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40 Aspe Lane

40 Aspe Lane, Hot Springs Village, AR 71909
Property in Garland
Sold Jun 27, 2017
$173,500
$156,000 by Loandepot.com Llc
Mortgage Due Mar 01, 2036
Sold May 08, 2012
$170,000
$165,592 by Bank Of The Ozarks
Mortgage Due Jun 01, 2042
Local assessors in Hot Springs Village, AR have categorized 40 Aspe Lane as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 11,100 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 40 Aspe Lane has a total of 1,818 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 416 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 19, 2017 for $173,500. That's $95.43 per sqft. Prior to that sales transaction, the property was also sold in May 7, 2012 for $170,000. 40 Aspe Lane was last assessed in 2023. The total value of the property was assessed at $43,060. Specifically, the land the property is located on was valued at $200. While improvements on the property were assessed at a total of $42,860. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $733. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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 Type: Finished improved basement
  • Basement Area: 416
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,100
  • Lot Size Frontage Feet: 111,000
  • Total Building Area: 1,818
  • Building Area: 1,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,818
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TARRAGONA B
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 6 LOT 25

Ownership

  • Current Owner : CALLAHAN CLARENCE E
  • Previous Owner : JOHNSON MICHAEL K
  • Previous Owner 2: JOHNSON RACHAEL W
  • Owner Before Previous Owner: WHEELER GERALD L
  • Owner Before Previous Owner 2: WHEELER DEANNA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Parcel: 200-64000-062-000
  • Block: 6
  • Lot: 25
  • Meridian: SEC 02 TWN 01S RNG 19W
  • Municipality: JESSIEVILLE
  • Latitude: 34.671
  • Longitude: -93.0085

    Address

  • Full Address: 40 Aspe Ln
  • Address - House Number: 40
  • Address - Street Name: Aspe
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Hot Springs Village
  • Carrier Code: C064
  • 4-Digit Zip Code: 3316
  • Zip Code: 71909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $733
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2756
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 60
  • Final Value: 266,168
  • High Value: 339,539
  • Low Value: 192,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Loan Amount: $156,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $215,300
  • Market Land Value: $1,000
  • Market Improvement Value: $214,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,060
  • Assessed Land Value: $200
  • Assessed Improvements Value: $42,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2017
  • Current Sale Recording Date: Jun 27, 2017
  • Current Sale Transaction ID: 1589805422
  • Current Sale Price: $173,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 08, 2012
  • Previous Sale Contract Date: May 07, 2012
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SWBC MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 27, 2017
  • First Mortgage Loan Amount: $156,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF THE OZARKS
  • Previous Mortgage Transaction Date: May 08, 2012
  • Previous Mortgage Loan Amount: $165,592
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2042

About Hot Springs Village



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Frequently Asked Questions

What neighborhood is 40 Aspe Lane located in?
The 40 Aspe Lane is a located in the neighborhood of Garland in Hot Springs Village, Hot Springs Village.
What is the average sales price for listings in 40 Aspe Lane?
The average sales price for units in 40 Aspe Lane is $0 currently.

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