NOT LISTED FOR SALE

27 Madrid Way Hot Springs Village, AR 71909

Estimated Value: $274,171 - $314,000

3 Beds
3 Baths
1,860 Sq Ft
$157/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $270,000 $145 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,769/month

Highlights

  • Marina
  • Golf Course Community
  • Gated Community
  • Private Dock
  • Resort Property
  • Lake View

About This Home

As of July 2022

AGENTS SEE REMARKS! A RARE FIND!! LAKE VIEW, COMMON TO THE LAKE, WITH "PRIVATE" DOCK WITHOUT LAKE FRONT PRICE! WALK OUT YOUR BACK DOOR TO YOUR OWN DOCK! NOT ONLY THAT, IT'S SELLING MOSTLY FURNISHED AND HAS A WHOLE HOUSE GENERATOR!! THIS 3 BR & 3 FULL BA HOME HAS AR ROOM, VINYL SIDING, FENCED BACK YARD, LEVEL DRIVE, & 2 CAR GARAGE! THIS IS THE BEST DEAL OUT THERE!! MOVE IN, USE FOR RENTAL OR VACATION HOME! DON'T LET IT GET AWAY!!!

Last Agent to Sell the Property

Sandra Carle

Hot Springs Village Real Estate Listed on: 05/07/2022

Last Buyer's Agent

Kelsey Lane

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $431

Year Built

  • Built in 1985

Lot Details

  • 0.25 Acre Lot
  • Private Streets
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Wallpaper
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wired For Data
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Two Story Entrance Foyer
  • Open Floorplan
  • Bonus Room
  • Sun or Florida Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Private Dock
  • Docks
  • Lakefront Common Area
  • Patio
  • Porch

Schools

  • Jessieville Elementary And Middle School
  • Jessieville High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Power Generator
  • Propane
  • Electric Water Heater
  • Shared Sewer
  • Phone Available
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • Other Mandatory Fees
  • Resort Property

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Party Room

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$431

Year Built

Built in 1985

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Restrictions: Covenants, Deed Restrictions, Survey Restrictions
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Partially Fenced, Guttering, Boat Dock, Chain Link
  • LVT Date: 05/07/2022
  • Road Surface: Paved
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Kitchen/Dining Combo, Living/Dining Combo
  • Fireplace: Gas Starter, Gas Logs Present, Glass Doors
  • Bedrooms: Guest Bedroom Apart, Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1860
  • Basement: Cooled, Heated, Inside Access, Outside Access/Walk-Out, Partially Finished
  • Bedrooms: 3
  • Floors: Tile, Carpet
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Furnished, Wired For Highspeed Inter
  • Kitchen Equip: Built-In Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays
  • Other Rooms: Sun Room, Bonus Room, Laundry, Basement
  • Stories: 2 Story Entry & Lower, Two Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock, Vault Ceiling, Wallpaper

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Architectural Shingle
  • Waterfront: Dock, Dock Private, Ski Lake

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Propane/Butane, Tv-Cable, Tv-Antenna, Tv-Satellite Dish, Telephone-Private, All Underground, Tank Owned Other, Poa Water, Community Sewer
  • Heat Air: Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Sauna, Playground, Clubhouse, Security, Party Room, Picnic Area, Mandatory Fee, Marina, Hot Tub, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Condo Association Fee: Entrance Security, Private Roads
  • Condo Association Fee: 90
  • Frequency: Monthly

Schools

  • Junior High: Jessieville

Lot Info

  • Estimated Lot Size: 0.25
  • Estimated Lot Size: 88X124X60X133
  • Lot: Sloped, Level, Resort Property, In Subdivision, Lake View, Down Slope, Common To Lake
  • Geo Subdivision: AR

Green Features

  • Energy Features: Generator, Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 431
  • Year: 2021

MLS Schools

  • Elementary School: Jessieville
  • HighSchool: Jessieville
  • Middle School: Jessieville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Oct 6, 2021
Sold by
Davidson Tommy L and Davidson Malacha R
Bought by
Summers Mark Edward
Seller's Agent
Sandra Carle
Hot Springs Village Real Estate
Buyer's Agent
Sandra Carle
Hot Springs Village Real Estate
List Price
$249,900
Sold Price
$235,500
Premium/Discount to List
-$14,400
-5.76%
Current Estimated Value
$291,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,293
Avg. Annual Appreciation
5.43%
Original Mortgage
$214,700
Outstanding Balance
$195,361
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,432

Purchase Details

Closed on
Oct 5, 2020
Sold by
Slater Darlene Y and Slater Bernard G
Bought by
Davidson Tommy L and Davidson Malacha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1994
Sold by
Not Provided
Bought by
Slater Bernard G and Slater Darlene Y

Purchase Details

Closed on
Apr 1, 1989
Bought by
Lindahl Wesley B and Lindahl Ruth M
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
Summers Mark Edward $235,500 Hs Title
Davidson Tommy L $164,900 Hs Title
Slater Bernard G $104,000 --
Lindahl Wesley B $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Mark Edward $214,700
Previous Owner Davidson Tommy L $164,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $270,000 0.0% $145 / Sq Ft
05/07/2022 05/07/22 Price Changed $269,900 +8.0% $145 / Sq Ft
05/07/2022 05/07/22 For Sale $249,900 +6.1% $134 / Sq Ft
10/08/2021 10/08/21 Sold $235,500 -5.8% $127 / Sq Ft View Prior Sale
09/07/2021 09/07/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $249,900 -- $134 / 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 $1,729 $40,300 $1,380 $38,920
2024 $1,705 $40,300 $1,380 $38,920
2023 $1,705 $40,300 $1,380 $38,920
2022 $1,705 $40,300 $1,380 $38,920
2021 $905 $21,400 $1,100 $20,300
2020 $431 $21,400 $1,100 $20,300
2019 $431 $21,400 $1,100 $20,300
2018 $431 $21,400 $1,100 $20,300
2017 $456 $21,400 $1,100 $20,300
2016 $456 $20,520 $220 $20,300
2015 $456 $20,520 $220 $20,300
2014 $456 $19,059 $200 $18,859
Source: Public Records

Agents Affiliated with this Home

  • Sandra Carle

    Seller's Agent in 2022

    Sandra Carle

    Hot Springs Village Real Estate

    (501) 984-2180

    98 in this area

    99 Total Sales

    Sandra Carle
    Section Image

  • K

    Buyer's Agent in 2022

    Kelsey Lane

    Epique Realty

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22014912

Cooperative Arkansas REALTORS® MLS

APN: 200-42250-002-000

Arkansas Garland County Hot Springs Village 71909

27 Madrid Way, 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.

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