NOT LISTED FOR SALE

41 Empinado Way Hot Springs Village, AR 71909

Estimated Value: $438,000 - $716,000

3 Beds
5 Baths
3,072 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $585,000 $190 Per Sq Ft

Current estimated payment $3,476/month

8 Days on Market

Highlights

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

About This Home

As of March 2023

Stunning views abound from this gorgeous 4 bedroom, 5 bath home with over 3,000sqft of living space! This amazing lakeside home has been a successful VRBO rental for many years on beautiful Cortez Lake. The home sleeps 10 comfortably and is set up for multifamily, multi-generational use with the main kitchen and master suite on the main level, and a kitchenette, bunk room, and two additional bedrooms downstairs on the lower level. This home also features two fireplaces (one wood burning, one gas) and a 3-car garage for all the toys! The sunroom is a lovely place to sip your coffee as the sun rises over the lake – absolutely breathtaking! This property includes a covered boat dock and is being offered completely furnished (turn-key). Opportunity abounds with this impeccable lake house of your dreams, paying for itself with rentals while you are not there, or simply retire to the lifestyle you always dreamed of. Hot Springs Village has been noted as a top retirement location with affordable golfing, fantastic fishing, and loads of other awesome activities! Lake properties this unique are rare finds –Invest in your future – Make an appointment today!

Last Agent to Sell the Property

Kristen Kennon

IRealty Arkansas - Sherwood Listed on: 01/21/2023

IRealty Arkansas - Sherwood

Last Buyer's Agent

Michael Holdiness, Jr.

RE/MAX of Hot Springs Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,401

Year Built

  • Built in 1992

Lot Details

  • 1.13 Acre Lot
  • Lake Front
  • Sloped Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Split Level Home
  • Rock and Frame
  • Pitched Roof

Interior Spaces

  • 3,072 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Outdoor Features

  • Docks
  • Deck
  • Porch

Utilities

  • Central Heating

Community Details

Overview

  • Other Mandatory Fees
  • Resort Property
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,401

Year Built

Built in 1992

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Restrictions: Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Porch, Boat Dock
  • Lake: Yes
  • Lake Name: Cortez
  • LVT Date: 01/21/2023
  • Road Surface: Gravel
  • Street Designation: Way
  • Type: Detached
  • Estimated Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Separate Dining Room
  • Fireplace: Woodburning-Prefab.
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 3072
  • Bedrooms: 3
  • Floors: Luxury Vinyl, Tile, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interiors: Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Built-In Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays, Wall Oven
  • Other Rooms: Formal Living Room, Den/Family Room, Sun Room, Unfinished Space
  • Stories: Split-Level

Exterior Features

  • Exterior: Rock & Frame
  • Roof: Pitch
  • Waterfront: Dock

Garage/Parking

  • Parking: Garage, Three Car

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heat Air: Central Heat-Propane

Condo/Co-op/Association

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

Lot Info

  • Estimated Lot Size: 1.13
  • Estimated Lot Size: 1.13
  • Lot: Sloped, Resort Property, In Subdivision, Lake Front
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 2401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2023
Closed on
Apr 26, 2023
Sold by
Assaad Gabriel A and Assaad Kristin
Bought by
Acma Lake House Llc
Seller's Agent
Kristen Kennon
IRealty Arkansas - Sherwood
Buyer's Agent
Michael Holdiness, Jr.
RE/MAX of Hot Springs Village
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Views
64
Current Estimated Value
$584,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$946
Avg. Annual Appreciation
-0.06%
Original Mortgage
$400,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2023
Closed on
Feb 28, 2023
Sold by
Katie Bishop Revocable Trust
Bought by
Assaad Gabriel A and Assaad Kristin
Seller's Agent
Kristen Kennon
IRealty Arkansas - Sherwood
Buyer's Agent
Michael Holdiness, Jr.
RE/MAX of Hot Springs Village
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2015
Closed on
Oct 27, 2015
Sold by
Thompson Arlene A
Bought by
Bishop Katie and The Katie Bishop Revocable Trust
Seller's Agent
Deb Seibert
Hot Springs Village Real Estate
Buyer's Agent
Susan Vaught
RE/MAX Homefinders
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$200,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2012
Sold by
Thompson Arlene A
Bought by
Thompson Arlene A and Thompson Family Trust

Purchase Details

Closed on
Feb 17, 1998
Sold by
Not Provided
Bought by
Thompson Fam Trust and Thompson Max C

Purchase Details

Closed on
Aug 14, 1991
Sold by
Not Provided
Bought by
Thompson Max C and Thompson Arlene A
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
Acma Lake House Llc -- None Listed On Document
Assaad Gabriel A $585,000 First National Title
Assaad Gabriel A $585,000 First National Title
Bishop Katie $250,000 Realty Title
Thompson Arlene A -- None Available
Thompson Fam Trust -- --
Thompson Max C $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Assaad Gabriel A $400,000
Previous Owner Bishop Katie $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2023 03/01/23 Sold $585,000 +1.7% $190 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $575,000 +130.0% $187 / Sq Ft
10/23/2015 10/23/15 Sold $250,000 -5.7% $81 / Sq Ft View Prior Sale
09/23/2015 09/23/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $265,000 -- $86 / 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 $3,770 $87,870 $18,600 $69,270
2024 $3,717 $87,870 $18,600 $69,270
2023 $2,619 $87,870 $18,600 $69,270
2022 $2,401 $87,870 $18,600 $69,270
2021 $2,183 $51,600 $18,600 $33,000
2020 $2,183 $51,600 $18,600 $33,000
2019 $2,183 $51,600 $18,600 $33,000
2018 $2,183 $51,600 $18,600 $33,000
2017 $2,183 $51,600 $18,600 $33,000
2016 $2,865 $67,730 $21,300 $46,430
2015 $1,388 $67,730 $21,300 $46,430
2014 $1,388 $41,092 $4,924 $36,168
Source: Public Records

Agents Affiliated with this Home

  • Kristen Kennon

    Seller's Agent in 2023

    Kristen Kennon

    IRealty Arkansas - Sherwood

    (501) 837-5391

    1 in this area

    167 Total Sales

    Kristen Kennon
    Section Image
  • Michael Holdiness, Jr.

    Buyer's Agent in 2023

    Michael Holdiness, Jr.

    RE/MAX

    (501) 651-5600

    118 in this area

    139 Total Sales

    Michael Holdiness, Jr.
    Section Image
  • Deb Seibert

    Seller's Agent in 2015

    Deb Seibert

    Hot Springs Village Real Estate

    (501) 922-7169

    230 in this area

    235 Total Sales

    Deb Seibert
    Section Image
  • Susan Vaught

    Buyer's Agent in 2015

    Susan Vaught

    RE/MAX

    (501) 351-7143

    3 in this area

    80 Total Sales

    Susan Vaught
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23002173

Cooperative Arkansas REALTORS® MLS

APN: 200-02350-044-000

Arkansas Garland County Hot Springs Village 71909

41 Empinado 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.

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