NOT LISTED FOR SALE

215 E Cherry St Troy, MO 63379

Estimated Value: $236,000 - $419,000

-- Bed
1 Bath
4,176 Sq Ft
$78/Sq Ft Est. Value

Last Sold March 01, 2022

Current estimated payment $1,949/month

201 Days on Market

About This Home

As of March 2022

SIX-UNIT RENTAL PROPERTY WITH APROXIMATELY $3150.00 per Month Income! Tons of Potential with this Property Right in the Heart of Troy!!! Great Investment!! Good Cap Rate!!! Over $35,000.00 in annual income!!!

Last Agent to Sell the Property

Gil Dameron

Cannon Realty, Inc. License #1999098884 Listed on: 08/04/2021

Last Buyer's Agent

Stacy Austin

Fox & Riley Real Estate License #2013015703

Fox & Riley Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Lot Details

  • 10,237 Sq Ft Lot
  • Lot Dimensions are 147x70
  • Corner Lot

Home Design

  • 4,176 Sq Ft Home

Schools

  • Claude Brown Elem. Elementary School
  • Troy Middle School
  • Troy Buchanan High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 157026004012013000

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apt Bldg/Exterior En
  • Age: 92
  • Ownership: Private
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 4176

Utilities

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

Schools

  • Elementary School: Claude Brown Elem.
  • Junior High School: Troy Middle
  • School District: Troy R-III
  • Senior High School: Troy Buchanan High

Lot Info

  • Lot Dimensions: 147x70
  • Lot Sq Ft: 10237
  • Location: City, Corner Location
  • Acres: 0.2350

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: All Utilities

Multi Family

  • Building Number: 2
  • Total Units: 6

Tax Info

  • Taxes Paid: 2000
  • Assessor Parcel Number: 157026004012013000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Jul 1, 2014
Sold by
Homebank
Bought by
Ivy Properties Llc
Seller's Agent
Kim Nichols
Nichols Real Estate
Buyer's Agent
Gil Dameron
Cannon Realty, Inc.
List Price
$159,000
Current Estimated Value
$327,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$100,000
Interest Rate
4.17%
Mortgage Type
New Conventional
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
Ivy Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ivy Properties Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Sold -- -- --
02/22/2022 02/22/22 Pending -- -- --
11/01/2021 11/01/21 Price Changed $309,900 -2.9% $74 / Sq Ft
10/07/2021 10/07/21 Price Changed $319,000 -3.0% $76 / Sq Ft
08/23/2021 08/23/21 Price Changed $329,000 -6.0% $79 / Sq Ft
08/04/2021 08/04/21 Price Changed $350,000 +34.7% $84 / Sq Ft
08/04/2021 08/04/21 For Sale $259,900 +63.5% $62 / Sq Ft
07/01/2014 07/01/14 Sold -- -- -- View Prior Sale
07/01/2014 07/01/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $159,000 -- $32 / 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 $2,792 $44,432 $5,267 $39,165
2024 $2,611 $40,789 $4,279 $36,510
2023 $2,595 $40,789 $4,279 $36,510
2022 $2,456 $38,413 $4,279 $34,134
2021 $2,468 $202,170 $0 $0
2020 $1,995 $163,070 $0 $0
2019 $1,998 $163,070 $0 $0
2018 $2,040 $31,272 $0 $0
2017 $2,046 $31,272 $0 $0
2016 $1,771 $26,351 $0 $0
2015 $1,775 $26,351 $0 $0
2014 $1,788 $26,478 $0 $0
2013 -- $26,478 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21055818

MARIS MLS

APN: 157026004012013000