118 Silverwood Terrace Hot Springs National Park, AR 71913
Estimated payment $3,916/month
Highlights
- Lake Front
- Private Dock
- Wood Flooring
- Lake Hamilton Elementary School Rated 9+
- Deck
- Porch
About This Home
This exquisite custom-built, owner-occupied 3-bedroom, 2.5-bath residence spans an impressive 2,600 square feet and offers panoramic views overlooking the beautiful Lake Hamilton. Enjoy the generous living space spread over three thoughtfully designed stories, perfect for family gatherings or entertaining guests. Recent Updates: New roof installed in 2023, Six-year-old HVAC system (two units for optimal comfort), New partial siding recently completed, All windows replaced with low-E gas for energy efficiency, keeping your home warm in winter and cool in summer. The boat slip and steps to the water, completed in 2019, make launching your boat or enjoying water activities a breeze. Both decks were replaced in 2023, providing perfect spaces to relax while soaking in the stunning lake views. he property boasts a large 30x32 shop with two garage doors, equipped with PVC air compressor piping and 220 outlets to accommodate all your large electrical needs—ideal for hobbyists or additional storage. Nestled in a tranquil setting, this home combines the serenity of lake living with easy access to local amenities. Whether you enjoy fishing, boating, or simply relaxing by the water, this property offers endless opportunities for fun and enjoyment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,512
Year Built
- Built in 1996
Lot Details
- 0.61 Acre Lot
- Lake Front
Parking
- 2 Car Garage
Home Design
- Slab Foundation
- Stone Siding
- Vinyl Siding
- Siding
Interior Spaces
- 2,350 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Insulated Windows
- Combination Kitchen and Dining Room
- Lake Views
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Walk-in Shower
Outdoor Features
- Private Dock
- Floating Dock
- Deck
- Shop
- Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 34 3S 20 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 | $3,437 | $123,030 | $48,000 | $75,030 |
| 2023 | $3,348 | $123,030 | $48,000 | $75,030 |
| 2022 | $3,684 | $123,030 | $48,000 | $75,030 |
| 2021 | $3,371 | $74,900 | $40,800 | $34,100 |
| 2020 | $2,996 | $74,900 | $40,800 | $34,100 |
| 2019 | $2,936 | $74,900 | $40,800 | $34,100 |
| 2018 | $2,942 | $74,900 | $40,800 | $34,100 |
| 2017 | $2,792 | $74,900 | $40,800 | $34,100 |
| 2016 | $2,642 | $77,270 | $40,800 | $36,470 |
| 2015 | $2,523 | $77,270 | $40,800 | $36,470 |
| 2014 | $2,403 | $62,291 | $25,821 | $36,470 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $670,000 | -0.7% | $285 / Sq Ft |
| 04/11/2025 04/11/25 | For Sale | $675,000 | -- | $287 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $218,800 | New Conventional | |
| Closed | $217,000 | New Conventional | |
| Closed | $199,121 | FHA | |
| Closed | $203,152 | FHA | |
| Closed | $0 | New Conventional |
Source: Hot Springs Board of REALTORS®
MLS Number: 150468
APN: 100-15941-000
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