Seller's Agent in 2020
Andrea Marks
Hot Springs 1st Choice Realty
(501) 545-9770
180 Total Sales
5 Madrid Way Hot Springs Village, AR 71909
Estimated Value: $298,455 - $352,000
3
Beds
3
Baths
2,536
Sq Ft
$130/Sq Ft
Est. Value
Highlights
- Marina
- Safe Room
- Gated Community
- Golf Course Community
- Spa
- Lake View
About This Home
As of August 2020Beautiful Architecturally designed 3 BR 3 bath home with lots of windows to bring in natural light & partial views of Lake Desoto! The well maintained home offers great indoor & outdoor space with privacy. Exterior includes 2-car garage, low maintenance yard, fence, large covered porch, 2 decks & hot tub. Interior features open floor plan, chef's kitchen, extra storage, new flooring, large master BR & bath with double sinks & new Bath Fitter shower. Additional 2 rooms & full bath downstairs newly renovated.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $896
Year Built
- Built in 1984
Lot Details
- 0.29 Acre Lot
- Partially Fenced Property
- Landscaped
- Level Lot
HOA Fees
- $69 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Combination Foundation
- Frame Construction
- Architectural Shingle Roof
Interior Spaces
- 2,536 Sq Ft Home
- Wet Bar
- Built-in Bookshelves
- Sheet Rock Walls or Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Glass Doors
- Fireplace Features Blower Fan
- Window Treatments
- Two Story Entrance Foyer
- Great Room
- Family Room
- Formal Dining Room
- Bonus Room
- Workshop
- Vinyl Flooring
- Lake Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- In-Law or Guest Suite
- 3 Full Bathrooms
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Partially Finished Basement
- Heated Basement
- Walk-Out Basement
- Interior Basement Entry
Home Security
- Safe Room
- Home Security System
- Fire and Smoke Detector
Parking
- 2 Car Garage
- Parking Pad
- Automatic Garage Door Opener
Outdoor Features
- Spa
- River Nearby
- Deck
- Storm Cellar or Shelter
- Porch
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
Overview
- Other Mandatory Fees
Amenities
- Picnic Area
- Clubhouse
- Party Room
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Playground
- Community Pool
- Bike Trail
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2020
Closed on
Aug 11, 2020
Sold by
Cortes Thomas and Cortes Sharon M
Bought by
Hardin Daniel and Hardin Joanne
Seller's Agent
Andrea Marks
Hot Springs 1st Choice Realty
Buyer's Agent
Andrea Marks
Hot Springs 1st Choice Realty
List Price
$212,000
Sold Price
$194,000
Premium/Discount to List
-$18,000
-8.49%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,114
Avg. Annual Appreciation
10.74%
Original Mortgage
$155,200
Outstanding Balance
$137,363
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$192,751
Purchase Details
Closed on
May 1, 2018
Sold by
Smith Dan R and Smith Trudy D
Bought by
Cortes Thomas and Cortes Sharon M
Purchase Details
Listed on
Mar 2, 2015
Closed on
Apr 10, 2015
Sold by
Mason James L and Mason Cydine S
Bought by
Smith Dan R and Smith Trudy D
Seller's Agent
Charlotte Hitchens
RE/MAX of Hot Springs Village
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$100,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 9, 2012
Closed on
Mar 11, 2013
Sold by
Boyd Anna L
Bought by
Mason James L and Mason Cydnie S
Seller's Agent
Patricia Bollier
RE/MAX of Hot Springs Village
Buyer's Agent
Charlotte Hitchens
RE/MAX of Hot Springs Village
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%
Original Mortgage
$115,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 1995
Sold by
Not Provided
Bought by
Boyd Fam Trust Trustee and Boyd James E
Purchase Details
Closed on
Dec 20, 1993
Sold by
Not Provided
Bought by
Boyd James E and Boyd Anna L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hardin Daniel | $194,000 | Advantage Title & Escrow | |
| Cortes Thomas | $165,000 | None Available | |
| Smith Dan R | $150,000 | None Available | |
| Mason James L | $145,000 | Security Title | |
| Boyd Fam Trust Trustee | -- | -- | |
| Boyd James E | $169,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hardin Daniel | $155,200 | |
| Previous Owner | Smith Dan R | $100,000 | |
| Previous Owner | Mason James L | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/13/2020 08/13/20 | Sold | $194,000 | -8.5% | $76 / Sq Ft | |
| 06/20/2020 06/20/20 | For Sale | $212,000 | +41.3% | $84 / Sq Ft | |
| 04/16/2015 04/16/15 | Sold | $150,000 | -3.2% | $59 / Sq Ft | View Prior Sale |
| 03/17/2015 03/17/15 | Pending | -- | -- | -- | |
| 03/02/2015 03/02/15 | For Sale | $154,900 | +6.8% | $61 / Sq Ft | |
| 03/15/2013 03/15/13 | Sold | $145,000 | -3.3% | $57 / Sq Ft | View Prior Sale |
| 02/13/2013 02/13/13 | Pending | -- | -- | -- | |
| 10/09/2012 10/09/12 | For Sale | $149,900 | -- | $59 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
Tax History Compared to Growth
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 | $722 | $54,530 | $400 | $54,130 |
| 2024 | $803 | $54,530 | $400 | $54,130 |
| 2023 | $850 | $53,870 | $400 | $53,470 |
| 2022 | $1,275 | $53,870 | $400 | $53,470 |
| 2021 | $1,271 | $30,050 | $1,000 | $29,050 |
| 2020 | $896 | $30,050 | $1,000 | $29,050 |
| 2019 | $896 | $30,050 | $1,000 | $29,050 |
| 2018 | $896 | $30,050 | $1,000 | $29,050 |
| 2017 | $888 | $30,050 | $1,000 | $29,050 |
| 2016 | $888 | $29,270 | $200 | $29,070 |
| 2015 | $1,238 | $29,270 | $200 | $29,070 |
| 2014 | $1,238 | $29,270 | $200 | $29,070 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Marks
-
Charlotte Hitchens
Seller's Agent in 2015
Charlotte Hitchens
RE/MAX
(888) 828-9478
145 in this area
146 Total Sales
-
Patricia Bollier
Seller's Agent in 2013
Patricia Bollier
RE/MAX
(888) 828-9478
339 in this area
341 Total Sales
Map
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 20018919
APN: 200-42250-020-000
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