NOT LISTED FOR SALE

Estimated Value: $177,000 - $409,000

2 Beds
2 Baths
1,124 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $185,000 $165 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,404/month

84 Days on Market

Highlights

  • Lake View
  • Deck
  • Home Office
  • Lake Hamilton Elementary School Rated 9+
  • Stream or River on Lot
  • Porch

About This Home

As of November 2022

This precious cottage offers both lake views and subdivision lake access! Sellers have refreshed the cottage for both form and function, including NEW: Metal Roof, Exterior & Interior Paint, Windows, Variety of Fixtures, Butcherblock Countertops And More. There is an office/flex space in the cottage PLUS an ancillary building to use however you please. Subdivision Lake Access is just across the street. Fish, kayak, picnic, you name it! Enjoy lake life without the lake price! *Investors, outside city limits.

Last Agent to Sell the Property

Kelly O'Dwyer

CBRPM Hot Springs Listed on: 08/29/2022

Co-Listed By

Joan O'Dwyer

CBRPM Hot Springs

Last Buyer's Agent

Nancy Bergeron

Keller Williams Realty Hot Springs

Keller Williams Realty Hot Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $778

Year Built

  • Built in 1968

Lot Details

  • 6,171 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Cleared Lot

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Bungalow
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,124 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Home Office
  • Lake Views
  • Crawl Space
  • Washer Hookup

Kitchen

  • Electric Range
  • Stove

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Porch

Schools

  • Lake Hamilton Elementary And Middle School
  • Lake Hamilton High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 200-01500-043-000

Community Details

Overview

  • Voluntary home owners association
  • On-Site Maintenance

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$778

Year Built

Built in 1968

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Deck, Porch, Partially Fenced, Guttering, Shop, Chain Link
  • LVT Date: 10/03/2022
  • Price Per Sq Ft: 164.59
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Detached
  • Estimated Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: Primary Bedroom Apart, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1124
  • Bedrooms: 2
  • Floors: Tile, Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Window Treatments, Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Electric Range, Refrigerator-Stays
  • Other Rooms: Office/Study
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding, Block
  • Roof: Metal

Garage/Parking

  • Parking: Parking Pads

Utilities

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

Condo/Co-op/Association

  • Amenities: Picnic Area, Voluntary Fee
  • Condo Association Fee: Grounds
  • Condo Association Fee: 25
  • Frequency: Annual

Schools

  • Elementary School: Lake Hamilton
  • Middle School: Lake Hamilton
  • High School: Lake Hamilton
  • Junior High: Lake Hamilton

Lot Info

  • Estimated Lot Size: 0.14
  • Estimated Lot Size: 6171
  • Lot: Sloped, Level, Cleared, River/Lake Area, Lake View
  • Geo Subdivision: AR
  • Parcel Number: 200-01500-043-000

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 778
  • Year: 2021

MLS Schools

  • Elementary School: Lake Hamilton
  • HighSchool: Lake Hamilton
  • Middle School: Lake Hamilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Nov 22, 2022
Sold by
Rivera Miguel and Rivera Josefina
Bought by
Lamm Thomas E
Seller's Agent
Kelly O'Dwyer
CBRPM Hot Springs
Buyer's Agent
Nancy Bergeron
Keller Williams Realty Hot Springs
List Price
$199,500
Sold Price
$185,000
Premium/Discount to List
-$14,500
-7.27%
Views
3
Current Estimated Value
$249,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,033
Avg. Annual Appreciation
11.37%

Purchase Details

Listed on
Aug 29, 2022
Closed on
Nov 18, 2022
Sold by
Mckinney Family Trust
Bought by
Corley Betty and Colgrove Joseph M
Seller's Agent
Kelly O'Dwyer
CBRPM Hot Springs
Buyer's Agent
Nancy Bergeron
Keller Williams Realty Hot Springs
List Price
$199,500
Sold Price
$185,000
Premium/Discount to List
-$14,500
-7.27%
Views
3

Purchase Details

Closed on
Sep 19, 2019
Sold by
Muncan George and Muncan Daina
Bought by
Rivera Miguel and Rivera Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
7.75%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 28, 2015
Sold by
Georgescu George and Georgescu Ioana
Bought by
Muncan George

Purchase Details

Closed on
Dec 12, 2012
Sold by
Muncan Jon
Bought by
Georgescu George and Georgescu Ioana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,304
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Not Provided
Bought by
Muncan Jon

Purchase Details

Closed on
Feb 11, 2005
Sold by
Not Provided
Bought by
Muncan Jon

Purchase Details

Closed on
Jun 14, 2004
Sold by
Not Provided
Bought by
Citifinancial Mtg Co Inc

Purchase Details

Closed on
May 21, 1997
Sold by
Not Provided
Bought by
Mcnelly Scott and Mcnelly Karen

Purchase Details

Closed on
Jan 1, 1901
Bought by
Gentry Edward E and 3450 Airport Rd
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
Lamm Thomas E $185,000 Advantage Title & Escrow
Lamm Thomas E $185,000 Advantage Title & Escrow
Corley Betty $500,000 Garland County Title
Corley Betty $500,000 Garland County Title
Rivera Miguel $92,500 Hot Springs Title Co Inc
Muncan George -- None Available
Georgescu George $13,000 Hot Springs Title Company In
Muncan Jon $53,000 --
Muncan Jon $53,000 --
Citifinancial Mtg Co Inc -- --
Mcnelly Scott -- --
Gentry Edward E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Miguel $42,500
Previous Owner Rivera Miguel $42,500
Previous Owner Georgescu George $10,304
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Pending -- -- --
11/21/2022 11/21/22 Sold $185,000 -5.1% $165 / Sq Ft
11/07/2022 11/07/22 Price Changed $195,000 -2.3% $173 / Sq Ft
08/29/2022 08/29/22 For Sale $199,500 -- $177 / 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 $541 $23,760 $1,000 $22,760
2023 $616 $23,760 $1,000 $22,760
2022 $911 $23,760 $1,000 $22,760
2021 $847 $16,000 $750 $15,250
2020 $847 $16,000 $750 $15,250
2019 $707 $16,000 $750 $15,250
2018 $657 $16,000 $750 $15,250
2017 $602 $16,000 $750 $15,250
2016 $547 $12,380 $880 $11,500
2015 $547 $12,380 $880 $11,500
2014 $547 $12,380 $880 $11,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22033182

Cooperative Arkansas REALTORS® MLS

APN: 200-01500-043-000