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    1622 Central Ave Hot Springs, AR 71901-6116
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    Property profile & analytics

    1622 Central Ave, Hot Springs, AR 71901-6116

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    • Motels
    • 6,550 SF
    • 0.80 lot acres
    Off-Market
    Last Sale Mar 8, 2024
    $1,350,000
    Property ID
    US05-0031255
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,350,000
    Show details
    Cap Rate Potential
    2%
    Motels
    Location Intelligence

    Current Use by Public Records

    • Fountain Motel / Hotel & Motel

    Property Details for 1622 Central Ave

    Year built
    1938
    Construction
    WOOD FRAME
    Lot size
    0.80 lot acres
    Property type
    Motels
    APN
    300-06532-000C
    APU
    30006532000C

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 8, 2024 $1,350,000 Diversified Development Services Cadena Two INC Contract Sale $1.2M · Cadena Two INC
    Nov 22, 2022 — Cadena Two INC — Deed · related $125k · Arkansas FCU
    May 27, 2022 $900,000 Cadena Two INC Shri Sai Baba Motel INC Special Warranty Deed $765k · Arkansas FCU
    Jul 1, 2019 — Shri Sai Baba Motel INC — Deed · related $625k · State Bk/tx
    Oct 30, 2006 $470,000 Shri Sai Baba Motel INC Kowalkowski,stanley & Jane Warranty Deed —
    — — Shri Sai Baba Motel INC — Loan Modification · related $625k · State Bk/tx
    — — Shri Sai Baba Motel INC — Deed Of Trust · related $625k · National Republic Bank Chicago

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,350,000
      ML approach
      $1,350,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.0577
    Latitude
    34.4965
    CBSA code
    26300
    CBSA name
    HOT SPRINGS, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,062
    $44,970
    $67,030
    $112,000
    -
    $224,850
    $335,150
    $560,000
    More about this property
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