$635,000
SOLD DEC 27, 2024

3720 Miramar Dr Pine Bluff, AR 71603

-- Bed
-- Bath
13,104 Sq Ft
0.88 Acres

Recently Sold

$48 Per Sq Ft

9% Below List Price

12 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot

About This Home

As of December 2024

Take a look at this great opportunity if you are looking for an investment property. The 22 units (1 bed 1 bath) have always been well maintained and have a history of good occupancy. There is also room for raising the income through rent increases. Roof is about 5 years old. Expenses do not include management, insurance, or debt service.

Last Agent to Sell the Property

Marty Reed

Re/Max Platinum Listed on: 09/04/2024

Last Buyer's Agent

Marty Reed

Re/Max Platinum Listed on: 09/04/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1986

Lot Details

  • 0.88 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 13,104 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Carpet
  • Tile

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 22 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,236

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 09/04/2024
  • Price Per Sq Ft: 48.46
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Apartments
  • Zoning: Comm Imp
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Floors: Tile, Wall-To-Wall Carpet
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Refrigerator-Stays

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Architectural Shingle

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal
  • Heating And Air Cond: Window Units

Lot Info

  • Estimated Lot Size: 0.88
  • Estimated Lot Size: irreg
  • Lot: Level, Not In Subdivision
  • Geo Subdivision: AR

Multi Family

  • Annual Expenses: 49074
  • Tenant Expenses: Electric, Cable
  • Maximum Rent One Bedroom: 500
  • Minimum Rent One Bedroom: 345
  • Number Of One Bedroom Units: 22
  • Number Units: 22

Tax Info

  • Annual Taxes: 5236

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

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $635,000 -9.3% $48 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $700,000 -- $53 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24032489

Cooperative Arkansas REALTORS® MLS