$259,000
SOLD SEP 21, 2021

35 Crace Trail Cabot, AR 72023

-- Bed
-- Bath
8,856 Sq Ft
8.26 Acres

Recently Sold

$29 Per Sq Ft

14% Below List Price

53 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Traditional Architecture
  • Mountain Springs Elementary School Rated A-
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of September 2021

Investors!! Opportunity to purchase +/- 8.26 acres with Shop/Warehouse & 3 duplex. Property is located just outside the City limits of Cabot and fronts along Hwy 5, Hidden Valley & Crace Trail. The Warehouse has 3,520 SF on the ground floor and 1,500 SF apartment upstairs. The duplexes range from 1,560 SF to 1,888 SF. Property needs major repairs.

Last Agent to Sell the Property

Ted Arnett

Arnett Realty & Investments

Last Buyer's Agent

Robyn Arnett

Arnett Realty & Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1999

Lot Details

  • 8.26 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 8,856 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Crawl Space

Kitchen

  • Electric Range
  • Stove
  • Microwave

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Septic System

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,731

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional, Bungalow/Cottage
  • LVT Date: 08/06/2021
  • Price Per Sq Ft: 29.25
  • Road Surface: Gravel, Paved
  • Street Designation: Trail
  • Type: Duplex
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Floors: Tile, Vinyl
  • Foundation: Crawl Space, Slab
  • Stories: One Story, Two Story
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock, Tray Ceiling, Vault Ceiling
  • Kitchen Equipment: Free-Standing Stove, Microwave, Electric Range, Refrigerator-Stays

Exterior Features

  • Exterior: Frame
  • Roof: Composition
  • Exterior Features: Storage Building, Outside Storage Area, Deck

Utilities

  • Utilities: Septic, Water-Public, Electric-Municipal
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 8.26
  • Estimated Lot Size: 8.26
  • Lot: Level, Corner Lot, Rural Property, Wooded, Cleared, Not In Subdivision, Out Of City
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent Two Bedroom: 500
  • Minimum Rent Two Bedroom: 500
  • Number Of One Bathroom Unitss: 7
  • Number Of Two Bedroom Units: 7
  • Number Units: 8

Tax Info

  • Annual Taxes: 3731

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $259,000 -13.6% $29 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $299,900 -- $34 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21025324

Cooperative Arkansas REALTORS® MLS

Arkansas Lonoke County Cabot 72023

35 Crace Trail, Cabot, AR

Homes for Sale in Cabot, AR

This home is located at 35 Crace Trail, Cabot, AR 72023 and is currently priced at $259,000, approximately $29 per square foot. This property was built in 1999. 35 Crace Trail is a home located in Lonoke County with nearby schools including Mountain Springs Elementary School, Cabot Junior High North, and Cabot Middle School North.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.