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111 Prospect Ave

Hot Springs, AR 71901

1 bd 1 ba 713 sqft Built 1947 condos
Most recent sale
$113,500
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $113,500 Public Record
Jun 29, 2022 Listed $121,000 MLS #22021904
Jan 10, 2000 Sold $55,000 Public Record
Jul 13, 1998 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $21,120 $21,120 $954
2024 $21,120 $21,120 $967
2023 $21,120 $21,120 $954
2022 $21,120 $21,120 $587
2021 $11,820 $11,820 $540
2020 $11,820 $11,820 $540
2018 $11,820 $11,820 $540
2017 $11,820 $11,820 $571
2016 $12,170 $12,170 $588
2015 $12,170 $12,170 $503
2014 $12,170 $12,170 $503
2013 $12,170 $12,170 $503
2012 $12,170 $12,170 $503
2011 $12,890 $12,890 $532
2010 $12,890 $12,890 $532
2009 $12,530 $12,530 $532
2008 $12,530 $12,530 $517
2007 $12,530 $12,530 $517
2006 $12,530 $12,530 $518

Property facts

Year built
1947
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
713 sqft
Lot size
ZIP code
71901
City
Hot Springs
Street
Prospect Ave
Coordinates
34.50953, -93.05501

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
$1,070
Gross rental yield
11.31%
Implied cap rate
7.35%
Trend-extrapolated value

Frequently asked questions

When did 111 Prospect Ave last sell?
111 Prospect Ave most recently sold on Aug 12, 2022 for $113,500.
What is the current tax assessment for 111 Prospect Ave?
The most recent total assessment for 111 Prospect Ave (year 2025) is $21,120 with $954 in property tax.
How does 111 Prospect Ave's assessment compare to its last sale price?
The current assessment is 81.4% below the last sale price of $113,500.
When was 111 Prospect Ave built?
111 Prospect Ave was built in 1947.
How does 111 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 111 Prospect Ave?
111 Prospect Ave is a 1 bed, 1 bath, 713 sqft condos.
Is 111 Prospect Ave a flip candidate?
No — 111 Prospect Ave does not appear in our flips dataset.
Is 111 Prospect Ave a tax-appeal candidate?
No — 111 Prospect Ave 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
+2.7%
Implied 1-yr
+10.8%
2026 Q3
$336.4K
2026 Q4
$344.1K
ZIP 71901 — Median Price History + Forecast

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