NOT LISTED FOR SALE

2001 Chippewa St Saint Louis, MO 63118

Marine Villa Neighborhood

Estimated Value: $69,000 - $301,000

Studio
4 Baths
4,450 Sq Ft
$45/Sq Ft Est. Value

Last Sold August 02, 2024

Current estimated payment $1,107/month

51 Days on Market

Highlights

  • 0.17 Acre Lot
  • Detached Garage
  • Forced Air Heating System

About This Home

As of August 2024

3 of 4 rented, 4th to be rented soon, an rents have increased! Take a look at this cash flowing four family investment property. The property has large spacious units, nice high ceilings and separate entrances for each unit. Inside the units are in fair shape considering long term tenants, who are interested in staying. A new owner could increase the return with a few smart cosmetic upgrades, or finish the rear building for occupancy to create more rent. The rear building is included in the sale and currently serves as storage but could become a garage or additional rental unit!

Last Agent to Sell the Property

Stephen Prane

Reconnect, LLC License #2004013767 Listed on: 06/11/2024

Last Buyer's Agent

Lynne Hart

Real Broker LLC License #2015021561

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $524

Year Built

  • Built in 1908

Lot Details

  • 7,593 Sq Ft Lot
  • Lot Dimensions are 60x125

Home Design

  • 4,450 Sq Ft Home
  • Brick Exterior Construction

Parking

  • Detached Garage
  • Additional Parking

Schools

  • Monroe Elem. Elementary School
  • Fanning Middle Community Ed.
  • Roosevelt High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • Net Operating Income $29,106

Listing and Financial Details

  • Tenant pays for sewer, trash collection, water
  • Assessor Parcel Number 1662-00-0290-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$524

Year Built

Built in 1908

Lot Details

7,593 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1908
  • Directions: Jefferson to Chippewa east to property
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.1743
  • Co List Office Phone: 7714222
  • Subdivision Name: Grimsleys Add
  • Above Grade Finished Sq Ft: 4450
  • Age: 116
  • PropaneTank: None
  • Total Expenses: 5454.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Refrigerator(s), Some Range Oven(s)

Exterior Features

  • Disclosures: Unknown, City, Occupancy Perm Req, Sellers Discl. Avail
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached Garage - 1-2 Car, Additional Parking, Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s), Other
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Monroe Elem.
  • Junior High Dist: St. Louis City
  • High School: Roosevelt High
  • Middle Or Junior School: Fanning Middle Community Ed.

Lot Info

  • Lot Dimensions: 60x125
  • Lot Size Sq Ft: 7593
  • Parcel Number: 1662-00-0290-0

Rental Info

  • Tenant Pays: Other, Sewer, Trash Collection, Water
  • Lease Term: 1 or More Vacant,Leases,Month To Month

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 524
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 29106
  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 30, 2024
Sold by
Wnm Chippewa Llc
Bought by
Maduke Getrude and Maduke Tinashe
Seller's Agent
Stephen Prane
Reconnect, LLC
Buyer's Agent
Lynne Hart
Real Broker LLC
List Price
$249,900
Views
18
Current Estimated Value
$201,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.36%
Original Mortgage
$174,375
Outstanding Balance
$172,402
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$29,265

Purchase Details

Closed on
Dec 21, 2018
Sold by
Rogers Mark and Rogers Michelle
Bought by
Wnm Chippewa Llc

Purchase Details

Closed on
Mar 29, 2006
Sold by
Riehm Rosemaria H
Bought by
Rogers Mark and Rogers Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,920
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2005
Sold by
Jp Morgan Chase Bank
Bought by
Eichelberger Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,120
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1999
Sold by
Riehm Arnold J and Riehm Rosemaria H
Bought by
Riehm Maria M and Riehm John A
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
Maduke Getrude -- None Listed On Document
Maduke Getrude -- None Listed On Document
Wnm Chippewa Llc -- None Available
Rogers Mark -- None Available
Eichelberger Properties Inc $33,900 Tia
Riehm Maria M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maduke Getrude $174,375
Closed Maduke Getrude $174,375
Previous Owner Rogers Mark $133,920
Previous Owner Eichelberger Properties Inc $27,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2024 08/03/24 Pending -- -- --
08/02/2024 08/02/24 Sold -- -- --
06/11/2024 06/11/24 For Sale $249,900 -- $56 / 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 $550 $7,800 $2,280 $5,520
2024 $524 $6,230 $2,280 $3,950
2023 $524 $6,230 $2,280 $3,950
2022 $498 $5,680 $2,280 $3,400
2021 $497 $5,680 $2,280 $3,400
2020 $493 $5,680 $2,280 $3,400
2019 $492 $5,680 $2,280 $3,400
2018 $490 $5,490 $2,280 $3,210
2017 $482 $5,490 $2,280 $3,210
2016 $488 $5,490 $2,280 $3,210
2015 $445 $5,490 $2,280 $3,210
2014 $438 $5,490 $2,280 $3,210
2013 -- $5,400 $2,280 $3,120
Source: Public Records

Agents Affiliated with this Home

  • Stephen Prane

    Seller's Agent in 2024

    Stephen Prane

    Reconnect, LLC

    (314) 322-1191

    2 in this area

    16 Total Sales

    Stephen Prane
    Section Image
  • Lynne Hart

    Buyer's Agent in 2024

    Lynne Hart

    Real Broker LLC

    (314) 324-6907

    2 in this area

    131 Total Sales

    Lynne Hart
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS24037197

MARIS MLS

APN: 1662-00-0290-0

Missouri St. Louis City County Saint Louis 63118 Marine Villa

2001 Chippewa St, Saint Louis, MO

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MARIS MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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