NOT LISTED FOR SALE

Estimated Value: $461,000 - $549,000

Studio
4 Baths
4,524 Sq Ft
$109/Sq Ft Est. Value

Sale Details

Date Sold: January 19, 2022

Current estimated payment $2,962 / mo

61 Days on Market

Highlights

  • Balcony
  • Brick or Stone Mason
  • Fenced
  • Sigel Elementary Community Ed. Center Rated 10
  • Storage Room
  • Mini Split Air Conditioners

About This Home

As of January 2022

Don't miss this opportunity to build your investment portfolio with a potential cap rate of more than 7%. This turnkey 4 family in the heart of McKinley Heights is located on a quiet street. The large building includes 4 shotgun style 1 bed 1 bath units, each measuring over 1100 sq ft. Fully occupied, two tenants are month to month and two are leased (leases expire in December and February). One unit was recently updated with a mini-split system for heating and cooling. Thinking of allowing pets? Attract great tenants with the beautiful, fully fenced backyard that is perfect for your tenant's dogs.

Last Agent to Sell the Property

John Adams

Real Broker LLC License #2017028971 Listed on: 10/14/2021

Real Broker LLC

Last Buyer's Agent

Lucy Feicht

Lou Realty Group License #2018003197

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick or Stone Mason

Interior Spaces

  • 4,524 Sq Ft Home
  • Storage Room
  • Basement

Outdoor Features

  • Balcony

Schools

  • Sigel Elem. Comm. Ed. Center Elementary School
  • Fanning Middle Community Ed.
  • Roosevelt High School

Utilities

  • Mini Split Air Conditioners
  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 1385-00-0200-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

6,578 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 114
  • Ownership: Private
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Balcony, Basement, Fencing, Storage Room Avail
  • Square Footage: 4524

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 3 Plus Window/Wall, Individual Units
  • Heating: Radiator(s)

Schools

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

Lot Info

  • Lot Dimensions: 50x126
  • Lot Sq Ft: 6578
  • Acres: 0.1510

Rental Info

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

Multi Family

  • Gross Operating Income: 38040.00
  • Units: 4
  • Total Expenses: 7619.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2180
  • Assessor Parcel Number: 1385-00-0200-0

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 14, 2021
Closed on
Jan 19, 2022
Sold by
Bought by
Seller's Agent
John Adams
Real Broker LLC
Buyer's Agent
Lucy Feicht
Lou Realty Group
List Price
$400,000
Current Estimated Value
$491,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$375,457
Outstanding Balance
$339,587
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$151,519

Purchase Details

Closed on
Oct 25, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,218
Interest Rate
5.87%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in McKinley Heights, MO

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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
-- Investors Title
$318,000 Freedom Title
-- Sec
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 $375,457
Previous Owner $302,100
Previous Owner $128,218
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
01/19/2022 01/19/22 Sold -- -- --
12/14/2021 12/14/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $400,000 0.0% $88 / Sq Ft
11/02/2021 11/02/21 Off Market -- -- --
10/20/2021 10/20/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $400,000 -- $88 / 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
2026 $3,220 $38,990 $3,330 $35,660
2025 $2,502 $38,990 $3,330 $35,660
2024 $2,380 $29,550 $3,330 $26,220
2023 $2,380 $29,550 $3,330 $26,220
2022 $2,238 $26,740 $3,330 $23,410
2021 $2,235 $26,740 $3,330 $23,410
2020 $2,180 $26,280 $3,330 $22,950
2019 $2,173 $26,280 $3,330 $22,950
2018 $1,965 $23,010 $3,330 $19,680
2017 $1,932 $23,010 $3,330 $19,680
2016 $1,450 $16,970 $3,330 $13,640
2015 $1,316 $16,970 $3,330 $13,640
2014 $1,280 $16,970 $3,330 $13,640
2013 -- $16,520 $3,330 $13,190
Source: Public Records

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Map

Source: MARIS MLS

MLS Number: MIS21072033

MARIS MLS

APN: 1385-00-0200-0

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