
1020 Prospect Ave Hot Springs National Park, AR 71901
Downtown Hot Springs NeighborhoodEstimated payment $3,747/month
Highlights
- Hot Property
- 0.38 Acre Lot
- Victorian Architecture
- Guest House
- Wood Flooring
- Separate Formal Living Room
About This Home
Experience the warmth and elegance of this beautifully restored Victorian-style estate, nestled in the heart of downtown Hot Springs. This one-of-a-kind home boasts a rich history, stunning architecture, and modern amenities. The main house features 5 spacious bedrooms, with 3 located downstairs and 2 upstairs. There are 3 full bathrooms, expansive storage areas, and plenty of room for a large family. The main house offers 3,472 square feet of living space, with hardwood floors throughout. Recent updates include new insulated windows, fresh interior paint, tile in the kitchen, remodeled bathrooms, and new gas stove. The home also features a tankless water heater, updated plumbing and electrical systems, with new breaker boxes. There are two laundry rooms, one located in the main house and another under the apartment. The completed basement includes a second laundry room. The garage apartment provides an additional 600 square feet of living space, complete with 1 bedroom and 1 bathroom. The home has been extraordinarily well-maintained. It's ready for a new family to move in! 3.3% ASSUMABLE LOAN AVAILABLE!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,678
Year Built
- Built in 1920
Lot Details
- 0.38 Acre Lot
- Back Yard Fenced
- Corner Lot
Parking
- 1 Car Garage
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Plaster Walls
- Architectural Shingle Roof
Interior Spaces
- 4,072 Sq Ft Home
- 2-Story Property
- Built-In Features
- Sheet Rock Walls or Ceilings
- Ceiling Fan
- Gas Log Fireplace
- Insulated Windows
- Family Room
- Separate Formal Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Range
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- 4 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Washer Hookup
Partially Finished Basement
- Partial Basement
- Crawl Space
Home Security
- Home Security System
- Smart Locks
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
- Programmable Thermostat
- Tankless Water Heater
- Gas Water Heater
- Municipal Utilities District for Water and Sewer
Additional Features
- Patio
- Guest House
Community Details
- Rix Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $4,709 | $115,250 | $10,000 | $105,250 |
2023 | $4,784 | $115,250 | $10,000 | $105,250 |
2022 | $3,029 | $115,250 | $10,000 | $105,250 |
2021 | $2,522 | $55,180 | $8,000 | $47,180 |
2020 | $2,522 | $55,180 | $8,000 | $47,180 |
2019 | $2,522 | $55,180 | $8,000 | $47,180 |
2018 | $2,522 | $55,180 | $8,000 | $47,180 |
2017 | $1,194 | $55,180 | $8,000 | $47,180 |
2016 | $1,107 | $48,700 | $8,000 | $40,700 |
2015 | $855 | $48,700 | $8,000 | $40,700 |
2014 | $815 | $28,213 | $3,386 | $24,827 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/06/2025 09/06/25 | For Sale | $630,000 | +12.5% | $155 / Sq Ft |
03/01/2022 03/01/22 | Pending | -- | -- | -- |
02/23/2022 02/23/22 | Sold | $560,000 | -6.5% | $138 / Sq Ft |
12/06/2021 12/06/21 | For Sale | $599,000 | +144.5% | $147 / Sq Ft |
05/29/2018 05/29/18 | Sold | $245,000 | -- | $71 / Sq Ft |
04/02/2018 04/02/18 | Pending | -- | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $560,000 | Lenders Title Company | |
Warranty Deed | $245,000 | Arkansas Title Group Llc | |
Warranty Deed | $190,000 | -- | |
Warranty Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $68,800 | Credit Line Revolving | |
Open | $525,000 | VA | |
Previous Owner | $125,000 | No Value Available | |
Previous Owner | $197,395 | FHA | |
Previous Owner | $50,000 | No Value Available | |
Previous Owner | $184,000 | No Value Available | |
Previous Owner | $171,000 | No Value Available |
About the Listing Agent

Svetlana has always had a love for helping people reach their goals and dreams. She brings that passion into the real estate industry. After serving as a pastor for married couples and families at a local church, Svetlana transitioned into the real estate industry.
As an active real estate agent with McGraw Realtors, Svetlana provides superb service to buyers and sellers. Whether you are looking to buy that first starter home or list a luxury property, she is ready to help you navigate
Svetlana's Other Listings
Source: Hot Springs Board of REALTORS®
MLS Number: 152442

APN: 400-55450-006-000
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