NOT LISTED FOR SALE

Estimated Value: $219,000 - $392,000

-- Bed
4 Baths
4,264 Sq Ft
$78/Sq Ft Est. Value

Last Sold December 05, 2019

Current estimated payment $1,947/month

78 Days on Market

Highlights

  • Deck
  • Storage Room
  • Ceiling Fan
  • Brick or Stone Mason
  • Forced Air Heating System
  • 5-minute walk to Gravois Park

About This Home

As of December 2019

SERIOUS BUYERS ONLY - BOM - NO FAULT TO SELLER Excellent investment opportunity in the historic Cherokee Street neighborhood!! This building is occupied with annual leases for 3 of the 4 units totaling $1,940 with opportunity of $2600+ production each month. The 4th unit has been completely rehabbed. The units have large rooms that could be two bedrooms easily with original hardwood floors, original gorgeous woodwork, 2 new high efficiency furnaces, 2 new water heaters. Within blocks of some of the most popular restaurants and bars in South City including Tower Taco, La Vallesana and Fortune Teller, not to mention Antique Row! Cherokee Street is coming up in a big way and this is your opportunity to buy while its still affordable with a building that needs very limited maintenance for many years to come. The size and layout of this building makes it one of the premier multi-family opportunities in the Cherokee area. Other opportunity could be condo/townhouse conversion!!

Last Agent to Sell the Property

Stacey Gualdoni

Worth Clark Realty License #2017043447 Listed on: 07/19/2019

Worth Clark Realty

Last Buyer's Agent

Jason Flodder

OwnSTL License #2022038251

OwnSTL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,725

Lot Details

  • 6,229

Home Design

  • Quadruplex
  • Brick or Stone Mason

Interior Spaces

  • 4,264 Sq Ft Home
  • Ceiling Fan
  • Storage Room

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • 6,229 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 1584-00-0030-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,725

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Cherokee
  • Municipality Township: St. Louis City
  • Ownership: Private
  • Year Built Exception: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Deck, Storage Room Avail
  • Square Footage: 4264

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Ceiling Fan
  • Heating: Forced Air

Schools

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

Lot Info

  • Lot Number: 13
  • Lot Sq Ft: 6229
  • Acres: 0.1430

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 23280.00
  • Units: 4
  • Total Expenses: 5766.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 797
  • Assessor Parcel Number: 1584-00-0030-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Dec 5, 2019
Sold by
Kwg Rehabs Llc
Bought by
Grigsby Ryan A
Seller's Agent
Stacey Gualdoni
Worth Clark Realty
Buyer's Agent
Jason Flodder
OwnSTL
List Price
$249,900
Current Estimated Value
$331,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$172,387
Outstanding Balance
$153,388
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$167,591

Purchase Details

Listed on
Dec 24, 2018
Closed on
Jan 14, 2019
Sold by
Lambert Maria L and Lambert Kristina
Bought by
Kwg Rehabs Llc
Seller's Agent
Steven Weber
Realty Executives of St. Louis
Buyer's Agent
Stacey Gualdoni
Worth Clark Realty
List Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
141.17%
Original Mortgage
$84,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 20, 2015
Sold by
Pogorelsky Alan J and Pogorelsky Judy L
Bought by
Lambert Maria L and Lambert Kristina
Seller's Agent
Jake Glassman
Berkshire Hathaway HomeServices Alliance Real Estate
Buyer's Agent
Steven Weber
Realty Executives of St. Louis
List Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.39%
Original Mortgage
$48,000
Interest Rate
4.08%
Mortgage Type
New Conventional
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
Grigsby Ryan A $229,850 None Available
Kwg Rehabs Llc $105,000 Freedom Title
Lambert Maria L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigsby Ryan A $172,387
Previous Owner Kwg Rehabs Llc $84,000
Previous Owner Lambert Maria L $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold -- -- --
10/06/2019 10/06/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $249,900 +150.2% $59 / Sq Ft
01/14/2019 01/14/19 Sold -- -- --
12/24/2018 12/24/18 For Sale $99,900 +66.8% $23 / Sq Ft
07/20/2015 07/20/15 Sold -- -- --
07/20/2015 07/20/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $59,900 -- $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 $1,725 $27,420 $2,380 $25,040
2024 $1,641 $20,270 $2,380 $17,890
2023 $1,641 $20,270 $2,380 $17,890
2022 $1,467 $17,410 $2,380 $15,030
2021 $1,465 $17,410 $2,380 $15,030
2020 $1,080 $12,850 $2,380 $10,470
2019 $1,076 $12,850 $2,380 $10,470
2018 $798 $9,140 $2,380 $6,760
2017 $784 $9,140 $2,380 $6,760
2016 $847 $9,770 $2,380 $7,390
2015 $770 $9,770 $2,380 $7,390
2014 $800 $9,770 $2,380 $7,390
2013 -- $10,190 $2,380 $7,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19053961

MARIS MLS

APN: 1584-00-0030-0