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2 Balenciaga Way

2 Balenciaga Way, Hot Springs Village, AR 71909
Property in Garland
Sold May 22, 2017
$117,500
$126,000 by Citizens Bank Na
Mortgage Due Apr 01, 2052
Sold Dec 16, 2014
$115,000
Local assessors in Hot Springs Village, AR have categorized 2 Balenciaga Way as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 11,503 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2 Balenciaga Way has a total of 1,188 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 Balenciaga Way was last sold in May 19, 2017 for $117,500. According to our calculations, that's $98.91 per sqft. Prior to that sales transaction, the property was sold for $115,000 in Dec 15, 2014. Current property owners are expected to pay $367 in taxes per year. The property on 2 Balenciaga Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,370. To break that down further, the land itself was valued at $200. While improvements to the property were assessed at a total of $28,170. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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 Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,503
  • Total Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,188
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BALENCIAGA
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLOCK 1 LOT 17

Ownership

  • Current Owner : AVILA PAMELA W
  • Previous Owner : SIMMONS EMMETT
  • Owner Before Previous Owner: CARPENTER GLENDA M
  • Owner Before Previous Owner 2: CARPENTER JOHN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jessieville School District
  • School Tax School District: JESSIEVILLE
  • Census Tract: 012002

Geography

  • Parcel: 200-02525-017-000
  • Block: 1
  • Lot: 17
  • Meridian: SEC 09 TWN 01S RNG 19W
  • Municipality: JESSIEVILLE
  • Latitude: 34.6593
  • Longitude: -93.0428

    Address

  • Full Address: 2 Balenciaga Way
  • Address - House Number: 2
  • Address - Street Name: Balenciaga
  • Address - Suffix Type: Way
  • State: AR
  • City Name: Hot Springs Village
  • Carrier Code: C063
  • 4-Digit Zip Code: 4094
  • Zip Code: 71909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $367
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2606
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 62
  • Final Value: 188,485
  • High Value: 237,619
  • Low Value: 139,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Mar 15, 2022
  • First Open Lien Mortgage Loan Amount: $126,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $141,850
  • Market Land Value: $1,000
  • Market Improvement Value: $140,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,370
  • Assessed Land Value: $200
  • Assessed Improvements Value: $28,170

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2017
  • Current Sale Recording Date: May 22, 2017
  • Current Sale Transaction ID: 1731732182
  • Current Sale Price: $117,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 16, 2014
  • Previous Sale Contract Date: Dec 15, 2014
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: May 22, 2017
  • First Mortgage Loan Amount: $113,387
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: SIMMONS FIRST NATIONAL BANK
  • Previous Mortgage Transaction Date: Dec 16, 2014

About Hot Springs Village



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Frequently Asked Questions

What neighborhood is 2 Balenciaga Way located in?
The 2 Balenciaga Way is a located in the neighborhood of Garland in Hot Springs Village, Hot Springs Village.
What is the average sales price for listings in 2 Balenciaga Way?
The average sales price for units in 2 Balenciaga Way is $0 currently.

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