NOT LISTED FOR SALE

40 Lequita Place Hot Springs Village, AR 71909

Estimated Value: $265,000 - $309,000

3 Beds
3 Baths
1,448 Sq Ft
$160/mo HOA Fee

Last Sold August 12, 2016

Last sale price $135,000 $93 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,701/month

67 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Gated Community
  • Lake Front
  • Resort Property
  • Community Lake

About This Home

As of August 2016

This Lake Desoto, lake front, Townhome is in updated condition and well kept by Sellers.Furnished. 3 bedrm, 3 baths. Spacious. Good rental history. Huge deck. high eff.HP: 2004. carpeting main level,new roof,new tile: 2006. New frig-2007,New water heater-2010. New, custom interior paint. Entry level master and guest bedroom. .Nice second lakeside suite on lower level. More updates in 2012. Workkshop with work bench.Other updates: new exterior paint for 2016. VACATION RENTALS NIGHTLY RENTAL:501-922-9850

Last Agent to Sell the Property

Wanda Bonner

RE/MAX of Hot Springs Village Listed on: 05/07/2016

RE/MAX of Hot Springs Village

Last Buyer's Agent

L.D. Livesay

CENTURY 21 H.S.V. Realty

CENTURY 21 H.S.V. Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 1976

Lot Details

  • 1,742

HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,448 Sq Ft Home
  • Furnished
  • Built-in Bookshelves
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad

Schools

  • Jessieville Elementary School
  • Jessieville High School

Utilities

  • High Efficiency Air Conditioning
  • Heat Pump System
  • Electric Water Heater
  • Shared Sewer
  • Cable TV Available

Additional Features

  • Deck
  • Lake Front

Community Details

Overview

  • Other Mandatory Fees
  • Resort Property
  • Built by CCI
  • On-Site Maintenance
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Party Room

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,146

Year Built

Built in 1976

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Restrictions: Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck
  • Lake: Yes
  • Lake Name: DeSoto
  • LVT Date: 05/07/2016
  • Road Surface: Paved
  • Street Designation: Place
  • Type: Condo/Townhse/Duplex/Apt
  • Estimated Year Built: 1976
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1976

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: Guest Bedroom Apart, Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1448
  • Bedrooms: 3
  • Floors: Tile, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Electric, Window Treatments, Built-Ins, Ceiling Fan(s), Furnished
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: 2 Story Entry & Lower
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Homebuilder: CCI
  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Parking Pads, Two Car

Utilities

  • Utilities: Elec-Municipal (+Entergy), Tv-Cable, Poa Water, Community Sewer
  • Heat Air: Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Clubhouse, Party Room, Picnic Area, Mandatory Fee, Marina, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Additional Association Condo Fee: 95
  • Additional Fee Frequency: Monthly
  • Condo Association Fee: Grounds
  • Condo Association Fee: 65
  • Frequency: Monthly

Green Features

  • Energy Features: Insulated Windows
  • Green Features: High Efficiency Hvac>14

Lot Info

  • Lot: Sloped, Level, Resort Property, In Subdivision, Lake Front
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1146
  • Year: 2014

MLS Schools

  • Elementary School: Jessieville
  • HighSchool: Jessieville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Aug 9, 2016
Sold by
Casper James G and Casper Margaret A
Bought by
Pels Barbara A
Seller's Agent
Wanda Bonner
RE/MAX of Hot Springs Village
Buyer's Agent
L.D. Livesay
CENTURY 21 H.S.V. Realty
List Price
$138,900
Sold Price
$135,000
Premium/Discount to List
-$3,900
-2.81%
Current Estimated Value
$282,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,083
Avg. Annual Appreciation
8.33%
Original Mortgage
$108,000
Outstanding Balance
$85,938
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$196,145

Purchase Details

Closed on
Jul 6, 2000
Sold by
Not Provided
Bought by
Casper James G and Casper Margaret A

Purchase Details

Closed on
Feb 11, 2000
Sold by
Not Provided
Bought by
Holmes Bradley R and Casper James

Purchase Details

Closed on
Jun 13, 1997
Sold by
Not Provided
Bought by
Boswell Carole Ann Burns

Purchase Details

Closed on
Nov 6, 1996
Sold by
Not Provided
Bought by
Burns Gladine E

Purchase Details

Closed on
Aug 20, 1993
Sold by
Not Provided
Bought by
Boswell James R and Boswell Carol A

Purchase Details

Closed on
Jan 1, 1990
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Jan 1, 1901
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
Pels Barbara A $135,000 Hs Title
Casper James G -- --
Holmes Bradley R -- --
Boswell Carole Ann Burns $154,000 --
Burns Gladine E -- --
Boswell James R $110,000 --
Not Provided $82,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pels Barbara A $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $135,000 -2.8% $93 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $138,900 -- $96 / 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 $772 $50,690 $0 $50,690
2024 $852 $50,690 $0 $50,690
2023 $528 $41,110 $0 $41,110
2022 $953 $41,110 $0 $41,110
2021 $911 $21,530 $0 $21,530
2020 $911 $21,530 $0 $21,530
2019 $911 $21,530 $0 $21,530
2018 $911 $21,530 $0 $21,530
2017 $911 $21,530 $0 $21,530
2016 $973 $23,000 $0 $23,000
2015 $973 $23,000 $0 $23,000
2014 $972 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16013517

Cooperative Arkansas REALTORS® MLS

APN: 200-42450-020-000