NOT LISTED FOR SALE

Estimated Value: $328,000 - $382,000

Studio
4 Baths
3,200 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 14, 2017

Current estimated payment $2,123/month

16 Days on Market

Highlights

  • Deck
  • Brick Veneer
  • Forced Air Heating and Cooling System
  • Sigel Elementary Community Ed. Center Rated 10
  • Storage Room

About This Home

As of August 2017

Great opportunity on a renovated multi-family property with great cash flow steps from Lafayette Park and Soulard. Currently Four of four units are occupied with leases and also includes the vacant lot adjacent/behind (2209 Mississippi) to add parking, or build new! Perfect for the owner-occupant to live in one unit and lease other three to cover your mortgage, or for the savvy investor looking purchase an asset that will cash flow immediately.. System updates including plumbing and electric, HVAC, and comprehensive tuck pointing. Units rent extremely fast. Four- two bedroom units with decks and all units have rear entrance. Additional opportunity to convert building to two town homes similar to new construction in the area. Compared with others available and find out why this multi-family is of great value, and expected to move quickly at this price!

2000 Ann Ave. can be purchased as a part of a package deal with 2921 Pennsylvania Ave. in Tower Grove.

Last Agent to Sell the Property

Ben Margalski

Apartment Advisors of America LLC License #2014029066 Listed on: 05/24/2017

Co-Listed By

Michael Zangara

Apartment Advisors of America LLC License #2004034100

Last Buyer's Agent

Daniel Hoffman

Worth Clark Realty License #2013018796

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1927

Lot Details

  • 5,140

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Veneer
  • Frame Construction

Interior Spaces

  • 3,200 Sq Ft Home
  • Storage Room
  • Laundry in unit
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • 5,140 Sq Ft Lot

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas, trash removal

Property Details

Home Type

Multi-Family

Year Built

1927

Lot Details

5,140 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Mississippi
  • Municipality Township: St. Louis City
  • Age: 89
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Misc Features: Basement, Deck, Laundry Facl-Commty, Laundry Facl-Private, Storage Room Avail
  • Square Footage: 3200

Exterior Features

  • Construction: Brick Veneer Decrtv, Brick Veneer Predom, Brick/Stone Msn Pred, Frame

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Lot Info

  • Lot Dimensions: 50 x
  • Lot Sq Ft: 5140
  • Acres: 0.1180

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas, Trash Removal

Multi Family

  • Gross Operating Income: 27600.00
  • Units: 1
  • Total Expenses: 5913.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Jul 24, 2017
Sold by
Zimmermann Derek
Bought by
Hoffman Matthew Michael
Seller's Agent
Ben Margalski
Apartment Advisors of America LLC
Buyer's Agent
Daniel Hoffman
Worth Clark Realty
List Price
$229,900
Current Estimated Value
$355,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$201,286
Outstanding Balance
$169,527
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$186,409

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jan 1, 2016
Sold by
Mccray Darryl G
Bought by
Zimmermann Derek
Seller's Agent
Erik Barthel
Rhodes and Associates Realty
Buyer's Agent
Angeles Jonske
Keller Williams Realty St. Louis
List Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.83%
Original Mortgage
$108,000
Interest Rate
3.98%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Hoffman Matthew Michael $205,000 Stl
Zimmermann Derek -- Continental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Matthew Michael $201,286
Previous Owner Zimmermann Derek $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2017 08/14/17 Sold -- -- --
06/10/2017 06/10/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $229,900 +70.3% $72 / Sq Ft
01/08/2016 01/08/16 Sold -- -- -- View Prior Sale
11/19/2015 11/19/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $135,000 -- $42 / Sq Ft
Source: MARIS MLS

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 $3,465 $54,870 $3,650 $51,220
2024 $3,295 $41,310 $3,650 $37,660
2023 $3,295 $41,310 $3,650 $37,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17042736

MARIS MLS

APN: 138700-01850

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