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5 Sosegado Place

5 Sosegado Place, Hot Springs Village, AR 71909
Property in Saline
Sold May 05, 2017
$160,000
$139,397 by Primary Residential Mortgage I
Mortgage Due Feb 01, 2052
Sold Jun 30, 2005
$152,000
$80,000 by Union Planters Bank Na
Mortgage Due Jul 01, 2035
5 Sosegado Place has been categorized by the local assessors in Hot Springs Village, AR as a residential type of property. The building on the property was first built in 1995 and is 29 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5 Sosegado Place has 1,939 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,360 ft and across the front of the lot is 1,070 ft. The area measurement of the land has been determined as 14,552 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 Sosegado Place sold most recently in Apr 24, 2017 for a total of $160,000. If you work out the math, that's approximately a cost of $82.52 per sqft. Before that, the property was also sold for $152,000 in Jun 28, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $989 in taxes each year. 5 Sosegado Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,819. If we break it down further, the land itself was valued at $8,800. Improvements to the property, however, were assessed at a total of $37,019. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 506
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,552
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,939
  • Building Area: 1,939
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,939
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELLISIMO
  • Land Acres: 0.334
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2017-008113

Ownership

  • Current Owner : FARNEY JOHN P
  • Previous Owner : SCHULTS RICHARD O
  • Owner Before Previous Owner: TRYON JOHN E
  • Owner Before Previous Owner 2: TRYON PHYLLIS R
  • 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: 427-00041-000
  • Block: 3
  • Lot: 5
  • Meridian: SEC 14 TWN 01S RNG 18W
  • Municipality: HOT SPRINGS VILLAGE
  • Latitude: 34.6404
  • Longitude: -92.8971

    Address

  • Full Address: 5 Sosegado Pl
  • Address - House Number: 5
  • Address - Street Name: Sosegado
  • Address - Suffix Type: Pl
  • State: AR
  • City Name: Hot Springs Village
  • Carrier Code: R088
  • 4-Digit Zip Code: 7741
  • Zip Code: 71909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $989
  • Tax Rate Code Area: 180

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 288,921
  • High Value: 349,819
  • Low Value: 228,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,397
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Loan Amount: $139,397
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $229,095
  • Market Land Value: $44,000
  • Market Improvement Value: $185,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,819
  • Assessed Land Value: $8,800
  • Assessed Improvements Value: $37,019

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2017
  • Current Sale Recording Date: May 05, 2017
  • Current Sale Transaction ID: 1812136424
  • Current Sale Price: $160,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017-008113
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Contract Date: Jun 28, 2005
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RICHARD O SCHULTZ 1976 CONVERT
  • First Mortgage Transaction Date: May 05, 2017
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: UNION PLANTERS BANK NA
  • Previous Mortgage Transaction Date: Jun 30, 2005
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Hot Springs Village



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Frequently Asked Questions

What neighborhood is 5 Sosegado Place located in?
The 5 Sosegado Place is a located in the neighborhood of Saline in Hot Springs Village, Hot Springs Village.
What is the average sales price for listings in 5 Sosegado Place?
The average sales price for units in 5 Sosegado Place is $0 currently.

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