NOT LISTED FOR SALE

196 Falcon Ridge Trail Hot Springs Village, AR 71909

Estimated Value: $229,299 - $356,000

3 Beds
3.5 Baths
2,442 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 17, 2018

Last sale price $175,000 $72 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,705/month

9 Days on Market

Highlights

  • 6.71 Acre Lot
  • Traditional Architecture
  • Tile Flooring
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System

About This Home

As of July 2018

Beautiful with a remote feel. New carpet and fresh paint. When you walk in you can make the room a game room, 4th bedroom or den with a full bathroom on this level. Go up the stairs to the kitchen, dining area/living room area with French doors out to the deck, master bedroom and master bath and a half bath. On the top floor are your other two bedrooms, a full bath and a sitting area. Survey on file.

Last Agent to Sell the Property

DuWayne Futch

Big Red Realty Listed on: 05/15/2018

Last Buyer's Agent

Angela Garrett

Hot Springs Village Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 2008

Lot Details

  • 6.71 Acre Lot
  • Rural Setting
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 2,442 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,478

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 05/17/2018
  • Road Surface: Gravel
  • Street Designation: Trail
  • Type: Detached
  • Estimated Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Dining Room: Living/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Primary Bedroom Apart, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 2442
  • Bedrooms: 3
  • Floors: Laminate, Tile, Vinyl, Carpet
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interiors: Water Heater-Electric, Smoke Detector(s)
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Surface Range, Dishwasher, Disposal
  • Other Rooms: Formal Living Room
  • Stories: Tri-Level

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 6.71
  • Estimated Lot Size: 6.710 Acres
  • Lot: Rural Property, Wooded
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Annual Taxes: 1478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jul 18, 2018
Sold by
Mcinnis Richard J and Mcinnis Sharon
Bought by
Alvarez Jonathan and Alvarez Erica
Seller's Agent
DuWayne Futch
Big Red Realty
Buyer's Agent
Angela Garrett
Hot Springs Village Real Estate
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
$297,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,075
Avg. Annual Appreciation
7.47%
Original Mortgage
$176,767
Outstanding Balance
$153,195
Interest Rate
4.5%
Estimated Equity
$143,880

Purchase Details

Closed on
Mar 7, 2009
Sold by
Viking Construction & Development Inc
Bought by
Melnnis Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.36%
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
Alvarez Jonathan $175,000 Hs Title
Melnnis Richard J $165,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Jonathan $176,767
Previous Owner Melnnis Richard J $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2018 07/17/18 Sold $175,000 -7.8% $72 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $189,900 -- $78 / 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 $1,673 $52,990 $5,930 $47,060
2024 $1,199 $52,990 $5,930 $47,060
2023 $1,200 $52,990 $5,930 $47,060
2022 $1,601 $52,990 $5,930 $47,060
2021 $1,528 $34,930 $4,180 $30,750
2020 $1,153 $34,930 $4,180 $30,750
2019 $1,103 $34,930 $4,180 $30,750
2018 $1,178 $34,930 $4,180 $30,750
2017 $1,478 $34,930 $4,180 $30,750
2016 $1,535 $36,280 $6,400 $29,880
2015 $1,535 $36,280 $6,400 $29,880
2014 $1,534 $36,280 $6,400 $29,880
Source: Public Records

Agents Affiliated with this Home

  • DuWayne Futch

    Seller's Agent in 2018

    DuWayne Futch

    Big Red Realty

    (501) 366-7966

    76 in this area

    92 Total Sales

    DuWayne Futch
    Section Image
  • Angela Garrett

    Buyer's Agent in 2018

    Angela Garrett

    Hot Springs Village Real Estate

    (501) 209-1243

    16 in this area

    34 Total Sales

    Angela Garrett
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18015560

Cooperative Arkansas REALTORS® MLS

APN: 100-03549-000

Arkansas Garland County Hot Springs Village 71909

196 Falcon Ridge Trail, Hot Springs Village, AR

Not Listed for Sale

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.

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