NOT LISTED FOR SALE

2 Palencia Ln Hot Springs Village, AR 71909

Estimated Value: $227,000 - $295,000

3 Beds
2 Baths
1,980 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $220,000 $111 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,639/month

83 Days on Market

Highlights

  • Golf Course Community
  • Wooded Lot
  • Great Room
  • Gated Community
  • Traditional Architecture
  • Community Pool

About This Home

As of September 2022

This is a nice home on a great lot. Lots of greenbelt. When you walk up to the front door you are greeted by a wonderful courtyard for early morning coffee or just enjoying the evening,Inside you will enter a large family room with dining area. It has a wood burning fireplace and wet bar. The primary bedroom has two large walk in closets, large bathroom with jetted tub and separate shower. Nice deck that looks into the woods for enjoying our great Arkansas evenings.Due to Estate sale there are few photos.

Last Agent to Sell the Property

Christine Durham

ERA TEAM Real Estate Listed on: 05/27/2022

Last Buyer's Agent

Janette Carter

Taylor Realty Group HSV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $667

Year Built

  • Built in 1986

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Great Room
  • Combination Dining and Living Room
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Crawl Space

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 200-49400-001-000

Community Details

Overview

  • Other Mandatory Fees

Amenities

  • Picnic Area

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Bike Trail

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$667

Year Built

Built in 1986

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Legal 2: Garland County, Arkansas 71909
  • LVT Date: 05/27/2022
  • Price Per Sq Ft: 111.11
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Estimated Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Dining Room: Eat-In Kitchen, Living/Dining Combo
  • Fireplace: Woodburning-Site-Built, Insert Unit
  • Bedrooms: All Bedrooms Down, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1980
  • Basement: Outside Access/Walk-Out
  • Bedrooms: 3
  • Floors: Tile, Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Wet Bar, Washer Connection, Dryer Connection-Electric
  • Kitchen Equip: Electric Range, Dishwasher, Disposal, Refrigerator-Stays
  • Other Rooms: Great Room
  • Stories: One Story

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Poa Water
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Security, Picnic Area, Mandatory Fee, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Condo Association Fee: 90
  • Frequency: Monthly

Lot Info

  • Estimated Lot Size: 0.35
  • Estimated Lot Size: 15231
  • Lot: Level, Wooded
  • Geo Subdivision: AR
  • Parcel Number: 200-49400-001-000

Tax Info

  • Annual Taxes: 666.85
  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 21, 2022
Sold by
Palinko Nora L
Bought by
Schaner Colton and Schaner Taylor
Seller's Agent
Christine Durham
ERA TEAM Real Estate
Buyer's Agent
Janette Carter
Taylor Realty Group HSV
List Price
$255,000
Sold Price
$220,000
Premium/Discount to List
-$35,000
-13.73%
Current Estimated Value
$255,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,826
Avg. Annual Appreciation
3.98%
Original Mortgage
$216,015
Outstanding Balance
$208,049
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$38,412

Purchase Details

Closed on
Jul 8, 2002
Sold by
Not Provided
Bought by
Palinko Richard N and Palinko Nora L

Purchase Details

Closed on
Aug 15, 1994
Sold by
Not Provided
Bought by
Fox Fred K and Fox Audrey M

Purchase Details

Closed on
Feb 8, 1991
Sold by
Not Provided
Bought by
Geppert Richard T Trustee and Geppert Richard T

Purchase Details

Closed on
Jan 1, 1901
Bought by
Geppert Richard T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schaner Colton $220,000 Advantage Title & Escrow
Palinko Richard N $140,000 --
Fox Fred K $150,000 --
Geppert Richard T Trustee -- --
Geppert Richard T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaner Colton $216,015
Previous Owner Palinko Richard N $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $220,000 -12.0% $111 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/23/2022 07/23/22 Price Changed $250,000 -2.0% $126 / Sq Ft
07/16/2022 07/16/22 For Sale $255,000 0.0% $129 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $255,000 -- $129 / 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 $1,862 $44,010 $200 $43,810
2023 $1,862 $44,010 $200 $43,810
2022 $1,042 $44,010 $200 $43,810
2021 $1,042 $25,830 $200 $25,630
2020 $667 $25,830 $200 $25,630
2019 $667 $25,830 $200 $25,630
2018 $692 $25,830 $200 $25,630
2017 $692 $25,830 $200 $25,630
2016 $692 $24,630 $200 $24,430
2015 $692 $24,630 $200 $24,430
2014 $691 $24,630 $200 $24,430
Source: Public Records

Agents Affiliated with this Home

  • Christine Durham

    Seller's Agent in 2022

    Christine Durham

    ERA TEAM Real Estate

    (870) 949-8852

    23 in this area

    120 Total Sales

    Section Image
  • Janette Carter

    Buyer's Agent in 2022

    Janette Carter

    Taylor Realty Group HSV

    (501) 545-5234

    103 in this area

    106 Total Sales

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22017653

Cooperative Arkansas REALTORS® MLS

APN: 060241

Arkansas Garland County Hot Springs Village 71909

2 Palencia Ln, Hot Springs Village, AR

This home is located at 2 Palencia Ln, Hot Springs Village, AR 71909 since 27 May 2022 and is currently estimated at $255,826, approximately $129 per square foot. This property was built in 1986. 2 Palencia Ln is a home located in Garland County with nearby schools including Jessieville Elementary School, Jessieville Middle School, and Jessieville High 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.

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