NOT LISTED FOR SALE

Estimated Value: $90,000 - $263,000

-- Bed
4 Baths
3,664 Sq Ft
$52/Sq Ft Est. Value

Last Sold February 26, 2020

Current estimated payment $1,092/month

53 Days on Market

About This Home

As of February 2020

Bring this circa 1906 corner building back to life! Formerly a mixed use corner storefront building it is now laid out at 4 apartments. Property needs full rehab but has great presence on the corner of Chippewa and Michigan. Lots of area rehab, many great projects nearby. Ground floor opportunity in an emerging neighborhood. Sold as-is.

Last Agent to Sell the Property

Dan Holak

Gialain Properties License #2002010613 Listed on: 12/06/2019

Last Buyer's Agent

Nicole French

Gialain Properties License #1999082001

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $575

Year Built

  • Built in 1906

Lot Details

  • 4,487 Sq Ft Lot
  • Lot Dimensions are 35 x 125

Parking

  • Off-Street Parking

Home Design

  • 3,664 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 1626-00-0120-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$575

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Michigan
  • Municipality Township: St. Louis City
  • Age: 114
  • Ownership: Private
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 3664

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public

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: 35 x 125
  • Lot Sq Ft: 4487
  • Acres: 0.1030

Rental Info

  • Tenancy Type: None

Tax Info

  • Taxes Paid: 490
  • Assessor Parcel Number: 1626-00-0120-0

Multi Family

  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Feb 26, 2020
Sold by
Real Estate Investor Wholesale Llc
Bought by
Qube D Llc
Seller's Agent
Dan Holak
Gialain Properties
Buyer's Agent
Nicole French
Gialain Properties
List Price
$44,900
Current Estimated Value
$190,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.34%
Original Mortgage
$22,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 18, 2019
Sold by
Walker Robert A
Bought by
Real Estate Investor Wholesales Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,885
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 4, 2002
Sold by
Koester Warren F and Koester Anita C
Bought by
Walker Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,740
Interest Rate
7.15%
Mortgage Type
FHA
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
Qube D Llc $35,000 Title Partners Agency Llc
Real Estate Investor Wholesales Llc $21,635 None Available
Walker Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Qube D Llc $22,000
Previous Owner Real Estate Investor Wholesales Llc $21,885
Previous Owner Real Estate Investor Wholesale Llc $21,885
Previous Owner Walker Robert A $39,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold -- -- --
01/29/2020 01/29/20 Pending -- -- --
01/27/2020 01/27/20 Price Changed $39,500 -4.8% $11 / Sq Ft
01/22/2020 01/22/20 Price Changed $41,500 -3.3% $11 / Sq Ft
01/17/2020 01/17/20 Price Changed $42,900 -1.4% $12 / Sq Ft
01/07/2020 01/07/20 Price Changed $43,500 -3.1% $12 / Sq Ft
12/20/2019 12/20/19 Price Changed $44,900 0.0% $12 / Sq Ft
12/20/2019 12/20/19 For Sale $44,900 -10.0% $12 / Sq Ft
12/11/2019 12/11/19 Off Market -- -- --
12/06/2019 12/06/19 For Sale $49,900 -- $14 / 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 $575 $6,960 $1,200 $5,760
2024 $548 $6,530 $1,200 $5,330
2023 $548 $6,530 $1,200 $5,330
2022 $507 $5,800 $1,200 $4,600
2021 $507 $5,800 $1,200 $4,600
2020 $492 $5,670 $1,200 $4,470
2019 $490 $5,670 $1,200 $4,470
2018 $484 $5,420 $1,200 $4,220
2017 $477 $5,420 $1,200 $4,220
2016 $482 $5,420 $1,200 $4,220
2015 $439 $5,420 $1,200 $4,220
2014 $428 $5,420 $1,200 $4,220
2013 -- $5,290 $1,200 $4,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19087763

MARIS MLS

APN: 1626-00-0120-0