NOT LISTED FOR SALE

Estimated Value: $957,000 - $1,044,000

5 Beds
4 Baths
4,306 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $1,035,000 $240 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,629/month

4 Days on Market

Highlights

  • Boat Dock
  • Community Lake
  • Traditional Architecture
  • Gated Community
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2024

**LUXURY LAKE BALBOA HOME** Welcome to an exquisite lakefront home in America's largest gated community. This stunning 4,306 sq. ft. home offers unparalleled luxury and comfort, boasting 5 spacious bedrooms, an office, and a den. Almost every space has been updated & improved. It's like walking into a brand new home, ready for your furniture. Indulge in the ultimate relaxation with two primary bedroom suites, each designed with elegance and privacy in mind. A 2nd Bedroom & bath are also on the main floor. Downstairs also features a 2nd kitchen, perfect for entertaining or accommodating family/guests. A large Den, the 2nd primary bdrm and bath, plus 2 more bdrms & bath - this would make a great area for VRBO or AirBnb rental. Step outside to a completely remodeled deck, stone walkway leading to a firepit area and boat dock, your private gateway to endless aquatic adventures. Whether you're hosting a gathering or seeking a peaceful escape, this Lake Balboa gem promises a lifestyle of sophistication and serenity. Don't miss the chance to own a piece of paradise in this exclusive community. Contact Janette 501.209.5347 to schedule your private tour. AGENTS See Remarks

Last Agent to Sell the Property

Janette Carter

Taylor Realty Group HSV Listed on: 07/25/2024

Last Buyer's Agent

Kimberly Taylor

Taylor Realty Group HSV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1992

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 4,306 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Automatic Garage Door Opener

Outdoor Features

  • Seawall
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Co-Op Electric
  • Water Filtration System
  • Electric Water Heater
  • Shared Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 568-00044-000

Community Details

Overview

  • Community Lake

Recreation

  • Boat Dock

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,670

Year Built

Built in 1992

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Restrictions: Min Rights Do Not Convey, Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Deck, Partially Fenced, Boat Dock, Seawall, Covered Patio
  • Lake: Yes
  • Lake Name: Balboa
  • LVT Date: 07/25/2024
  • Price Per Sq Ft: 240.36
  • Road Surface: Paved
  • Street Designation: Way
  • Type: Detached
  • Estimated Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Dining Room: Living/Dining Combo, Breakfast Bar, Kitchen/Den
  • Fireplace: Gas Starter, Gas Logs Present, Glass Doors
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom Apart, 2 Bedrooms Same Level, 3 Bedrooms Lower Level
  • Other Room 1: Office
  • Other Room 2: Downstairs Den
  • Estimated Sq Ft: 4306
  • Basement: Finished, Inside Access, Outside Access/Walk-Out, Heated, Cooled
  • Bedrooms: 5
  • Floors: Tile, Luxury Vinyl
  • Foundation: Slab
  • Full Bathrooms: 4
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Ice Maker Connection, Water Filter, Ice MacHine
  • Other Rooms: Den/Family Room, Office/Study, Laundry
  • Stories: Two Story

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Two Car, Auto Door Opener, Side Entry

Utilities

  • Utilities: Electric-Co-Op, Tv-Cable, Poa Water, Community Sewer
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump

Condo/Co-op/Association

  • Condo Association Fee: Entrance Security
  • Condo Association Fee: 110
  • Frequency: Monthly

Schools

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

Lot Info

  • Estimated Lot Size: 0.41
  • Estimated Lot Size: 17,800sf
  • Lot: Sloped, Level, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 568-00044-000

Tax Info

  • Annual Taxes: 2669.97
  • Year: 2023

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
Jul 25, 2024
Closed on
Aug 26, 2024
Sold by
Bobo Keith L and Bobo Barbara N
Bought by
Hansen Dirk W and Hansen Shannon S
Seller's Agent
Janette Carter
Taylor Realty Group HSV
Buyer's Agent
Kimberly Taylor
Taylor Realty Group HSV
List Price
$1,085,000
Sold Price
$1,035,000
Premium/Discount to List
-$50,000
-4.61%
Views
9
Current Estimated Value
$1,003,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,807
Avg. Annual Appreciation
-2.80%
Original Mortgage
$725,000
Outstanding Balance
$716,638
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$286,555

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 7, 2017
Sold by
Holliday Bobette Jeanne Kline
Bought by
Bobo Keith L and Bobo Barbara N
Seller's Agent
Jane Hollansworth
RE/MAX of Hot Springs Village
Buyer's Agent
Kimberly Taylor
Taylor Realty Group HSV
List Price
$395,000
Sold Price
$335,000
Premium/Discount to List
-$60,000
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.32%

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jun 29, 2017
Sold by
Miller Lucia Dianne Kline
Bought by
Holliday Bobette Jeanne Kline
Seller's Agent
Jane Hollansworth
RE/MAX of Hot Springs Village
Buyer's Agent
Kimberly Taylor
Taylor Realty Group HSV
List Price
$395,000
Sold Price
$335,000
Premium/Discount to List
-$60,000
-15.19%

Purchase Details

Closed on
Jun 1, 1990
Bought by
Kline

Purchase Details

Closed on
Dec 1, 1988
Bought by
Barnes

Purchase Details

Closed on
Feb 1, 1988
Bought by
Rogers
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
Hansen Dirk W $1,035,000 Advantage Title & Escrow
Bobo Keith L $335,000 Advantage Title & Escrow
Holliday Bobette Jeanne Kline -- None Available
Kline $79,000 --
Dhi $68,000 --
Barnes $60,000 --
Rogers $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Dirk W $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2024 08/27/24 Sold $1,035,000 -4.6% $240 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $1,085,000 +223.9% $252 / Sq Ft
08/07/2017 08/07/17 Sold $335,000 -15.2% $78 / Sq Ft View Prior Sale
08/07/2017 08/07/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $395,000 -- $92 / 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 $3,095 $98,234 $20,000 $78,234
2024 $3,095 $98,234 $20,000 $78,234
2023 $2,670 $98,234 $20,000 $78,234
2022 $2,720 $98,234 $20,000 $78,234
2021 $2,720 $69,550 $20,000 $49,550
2020 $2,720 $69,550 $20,000 $49,550
2019 $2,720 $69,550 $20,000 $49,550
2018 $2,745 $69,550 $20,000 $49,550
2017 $2,548 $69,550 $20,000 $49,550
2016 $2,898 $65,130 $20,000 $45,130
2015 $2,898 $65,130 $20,000 $45,130
2014 $2,898 $65,130 $20,000 $45,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24026681

Cooperative Arkansas REALTORS® MLS

APN: 568-00044-000