NOT LISTED FOR SALE

8 Palacio Cir Hot Springs Village, AR 71909

Estimated Value: $255,435 - $315,000

3 Beds
2 Baths
2,118 Sq Ft
$134/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $122,000 $58 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,614/month

Highlights

  • On Golf Course
  • Clubhouse
  • Ranch Style House
  • Gated Community
  • Deck
  • Wood Flooring

About This Home

As of July 2018

Beautiful one level frame ranch style home located within the gated community of Hot Springs Village. Home features 3 bedrooms, 2 full bathrooms, central heat, central cool, attached 2 car carport, carport storage, porch and rear deck. Stunning hardwood flooring throughout, great room with full length windows facing a majestic view of the DeSoto Golf Course.. HUD Case #031-469536, FHA Financing: IE (Insured Escrow). Property is sold in as is condition, no warranties, guarantees or representations.

Last Agent to Sell the Property

Tom Shelton

Trademark Real Estate, Inc. License #AB00001666 Listed on: 06/15/2018

Trademark Real Estate, Inc.

Last Buyer's Agent

Lauren Sharp

Crye-Leike REALTORS Hot Springs License #SA00081364

Crye-Leike REALTORS Hot Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1976

Lot Details

  • On Golf Course
  • Level Lot

HOA Fees

  • $66 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,118 Sq Ft Home
  • Built-In Features
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Golf Course Views
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Utilities District Sewer

Community Details

Overview

  • Valle Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse
  • Party Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,080

Year Built

Built in 1976

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential Single Family
  • Style: Ranch
  • Subdivision: Valle
  • Directions: From AR-7/N Highway 7 turn right onto De Soto Blvd, turn left onto Barcelona Rd, turn left onto Palacio Circle.
  • Price Per Sq Ft: 57.6
  • Source Of Sq Ft: Appraisal
  • Warranty: As-Is, Prsnt Cnd at Clsng
  • Second Address Number: 8
  • Geo Longitude: -93.052025
  • OFFICELIST_STATE: AR
  • Street Designation: Circle
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Floors: Tile, Vinyl, Wood
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-in Shower, Built-Ins, Ceiling Fan(s), Primary Bedroom w/Bath
  • Stories: One Story
  • Number of Bedrooms: 3
  • Full Bathrooms: 2
  • Dining Area: Eat-In Kitchen, Living/Dining Combo, Separate Dining Room
  • Other Rooms: Great Room
  • Estimated Sq Ft: 2118
  • Estimated Year Built: 1976
  • Kitchen Equipment: Dishwasher, Electric Range, Free-Standing Stove, Microwave
  • Walls: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Frame
  • Exterior Features: Deck, Porch, Outside Storage Area
  • Road Surface: Paved
  • Roof: Composition
  • Foundation: Crawl Space

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Heating Air Conditioning: Central Cool - Electric, Central Heat - Electric
  • Utilities: Electric – Entergy, POA Water, Sewer - Municipal

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness/Bike Trail, Golf Course, Gated Entrance, Mandatory Fee, Marina, Picnic Area, Playground, Party Room, Security, Swimming Pool(s), Tennis Court(s)
  • Condo Association Fee: 65.5
  • Association Condo Fee Type: Entrance Security, Private Roads
  • Frequency: Monthly

Schools

  • School District: Jessieville
  • School District: Jessieville

Lot Info

  • Estimated Lot Size: 00x00
  • Geo Subdivision: AR
  • Lot: Level, Golf Course Frontage, In Subdivision, Upslope, Golf Course View

Tax Info

  • Estimated Annual Taxes: 1080.34
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 19, 2018
Sold by
Secretary Of Hud
Bought by
White Kikki
Seller's Agent
Tom Shelton
Trademark Real Estate, Inc.
Buyer's Agent
Lauren Sharp
Crye-Leike REALTORS Hot Springs
Sold Price
$122,000
Current Estimated Value
$284,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,859
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
Feb 23, 2018
Sold by
Gateway Mortgage Llc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 8, 2018
Sold by
Mcneal William Paul
Bought by
Gateway Mortgage Group Llc

Purchase Details

Listed on
Mar 17, 2015
Closed on
May 5, 2015
Bought by
Mcneal William Paul
Seller's Agent
Sandra Carle
Hot Springs Village Real Estate
Buyer's Agent
Kevin Marsh
RE/MAX Affiliates Realty
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$147,283
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 17, 2015
Closed on
Apr 29, 2015
Bought by
Mcneal William Paul
Seller's Agent
Sandra Carle
Hot Springs Village Real Estate
Buyer's Agent
Kevin Marsh
RE/MAX Affiliates Realty
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2011
Sold by
Parry Martha F
Bought by
Sage Jasper F and Sage Teresa G
Source: Public Records

Range of Values:

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Average Value
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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
White Kikki $122,000 Hs Title
Secretary Of Hud -- None Available
Gateway Mortgage Group Llc $111,650 None Available
Mcneal William Paul $150,000 --
Mcneal William P $150,000 Hs Title
Mcneal William Paul $150,000 --
Sage Jasper F $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcneal William P $147,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2018 07/23/18 Sold $122,000 0.0% $58 / Sq Ft
07/23/2018 07/23/18 Sold $122,000 -6.2% $58 / Sq Ft View Prior Sale
06/15/2018 06/15/18 Pending -- -- --
06/15/2018 06/15/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $130,000 0.0% $61 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $130,000 -13.3% $61 / Sq Ft
04/27/2015 04/27/15 Sold $150,000 0.0% $70 / Sq Ft View Prior Sale
03/28/2015 03/28/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $150,000 -- $70 / Sq Ft
Source: Hot Springs Board of REALTORS®

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 $546 $40,050 $1,400 $38,650
2024 $630 $40,050 $1,400 $38,650
2023 $705 $40,050 $1,400 $38,650
2022 $1,130 $40,050 $1,400 $38,650
2021 $1,130 $26,710 $1,700 $25,010
2020 $755 $26,710 $1,700 $25,010
2019 $768 $27,010 $2,000 $25,010
2018 $768 $25,540 $2,000 $23,540
2017 $1,080 $25,540 $2,000 $23,540
2016 $1,144 $27,050 $1,800 $25,250
2015 $1,144 $27,050 $1,800 $25,250
2014 $1,144 $27,050 $1,800 $25,250
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tom Shelton

    Trademark Real Estate, Inc.

    (501) 622-8332

    7 in this area

    50 Total Sales

    Tom Shelton
    Section Image
  • Lauren Sharp

    Buyer's Agent in 2018

    Lauren Sharp

    Crye-Leike

    (501) 318-4896

    1 in this area

    31 Total Sales

    Lauren Sharp
    Section Image
  • Sandra Carle

    Seller's Agent in 2015

    Sandra Carle

    Hot Springs Village Real Estate

    (501) 984-2180

    98 in this area

    99 Total Sales

    Sandra Carle
    Section Image
  • Kevin Marsh

    Buyer's Agent in 2015

    Kevin Marsh

    RE/MAX

    (501) 944-3325

    99 Total Sales

    Kevin Marsh
    Section Image
See All Agents

Map

Source: Hot Springs Board of REALTORS®

MLS Number: 121377

Hot Springs Board of REALTORS®

APN: 200-66850-004-000

Arkansas Garland County Hot Springs Village 71909

8 Palacio Cir, Hot Springs Village, AR

Not Listed for Sale

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