NOT LISTED FOR SALE

4 Resplandor Place Hot Springs Village, AR 71909

Estimated Value: $776,000 - $982,000

4 Beds
3.5 Baths
4,104 Sq Ft
$212/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $775,000 $189 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,365/month

127 Days on Market

Highlights

  • Marina
  • Covered Dock
  • Home Theater
  • Lake Front
  • Golf Course Community
  • Gated Community

About This Home

As of February 2024

Welcome to your dream home on Lake Balboa in the picturesque Resplandor neighborhood! This exquisite, one-of-a-kind residence offers functionality and breathtaking lake views. From the moment you step inside, you'll be captivated by the craftsmanship and thoughtful design. The heart of this home is the gourmet kitchen with granite countertops and custom cabinetry, perfect for preparing meals and entertaining guests. Gather with loved ones in the inviting dining room ideal for intimate dinners. Bask in natural light year-round in the four-season sunroom with amazing views of the surrounding natural beauty. The main level has a flex room that can be used as a music studio, theater room or even a possible 5th bedroom. Enjoy the ultimate retreat in the spacious primary suite, featuring 3 walk-in closets, jetted tub and double vanities. The versatile lower level is a true gem, complete with a kitchenette, living room, 2 bedrooms and full bath. This home boasts two 2 car garages, enough room to park 4 vehicles or create an amazing workshop! There is a newer Kohler generator and a recently fenced yard. New roof scheduled for installation, January 2024.

Last Agent to Sell the Property

Janae Cook Richards

Taylor Realty Group HSV Listed on: 09/21/2023

Last Buyer's Agent

Brenda Langley

RE/MAX of Hot Springs Village

RE/MAX of Hot Springs Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,145

Year Built

  • Built in 2006

Lot Details

  • 0.41 Acre Lot
  • Lake Front
  • Private Streets
  • Sloped Lot

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-in Bookshelves
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Screened Porch
  • Lake Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Electric Range
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Electric Hoist or Boat Lift
  • Covered Dock
  • Swim Dock
  • Deck
  • Patio

Utilities

  • Heat Pump System
  • Co-Op Electric
  • Power Generator
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Other Mandatory Fees
  • Community Lake

Amenities

  • Sauna
  • Clubhouse

Recreation

  • 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

$6,145

Year Built

Built in 2006

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Restrictions: Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Deck, Screened Porch, Porch
  • Lake: Yes
  • Lake Name: Balboa
  • LVT Date: 09/21/2023
  • Price Per Sq Ft: 188.84
  • Road Surface: Paved
  • Street Designation: Place
  • Type: Detached
  • Estimated Year Built: 2006
  • Internet Type: Internet-Cable, Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Living/Dining Combo, Separate Dining Room
  • Fireplace: Gas Starter, Gas Logs Present, Uses Gas Logs Only
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Guest Bedroom Apart, 2 Bedrooms Same Level
  • Estimated Sq Ft: 4104
  • Bedrooms: 4
  • Floors: Tile, Vinyl, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interiors: Wet Bar, Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Central Vacuum, Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar, Kit Counter- Granite Slab
  • Kitchen Equip: Built-In Stove, Double Oven, Microwave, Electric Range, Dishwasher, Trash Compactor, Pantry, Ice Maker Connection, Wall Oven
  • Other Rooms: In-Law Quarters, Sun Room, Workshop/Craft, Bonus Room, Laundry, Media Room/Theater
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle
  • Waterfront: Cove, Dock, Dock - Swimming, Dock - Covered, Hoist/Lift, Ski Lake

Garage/Parking

  • Parking: Garage, Auto Door Opener, Four Car Or More, Side Entry

Utilities

  • Utilities: Electric-Co-Op, Tv-Cable, Tv-Satellite Dish, Poa Water
  • Heat Air: Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Sauna, Playground, Clubhouse, Security, Mandatory Fee, Marina, Hot Tub, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Condo Association Fee: Entrance Security, Private Roads
  • Condo Association Fee: 110
  • Frequency: Monthly

Lot Info

  • Estimated Lot Size: 0.41
  • Estimated Lot Size: 111x124x160x160
  • Lot: Sloped, Lake Front
  • Geo Subdivision: AR

Green Features

  • Energy Features: Generator
  • Green Home Certified: Yes

Tax Info

  • Annual Taxes: 6144.65
  • Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Feb 28, 2024
Sold by
Olives Rachel and Olives Joel Thomas
Bought by
Morrow Joint Revocable Trust and Morrow
Seller's Agent
Janae Cook Richards
Taylor Realty Group HSV
Buyer's Agent
Brenda Langley
RE/MAX of Hot Springs Village
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Views
332
Current Estimated Value
$871,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,611
Avg. Annual Appreciation
7.99%
Original Mortgage
$490,000
Outstanding Balance
$484,162
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$386,852

Purchase Details

Closed on
Mar 15, 2021
Sold by
Daniel M Daddieco M and Daniel Sharon M
Bought by
Olives Joel Thomas and Olives Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,200
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2018
Sold by
Daddieco Daniel M and Craig Sharon M
Bought by
Daddieco Daniel M and Craig Sharon M

Purchase Details

Closed on
Aug 4, 2017
Sold by
Hodges Linda C and Orr Robert Charles
Bought by
Daddieco Daniel M and Craig Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 30, 2012
Sold by
Hodges Linda C
Bought by
Hodges Linda C

Purchase Details

Closed on
Dec 31, 1996
Bought by
Hodges

Purchase Details

Closed on
Nov 17, 1995
Bought by
Cci

Purchase Details

Closed on
Feb 28, 1995
Bought by
Reynolds

Purchase Details

Closed on
Oct 17, 1994
Bought by
Cci

Purchase Details

Closed on
Sep 28, 1994
Bought by
Jurek
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
Morrow Joint Revocable Trust $775,000 Advantage Title & Escrow
Olives Joel Thomas $749,000 Advantage Title & Escrow
Daddieco Daniel M -- None Available
Daddieco Daniel M $520,000 None Available
Hodges Linda C -- None Available
Hodges $99,000 --
Cci $115,000 --
Reynolds $115,000 --
Cci $87,000 --
Jurek $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Joint Revocable Trust $490,000
Previous Owner Olives Joel Thomas $599,200
Previous Owner Daddieco Daniel M $147,000
Previous Owner Daddieco Daniel M $75,000
Previous Owner Daddieco Daniel M $150,000
Previous Owner Hodges Linda C $55,000
Previous Owner Hodges Linda C $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $775,000 -2.5% $189 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
09/21/2023 09/21/23 For Sale $795,000 -- $194 / 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 $6,520 $146,509 $25,000 $121,509
2023 $6,520 $146,509 $25,000 $121,509
2022 $6,145 $146,509 $25,000 $121,509
2021 $4,427 $107,900 $25,000 $82,900
2020 $4,427 $107,900 $25,000 $82,900
2019 $4,427 $107,900 $25,000 $82,900
2018 $4,452 $107,900 $25,000 $82,900
2017 $4,452 $107,900 $25,000 $82,900
2016 $4,951 $111,250 $25,000 $86,250
2015 $4,940 $111,250 $25,000 $86,250
2014 $4,601 $111,250 $25,000 $86,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23029933

Cooperative Arkansas REALTORS® MLS

APN: 702-00038-000