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118 Summit Dr

Cabot, AR 72023

3 bd 2 ba 1,322 sqft Built 1984 Lot 43,560 sqft single_family
Most recent sale
$185,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $185,000 Public Record
May 20, 2022 Sold $185,000 Carmls
Apr 22, 2022 Listed $179,000 MLS #22012928
Feb 22, 2019 Sold $68,010 Public Record
Jul 27, 2004 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $16,800 $2,500 $19,300 $382
2024 $16,800 $2,500 $19,300 $482
2023 $16,800 $2,500 $19,300 $557
2022 $16,800 $2,500 $19,300 $607
2021 $16,800 $2,500 $19,300 $982
2020 $17,760 $2,500 $20,260 $1,031
2019 $17,760 $2,500 $20,260 $1,031
2018 $17,760 $2,500 $20,260 $1,000
2017 $17,760 $2,500 $20,260 $1,000
2016 $17,760 $2,500 $20,260 $1,000
2015 $17,760 $2,500 $20,260 $1,035
2014 $18,460 $2,500 $20,960 $1,035
2013 $18,460 $2,500 $20,960 $1,035
2012 $18,460 $2,500 $20,960 $1,035
2011 $18,460 $2,500 $20,960 $1,035
2010 $18,460 $2,500 $20,960 $1,095
2009 $19,670 $2,500 $22,170 $1,095
2008 $19,670 $2,500 $22,170 $1,095
2007 $16,710 $2,500 $19,210 $881
2006 $16,710 $2,500 $19,210 $854

Property facts

Year built
1984
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,322 sqft
Lot size
43,560 sqft
ZIP code
72023
City
Cabot
Street
Summit Dr
Coordinates
34.99355, -92.03484

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,983
Gross rental yield
12.86%
Implied cap rate
8.36%
Trend-extrapolated value

Frequently asked questions

When did 118 Summit Dr last sell?
118 Summit Dr most recently sold on May 25, 2022 for $185,000.
What is the current tax assessment for 118 Summit Dr?
The most recent total assessment for 118 Summit Dr (year 2025) is $19,300 with $382 in property tax.
How does 118 Summit Dr's assessment compare to its last sale price?
The current assessment is 89.6% below the last sale price of $185,000.
When was 118 Summit Dr built?
118 Summit Dr was built in 1984.
How does 118 Summit Dr compare to others on Summit Dr?
We track 8 other properties on Summit Dr. Browse the list under "Other properties on Summit Dr" to compare beds, baths, and sale history.
What are the property facts for 118 Summit Dr?
118 Summit Dr is a 3 bed, 2 bath, 1,322 sqft, 43,560 sqft lot single_family.
Is 118 Summit Dr a flip candidate?
No — 118 Summit Dr does not appear in our flips dataset.
Is 118 Summit Dr a tax-appeal candidate?
No — 118 Summit Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.6%
2026 Q3
$339.8K
2026 Q4
$348.1K
ZIP 72023 — Median Price History + Forecast

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