NOT LISTED FOR SALE

1 Montserrat Ln Hot Springs Village, AR 71909

Estimated Value: $231,669

2 Beds
2 Baths
1,880 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $199,000 $106 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,398/month

34 Days on Market

Highlights

  • Marina
  • Resort Property
  • Clubhouse
  • Golf Course Community
  • Gated Community
  • Deck

About This Home

As of May 2023

All brick two bedroom, two bath home with a large Sunroom with common property behind the home. Wall of built ins in living room. Primary bedroom with two walk in closets and a custom curbless walk in shower. Great storage throughout the home. Carport with storage area. Large deck to enjoy the natural setting of this home. HVAC 2018. Property is selling "as is" with no repairs being made. NO Sellers Disclosure available. Buyers have a $1500 buy in fee payable to the POA at closing for new property owners.

Last Agent to Sell the Property

Susie Burns

RE/MAX of Hot Springs Village Listed on: 04/27/2023

RE/MAX of Hot Springs Village

Last Buyer's Agent

Jim Harbour

RE/MAX of Hot Springs Village

RE/MAX of Hot Springs Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1980

Lot Details

  • 0.31 Acre Lot
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Sun or Florida Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Schools

  • Jessieville Elementary And Middle School
  • Jessieville High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Shared Sewer
  • Cable TV Available

Community Details

Overview

  • Other Mandatory Fees
  • Resort Property

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Party Room

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$876

Year Built

Built in 1980

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Restrictions: Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Porch, Guttering
  • LVT Date: 04/27/2023
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1980
  • Internet Type: Internet-Cable
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1880
  • Bedrooms: 2
  • Floors: Carpet, Tile, Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Kit Counter-Formica
  • Kitchen Equip: Built-In Stove, Microwave, Dishwasher, Disposal, Refrigerator-Stays
  • Other Rooms: Formal Living Room, Sun Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Skylight - Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Elec-Municipal (+Entergy), Tv-Cable, Poa Water, Community Sewer
  • Heat Air: Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Sauna, Playground, Clubhouse, Security, Party Room, Picnic Area, Mandatory Fee, Marina, Hot Tub, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Condo Association Fee: 100
  • Frequency: Monthly

Schools

  • Junior High: Jessieville

Lot Info

  • Estimated Lot Size: 0.31
  • Estimated Lot Size: 83x114x120x152
  • Lot: Level, Resort Property, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 876

MLS Schools

  • Elementary School: Jessieville
  • HighSchool: Jessieville
  • Middle School: Jessieville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 26, 2023
Sold by
Fabian Living Trust
Bought by
Velez Angel M and Velez Mary F
Seller's Agent
Susie Burns
RE/MAX of Hot Springs Village
Buyer's Agent
Jim Harbour
RE/MAX of Hot Springs Village
List Price
$199,000
Sold Price
$199,000
Views
66
Current Estimated Value
$231,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,669
Avg. Annual Appreciation
6.51%
Original Mortgage
$189,050
Outstanding Balance
$183,793
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$47,876

Purchase Details

Closed on
Jan 27, 2021
Sold by
Fabian William M and Fabian Dee A
Bought by
Fabian Living Trust and Fabian

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 29, 2019
Sold by
Roberts James Alvan and Roberts Sharon Elaine
Bought by
Fabian William M and Fabian Dee A
Seller's Agent
Michelle Perry
Hot Springs Village Real Estate
Buyer's Agent
Susie Burns
RE/MAX of Hot Springs Village
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$98,400
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2015
Closed on
Dec 24, 2015
Sold by
Coyer Patricis G and Riddle Nancy K
Bought by
Roberts James Alvan and Roberts Sharon Elaine
Seller's Agent
Deb Seibert
Hot Springs Village Real Estate
Buyer's Agent
Michelle Perry
Hot Springs Village Real Estate
List Price
$112,000
Sold Price
$95,000
Premium/Discount to List
-$17,000
-15.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Jun 17, 1993
Sold by
Not Provided
Bought by
Cunningham Fam Re and Cunningham Malcolm

Purchase Details

Closed on
Jul 31, 1991
Sold by
Not Provided
Bought by
Cunningham Malcolm and Cunningham Maverneen

Purchase Details

Closed on
Jun 21, 1991
Sold by
Not Provided
Bought by
Cunningham Malcolm D
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Velez Angel M $199,000 Advantage Title & Escrow
Fabian Living Trust -- None Listed On Document
Fabian Living Trust -- None Listed On Document
Fabian William M $123,000 Hstitle
Roberts James Alvan $95,000 Hstitle
Cunningham Fam Re -- --
Cunningham Malcolm -- --
Cunningham Malcolm D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Angel M $189,050
Previous Owner Fabian William M $98,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $199,000 0.0% $106 / Sq Ft
04/27/2023 04/27/23 For Sale $199,000 +61.8% $106 / Sq Ft
04/29/2019 04/29/19 Sold $123,000 -5.3% $65 / Sq Ft View Prior Sale
03/21/2019 03/21/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $129,900 +36.7% $69 / Sq Ft
12/29/2015 12/29/15 Sold $95,000 -15.2% $51 / Sq Ft View Prior Sale
11/29/2015 11/29/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $112,000 -- $60 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $920 $35,420 $200 $35,220
2024 $998 $35,420 $200 $35,220
2023 $451 $35,420 $200 $35,220
2022 $876 $35,420 $200 $35,220
2021 $876 $20,710 $200 $20,510
2020 $501 $20,710 $200 $20,510
2019 $501 $20,710 $200 $20,510
2018 $526 $20,710 $200 $20,510
2017 $526 $20,710 $200 $20,510
2016 $605 $22,580 $200 $22,380
2015 $426 $22,580 $200 $22,380
2014 $425 $18,335 $200 $18,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23012536

Cooperative Arkansas REALTORS® MLS

APN: 200-56950-014-000