new - 1 day on rocket

532 Summer St, Hot Springs, AR, 71913

$135,000

Home List Price

$1,603*

Closing Credit

2 Bedrooms
1 Full Bath
1,599 SqFt
$84/SqFt
House

Location

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532 Summer St, Hot Springs$135,000

Buyer Closing Credits

$1,603*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Parking Pads, Garage Apartment
Attached GarageYes
Year Built1940
HeatingCentral, Gas, Floor Furnace, Wall Furnace
CoolingCentral Air, Window Unit(s)
FireplaceNone
MLS #24038825
Lot Size0.18 Acres
StatusActive

About 532 Summer St

Investment opportunity in Hot Springs' city center. This property includes a 2/1 main house plus a 1/1 garage apartment; combined rental income has been $1,200 a month (with room to grow!). The main house has been freshly painted and is ready for its new occupant. At 1,048 sq ft, a living room, eat-in kitchen, 2 bedrooms, 1 bathroom, attached laundry, and cute front and back porches make up the main house which previously rented for $700 a month. The 551 sq ft garage apartment is a 1 bedroom, 1 bathroom with a living/kitchen and its own laundry; the apartment is currently rented for $500 a month. The garage apartment tenant has expressed interest in staying; lease ends in December. Central Heat and Air in the main house (2018); Garage Apartment has gas wall heat and window unit AC (2024). Schedule your showing for the main house, and the garage apartment may be viewed with an accepted contract.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Living Area: 1,599 SqFt

Listing Office:

  • Office Name: CBRPM Hot Springs
  • Office Phone: (501) 525-7355
  • Listing Agent: Kelly O'Dwyer

Interior Features

Interior Information:

  • Appliances: Stove
  • Flooring Type: Tile, Laminate
  • Interior: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, Outside Storage Area

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage, Parking Pads, Garage Apartment

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Gas, Floor Furnace, Wall Furnace
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: Central Ave to Greenwood. Greenwood to Summer.

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000
  • Price Per SqFt: $84/SqFt
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Housing Market Comparison

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

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Hot Springs, AR

City

Med. Sold Price

$215K

Med. Price/SqFt

$131

# of Sold Homes

44

532 Summer St vs Hot Springs

1 DAY ON ROCKET

$135,000

-$80K Less

$84/SqFt

-$47 Less

KEY TAKEAWAY

This property is $80K less than the Median Sold Price and $47/SqFt less than other homes in Hot Springs, AR.

Based on homes sold in September 2024

MLS Details

MLS Information:

  • MLS Number: #24038825

Listing Office:

  • Office Name: CBRPM Hot Springs
  • Office Phone: (501) 525-7355
  • Listing Agent: Kelly O'Dwyer

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: 10/25/2024, 12:20:48 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

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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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-12526
7
/10

  • Park Magnet School

  • 617 Main St

  • 0.64 miles

  • Public Magnet Grades KG-4

school-card-donut-12527
3
/10

  • Oaklawn Magnet School

  • 301 Oaklawn St

  • 0.92 miles

  • Public Magnet Grades PK-4

school-card-donut-12528
3
/10

  • Gardner Magnet School

  • 525 Hammond Dr

  • 1.25 miles

  • Public Magnet Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,526. The majority of Hot Springs, AR residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

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.

Types of housing 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.

What is it like to live in Hot Springs, AR?

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.

Is it easy to get around Hot Springs, AR without a car?

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.

Transportation in Hot Springs, AR.

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.

Frequently Asked Questions About 532 Summer St

What is the listing price of this property?

The listing price of 532 Summer St property is $135,000.

What type of property is this?

The property 532 Summer St is a house located in Hot Springs, Arkansas, 71913.

Is this property for sale now?

Active Listing: 532 Summer St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 532 Summer St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 532 Summer St is 1,599 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 532 Summer St is 1940.

Rocket Homes›Arkansas›Garland County›Hot Springs›71913›532 Summer St

This home is located at 532 Summer St in Hot Springs, AR and zip code 71913. This 1,599 square foot home, which was built in 1940, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $135,000.

In September 2024 more than 2 listings in Hot Springs, AR were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 24 were sold below. The number of listings in Hot Springs, AR increased by 2.6% between August 2024 and September 2024.

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

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