1 year on rocket

Address Not Disclosed - MLS#23031041, Hot Springs, AR, 71901

$530,000

Home List Price

$6,294*

Closing Credit

0 Baths
5,896 SqFt
$90/SqFt
Condo

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Address Not Disclosed$530,000

Buyer Closing Credits

$6,294*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Pads
Year Built1914
CoolingWindow Unit(s)
MLS #23031041
Lot Size0.20 Acres
StatusActive

About This Home

MULTI FAMILY INCOME PRODUCING PROPERTY LOCATED DOWNTOWN A FEW BLOCKS FROM CENTRAL AVENUE. NEW WIRING, LIGHTING AND FLOORING. EXTERIOR AND INTERIOR HAS NEW PAINT. BUILDING HAS 7 1 BEDROOM APARTMENTS AND 1 EFFICIENCY APARTMENT. SPACE AVAILABLE TO ADD AN ADDITIONAL 4 UNITS. PROFIT AND LOSS STATEMENT TO BE AVAILABLE AFTER PROOF OF CASH OR PRE-APPROVAL FOR FINANCING

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1914
  • Stories: 2
  • Living Area: 5,896 SqFt

Listing Office:

  • Office Name: Rainbow Realty
  • Listing Agent: Scott Vise

Interior Features

Interior Information:

  • Appliances: Stove
  • Flooring Type: Vinyl, Wood

Exterior Features

Parking Information:

  • Parking: Parking Pads

Lot Features

Lot Information:

  • Lot: Level, Subdivision
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $530,000
  • Price Per SqFt: $90/SqFt
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Housing Market Comparison

See how this home compares to others in Hot Springs, AR.

Med. Sold Price

$235K

Med. Price/SqFt

$143

# of Sold Homes

33

This property vs Hot Springs

419 DAYS ON ROCKET

$530,000

+$295K More

$90/SqFt

-$54 Less

KEY TAKEAWAY

This property is $295K more than the Median Sold Price and $54/SqFt less than other homes in Hot Springs, AR.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #23031041

Listing Office:

  • Office Name: Rainbow Realty
  • Listing Agent: Scott Vise

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,713

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-860414
4
/10
  • Langston Elementary Leadership Academy

  • 120 Chestnut St

  • 0.97 miles

  • Public Magnet Grades PK-6

school-card-donut-860415
7
/10
  • Park Magnet IB World School

  • 617 Main St

  • 1.56 miles

  • Public Magnet Grades PK-6

school-card-donut-860416
4
/10
  • Oaklawn STEM Magnet School

  • 301 Oaklawn St

  • 1.65 miles

  • Public Magnet Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,646. Typical income of Hot Springs, AR residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Hot Springs, AR

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Hot Springs, AR?

Hot Springs offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The housing market is dynamic, with a homeownership rate that reflects a healthy balance between owners and renters within the community.

Is Hot Springs, AR a good place to live?

Hot Springs is celebrated for its unique blend of natural beauty and historical significance. The community prides itself on its namesake hot springs and the historic Bathhouse Row, which together create a distinctive atmosphere. The city's character is further enriched by its art galleries, music festivals, and the famous Hot Springs National Park, offering residents a serene yet culturally vibrant lifestyle.

Are things conveniently located in Hot Springs, AR?

The community is served by a range of essential services, including public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare is accessible through local clinics and a hospital equipped to provide a variety of medical services. Retail and dining establishments are plentiful, offering both local and international cuisine, and the city is proactive in adapting its services to meet the evolving needs of its residents.

What does the transportation in Hot Springs, AR look like?

Transportation in Hot Springs includes a network of roads that connect residents to key areas within the city and beyond. Public transit options are available, providing residents with alternatives to private vehicle use. The city's layout also supports a degree of walkability, particularly in the downtown area, where residents and visitors can enjoy easy access to shops, restaurants, and entertainment. While specific ride-sharing services are operational, the community's transport infrastructure continues to evolve to enhance connectivity and convenience.

Rocket Homes›Arkansas›Garland County›Hot Springs›71901›Address Not Disclosed

This 5,896 square foot home, which was built in 1914, sits on a 0.20 acre lot. It has been listed on Rocket Homes since September 30, 2023 and is currently priced at $530,000.

Over 4 listings were sold over their listed price in October 2024 in Hot Springs, AR. In the same period over 16 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Hot Springs, AR between September 2024 and October 2024 increased by 4.2%.

From Rocket Homes Real Estate and based on county public records data.

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