NOT LISTED FOR SALE

41 Salvatierra Way Hot Springs Village, AR 71909

Estimated Value: $470,000 - $582,000

3 Beds
2.5 Baths
2,829 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $460,000 $163 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,190/month

24 Days on Market

Highlights

  • Marina
  • Gated Community
  • Craftsman Architecture
  • Golf Course Community
  • Lake View
  • Clubhouse

About This Home

As of January 2024

Desirable Craftsman style architecture, East end, overlooking Balboa Lake. This three bedroom, 2-1/2 bath, one story home with level driveway has front porch curb appeal and deck from which to enjoy the Fall colors and lake. Game room downstairs, heated/cooled with separate system and lower level entrance - 1/2 bath is downstairs. Features include two separate offices, 10' and 12' ceilings, solid wood doors, huge pantry, Tankless Water Heater, Corian counter tops and wood blinds. SEE AGENT REMARKS

Last Agent to Sell the Property

Jane Hollansworth

RE/MAX of Hot Springs Village Listed on: 10/27/2023

RE/MAX of Hot Springs Village

Last Buyer's Agent

Randall Cummings

RE/MAX of Hot Springs Village

RE/MAX of Hot Springs Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 2006

Lot Details

  • 0.26 Acre Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,829 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Gas Log Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Lake Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Heat Pump System
  • Co-Op Electric
  • Shared Sewer

Community Details

Overview

  • Other Mandatory Fees
  • Built by Cooper

Amenities

  • Picnic Area
  • 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

$3,295

Year Built

Built in 2006

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: Residential
  • Style: Craftsman
  • Ext Features: Deck, Porch, Guttering
  • LVT Date: 10/27/2023
  • Price Per Sq Ft: 162.6
  • Road Surface: Paved
  • Street Designation: Way
  • Type: Detached
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Separate Dining Room
  • Fireplace: Gas Starter, Gas Logs Present
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Primary Bedroom Apart, Guest Bedroom Apart
  • Estimated Sq Ft: 2829
  • Basement: Finished, Outside Access/Walk-Out, Heated, Cooled
  • Bedrooms: 3
  • Floors: Carpet, Wood, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Walk-In Closet(s), Built-Ins, Walk-In Shower
  • Kitchen Equip: Microwave, Gas Range, Dishwasher, Disposal, Pantry
  • Other Rooms: Office/Study, Workshop/Craft, Bonus Room, Laundry
  • Stories: One Story

Exterior Features

  • Homebuilder: Cooper
  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Electric-Co-Op, Poa Water, Community Sewer
  • Heat Air: Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Sauna, Playground, Clubhouse, Security, Picnic Area, Mandatory Fee, Marina, Hot Tub, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Condo Association Fee: 100
  • Frequency: Monthly

Schools

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

Lot Info

  • Estimated Lot Size: 0.26
  • Estimated Lot Size: 82X83X140X140
  • Lot: In Subdivision, Lake View
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 3294.78
  • Year: 2022

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
Oct 27, 2023
Closed on
Jan 9, 2024
Sold by
Rachel Kay Andersen Trust
Bought by
Horrell Family Trust and Horrell
Seller's Agent
Jane Hollansworth
RE/MAX of Hot Springs Village
Buyer's Agent
Randall Cummings
RE/MAX of Hot Springs Village
List Price
$456,000
Sold Price
$460,000
Premium/Discount to List
$4,000
0.88%
Views
219
Current Estimated Value
$515,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,245
Avg. Annual Appreciation
9.30%
Original Mortgage
$368,000
Outstanding Balance
$348,067
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$184,644

Purchase Details

Closed on
May 27, 2021
Sold by
Andersen Rachel K
Bought by
Rachel Kay Andersen Trust and Rachel Kay Andersen Trust

Purchase Details

Closed on
Dec 23, 2020
Sold by
Rachel Kay Andersen Revocable Trust and Andersen Rachel K
Bought by
Patrico Joseph K and Patrico Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2014
Sold by
Andersen Wayne W and Andersen Rachel K
Bought by
Wayne William Andersen Trust

Purchase Details

Closed on
Jun 15, 2007
Sold by
Taylor Richard F and Taylor Nancy A
Bought by
Taylor Nancy A

Purchase Details

Closed on
Mar 28, 2002
Bought by
Taylor

Purchase Details

Closed on
Oct 1, 1988
Bought by
Sullivan
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
Horrell Family Trust $460,000 Advantage Title & Escrow
Rachel Kay Andersen Trust -- None Listed On Document
Andersen Rachel K -- None Listed On Document
Patrico Joseph K $30,000 Realty Title
Wayne William Andersen Trust -- None Available
Taylor Nancy A -- --
Taylor $23,000 --
Sullivan $19,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horrell Family Trust $368,000
Previous Owner Patrico Joseph K $43,500
Previous Owner Andersen Wayne W $150,000
Previous Owner Andersen Wayne W $150,000
Previous Owner Taylor Nancy A $370,090
Previous Owner Taylor Nancy A $368,000
Previous Owner Taylor Nancy A $316,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $460,000 +0.9% $163 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $456,000 +36.1% $161 / Sq Ft
05/15/2013 05/15/13 Sold $335,000 -11.7% $118 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
10/20/2012 10/20/12 For Sale $379,500 -- $134 / 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 $3,459 $94,275 $10,000 $84,275
2023 $3,295 $94,275 $10,000 $84,275
2022 $2,920 $94,275 $10,000 $84,275
2021 $2,920 $74,040 $7,000 $67,040
2020 $2,920 $74,040 $7,000 $67,040
2019 $2,920 $74,040 $7,000 $67,040
2018 $2,945 $74,040 $7,000 $67,040
2017 $2,945 $74,040 $7,000 $67,040
2016 $3,460 $78,070 $7,000 $71,070
2015 $3,110 $78,070 $7,000 $71,070
2014 $3,110 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23034711

Cooperative Arkansas REALTORS® MLS

APN: 724-00054-000