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111 Prospect Ave

Hot Springs, AR 71901

2 bd 2 ba 1,043 sqft Built 1947 condos
Most recent sale
$160,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $160,000 Public Record
Jun 27, 2022 Sold $160,000 Carmls
Apr 14, 2022 Price changed $184,000 MLS #22007179
Mar 8, 2022 Listed $199,000 MLS #22007179
Apr 4, 2000 Sold $74,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $30,660 $30,660 $1,385
2024 $30,660 $30,660 $1,404
2023 $30,660 $30,660 $1,385
2022 $30,660 $30,660 $448
2021 $17,150 $17,150 $432
2020 $17,150 $17,150 $40
2018 $17,150 $17,150 $30
2017 $17,150 $17,150 $34
2016 $17,670 $17,670 $15

Property facts

Year built
1947
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,043 sqft
Lot size
ZIP code
71901
City
Hot Springs
Street
Prospect Ave
Coordinates
34.50946, -93.05470

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
$1,565
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 111 Prospect Ave last sell?
111 Prospect Ave most recently sold on Jul 7, 2022 for $160,000.
What is the current tax assessment for 111 Prospect Ave?
The most recent total assessment for 111 Prospect Ave (year 2025) is $30,660 with $1,385 in property tax.
How does 111 Prospect Ave's assessment compare to its last sale price?
The current assessment is 80.8% below the last sale price of $160,000.
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 2 bed, 2 bath, 1,043 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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