$289,900
UNDER CONTRACT $10K PRICE DROP

197 Catherine Heights Rd Hot Springs, AR 71901

Estimated payment $1,887/month

Total Views 10,909
3 Beds
2 Baths
1,542 Sq Ft
$188 Price per Sq Ft

Highlights

  • Gated Community
  • Lake View
  • River Nearby
  • Lakeside Primary School Rated A-
  • Lakefront Common Area
  • Community Lake

About This Home

Low-Maintenance Living in a Charming Lakeside Community Welcome to Spencer Springs, a private, gated neighborhood on the east side of Hot Springs offering a peaceful lifestyle with access to scenic walking paths leading to Lake Catherine. This quaint development consists of just 10 single-family homes, where each owner enjoys shared ownership of the beautifully maintained common areas—including manicured lawns, irrigation system, walking trails, and a serene pond with a water feature—all managed by the Property Owners Association (POA). It’s ideal for those who prefer low-maintenance living without sacrificing beauty or convenience. Built in 2022, this 3-bedroom, 2-bath home is one of the most efficient floor plans in the community, designed with smart space in mind. Enjoy step-free entry, a two-car garage, and a covered back porch with an added pergola that overlooks the turquoise pond—your own tranquil retreat. Inside, the home features a spacious living area with an electric fireplace, an open kitchen with adjoining informal dining space, and a walk-in pantry. The primary suite offers dual walk-in closets, a relaxing garden tub, and a walk-in shower.

Listing Agent

Jeff Kennedy

Hot Springs 1st Choice Realty Listed on: 07/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 2022

Lot Details

  • Private Streets
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Electric Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Range
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • River Nearby
  • Lakefront Common Area
  • Covered Patio or Porch

Schools

  • Lakeside Elementary And Middle School
  • Lakeside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 400-61080-002-000

Community Details

Overview

  • Other Mandatory Fees
  • On-Site Maintenance
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,161

Year Built

Built in 2022

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Guttering, Lawn Sprinkler, Covered Patio
  • Inside City Limits: Yes
  • Lake: Yes
  • Lake Name: Catherine
  • Legal 2: Block 1 Lot B
  • LVT Date: 07/28/2025
  • Road Surface: Paved
  • Street Designation: Road
  • Termite Company: Adams
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2022
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo, Breakfast Bar
  • Fireplace: Electric Logs
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, All Bedrooms Down, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1542
  • Bedrooms: 3
  • Floors: Tile, Luxury Vinyl
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar, Kit Counter- Granite Slab
  • Kitchen Equip: Built-In Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle
  • Waterfront: Ski Lake

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

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

Condo/Co-op/Association

  • Amenities: Mandatory Fee, Gated Entrance
  • Condo Association Fee: Grounds, Private Roads
  • Condo Association Fee: 540
  • Frequency: Quarter

Schools

  • Junior High: Lakeside

Green Features

  • Energy Features: Insulated Windows, Insulated Doors
  • Green Features: Low-E Windows

Lot Info

  • Lot: Level, Corner Lot, In Subdivision, River/Lake Area, Common To Lake
  • Geo Subdivision: AR
  • Parcel Number: 400-61080-002-000

Tax Info

  • Annual Taxes: 2161.49
  • Year: 2024

MLS Schools

  • Elementary School: Lakeside
  • HighSchool: Lakeside
  • Middle School: Lakeside

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,986 $56,830 $0 $56,830
2024 $2,052 $56,830 $0 $56,830
2023 $2,127 $56,830 $0 $56,830
2022 $2,552 $56,830 $0 $56,830
2021 $2,058 $45,420 $0 $45,420
2020 $1,683 $45,420 $0 $45,420
2019 $1,683 $45,420 $0 $45,420
2018 $1,708 $45,420 $0 $45,420
2017 $1,644 $45,420 $0 $45,420
2016 $1,706 $46,840 $0 $46,840
2015 $1,584 $46,840 $0 $46,840
2014 $1,934 $46,840 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2025 11/02/25 For Sale $380,000 +31.1% $201 / Sq Ft
10/03/2025 10/03/25 Price Changed $289,900 -3.3% $188 / Sq Ft
07/28/2025 07/28/25 For Sale $299,900 -12.4% $194 / Sq Ft
07/14/2025 07/14/25 Sold $342,500 +0.7% $159 / Sq Ft View Prior Sale
06/19/2025 06/19/25 Pending -- -- --
06/16/2025 06/16/25 Sold $340,000 -2.9% $185 / Sq Ft View Prior Sale
06/10/2025 06/10/25 Price Changed $350,000 -6.7% $163 / Sq Ft
05/19/2025 05/19/25 For Sale $375,000 +7.4% $174 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $349,000 -- $190 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $340,000 Hot Springs Title
Warranty Deed $340,000 Hot Springs Title
Warranty Deed $324,000 Lenders Title Company
Warranty Deed $324,000 Lenders Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $242,000 Professional Land Title
Warranty Deed $242,000 Professional Land Title
Warranty Deed $198,000 Hot Springs Title Company
Warranty Deed $187,500 Hot Springs Title Co Inc
Warranty Deed $30,000 --
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 New Conventional
Closed $272,000 New Conventional
Previous Owner $259,200 New Conventional
Previous Owner $182,000 New Conventional
Previous Owner $176,220 Adjustable Rate Mortgage/ARM
Previous Owner $178,125 New Conventional
Previous Owner $152,000 Unknown
Source: Public Records

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25029810

Cooperative Arkansas REALTORS® MLS

APN: 400-61080-004-000