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28 Magellan Ln

Hot Springs Village, AR 71909

3 bd 3 ba 2,400 sqft Built 1998 condos
Most recent sale
$310,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 26, 2024 Sold $325,000 Carmls
Jul 20, 2022 Sold $310,000 Public Record
Jun 30, 2022 Sold $310,000 Carmls
Apr 10, 2022 Listed $370,000 MLS #22011420
Nov 23, 2019 Listed for rent $1,317 AppfolioUnits
Sep 25, 2018 Listing removed $1,317 AppfolioUnits
Sep 15, 2018 Listed for rent $1,317 AppfolioUnits
Jan 27, 2016 Sold $106,100 Public Record
Dec 19, 2002 Sold $259,900 Public Record
Mar 20, 1998 Sold $275,000 Public Record
Sep 23, 1997 Sold $268,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $72,390 $72,390 $2,779
2024 $72,390 $72,390 $2,823
2023 $72,390 $72,390 $2,779
2022 $72,390 $72,390 $1,636
2021 $38,750 $38,750 $1,488
2020 $38,750 $38,750 $1,488
2018 $38,750 $38,750 $1,488
2017 $38,750 $38,750 $1,488
2016 $55,410 $55,410 $2,128
2014 $55,410 $55,410 $2,128
2013 $55,410 $55,410 $1,618
2012 $55,410 $55,410 $1,618
2011 $59,140 $59,140 $1,618
2010 $51,260 $51,260 $1,613
2009 $51,260 $51,260 $1,618
2008 $51,260 $51,260 $1,618
2007 $51,260 $51,260 $1,618
2006 $51,260 $51,260 $1,822

Property facts

Year built
1998
Property type
condos
Stories
1
Beds
3
Baths
3
Living area
2,400 sqft
Lot size
ZIP code
71909
City
Hot Springs Village
Street
Magellan Ln
Coordinates
34.62085, -92.89623

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,600
Gross rental yield
13.94%
Implied cap rate
9.06%
Trend-extrapolated value

Frequently asked questions

When did 28 Magellan Ln last sell?
28 Magellan Ln most recently sold on Jul 20, 2022 for $310,000.
What is the current tax assessment for 28 Magellan Ln?
The most recent total assessment for 28 Magellan Ln (year 2025) is $72,390 with $2,779 in property tax.
How does 28 Magellan Ln's assessment compare to its last sale price?
The current assessment is 76.6% below the last sale price of $310,000.
When was 28 Magellan Ln built?
28 Magellan Ln was built in 1998.
How does 28 Magellan Ln compare to others on Magellan Ln?
We track 5 other properties on Magellan Ln. Browse the list under "Other properties on Magellan Ln" to compare beds, baths, and sale history.
What are the property facts for 28 Magellan Ln?
28 Magellan Ln is a 3 bed, 3 bath, 2,400 sqft condos.
Is 28 Magellan Ln a flip candidate?
No — 28 Magellan Ln does not appear in our flips dataset.
Is 28 Magellan Ln a tax-appeal candidate?
No — 28 Magellan Ln 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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