$310,000
SOLD MAY 28, 2025
2 Beds
2 Baths
1,065 Sq Ft
$300/mo HOA Fee

Recently Sold

$291 Per Sq Ft

2% Below List Price

34 Days on Market

Highlights

  • Lake Front
  • Swim Dock
  • Furnished
  • Lake Hamilton Elementary School Rated 9+
  • Traditional Architecture
  • Community Pool

About This Home

As of May 2025

This beautiful Lake Hamilton condo is a successful nightly rental, grossing over $30,000.00 of income last year. Unlike typical condo settings, this property is just a few flat steps to the lake's edge, offering immersive water views from the comfort of your living room. The open, single-level floor plan includes 2-bedrooms, 2-baths, and updates galore - including a master suite with a gorgeous tiled shower, stainless appliances in the kitchen, and tasteful furnishings throughout. A short-term-rental permit is currently in place, offering a turn-key investment opportunity with an established rental history. You'll also appreciate owning a lake-front home without the hassle of boat dock and/or exterior maintenance, allowing it to be managed remotely, if desired. Chesswood complex offers a gated entrance, a swimming/fishing dock, a private pool, and a grilling area. Great location, just minutes from beautiful downtown Hot Springs, Oaklawn Racing, shopping, and restaurants. Whether you're looking for a charming lake condo or an income-producing investment, this property offers abundant potential.

Last Agent to Sell the Property

Amber White

White Stone Real Estate Listed on: 03/17/2025

Last Buyer's Agent

Amber White

White Stone Real Estate Listed on: 03/17/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1984

Lot Details

  • Lake Front

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Lake Views
  • Washer Hookup

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Swim Dock
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Other Mandatory Fees

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,580

Year Built

Built in 1984

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio
  • Inside City Limits: Yes
  • LVT Date: 03/17/2025
  • Price Per Sq Ft: 291.08
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Condo/Townhse/Duplex/Apt
  • Estimated Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Woodburning-Prefab.
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1065
  • Bedrooms: 2
  • Floors: Carpet, Tile, Luxury Vinyl
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Furnished
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher
  • Stories: One Story

Exterior Features

  • Waterfront: Dock - Swimming

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Mandatory Fee
  • Condo Association Fee: Water/Sewer
  • Condo Association Fee: 300
  • Frequency: Monthly

Lot Info

  • Lot: Lake View, Lake Front, Waterfront
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 2580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Apr 30, 2021
Sold by
Kosin Properties Llc
Bought by
Hayes Mark R and Hayes Alison O
Seller's Agent
Will Lindsay
United Country Real Estate Land and Lakes Group
Buyer's Agent
Will Lindsay
United Country Real Estate Land and Lakes Group
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%
Original Mortgage
$247,500
Outstanding Balance
$226,346
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$133,474

Purchase Details

Listed on
Feb 14, 2019
Closed on
Jul 22, 2019
Sold by
Henderson Mcclellan Investments Llc
Bought by
Kosin Properties Llc
Seller's Agent
Jenny Bledsoe
Trademark Real Estate, Inc.
Buyer's Agent
Beau Durbin
ESQ. Realty Group - Hot Springs
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.95%

Purchase Details

Closed on
Oct 9, 2015
Sold by
Henderson Don
Bought by
Henderson Mcclellan Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,550
Interest Rate
3.96%

Purchase Details

Closed on
Aug 30, 2010
Sold by
Henderson Valerie
Bought by
Henderson Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,100
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2008
Sold by
Not Provided
Bought by
Henderson Don and Henderson Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.15%

Purchase Details

Closed on
Jan 31, 2008
Sold by
Not Provided
Bought by
Henderson Don and Henderson Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.15%

Purchase Details

Closed on
Sep 13, 2004
Sold by
Not Provided
Bought by
Holmes James F and Holmes Bette

Purchase Details

Closed on
Nov 19, 2002
Sold by
Not Provided
Bought by
Cooper Bethany D & Bratley E and Van Hook

Purchase Details

Closed on
Apr 29, 1996
Sold by
Not Provided
Bought by
Chadick Mark B and Chadick Beverly A

Purchase Details

Closed on
Aug 23, 1994
Sold by
Not Provided
Bought by
Denson Joe Insurance Inc

Purchase Details

Closed on
Sep 29, 1992
Sold by
Not Provided
Bought by
Bryan Jackie D and Jones Scott

