date: May 07, 2021
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2031

    Market Valuation

  • Market Total Value: $189,250
  • Market Land Value: $25,000
  • Market Improvement Value: $164,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,850
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $32,850

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Transaction ID: 11834576043
  • Current Sale Price: $227,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-05984
  • Previous Sale Recording Date: Jun 10, 2020
  • Previous Sale Contract Date: Jun 08, 2020
  • Previous Sale Amount: $201,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: May 07, 2021
  • First Mortgage Loan Amount: $222,888
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • Previous Mortgage Transaction Date: Jun 10, 2020
  • Previous Mortgage Loan Amount: $206,543
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Cabot



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Frequently Asked Questions

What neighborhood is 4 Raspberry Lane located in?
The 4 Raspberry Lane is a located in the neighborhood of Lonoke in Cabot, Cabot.
What is the average sales price for listings in 4 Raspberry Lane?
The average sales price for units in 4 Raspberry Lane is $0 currently.

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