NOT LISTED FOR SALE

Estimated Value: $257,000 - $356,000

10 Beds
4 Baths
6,117 Sq Ft
$49/Sq Ft Est. Value

Last Sold December 13, 2019

Current estimated payment $1,727/month

60 Days on Market

About This Home

As of December 2019

Formerly an 8 family, 3113 Chippewa is now a 6 unit property that overlooks an attached lot (3115, included). The 4 units that were originally on the main floor were converted into 2 larger units, each with 3 bedrooms and 2 full baths. If desired, these units could be converted back to their original floor plan with minimal work. The remaining 4 units on the 2nd floor are still private, one bedroom units. There is storage space in the basements and parking in the rear. The current owner has done quite a bit of work to get the property ready for occupancy, including tackling deferred maintenance and cosmetic finishes to the units. Now it is ready for you to fill it with the tenants of your choice and start making $$$. There are multiple development projects taking place nearby from successful investment organization such as Rise, Southside Spaces, and others so it is a great time to buy in this area. Seller has other properties for sale - ask for details. Come take a look!

Last Agent to Sell the Property

Riahna Kastner

St. Louis Real Estate Society License #2009001033 Listed on: 10/11/2019

Last Buyer's Agent

Demi Beys

Keller Williams Realty St. Louis License #2000156683

Keller Williams Realty St. Louis

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1963

Lot Details

  • 6,273

Parking

  • Parking Lot

Home Design

  • 6,117 Sq Ft Home
  • Brick or Stone Mason

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • 6,273 Sq Ft Lot
  • City Lot

Community Details

  • Low-Rise Condominium

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 1625-00-0350-0

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,572

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: Michigan
  • Municipality Township: St. Louis City
  • Age: 56
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 6117

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Window Unit(s)
  • 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: MO
  • Lot Number: 4
  • Lot Sq Ft: 6273
  • Location: City
  • Acres: 0.1440

Rental Info

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

Multi Family

  • Building Number: 1

Tax Info

  • Taxes Paid: 1214
  • Assessor Parcel Number: 1625-00-0350-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2023
Sold by
Carfield Dustin
Bought by
Scales Llc
Current Estimated Value
$291,450

Purchase Details

Listed on
Oct 11, 2019
Closed on
Dec 13, 2019
Sold by
Cascade Real Estate Lp
Bought by
Carfield Dustin and Naliek Yitzhak
Seller's Agent
Riahna Kastner
St. Louis Real Estate Society
Buyer's Agent
Demi Beys
Keller Williams Realty St. Louis
List Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Listed on
Jul 5, 2018
Closed on
Aug 14, 2018
Sold by
Morace Robert F and Morace Rosemary M
Bought by
Cascade Real Estate Lp
Seller's Agent
connie petty
Connie Petty
Buyer's Agent
Riahna Kastner
St. Louis Real Estate Society
List Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$136,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Rt Construction Co
Bought by
Morace Robert F and Morace Rosemary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Missouri State Bank & Trust Company
Bought by
R T Construction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1999
Sold by
Caradine Lavaugh
Bought by
Hamilton Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1998
Sold by
Spencer William H and Spencer Charlotte R
Bought by
Caradine Lavaughn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.07%
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
Scales Llc -- --
Carfield Dustin $180,000 Continental Title Company
Cascade Real Estate Lp $170,000 None Available
Morace Robert F -- --
R T Construction Co -- --
Hamilton Alexander -- Title Associates Inc
Caradine Lavaughn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cascade Real Estate Lp $136,000
Previous Owner Morace Robert F $137,000
Previous Owner R T Construction Co $48,000
Previous Owner Hamilton Alexander $120,000
Previous Owner Caradine Lavaughn $65,000
Closed Hamilton Alexander $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold -- -- --
12/11/2019 12/11/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $189,900 +8.5% $31 / Sq Ft
08/14/2018 08/14/18 Sold -- -- --
07/09/2018 07/09/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $175,000 -- $28 / 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 $1,572 $25,150 $1,710 $23,440
2024 $1,497 $18,450 $1,710 $16,740
2023 $1,497 $18,450 $1,710 $16,740
2022 $1,332 $15,780 $1,710 $14,070
2021 $1,331 $15,780 $1,710 $14,070
2020 $1,259 $15,370 $1,710 $13,660
2019 $1,254 $15,370 $1,710 $13,660
2018 $1,214 $14,420 $1,710 $12,710
2017 $1,193 $14,420 $1,710 $12,710
2016 $1,225 $14,610 $1,710 $12,900
2015 $1,109 $14,610 $1,710 $12,900
2014 $1,132 $14,610 $1,710 $12,900
2013 -- $14,920 $1,710 $13,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19075282

MARIS MLS

APN: 1625-00-0350-0