NOT LISTED FOR SALE

396 Long Island Dr Unit Also 398, 400A, 400B Hot Springs National Park, AR 71913

Lake Hamilton Neighborhood

Estimated Value: $521,647 - $835,000

-- Bed
2 Baths
3,449 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $350,000 $101 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,845/month

44 Days on Market

Highlights

  • Multiple Garages
  • Community Lake
  • 2-Story Property
  • Lakeside Primary School Rated A-
  • Deck
  • Central Heating and Cooling System

About This Home

As of September 2018

Charming Vintage Cottages with dramatic lake views and boat dock. Main house has 3 BR/ 2 Baths and office. Unit 2 is 1 BR/ 1 Bath efficiency. Unit 3 is a duplex with 2 BR/ 1 Bath upstairs, and 1 BR/ 1 Bath downstairs. Updated heating and air system in 2 units. This property is located in prime 7 South area with lots of character, good rental history and would be a great investment! Owners are licensed agents in Texas.

Last Agent to Sell the Property

Paul Roberts

Crye-Leike REALTORS Listed on: 05/23/2018

Crye-Leike REALTORS

Co-Listed By

Brittany Evans

Crye-Leike REALTORS

Last Buyer's Agent

Tammy Browning

Trademark Real Estate, Inc.

Trademark Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 1950

Lot Details

  • 87 Sq Ft Lot
  • Level Lot

Home Design

  • 3,449 Sq Ft Home
  • 2-Story Property
  • Bungalow
  • Combination Foundation
  • Frame Construction

Kitchen

  • Stove
  • Dishwasher

Parking

  • Multiple Garages
  • Parking Pad

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,745

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Ranch, Bungalow/Cottage
  • Lake: Yes
  • Lake Name: Hamilton
  • LVT Date: 06/04/2018
  • Price Per Sq Ft: 101.48
  • Type: Pkg Single Family
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: Residentia
  • Source Of Sq Ft: Seller Disclosure
  • Estimated Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Foundation: Slab/Crawl Combination
  • Stories: One Story, Two Story
  • Kitchen Equipment: Free-Standing Stove, Dishwasher

Exterior Features

  • Exterior: Frame
  • Exterior Features: Guttering, Deck

Garage/Parking

  • Garage/Parking: Parking Pads, Four Car Or More

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Tv-Cable, Tv-Satellite Dish, Telephone-Private
  • Heating And Air Cond: Central Cool-Electric, Window Units, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 87 x 131
  • Lot: Level, Down Slope
  • Geo Subdivision: AR

Multi Family

  • Maximum Rent One Bedroom: 500
  • Maximum Rent Three Bedroom: 1100
  • Maximum Rent Two Bedroom: 750
  • Minimum Rent One Bedroom: 350
  • Minimum Rent Three Bedroom: 1100
  • Minimum Rent Two Bedroom: 750
  • Number Of One Bedroom Units: 2
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bedroom Units: 1
  • Number Units: 3

Tax Info

  • Annual Taxes: 3745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Sep 12, 2018
Sold by
Adams Janet B and Trader Charla
Bought by
Cth Llc
Seller's Agent
Paul Roberts
Crye-Leike REALTORS
Buyer's Agent
Tammy Browning
Trademark Real Estate, Inc.
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$666,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,466
Avg. Annual Appreciation
8.55%
Original Mortgage
$247,722
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 1993
Sold by
Not Provided
Bought by
Costello Richard C and Costello Jeanne E
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
Cth Llc $350,000 Hot Springs Title Co Inc
Costello Richard C $116,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cth Llc $247,722
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $350,000 -12.5% $101 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $399,900 +0.2% $116 / Sq Ft
05/23/2018 05/23/18 For Sale $399,000 -- $116 / 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 $2,565 $57,120 $11,380 $45,740
2023 $3,213 $71,550 $12,520 $59,030
2022 $3,394 $101,940 $42,910 $59,030
2021 $2,527 $52,040 $30,600 $21,440
2020 $2,527 $52,040 $30,600 $21,440
2019 $2,357 $52,040 $30,600 $21,440
2018 $2,527 $52,040 $30,600 $21,440
2017 $2,149 $52,040 $30,600 $21,440
2016 $2,226 $53,890 $30,600 $23,290
2015 $2,226 $53,890 $30,600 $23,290
2014 $2,225 $53,890 $30,600 $23,290
Source: Public Records

Agents Affiliated with this Home

  • Paul Roberts

    Seller's Agent in 2018

    Paul Roberts

    Crye-Leike

    (501) 620-0497

    4 in this area

    185 Total Sales

    Section Image
  • Brittany Evans

    Seller Co-Listing Agent in 2018

    Brittany Evans

    Crye-Leike

    (501) 620-3588

    2 in this area

    33 Total Sales

    Section Image
  • Tammy Browning

    Buyer's Agent in 2018

    Tammy Browning

    Trademark Real Estate, Inc.

    (501) 881-9490

    27 in this area

    262 Total Sales

    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18017583

Cooperative Arkansas REALTORS® MLS

APN: 200-13900-006-000

Arkansas Garland County Hot Springs National Park 71913 Lake Hamilton

396 Long Island Dr Unit Also 398, 400A, 400B, Hot Springs National Park, AR

This home is located at 396 Long Island Dr Unit Also 398, 400A, 400B, Hot Springs National Park, AR 71913 since 23 May 2018 and is currently estimated at $657,912, approximately $190 per square foot. This property was built in 1950. 396 Long Island Dr Unit Also 398, 400A, 400B is a home located in Garland County with nearby schools including Lakeside Primary School, Lakeside Intermediate School, and Lakeside Middle 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.

Nearby Homes