NOT LISTED FOR SALE

Estimated Value: $375,783 - $551,000

4 Beds
3 Baths
2,892 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $193,100 $67 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,658/month

Highlights

  • Boathouse
  • Gated Community
  • Deck
  • Golf Course Community
  • Lake View
  • Multiple Fireplaces

About This Home

As of May 2016

LAKE DeSOTO.. 4BR 3 bath brick $184,700!! beautiful lake views from 2 massive decks, swim dock, LL great for in-law qtrs, 2 FPs, 2 kitchens - gorgeous wall colors, no repairs, move in ready.. earnest money, recent lender pre-qual or proof of funds to close cash transactions required with all offers; seller does not pay customary seller closing costs to include title ins, termite policy, home warranty, survey, repairs or closing costs

Last Agent to Sell the Property

Fay Garner

Hot Springs Realty License #SA00043682 Listed on: 04/14/2016

Co-Listed By

Terry Malone

Hot Springs Realty License #00055278

Last Buyer's Agent

Fay Garner

Hot Springs Realty License #SA00043682 Listed on: 04/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1988

Lot Details

  • 0.28 Acre Lot
  • Rural Setting
  • Level Lot
  • Property is zoned Rural Residential, Low Density Residential, Lake Area Residential, Out of City Limits

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • 1.5-Story Property
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,892 Sq Ft Home
  • Built-In Features
  • Sheet Rock Walls or Ceilings
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Lake Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Boathouse
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Utilities District for Water and Sewer
  • Phone Available

Community Details

Overview

  • Madrid Subdivision
  • Mandatory home owners association

Recreation

  • Golf Course Community
  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,900

Year Built

Built in 1988

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential Single Family
  • Style: Traditional, Ranch
  • Subdivision: Madrid
  • Directions: north Central becoming Park Ave, left Fox Pass Cutoff, left Hwy 7N, right into Village, left on Calella, right on Santa Maria, right on Madrid Way to 13 on right
  • Price Per Sq Ft: 66.77
  • Source Of Sq Ft: Courthouse
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Floors: Wood, Partial Carpet, Tile
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-in Shower, Walk-In Closet(s), Built-Ins, Master Bedroom w/Bath
  • Stories: 1.5 Story, 2 Story Entry & Lower
  • Fireplace: Woodburning - Site-Built, Two
  • Number of Bedrooms: 4
  • Full Bathrooms: 3
  • Dining Area: Separate Breakfast Room, Living/Dining Combo
  • Other Rooms: Great Room, In-Laws Quarters, Laundry Room
  • Estimated Sq Ft: 2892
  • Estimated Year Built: 1988
  • Kitchen Equipment: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Pantry, Refrigerator Stays
  • Walls: Sheet Rock, Sheet Rock Ceiling

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck
  • Road Surface: Paved
  • Waterfront: Boat House, Lake View, Lake Other
  • Foundation: Crawl Space

Garage/Parking

  • Parking: Two Car

Utilities

  • Heating Air Conditioning: Central Cool - Electric, Central Heat - Electric
  • Utilities: Sewer - Municipal, Water - Municipal, Electric – Entergy, Telephone

Condo/Co-op/Association

  • Amenities: Tennis Court(s), Security, Mandatory Fee, Marina, Golf Course, Gated Entrance
  • Condo Association Fee: 65
  • Frequency: Monthly

Schools

  • School District: Jessieville

Lot Info

  • Estimated Lot Size: 0.28
  • Deed Book Page: 3720/297
  • Deeded Lake Access: Yes
  • Geo Subdivision: AR
  • Lot: Sloped, Level, Rural Property, In Subdivision
  • Zoning: Rural Residential, Low Density Residential, Lake Area Residential, Out of City Limits

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Estimated Annual Taxes: 1900
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Luer Jon P
Bought by
Luer Jon P
Current Estimated Value
$472,696

Purchase Details

Closed on
Jan 8, 2018
Sold by
Bill Reed Construction Company Inc
Bought by
Arvest Bank

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 27, 2016
Sold by
Ava
Bought by
Luer Jon P
Seller's Agent
Fay Garner
Hot Springs Realty
Buyer's Agent
Fay Garner
Hot Springs Realty
Sold Price
$193,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Feb 10, 2016
Sold by
Jpmorgan Chase Bank Na
Bought by
Secretary Of Veteran Affairs

Purchase Details

Closed on
Dec 14, 2011
Sold by
Lanning Richard E and Lanning Carol A
Bought by
Johnson Russell H and Johnson Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,267
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Nov 22, 2011
Sold by
Kitteringham Pauline and Kitteringham Harry Phillip
Bought by
Lanning Richard H and Lanning Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,267
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Sep 13, 2007
Sold by
Lanning Richard H and Lanning Carol A
Bought by
Kiteringham Harry Phillip and Kiteringham Pauline

Purchase Details

Closed on
Jul 3, 2007
Sold by
Jones Douglas W and Jones Mary Beth
Bought by
Lanning Richard E and Lanning Carol A

Purchase Details

Closed on
Dec 27, 2004
Sold by
Not Provided
Bought by
Jones Douglas W and Jones Mary Beth

Purchase Details

Closed on
Feb 15, 1989
Bought by
Thompson Juanita Roberts
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
Luer Jon P -- None Available
Arvest Bank -- Garland County Title Co
Luer Jon P -- Hs Title
Secretary Of Veteran Affairs -- None Available
Johnson Russell H $245,000 None Available
Lanning Richard H -- Security Title
Kiteringham Harry Phillip $120,000 Hot Springs Title Co
Lanning Richard E $318,000 Lenders Title Co
Jones Douglas W $255,000 --
Thompson Juanita Roberts $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Russell H $250,267
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2016 05/26/16 Sold $193,100 -- $67 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
Source: Hot Springs Board of REALTORS®

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 $1,289 $77,650 $8,100 $69,550
2024 $1,362 $77,650 $8,100 $69,550
2023 $1,437 $77,650 $8,100 $69,550
2022 $1,862 $77,650 $8,100 $69,550
2021 $1,862 $44,030 $8,100 $35,930
2020 $1,487 $44,030 $8,100 $35,930
2019 $1,487 $44,030 $8,100 $35,930
2018 $1,512 $44,030 $8,100 $35,930
2017 $1,512 $44,030 $8,100 $35,930
2016 $1,551 $47,160 $9,450 $37,710
2015 $1,551 $47,160 $9,450 $37,710
2014 $1,550 $44,930 $9,450 $35,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hot Springs Board of REALTORS®

MLS Number: 114036

Hot Springs Board of REALTORS®

APN: 200-42250-011-000