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2322 South Gaines Street

2322 South Gaines Street, Little Rock, AR 72206
Multifamily in Downtown Little Rock
Sold Aug 07, 2019
$213,000
$100,001 by Simmons Bank
Mortgage Due Sep 01, 2039
Local assessors in Little Rock, AR have categorized 2322 South Gaines Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 8,276 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2322 South Gaines Street has a total of 3,010 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of asphalt. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2322 South Gaines Street was last sold in Aug 5, 2019 for $213,000. According to our calculations, that's $70.76 per sqft. Current property owners are expected to pay $3,345 in taxes per year. The property on 2322 South Gaines Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $66,889. To break that down further, the land itself was valued at $6,200. While improvements to the property were assessed at a total of $60,689. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Multifamily
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 3,010
  • Gross Building Area: 3,010
  • Building Area: 3,010
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,010
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLARK
  • Land Acres: 0.19
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LTS 7 & S 1/2 OF 8

Ownership

  • Current Owner : GENTRY SUTTERFIELD APRIL GAIL
  • Current Owner 2: SUTTERFIELD SPENCER BRIAN
  • Previous Owner : GAINES STREET REDEVELOPMENT COMPANY LLC

Neighborhood

  • School District Name: Little Rock School District
  • School Tax School District: LITTLE ROCK
  • Census Tract: 004700

Geography

  • Account Number: 339502
  • Parcel: 34L-205-00-037-00
  • Block: 3
  • Lot: 7BR
  • Meridian: SEC 10 TWN 01N RNG 12W
  • Municipality: LITTLE ROCK
  • Latitude: 34.726
  • Longitude: -92.2815

    Address

  • Full Address: 2322 S Gaines St
  • Address - House Number: 2322
  • Street Direction: S
  • Address - Street Name: Gaines
  • Address - Suffix Type: St
  • State: AR
  • City Name: Little Rock
  • Carrier Code: C010
  • 4-Digit Zip Code: 2110
  • Zip Code: 72206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,345
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.13
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 73
  • Final Value: 281,695
  • High Value: 318,325
  • Low Value: 245,064

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,001
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: Aug 07, 2019
  • First Open Lien Mortgage Loan Amount: $100,001
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2039

    Market Valuation

  • Market Total Value: $334,445
  • Market Land Value: $31,000
  • Market Improvement Value: $303,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,889
  • Assessed Land Value: $6,200
  • Assessed Improvements Value: $60,689

    Sales

  • Current Sale Contract Date: Aug 05, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Transaction ID: 11634311346
  • Current Sale Price: $213,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019048994

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: Aug 07, 2019
  • First Mortgage Loan Amount: $100,001
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2039

About Downtown Little Rock



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$850 /mo

  • 3 Beds
  • 1 Bath
  • 800 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 2322 South Gaines Street located in?
The 2322 South Gaines Street is a multifamily located in the neighborhood of Downtown Little Rock in Downtown Little Rock, Little Rock.
What is the average sales price for listings in 2322 South Gaines Street?
The average sales price for units in 2322 South Gaines Street is $0 currently.

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