1662 Hobson Ave Hot Springs, AR 71913
4
Beds
4
Baths
2,232
Sq Ft
0.67
Acres
Highlights
- Traditional Architecture
- Patio
- Forced Air Zoned Heating and Cooling System
- Breakfast Bar
- Tile Flooring
- 1-Story Property
About This Home
As of March 2018Tenants Pay Mortgage while you collect the rents on this brick & vinyl siding duplex in a prime rental area close to downtown. The low-maintenance duplex built in 2009 has been well-maintained with many updates in 2011, including a new 3 tab roof, new heat & a/c unit with heat pump, new flooring, new appliances and new hot water tanks. Average rental rates around $700/month per side. There's even enough space to build another duplex on the .67 acre lot.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,294
Year Built
- Built in 2009
Lot Details
- 0.67 Acre Lot
- Partially Fenced Property
- Wood Fence
- Level Lot
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Pitched Roof
- Composition Roof
- Metal Siding
Interior Spaces
- 2,232 Sq Ft Home
- 1-Story Property
- Sheet Rock Walls or Ceilings
- Ceiling Fan
- Insulated Windows
- Insulated Doors
- Fire and Smoke Detector
- Washer Hookup
Kitchen
- Breakfast Bar
- Electric Range
- Stove
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Carpet
- Tile
Parking
- Carport
- Parking Pad
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Hot Springs Elementary And Middle School
- Hot Springs High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2018
Closed on
Mar 19, 2018
Sold by
Carrington Realty Llc
Bought by
Wodruff Larry Shane and Larry Shane Woodrufff Living Trust
Seller's Agent
Jeff Kennedy
Hot Springs 1st Choice Realty
Buyer's Agent
Jeff Kennedy
Hot Springs 1st Choice Realty
Sold Price
$138,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,903
Avg. Annual Appreciation
8.02%
Original Mortgage
$103,875
Outstanding Balance
$90,162
Interest Rate
4.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$155,638
Purchase Details
Closed on
Oct 20, 2011
Sold by
Cross Jeffrey L and Cross Melanie
Bought by
Carrington Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.17%
Purchase Details
Closed on
Jun 20, 2005
Sold by
Not Provided
Bought by
J & J Property Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
5.83%
Purchase Details
Closed on
Jun 2, 2005
Sold by
Baker Doyle and Baker Beverly
Bought by
Piublemeier Jeremie R and Bettis John Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
5.83%
Similar Home in Hot Springs, AR
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $138,500 | Garland County Title Co | |
| Warranty Deed | $100,000 | Garland County Title Company | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $20,000 | Garland County Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $103,875 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $30,000 | No Value Available | |
| Previous Owner | $40,521 | No Value Available | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $15,875 | No Value Available | |
| Previous Owner | $18,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2018 03/19/18 | Sold | $138,500 | 0.0% | $62 / Sq Ft |
| 03/19/2018 03/19/18 | Sold | $138,500 | -7.6% | $62 / Sq Ft |
| 02/15/2018 02/15/18 | Pending | -- | -- | -- |
| 02/08/2018 02/08/18 | For Sale | $149,900 | 0.0% | $67 / Sq Ft |
| 12/27/2017 12/27/17 | Pending | -- | -- | -- |
| 02/02/2017 02/02/17 | For Sale | $149,900 | -- | $67 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
Tax History Compared to Growth
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 | $1,294 | $36,050 | $2,850 | $33,200 |
| 2023 | $1,195 | $36,050 | $2,850 | $33,200 |
| 2022 | $1,095 | $36,050 | $2,850 | $33,200 |
| 2021 | $1,007 | $22,030 | $2,500 | $19,530 |
| 2020 | $1,007 | $22,030 | $2,500 | $19,530 |
| 2019 | $1,007 | $22,030 | $2,500 | $19,530 |
| 2018 | $1,007 | $22,030 | $2,500 | $19,530 |
| 2017 | $1,064 | $22,030 | $2,500 | $19,530 |
| 2016 | $1,001 | $24,240 | $2,400 | $21,840 |
| 2015 | $1,001 | $24,240 | $2,400 | $21,840 |
| 2014 | $1,001 | $24,240 | $2,400 | $21,840 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Kennedy
Seller's Agent in 2018
Jeff Kennedy
Hot Springs 1st Choice Realty
(501) 655-6247
198 Total Sales
Map
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 17003323
APN: 400-71200-082-000
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