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122 Elcano Drive

122 Elcano Drive, Hot Springs Village, AR 71909
Property in Saline
Sold Nov 03, 2021
$529,900
$429,900 by Mortgage Research Center Llc
Mortgage Due Dec 01, 2051
Sold Feb 05, 2021
$25,000
122 Elcano Drive in Hot Springs Village, AR was first built in 2021 and is 3 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 122 Elcano Drive has 2,940 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,700 ft and the linear feet between the front and back of the lot is 1,440. In total, the area measurement of the land is 19,166 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of fiberglass. For those who need parking, there is a attached garage. The garage is 682 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of brick veneer. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 122 Elcano Drive was last sold in Nov 2, 2021 for $529,900. According to our calculations, that's $180.24 per sqft. Prior to that sales transaction, the property was sold for $25,000 in Feb 5, 2021. Current property owners are expected to pay $3,685 in taxes per year. The property on 122 Elcano Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $92,356. To break that down further, the land itself was valued at $20,000. While improvements to the property were assessed at a total of $72,356. 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. 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.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: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 682
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 2,940
  • Building Area: 2,940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VEREDA
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2021-029837

Ownership

  • Current Owner : THOMPSON MICHAEL LYNDON
  • Current Owner 2: MICHAEL L THOMPSON FAMILY TRUS
  • Previous Owner : CARRIAGE CUSTOM HOMES INC
  • Owner Before Previous Owner: HOLIMAN & MCMILLAN PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fountain Lake School District
  • School Tax School District: FOUNTAIN LAKE
  • Census Tract: 010517

Geography

  • Parcel: 762-00213-000
  • Block: 10
  • Lot: 24
  • Meridian: SEC 17 TWN 01S RNG 17W
  • Municipality: HOT SPRINGS VILLAGE
  • Latitude: 34.6369
  • Longitude: -92.8448

    Address

  • Full Address: 122 Elcano Dr
  • Address - House Number: 122
  • Address - Street Name: Elcano
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Hot Springs Village
  • Carrier Code: R089
  • 4-Digit Zip Code: 7894
  • Zip Code: 71909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,685
  • Tax Rate Code Area: 180

    Appraisal Valuation

  • Standard Deviation: 0.2361
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 539,987
  • High Value: 667,521
  • Low Value: 412,453

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $429,900
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $429,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $461,780
  • Market Land Value: $100,000
  • Market Improvement Value: $361,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,356
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $72,356

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11864430747
  • Current Sale Price: $529,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-029837
  • Previous Sale Recording Date: Feb 05, 2021
  • Previous Sale Contract Date: Feb 05, 2021
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $429,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

About Hot Springs Village



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Frequently Asked Questions

What neighborhood is 122 Elcano Drive located in?
The 122 Elcano Drive is a located in the neighborhood of Saline in Hot Springs Village, Hot Springs Village.
What is the average sales price for listings in 122 Elcano Drive?
The average sales price for units in 122 Elcano Drive is $0 currently.

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