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90 Magellan Drive

90 Magellan Drive, Hot Springs Village, AR 71909
Property in Garland
Sold Oct 03, 2014
$232,000
$185,600 by Quicken Loans Inc
Mortgage Due Oct 01, 2029
Sold Jun 28, 1996
$233,000
90 Magellan Drive 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 1996 and is 28 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 90 Magellan Drive has 2,480 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,941 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 625 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. 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 and being fueled with gas. The property was last sold in Sep 24, 2014 for $232,000. That's $93.55 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $233,000. 90 Magellan Drive was last assessed in 2023. The total value of the property was assessed at $59,870. Specifically, the land the property is located on was valued at $2,500. While improvements on the property were assessed at a total of $57,370. 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 $2,199. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Attached
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 14,941
  • Lot Size Frontage Feet: 149,410
  • Total Building Area: 2,480
  • Building Area: 2,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,480
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGELLAN
  • Land Acres: 0.343
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLOCK 7 LOT 6

Ownership

  • Current Owner : HOBBS WILLIAM DOUGLAS
  • Current Owner 2: HOBBS ROSEMARY
  • Previous Owner : HUNDLEY LINDA ME
  • Previous Owner 2: MINARDI SANDRA KAY HAHN
  • Owner Before Previous Owner: NOT PROVIDED
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fountain Lake School District
  • School Tax School District: FOUNTAIN LAKE
  • Census Tract: 010401

Geography

  • Parcel: 200-42725-109-000
  • Block: 7
  • Lot: 6
  • Meridian: SEC 24 TWN 01S RNG 18W
  • Municipality: FOUNTAIN LAKE OUTSIDE
  • Latitude: 34.6207
  • Longitude: -92.8912

    Address

  • Full Address: 90 Magellan Dr
  • Address - House Number: 90
  • Address - Street Name: Magellan
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Hot Springs Village
  • Carrier Code: C061
  • 4-Digit Zip Code: 8123
  • Zip Code: 71909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,199
  • Tax Rate Code Area: 018

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 66
  • Final Value: 409,245
  • High Value: 507,991
  • Low Value: 310,499

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,600
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 03, 2014
  • First Open Lien Mortgage Loan Amount: $185,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2029

    Market Valuation

  • Market Total Value: $299,350
  • Market Land Value: $12,500
  • Market Improvement Value: $286,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,870
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $57,370

    Sales

  • Current Sale Contract Date: Sep 24, 2014
  • Current Sale Recording Date: Oct 03, 2014
  • Current Sale Transaction ID: 1347727359
  • Current Sale Price: $232,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 28, 1996
  • Previous Sale Amount: $233,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 03, 2014
  • First Mortgage Loan Amount: $185,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Due Date: Oct 01, 2029

About Hot Springs Village



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Frequently Asked Questions

What neighborhood is 90 Magellan Drive located in?
The 90 Magellan Drive is a located in the neighborhood of Garland in Hot Springs Village, Hot Springs Village.
What is the average sales price for listings in 90 Magellan Drive?
The average sales price for units in 90 Magellan Drive is $0 currently.

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