NOT LISTED FOR SALE

209 Lincoln Dr Fredericktown, MO 63645

Estimated Value: $181,807

Studio
-- Bath
2,912 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 21, 2021

Current estimated payment $1,105/month

125 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Open Lot
  • Brick or Stone Veneer Front Elevation
  • High Speed Internet

About This Home

As of April 2021

ATTENTION INVESTORS! 4 unit apartment building in the heart of Fredericktown. Building has had several recent updates including a new roof, exterior doors and one completely remodeled unit upstairs. The property produces good cash flow and it's in a prime location located within walking distance to the grocery store and restaurants. Whether you're looking to get into the rental business or grow your portfolio, this could be a great option for you!

Last Agent to Sell the Property

Geoffrey McDowell

Swinford Realty, LLC License #2017040992 Listed on: 12/14/2020

Last Buyer's Agent

Terri Kettenbrink

Coldwell Banker Realty - Gundaker License #2015022443

Coldwell Banker Realty - Gundaker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Open Lot

Home Design

  • 2,912 Sq Ft Home
  • Quadruplex
  • Brick or Stone Veneer Front Elevation
  • Vinyl Siding

Parking

  • Additional Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Schools

  • Fredericktown Elem. Elementary School
  • Fredericktown Middle School
  • Fredericktown High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for no utilities
  • Assessor Parcel Number 07-3.2-08-001-019-009.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Pacific St
  • Municipality Township: Fredericktown
  • Age: 35
  • Ownership: Private
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Balcony, High Spd Connection, Laundry Facil- None
  • Square Footage: 2912

Exterior Features

  • Construction: Brk/Stn Veneer Frnt, Vinyl Siding

Garage/Parking

  • Parking: Additional Parking, Off Street, Open Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall, Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: Fredericktown Elem.
  • Junior High School: Fredericktown Middle
  • School District: Fredericktown R-I
  • Senior High School: Fredericktown High

Lot Info

  • Lot Dimensions: IRG
  • Lot Sq Ft: 11761
  • Acres: 0.2700

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: No Utilities

Multi Family

  • Gross Operating Income: 2350.00
  • Units: 4
  • Total Expenses: 500.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1762
  • Assessor Parcel Number: 07-3.2-08-001-019-009.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
May 13, 2020
Sold by
Mccarver John E and Mccarver Edna M
Bought by
Calhoun Brandon
Seller's Agent
Lance Cureton
Living The Dream Inc.
Buyer's Agent
Steven Collins
Collins & Associates
List Price
$149,900
Current Estimated Value
$181,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$118,823
Outstanding Balance
$93,097
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$88,710

Purchase Details

Closed on
Nov 18, 2005
Sold by
Mcminn Carlos and Mcminn Elwanda V
Bought by
Mcminn Kyle D and Mcminn Janell J
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
Calhoun Brandon -- None Available
Mcminn Kyle D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calhoun Brandon $118,823
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2021 04/21/21 Sold -- -- --
04/19/2021 04/19/21 Pending -- -- --
02/11/2021 02/11/21 Price Changed $144,500 -9.6% $50 / Sq Ft
12/14/2020 12/14/20 For Sale $159,900 +6.7% $55 / Sq Ft
05/13/2020 05/13/20 Sold -- -- -- View Prior Sale
05/12/2020 05/12/20 Pending -- -- --
08/22/2018 08/22/18 For Sale $149,900 -- $74 / 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 $1,851 $29,260 $0 $0
2024 $1,851 $29,260 $0 $0
2023 $1,841 $29,260 $0 $0
2022 $1,708 $26,900 $0 $0
2021 $1,703 $26,900 $0 $0
2020 $1,762 $26,310 $0 $0
2019 $1,744 $26,310 $0 $0
2018 $1,755 $24,280 $0 $0
2017 $1,716 $24,280 $0 $0
2016 $1,685 $24,280 $0 $0
2015 -- $24,280 $0 $0
2014 -- $24,280 $0 $0
2013 -- $24,280 $0 $0
2012 -- $24,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20089000

MARIS MLS

APN: 07-3.2-08-001-019-009.000