NOT LISTED FOR SALE

Estimated Value: $579,000 - $627,000

4 Beds
3.5 Baths
3,200 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $550,000 $172 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,528/month

Highlights

  • Marina
  • Boat Dock
  • Gated Community
  • Lake Front
  • Golf Course Community
  • Community Lake

About This Home

As of January 2022

ENJOY LAKE CORTEZ IN HOT SPRINGS VILLAGE AND A CONTEMPORARY 4 BR 3.5 BATH WATERFRONT HOME! Tastefully updated throughout, this home offers a perfect flow for guests and entertaining with multi-levels of bedrooms and living areas, all essential amenities on main level, two fireplaces + great views with a large deck, porches, patios, a nice workshop, 2-car garage, and an abundance of storage! This lakefront lot has a gentle slope to the lake where an outdoor living area and covered dock await.

Last Agent to Sell the Property

Jan Galloway

Trademark Real Estate, Inc. Listed on: 11/18/2021

Trademark Real Estate, Inc.

Co-Listed By

Ron Galloway

Trademark Real Estate, Inc.

Last Buyer's Agent

David Bowen

Trademark Real Estate, Inc.

Trademark Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1982

Lot Details

  • 0.42 Acre Lot
  • Lake Front
  • Wrought Iron Fence
  • Partially Fenced Property
  • Landscaped
  • Level Lot

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Rock and Frame
  • Architectural Shingle Roof
  • Ridge Vents on the Roof
  • Composition Shingle

Interior Spaces

  • 3,200 Sq Ft Home
  • Built-in Bookshelves
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Workshop
  • Crawl Space

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Covered Dock
  • Deck
  • Patio
  • Shop
  • Porch

Schools

  • Fountain Lake Elementary And Middle School
  • Fountain Lake High School

Utilities

  • Central Heating and Cooling System
  • Dehumidifier
  • Heat Pump System
  • Co-Op Electric
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Other Mandatory Fees
  • Community Lake

Amenities

  • Picnic Area

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1982

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Restrictions: Covenants, Deed Restrictions
  • Class: Residential
  • Style: Contemporary
  • Ext Features: Patio, Deck, Porch, Partially Fenced, Guttering, Shop, Boat Dock, Iron Fence
  • Lake: Yes
  • Lake Name: Cortez
  • Legal 2: Lot 4, Saline County
  • LVT Date: 11/19/2021
  • Price Per Sq Ft: 171.88
  • Road Surface: Paved
  • Street Designation: Way
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1982

Interior Features

  • Dining Room: Living/Dining Combo, Separate Breakfast Rm, Separate Dining Room
  • Fireplace: Woodburning-Site-Built, Gas Logs Present, Two
  • Bedrooms: Guest Bedroom Apart, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 3200
  • Bedrooms: 4
  • Floors: Tile, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Microwave, Gas Range, Dishwasher, Ice Maker Connection
  • Other Rooms: Den/Family Room, Office/Study, Workshop/Craft, Laundry
  • Stories: Split-Level
  • Walls Ceilings: Skylight - Ceiling, Sheet Rock, Vault Ceiling

Exterior Features

  • Exterior: Rock & Frame, Composition
  • Roof: Architectural Shingle
  • Waterfront: Dock - Covered

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Tv-Cable
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump, Dehumidifier

Condo/Co-op/Association

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

Schools

  • Elementary School: Fountain Lake
  • Middle School: Fountain Lake
  • High School: Fountain Lake
  • Junior High: Fountain Lake

Lot Info

  • Estimated Lot Size: 0.42
  • Estimated Lot Size: 103x199x70x199
  • Lot: Level, Extra Landscaping, In Subdivision, Lake Front
  • Geo Subdivision: AR

Green Features

  • Energy Features: Extra Insulation, Insulated Doors, Insulated Windows, Ridge Vents/Caps

Tax Info

  • Annual Taxes: 2000
  • Year: 2021

MLS Schools

  • Elementary School: Fountain Lake
  • HighSchool: Fountain Lake
  • Middle School: Fountain Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jan 13, 2022
Sold by
Greer Michael and Greer Patricia Lee
Bought by
Kennaugh Michael A and Lombardo Natalie
Seller's Agent
Jan Galloway
Trademark Real Estate, Inc.
Buyer's Agent
David Bowen
Trademark Real Estate, Inc.
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$609,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,571
Avg. Annual Appreciation
2.76%
Original Mortgage
$378,750
Outstanding Balance
$349,065
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$260,506

Purchase Details

Closed on
Jan 31, 2020
Sold by
Leth Allen D and Leth Debora J
Bought by
Greer Michael and Greer Patricia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Jan 31, 2005
Sold by
Ramsey Walter H and Ramsey Martha O
Bought by
Leth Allen D and Leth Debora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 1998
Bought by
Ramsey Family Revocable Trust

Purchase Details

Closed on
Jul 20, 1995
Bought by
Remove Trust & Sr

Purchase Details

Closed on
Jan 25, 1995
Bought by
Ramsey Family Trust

Purchase Details

Closed on
Jul 1, 1992
Bought by
Ramsey
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
Kennaugh Michael A $550,000 Professional Land Title
Greer Michael $400,000 Advantage Title & Escrow
Leth Allen D $215,000 --
Ramsey Family Revocable Trust -- --
Remove Trust & Sr -- --
Ramsey Family Trust -- --
Ramsey $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennaugh Michael A $378,750
Previous Owner Greer Michael $300,000
Previous Owner Leth Allen D $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $550,000 +0.2% $172 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $549,000 -- $172 / 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 $2,889 $64,927 $9,000 $55,927
2024 $2,889 $64,927 $9,000 $55,927
2023 $2,464 $64,927 $9,000 $55,927
2022 $1,543 $64,927 $9,000 $55,927
2021 $1,451 $41,040 $9,000 $32,040
2020 $1,451 $41,040 $9,000 $32,040
2019 $1,826 $41,040 $9,000 $32,040
2018 $1,476 $41,040 $9,000 $32,040
2017 $1,476 $41,040 $9,000 $32,040
2016 $1,928 $43,320 $9,000 $34,320
2015 $1,923 $43,320 $9,000 $34,320
2014 $1,578 $43,320 $9,000 $34,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21037635

Cooperative Arkansas REALTORS® MLS

APN: 772-00057-000