Purchase Details

Closed on
Nov 7, 1991
Sold by
Not Provided
Bought by
Home Federal Savings & Loan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $275,000 Lenders Title Company
Warranty Deed $190,000 Advantage Title & Escrow
Warranty Deed $169,500 Faulkner County Title Co
Quit Claim Deed -- Lenders Title
Warranty Deed $173,000 --
Warranty Deed $173,000 --
Bargain Sale Deed -- Lenders Title Company
Warranty Deed $133,000 --
Warranty Deed $107,000 --
Warranty Deed $87,000 --
Warranty Deed $74,000 --
Warranty Deed $49,999 --
Commissioners Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,500 New Conventional
Previous Owner $152,550 No Value Available
Previous Owner $137,100 New Conventional
Previous Owner $875,000 New Conventional
Previous Owner $138,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $310,000 0.0% $291 / Sq Ft
05/14/2025 05/14/25 Price Changed $2,250 0.0% $2 / Sq Ft
05/04/2025 05/04/25 Price Changed $305,000 +12100.0% $286 / Sq Ft
04/20/2025 04/20/25 Pending -- -- --
04/06/2025 04/06/25 Price Changed $2,500 0.0% $2 / Sq Ft
03/26/2025 03/26/25 Price Changed $379,900 +20.6% $357 / Sq Ft
03/17/2025 03/17/25 For Sale $315,000 +0.5% $296 / Sq Ft
03/14/2025 03/14/25 Sold $313,500 -0.5% $294 / Sq Ft
03/07/2025 03/07/25 For Sale $315,000 0.0% $296 / Sq Ft
02/25/2025 02/25/25 For Rent $3,000 0.0% --
02/18/2025 02/18/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $395,000 +16.2% $371 / Sq Ft
10/23/2024 10/23/24 For Sale $339,900 0.0% $319 / Sq Ft
10/23/2024 10/23/24 Off Market $339,900 -- --
10/23/2024 10/23/24 Off Market $313,500 -- --
07/29/2024 07/29/24 Price Changed $339,900 -5.6% $319 / Sq Ft
04/26/2024 04/26/24 Price Changed $359,900 +0.3% $338 / Sq Ft
04/26/2024 04/26/24 For Sale $359,000 -11.4% $337 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/23/2023 06/23/23 Sold $405,000 -5.8% $385 / Sq Ft
05/23/2023 05/23/23 For Sale $429,900 +16.2% $408 / Sq Ft
12/09/2022 12/09/22 Sold $370,000 +0.5% $351 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $368,000 +23.1% $349 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/01/2022 06/01/22 Sold $299,000 -0.3% $284 / Sq Ft
05/25/2022 05/25/22 Sold $300,000 0.0% $290 / Sq Ft
04/19/2022 04/19/22 For Sale $300,000 0.0% $290 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $299,900 -13.1% $285 / Sq Ft
03/18/2022 03/18/22 Sold $345,000 -3.9% $324 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $359,000 +29.6% $337 / Sq Ft
11/22/2021 11/22/21 Sold $277,000 -4.4% $260 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
09/27/2021 09/27/21 Price Changed $289,900 +1.9% $272 / Sq Ft
09/24/2021 09/24/21 Sold $284,500 -5.1% $270 / Sq Ft
09/03/2021 09/03/21 For Sale $299,900 0.0% $282 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $299,900 +33.3% $285 / Sq Ft
06/17/2021 06/17/21 Sold $225,000 -18.2% $211 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
04/30/2021 04/30/21 Sold $275,000 +10.4% $261 / Sq Ft
04/14/2021 04/14/21 For Sale $249,000 -9.5% $234 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $275,000 +44.7% $261 / Sq Ft
02/26/2021 02/26/21 Sold $190,000 -5.0% $178 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/31/2021 01/31/21 For Sale $199,900 +2.5% $188 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/24/2020 01/24/20 Sold $195,000 0.0% $183 / Sq Ft
01/06/2020 01/06/20 For Sale $195,000 +0.8% $183 / Sq Ft
12/30/2019 12/30/19 Sold $193,500 -7.9% $182 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/04/2019 12/04/19 Price Changed $210,000 -4.1% $197 / Sq Ft
09/13/2019 09/13/19 For Sale $219,000 +15.3% $206 / Sq Ft
08/12/2019 08/12/19 Sold $190,000 +9.2% $178 / Sq Ft
07/12/2019 07/12/19 Sold $174,000 -11.7% $165 / Sq Ft
05/24/2019 05/24/19 Price Changed $197,000 +9.7% $185 / Sq Ft
05/12/2019 05/12/19 For Sale $179,500 -10.3% $170 / Sq Ft
02/14/2019 02/14/19 For Sale $200,000 +24.6% $188 / Sq Ft
02/04/2019 02/04/19 Sold $160,500 -5.5% $151 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $169,900 -4.3% $160 / Sq Ft
09/14/2018 09/14/18 Sold $177,500 -4.0% $167 / Sq Ft
08/08/2018 08/08/18 For Sale $184,900 -2.2% $174 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/31/2018 05/31/18 Sold $189,000 -3.1% $179 / Sq Ft
04/23/2018 04/23/18 Sold $195,000 +2.6% $185 / Sq Ft
04/20/2018 04/20/18 For Sale $190,000 -2.6% $180 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $195,000 +25.8% $185 / Sq Ft
05/11/2016 05/11/16 Sold $155,000 -15.3% $147 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
01/17/2015 01/17/15 For Sale $183,000 +14.4% $174 / Sq Ft
12/19/2013 12/19/13 Sold $160,000 -7.5% $152 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $172,900 -- $164 / 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
2024 $2,692 $61,470 $0 $61,470
2023 $2,692 $61,470 $0 $61,470
2022 $2,692 $61,470 $0 $61,470
2021 $1,543 $34,920 $0 $34,920
2020 $1,367 $30,920 $0 $30,920
2019 $1,367 $30,920 $0 $30,920
2018 $1,367 $30,920 $0 $30,920
2017 $1,447 $30,920 $0 $30,920
2016 $1,401 $29,930 $0 $29,930
2015 $1,433 $32,430 $0 $32,430
2014 $1,433 $32,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25010257

Cooperative Arkansas REALTORS® MLS

APN: 028899