2 months on rocket

122 Chesapeake Cv, Hot Springs, AR, 71913

$585,000

Home List Price

$6,947*

Closing Credit

4 Bedrooms
3 Full Baths
2,196 SqFt
$266/SqFt
House

Location

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122 Chesapeake Cv, Hot Springs Township$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (see remarks)
Year Built2006
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBay
FireplaceNone
MLS #24030239
Lot Size999.00 Acres
StatusActive

About 122 Chesapeake Cv

Embrace the charm of lakeside living with one of three stunning homes on Lake Hamilton in Hot Springs, Arkansas. These homes are successful short-term rentals, providing a lucrative investment with immediate income. Each home offers a spacious layout ideal for families and groups, featuring 4 bedrooms, 3 bathrooms, and 2,196 sq ft of comfortable living space. Conveniently located, these homes are close to Hot Springs' best attractions, including excellent dining, lively marinas, and varied shopping. The renowned Oaklawn Casino and Race Track is just a short drive away. The property features a picturesque boardwalk, perfect for enjoying lake activities such as boating, fishing, or relaxing by the serene cove waters, sheltered from main channel waves. The main floor includes one bedroom, an open kitchen, and living area, with laundry and storage near the kitchen and entry. The lower level features a bedroom and a great room with a kitchenette, while the top floor has two additional bedrooms.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2006
  • Stories: 2
  • Living Area: 2,196 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Surface Range, Oven
  • Flooring Type: Carpet, Wood, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Bay

Parking Information:

  • Parking: Other (see remarks)

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 999.00 Acres

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: $585,000
  • Price Per SqFt: $266/SqFt

Tax Information:

  • Annual Amount: $2,571
  • 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

122 Chesapeake Cv vs Hot Springs Township

89 DAYS ON ROCKET

$585,000

+$327.5K More

$266/SqFt

+$117 More

KEY TAKEAWAY

This property is $327.5K more than the Median Sold Price and $117/SqFt more than other homes in Hot Springs Township, AR.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #24030239

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: 11/17/2024, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,571$56,250
2020$2,265$56,250
2019$2,265$56,250
2018$1,888$56,250

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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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-474273
4
/10

  • Gardner Magnet School

  • 525 Hammond Dr

  • 2.68 miles

  • Public Magnet Grades PK-6

school-card-donut-474274
7
/10

  • Park Magnet IB World School

  • 617 Main St

  • 2.91 miles

  • Public Magnet Grades PK-6

school-card-donut-474275
4
/10

  • Oaklawn STEM Magnet School

  • 301 Oaklawn St

  • 2.95 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 majority of Hot Springs Township, AR residents have income between $35k-100k annually. The most common type of family is 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 122 Chesapeake Cv

What is the listing price of this property?

The listing price of 122 Chesapeake Cv property is $585,000.

What type of property is this?

The property 122 Chesapeake Cv is a house located in Hot Springs, Arkansas, 71913.

Is this property for sale now?

Active Listing: 122 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 $2,571 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 122 Chesapeake Cv has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 122 Chesapeake Cv is 2,196 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 122 Chesapeake Cv is 2006.

Rocket Homes›Arkansas›Garland County›Hot Springs Township›71913›122 Chesapeake Cv

This home is located at 122 Chesapeake Cv in Hot Springs, AR and zip code 71913. This 2,196 square foot home, which was built in 2006, sits on a 999.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $585,000.

In October 2024 more than 5 listings in Hot Springs Township, AR were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 20 were sold below. In October 2024 in Hot Springs Township, AR there were 4.5% more homes for sale than in September 2024.

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

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