NOT LISTED FOR SALE

7 Salvatierra Ln Hot Springs Village, AR 71909

Estimated Value: $798,000 - $1,254,000

5 Beds
4.5 Baths
6,400 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $960,000 $150 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,143/month

Highlights

  • Marina
  • Private Dock
  • Golf Course Community
  • Lake Front
  • Guest House
  • Boat Slip

About This Home

As of June 2022

Gorgeous Lake Balboa Lakefront home with fantastic views of the lake and adjacent mountains from its expansive deck features large open living spaces, gourmet kitchen, tray ceiling master bedroom, master crafters work room, tons of storage, safe room/wine cellar and more. Attached 2 bed/2bath guest house with kitchen and living area makes a perfect location for visitors/family or to use as a short term rental. 3 lots (2 with lakefront) totaling 1.85 Acres.Structures are all resident on Lot 13. AGENT REMARKS

Last Agent to Sell the Property

Karen Crowson

Crye-Leike REALTORS Benton Branch Listed on: 04/18/2022

Crye-Leike REALTORS Benton Branch

Co-Listed By

Angie Johnson

Crye-Leike REALTORS Benton Branch

Last Buyer's Agent

Kathie DeVilbiss

Diamondhead Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,486

Year Built

  • Built in 2015

Lot Details

  • 1.85 Acre Lot
  • Lake Front
  • Private Streets
  • Lot Sloped Down

HOA Fees

  • $176 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Stucco Exterior Insulation and Finish Systems
  • Architectural Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 6,400 Sq Ft Home
  • 3-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Two Story Entrance Foyer
  • Great Room
  • Open Floorplan
  • Home Theater
  • Home Office
  • Bonus Room
  • Game Room
  • Workshop
  • Finished Basement
  • Heated Basement
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Stove
  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Sustainable
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Seawall
  • Boat Slip
  • Private Dock
  • Swim Dock
  • Deck

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Co-Op Electric
  • Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Other Mandatory Fees
  • Community Lake

Amenities

  • Picnic Area
  • Sauna

Recreation

  • Boat Dock
  • 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

$5,486

Year Built

Built in 2015

Lot Details

0

HOA Fees

$176 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Guttering, Boat Dock, Guest House, Seawall
  • Lake: Yes
  • Lake Name: Balboa
  • Legal 2: Block 001 Salvatierra
  • LVT Date: 04/18/2022
  • Price Per Sq Ft: 150
  • Road Surface: Paved
  • Street Designation: Lane
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Dining Room: Breakfast Bar, Kitchen/Dining Combo, Living/Dining Combo
  • Fireplace: Gas Logs Present
  • Bedrooms: Guest Bedroom Apart, Primary Bedroom/Main Lv, 3 Bedrooms Same Level, 2 Bedrooms Same Level
  • Estimated Sq Ft: 6400
  • Basement: Cooled, Finished, Heated, Inside Access
  • Bedrooms: 5
  • Floors: Luxury Vinyl, Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Built-In Stove, Microwave, Surface Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Wall Oven
  • Other Rooms: Great Room, Office/Study, Game Room, In-Law Quarters, Workshop/Craft, Bonus Room, Laundry, Media Room/Theater
  • Stories: 2 Story Entry & Lower, Tri-Level
  • Walls Ceilings: Sheet Rock, Vault Ceiling

Exterior Features

  • Exterior: Frame, Eifs (i.E. Dryvet), Stone
  • Roof: Architectural Shingle, 3 Tab Shingles
  • Waterfront: Dock, Dock - Swimming, Dock Private, Boat Slip

Garage/Parking

  • Parking: Garage, Three Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Gas-Propane/Butane, Tv-Cable, All Underground, Poa Water
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Sauna, Playground, Security, Picnic Area, Mandatory Fee, Marina, Hot Tub, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Condo Association Fee: Entrance Security, Garbage, Private Roads, Water/Sewer
  • Condo Association Fee: 176
  • Frequency: Monthly

Schools

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

Lot Info

  • Estimated Lot Size: 1.85
  • Estimated Lot Size: 80,529 SF
  • Lot: Sloped, In Subdivision, Lake Front, Down Slope
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows
  • Green Features: Sustainable Wood Floor

Tax Info

  • Annual Taxes: 5486.09
  • Year: 2021

MLS Schools

  • Elementary School: Fountain Lake
  • HighSchool: Fountain Lake
  • Middle School: Fountain Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2004
Bought by
G and Jones
Current Estimated Value
$995,284

Purchase Details

Closed on
Nov 30, 2004
Bought by
G and Jones

Purchase Details

Closed on
Sep 1, 1988
Bought by
Boucher
Source: Public Records

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 Buyer Sale Price Title Company
G $75,000 --
G $75,000 --
Boucher $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doncapital Llc $6,522,200
Closed Jones Patricia F $555,000
Closed Jones Gregory M $550,000
Closed Jones Gregory M $241,823
Closed Jones Gregory M $284,000
Closed Jones Gregory M $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $960,000 -3.5% $150 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $995,000 -13.0% $155 / Sq Ft
04/18/2022 04/18/22 For Sale $1,144,000 -- $179 / 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 $7,978 $179,284 $15,000 $164,284
2023 $5,038 $179,284 $15,000 $164,284
2022 $5,088 $179,284 $15,000 $164,284
2021 $4,827 $116,910 $15,000 $101,910
2020 $4,827 $116,910 $15,000 $101,910
2019 $4,827 $116,910 $15,000 $101,910
2018 $4,852 $116,910 $15,000 $101,910
2017 $4,676 $116,910 $15,000 $101,910
2016 $4,786 $107,560 $15,000 $92,560
2015 $2,351 $52,950 $15,000 $37,950
2014 $2,006 $52,950 $15,000 $37,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22012333

Cooperative Arkansas REALTORS® MLS

APN: 724-00013-000