NOT LISTED FOR SALE

223 Tahoe Terrace Royal, AR 71968

Estimated Value: $202,000 - $346,000

2 Beds
2 Baths
1,330 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $185,000 $139 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,698/month

124 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Deck
  • Lake Hamilton Elementary School Rated 9+
  • Community Lake
  • Traditional Architecture

About This Home

As of July 2023

Looking for a peaceful and serene retreat to call your own? Look no further than this stunning lakefront property! Nestled on the shores of Lake Hamilton, this beautiful home boasts breathtaking views of the water from every room. With a spacious and open floor plan, this property is perfect for entertaining guests or enjoying quiet nights in. Home features 3 car garage, two boat covered boat slips. 2 bedrooms/2 bath. Loft over garage can easily be converted into apartment. Book your showing today! *Agents see remarks

Last Agent to Sell the Property

Carla Thomas

Prime Realty and Property Management Listed on: 03/29/2023

Last Buyer's Agent

George Walker

ERA Team

ERA Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • Lake Front
  • Sloped Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Stove
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Outdoor Features

  • Boathouse
  • Deck
  • Shop
  • Porch

Utilities

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

Community Details

Overview

  • Community Lake

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 1965

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Porch, Shop
  • Lake: Yes
  • LVT Date: 03/29/2023
  • Road Surface: Paved
  • Street Designation: Terrace
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv
  • Estimated Sq Ft: 1330
  • Bedrooms: 2
  • Floors: Carpet, Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Water Heater-Electric, Ceiling Fan(s), Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Refrigerator-Stays
  • Other Rooms: Formal Living Room, Unfinished Space
  • Stories: One Story

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Composition
  • Waterfront: Boat House

Garage/Parking

  • Parking: Three Car

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground
  • Condo Association Fee: 40
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 0.25
  • Estimated Lot Size: .25 acres
  • Lot: Sloped, Lake Front
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 2533.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jul 31, 2023
Sold by
Meux Living Trust and Marital Trust
Bought by
Royal Ventures Llc
Seller's Agent
Carla Thomas
Prime Realty and Property Management
Buyer's Agent
George Walker
ERA Team
List Price
$359,900
Sold Price
$185,000
Premium/Discount to List
-$174,900
-48.6%
Views
62
Current Estimated Value
$268,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,019
Avg. Annual Appreciation
17.91%

Purchase Details

Closed on
Nov 12, 2013
Sold by
Meux Shirley and Meux Edward Lee
Bought by
Meux Shirley Ann

Purchase Details

Closed on
May 11, 1988
Bought by
Meux Edward L and Meux Shirley A
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
Royal Ventures Llc $185,000 Garland County Title
Meux Shirley Ann -- None Available
Meux Edward L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $185,000 -43.1% $139 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $325,000 -9.7% $244 / Sq Ft
03/29/2023 03/29/23 For Sale $359,900 -- $271 / 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 $3,425 $77,140 $37,500 $39,640
2024 $3,379 $77,140 $37,500 $39,640
2023 $2,739 $77,140 $37,500 $39,640
2022 $2,581 $77,140 $37,500 $39,640
2021 $2,373 $52,320 $31,000 $21,320
2020 $2,220 $51,880 $30,560 $21,320
2019 $1,997 $51,880 $30,560 $21,320
2018 $1,843 $51,880 $30,560 $21,320
2017 $1,690 $51,880 $30,560 $21,320
2016 $1,533 $31,470 $13,500 $17,970
2015 $1,391 $31,470 $13,500 $17,970
2014 $1,390 $31,470 $13,500 $17,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23009071

Cooperative Arkansas REALTORS® MLS

APN: 200-63750-001-000