NOT LISTED FOR SALE

Estimated Value: $98,473 - $212,000

-- Bed
4 Baths
3,290 Sq Ft
$42/Sq Ft Est. Value

Last Sold August 03, 2020

Current estimated payment $766/month

76 Days on Market

Highlights

  • Bonus Room
  • Brick or Stone Mason
  • Laundry Facilities
  • Balcony
  • Forced Air Heating and Cooling System
  • 2-minute walk to South St Louis Square Park

About This Home

As of August 2020

This spacious 3,290 sf duplex is turnkey and ready to cash flow for years to come. Originally built in 1865 as a 4-family, the building now has two townhouse style units. Each one features living room, kitchen, two large bedrooms, 1.5 bath, bonus room,, in-unit laundry hookups, tall ceilings, and a breezy balcony. The current owners did an extensive rehab in 2015 including new plumbing, furnaces, kitchens, and flooring. The second floor of each unit has central air and the first floor is cooled with window units. Each side has its own roof; one side is new roof and one side may need replacement. Tenants share an unfinished basement with storage, large unfenced yard, and off-street parking. Owner pays for sewer, water, trash, lawn, and repairs; tenants pay for electric and gas. The property is well-maintained by a professional management company that would be happy to continue if you like.

Last Agent to Sell the Property

Tammy Derrigan

Worth Clark Realty License #2016008170 Listed on: 05/10/2020

Worth Clark Realty

Last Buyer's Agent

Stephanie Nelson Pondrom

Berkshire Hathaway HomeServices Select Properties License #2019003726

Berkshire Hathaway HomeServices Select Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1865

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 47.5 x 140
  • Partially Fenced Property

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick or Stone Mason

Interior Spaces

  • 3,290 Sq Ft Home
  • Bonus Room
  • Basement

Outdoor Features

  • Balcony

Schools

  • Mason Elem. Elementary School
  • Lyon-Blow Middle School
  • Roosevelt High School

Utilities

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 3096-00-0120-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$550

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Minnesota
  • Municipality Township: St. Louis City
  • Special Description: Rehabbed
  • Age: 155
  • Ownership: Private
  • Year Built: 1865
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Balcony, Basement, Bonus Room, Laundry Facility in, Partial Fencing
  • Square Footage: 3290

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Mason Elem.
  • Middle School: Lyon-Blow Middle
  • High School: Roosevelt High
  • Elementary School: Mason Elem.
  • Junior High School: Lyon-Blow Middle
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 47.5 x 140
  • Lot Sq Ft: 6708
  • Acres: 0.1540

Rental Info

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

Multi Family

  • Gross Operating Income: 16680.00
  • Units: 2
  • Total Expenses: 6280.00
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 471
  • Assessor Parcel Number: 3096-00-0120-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2020
Closed on
Aug 3, 2020
Sold by
Waterloo Apt Partners Llc
Bought by
Caz Rentals Llc
Seller's Agent
Tammy Derrigan
Worth Clark Realty
Buyer's Agent
Stephanie Nelson Pondrom
Berkshire Hathaway HomeServices Select Properties
List Price
$124,950
Current Estimated Value
$136,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%
Original Mortgage
$52,000
Outstanding Balance
$46,213
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$90,655

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 23, 2015
Sold by
Deutsche Bank Trust Company Americas
Bought by
Waterloo Apt Partners Llc
Seller's Agent
Cheryl Rabin
REALHome Services & Solutions, Inc
Buyer's Agent
Renters Resource
Impact 5, LLC
List Price
$17,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.45%

Purchase Details

Closed on
Dec 23, 2014
Sold by
Leger John T and Leger Cheryl J
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Jul 5, 2005
Sold by
Leger John T and Leger Cheryl J
Bought by
T I G Investment Properties Llc

Purchase Details

Closed on
Apr 8, 2005
Sold by
Real Estate Investments & Consulting Llc
Bought by
Leger John T and Leger Cheryl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 16, 2004
Sold by
Conner Carl M
Bought by
Real Estate Investments & Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Caz Rentals Llc $65,000 Continental Title Company
Waterloo Apt Partners Llc -- Premium Title Services Inc
Deutsche Bank Trust Company Americas $38,000 None Available
T I G Investment Properties Llc -- Fa
Leger John T -- Fa
Real Estate Investments & Consulting Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caz Rentals Llc $52,000
Previous Owner Leger John T $112,500
Previous Owner Real Estate Investments & Consulting Llc $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2020 08/03/20 Sold -- -- --
07/26/2020 07/26/20 Pending -- -- --
06/05/2020 06/05/20 Price Changed $99,500 -13.4% $30 / Sq Ft
05/17/2020 05/17/20 Price Changed $114,950 -8.0% $35 / Sq Ft
05/10/2020 05/10/20 For Sale $124,950 +635.0% $38 / Sq Ft
06/17/2015 06/17/15 Sold -- -- -- View Prior Sale
06/17/2015 06/17/15 For Sale $17,000 -- $5 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
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 $550 $6,630 $1,350 $5,280
2024 $525 $6,240 $1,350 $4,890
2023 $525 $6,240 $1,350 $4,890
2022 $491 $5,600 $1,350 $4,250
2021 $490 $5,600 $1,350 $4,250
2020 $474 $5,440 $1,350 $4,090
2019 $471 $5,440 $1,350 $4,090
2018 $391 $4,310 $1,350 $2,960
2017 $385 $4,310 $1,350 $2,960
2016 $389 $4,310 $1,350 $2,960
2015 $763 $9,690 $1,350 $8,340
2014 $819 $9,690 $1,350 $8,340
2013 -- $10,430 $1,350 $9,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20030756

MARIS MLS

APN: 3096-00-0120-0