NOT LISTED FOR SALE

2648 Cherokee St Saint Louis, MO 63118

Gravois Park Neighborhood

Estimated Value: $673,666 - $705,000

-- Bed
-- Bath
6,319 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 08, 2022

Current estimated payment $3,809/month

73 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Brick or Stone Mason

About This Home

As of November 2022

Est. 1911: Remarkable ~6,000 sq ft mixed-use multi-family in the heart of the Cherokee St. Business District! With a fascinating history, this building has undergone an extensive historically-appropriate gut restoration, & offers 2 commercial units on the main floor, 2 residential units on the 2nd floor & a massive unfinished lower storage level. The front commercial unit features approx 2,200 sq ft, 11-foot ceilings, gorgeous art deco metal ceilings, oak hdwd floors, a kitchenette & shared ADA-compliant half bath. The rear studio (approx 600 sq ft) has a separate address/entrance on Ohio but can be combined w/adjoining door to front space for maximum flexibility. The rear open-concept 2nd fl owner's residential unit (1 bed/1.5 bath ~1400 sqft) is exquisite & features too many upgrades to mention, but incl a pvt staircase to lrg rooftop patio. Front apartment (2 bed/1 bath ~1100 sq ft) incorporates a wonderful historic office facade along the hallway (see pics). MUST SEE to appreciate!

Last Agent to Sell the Property

Christopher Thiemet

RedKey Realty Leaders Circa License #2004012947 Listed on: 05/22/2022

Last Buyer's Agent

Jon Keating

Tower Real Estate Group License #2021007229

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1911

Lot Details

  • 3,223 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Home Design

  • 6,319 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Outdoor Features

  • Deck

Schools

  • Monroe Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 1565-00-0146-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$634

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Ohio
  • Municipality Township: St. Louis City
  • Special Description: Rehabbed
  • Age: 111
  • Ownership: Private
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Deck, Laundry Facility in
  • Square Footage: 6319

Exterior Features

  • Construction: Brick/Stone Msn Pred

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Monroe Elem.
  • Middle School: Long Middle Community Ed. Center
  • High School: Roosevelt High
  • Elementary School: Monroe Elem.
  • Junior High School: Long Middle Community Ed. Center
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 25 x 125
  • Lot Sq Ft: 3223
  • Acres: 0.0740

Rental Info

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

Multi Family

  • Gross Operating Income: 61076.00
  • Units: 2
  • Total Expenses: 23895.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 1234
  • Assessor Parcel Number: 1565-00-0146-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Nov 8, 2022
Sold by
2648 Cherokee Properties Llc
Bought by
Migrant And Immigrant Community Action Projec
Seller's Agent
Christopher Thiemet
RedKey Realty Leaders Circa
Buyer's Agent
Jon Keating
Tower Real Estate Group
List Price
$725,000
Views
2
Current Estimated Value
$689,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$495,000
Outstanding Balance
$481,052
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$284,104
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Migrant And Immigrant Community Action Projec -- Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Communit Migrant $75,000
Open Migrant And Immigrant Community Action Projec $495,000
Previous Owner 2648 Cherokee Properties Llc $483,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold -- -- --
08/04/2022 08/04/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $675,000 -6.9% $107 / Sq Ft
05/22/2022 05/22/22 For Sale $725,000 -- $115 / 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
2024 $634 $149,170 $1,060 $148,110
2023 $634 $6,840 $1,060 $5,780
2022 $655 $6,840 $1,060 $5,780
2021 $655 $6,840 $1,060 $5,780
2020 $622 $6,840 $1,060 $5,780
2019 $620 $6,840 $1,060 $5,780
2018 $637 $6,840 $1,060 $5,780
2017 $628 $6,840 $1,060 $5,780
2016 $573 $6,840 $1,060 $5,780
2015 $519 $6,840 $1,060 $5,780
2014 $519 $6,840 $1,060 $5,780
Source: Public Records

Agents Affiliated with this Home

  • Christopher Thiemet

    Seller's Agent in 2022

    Christopher Thiemet

    RedKey Realty Leaders Circa

    (314) 412-0654

    4 in this area

    348 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Jon Keating

    Tower Real Estate Group

    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS22027481

MARIS MLS

APN: 1565-00-0146-1

Missouri St. Louis City County Saint Louis 63118 Gravois Park

2648 Cherokee St, Saint Louis, MO

This home is located at 2648 Cherokee St, Saint Louis, MO 63118 since 22 May 2022 and is currently estimated at $689,333, approximately $109 per square foot. This property was built in 1911. 2648 Cherokee St is a home located in St. Louis City with nearby schools including Monroe Elementary School, Roosevelt High School, and Kairos Academies.

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