NOT LISTED FOR SALE

Estimated Value: $332,000 - $502,000

Studio
4 Baths
4,988 Sq Ft
$83/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2020

Current estimated payment $2,394 / mo

31 Days on Market

Highlights

  • Deck
  • Balcony
  • Central Air
  • Sigel Elementary Community Ed. Center Rated 10
  • Detached Garage
  • Partially Fenced Property

About This Home

As of August 2020

Want to get in the rental business? Or add to your existing portfolio? This property is worthy of consideration. Totally remodeled about 10 years ago with new electric panels, plumbing stacks, gas forced air furnaces, central air, hot water heaters.Very little in the wy of day to day maintenance. A new roof was just installed and carries a nice warranty. One unit being held vacant to enable showings without disturbing existing tenants. A lot of renovation and rebuilding in the area leaving room for increased rents. Tenants on one year leases. Stoves and refrigerators supplied to the tenants. Positive cash flow from day 1. Very attractively priced at 8.5 times gross rents. Compare that to other recent sales

Last Agent to Sell the Property

Les Gaffner

Gaffner Realty License #1999144344 Listed on: 06/07/2020

Co-Listed By

Matthew Gaffner

Gaffner Realty License #2000174659

Last Buyer's Agent

Kenneth Chance

SCHNEIDER Real Estate License #2016029839

SCHNEIDER Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,273

Home Design

  • Quadruplex
  • Brick Exterior Construction

Parking

  • Detached Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • Froebel Elem. Elementary School
  • Fanning Middle Community Ed.
  • Roosevelt High School

Utilities

  • Central Air
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Laundry in unit
  • Partially Fenced Property
  • Basement

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 2077-00-0340-0

Property Details

Home Type

Multi-Family

Lot Details

6,273 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: sidney
  • Municipality Township: St. Louis City
  • Year Built Exception: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Balcony, Basement, Deck, Laundry Facl-Private, Partial Fencing
  • Square Footage Unknown: Yes

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: 3-4 Car Detached Grg, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Individual Furnaces

Schools

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

Lot Info

  • Lot Dimensions: 50 ft x 125 ft 2 in

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 32820.00
  • Units: 4
  • Total Expenses: 9453.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2024
  • Assessor Parcel Number: 2077-00-0340-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2020
Closed on
Aug 17, 2020
Sold by
Casa Properties Inc
Bought by
Momoh Sufiyanu Omoaka
Seller's Agent
Les Gaffner
Gaffner Realty
Buyer's Agent
Kenneth Chance
SCHNEIDER Real Estate
List Price
$279,000
Current Estimated Value
$412,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$331,485
Outstanding Balance
$293,502
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$119,165

Purchase Details

Closed on
Apr 12, 2004
Sold by
Deutsche Bank Trust Co
Bought by
Casa Properties Inc

Purchase Details

Closed on
Dec 2, 2003
Sold by
Morgan Todd and Morgan Stacy
Bought by
Deutsche Bank & Trust Co and Bankers Trust Co

Purchase Details

Closed on
Oct 24, 2001
Sold by
Saige Properties Lc
Bought by
Morgan Todd and Morgan Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,841
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
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

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
Momoh Sufiyanu Omoaka $310,000 Servicelink
Casa Properties Inc -- --
Deutsche Bank & Trust Co $50,000 --
Morgan Todd -- Nations Title Agency Inc
Properties By George Inc -- --
Saige Properties Lc -- Nations Title Agency Inc
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 Momoh Sufiyanu Omoaka $331,485
Previous Owner Morgan Todd $36,841
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold -- -- --
07/09/2020 07/09/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $279,000 -- $56 / Sq Ft
Source: MARIS MLS

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 $2,327 $32,280 $3,330 $28,950
2024 $2,214 $27,460 $3,330 $24,130
2023 $2,214 $27,460 $3,330 $24,130
2022 $2,084 $24,870 $3,330 $21,540
2021 $2,081 $24,870 $3,330 $21,540
2020 $2,031 $24,450 $3,330 $21,120
2019 $2,024 $24,460 $3,330 $21,130
2018 $1,633 $19,060 $3,330 $15,730
2017 $1,605 $19,060 $3,330 $15,730
2016 $1,310 $15,300 $3,330 $11,970
2015 $1,189 $15,300 $3,330 $11,970
2014 $1,408 $15,300 $3,330 $11,970
2013 -- $18,210 $3,330 $14,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20038703

MARIS MLS

APN: 2077-00-0340-0

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