See Home Value
Hot Springs 71901
122 Arkansas Street
$158,000 - $192,000
House - Off Market

122 Arkansas Street

Hot Springs, AR 71901
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1914 Sqft
Sold Aug 09, 2019
$6,000
Sold Jan 01, 1901
Transfer

About This Property

Welcome to this charming house with a current monthly rental opportunity and an active Short-Term Rental (STR) license. Remodeled in 2021, this home offers a perfect blend of modern upgrades and vintage charm. Upon entering, you'll be greeted by original shiplap walls that exude warmth and character.  The kitchen is a standout feature of this home, with newer appliances and cedar wood highlights. A barn door separates the kitchen from the rest of the living space, adding a touch of rustic charm.  An appealing aspects of this property is the separate entrance, which opens up various rental options. Whether you want to capitalize on the lucrative short-term rental market or prefer a long-term rental (LTR) arrangement, this house has the flexibility to accommodate either. Art enthusiasts will love the unique touch of murals painted by a local artist.  With its versatile use and appealing features, this property has enormous potential for various types of buyers. Don't miss out on this fantastic opportunity! The property is priced to sell.

The manager has listed the unit size as 1914 square feet.
Unit Size
1,914Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$91
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Feb 10, 2024 No longer available -
No longer available
Nov 14, 2023 Price Decreased $175,000
↓ $24K (12.1%)
Price Decreased
Aug 22, 2023 Price Decreased $199,000
↓ $11K (5.2%)
Price Decreased
Aug 8, 2023 Listed $210,000
Listed
Apr 7, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2004
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,810
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,914
  • Building Area: 1,914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,914
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARFIELD ADDITION
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 12 & 13

Ownership

  • Current Owner : SPENCER NICKOLAS A
  • Current Owner 2: THE KL FAMILY TRUST
  • Previous Owner : LAMBERT BILLY J
  • Previous Owner 2: LAMBERT ETHEL MAE
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hot Springs School District
  • School Tax School District: HOT SPRINGS
  • School Tax District Code 2: HOT SPRINGS
  • Census Tract: 011500

Geography

  • Parcel: 400-19850-011-000
  • Block: 1
  • Lot: 12,13
  • Meridian: SEC 04 TWN 03S RNG 19W
  • Municipality: HOT SPRINGS INSIDE
  • Latitude: 34.4995
  • Longitude: -93.044

    Address

  • Full Address: 122 Arkansas St
  • Address - House Number: 122
  • Address - Street Name: Arkansas
  • Address - Suffix Type: St
  • State: AR
  • City Name: Hot Springs National Park
  • Carrier Code: C017
  • 4-Digit Zip Code: 6358
  • Zip Code: 71901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $440
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.1072
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 89
  • Final Value: 165,045
  • High Value: 182,743
  • Low Value: 147,348

    Market Valuation

  • Market Total Value: $68,400
  • Market Land Value: $5,600
  • Market Improvement Value: $62,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,680
  • Assessed Land Value: $1,120
  • Assessed Improvements Value: $12,560

    Sales

  • Current Sale Contract Date: Aug 05, 2019
  • Current Sale Recording Date: Aug 09, 2019
  • Current Sale Transaction ID: 11636440727
  • Current Sale Price: $6,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 01, 1901
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,224 ft²
$192/ft²
$235,000 Jul 7, 2023
-
$560/mo

About Hot Springs


Similar Homes for Sale

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$235,000

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244 Palmetto Street, Hot Springs, AR 71901 Listing by Bobbie Schroeder

Nearby Rentals

Unit for rent at 853 Third Street, Hot Springs, AR, 71913

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  • Studio
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853 Third Street, Hot Springs, AR, 71913 Listing by Brett Dingler
Unit for rent at 116 Valleyview, Hot Springs, AR, 71913

$2,400 /mo

  • 3 Beds
  • 3 Baths
  • 2,530 ft²
116 Valleyview, Hot Springs, AR, 71913 Listing by Haleigh Horner
Unit for rent at 100 Green Meadow, Hot Springs, AR, 71901

$2,650 /mo

  • 3 Beds
  • 2.5 Baths
  • 3,300 ft²
100 Green Meadow, Hot Springs, AR, 71901 Listing by Haleigh Horner


Frequently Asked Questions

When was property at 122 Arkansas Street built and last sold?
The property at 122 Arkansas Street was built in 1930 and last sold on Aug 5, 2019 for $6,000.
How much is this home worth?
The estimated value of the home located at 122 Arkansas Street is $181,373.
What are some comparable homes to 122 Arkansas Street?
There are currently no comparable homes to 122 Arkansas Street.

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