NOT LISTED FOR SALE

3720 Miramar Dr Pine Bluff, AR 71603

Estimated Value: $568,000 - $649,183

-- Bed
-- Bath
13,104 Sq Ft
$46/Sq Ft Est. Value

Last Sold December 27, 2024

Last sale price $635,000 $48 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,787/month

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
  • Brick Frame
  • 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
  • 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

  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Dec 23, 2024
Bought by
Bkorf Property Management
Seller's Agent
Marty Reed
Re/Max Platinum
Buyer's Agent
Marty Reed
Re/Max Platinum
List Price
$700,000
Sold Price
$635,000
Premium/Discount to List
-$65,000
-9.29%
Views
53
Current Estimated Value
$608,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,408
Avg. Annual Appreciation
-4.20%

Purchase Details

Closed on
Jul 9, 1986
Bought by
Lively Tommy L and Lively Wf

Purchase Details

Closed on
Jan 31, 1986
Bought by
Lively Randall L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lively Tommy L -- --
Lively Randall L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $7,177 $120,820 $8,410 $112,410
2024 $5,238 $120,820 $8,410 $112,410
2023 $4,801 $120,820 $8,410 $112,410
2022 $4,365 $73,460 $7,640 $65,820
2021 $3,946 $73,460 $7,640 $65,820
2020 $3,946 $73,460 $7,640 $65,820
2019 $3,946 $73,460 $7,640 $65,820
2018 $3,945 $73,460 $7,640 $65,820
2017 $4,323 $80,470 $7,640 $72,830
2016 $4,323 $80,470 $7,640 $72,830
2015 $4,081 $80,470 $7,640 $72,830
2014 -- $80,470 $7,640 $72,830
Source: Public Records

Agents Affiliated with this Home

  • Marty Reed

    Seller's Agent in 2024

    Marty Reed

    RE/MAX

    (870) 692-4595

    121 Total Sales

    Marty Reed
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24032489

Cooperative Arkansas REALTORS® MLS

APN: 931-66393-001

Arkansas Jefferson County Pine Bluff 71603

3720 Miramar Dr, Pine Bluff, AR

Not Listed for Sale

MultiFamily

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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