NOT LISTED FOR SALE

189 Lake Hamilton Dr Hot Springs National Park, AR 71913

Estimated Value: $629,000 - $802,289

18 Beds
10 Baths
2,088 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $660,000 $316 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,374/month

149 Days on Market

Highlights

  • Lake Front
  • Deck
  • Central Heating and Cooling System
  • Community Lake
  • Bungalow

About This Home

As of August 2021

Invest in the growth of beautiful Hot Springs. Rare opportunity to own this lakeview property which includes 11 units that is a diamond in the rough in the heart of recreational Hot Springs. Experience the coziness of what feels like a vacation resort surrounded by mature trees and lake atmosphere, while being within walking distance to shopping, dining, entertainment and more. This is the best of what Hot Springs has to offer. The foundation is laid for an excellent investment opportunity!

Last Agent to Sell the Property

Robert Webb

Trademark Real Estate, Inc. Listed on: 03/24/2021

Trademark Real Estate, Inc.

Last Buyer's Agent

John Tutt

Crye-Leike REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,039

Year Built

  • Built in 1950

Lot Details

  • 2 Acre Lot
  • Lake Front
  • Property is zoned Commercial

Home Design

  • Bungalow
  • Combination Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,088 Sq Ft Home
  • Lake Views

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,039

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Bungalow/Cottage
  • Lake: Yes
  • Lake Name: Hamilton
  • LVT Date: 03/25/2021
  • Price Per Sq Ft: 316.09
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Pkg Single Family
  • Zoning: Commercial
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 654
  • Year Built: 1950

Interior Features

  • Foundation: Slab/Crawl Combination, Slab

Exterior Features

  • Exterior: Stucco
  • Roof: Composition
  • Exterior Features: Deck

Utilities

  • Heating And Air Cond: Central Cool-Electric, Window Units, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 2 acres
  • Lot: Lake View, Lake Front
  • Geo Subdivision: AR

Multi Family

  • Annual Expenses: 3039
  • Maximum Rent One Bedroom: 400
  • Maximum Rent Three Bedroom: 900
  • Maximum Rent Two Bedroom: 500
  • Minimum Rent One Bedroom: 400
  • Minimum Rent Three Bedroom: 900
  • Minimum Rent Two Bedroom: 500
  • Number Of One Bedroom Units: 2
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bedroom Units: 8
  • Number Units: 11

Tax Info

  • Annual Taxes: 3039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Aug 17, 2021
Sold by
Brkovic Rade and Brkovic Zorica
Bought by
Davidson Ryan and Davidson Jessica
Seller's Agent
Robert Webb
Trademark Real Estate, Inc.
Buyer's Agent
John Tutt
Crye-Leike REALTORS
List Price
$899,000
Sold Price
$660,000
Premium/Discount to List
-$239,000
-26.59%
Current Estimated Value
$736,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,322
Avg. Annual Appreciation
2.76%
Original Mortgage
$330,000
Outstanding Balance
$253,586
Interest Rate
2.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$482,736

Purchase Details

Closed on
Mar 15, 1990
Sold by
Not Provided
Bought by
Brkovic Rade and Brkovic Zorica
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davidson Ryan $660,000 Realty Title
Brkovic Rade $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Ryan $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Pending -- -- --
08/20/2021 08/20/21 Sold $660,000 0.0% $316 / Sq Ft
07/20/2021 07/20/21 Price Changed $660,000 -26.6% $316 / Sq Ft
03/24/2021 03/24/21 For Sale $899,000 -- $431 / 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 $4,431 $98,020 $17,500 $80,520
2023 $3,793 $83,910 $17,500 $66,410
2022 $3,793 $83,910 $17,500 $66,410
2021 $3,039 $66,500 $17,500 $49,000
2020 $3,039 $66,500 $17,500 $49,000
2019 $3,039 $66,500 $17,500 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Webb

    Seller's Agent in 2021

    Robert Webb

    Trademark Real Estate, Inc.

    (479) 502-9322

    46 Total Sales

    Robert Webb
    Section Image

  • J

    Buyer's Agent in 2021

    John Tutt

    Crye-Leike

    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21008480

Cooperative Arkansas REALTORS® MLS

APN: 300-09090-000

Arkansas Garland County Hot Springs National Park 71913

189 Lake Hamilton Dr, Hot Springs National Park, AR

This home is located at 189 Lake Hamilton Dr, Hot Springs National Park, AR 71913 since 24 March 2021 and is currently estimated at $736,322, approximately $352 per square foot. This property was built in 1950. 189 Lake Hamilton Dr is a home located in Garland County with nearby schools including Hot Springs World Class High School and First Lutheran Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes