NOT LISTED FOR SALE

Estimated Value: $450,000 - $542,000

-- Bed
4 Baths
3,226 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 09, 2018

Current estimated payment $2,981/month

37 Days on Market

Highlights

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

About This Home

As of November 2018

3121 Lackland Ave-A great fully-occupied and turn-key investment property that is easy to manage and located less than a block from Tower Grove Park! Property was completely renovated in 2013 with new windows, central HVAC, plumbing, electrical, appliances, kitchen cabinets and counter tops, bathrooms, painting, roof, and landscaping. All units are 1 bedroom, 1 bath with common washer & dryer in basement. Tenants are not aware of sale. Showing with accepted contract only. For sale by broker-owner.

Last Agent to Sell the Property

John Muller

Diversified Real Estate Group License #2004014755 Listed on: 10/01/2018

Last Buyer's Agent

Stephanie Dacey

Dacey Realty, LLC License #2012036389

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,492

Year Built

  • 1916

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 40x125

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Updated or Remodeled
  • Brick or Stone Mason

Interior Spaces

  • 3,226 Sq Ft Home
  • Storage Room

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,492

Year Built

1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Arsenal
  • Municipality Township: St. Louis City
  • Special Description: Renovated
  • Age: 102
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Misc Features: Laundry Facl-Commty, Storage Room Avail
  • Square Footage: 3226

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Woerner Elem.
  • Middle School: Peabody Elem.
  • High School: Roosevelt High

Lot Info

  • Lot Dimensions: 40x125
  • Lot Sq Ft: 4966
  • Acres: 0.1140

Rental Info

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

Multi Family

  • Gross Operating Income: 35000.00
  • Units: 4
  • Total Expenses: 10000.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 9, 2018
Sold by
Diversified Real Estate Partners Llc
Bought by
Lucido Joseph
Seller's Agent
John Muller
Diversified Real Estate Group
Buyer's Agent
Stephanie Dacey
Dacey Realty, LLC
List Price
$315,000
Current Estimated Value
$497,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$309,294
Interest Rate
4.7%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2013
Sold by
Diversified Real Estate Partners Llc
Bought by
Cohen Kenneth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,300
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2012
Sold by
Greenpoint Mortgage Funding Inc
Bought by
Diversifield Real Estate Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,113
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 22, 2011
Sold by
Thomas John and Thomas John A
Bought by
Greenpoint Mortgage Funding Inc

Purchase Details

Closed on
Dec 31, 2001
Sold by
James Robert and James Serta A
Bought by
Thomas John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,950
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 1999
Sold by
Gladney Ronald
Bought by
James Robert and James Serita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Lucido Joseph $315,000 None Available
Cohen Kenneth B -- Benchmark Title Llc
Diversifield Real Estate Partners Llc -- None Available
Greenpoint Mortgage Funding Inc $65,397 None Available
Thomas John -- --
James Robert -- --
Gladney Ronald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucido Joseph $303,470
Closed Lucipo Joseh $307,257
Closed Lucido Joseph $309,294
Previous Owner Cohen Kenneth B $163,300
Previous Owner Diversified Real Estate Partners Llc $160,000
Previous Owner Diversified Real Estate Partners Llc $128,113
Previous Owner Thomas John $132,000
Previous Owner Thomas John $71,950
Previous Owner James Robert $54,400
Closed Thomas John $8,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold -- -- --
11/08/2018 11/08/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $315,000 -- $98 / 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 $3,492 $50,580 $3,040 $47,540
2024 $3,322 $41,380 $3,040 $38,340
2023 $3,322 $41,380 $3,040 $38,340
2022 $3,035 $36,380 $3,040 $33,340
2021 $3,031 $36,380 $3,040 $33,340
2020 $2,759 $33,350 $3,040 $30,310
2019 $2,750 $33,350 $3,040 $30,310
2018 $2,125 $24,910 $2,660 $22,250
2017 $2,089 $24,910 $2,660 $22,250
2016 $1,684 $19,760 $2,660 $17,100
2015 $1,528 $19,760 $2,660 $17,100
2014 $1,315 $19,760 $2,660 $17,100
2013 -- $16,970 $2,660 $14,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18075791

MARIS MLS

APN: 5660-00-0190-0