NOT LISTED FOR SALE

21 Madrid Ln Hot Springs Village, AR 71909

Estimated Value: $236,000 - $280,000

2 Beds
2 Baths
1,807 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $110,000 $61 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,480/month

Highlights

  • Golf Course Community
  • Lake View
  • Deck
  • Gated Community
  • Clubhouse
  • Wooded Lot

About This Home

As of January 2017

One level rock and frame traditional style home nestled on a quiet cul-de-sac with a winter view of the Lake Desoto. Property is conveniently located within the gated community of Hot Springs Village. Home features 2 bedrooms, 2 full bathrooms, WBFP, central heat, central cool, attached 1 car garage, rear deck, patio and approximately 272 sq. ft. finished basement. HUD Case #031-417847, FHA Financing: IE (Insured Escrow). Property is sold in as is condition, no warranties, guarantees or representations.

Last Agent to Sell the Property

Tom Shelton

Trademark Real Estate, Inc. License #AB00001666 Listed on: 12/13/2016

Trademark Real Estate, Inc.

Last Buyer's Agent

Beth Graves

McGraw Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1980

Lot Details

  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Wooded Lot

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture
  • Wallpaper
  • Architectural Shingle Roof

Interior Spaces

  • 1,807 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Separate Formal Living Room
  • Dining Room
  • Lake Views
  • Basement
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Madrid Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse
  • Party Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,058

Year Built

Built in 1980

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential Single Family
  • Style: Traditional
  • Subdivision: Madrid
  • Directions: From AR-7 / N Highway 7 turn right onto DeSoto Blvd, turn left onto Calella Rd, turn right onto S Pego Way, turn right onto Santa Maria Rd, turn right onto Madrid Way, turn left onto Madrid Ln.
  • Price Per Sq Ft: 60.87
  • Source Of Sq Ft: Appraisal
  • Warranty: As-Is, Prsnt Cnd at Clsng
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Floors: Carpet, Vinyl
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-in Shower, Built-Ins, Ceiling Fan(s), Master Bedroom w/Bath
  • Stories: One Story
  • Fireplace: Woodburning - Site-Built
  • Number of Bedrooms: 2
  • Full Bathrooms: 2
  • Dining Area: Separate Dining Room
  • Other Rooms: Formal Living Room, Den/Family Room, Basement
  • Estimated Sq Ft: 1807
  • Estimated Year Built: 1980
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Disposal
  • Walls: Sheet Rock, Wallpaper

Exterior Features

  • Exterior Features: Patio, Deck, Porch
  • Road Surface: Paved
  • Roof: Architectural Shingle
  • Waterfront: Lake View
  • Foundation: Crawl Space

Garage/Parking

  • Parking: One Car

Utilities

  • Heating Air Conditioning: Central Cool - Electric, Central Heat - Electric
  • Utilities: POA Water

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Clubhouse, Security, Party Room, Picnic Area, Mandatory Fee, Marina, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Condo Association Fee: 65
  • Association Condo Fee Type: Private Roads, Entrance Security
  • Frequency: Monthly

Schools

  • School District: Jessieville

Lot Info

  • Geo Subdivision: AR
  • Lot: Sloped, Level, Cul-de-sac, Wooded, Extra Landscaping, In Subdivision

Tax Info

  • Estimated Annual Taxes: 1058.34
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2016
Closed on
Jan 20, 2017
Sold by
Secretary Of Hud Of Washington D C
Bought by
Ringer Marinelle C
Seller's Agent
Tom Shelton
Trademark Real Estate, Inc.
Buyer's Agent
Beth Graves
McGraw Realtors
Sold Price
$110,000
Current Estimated Value
$261,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,018
Avg. Annual Appreciation
10.29%
Original Mortgage
$93,500
Interest Rate
4.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 3, 2016
Sold by
Carrington Mortgage Services Llc
Bought by
Hud

Purchase Details

Closed on
Jul 7, 2016
Sold by
Myer Lloyd W and Myer Anna R
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Jun 26, 2008
Sold by
Barrett Tommy G
Bought by
Myer Lloyd W and Myer Anna Rr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,450
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2005
Sold by
Barrett Tommy G
Bought by
Barrett Tommy G and Barrett Family Trust

Purchase Details

Closed on
Sep 27, 1994
Sold by
Not Provided
Bought by
Barrett Agree Fam Trust and Barrett Tommy G

Purchase Details

Closed on
Feb 3, 1993
Sold by
Not Provided
Bought by
Barrett Tommy G and Barrett Priscilla
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
Ringer Marinelle C -- Proland Title Company
Hud -- --
Carrington Mortgage Services Llc $109,707 None Available
Myer Lloyd W $165,000 Lenders Title Company
Barrett Tommy G -- None Available
Barrett Agree Fam Trust -- --
Barrett Tommy G $124,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ringer Marinelle C $93,500
Previous Owner Myer Lloyd W $162,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $110,000 -- $61 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
Source: Hot Springs Board of REALTORS®

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 $508 $46,090 $400 $45,690
2024 $592 $46,090 $400 $45,690
2023 $667 $46,090 $400 $45,690
2022 $1,092 $46,090 $400 $45,690
2021 $1,092 $25,820 $1,000 $24,820
2020 $717 $25,820 $1,000 $24,820
2019 $717 $25,820 $1,000 $24,820
2018 $742 $25,820 $1,000 $24,820
2017 $742 $25,820 $1,000 $24,820
2016 $708 $25,020 $200 $24,820
2015 $708 $25,020 $200 $24,820
2014 $708 $25,020 $200 $24,820
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tom Shelton

    Trademark Real Estate, Inc.

    (501) 622-8332

    7 in this area

    50 Total Sales

    Tom Shelton
    Section Image
  • Beth Graves

    Buyer's Agent in 2017

    Beth Graves

    McGraw Realtors

    (501) 620-6043

    62 in this area

    108 Total Sales

    Beth Graves
    Section Image
See All Agents

Map

Source: Hot Springs Board of REALTORS®

MLS Number: 116423

Hot Springs Board of REALTORS®

APN: 200-42250-050-000

Arkansas Garland County Hot Springs Village 71909

21 Madrid Ln, Hot Springs Village, AR

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.

Hot Springs Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

Nearby Homes