3 months on rocket

120 Chesapeake Cv, Hot Springs, AR, 71913

$690,000

Home List Price

$8,194*

Closing Credit

5 Bedrooms
3 Full Baths
2,352 SqFt
$293/SqFt
House

Location

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120 Chesapeake Cv, Hot Springs Township$690,000

Buyer Closing Credits

$8,194*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (see remarks)
Year Built2006
HeatingCentral, Electric
CoolingCentral Air
FireplaceNone
MLS #24030238
StatusActive

About 120 Chesapeake Cv

Experience lakeside living with one of three exquisite homes on Lake Hamilton in Hot Springs, Arkansas. Currently thriving as a short-term rental, this property is one of 3 and offers a unique investment with immediate income potential. This home features a spacious, well-designed layout perfect for families and groups, offering 5 bedrooms,3 bathrooms, and 2,352 sq ft of inviting living space. Centrally located, enjoy proximity to Hot Springs' top attractions, including renowned dining, vibrant marinas, and diverse shopping. The famous Oaklawn Casino and Race Track is a short drive away. The property with 47 frontage feet includes a single boat slip ideal for pontoon or ski boats away from main channel waves. The main floor has one bedroom, an open kitchen, and a living area, with laundry and storage near the kitchen and entry. The lower level includes a bedroom and a great room with a kitchenette, while the top floor houses two more bedrooms with a bath that has a shower and a bathtub. This home has space for multiple generations to enjoy lake living.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2006
  • Stories: 2
  • Living Area: 2,352 SqFt

Listing Office:

  • Office Name: Lake Homes Realty, LLC
  • Office Phone: (866) 525-3466
  • Listing Agent: Rachelle McClard

Interior Features

Interior Information:

  • Appliances: Stove, Microwave, Electric Range
  • Flooring Type: Carpet, Wood, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Other (see remarks)

Lot Features

Lot Information:

  • Lot: Sloped

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Central Avenue south to Burchwood Bay, turn right and go to Chesapeake Cove and turn left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $690,000
  • Price Per SqFt: $293/SqFt

Tax Information:

  • Annual Amount: $2,775
  • Tax Year: 2021
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Housing Market Comparison

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

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Hot Springs Township, AR

City

Med. Sold Price

$257.5K

Med. Price/SqFt

$148

# of Sold Homes

41

120 Chesapeake Cv vs Hot Springs Township

93 DAYS ON ROCKET

$690,000

+$432.5K More

$293/SqFt

+$144 More

KEY TAKEAWAY

This property is $432.5K more than the Median Sold Price and $144/SqFt more than other homes in Hot Springs Township, AR.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #24030238

Listing Office:

  • Office Name: Lake Homes Realty, LLC
  • Office Phone: (866) 525-3466
  • Listing Agent: Rachelle McClard

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, 7:20:48 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

Nov 02, 2015Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,775$60,820
2020$2,378$60,820
2019$2,378$60,820
2018$1,982$60,820

History based on county public records data.

Payment Calculator

$3,511

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,135

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NMLS#3030

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-403794
4
/10

  • Gardner Magnet School

  • 525 Hammond Dr

  • 2.69 miles

  • Public Magnet Grades PK-6

school-card-donut-403795
7
/10

  • Park Magnet IB World School

  • 617 Main St

  • 2.92 miles

  • Public Magnet Grades PK-6

school-card-donut-403796
4
/10

  • Oaklawn STEM Magnet School

  • 301 Oaklawn St

  • 2.96 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 $57,870. The most common annual income of people living in Hot Springs Township, AR is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 120 Chesapeake Cv

What is the listing price of this property?

The listing price of 120 Chesapeake Cv property is $690,000.

What type of property is this?

The property 120 Chesapeake Cv is a house located in Hot Springs, Arkansas, 71913.

Is this property for sale now?

Active Listing: 120 Chesapeake Cv 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 $2,775 (source: MLS/based on county public records data).

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

The last sale was on November 2, 2015 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 120 Chesapeake Cv has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 120 Chesapeake Cv is 2,352 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 120 Chesapeake Cv is 2006.

Rocket Homes›Arkansas›Garland County›Hot Springs Township›71913›120 Chesapeake Cv

This home is located at 120 Chesapeake Cv in Hot Springs, AR and zip code 71913. This 2,352 square foot home was built in 2006. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $690,000.

Hot Springs Township, AR housing market in October 2024 saw over 5 listings sold above listed price, more than 10 sold at listed price and over 20 sold below. Between September 2024 and October 2024, Hot Springs Township, AR real estate market has seen increase in the number of listings by 4.5%.

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

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