NOT LISTED FOR SALE

Estimated Value: $627,000 - $1,169,278

-- Bed
3 Baths
6,924 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 07, 2018

Current estimated payment $5,639/month

47 Days on Market

Highlights

  • Deck
  • Patio
  • Fenced
  • Brick or Stone Mason
  • Forced Air Zoned Cooling and Heating System

About This Home

As of June 2018

Magnificent 4-family located in the heart of Lafayette Square, what a rare find. Fully occupied, this beautiful building is updated w/in-unit washer & dryers, breaker boxes & electrical wiring, plumbing, & HVAC. Except for the original re-built historic windows on the front of the building, the other windows have also been replaced. Each unit has been renovated in its own unique style & design, keeping historic features, pocket doors, fireplaces, clawfoot tubs, original doors & trim. Kitchens have an abundance of cabinetry & appliances (dishwasher, refrigerator, built-in microwaves, ovens) provided by the seller. First floor 2 bedroom units are garden style with private decks. second and third floor units are townhouse style with 2 bedrooms and 2 baths, featuring a master suite with walk-out roof top decks. Covered carports w/electric garage door openers - 1 space per unit. All units are rented with leases. At current rents cap rate is 7.0%. Perfect for owner occupant or investor.

Last Agent to Sell the Property

David Voges

Berkshire Hathaway HomeServices Advantage License #1999030256 Listed on: 04/20/2018

Berkshire Hathaway HomeServices Advantage

Last Buyer's Agent

Mike Shepherd

Invest St. Louis License #2010038439

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,481

Year Built

  • 1895

Lot Details

  • 6,055 Sq Ft Lot
  • Lot Dimensions are 50x122
  • Fenced

Home Design

  • 6,924 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Laundry

  • Laundry in unit

Parking

  • Covered Parking
  • Additional Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,481

Year Built

1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 123
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Interior Features

  • Misc Features: Basement, Deck, Fencing, Laundry Facility in, Laundry Facl-Private, Patio
  • Square Footage: 6924

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Additional Parking, Covered, Off Street

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 50x122
  • Lot Sq Ft: 6055
  • Acres: 0.1390

Rental Info

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

Multi Family

  • Gross Operating Income: 70805.00
  • Units: 4
  • Total Expenses: 15156.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 5698

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 7, 2018
Sold by
Freund Chris and Freund April
Bought by
Cody Michael D and Cody Jennifer C
Seller's Agent
David Voges
Berkshire Hathaway HomeServices Advantage
Buyer's Agent
Mike Shepherd
Invest St. Louis
List Price
$795,000
Sold Price
$785,000
Premium/Discount to List
-$10,000
-1.26%
Current Estimated Value
$915,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,320
Avg. Annual Appreciation
2.21%
Original Mortgage
$588,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 25, 2016
Sold by
Gorman Hogan J and Gorman C S O
Bought by
Freund Chris and Freund April
Seller's Agent
Tari Brown
RE/MAX Results
Buyer's Agent
David Voges
Berkshire Hathaway HomeServices Advantage
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$505,000
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Cody Michael D $785,000 None Available
Freund Chris $595,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cody Michael D $577,000
Closed Cody Michael D $577,000
Closed Cody Michael D $588,750
Previous Owner Freund Chris $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold -- -- --
06/07/2018 06/07/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $795,000 +27.2% $115 / Sq Ft
05/25/2016 05/25/16 Sold -- -- --
03/25/2016 03/25/16 For Sale $625,000 -- $90 / 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 $6,481 $81,070 $8,460 $72,610
2023 $6,481 $81,070 $8,460 $72,610
2022 $6,086 $73,290 $8,460 $64,830
2021 $6,078 $73,290 $8,460 $64,830
2020 $5,927 $72,020 $8,460 $63,560
2019 $5,906 $72,020 $8,460 $63,560
2018 $5,797 $68,520 $8,460 $60,060
2017 $5,698 $68,510 $8,460 $60,060
2016 $3,427 $40,550 $8,460 $32,090
2015 $3,106 $40,550 $8,460 $32,090
2014 $3,021 $40,550 $8,460 $32,090
2013 -- $39,470 $8,460 $31,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18029771

MARIS MLS

APN: 2279-03-0020-0