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51 Galeon Way

51 Galeon Way, Hot Springs Village, AR 71909
Property in Saline
Sold Oct 24, 2016
$324,000
$180,000 by Primary Residential Mortgage I
Mortgage Due Nov 01, 2046
Sold Jan 17, 2001
$297,000
Buyer
51 Galeon Way 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 1999 and is 25 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, 51 Galeon Way has 2,120 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 1,750 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 9,625 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 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 hip style roof made of fiberglass. The exterior walls of the building are made of masonry. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 51 Galeon Way was last sold in Oct 17, 2016 for $324,000. According to our calculations, that's $152.83 per sqft. Prior to that sales transaction, the property was sold for $297,000 in Jan 1, 1970. Current property owners are expected to pay $2,534 in taxes per year. The property on 51 Galeon Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $93,807. To break that down further, the land itself was valued at $20,000. While improvements to the property were assessed at a total of $73,807. 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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,625
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GALEON
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2017-003921

Ownership

  • Current Owner : LLOYD JEFFREY WAYNE
  • Current Owner 2: LLOYD STACEY RUTH
  • Previous Owner : KIMMES MARIA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fountain Lake School District
  • School Tax School District: FOUNTAIN LAKE
  • Census Tract: 010515

Geography

  • Parcel: 568-00048-000
  • Block: 3
  • Lot: 7
  • Meridian: SEC 15 TWN 01S RNG 18W
  • Municipality: HOT SPRINGS VILLAGE
  • Latitude: 34.6384
  • Longitude: -92.9175

    Address

  • Full Address: 51 Galeon Way
  • Address - House Number: 51
  • Address - Street Name: Galeon
  • Address - Suffix Type: Way
  • State: AR
  • City Name: Hot Springs Village
  • Carrier Code: R084
  • 4-Digit Zip Code: 7148
  • Zip Code: 71909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,534
  • Tax Rate Code Area: 180

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 489,067
  • High Value: 588,241
  • Low Value: 389,893

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $231,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Oct 24, 2016
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Nov 01, 2046
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 02, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $51,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 10, 2047

    Market Valuation

  • Market Total Value: $469,035
  • Market Land Value: $100,000
  • Market Improvement Value: $369,035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,807
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $73,807

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2016
  • Current Sale Recording Date: Oct 24, 2016
  • Current Sale Transaction ID: 1846426365
  • Current Sale Price: $324,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 17, 2001
  • Previous Sale Amount: $297,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Oct 24, 2016
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

About Hot Springs Village



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 51 Galeon Way located in?
The 51 Galeon Way is a located in the neighborhood of Saline in Hot Springs Village, Hot Springs Village.
What is the average sales price for listings in 51 Galeon Way?
The average sales price for units in 51 Galeon Way is $0 currently.

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