NOT LISTED FOR SALE

Estimated Value: $130,000 - $153,000

Studio
2 Baths
2,182 Sq Ft
$65/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2022

Current estimated payment $915 / mo

1 Day on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • 3-minute walk to Gravois Park

About This Home

As of April 2022

2-family in Gravois Park with 1 vacant rent ready unit. The occupied unit is currently rented below market at $625. Vacant unit can rent for $750/month. Building has good tuckpointing, vinyl insulated windows, new furnace, and pvc waste stack. Once rents are brought up to market rates the building has potential to generate a 7% Cap Rate, or 11% Cash on Cash ROI with conventional financing (management fees included).

Last Agent to Sell the Property

Angela Velazquez

Deca Property Management License #2006032970 Listed on: 02/14/2022

Co-Listed By

Jack Luzecky

1 Degree Realty

Last Buyer's Agent

Christopher Klages

Gladys Manion, Inc. License #2021002410

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Home Design

  • 2,182 Sq Ft Home
  • Duplex
  • Brick or Stone Mason

Schools

  • Froebel Elem. Elementary School
  • Blewett Middle School
  • Beaumont Cte High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 1624-00-0200-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 98
  • Ownership: Private
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 2182

Exterior Features

  • Construction: Brick/Stone Msn Pred

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall
  • Heating: Forced Air, Individual Furnaces

Schools

  • Elementary School: Froebel Elem.
  • Junior High School: Blewett Middle
  • School District: St. Louis City
  • Senior High School: Beaumont Cte High School

Lot Info

  • Lot Dimensions: 30 x 125
  • Lot Sq Ft: 3920
  • Acres: 0.0900

Rental Info

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

Multi Family

  • Units: 2
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 470
  • Assessor Parcel Number: 1624-00-0200-0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 15, 2022
Sold by
Ale Llc
Bought by
Seller's Agent
Angela Velazquez
Deca Property Management
Buyer's Agent
Christopher Klages
Gladys Manion, Inc.
List Price
$115,900
Current Estimated Value
$141,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$86,925
Outstanding Balance
$79,961
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$61,230

Purchase Details

Closed on
Aug 16, 2011
Sold by
Emig Adam and Emig Kristina
Bought by
Ale Llc

Purchase Details

Closed on
Nov 23, 2005
Sold by
Louis Home Solutions Llc
Bought by
Emig Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 23, 2004
Sold by
Menkhausen Brian
Bought by
Mandy Properties Llc

Purchase Details

Closed on
Aug 30, 2004
Sold by
Black Sheri
Bought by
Golden Delta Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Menkhousen Brian and Woodard Suzanne
Bought by
Louis Home Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2004
Sold by
Sunrise Assets Llc
Bought by
Menkhausen Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2003
Sold by
Daniel E Francis Properties Llc
Bought by
Sunrise Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,275
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Equicredit Corp Of America
Bought by
Stephen Reese Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 2001
Sold by
Manzy Rochelle
Bought by
Equicredit Corp Of America

Purchase Details

Closed on
Apr 18, 2000
Sold by
Link Mathew E
Bought by
Commonwealth Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
11.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gravois Park, MO

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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
-- Title Partners
Ale Llc -- Benchmark Title Llc
Emig Adam -- --
Mandy Properties Llc -- --
Golden Delta Enterprises Llc $18,501 --
Hbre Development Inc -- --
Louis Home Solutions Llc -- --
Menkhausen Brian -- Integrity Land Title Co Inc
Sunrise Assets Llc -- --
Stephen Reese Development -- --
Daniel E Francis Properties Llc -- --
Equicredit Corp Of America $39,900 --
Commonwealth Realty -- --
Manzy Rochelle -- --
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 $86,925
Previous Owner Emig Adam $94,000
Previous Owner Hbre Development Inc $27,000
Previous Owner Menkhausen Brian $101,250
Previous Owner Sunrise Assets Llc $37,275
Previous Owner Daniel E Francis Properties Llc $122,000
Previous Owner Manzy Rochelle $49,600
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold -- -- --
02/16/2022 02/16/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $115,900 -- $53 / Sq Ft
Source: MARIS MLS

Tax 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.

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
2026 $1,629 $19,550 $1,030 $18,520
2025 $534 $19,550 $1,030 $18,520
2024 $510 $6,050 $1,030 $5,020
2023 $510 $6,050 $1,030 $5,020
2022 $470 $5,350 $1,030 $4,320
2021 $470 $5,350 $1,030 $4,320
2020 $456 $5,230 $1,030 $4,200
2019 $455 $5,230 $1,030 $4,200
2018 $467 $5,210 $1,030 $4,180
2017 $459 $5,210 $1,030 $4,180
2016 $437 $4,880 $1,030 $3,860
2015 $398 $4,890 $1,030 $3,860
2014 $436 $4,890 $1,030 $3,860
2013 -- $5,380 $1,030 $4,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22008675

MARIS MLS

APN: 1624-00-0200-0

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