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 $1,622/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
  • 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

  • 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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2025 $162 $2,410 $1,460 $950
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

Not Listed for Sale

MultiFamily

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