7 Derecho Way
Hot Springs Village, AR 71909
3 bd 2 ba 1,659 sqft Built 2022 Lot 10,890 sqft single_family
Most recent sale
$288,900
Apr 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 17, 2025 | Listing removed | $279,500 | Carmls |
| Apr 26, 2022 | Sold | $288,900 | Public Record |
| Apr 22, 2022 | Sold | $288,900 | Carmls |
| Apr 1, 2022 | Listed | $279,500 | MLS #22007012 |
| Nov 18, 2021 | Listed | $279,500 | MLS #21037506 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $50,038 | $5,800 | $55,838 | $1,884 |
| 2024 | $50,038 | $5,800 | $55,838 | $1,984 |
| 2023 | — | $200 | $200 | $2,059 |
| 2021 | — | $200 | $200 | $8 |
| 2020 | — | $200 | $200 | $9 |
| 2019 | — | $200 | $200 | $9 |
| 2018 | — | $200 | $200 | $9 |
| 2017 | — | $200 | $200 | $9 |
| 2016 | — | $200 | $200 | $9 |
| 2015 | — | $200 | $200 | $9 |
| 2014 | — | $200 | $200 | $9 |
| 2013 | — | $200 | $200 | $9 |
| 2012 | — | $200 | $200 | $9 |
| 2011 | — | $800 | $800 | $16 |
| 2010 | — | $800 | $800 | $14 |
| 2009 | — | $800 | $800 | $13 |
| 2008 | — | $800 | $800 | $12 |
| 2007 | — | $800 | $800 | $10 |
| 2006 | — | $800 | $800 | $10 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,659 sqft
Lot size
10,890 sqft
ZIP code
71909
City
Hot Springs Village
Street
Derecho Way
Coordinates
34.67123, -92.93881
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,489
Gross rental yield
10.34%
Implied cap rate
6.72%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Derecho Way last sell?
7 Derecho Way most recently sold on Apr 26, 2022 for $288,900.
What is the current tax assessment for 7 Derecho Way?
The most recent total assessment for 7 Derecho Way (year 2025) is $55,838 with $1,884 in property tax.
How does 7 Derecho Way's assessment compare to its last sale price?
The current assessment is 80.7% below the last sale price of $288,900.
When was 7 Derecho Way built?
7 Derecho Way was built in 2022.
How does 7 Derecho Way compare to others on Derecho Way?
We track 8 other properties on Derecho Way. Browse the list under "Other properties on Derecho Way" to compare beds, baths, and sale history.
What are the property facts for 7 Derecho Way?
7 Derecho Way is a 3 bed, 2 bath, 1,659 sqft, 10,890 sqft lot single_family.
Is 7 Derecho Way a flip candidate?
No — 7 Derecho Way does not appear in our flips dataset.
Is 7 Derecho Way a tax-appeal candidate?
No — 7 Derecho Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.1%
Implied 1-yr
+12.5%
2026 Q3
$369.8K
2026 Q4
$379.4K
ZIP 71909 — Median Price History + Forecast
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Geography
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