NOT LISTED FOR SALE

Estimated Value: $252,000 - $297,000

-- Bed
4 Baths
2,294 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 11, 2017

Current estimated payment $1,645/month

51 Days on Market

About This Home

As of October 2017

Attention investors!! Amazing opportunity to own a fully rented 4 family in the Gate District. 1/2 block away from everything that Lafayette has to offer. Walk to many parks, restaurants, shopping and Lafayette Square.

These are not walk through/shotgun bedrooms.

This building includes newer windows. A new roof was added in 2010.

Washer/dryer hookups in the basement.

One unit is available to show, the other three are available with a signed contract.

Last Agent to Sell the Property

Kristen Kaufman

Berkshire Hathaway HomeServices Select Properties License #2013039220 Listed on: 07/05/2017

Berkshire Hathaway HomeServices Select Properties

Last Buyer's Agent

Kelly Hager

TdD Premier Real Estate License #2005009816

TdD Premier Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,787

Year Built

  • 1958

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 66x125

Parking

  • On-Street Parking

Home Design

  • 2,294 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for electric, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,787

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Lafayette
  • Municipality Township: St. Louis City
  • Age: 58
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Misc Features: Basement
  • Square Footage: 2294

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Hodgen Elem.
  • Middle School: Fanning Middle Community Ed.
  • High School: Vashon High

Lot Info

  • Lot Dimensions: 66X125
  • Lot Sq Ft: 7187
  • Acres: 0.1650

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 22800.00
  • Units: 4
  • Total Expenses: 2982.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Oct 10, 2017
Sold by
1718-20 Iowa Llc
Bought by
Iowa1718 Llc
Seller's Agent
Kristen Kaufman
Berkshire Hathaway HomeServices Select Properties
Buyer's Agent
Kelly Hager
TdD Premier Real Estate
List Price
$155,000
Current Estimated Value
$266,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$111,000
Outstanding Balance
$93,285
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$150,652

Purchase Details

Closed on
Dec 5, 2013
Sold by
Tesfamichael Goitom and Haile Kudusan
Bought by
1718-20 Iowa Llc

Purchase Details

Closed on
Aug 29, 2012
Sold by
Haile Kudusan
Bought by
Tesfamichael Goitom

Purchase Details

Closed on
Jan 6, 2011
Sold by
Tesfamichael Goitom and Haile Kudusan
Bought by
Haile Kudusan

Purchase Details

Closed on
Jun 16, 2010
Sold by
Mica Development Llc
Bought by
Tesfamichael Goitom and Haile Kudusan

Purchase Details

Closed on
May 31, 2010
Sold by
Cotten Armeta D and Cotten Augustus
Bought by
Mica Development Llc

Purchase Details

Closed on
May 26, 2010
Sold by
Roos James H and Roos Judith
Bought by
Mica Development Llc

Purchase Details

Closed on
Apr 7, 2010
Sold by
Cotten Armetta and Cotten Augustus
Bought by
Mica Development Llc

Purchase Details

Closed on
Feb 2, 2008
Sold by
Cotten Armeta D
Bought by
Cotten Augustus

Purchase Details

Closed on
Jul 15, 2004
Sold by
Cotten Augustus and Cotten Armetta
Bought by
Cotten Augustus and Cotten Armetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
7.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 28, 2002
Sold by
Kingston Patricia L
Bought by
Cotten Armeta D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
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
Iowa1718 Llc $139,000 Stl
1718-20 Iowa Llc -- None Available
Tesfamichael Goitom -- None Available
Haile Kudusan -- None Available
Tesfamichael Goitom -- Ctc
Mica Development Llc -- Continental Title Company
Mica Development Llc -- Continental Title Company
Mica Development Llc $31,801 Continental Title Company
Cotten Augustus -- None Available
Cotten Augustus -- Archway Title Agency Inc
Cotten Armeta D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iowa1718 Llc $111,000
Closed Iowa1718 Llc $111,000
Previous Owner Cotten Augustus $104,000
Previous Owner Cotten Augustus $79,200
Previous Owner Cotten Armeta D $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold -- -- --
08/26/2017 08/26/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $155,000 -- $68 / 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
2025 $2,787 $43,790 $2,850 $40,940
2024 $2,651 $32,960 $2,850 $30,110
2023 $2,651 $32,960 $2,850 $30,110
2022 $2,486 $29,730 $2,850 $26,880
2021 $2,482 $29,730 $2,850 $26,880
2020 $2,420 $29,200 $2,850 $26,350
2019 $2,411 $29,200 $2,850 $26,350
2018 $910 $10,470 $2,850 $7,620
2017 $894 $10,470 $2,850 $7,620
2016 $968 $11,210 $3,420 $7,790
2015 $879 $11,210 $3,420 $7,790
2014 $870 $11,210 $3,420 $7,790
2013 -- $11,100 $3,420 $7,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17052432

MARIS MLS

APN: 1317-00-0075-0