NOT LISTED FOR SALE

2601 S Laurel St Pine Bluff, AR 71601

Estimated Value: $307,000

-- Bed
-- Bath
6,150 Sq Ft
$50/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $142,500 $23 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,636/month

35 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Central Heating and Cooling System
  • Corner Lot

About This Home

As of April 2019

INVESTOR'S OPPORTUNITY - 12 unit apartments ready for new ownership! Upgrades include 8 new heat/air units. 7 units with 1BR/1Bath currently renting at $450 and 5 Units with 2 BRs/1 Bath currently renting at $550. Current owner pays elec, water & gas monthly. Low operating expenses & low taxes with profits of around $38,000 yearly. Please schedule a day ahead for showing appts.

Last Agent to Sell the Property

Becky Bilgischer

Century 21 United Pine Bluff Listed on: 03/07/2019

Century 21 United Pine Bluff

Last Buyer's Agent

Becky Bilgischer

Century 21 United Pine Bluff Listed on: 03/07/2019

Century 21 United Pine Bluff

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1967

Lot Details

  • 53 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 6,150 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Tile Flooring

Kitchen

  • Stove
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • 12 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,559

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 03/07/2019
  • Price Per Sq Ft: 23.17
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Apartments
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: R
  • Source Of Sq Ft: Courthouse, Seller Disclosure
  • Estimated Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Floors: Tile
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Hot Water Heater-Gas
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Free-Standing Stove, Disposal, Refrigerator-Stays

Exterior Features

  • Exterior: Brick
  • Roof: Composition
  • Exterior Features: Dumpster

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 52.5 X 154
  • Lot: Level, Corner Lot
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Yearly

Multi Family

  • Annual Expenses: 32700
  • Maximum Rent One Bedroom: 500
  • Maximum Rent Two Bedroom: 600
  • Minimum Rent One Bedroom: 450
  • Minimum Rent Two Bedroom: 550
  • Number Of One Bedroom Units: 7
  • Number Of Two Bedroom Units: 5
  • Number Units: 12

Tax Info

  • Annual Taxes: 1559

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2018
Bought by
Three Star Food & Fuell Llc
Current Estimated Value
$307,000

Purchase Details

Closed on
Jul 25, 2003
Bought by
Haley J Llc and Attn John Garrison Pbnb

Purchase Details

Closed on
Mar 31, 2000
Bought by
Hankins Bill Gene

Purchase Details

Closed on
Jan 8, 1965
Bought by
Purnell Carl D and Purnell Wf
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Three Star Food & Fuell Llc $160,000 --
Haley J Llc $30,000 --
Hankins Bill Gene $210,000 --
Purnell Carl D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $142,500 -23.0% $23 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $185,000 0.0% $30 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $185,000 -- $30 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $163 $2,410 $1,460 $950
2023 $163 $2,410 $1,460 $950
2022 $958 $15,610 $1,620 $13,990
2021 $1,199 $19,540 $1,620 $17,920
2020 $1,560 $25,430 $1,620 $23,810
2019 $1,560 $25,430 $1,620 $23,810
2018 $1,559 $25,430 $1,620 $23,810
2017 $1,570 $25,590 $2,430 $23,160
2016 $1,570 $25,590 $2,430 $23,160
2015 $1,493 $25,590 $2,430 $23,160
2014 -- $25,590 $2,430 $23,160
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Becky Bilgischer

    Century 21 United Pine Bluff

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19007635

Cooperative Arkansas REALTORS® MLS

APN: 930-03053-000

Arkansas Jefferson County Pine Bluff 71601

2601 S Laurel St, Pine Bluff, AR

This home is located at 2601 S Laurel St, Pine Bluff, AR 71601 since 07 March 2019 and is currently priced at $307,000, approximately $49 per square foot. This property was built in 1967. 2601 S Laurel St is a home located in Jefferson County with nearby schools including Matthews Elementary School, Jack Robey Junior High School, and Pine Bluff High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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