NOT LISTED FOR SALE

1241 Laredo Ave Saint Louis, MO 63138

Estimated Value: $84,000 - $96,000

2 Beds
1 Bath
996 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 30, 2023

Current estimated payment $590/month

84 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Combination Dining and Living Room
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of June 2023

GREAT CASH FLOW INVESTMENT OPPORTUNITY! - This recently renovated property is part of a 5 single family home investment package; includes 4 - 3bed/1bath and 1 - 2bed/1bath, 3 tenant-occupied and 2 vacant (seller can readily acquire tenant or leave vacant based on buyer preference) Fully rented, properties can generate $59,280 in gross annual rent with 11.89% CAP rate (rate includes annual 8% provision for property management and 5% for maintenance) All properties are within a 5-mile radius. All utilities are paid by tenants. All big-ticket items have been replaced or repaired and all appliances were replaced upon purchase in 2019. For complete details on this package, please see brochure located in the supplements. Included properties are as follows: 23008310 (11900 Lavida Ave), 23008317 (10809 Spring Garden Dr), 23008318 (9709 Dennis Dr), 23008319 (531 Chambers Rd)

Last Agent to Sell the Property

Sharlotte Luna

Keller Williams Pinnacle License #2021049022 Listed on: 02/21/2023

Keller Williams Pinnacle

Last Buyer's Agent

Lance Merrick

Keller Williams Pinnacle License #2018005173

Keller Williams Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 7,479 Sq Ft Lot
  • Lot Dimensions are 110x72x110x72
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 996 Sq Ft Home
  • Combination Dining and Living Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Larimore Elem. Elementary School
  • East Middle School
  • Hazelwood East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08E-32-0433

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,352

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Cross Street: Larimore Rd
  • Municipality Township: Unincorporated
  • Special Areas: Main Floor Laundry
  • Special Description: Renovated
  • Age: 72
  • Ownership: Private
  • Year Built: 1951
  • Directions: GPS friendly :) From I-270 E, take exit 32 & turn left on Bellefontaine Rd. Take next right onto Larimore Rd & slight right to stay on Larimore. Turn left onto Laredo Ave. Your new property is at the end of the street on the right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Slab
  • Bedroom Types: Main Floor Master
  • Dining Room: Dining/Living Rm Cmb
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 996.00
  • Appliances: Range/Oven-Gas, Refrigerator
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Square Footage: 996
  • Total Full Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking: Detached, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Hazelwood
  • Elementary School: Larimore Elem.
  • Middle School: East Middle
  • High School: Hazelwood East High
  • Elementary School: Larimore Elem.
  • Junior High School: East Middle
  • School District: Hazelwood
  • Senior High School: Hazelwood East High

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 110x72x110x72
  • Lot Number: 19
  • Lot Sq Ft: 7479
  • Acres: 0.1717

Tax Info

  • Taxes Paid: 1025
  • Taxes Paid Year: 2022
  • Assessor Parcel Number: 08E-32-0433

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Hamza Tahir
Bought by
Htek Properties Llc
Current Estimated Value
$88,167

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 17, 2019
Sold by
Wells Fargo Bank Na
Bought by
Dsmb Llc
Seller's Agent
Christine Masters
Coldwell Banker Realty - Gundaker
Buyer's Agent
Malinda Terreri
Terreri Team Realty LLC
List Price
$9,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.68%

Purchase Details

Closed on
Aug 24, 2001
Sold by
Rhino Investments Llc
Bought by
Jackson Leonard C and Jackson Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,608
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2001
Sold by
Bell Victoria and Bell Jeff
Bought by
Rhino Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,608
Interest Rate
6.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Htek Properties Llc -- None Listed On Document
Dsmb Llc $15,876 Copper Title Llc
Jackson Leonard C $50,000 --
Rhino Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Leonard C $56,216
Previous Owner Jackson Leonard C $49,608
Previous Owner Rhino Investments Llc $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold -- -- --
05/17/2023 05/17/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $73,700 0.0% $74 / Sq Ft
05/06/2023 05/06/23 Off Market -- -- --
03/06/2023 03/06/23 For Sale $73,700 0.0% $74 / Sq Ft
03/02/2023 03/02/23 Off Market -- -- --
02/21/2023 02/21/23 For Sale $73,700 +644.4% $74 / Sq Ft
06/07/2019 06/07/19 Sold -- -- --
05/13/2019 05/13/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $9,900 -- $10 / Sq Ft
Source: MARIS 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
2024 $1,352 $14,130 $2,790 $11,340
2023 $1,319 $14,130 $2,790 $11,340
2022 $1,025 $9,560 $1,600 $7,960
2021 $1,010 $9,560 $1,600 $7,960
2020 $954 $8,380 $1,240 $7,140
2019 $915 $8,380 $1,240 $7,140
2018 $849 $7,140 $890 $6,250
2017 $846 $7,140 $890 $6,250
2016 $853 $7,100 $2,030 $5,070
2015 $824 $7,100 $2,030 $5,070
2014 $1,046 $9,040 $1,820 $7,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23008316

MARIS MLS

APN: 08E-32-0433