6 months on rocket

116 Lakesouth Ter, Hot Springs, AR, 71913

$575,000

Home List Price

$6,828*

Closing Credit

5 Bedrooms
3 Full Baths
4,032 SqFt
$143/SqFt
House

Location

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116 Lakesouth Ter, Lake Hamilton Township$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Two Car
Year Built2008
HeatingCentral, Electric, Zoned
CoolingCentral Air, Zoned
BasementYes
FireplaceNone
ViewLake
MLS #24016199
Lot Size0.75 Acres
StatusActive

About 116 Lakesouth Ter

Grab a glass of sweet tea to sip on from your gorgeous oversized front porch and soak in the views of Lake Hamilton! Then enter this spacious oasis that provides all you need in one home. Master suite has 2 walk-in closets. Ensuite bathroom has a soaking tub, dual vanity, and large walk-in shower with tiled bench seat. The massive kitchen has counter space galore and a huge island. Granite counter tops and breakfast bar allows for easy entertaining. Two more bedrooms, full bathroom, laundry room, and home home office are on the main floor. Downstairs has a man cave with pool table, wet bar, movie theater, full bathroom, guest bedroom, home gym, and two large walk-in storage areas-one walks out to the fenced back yard. Community boat ramp and boat trailer parking. NEW ROOF in 2023. New flooring in 2020 -see floor plan in picture gallery.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2008
  • Living Area: 4,032 SqFt

Listing Office:

  • Office Name: Century 21 Parker & Scroggins Realty - Hot Springs
  • Office Phone: (501) 762-1748
  • Listing Agent: Jean Clare Dickerson

Interior Features

Interior Information:

  • Appliances: Stove, Microwave, Electric Range, Surface Range, Dishwasher, Disposal
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Luxury Vinyl
  • Interior: Wet Bar, Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Whirlpool/Hot Tub/Spa, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Wired for Highspeed Inter, Kit Counter- Granite Slab
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Lake
  • Exterior: Porch, Fully Fenced, Guttering, Iron Fence, Covered Patio

Parking Information:

  • Parking: Garage, Two Car

Virtual/3D Tour

  • Virtual Tour: 116 Lakesouth Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot: Cleared, Subdivision, Views
  • Lot Size: 0.75 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Central Avenue (Hwy 7) south to AR HWY 290. Left on Hwy 290 to left on Lakesouth Way. See agent remarks for gate code. Right on Lakesouth Terrace. Home is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $143/SqFt

HOA Fees:

  • Amount: $42
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,145
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake Hamilton Township, AR.

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Lake Hamilton Township, AR

City

Med. Sold Price

$282.5K

Med. Price/SqFt

$165

# of Sold Homes

20

116 Lakesouth Ter vs Lake Hamilton Township

195 DAYS ON ROCKET

$575,000

+$292.5K More

$143/SqFt

-$22 Less

KEY TAKEAWAY

This property is $292.5K more than the Median Sold Price and $22/SqFt less than other homes in Lake Hamilton Township, AR.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #24016199

Listing Office:

  • Office Name: Century 21 Parker & Scroggins Realty - Hot Springs
  • Office Phone: (501) 762-1748
  • Listing Agent: Jean Clare Dickerson

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: 11/21/2024, 8:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2017Home Sold
$353,000
Jan 23, 2006Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,145$69,430
2020$3,261$69,430
2019$3,261$69,430
2018$2,453$69,430

History based on county public records data.

Payment Calculator

$2,979

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-417799
4
/10

  • Oaklawn STEM Magnet School

  • 301 Oaklawn St

  • 5.26 miles

  • Public Magnet Grades PK-6

school-card-donut-417800
7
/10

  • Park Magnet IB World School

  • 617 Main St

  • 5.49 miles

  • Public Magnet Grades PK-6

school-card-donut-417801
4
/10

  • Gardner Magnet School

  • 525 Hammond Dr

  • 5.54 miles

  • Public Magnet Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,901. Residents of Lake Hamilton Township, AR typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Lakesouth Ter

What is the listing price of this property?

The listing price of 116 Lakesouth Ter property is $575,000.

What type of property is this?

The property 116 Lakesouth Ter is a house located in Hot Springs, Arkansas, 71913.

Is this property for sale now?

Active Listing: 116 Lakesouth Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,145 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 28, 2017 for $353,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 Lakesouth Ter has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 116 Lakesouth Ter is 4,032 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Lakesouth Ter is 2008.

Rocket Homes›Arkansas›Garland County›Lake Hamilton Township›71913›116 Lakesouth Ter

This home is located at 116 Lakesouth Ter in Hot Springs, AR and zip code 71913. This 4,032 square foot home, which was built in 2008, sits on a 0.75 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $575,000.

In October 2024, from all listings sold in Lake Hamilton Township, AR there were more than 3 sold above asking price, over 12 sold below and more than 3 were sold right at the asked price. The number of listings in Lake Hamilton Township, AR increased by 15.1% between September 2024 and October 2024.

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

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