NOT LISTED FOR SALE

3231 Lafayette Ave Saint Louis, MO 63104

The Gate Neighborhood

Estimated Value: $422,000 - $499,000

-- Bed
4 Baths
3,484 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 24, 2022

Current estimated payment $2,823/month

2 Days on Market

Highlights

  • Brick or Stone Mason
  • Laundry Facilities
  • 1-minute walk to Terry Park
  • Forced Air Heating System
  • Mini Split Air Conditioners

About This Home

As of June 2022

-This four family building has undergone extensive updating.

-Renovation includes completely updated kitchens with matching stainless steel appliances including dishwasher, new lighting and hardware, vanities, tubs w/showers, and toilets.

-Building features central air, beautiful and resilient bamboo floors, some carpet, washer & dryer for each unit in the basement, back yard with parking pad for 4 cars.

-All units are two bedrooms and one full bath.

-Units are rented under market rent for the neighborhood. There are numerous rent comparables that support considerably higher rents.

-All leases are on month to month basis and rents can be raised at any time.



-We will show the property Friday 6/3/22 and review any offers at 2pm on Monday 6/6/22. Please give a response time of 7 pm on 6/6/22.

The Seller is called out of town on Monday, June 6 and will review offers at 2 pm on Tuesday, 6/7/22. Please give a response time of 7pm on 6/7/22. Thank you!!

Last Agent to Sell the Property

Karen Lovadina

Kosztik Realty Group License #2003026318 Listed on: 06/01/2022

Last Buyer's Agent

Sabih Javed

Worth Clark Realty License #2019035220

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,253 Sq Ft Lot
  • Lot Dimensions are 42.5 x 123

Parking

  • Off-Street Parking

Home Design

  • 3,484 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Schools

  • Hodgen Elem. Elementary School
  • Long Middle Community Ed. Center
  • Vashon High School

Utilities

  • Mini Split Air Conditioners
  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 1287-00-0260-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,110

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: S. Compton
  • Municipality Township: St. Louis City
  • Special Description: Renovated
  • Age: 99
  • Ownership: Private
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Laundry Facility in
  • Square Footage: 3484

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Gas, Individual Units
  • Heating: Forced Air

Schools

  • School District: St. Louis City
  • Elementary School: Hodgen Elem.
  • Middle School: Long Middle Community Ed. Center
  • High School: Vashon High
  • Elementary School: Hodgen Elem.
  • Junior High School: Long Middle Community Ed. Center
  • School District: St. Louis City
  • Senior High School: Vashon High

Lot Info

  • Lot Dimensions: 42.5 x 123
  • Lot Sq Ft: 5253
  • Acres: 0.1206

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 40800.00
  • Units: 4
  • Total Expenses: 10955.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2756
  • Assessor Parcel Number: 1287-00-0260-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 24, 2022
Sold by
Indenture Of Trust
Bought by
Mq Investments Llc
Seller's Agent
Karen Lovadina
Kosztik Realty Group
Buyer's Agent
Sabih Javed
Worth Clark Realty
List Price
$435,000
Current Estimated Value
$471,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$345,000
Outstanding Balance
$323,310
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$141,296

Purchase Details

Closed on
Jan 25, 2022
Sold by
Orellana Jose M
Bought by
Indenture Of Trust

Purchase Details

Closed on
Jul 15, 2009
Sold by
Norton Richard J
Bought by
Orellana Jose M and Orellana Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2007
Sold by
Johnson Walter and Johnson Georgia B
Bought by
Norton Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1997
Sold by
Johnson Walter L and Johnson Orville R
Bought by
Johnson Walter
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
Mq Investments Llc -- None Listed On Document
Indenture Of Trust -- None Listed On Document
Indenture Of Trust -- None Listed On Document
Orellana Jose M -- Sec
Norton Richard J -- Integrity Land Title Co Inc
Johnson Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mq Investments Llc $345,000
Previous Owner Orellana Jose M $133,500
Previous Owner Norton Richard J $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold -- -- --
06/04/2022 06/04/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $435,000 -- $125 / 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 $3,110 $57,980 $1,980 $56,000
2024 $2,760 $37,070 $1,980 $35,090
2023 $2,760 $37,070 $1,980 $35,090
2022 $2,760 $33,310 $1,980 $31,330
2021 $2,756 $33,310 $1,980 $31,330
2020 $2,735 $33,310 $1,980 $31,330
2019 $2,726 $33,310 $1,980 $31,330
2018 $2,722 $32,250 $1,980 $30,270
2017 $2,675 $32,240 $1,980 $30,270
2016 $1,412 $16,760 $2,380 $14,380
2015 $1,279 $16,760 $2,380 $14,380
2014 $1,271 $16,760 $2,380 $14,380
2013 -- $16,670 $2,380 $14,290
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karen Lovadina

    Kosztik Realty Group

    (314) 583-9759

    1 in this area

    7 Total Sales

    Karen Lovadina
    Section Image
  • Sabih Javed

    Buyer's Agent in 2022

    Sabih Javed

    Worth Clark Realty

    (314) 607-7035

    1 in this area

    199 Total Sales

    Sabih Javed
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS22028416

MARIS MLS

APN: 1287-00-0260-0

Missouri St. Louis City County Saint Louis 63104 The Gate

3231 Lafayette Ave, Saint Louis, MO

This home is located at 3231 Lafayette Ave, Saint Louis, MO 63104 since 01 June 2022 and is currently estimated at $471,519, approximately $135 per square foot. This property was built in 1923. 3231 Lafayette Ave is a home located in St. Louis City with nearby schools including Hodgen Elementary School, Vashon High School, and St Margaret Of Scotland School.

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.

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