Julie Sacco-Smith
Keller Williams Realty West
(314) 648-2427
133 Total Sales
1 in Saint Ann
$198,000 Price
3225 Ashby Rd Saint Ann, MO 63074
Saint Ann Area
24
Beds
4
Baths
15,508
Sq Ft
0.67
Acre Lot
Highlights
- 0.67 Acre Lot
- Forced Air Heating and Cooling System
- Coin Laundry
- Great Room
About This Home
As of January 2023Ashby Heights Apartments is a 20-unit apartment complex property at 3225-33 Ashby Rd, in St. Louis, Missouri.
Ashby Heights offers a tremendous value add opportunity with a proven cosmetic update plan. 6 of the 20 units have already been updated and are experiencing incredible demand from the rental market.
Ashby Heights Apartments has an in place cap rate of 7.03% and once the cosmetic update plan has been completed, an 8.40% unlevered yield on cost ($1,499,000 purchase + $9,000 x 14 units = $1,625,000 total cost).
The property offers abundant off-street parking (+/- 25 spaces). A new coin operated laundry room has been added to the basement to serve non-updated units while the renovation plan is executed. All units have central air conditioning and heat. The property has walk out basements that provide an option for an owner to offer storage to tenants for additional income.
Last Agent to Sell the Property
Salient Realty Group, LLC License #2020033848 Listed on: 10/04/2022
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Property Details
Home Type
- Apartment
Year Built
- Built in 1964 | Remodeled
Lot Details
- 29,185 Sq Ft Lot
- Sprinkler System
Home Design
- Brick Exterior Construction
Interior Spaces
- 15,508 Sq Ft Home
- Drapes & Rods
- Great Room
Kitchen
- Oven or Range
- Dishwasher
Parking
- 1 Parking Space Included
- Parking Lot
Schools
- Buder Elem. Elementary School
- Hoech Middle School
- Ritenour Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Powered By Gas
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electric, gas
- Assessor Parcel Number 14M-64-1277
Community Details
Overview
- 20 Units
- Low-Rise Community
Additional Features
- Coin Laundry
- Building Fire Alarm
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Saint Ann, MO
-
Julie Sacco-Smith
-
Sarah Bravo
Sarah Bravo
Coldwell Banker Realty - Gundaker West Regional
(314) 463-4396
219 Total Sales
5 in Saint Ann
$155K - $236K Price Range
-
Jason Camenzind
Jason Camenzind
Coldwell Banker Realty - Gundaker
(314) 208-2090
24 Total Sales
1 in Saint Ann
$150,000 Price
-
Janee' Kendrick
Janee' Kendrick
Williams Claytor Realty, LLC
(888) 923-0753
81 Total Sales
1 in Saint Ann
$105,000 Price
-
JT Ross
JT Ross
Keller Williams Marquee
(314) 455-8907
118 Total Sales
1 in Saint Ann
$149,000 Price
-
Peter Lu
Peter Lu
EXP Realty, LLC
(314) 697-1743
807 Total Sales
7 in Saint Ann
$50K - $210K Price Range
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 |
|---|---|---|---|
| -- | -- | ||
| Apartment Holdings Llc | -- | None Listed On Document | |
| Shefah Llc | -- | None Listed On Document | |
| Ashby Heights Apartments Llc | $930,000 | True Title Company Llc | |
| A3225 Lp | -- | Investors Title Co Clayton | |
| Lxi Properties Llc | -- | None Available | |
| Taylor Albert | $800,000 | -- | |
| Loc Corp | $575,000 | -- | |
| Nhs Properties Llc | $507,500 | -- |
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 | $1,075,000 | ||
| Previous Owner | Shefah Llc | $981,250 | |
| Previous Owner | Ashby Heights Apartments Llc | $744,000 | |
| Previous Owner | A3225 Lp | $497,000 | |
| Previous Owner | Lxi Properties Llc | $635,000 | |
| Previous Owner | Taylor Albert | $640,000 | |
| Previous Owner | Loc Corp | $460,000 | |
| Previous Owner | Nhs Properties Llc | $420,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2023 01/13/23 | Sold | -- | -- | -- | |
| 11/29/2022 11/29/22 | Pending | -- | -- | -- | |
| 10/04/2022 10/04/22 | For Sale | $1,499,000 | +57.8% | $97 / Sq Ft | |
| 12/23/2019 12/23/19 | For Sale | $950,000 | +26.8% | $41 / Sq Ft | |
| 12/20/2019 12/20/19 | Sold | -- | -- | -- | View Prior Sale |
| 12/19/2019 12/19/19 | Pending | -- | -- | -- | |
| 03/21/2017 03/21/17 | Sold | -- | -- | -- | View Prior Sale |
| 02/27/2017 02/27/17 | Pending | -- | -- | -- | |
| 10/24/2016 10/24/16 | For Sale | $749,000 | -- | $32 / 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 |
|---|---|---|---|---|
| 2025 | $18,248 | $276,700 | $76,000 | $200,700 |
| 2024 | $18,248 | $191,520 | $19,000 | $172,520 |
| 2023 | $17,739 | $191,520 | $19,000 | $172,520 |
| 2022 | $18,778 | $186,900 | $19,000 | $167,900 |
| 2021 | $18,734 | $186,900 | $19,000 | $167,900 |
| 2020 | $17,688 | $162,830 | $19,000 | $143,830 |
| 2019 | $17,462 | $162,830 | $19,000 | $143,830 |
| 2018 | $17,541 | $146,150 | $19,000 | $127,150 |
| 2017 | $16,791 | $146,150 | $19,000 | $127,150 |
| 2016 | $15,392 | $140,390 | $19,000 | $121,390 |
| 2015 | $15,476 | $140,390 | $19,000 | $121,390 |
| 2014 | $17,077 | $157,660 | $34,200 | $123,460 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Alms
Seller's Agent in 2023
Tyler Alms
Salient Realty Group, LLC
(314) 451-7897
13 Total Sales
-
Garen Lafser
Seller Co-Listing Agent in 2023
Garen Lafser
Salient Realty Group, LLC
(314) 374-3687
32 Total Sales
-
Lynne Hart
Buyer's Agent in 2023
Lynne Hart
Real Broker LLC
(314) 324-6907
137 Total Sales
-
Jordan Schoen
Seller's Agent in 2019
Jordan Schoen
Invest St. Louis
(314) 255-5117
89 Total Sales
-
Mike Shepherd
Seller's Agent in 2017
Mike Shepherd
Invest St. Louis
(314) 662-6453
38 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS22064551
APN: 14M-6-4-127-7
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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