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Address Not Disclosed - MLS#24041260, Hot Springs, AR, 71901

$199,000

Home List Price

$2,363*

Closing Credit

2 Bedrooms
1 Full Bath
860 SqFt
$231/SqFt
House

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Address Not Disclosed$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Pads
Year Built1955
HeatingCentral, Electric
CoolingCentral Air
FireplaceNone
MLS #24041260
StatusActive

About This Home

Discover a charming gem nestled in the heart of Hot Springs! This stylishly renovated cottage offers the perfect blend of cozy living and lucrative potential. This delightful cottage is an ideal retreat or investment opportunity.. Nature enthusiasts will enjoy the proximity to the Northwoods trails for hiking and biking, where adventure awaits just steps from your doorstep. For those seeking a bit of urban exploration, the historical downtown area is a stone's throw away, offering a vibrant tapestry of culture, dining, and entertainment. But wait, there's more! This property isn't just a cottage; it's a thriving business opportunity. Currently operating as an active short-term rental with all the necessary business licenses in place, this cottage is primed for immediate income generation. Imagine the possibilities as you welcome guests to experience the magic of Hot Springs from this enchanting abode. Whether you're looking for a personal sanctuary or a savvy investment, this renovated cottage checks all the boxes. With its stylish updates, prime location, & income potential. Don't miss your chance to own a slice of Hot Springs heaven – where comfort meets opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow/Cottage
  • Year Built: 1955
  • Stories: 1
  • Living Area: 860 SqFt

Listing Office:

  • Office Name: Trademark Real Estate, Inc.
  • Office Phone: (501) 318-3200
  • Listing Agent: Kim Walker

Interior Features

Interior Information:

  • Appliances: Stove, Microwave, Electric Range, Dishwasher
  • Flooring Type: Luxury Vinyl, Other (see remarks), Tile
  • Interior: Washer Connection, Dryer Connection-Electric, Smoke Detector(s), Window Treatments
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio, Screened Porch, Partially Fenced

Parking Information:

  • Parking: Parking Pads

Lot Features

Lot Information:

  • Lot: Sloped, Level

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $233
  • Tax Year: 2021
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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

$235K

Med. Price/SqFt

$143

# of Sold Homes

33

This property vs Hot Springs

3 DAYS ON ROCKET

$199,000

-$36K Less

$231/SqFt

+$87 More

KEY TAKEAWAY

This property is $36K less than the Median Sold Price and $87/SqFt more than other homes in Hot Springs, AR.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #24041260

Listing Office:

  • Office Name: Trademark Real Estate, Inc.
  • Office Phone: (501) 318-3200
  • Listing Agent: Kim Walker

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, 9:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 10, 2019Home Sold
$55,000

Tax History

YEARPROP. TAXASSESSMENT
2021$233$5,100
2020$233$5,100
2019$233$5,100
2018 - $5,100

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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-414331
4
/10

  • Langston Elementary Leadership Academy

  • 120 Chestnut St

  • 2.08 miles

  • Public Magnet Grades PK-6

school-card-donut-414332
7
/10

  • Park Magnet IB World School

  • 617 Main St

  • 3.38 miles

  • Public Magnet Grades PK-6

school-card-donut-414333
4
/10

  • Oaklawn STEM Magnet School

  • 301 Oaklawn St

  • 3.53 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 $35,366. The most common annual income of people living in Hot Springs, AR is less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree 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.

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 860 square foot home was built in 1955. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $199,000.

In October 2024, from all listings sold in Hot Springs, AR there were more than 4 sold above asking price, over 16 sold below and more than 8 were sold right at the asked price. The number of listings in Hot Springs, AR increased by 4.2% between September 2024 and October 2024.

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

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