Check Availability
$8,000
Land - For Sale

12 Magnifico Lane

Hot Springs Village, AR 71909
bedrooms
Studio
bathrooms
0 Bath
$111
Estimated Monthly
$49
HOA / Fees

About This Property

Nice lot near Ponce De Leon Golf Course. Hot Springs Village is a gated community located 45 minutes from Little Rock and 30 minutes from Hot Springs. The Village has 9 golf courses, 11 lakes, miles of walking/biking trails, pickleball courts, outdoor pool, tennis courts, and fitness center with indoor pool. New member buy-in fee due at closing.
Unit Size
-
Days on Market
612 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$22
HOA Dues
$49
Year Built
1993
Listed By
Last updated: 2 months ago (CARMLS #22029516)

Price History

Date / Event Date Event Price
Aug 30, 2022 Listed by Taylor Realty Group $8,000
Listed by Taylor Realty Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 650
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,340
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 920
  • Total Building Area: 2,323
  • Building Area: 2,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,323
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNIFICO
  • Land Acres: 0.306
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2010-107846

Ownership

  • Current Owner : MILES VERNON G
  • Current Owner 2: MILES KATHLEEN S
  • Previous Owner : MEEK DEBORAH C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fountain Lake School District
  • School Tax School District: FOUNTAIN LAKE
  • Census Tract: 010515

Geography

  • Parcel: 619-00009-000
  • Block: 1
  • Lot: 9
  • Meridian: SEC 13 TWN 01S RNG 18W
  • Municipality: HOT SPRINGS VILLAGE
  • Latitude: 34.6434
  • Longitude: -92.8888

    Address

  • Full Address: 12 Magnifico Way
  • Address - House Number: 12
  • Address - Street Name: Magnifico
  • Address - Suffix Type: Way
  • State: AR
  • City Name: Hot Springs Village
  • Carrier Code: R087
  • 4-Digit Zip Code: 7907
  • Zip Code: 71909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,662
  • Tax Rate Code Area: 180

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 366,311
  • High Value: 429,881
  • Low Value: 302,741

    Market Valuation

  • Market Total Value: $289,665
  • Market Land Value: $52,000
  • Market Improvement Value: $237,665

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,933
  • Assessed Land Value: $10,400
  • Assessed Improvements Value: $47,533

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2010
  • Current Sale Recording Date: Dec 20, 2010
  • Current Sale Transaction ID: 1019518460
  • Current Sale Price: $221,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 10107846
  • Previous Sale Recording Date: Sep 27, 1999
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN BANCORP BANK
  • First Mortgage Transaction Date: Dec 20, 2010
  • First Mortgage Loan Amount: $155,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2041

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$8,000 May 31, 2022
-
$65/mo
Land
Loft
-
-
$8,000 Aug 30, 2022
-
$65/mo
Land
Loft
-
-
$7,500 Sep 28, 2022
-
$65/mo
Land
Loft
-
-
$8,900 Feb 21, 2023
-
$53/mo
Land
Loft
-
-
$7,000 Oct 1, 2023
-
$52/mo
Land
Loft
-
-
$7,000 Oct 1, 2023
-
$52/mo
Land
Loft
-
-
$6,900 Oct 24, 2023
-
$8/mo
Land
Loft
-
-
$9,500 Nov 9, 2023
-
$49/mo

About Hot Springs Village


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Nearby Rentals



Frequently Asked Questions

When was property at 12 Magnifico Lane built and last sold?
The property at 12 Magnifico Lane was built in 1993 and last sold on Dec 10, 2010 for $221,000.
How much is this home worth?
The estimated value of the home located at 12 Magnifico Lane is $8,080.
What are some comparable homes to 12 Magnifico Lane?
Homes that are comparable to 12 Magnifico Lane include a land property at 20 Brilliante Lane, 12 Perfecto Court, 72 Sergio Way.

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