Closed

$76,000

117 Ramsey Pl, Hot Springs, AR 71901

2beds

600sqft

Single Family Residence

Built in 1930

0.56 Acres Lot

$75,800 Zestimate^®

$127/sqft

$917 Estimated rent

Home value

$75,800

$67,000 - $86,000

$917/mo

Zestimate^® history

Owner options

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$917/mo

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$917/mo

Rent Zestimate^®

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$352/mo

Est. payment

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$352/mo

Est. payment

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What's special

Charming Cottage Retreat with Rare STR Potential – Over Half an Acre! Tucked away at the end of a quiet private road, this cozy cottage sits on a generous 0.56-acre lot (Lots 4–7 and part of 1-2) and offers peaceful surroundings with a circular drive for easy access. The home is solid and well-maintained, featuring recent updates to plumbing, electrical, and the bathroom—plus a brand-new roof installed in January 2025. The property is zoned Commercial-Residential, making it eligible for the rare and highly sought-after city's Short-Term Rental (STR)—perfect for investors or those seeking a charming vacation home with income potential. Looking for more space? An adjacent 0.7-acre parcel (Lots 1–3) is also available, backing up to Hot Springs National Park land for direct access to natural beauty and endless recreation. See MLS #24035147 for details.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: None

Dining room

Features: Eat-in Kitchen

Heating

Space Heater

Cooling

Window Unit(s)

Appliances

Included: Free-Standing Range

Features

2 Bedrooms Same Level
Flooring: Laminate
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 600
Total interior livable area: 600 sqft

Property

Parking

Parking features: Parking Pad, Other

Features

Levels: One
Stories: 1

Lot

Size: 0.56 Acres
Dimensions: 115 x 254 x 107 x 239
Features: Sloped

Details

Parcel number: 40044050002000
Zoning: C-R

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow/Cottage
Property subtype: Single Family Residence

Materials

Composition
Foundation: Crawl Space
Roof: Shingle

Condition

New construction: No
Year built: 1930

Utilities & green energy

Electric: Elec-Municipal (+Entergy)
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Subdivision: McKowns

HOA

Has HOA: No

Location

Region: Hot Springs

Financial & listing details

Price per square foot: $127/sqft
Tax assessed value: $17,700
Annual tax amount: $138
Date on market: 5/3/2025
Road surface type: Paved

Price history

Date	Event	Price
6/5/2025	Sold	$76,000-3.8%$127/sqft
Source: CARMLS #25017329 Report a problem
5/17/2025	Contingent	$79,000$132/sqft
Source: CARMLS #25017329 Report a problem
5/3/2025	Price change	$79,000-55.9%$132/sqft
Source: CARMLS #25017329 Report a problem
12/11/2024	Price change	$179,000+110.6%$298/sqft
Source: HSDS #148237 Report a problem
12/11/2024	Price change	$85,000-52.5%$142/sqft
Source: CARMLS #24035816 Report a problem
12/11/2024	Price change	$179,000-10.1%$298/sqft
Source: CARMLS #24035750 Report a problem
10/16/2024	Price change	$199,000-5.2%$332/sqft
Source: HSDS #148237 Report a problem
10/1/2024	Price change	$210,000+133.3%$350/sqft
Source: HSDS #148237 Report a problem
9/29/2024	Price change	$90,000-57.1%$150/sqft
Source: CARMLS #24035816 Report a problem
9/28/2024	Price change	$210,000+133.3%$350/sqft
Source: CARMLS #24035750 Report a problem
9/27/2024	Listed for sale	$90,000$150/sqft
Source: HSDS #148209 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$151 +7.7%	$3,290 +7.7%
2024	$140 +9.8%	$3,055 +8.3%
2023	$127 +9.1%	$2,820 +9.1%
2022	$117 +8.8%	$2,585 +10%
2021	$107	$2,350
2020	$107	$2,350
2019	$107 -5.4%	$2,350
2018	$114	$2,350
2017	$114 +10.4%	$2,350 -5.6%
2016	$103	$2,490
2015	$103 +0.8%	$2,490
2014	$102 +12.8%	$2,490 +13.7%
2013	$90	$2,190
2012	$90 -8.4%	$2,190 -8.4%
2011	$99 -21.9%	$2,390 -21.9%
2009	$126 +10%	$3,061 +10%
2008	$115 +7.9%	$2,783 +8.2%
2007	$106	$2,572 +21.9%
2006	--	$2,110 +12.8%
2005	--	$1,870 +11.1%
2003	--	$1,683 +4.1%
2001	--	$1,616