NOT LISTED FOR SALE

11 Iniciador Way Hot Springs Village, AR 71909

Estimated Value: $338,000 - $369,000

3 Beds
2 Baths
1,887 Sq Ft
$186/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $187,500 $99 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,082/month

107 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Wood Flooring
  • Wooded Lot
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of February 2019

Looking for a quality home at a great price? This open plan home is in a prime location near Isabella Pro Shop and the East Gate! Some of it's many features include vaulted and 9' ceilings; 6" exterior walls and high rated ceiling insulation; Wood flooring in entry, kitchen and Dining Room; Tile in utility and baths; Kitchen has custom maple cabinets, hard surface counters tile backsplash and a pantry; Master bath has a jetted tub, separate walk-in shower and his and hers vanities.

Last Agent to Sell the Property

Charlotte Hitchens

RE/MAX of Hot Springs Village Listed on: 10/24/2018

RE/MAX of Hot Springs Village

Last Buyer's Agent

Charlotte Hitchens

RE/MAX of Hot Springs Village Listed on: 10/24/2018

RE/MAX of Hot Springs Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 2005

Lot Details

  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,887 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking

Utilities

  • Heat Pump System
  • Co-Op Electric
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,753

Year Built

Built in 2005

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Guttering
  • LVT Date: 10/25/2018
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Separate Dining Room
  • Fireplace: Gas Logs Present
  • Bedrooms: Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1887
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer-Stays, Dryer-Stays, Water Heater-Electric, Whirlpool/Hot Tub/Spa, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Dim: 14'8x16
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays
  • Living Room Dim: 14 x 21
  • Master Bedroom Dim: 13'10x15'6
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Tray Ceiling, Vault Ceiling

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car, Rear Entry

Utilities

  • Utilities: Sewer-Public, Electric-Co-Op, Tv-Cable, Poa Water
  • Heat Air: Heat Pump

Condo/Co-op/Association

  • Condo Association Fee: 66.5
  • Frequency: Monthly

Green Features

  • Energy Features: Extra Insulation, Insulated Doors, Insulated Windows

Lot Info

  • Lot: Level, Corner Lot, Wooded
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1753
  • Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Feb 15, 2019
Sold by
Fisher Edward A and Fisher Madeline J
Bought by
White James R and White Julie K
Seller's Agent
Charlotte Hitchens
RE/MAX of Hot Springs Village
Buyer's Agent
Charlotte Hitchens
RE/MAX of Hot Springs Village
List Price
$199,900
Sold Price
$187,500
Premium/Discount to List
-$12,400
-6.2%
Current Estimated Value
$351,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,569
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Apr 10, 2006
Sold by
Nicolosl Anthony J and Nicolosl Sherrill B
Bought by
Fisher Edward A and Fisher Madeline J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2005
Sold by
Herbert Moon Annecarole and Moon Tommie P
Bought by
Nicolosi Anthony J and Nicolosi Sherrill B

Purchase Details

Closed on
Apr 13, 1999
Bought by
Torrans

Purchase Details

Closed on
Jun 18, 1998
Bought by
Cldi
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
White James R $187,500 None Available
Fisher Edward A $216,000 --
Nicolosi Anthony J $12,000 --
Herbert Moon Annacarole -- --
Torrans $15,000 --
Cldi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisher Edward A $172,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2019 02/20/19 Sold $187,500 -6.2% $99 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $199,900 -- $106 / 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 $2,015 $56,855 $10,600 $46,255
2024 $2,015 $56,855 $10,600 $46,255
2023 $1,503 $56,855 $10,600 $46,255
2022 $1,465 $56,855 $10,600 $46,255
2021 $1,377 $39,380 $4,000 $35,380
2020 $1,377 $39,380 $4,000 $35,380
2019 $1,377 $39,380 $4,000 $35,380
2018 $1,752 $39,380 $4,000 $35,380
2017 $1,752 $39,380 $4,000 $35,380
2016 $1,836 $41,260 $3,600 $37,660
2015 $1,836 $41,260 $3,600 $37,660
2014 $1,836 $41,260 $3,600 $37,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18033932

Cooperative Arkansas REALTORS® MLS

APN: 599-00360-000