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  • Price cut: $19.9K (4/30)
    $315,000

    137 Central Ter, Hot Springs, AR 71913

    2beds
    1,542sqft
    : 
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    Townhouse
    Built in 2005
    -- sqft lot
    $301,200 Zestimate®
    $204/sqft
    $175/mo HOA

    What's special

    Wide water viewsSpacious deckOpen layout
    If your idea of the perfect lake place includes wide water views, easy living, and the option to generate income when you’re not using it this one checks the boxes. This third-floor condo in Central Terrace offers beautiful views of Lake Hamilton’s main channel from both the living room and primary bedroom. The open layout creates a comfortable space for everyday living or hosting friends at the lake, and the fireplace adds a cozy touch during cooler months. Step outside onto the spacious deck where mornings start with coffee and evenings end with sunset views over the water. Whether you’re looking for a weekend getaway, a low-maintenance lake home, or a property with strong short-term rental potential, this condo offers flexibility. Being sold fully furnished, including outdoor furniture. It’s ready to enjoy or rent right away. One covered parking space that can fit two cars and a storage room add convenience, and the location puts you just minutes from restaurants, shopping, and everything Hot Springs has to offer.
    114 days
    |
    250
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Krystina Bullard 501-303-0344,

    Bailey & Company Real Estate 501-255-5855

    Source: CARMLS,MLS#: 26009944MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Dining room
      • Features: Kitchen/Dining Combo, Living/Dining Combo, Breakfast Bar, Kitchen/Den
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Microwave, Electric Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Electric Water Heater
      • Laundry: Laundry Room
      Features
      • Pantry, 2 Bedrooms Same Level
      • Flooring: Tile, Laminate
      • Doors: Insulated Doors
      • Windows: Insulated Windows
      • Has fireplace: Yes
      • Fireplace features: Gas Logs Present
      Interior area
      • Total structure area: 1,542
      • Total interior livable area: 1,542 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Two Car
      • Has carport: Yes
      Features
      • Levels: Two
      • Patio & porch: Deck
      • Exterior features: Storage
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Dock Community, Lake Front
      Lot
      • Features: Resort Property
      Details
      • Parcel number: 20009825002000

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Other (see remarks)
      • Property subtype: Townhouse
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Electric: Elec-Municipal (+Entergy)
      • Gas: Gas-Propane/Butane
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Gas-Propane/Butane, Underground Utilities
      Green energy
      • Energy efficient items: Doors

      Community & HOA

      Community
      • Subdivision: CENTRAL TERRACE CONDOMINIUMS HPR
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Structure, Pest Control, Maintenance Grounds
      • HOA fee: $175 monthly
      Location
      • Region: Hot Springs

      Financial & listing details

      • Price per square foot: $204/sqft
      • Tax assessed value: $264,700
      • Annual tax amount: $2,475
      • Date on market: 3/16/2026
      • Road surface type: Paved

        Estimated market value

        $301,200

        $286,000 - $316,000

        $1,729/mo

        Price history

        DateEventPrice
        4/30/2026Price change$315,000-5.9%$204/sqft
        Source: CARMLS #26009944 Report a problem
        3/16/2026Listed for sale$334,900-2.9%$217/sqft
        Source: CARMLS #26009944 Report a problem
        6/26/2025Listing removed$345,000$224/sqft
        Source: CARMLS #25000906 Report a problem
        3/3/2025Price change$345,000-1.4%$224/sqft
        Source: CARMLS #25000906 Report a problem
        1/7/2025Listed for sale$350,000-6.7%$227/sqft
        Source: CARMLS #25000906 Report a problem
        12/24/2024Listing removed$375,000$243/sqft
        Source: CARMLS #24030827 Report a problem
        8/23/2024Listed for sale$375,000+122.6%$243/sqft
        Source: CARMLS #24030827 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/26/2020Listing removed$168,500$109/sqft
        Source: Owner Report a problem
        12/27/2019Pending sale$168,500$109/sqft
        Source: Owner Report a problem
        9/24/2019Price change$168,500-1.7%$109/sqft
        Source: Owner Report a problem
        8/19/2019Listed for sale$171,500+9.2%$111/sqft
        Source: Owner Report a problem
        2/2/2009Sold$157,000-3.7%$102/sqft
        Source: Public Record Report a problem
        6/22/2005Sold$163,000$106/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,211 -4%$38,150 +4.3%
        2024$1,261 +2%$36,560 +4.5%
        2023$1,237 +1.8%$34,970 +4.8%
        2022$1,216 +5.6%$33,380 +5%
        2021$1,151 -24.6%$31,790
        2020$1,526 +6%$31,790
        2019$1,440 +9.7%$31,790
        2018$1,313 $31,790
        2017$1,313 -5.3%$31,790 -5.3%
        2016$1,387 $33,580
        2015$1,387 +0.1%$33,580
        2014$1,386 -0.1%$33,580
        2013$1,387 $33,580
        2012$1,387 -22%$33,580 -22%
        2011$1,778 +67.6%$43,060 +19.9%
        2009$1,061 -25%$35,900
        2008$1,414 -1%$35,900
        2007$1,429 $35,900 +8875%
        2006-- $400
        2005-- $400

        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Lake Hamilton

        Getting around

        19 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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