NOT LISTED FOR SALE

Estimated Value: $412,000 - $552,000

-- Bed
4 Baths
5,590 Sq Ft
$84/Sq Ft Est. Value

Last Sold March 19, 2018

Current estimated payment $2,532/month

7 Days on Market

Highlights

  • 0.2 Acre Lot
  • Balcony
  • Brick or Stone Mason
  • Deck
  • Detached Garage
  • Storage Room

About This Home

As of March 2018

Investment opportunity! This is one of the largest 4-family buildings in south city, 5600 sq ft, and sits directly on red hot Cherokee Street! Each 2 bedroom unit is roughly 1400 sq ft. Total expected monthly rent is $3200. 2 units currently rented. Upper units have an office or small 3rd bedroom. The parcel also includes as 25x130 ft side lot and two 2 car garages. The units retain much of the original character with original trim/moldings and doors. Building also features forced air, newer gas furnaces, new a/c's, circuit breakers and plumbing updates. A block away from Cherokee's central business district which has many restaurants, shops, art galleries, and live music. This location is a short bike ride to Tower Grove & Benton Park. Side lot also represents one of the only opportunities to control a buildable lot anywhere on Cherokee Street. Cash flow? Townhouse Conversion plus new build? Possibilities are endless!

Last Agent to Sell the Property

Jim Willen

Worth Clark Realty License #2006032973 Listed on: 02/07/2018

Worth Clark Realty

Last Buyer's Agent

Daniel McCluskey

Heritage Properties Realty LLC License #1999036976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $855

Year Built

  • 1885

Lot Details

  • 8,843 Sq Ft Lot
  • Lot Dimensions are 75x130
  • Fenced

Home Design

  • Quadruplex
  • Brick or Stone Mason

Interior Spaces

  • 5,590 Sq Ft Home
  • Ceiling Fan
  • Storage Room
  • Basement

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$855

Year Built

1885

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Nebraska
  • Municipality Township: St. Louis City
  • Age: 133
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1885

Interior Features

  • Misc Features: Balcony, Basement, Deck, Fencing, Laundry Facl-Commty, Storage Room Avail
  • Square Footage: 5590

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

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

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Ceiling Fan, 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

Lot Info

  • Lot Dimensions: 75x130
  • Lot Sq Ft: 8843
  • Acres: 0.2030

Rental Info

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

Multi Family

  • Gross Operating Income: 37800.00
  • Units: 4
  • Total Expenses: 7277.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2018
Sold by
Valencia Valencia Alecia Marie Alecia Marie and Valencia Shea Alecia
Bought by
Shea Ryan Peter
Current Estimated Value
$469,396

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 19, 2018
Sold by
Pullukattu Mathen
Bought by
Cherry Bloom Ventures Llc
Seller's Agent
Jim Willen
Worth Clark Realty
Buyer's Agent
Daniel McCluskey
Heritage Properties Realty LLC
List Price
$294,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$216,000
Outstanding Balance
$184,831
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$284,565

Purchase Details

Closed on
Jul 6, 2011
Sold by
Stagner Bradford and Stagner Jess C
Bought by
Pullukattu Mathen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shea Ryan Peter -- None Available
Cherry Bloom Ventures Llc $270,000 None Available
Pullukattu Mathen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Bloom Ventures Llc $216,000
Previous Owner Pullukattu Mathen $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold -- -- --
02/15/2018 02/15/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $294,900 -- $53 / 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 $855 $11,450 $2,570 $8,880
2024 $809 $8,920 $2,570 $6,350
2023 $809 $8,920 $2,570 $6,350
2022 $752 $7,900 $2,570 $5,330
2021 $751 $7,900 $2,570 $5,330
2020 $733 $7,750 $2,570 $5,180
2019 $717 $7,760 $2,570 $5,190
2018 $616 $6,310 $2,570 $3,740
2017 $607 $6,310 $2,570 $3,740
2016 $557 $6,310 $2,570 $3,740
2015 $507 $6,310 $2,570 $3,740
2014 $497 $6,310 $2,570 $3,740
2013 -- $6,180 $2,570 $3,610
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS18001149

MARIS MLS

APN: 1507-00-0220-0