NOT LISTED FOR SALE

Estimated Value: $188,988 - $272,000

Studio
-- Baths
1,040 Sq Ft
$213/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2024

Last sale price $189,000 $182 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,526 / mo

64 Days on Market

About This Home

As of December 2024

This fantastic investment property is a well-maintained duplex featuring two identical units with two bedrooms and 1.5 baths. Both units offer a practical layout, with spacious bedrooms, a full bath on the upper level, and a convenient half bath on the main floor. Each side includes a carport, a dedicated storage area, and laundry hookups. Located in a prime location, close to schools and shopping, this property is ideal for tenants. Both units are currently leased and professionally managed, making it a hassle-free and income-generating opportunity for investors.

Last Agent to Sell the Property

Darin Revermann

Real Broker LLC License #475.179348 Listed on: 10/10/2024

Last Buyer's Agent

Lacey and Brent Dore

RE/MAX Signature Properties License #475128953

RE/MAX Signature Properties
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 1975

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 4x30x31x106x95x120

Parking

  • Carport

Home Design

  • Frame Construction
  • Vinyl Siding

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Net Operating Income $13,100

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04-29.0-202-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,958

Year Built

Built in 1975

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1975
  • Directions: State St to Lee to the left on Howard
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.19
  • Co List Office Phone: 5749405
  • Subdivision Name: Howard Place 1st Add
  • Age: 49
  • Total Expenses: 3958.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 1-2 Car
  • Driveway: Concrete,Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: OFALLON DIST 90
  • Junior High Dist: O Fallon DIST 90
  • High School: OFallon
  • Middle Or Junior School: OFALLON DIST 90

Lot Info

  • Lot Dimensions: 4x30x31x106x95x120
  • Lot Size Sq Ft: 8276
  • Parcel Number: 04-29.0-202-009
  • Lot Number: 34

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Leases,Month To Month,Section 8
  • Sub Lease: 0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3958

Multi Family

  • Net Operating Income: 13100
  • Type Of Units: 2-Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Dec 26, 2024
Sold by
Boeckmann Zachary
Bought by
Seller's Agent
Darin Revermann
Real Broker LLC
Buyer's Agent
Lacey and Brent Dore
RE/MAX Signature Properties
List Price
$199,000
Sold Price
$189,000
Premium/Discount to List
-$10,000
-5.03%
Views
75
Current Estimated Value
$212,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,851
Avg. Annual Appreciation
10.04%
Original Mortgage
$141,750
Outstanding Balance
$139,445
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$82,302

Purchase Details

Listed on
Aug 2, 2019
Closed on
Oct 31, 2019
Sold by
Lassonde Jeffrey and Lassonde Melissa
Bought by
Boeckmann Zachary
Seller's Agent
Cari Brunner
RE/MAX Preferred
Buyer's Agent
Darin Revermann
Real Broker LLC
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$103,500
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2011
Sold by
Plunk William C and Plunk Shirley J
Bought by
Lassonde Jeffrey and Lassonde Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,287
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2003
Sold by
Muren Douglas H and Muren Suzanne G
Bought by
Plunk William C and Plunk Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.01%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Muren Gregory
Bought by
Muren Douglas H and Muren Suzanne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.25%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$189,000 Community Title
Boeckmann Zachary $115,000 Town & Country Title Co
Lassonde Jeffrey $107,000 Abstracts & Titles Inc
Plunk William C $86,500 Benchmark Title Company Llc
Muren Douglas H $70,000 Benchmark Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $141,750
Previous Owner Boeckmann Zachary $90,000
Previous Owner Boeckmann Zachary $103,500
Previous Owner Lassonde Jeffrey $104,287
Previous Owner Plunk William C $68,000
Previous Owner Plunk William C $69,000
Previous Owner Muren Douglas H $52,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2024 12/27/24 Sold $189,000 -5.0% $182 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $199,000 +5.3% $191 / Sq Ft
10/03/2024 10/03/24 Off Market $189,000 -- --
10/31/2019 10/31/19 Sold $115,000 -7.9% $55 / Sq Ft View Prior Sale
08/02/2019 08/02/19 For Sale $124,900 -- $60 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,291 $58,864 $5,105 $53,759
2023 $3,958 $52,245 $4,531 $47,714
2022 $3,744 $48,033 $4,166 $43,867
2021 $3,571 $44,984 $4,179 $40,805
2020 $3,547 $42,581 $3,955 $38,626
2019 $3,471 $42,581 $3,955 $38,626
2018 $3,382 $41,345 $3,840 $37,505
2017 $3,119 $36,763 $4,004 $32,759
2016 $3,110 $35,905 $3,911 $31,994
2014 $2,881 $35,490 $3,866 $31,624
2013 $2,213 $38,738 $3,807 $34,931
Source: Public Records

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Map

Source: MARIS MLS

MLS Number: MIS24062778

MARIS MLS

APN: 04-29.0-202-009

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