SOLDFEB 28, 2024
314 & 316 Park Ave
Hot Springs National Park, AR 71901
Studio
10,298 sqft (on 1.90 acres)
- Studio
- 10,298 sqft (on 1.90 acres)
$930,000
Last Sold: Feb 28, 2024
33% below list $1.39M
$90/sqft
Est. Refi. Payment $5,358/mo*
$930,000
Last Sold: Feb 28, 2024
33% below list $1.39M
$90/sqft
Est. Refi. Payment $5,358/mo*
Studio
10,298 sqft
(on 1.90 acres)
Homes for Sale Near 314 & 316 Park Ave
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0.35 ACRESDavid Hall, The Goff Group Real Estate Company- 0.28 ACRESCheryl Morrison, Lake Hamilton Realty, Inc.
- 0.31 ACRESCheryl Morrison, Lake Hamilton Realty, Inc.
- 0.35 ACRESShaila Sharrock, ESQ. Realty Group - Hot Springs
- Sarah Gersch, Southern Homes Realty - Hot Springs
See more homes for sale inHot Springs National ParkTake a look
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Local Information
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Commute Destination
Description
This property is no longer available to rent or to buy. This description is from March 01, 2024
An amazing income producing property in a prime location in the heart of Downtown Hot Springs is waiting for an investor to add it to their portfolio. 18 units feature an open floor plan with a private bathroom and 8 one-bedroom units. The large Victorian style home, built in 1891, is 5295 square feet and could be renovated back to her glory days. Entry building by the highway could be a guard shack, quick convenience store or a storage building. There are 3 units dedicated for housekeeping, storage and managers office, but they could be configured to income producing units as well. Owner requires earnest money with all offers and additional monthly expenses for cable and dumpster, can be supplied upon request. Call your agent today to schedule to see your next investment.
Home Highlights
Parking
No Info
Outdoor
Yes
A/C
Cooling only
HOA
None
Price/Sqft
$90/sqft
Listed
117 days ago
Home Details for 314 & 316 Park Ave
Active Status |
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MLS Status: Sold |
Interior Features |
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Interior Details Basement: None |
Appliances & Utilities Utilities: Cable ConnectedAppliances: Microwave, Refrigerator, Bar Fridge, Gas Water HeaterMicrowaveRefrigerator |
Heating & Cooling Has CoolingAir Conditioning: Window Unit(s) |
Gas & Electric Electric: Electric-Municipal |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Levels: One, TwoFloors: Tile |
Security Security: Smoke Detector(s) |
Exterior Features |
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Exterior Home Features Roof: Composition MetalPatio / Porch: CoveredExterior: Rain Gutters, DumpsterFoundation: Crawl Space |
Parking & Garage Parking: Parking Pad,Assigned |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
Property Information |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: ApartmentArchitecture: Traditional,Colonial |
Building Construction Materials: Metal/Vinyl SidingNot a New Construction |
Price & Status |
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Price List Price: $1,390,000Price Per Sqft: $90/sqft |
Status Change & Dates Off Market Date: Thu Feb 01 2024Possession Timing: Close Of Escrow |
Location |
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Direction & Address City: Hot SpringsCommunity: HSR BLK |
Building |
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Building Area Building Area: 10298 Square Feet |
Lot Information |
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Lot Area: 1.9 Acres |
Offer |
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Listing Terms: Conventional, Cash |
Compensation |
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Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: None |
Rental |
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Lease Term: Month To Month |
Miscellaneous |
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Mls Number: 24000247 |
Last check for updates: about 9 hours ago
Listed by Ryan Hill, (479) 422-2935
The Virtual Realty Group
Bought with: Zanita Lundy, (225) 259-1285, The Virtual Realty Group
Source: CARMLS, MLS#24000247
Price History for 314 & 316 Park Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 02/28/2024 | $930,000 | Sold | CARMLS #24000247 |
| 01/03/2024 | $1,390,000 | Listed For Sale | CARMLS #24000247 |
Comparable Sales for 314 & 316 Park Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $675,000 | 09/26/23 | - | 8,803 | ||
0.11 | Multi-Family Home | $200,000 | 08/23/23 | - | 3,990 | ||
0.22 | Multi-Family Home | $415,000 | 10/25/23 | - | 2,736 | ||
0.99 | Multi-Family Home | $500,000 | 08/01/23 | - | 10,546 | ||
0.50 | Multi-Family Home | $285,000 | 07/14/23 | - | 2,518 | ||
0.58 | Multi-Family Home | $235,000 | 01/04/24 | - | 1,596 | ||
0.51 | Multi-Family Home | $215,000 | 02/28/24 | - | 1,235 | ||
1.74 | Multi-Family Home | $83,600 | 02/01/24 | - | 1,100 | ||
2.05 | Multi-Family Home | $310,000 | 02/29/24 | - | 3,540 |
Assigned Schools
These are the assigned schools for 314 & 316 Park Ave.
- Hot Springs High School
- 10-12
- Charter
- 748 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Oaklawn Magnet School
- PK-6
- Public
- 729 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Park Magnet School
- PK-6
- Public
- 404 Students
7/10GreatSchools RatingParent Rating AverageAs an 'old school' Grandma, I am totally impressed by this school!Parent Review5y ago - Hot Springs Middle School
- 7-9
- Charter
- 771 Students
N/AGreatSchools RatingParent Rating AverageBest school ever my kid has gone to good math teachers only thing is poor opportunities for kids that do sportsParent Review1y ago - Langston Magnet School
- PK-6
- Public
- 510 Students
4/10GreatSchools RatingParent Rating AverageN/AParent Review17y ago 
Check out schools near 314 & 316 Park Ave.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 314 & 316 Park Ave
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Off Market Homes Near 314 & 316 Park Ave
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- SOLDAPR 22, 2024Joy Bush, Trademark Real Estate, Inc.
- SOLDAPR 15, 2024Jim McAdams, CBRPM Hot Springs
- SOLDAPR 12, 2024James Felton, Southern Realty of Hot Springs, Inc.
- SOLDAPR 4, 2024George Dooley, Trademark Real Estate, Inc.
- SOLDMAR 29, 2024Wendy Landes, Trademark Real Estate, Inc.
- SOLDMAR 28, 2024Beau Durbin, ESQ. Realty Group - Hot Springs
- SOLDMAR 8, 2024Archie VanGorder, Hot Springs 1st Choice Realty
- SOLDMAR 7, 2024Karol Bailes, Crye-Leike REALTORS
- SOLDMAR 7, 2024Joe Goslee, Preferred Properties Realty
- See more homes for sale inHot Springs National ParkTake a look
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314 & 316 Park Ave, Hot Springs National Park, AR 71901 is a studio, 10,298 sqft multi-family built in 1950. This property is not currently available for sale. 314 & 316 Park Ave was last sold on Feb 28, 2024 for $930,000 (33% lower than the asking price of $1,390,000). The current Trulia Estimate for 314 & 316 Park Ave is $943,100.