$175,000
SOLD NOV 19, 2024

8 Madrid Way Hot Springs Village, AR 71909

3 Beds
2 Baths
2,052 Sq Ft
0.31 Acres

Recently Sold

$85 Per Sq Ft

14% Below List Price

23 Days on Market

About This Home

As of November 2024

***THIS IS A DISTRESSED PROPERTY SALE AND SHOULD, IN NO WAY, BE USED AS A COMPARABLE TO OTHER PROPERTIES IN THE AREA***

Last Agent to Sell the Property

Tom Hasselstrom

Exp Realty Listed on: 10/21/2024

Exp Realty

Last Buyer's Agent

Scott Vise

Rainbow Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,485

Year Built

1997

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Chain Link
  • LVT Date: 11/26/2024
  • Price Per Sq Ft: 85.28
  • Road Surface: Paved
  • Short Sale: Unknown
  • Street Designation: Way
  • Type: Detached
  • Estimated Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Dining Room: Living/Dining Combo
  • Fireplace: Woodburning-Site-Built, Gas Logs Present
  • Bedrooms: Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 2052
  • Bedrooms: 3
  • Floors: Carpet, Tile, Laminate
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
  • Other Rooms: Bonus Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Parking Pads, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Poa Water, Community Sewer
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Sauna, Playground, Clubhouse, Security, Party Room, Picnic Area, Mandatory Fee, Marina, Hot Tub, Golf Course, Fitness/Bike Trail, Gated Entrance
  • Condo Association Fee: Private Roads, Entrance Security
  • Condo Association Fee: 110
  • Frequency: Monthly

Lot Info

  • Estimated Lot Size: 0.31
  • Estimated Lot Size: 13491
  • Lot: Level, Corner Lot, Resort Property, In Subdivision, Lake View
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1485
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Nexis Solutions Llc
Bought by
Hilliker George T and Hilliker Suzanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$227,811
Interest Rate
6.93%
Mortgage Type
VA
Estimated Equity
$5,425

Purchase Details

Closed on
Apr 18, 2016
Sold by
Pricop Emanuel and Pricop Terah
Bought by
Christenson Michael D and Christenson Delores A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
3.64%
Mortgage Type
VA

Purchase Details

Closed on
Jul 8, 2009
Sold by
Soliday Shannon D
Bought by
Soliday Kellye Rogers

Purchase Details

Closed on
Apr 23, 2003
Sold by
Not Provided
Bought by
Pricop Terah and Rogers Kellye A

Purchase Details

Closed on
Apr 19, 2001
Sold by
Not Provided
Bought by
Nelsen Gary A and Nelsen Janis M

Purchase Details

Closed on
Mar 5, 2001
Sold by
Not Provided
Bought by
Nelson Gary A and Nelson Janis M

Purchase Details

Closed on
Nov 3, 1998
Sold by
Not Provided
Bought by
Lodwick Benjamin and Boswell John

Purchase Details

Closed on
Mar 29, 1994
Sold by
Not Provided
Bought by
Opp Paul E and Opp Antoinette H

Purchase Details

Closed on
Jan 1, 1901
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 $228,000 Advantage Title & Escrow
Warranty Deed $148,500 None Available
Interfamily Deed Transfer -- Hs Title/Hs Village
Warranty Deed $106,000 --
Warranty Deed -- --
Trustee Deed $105,000 --
Special Warranty Deed -- --
Warranty Deed $8,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 VA
Previous Owner $148,500 VA
Previous Owner $119,331 FHA
Previous Owner $34,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Pending -- -- --
12/15/2024 12/15/24 For Sale $249,900 +42.8% $122 / Sq Ft
11/19/2024 11/19/24 Sold $175,000 -13.8% $85 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $203,000 -- $99 / 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 $1,485 $46,030 $400 $45,630
2023 $1,373 $46,030 $400 $45,630
2022 $1,261 $46,030 $400 $45,630
2021 $1,121 $26,490 $1,000 $25,490
2020 $1,121 $26,490 $1,000 $25,490
2019 $1,121 $26,490 $1,000 $25,490
2018 $1,121 $26,490 $1,000 $25,490
2017 $1,121 $26,490 $1,000 $25,490
2016 $682 $24,390 $200 $24,190
2015 $682 $24,390 $200 $24,190
2014 $586 $22,130 $200 $21,930
Source: Public Records

Agents Affiliated with this Home

  • Scott Vise

    Seller's Agent in 2024

    Scott Vise

    Rainbow Realty

    (501) 617-0832

    6 in this area

    100 Total Sales

    Scott Vise
    Section Image
  • Tom Hasselstrom

    Seller's Agent in 2024

    Tom Hasselstrom

    Exp Realty

    (501) 538-7313

    112 in this area

    124 Total Sales

    Tom Hasselstrom
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24042767

Cooperative Arkansas REALTORS® MLS

APN: 061254

Arkansas Garland County Hot Springs Village 71909

8 Madrid Way, Hot Springs Village, AR

This home is located at 8 Madrid Way, Hot Springs Village, AR 71909 and is currently priced at $175,000, approximately $85 per square foot. This property was built in 1997. 8 Madrid Way is a home located in Garland County with nearby schools including Jessieville Elementary School, Jessieville Middle School, and Jessieville High School.

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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