$582,600
SOLD AUG 22, 2022

480 Lake Hamilton Dr Hot Springs National Park, AR 71913

2 Beds
1 Bath
1,647 Sq Ft
0.7 Acres

Recently Sold

$354 Per Sq Ft

1% Above List Price

3 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Central Air
  • Community Lake
  • Traditional Architecture
  • Combination Dining and Living Room

About This Home

As of August 2022

Wonderful area on Lake Hamilton's main Channel--Wide Stunning views and the most desired area in Hot Springs! Value is mostly in the lot, but rehab could be done on the home, if desired...Owners are selling "AS IS" Use extreme caution if walking on the dock...some boards are broken or loose! Property next door also available--MLS # 22026849

Last Agent to Sell the Property

Kris Tortorice

Lake Hamilton Realty, Inc. Listed on: 08/05/2022

Co-Listed By

Ben Kilgore

Lake Hamilton Realty, Inc.

Last Buyer's Agent

David Hall

The Goff Group Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1950

Lot Details

  • 0.7 Acre Lot
  • Lake Front
  • Sloped Lot
  • Wooded Lot

Parking

  • Parking Pad

Property Views

  • Lake
  • Scenic Vista

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,647 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Electric Range
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • Lake: Yes
  • Lake Name: Hamilton
  • Legal 2: Id 4756 Act Data Scout
  • LVT Date: 08/05/2022
  • Price Per Sq Ft: 353.73
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1647
  • Bedrooms: 2
  • Floors: Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Kitchen Equip: Built-In Stove, Electric Range
  • Other Rooms: Den/Family Room, Unfinished Space, Basement
  • Stories: Two Story

Exterior Features

  • Exterior: Stucco
  • Roof: Composition

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Gas, Window Units

Lot Info

  • Estimated Lot Size: 0.7
  • Estimated Lot Size: 85 x 361
  • Lot: Sloped, Wooded, Lake View, Lake Front, Vista View
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 973
  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Hill Ron and Hill Nakea
Bought by
Rck Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,603,514
Interest Rate
7.79%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 31, 1997
Sold by
Not Provided
Bought by
Lemons James M and Lemons Carolyn L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- American Abstract & Title
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,603,514 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $3,496,000 +500.1% $715 / Sq Ft
08/22/2022 08/22/22 Sold $582,600 +1.3% $354 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $575,000 -- $349 / 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 $2,113 $46,750 $46,750 $0
2023 $3,134 $69,330 $46,750 $22,580
2022 $963 $69,330 $46,750 $22,580
2021 $973 $56,700 $42,500 $14,200
2020 $598 $56,700 $42,500 $14,200
2019 $598 $56,700 $42,500 $14,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22026869

Cooperative Arkansas REALTORS® MLS

APN: 300-08992-000