502 E Gaines St, Monticello, AR 71655 Property Records

Drew County property record for 502 E Gaines St, Monticello, AR 71655

Property Summary

Property TypeRetail Stores (Personal Services, Photography, Travel)
Details2,168 sqft · built 1955
Lot Size0.101 acres (4,400 sqft)
OwnerIndividual Name on File
Tax Bill$115 (2025)
Deeds & MortgagesMar 2023 Mortgage
Flood ZoneZone AE (high risk)
APN703-00307-000-C

Property Details

APN / Parcel Number

Primary APN703-00307-000-C
Alternative APNs
  • 2221.0
  • 16780

Interior

Stories1 Story
Building Area2,168 sqft Total Area
FlooringVinyl/Resilient

Exterior

Year BuiltBuilt 1955
Exterior MaterialConcrete Block
Fire ResistanceMasonry Walls, Wood Interior
Foundation TypeBlock
Roof MaterialTar & Gravel
Lot Area4,400 sqft (0.101 acres)
Lot Dimensions85 ft deep x 52 ft wide

Utilities, Heating & Cooling

Cooling SystemNone

Location & Zoning

Account Number2221.0
Street Address502 E GAINES ST
CityMONTICELLO
StateAR
Zip71655-5006
Property CategoryCommercial
Property TypeCommercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Legal DescriptionPT LT 1 BLK 97 (52.5 X 80)
Legal Range07
Legal Township12
Legal Section26
Legal SubdivisionMONTICELLO ORIGINAL
Legal Block97
Legal Lot Number1
JurisdictionDREW AR
Township / Civil DivisionMARION
Census Block Group2
Census Block2003
Census Tract490400

Owner

502 E Gaines St, a commercial property, is owned by an individual who acquired it in July 2022.

Source: Drew County records, as of October 10, 2025

Owner of RecordIndividual Name on File
Co-ownerCo-owner on File
Mailing Address420 N SPEER ST, MONTICELLO, AR 71655-5800
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last Transfer DateJul 7, 2022
Transfer Doc0000106498
Record UpdatedJun 8, 2026

March 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDREW AR
Property Address502 E GAINES ST, MONTICELLO, AR 71655-5006
Transaction TypeMortgage
Record UpdatedApr 25, 2024

Transferred To (Grantee/Buyer)

NameVerified Name
Address219 KENNEDY BLVD, MONTICELLO, AR 71655-4273

Mortgage

Document Number0000108153
DateMar 13, 2023
Instrument108153
Lender
NameCOMMERCIAL BANK & TRUST COMPANY
TypeBank
Agreement
TypeStand-Alone First Mortgage
AmountAmount on Record
Term60 Months
DueMar 7, 2028

Tax Assessment & Valuation

The 2025 property tax bill for 502 E Gaines St was $115.

Source: Drew County assessment roll, as of January 1, 2025

Property Jurisdictions

TypeName
StateArkansas
CountyDrew County
MunicipalityMonticello City
Unified School DistrictMonticello School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$115.00$2,320 Land $1,560 Building $760
2023$112.00$2,320 Land $1,560 Building $760$11,600 Land $7,800 Building $3,800

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 502 E Gaines St in Zone AE, a high-risk flood area within the regulatory floodway; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective January 11, 2017 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayYes
Base Flood ElevationVaries along the reach; see FIRM
Flood Insurance RequirementRequired
federally backed loans
Nearby Flood Policies1 in force
Nearby Flood Claims2 (2009–2022)
Most Recent ClaimApr 2022 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 502 E Gaines St is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 83% of Arkansas
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMONTICELLO WATER DEPARTMENT
serves 8,442 people · EPA ID AR0000184
Water SourceGroundwater
Last State InspectionApr 2023
Lead1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 285 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Vyve Broadband
Cable
2,000 / 100
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

Nearby Properties on E Gaines St

Nearby Streets

Search Property Records by Address or Parcel Number