NOT LISTED FOR SALE

Estimated Value: $236,000 - $254,862

-- Bed
4 Baths
3,862 Sq Ft
$63/Sq Ft Est. Value

Last Sold November 08, 2022

Current estimated payment $1,397/month

145 Days on Market

About This Home

As of November 2022

---100% occupied four-family in quiet pocket of South City's Dutchtown neighborhood. Below market rents offer significant value-add upside via rent stabilization to new owners. Vintage wood finishes including solid wood doors, cabinets, and wood flooring in living areas. Walking distance to bus stops, banks, restaurants, drug/grocery stores, and local amenities. All units are separately metered with gas/electric paid by Tenants. Washer/Dryer in basement. Each unit with a balcony and/or walkout patio and parking in alleyway and off-street.

----Property sold in conjunction with 3725 Meramec Street (0.6 mi away). MLS ID: 22034430. Seller prefers to sell as portfolio. Financials reflect the portfolio (both properties combined). Units are 100% occupied and tours will be provided upon the acceptance of a contract. Please do not disturb Tenants.

---PURCHASE PRICE FOR BOTH OSAGE & MERAMEC (8 UNITS) IS $459,900.00.

Last Agent to Sell the Property

John Sheahan

DESCO Residential License #1999030010 Listed on: 05/31/2022

DESCO Residential

Last Buyer's Agent

Sharonda Sutton

EXP Realty, LLC License #2021006096

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1914

Lot Details

  • 5,227

Home Design

  • Quadruplex

Schools

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

Additional Features

  • Balcony
  • 5,227 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 2576-00-0210-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,269

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Louisiana Ave.
  • Municipality Township: St. Louis City
  • Age: 108
  • Ownership: Private
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Balcony
  • Square Footage Unknown: Yes

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • School District: St. Louis City
  • Elementary School: Meramec Elem.
  • Middle School: Fanning Middle Community Ed.
  • High School: Roosevelt High
  • Elementary School: Meramec Elem.
  • Junior High School: Fanning Middle Community Ed.
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 5227
  • Lot Sq Ft: 5227
  • Acres: 0.1200

Rental Info

  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 54960.00
  • Units: 1
  • Total Expenses: 21464.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 1107
  • Assessor Parcel Number: 2576-00-0210-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2023
Sold by
Williams Lina and Williams John
Bought by
Lina Williams Llc
Current Estimated Value
$233,661

Purchase Details

Listed on
May 31, 2022
Closed on
Nov 8, 2022
Sold by
Schleiffarth Stephen
Bought by
Williams Lina and Williams John
Seller's Agent
John Sheahan
DESCO Residential
Buyer's Agent
Sharonda Sutton
EXP Realty, LLC
List Price
$247,500
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$162,187
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2019
Closed on
Sep 30, 2019
Sold by
Keystone Investment Properties Llc
Bought by
Schleiffarth Stephen and Andrus Dallin
Seller's Agent
Sara Blandino
Realty Exchange
Buyer's Agent
Casey Penrod
DRG - Delhougne Realty Group
List Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$109,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2013
Sold by
Keystone Investment Properties Llc
Bought by
Skubic Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2006
Sold by
Skubic Keith G and Skubic Mary P
Bought by
Keystone Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2006
Sold by
Gladiator Investments Llc
Bought by
Skubic Keith and Skubic Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 2005
Sold by
Browning Jerry W and Marz Browning Lisa
Bought by
Gladiator Investments Llc

Purchase Details

Closed on
Nov 8, 2004
Sold by
Kham Properties Llc
Bought by
Browning Jerry and Browning Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2003
Sold by
Kham Somphone S and Kham Leonora A
Bought by
Kham Properties Llc

Purchase Details

Closed on
Mar 5, 1998
Sold by
Heartland Bank
Bought by
Kham Somphone and Kham Leonora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1997
Sold by
Bowen Maurice C
Bought by
Heartland Bank
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
Lina Williams Llc -- None Listed On Document
Williams Lina -- --
Schleiffarth Stephen $146,000 Select Title Group
Skubic Mary P -- None Available
Keystone Investment Properties Llc -- None Available
Skubic Keith -- Abstar Title Company
Gladiator Investments Llc -- None Available
Browning Jerry -- Integrity Land Title Co Inc
Kham Properties Llc -- --
Kham Somphone -- --
Heartland Bank $64,274 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Lina $162,187
Previous Owner Schleiffarth Stephen $109,500
Previous Owner Skubic Keith G $99,900
Previous Owner Skubic Keith $108,000
Previous Owner Browning Jerry W $103,500
Previous Owner Browning Jerry $103,500
Previous Owner Kham Somphone $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold -- -- --
10/24/2022 10/24/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $222,250 -7.4% $58 / Sq Ft
07/08/2022 07/08/22 Price Changed $240,000 -51.5% $62 / Sq Ft
06/16/2022 06/16/22 Price Changed $495,000 +100.0% $128 / Sq Ft
05/31/2022 05/31/22 For Sale $247,500 +65.1% $64 / Sq Ft
09/30/2019 09/30/19 Sold -- -- --
08/31/2019 08/31/19 Pending -- -- --
08/11/2019 08/11/19 For Sale $149,900 -- $39 / 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 $1,269 $19,880 $2,150 $17,730
2024 $1,208 $14,820 $2,150 $12,670
2023 $1,208 $14,820 $2,150 $12,670
2022 $1,108 $13,070 $2,150 $10,920
2021 $1,107 $13,070 $2,150 $10,920
2020 $1,072 $12,750 $2,150 $10,600
2019 $1,069 $12,750 $2,150 $10,600
2018 $805 $9,240 $2,150 $7,090
2017 $792 $9,230 $2,150 $7,090
2016 $741 $8,510 $2,150 $6,370
2015 $674 $8,520 $2,150 $6,370
2014 $799 $8,520 $2,150 $6,370
2013 -- $10,170 $2,150 $8,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22034425

MARIS MLS

APN: 2576-00-0210-0