NOT LISTED FOR SALE

Estimated Value: $189,000 - $363,000

-- Bed
4 Baths
3,933 Sq Ft
$62/Sq Ft Est. Value

Last Sold July 25, 2022

Current estimated payment $1,281/month

17 Days on Market

Highlights

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

About This Home

As of July 2022

Outstanding addition to any investor’s portfolio. Fully rented four-family in South City. Tenants have recently signed new one-year leases at $525 per month each. All tenants current on rent payments and have resided in building ranging from 2-14 years. One BR / one BA apartments are heated/cooled with forced air HVAC units. Property in overall good condition with no known immediate repair needs, so new owner walks into $2200 monthly cash flow on Day One of ownership and annual pre-tax income of more than $20,000. Please do not disturb tenants—they are unaware of sale. No sign in yard; all units shown with accepted offer. Property sold AS-IS; Seller to make no changes or alterations. Please submit offers on Special Sale Contract.

Last Agent to Sell the Property

David Gerchen

Coldwell Banker Realty - Gundaker West Regional License #2011032926 Listed on: 06/02/2022

Coldwell Banker Realty - Gundaker West Regional

Last Buyer's Agent

Chris Andoe

Efthim Company, REALTORS License #2016038988

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $549

Year Built

  • Built in 1928

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 121

Parking

  • On-Street Parking

Home Design

  • 3,933 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 1570-00-0285-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$549

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Iowa
  • Municipality Township: St. Louis City
  • Age: 94
  • Ownership: Private
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Balcony, Laundry Facil- None
  • Square Footage: 3933

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Froebel Elem.
  • Middle School: Fanning Middle Community Ed.
  • High School: Roosevelt High
  • 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: 40 x 121
  • Lot Sq Ft: 3920
  • Acres: 0.0900

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 26400.00
  • Units: 1
  • Total Expenses: 4016.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 486
  • Assessor Parcel Number: 1570-00-0285-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2025
Sold by
Algamis David
Bought by
2731 2739 Miami Llc
Current Estimated Value
$225,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,200
Outstanding Balance
$129,727
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$73,840

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 20, 2022
Sold by
Zvi Greenberg
Bought by
Algamis David
Seller's Agent
David Gerchen
Coldwell Banker Realty - Gundaker West Regional
Buyer's Agent
Chris Andoe
Efthim Company, REALTORS
List Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 4, 2017
Sold by
Zhou Ryan
Bought by
Greenberg Zvi
Seller's Agent
Lee Schnelting
Realty Exchange
Buyer's Agent
Angie Buckingham
Berkshire Hathaway HomeServices Select Properties
List Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%

Purchase Details

Closed on
May 25, 2012
Sold by
St Louis Redevelopment Company Llc
Bought by
Zhou Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,625
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Frontenac Bank
Bought by
St Louis Redevelopment Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2012
Sold by
Oakwood Property Group Llc
Bought by
Frontenac Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2003
Sold by
Eichelberger Partners 5 Llc
Bought by
Oakwood Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
Hester Linda Mae
Bought by
Eichelberger Partners 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2003
Sold by
Western United Life Assurance Co
Bought by
Hester Linda Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2002
Sold by
Hot Properties Llc
Bought by
Western United Life Assurance Company

Purchase Details

Closed on
Dec 19, 2000
Sold by
Bank Of New York
Bought by
Hot Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500
Interest Rate
7.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 1998
Sold by
Lumley Deidre
Bought by
World Wide Investment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 1998
Sold by
Hamilton Charles R
Bought by
Lumley Deidre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 5, 1998
Sold by
Kanter William J
Bought by
Hamilton Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back
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
2731 2739 Miami Llc -- None Listed On Document
2731 2739 Miami Llc -- None Listed On Document
Algamis David -- None Listed On Document
Greenberg Zvi $88,400 Ust
Zhou Ryan -- Benchmark Title Llc
St Louis Redevelopment Company Llc -- Benchmark Title Llc
Frontenac Bank $50,000 None Available
Oakwood Property Group Llc -- --
Eichelberger Partners 5 Llc $16,276 --
Hester Linda Mae -- --
Western United Life Assurance Company $12,987 --
Hot Properties Llc -- Commonwealth Land Title Ins
World Wide Investment Co Llc -- Title Searches Inc
Lumley Deidre -- Title Searches Inc
Hamilton Charles R -- Title Searches Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2731 2739 Miami Llc $130,200
Closed 2731 2739 Miami Llc $130,200
Previous Owner Zhou Ryan $74,625
Previous Owner St Louis Redevelopment Company Llc $60,000
Previous Owner Oakwood Property Group Llc $80,000
Previous Owner Hester Linda Mae $19,500
Previous Owner Hot Properties Llc $11,500
Previous Owner Lumley Deidre $42,000
Closed Lumley Deidre $2,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold -- -- --
06/20/2022 06/20/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $200,000 +122.5% $51 / Sq Ft
12/13/2017 12/13/17 Sold -- -- --
12/12/2017 12/12/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $89,900 -- $23 / 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 $549 $8,150 $1,370 $6,780
2024 $523 $6,220 $1,370 $4,850
2023 $523 $6,220 $1,370 $4,850
2022 $487 $5,550 $1,370 $4,180
2021 $486 $5,550 $1,370 $4,180
2020 $473 $5,430 $1,370 $4,060
2019 $471 $5,440 $1,370 $4,070
2018 $476 $5,320 $1,370 $3,950
2017 $468 $5,320 $1,370 $3,950
2016 $482 $5,420 $1,370 $4,050
2015 $439 $5,420 $1,370 $4,050
2014 $436 $5,420 $1,370 $4,050
2013 -- $5,380 $1,370 $4,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22035451

MARIS MLS

APN: 1570-00-0285-0