Closed
$520,000
505 Memory Ln, Cabot, AR 72023
2beds
2,342sqft
Single Family Residence
Built in 2010
5.84 Acres Lot
$500,700 Zestimate®
$222/sqft
$1,950 Estimated rent
Home value
$500,700
$441,000 - $566,000
$1,950/mo
Zestimate® history
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What's special
Luxurious Resort-Style Retreat - Stunning custom-built home combines meticulous attention to detail and energy efficiency. Nestled on 7 sprawling acres, the wrap around front porch features cypress wood and rock with a view of the beautifully manicured lawn, lush landscaping, and mature trees. Relax or entertain on the covered and uncovered patios featuring a gas fire pit and charming cook shack. You will have privacy and space for all your outdoor desires in a serene atmosphere. The geothermal unit, additional insulation, and enclosed crawl space ensure that this home is energy-efficient year-round, keeping you comfortable while reducing your environmental footprint. A gourmet kitchen with granite counter tops, and a spacious island featuring a custom cutting block, perfect for culinary enthusiasts. Open-concept living spaces with soaring ceilings, impeccable finishes, and abundant natural light. Enjoy the convenience of 2 primary bedrooms, each with its own ensuite bathroom and walk-in closet. Perfect for multi-generational living or hosting guests in style. 10'x10' closet doubles as a tornado safe room. Shop 30' x 50' and has electricity. This home is a true oasis! See remarks.
Zillow last checked: 8 hours ago
Listing updated: October 20, 2023 at 10:05am
Listed by:
Sara Lynn 501-319-5016,
IRealty Arkansas - Sherwood
Bought with:
Jacob P Hall, AR
Michele Phillips & Co. Realtors
Source: CARMLS,MLS#: 23027749
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining room
- Features: Eat-in Kitchen, Kitchen/Dining Combo, Living/Dining Combo, Breakfast Bar, Kitchen/Den
Heating
- Geothermal
Appliances
- Included: Built-In Range, Microwave, Gas Range, Dishwasher, Disposal, Ice Maker, Gas Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
Features
- Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Granite Counters, Pantry, Sheet Rock, Vaulted Ceiling(s), Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Primary Bedroom Apart, Guest Bedroom Apart, Primary Bed. Sitting Area, 2 Bedrooms Same Level
- Flooring: Wood, Tile
- Doors: Insulated Doors
- Windows: Window Treatments, Insulated Windows, Low Emissivity Windows
- Has fireplace: Yes
Interior area
- Total structure area: 2,342
- Total interior livable area: 2,342 sqft
Property
Parking
- Total spaces: 4
- Parking features: RV Access/Parking, Carport, Parking Pad, Two Car, Four Car or More, Garage Faces Rear
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch
- Exterior features: Storage, Rain Gutters, Shop
- Has spa: Yes
- Spa features: Whirlpool/Hot Tub/Spa
Lot
- Size: 5.84 Acres
- Features: Level, Cul-De-Sac, Cleared, Extra Landscaping, Not in Subdivision, Lawn Sprinkler
Details
- Parcel number: 00112852001V
- Other equipment: Dehumidifier
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cypress, Wood Siding, Spray Foam Insulation
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 2010
Details
- Builder name: Danny Schmidt
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Gas: Gas-Propane/Butane
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Gas-Propane/Butane
Green energy
- Energy efficient items: Doors, Insulation, Ridge Vents/Caps
Community & neighborhood
Security
- Security features: Safe/Storm Room
Community
- Community features: Golf
Location
- Region: Cabot
- Subdivision: Metes & Bounds
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: VA Loan,FHA,Conventional,Cash,USDA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2023 | Sold | $520,000$222/sqft |
Source: | ||
| 10/4/2023 | Contingent | $520,000$222/sqft |
Source: | ||
| 9/4/2023 | Listed for sale | $520,000-13.3%$222/sqft |
Source: | ||
| 5/31/2022 | Listing removed | $599,999$256/sqft |
Source: | ||
| 4/5/2022 | Price change | $599,999-3.2%$256/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | -- |
| 2023 | -- | $30 |
| 2022 | $0 | $30 |
Find assessor info on the county website
Neighborhood: 72023
Nearby schools
GreatSchools rating
- 6/10Magness Creek Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 8/10Cabot Junior High NorthGrades: 7-8Distance: 4.8 mi
- 8/10Cabot High SchoolGrades: 9-12Distance: 4.9 mi
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$500,700
2% more+$10,014
With Zillow Showcase(estimated)$510,714

