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50 Timberwood Drive

50 Timberwood Drive, Cabot, AR 72023
House in Lonoke
Sold Oct 13, 2021
$137,500
$130,625 by Simmons Bank
Mortgage Due Nov 01, 2051
Sold Jun 12, 2020
$124,000
$126,852 by Bank Of England
Mortgage Due Jul 01, 2050
Local assessors in Cabot, AR have categorized 50 Timberwood Drive as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 7,763 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 50 Timberwood Drive has a total of 1,154 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 mixed used garage for those who need a place to park their vehicle. The garage on the property is 570 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 a open porch so you'll have a great option in the front 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 shingle (not wood). 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. The property was last sold in Oct 1, 2021 for $137,500. That's $119.15 per sqft. Prior to that sales transaction, the property was also sold in Jun 9, 2020 for $124,000. 50 Timberwood Drive was last assessed in 2023. The total value of the property was assessed at $20,220. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $17,220. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $604. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Metal Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • 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: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 570
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,763
  • Total Building Area: 1,154
  • Building Area: 1,154
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,154
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMBERWOOD PARK II-A
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GARVIN STEFANIE LOUISE
  • Previous Owner : JOHNSON BRADLEY
  • Owner Before Previous Owner: LUDWICK TYLER D
  • 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: 020202

Geography

  • Parcel: 723-18067-000
  • Lot: 67
  • Meridian: SEC 07 TWN 04N RNG 09W
  • Municipality: CABOT
  • Latitude: 34.9892
  • Longitude: -92.0054

    Address

  • Full Address: 50 Timberwood Dr
  • Address - House Number: 50
  • Address - Street Name: Timberwood
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Cabot
  • Carrier Code: C004
  • 4-Digit Zip Code: 2686
  • Zip Code: 72023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $604
  • Tax Rate Code Area: 4 CB

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 164,893
  • High Value: 196,688
  • Low Value: 133,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,625
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Loan Amount: $130,625
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $101,100
  • Market Land Value: $15,000
  • Market Improvement Value: $86,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,220
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $17,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Transaction ID: 11860597508
  • Current Sale Price: $137,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-13631
  • Previous Sale Recording Date: Jun 12, 2020
  • Previous Sale Contract Date: Jun 09, 2020
  • Previous Sale Amount: $124,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: Oct 13, 2021
  • First Mortgage Loan Amount: $130,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF ENGLAND
  • Previous Mortgage Transaction Date: Jun 12, 2020
  • Previous Mortgage Loan Amount: $126,852
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Cabot



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Nearby Rentals

Unit for rent at

$1,050 /mo

  • 3 Beds
  • 2 Baths
  • 1,204 ft²
Listing by Holly Clark
Unit for rent at

$1,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 50 Timberwood Drive located in?
The 50 Timberwood Drive is a house located in the neighborhood of Lonoke in Cabot, Cabot.
What is the average sales price for listings in 50 Timberwood Drive?
The average sales price for units in 50 Timberwood Drive is $135,000 , or $117/sqft. currently.

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