Check Availability
Hot Springs 71901
1348 Central Avenue
$159,900
House - For Sale

1348 Central Avenue

Hot Springs, AR 71901
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1864 Sqft
$847
Estimated Monthly
5.17%
Cap Rate

About This Property

?? Prime Residential/Commercial Property with Extra Lot  Located just off Central Ave, one of Hot Springs' busiest roads, this property offers an incredible opportunity for residential or commercial use. With over 100ft of road frontage and ample space for parking, it's perfect for starting a small business or operating an Airbnb.  ?? Key Features:  Ideal location with high visibility and traffic count of over 20k vehicles daily. Additional lot included, providing plenty of space for parking or expansion. Conveniently situated near downtown Hot Springs and Oaklawn Racing Casino. Versatile zoning allowing for various business ventures or residential living. Potential for lucrative Airbnb income due to prime location and tourist attractions nearby. Don't miss out on this rare chance to own a property in one of Hot Springs' most sought-after areas. Contact us today to schedule a viewing!  Special Financing Opportunity!

The manager has listed the unit size as 1864 square feet.
Unit Size
1,864Ft²
Days on Market
18 days
Land Size
0.30 acres
Price per sqft
$86
Property Type
House
Property Taxes
$61
HOA Dues
-
Year Built
1939

Listed By

Shaila Sharrock
ESQ. Realty Group - Hot Springs
Last updated: 6 days ago (CARMLS #24017755)

Price History

Date / Event Date Event Price
May 27, 2024 Listed by ESQ. Realty Group-Hot Springs $159,900
Listed by ESQ. Realty Group-Hot Springs
?? Prime Residential/Commercial Property with Extra Lot Located just off Central Ave, one of Hot Springs' busiest roads, this property offers an incredible opportunity for residential or commercial use. With over 100ft of road frontage and ample space for parking, it's perfect for starting a small business or operating an Airbnb. ?? Key Features: Ideal location with high visibility and traffic count of over 20k vehicles daily. Additional lot included, providing plenty of space for parking…
May 16, 2024 No longer available -
No longer available
May 1, 2024 Price Decreased $149,900
↓ $15K (9.1%)
Price Decreased
Apr 6, 2024 Price Decreased $164,900
↓ $5K (2.9%)
Price Decreased
Feb 19, 2024 Listed by Coldwell Banker Rector Phillips Morse - Hot Springs $169,900
Listed by Coldwell Banker Rector Phillips Morse - Hot Springs
C-2 Zoning for this property with high traffic count. Possibilities include office, studio, or live/work. With 100' frontage on Central Avenue, street parking on Garland Avenue, this property offers multiple uses, including redevelopment. High ceilings, open floor plan, and ready for your project. The manager has listed the unit size as 1864 square feet.
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Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Wood

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,864
  • Building Area: 1,864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAWER'S SUB
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLOCK 2 PT LOT 1 & ALL LOT 20

Ownership

  • Current Owner : CENTRAL REVOC LIV TRUST
  • Previous Owner : NOT PROVIDED
  • Ownership Rights Codes: Revocable Living 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: 011400

Geography

  • Parcel: 400-14350-013-000
  • Block: 2
  • Lot: 1,20
  • Meridian: SEC 05 TWN 03S RNG 19W
  • Municipality: HOT SPRINGS INSIDE
  • Latitude: 34.4999
  • Longitude: -93.0566

    Address

  • Full Address: 1348 Central Ave
  • Address - House Number: 1348
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: AR
  • City Name: Hot Springs National Park
  • Carrier Code: C010
  • 4-Digit Zip Code: 6035
  • Zip Code: 71901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $731
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.1072
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 89
  • Final Value: 179,642
  • High Value: 198,904
  • Low Value: 160,379

    Market Valuation

  • Market Total Value: $91,750
  • Market Land Value: $27,150
  • Market Improvement Value: $64,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,350
  • Assessed Land Value: $5,430
  • Assessed Improvements Value: $12,920

    Sales

  • Current Sale Contract Date: Feb 15, 2008
  • Current Sale Recording Date: Feb 19, 2008
  • Current Sale Transaction ID: 1018014103
  • Current Sale Price: $125,000
  • 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
3 Beds
2 Baths
1,450 ft²
$124/ft²
$180,000 Oct 19, 2023
-
$58/mo
House
2 Beds
1 Bath
1,349 ft²
$96/ft²
$129,900 May 16, 2024
-
-
Commercial
Loft
-
1,875 ft²
$88/ft²
$165,000 Dec 11, 2023
-
$804/mo
Commercial
Loft
-
1,842 ft²
$73/ft²
$135,000 Apr 16, 2024
-
$56/mo
Commercial
Loft
-
1,648 ft²
$106/ft²
$175,000 Mar 31, 2024
-
$61/mo
House
3 Beds
1 Bath
1,381 ft²
$107/ft²
$148,000 Sep 25, 2023
-
$366/mo
Commercial
Loft
-
704 ft²
$183/ft²
$129,000 Feb 8, 2024
-
$27/mo

About Hot Springs


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Frequently Asked Questions

When was property at 1348 Central Avenue built and last sold?
The property at 1348 Central Avenue was built in 1939 and last sold on Feb 15, 2008 for $125,000.
How much is this home worth?
The estimated value of the home located at 1348 Central Avenue is $174,868.
What are some comparable homes to 1348 Central Avenue?
Homes that are comparable to 1348 Central Avenue include a house property at 106 Forest Park Place, 506 West Belding Street, 211 Hobson Avenue.

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