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55 Magness Creek Drive

55 Magness Creek Drive, Cabot, AR 72023
House in Lonoke
Local assessors in Cabot, AR have categorized 55 Magness Creek Drive as a type of property. The home was built in 2000 and is 26 years old. The property's lot size has been calculated to be 12,015 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 890 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 55 Magness Creek Drive has a total of 1,714 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 for those who need a place to park their vehicle. The garage on the property is 552 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 and a so you'll have great options in both the front and back of the home. In addition, there is a on the property. Perfect for those who want to host pool parties over the summer. 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 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 - . The building has a style roof that was made of . Lots of 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 for their cooling system. The home's is the primary heating source. The property was last sold in Nov 30, 2021 for $210,000. That's $122.52 per sqft. Prior to that sales transaction, the property was also sold in May 27, 2005 for $148,000. 55 Magness Creek Drive was last assessed in 2023. The total value of the property was assessed at $31,340. Specifically, the land the property is located on was valued at $4,000. While improvements on the property were assessed at a total of $27,340. 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 $117,021. 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. 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

Brick Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240313
03/13/2024
3 Bed
2 Bath
1756 ft²
$282,500
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1756 ft²
-
-
Joshua Cole
Venture Realty Group


Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 24
  • 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: 552
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 12,015
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 890
  • Total Building Area: 1,714
  • Building Area: 1,714
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,714
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNESS CREEK SUBDIVISION
  • Land Acres: 0000000276
  • 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: 020105

Geography

  • Parcel: 721-37026-000
  • Lot: 26
  • Meridian: SEC 27 TWN 05N RNG 10
  • Municipality: CABOT
  • Latitude: 35.0321
  • Longitude: -92.063

    Address

  • Full Address: 55 Magness Creek Dr
  • Address - House Number: 55
  • Address - Street Name: Magness Creek
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Cabot
  • Carrier Code: R013
  • 4-Digit Zip Code: 8773
  • Zip Code: 72023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $117,021
  • Tax Rate Code Area: 4 CB

    Appraisal Valuation

  • Standard Deviation: 0.0846
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 284,558
  • High Value: 308,653
  • Low Value: 260,463

    Market Valuation

  • Market Total Value: $156,700
  • Market Land Value: $20,000
  • Market Improvement Value: $136,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,340
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $27,340

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16391
  • Previous Sale Recording Date: Jun 07, 2005
  • Previous Sale Contract Date: May 27, 2005
  • Previous Sale Amount: $148,000
  • 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 55 Magness Creek Drive located in?
The 55 Magness Creek Drive is a house located in the neighborhood of Lonoke in Cabot, Cabot.
What is the average sales price for listings in 55 Magness Creek Drive?
The average sales price for units in 55 Magness Creek Drive is $0 currently.