NOT LISTED FOR SALE

16 Innovacion Ln Hot Springs Village, AR 71909

Estimated Value: $566,000 - $681,000

4 Beds
3.5 Baths
3,044 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $313,000 $103 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,497/month

16 Days on Market

Highlights

  • Marina
  • Gated Community
  • 0.75 Acre Lot
  • Golf Course Community
  • Golf Course View
  • Clubhouse

About This Home

As of August 2014

Ask for it, you got it! This stately home has it all! Over-sized, mostly level lot on Isabella II Golf Course. Open concept, volume ceilings, wood burning fireplace, central vac & roomy kitchen w/granite, breakfast bar, double oven, walk-in pantry, appliance garage & large island w/downdraft cooktop. Lg master suite has everything you need. Low maint. hardie board & brick siding, 3-car garage, lg easy to maneuver driveway & lg covered/uncovered patio. Bonus room and bath of 487 sq ft upstairs not in sq ft!

Last Agent to Sell the Property

Susie Burns

RE/MAX of Hot Springs Village Listed on: 04/30/2014

RE/MAX of Hot Springs Village

Last Buyer's Agent

Randall Bussone

Hot Springs Village Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 2004

Lot Details

  • 0.75 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot

HOA Fees

  • $37 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Architectural Shingle Roof

Interior Spaces

  • 3,044 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-in Bookshelves
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Golf Course Views
  • Finished Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Schools

  • Fountain Lake Elementary And Middle School
  • Fountain Lake High School

Utilities

  • Heat Pump System
  • Co-Op Electric
  • Electric Water Heater
  • Shared Sewer

Community Details

Overview

  • Other Mandatory Fees
  • Golf Course: Isabella II

Amenities

  • Picnic Area
  • Clubhouse
  • Party Room

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,228

Year Built

Built in 2004

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Deck, Partially Fenced, Guttering
  • Golf: Yes
  • Golf Course: Isabella II
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Estimated Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Separate Dining Room, Eat-In Kitchen, Separate Breakfast Rm, Breakfast Bar
  • Fireplace: Woodburning-Site-Built, Blowers
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Primary Bedroom Apart, 4 Bedrooms Same Level
  • Estimated Sq Ft: 3044
  • Bedrooms: 4
  • Floors: Carpet, Wood, Tile
  • Foundation: Slab
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interiors: Washer-Stays, Dryer-Stays, Water Heater-Electric, Central Vacuum, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Double Oven, Electric Range, Dishwasher, Trash Compactor, Pantry, Refrigerator-Stays
  • Other Rooms: Office/Study, Bonus Room, Laundry
  • Stories: One Story, Finished Attic

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Three Car, Auto Door Opener, Side Entry

Utilities

  • Utilities: Electric-Co-Op, Poa Water, Community Sewer
  • Heat Air: Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Clubhouse, Party Room, Picnic Area, Mandatory Fee, Marina, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Condo Association Fee: 36.68
  • Frequency: Monthly

Schools

  • Junior High: Fountain Lake

Lot Info

  • Estimated Lot Size: 0.75
  • Estimated Lot Size: 106x143x253x93x272
  • Lot: Sloped, Level, Golf Course Frontage, Wooded
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 3228.48
  • Year: 2013

MLS Schools

  • Elementary School: Fountain Lake
  • HighSchool: Fountain Lake
  • Middle School: Fountain Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2014
Closed on
Aug 4, 2014
Bought by
Trull
Seller's Agent
Susie Burns
RE/MAX of Hot Springs Village
Buyer's Agent
Randall Bussone
Hot Springs Village Real Estate
List Price
$329,500
Sold Price
$313,000
Premium/Discount to List
-$16,500
-5.01%
Current Estimated Value
$610,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,993
Avg. Annual Appreciation
6.10%
Original Mortgage
$250,400
Outstanding Balance
$191,016
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$419,977

Purchase Details

Listed on
Apr 30, 2014
Closed on
Aug 1, 2014
Bought by
Trull
Seller's Agent
Susie Burns
RE/MAX of Hot Springs Village
Buyer's Agent
Randall Bussone
Hot Springs Village Real Estate
List Price
$329,500
Sold Price
$313,000
Premium/Discount to List
-$16,500
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Outstanding Balance
$191,016
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$419,977

Purchase Details

Listed on
May 13, 2013
Closed on
Jan 14, 2014
Sold by
Faulk Candias R
Bought by
Nations Wilbur F and Nations Elizabeth H
Seller's Agent
Jane Hollansworth
RE/MAX of Hot Springs Village
Buyer's Agent
Ray Clem
RE/MAX of Hot Springs Village
List Price
$379,000
Sold Price
$290,000
Premium/Discount to List
-$89,000
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.18%
Original Mortgage
$232,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
Faulk Danny J and Faulk Candias R
Bought by
Faulk Danny J and Faulk Candias R

Purchase Details

Closed on
Jul 21, 2003
Bought by
Faulk
Source: Public Records

Range of Values:

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Average Value
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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
Trull $313,000 --
Trull $313,000 --
Nations Wilbur F -- Security Title
Faulk Danny J -- None Available
Faulk $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trull $250,400
Previous Owner Nations Wilbur F $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2014 08/01/14 Sold $313,000 -5.0% $103 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $329,500 +13.6% $108 / Sq Ft
01/17/2014 01/17/14 Sold $290,000 -23.5% $82 / Sq Ft View Prior Sale
12/18/2013 12/18/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $379,000 -- $107 / 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 $2,950 $87,725 $15,800 $71,925
2024 $2,950 $87,725 $15,800 $71,925
2023 $2,525 $87,725 $15,800 $71,925
2022 $2,575 $87,725 $15,800 $71,925
2021 $2,575 $66,290 $7,000 $59,290
2020 $2,575 $66,290 $7,000 $59,290
2019 $2,575 $66,290 $7,000 $59,290
2018 $2,600 $66,290 $7,000 $59,290
2017 $2,600 $66,290 $7,000 $59,290
2016 $3,228 $72,550 $7,000 $65,550
2015 $3,221 $72,550 $7,000 $65,550
2014 $3,228 $72,550 $7,000 $65,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10385303

Cooperative Arkansas REALTORS® MLS

APN: 471-00146-000