NOT LISTED FOR SALE

Estimated Value: $152,000 - $244,000

Studio
4 Baths
2,838 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: April 7, 2016

Current estimated payment $1,133 / mo

93 Days on Market

Highlights

  • Balcony
  • Detached Garage
  • Storage Room

About This Home

As of April 2016

IT IS ALL ABOUT LOCATION - CHEROKEE STATION! Don't Miss This Turn Key Fully Leased 4-Family Steps Away From All The Action Of Cherokee Row Business District! Units Rent In About 5 Seconds Due To Inexpensive Rent & Desirable Area. Hundreds Of Small Businesses, Venues, And Restaurants Just Around The Corner. Each Unit Has Its Own Private Townhouse Style Entrances & Balcony Or Deck. There Is A Huge Garage In The Rear You Can Rent For Additional Income Currently Used By The Owner. Current Rents Are $445, $445, $435, & $435, Making Your Payment, Paying The Expenses, And Leaving Cash In Your Pocket. $15,775 IN NET INCOME PER YEAR. Great Friendly Tenants All Pay On Time. Tenants Also Pay Utilities & Provide & Maintain Their Own A/C Units. Forced Air Heating In All Units. 3 Of The 4 Units Have Been Updated To Modern Circuit Breaker Electric Panels. Listed at a SOLID 13.7% Cap rate. 2015 Property Taxes are only $367. Buyers May Purchase With 2 Other 4 Families As Package, Ask Agent For Details.

Last Agent to Sell the Property

Sara Blandino

Realty Exchange License #2012040985 Listed on: 11/22/2015

Realty Exchange

Last Buyer's Agent

Christy Andrews

Garcia Properties License #2007022939

Property Details

Home Type

  • Multi-Family

Year Built

  • 1915

Lot Details

  • 2,919 Sq Ft Lot
  • Lot Dimensions are 39' x117'

Interior Spaces

  • Storage Room
  • Laundry in unit
  • Basement

Parking

  • Detached Garage
  • On-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

2,919 Sq Ft Lot

Listing Details

  • Cross Street: CHEROKEE STREET
  • Municipality Township: St. Louis City
  • Age: 97
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Misc Features: Balcony, Basement, Laundry Facl-Private, Storage Room Avail

Exterior Features

  • Exterior Features: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1-2 Car Detached Grg, On Street Parking

Utilities

  • Cooling: 3 Plus Window/Wall
  • Heating: Forced Air, Individual Furnaces
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 39' X117'
  • Lot Sq Ft: 2919

Rental Info

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

Multi Family

  • Gross Operating Income: 21120.00
  • Units: 4
  • Total Expenses: 5345.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Bought by
Current Estimated Value
$204,667

Purchase Details

Listed on
Nov 22, 2015
Closed on
Apr 7, 2016
Sold by
Bought by
Seller's Agent
Sara Blandino
Realty Exchange
Buyer's Agent
Christy Andrews
Garcia Properties
List Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Jun 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
0.064%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
0.064%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
0.0597%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Listed On Document
-- None Available
-- None Available
-- Pulaski Title Company
-- --
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
Previous Owner $72,000
Previous Owner $80,000
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
04/07/2016 04/07/16 Sold -- -- --
02/24/2016 02/24/16 Pending -- -- --
11/22/2015 11/22/15 For Sale $119,000 -- $42 / 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
2026 $550 $6,380 $1,330 $5,050
2025 $442 $6,380 $1,330 $5,050
2024 $421 $4,940 $1,330 $3,610
2023 $421 $4,940 $1,330 $3,610
2022 $395 $4,440 $1,330 $3,110
2021 $395 $4,440 $1,330 $3,110
2020 $384 $4,350 $1,330 $3,020
2019 $383 $4,350 $1,330 $3,020
2018 $388 $4,280 $1,330 $2,950
2017 $382 $4,280 $1,330 $2,950
2016 $403 $4,470 $1,330 $3,140
2015 $367 $4,470 $1,330 $3,140
2014 $366 $4,470 $1,330 $3,140
2013 -- $4,450 $1,330 $3,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS15064398

MARIS MLS

APN: 1565-00-0300-0

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