NOT LISTED FOR SALE

514 N Patterson St Hot Springs National Park, AR 71913

Estimated Value: $74,000 - $124,000

4 Beds
2 Baths
1,500 Sq Ft
$63/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $45,000 $30 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $541/month

52 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Carpet
  • Eat-In Kitchen
  • Level Lot

About This Home

As of January 2020

514, 516 and Parcel # 40248 LOT N 50' 6 N Patterson St. 514 - House in front 516- Garage Apartment behind 514 Lot - Behind 516 All 3 being sold together- CASH FLOWS Currently Both Rented, long term tenants Can also be purchased as Part of Rental Package 302 Brenda, 406 W. Belding, 206 Campbell, 208 Campbell, Parcel # 37408 Lot 6 on Campbell St, 307 Gardner st, All for 250k See Agent Remarks

Last Agent to Sell the Property

Sarah Gersch

Southern Homes Realty - Hot Springs Listed on: 09/22/2019

Last Buyer's Agent

Sarah Gersch

Southern Homes Realty - Hot Springs Listed on: 09/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $398

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$398

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 10/30/2019
  • Price Per Sq Ft: 30
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 4 Bedrooms Same Level
  • Estimated Sq Ft: 1500
  • Bedrooms: 4
  • Floors: Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Kitchen Equip: Refrigerator-Stays
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heat Air: Window Units

Condo/Co-op/Association

  • Amenities: No Fee

Lot Info

  • Estimated Lot Size: 0.17
  • Estimated Lot Size: 0.17
  • Lot: Level

Tax Info

  • Annual Taxes: 398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2013
Sold by
Hess Kenneth A and Hess Eileen M
Bought by
Ayers Mark and The Mark Ayers Trust
Current Estimated Value
$95,054

Purchase Details

Closed on
Apr 19, 2011
Sold by
Federal National Mortgage Association
Bought by
Hess Kenneth A and Hess Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
4.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 10, 2006
Sold by
Not Provided
Bought by
Spinali Michael and Spinali Ariadni

Purchase Details

Closed on
Oct 4, 1991
Sold by
Not Provided
Bought by
Sec Of Veterans Affairs

Purchase Details

Closed on
Jul 18, 1991
Sold by
Not Provided
Bought by
First Commercial Mtg Co
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ayers Mark $160,000 Garland Country Title Co
Hess Kenneth A -- None Available
Spinali Michael -- --
Sec Of Veterans Affairs -- --
First Commercial Mtg Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hess Kenneth A $26,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $45,000 -11.4% $30 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $50,765 -- $34 / 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 $530 $13,990 $1,730 $12,260
2024 $485 $13,990 $1,730 $12,260
2023 $448 $13,990 $1,730 $12,260
2022 $411 $13,990 $1,730 $12,260
2021 $377 $8,260 $1,500 $6,760
2020 $377 $8,260 $1,500 $6,760
2019 $377 $8,260 $1,500 $6,760
2018 $377 $8,260 $1,500 $6,760
2017 $399 $8,260 $1,500 $6,760
2016 $399 $8,260 $1,500 $6,760
2015 $341 $8,260 $1,500 $6,760
2014 $157 $3,810 $1,500 $2,310
Source: Public Records

Agents Affiliated with this Home

  • Sarah Gersch

    Seller's Agent in 2020

    Sarah Gersch

    Southern Homes Realty - Hot Springs

    (501) 545-6081

    67 Total Sales

    Sarah Gersch
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19035013

Cooperative Arkansas REALTORS® MLS

APN: 300-06342-000

Arkansas Garland County Hot Springs National Park 71913

514 N Patterson St, Hot Springs National Park, 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.

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