516 Central Avenue

516 Central Avenue in Hot Springs National Park, AR was first built in 1890 and is 134 years old. This has been categorized as a commercial property type. There are a total of 2 floors. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,750. In total, the area measurement of the land is 4,375 square feet.

Learn more about the property and building on this page. The building type has been coded as 2. The code stands for buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.. The home has a wood truss style roof made of roll composition. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a 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. Tax-wise, the current owner is expected to pay close to $3,363 in taxes each year. 516 Central Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $137,910. If we break it down further, the land itself was valued at $23,250. Improvements to the property, however, were assessed at a total of $114,660. 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. 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!