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27 Madrid Way

Hot Springs Village, AR 71909

2 bd 3 ba 1,680 sqft Built 1985 Lot 9,253 sqft single_family
Most recent sale
$270,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $270,000 Public Record
Jul 28, 2022 Sold $270,000 Carmls
May 7, 2022 Listed $269,900 MLS #22014912
Oct 13, 2021 Sold $235,500 Public Record
Oct 8, 2021 Sold $235,500 Carmls
Aug 28, 2021 Listed $249,900 MLS #21028012
Oct 6, 2020 Sold $164,900 Public Record
Aug 26, 2020 Listed $164,900 MLS #20027064
Jul 1, 1994 Sold $104,000 Public Record
Apr 1, 1989 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $38,920 $1,380 $40,300 $1,704
2024 $38,920 $1,380 $40,300 $1,728
2023 $38,920 $1,380 $40,300 $1,704
2022 $38,920 $1,380 $40,300 $1,704
2021 $20,300 $1,100 $21,400 $905
2020 $20,300 $1,100 $21,400 $431
2018 $20,300 $1,100 $21,400 $431
2016 $20,300 $220 $20,520 $456
2015 $20,300 $220 $20,520 $456
2014 $20,300 $220 $20,520 $456
2013 $20,300 $220 $20,520 $456
2012 $20,300 $220 $20,520 $456
2011 $22,970 $550 $23,520 $456
2010 $18,859 $200 $19,059 $456
2009 $18,859 $200 $19,059 $367
2008 $18,859 $200 $19,059 $367
2007 $18,859 $200 $19,059 $366
2006 $18,859 $200 $19,059 $416

Property facts

Year built
1985
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
1,680 sqft
Lot size
9,253 sqft
ZIP code
71909
City
Hot Springs Village
Street
Madrid Way
Coordinates
34.68022, -93.02176

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,520
Gross rental yield
11.20%
Implied cap rate
7.28%
Trend-extrapolated value

Frequently asked questions

When did 27 Madrid Way last sell?
27 Madrid Way most recently sold on Aug 1, 2022 for $270,000.
What is the current tax assessment for 27 Madrid Way?
The most recent total assessment for 27 Madrid Way (year 2025) is $40,300 with $1,704 in property tax.
How does 27 Madrid Way's assessment compare to its last sale price?
The current assessment is 85.1% below the last sale price of $270,000.
When was 27 Madrid Way built?
27 Madrid Way was built in 1985.
How does 27 Madrid Way compare to others on Madrid Way?
We track 8 other properties on Madrid Way. Browse the list under "Other properties on Madrid Way" to compare beds, baths, and sale history.
What are the property facts for 27 Madrid Way?
27 Madrid Way is a 2 bed, 3 bath, 1,680 sqft, 9,253 sqft lot single_family.
Is 27 Madrid Way a flip candidate?
Yes — 27 Madrid Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 27 Madrid Way a tax-appeal candidate?
No — 27 Madrid Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly 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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