NOT LISTED FOR SALE

25 Crosswinds Dr Arnold, MO 63010

Studio
-- Bath
3,060 Sq Ft
5,227 Sq Ft Lot

Last Sold March 15, 2023

79 Days on Market

Highlights

  • Brick or Stone Mason
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Rare opportunity to purchase and renovate three buildings with twelve total units just minutes from Highway 55 in Arnold. Average rents in the area for 2 bedroom, 1.5 bathroom apartments exceed $1,100/m, but current rents across the occupied units average less than $800 per month. Add a bedroom to the walkout basement of each unit and rents could go even higher. Option to finance with three conventional loans or one commercial loan. Price is for one building. Please do not disturb tenants. Sold as-is. Additional information and photos available.

Last Agent to Sell the Property

Brian Nichols

Nichols & Associates Real Estate License #2014043034 Listed on: 11/09/2022

Last Buyer's Agent

Shelby Hall

Elevate Realty, LLC License #2017020073

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 70x75

Parking

  • Off-Street Parking

Home Design

  • 3,060 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Outdoor Features

  • Patio

Schools

  • Clyde Hamrick Elem. Elementary School
  • Ridgewood Middle School
  • Fox Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas, water
  • Assessor Parcel Number 01-4.0-19.0-3-007-015.02

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Arnold
  • Age: 45
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Patio
  • Square Footage: 3060

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

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

Schools

  • Elementary School: Clyde Hamrick Elem.
  • Junior High School: Ridgewood Middle
  • School District: Fox C-6
  • Senior High School: Fox Sr. High

Lot Info

  • Lot Dimensions: 70x75
  • Lot Sq Ft: 5227
  • Acres: 0.1200

Rental Info

  • Tenancy Type: 1 or More Vacant, Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric, Gas, Water

Multi Family

  • Gross Operating Income: 38700.00
  • Total Expenses: 12295.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2140
  • Assessor Parcel Number: 01-4.0-19.0-3-007-015.02

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold -- -- --
01/28/2023 01/28/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $299,900 -1.7% $98 / Sq Ft
11/09/2022 11/09/22 For Sale $305,000 -- $100 / 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 $2,099 $33,600 $3,600 $30,000
2024 $2,099 $30,000 $3,600 $26,400
2023 $2,099 $30,000 $3,600 $26,400
2022 $2,138 $30,000 $3,600 $26,400
2021 $2,140 $30,000 $3,600 $26,400
2020 $2,218 $29,500 $3,100 $26,400
2019 $2,224 $29,500 $3,100 $26,400
2018 $2,210 $29,500 $3,100 $26,400
2017 $2,244 $29,500 $3,100 $26,400
2016 $2,512 $35,400 $3,100 $32,300
2015 $2,518 $35,400 $3,100 $32,300
2013 -- $35,500 $3,100 $32,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22072244

MARIS MLS