NOT LISTED FOR SALE

Estimated Value: $179,000 - $244,000

-- Bed
2 Baths
2,350 Sq Ft
$88/Sq Ft Est. Value

Last Sold June 06, 2017

Current estimated payment $1,164/month

3 Days on Market

About This Home

As of June 2017

Property is in need of a rehab (both units vacant). Original wood flooring and historic millwork throughout. Lots of historic charm with the original entry doors, interior doors, pocket doors, fireplace grates/mantels, etc.

Needs new systems, new kitchens, bath updates, some drywall/plaster work. Original flooring will look amazing once the cheap laminate is pulled up (put down with no adhesive!) We are happy to pass on a bid for a 10 year warranty silicone roof job at under 4k and roof level masonry work at under 1.5k (parapet walls, chimneys, etc).

Property is eligible for both state and federal historic tax credits.

Willing to consider rent to own / owner financing options, and even offers requesting that some work be completed, but strongest offer will be cash offer, sold "as is", with quick (2-3 week) closing.

Last Agent to Sell the Property

Warren Popp

Heritage Properties Realty LLC License #2016015554 Listed on: 05/21/2017

Last Buyer's Agent

Michael Abney

Inspire Realty License #2019010636

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $534

Year Built

  • 1901

Lot Details

  • 3,093 Sq Ft Lot
  • Lot Dimensions are 25x124.5
  • Partially Fenced Property

Parking

  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$534

Year Built

1901

Lot Details

0

Listing Details

  • Cross Street: Potomac
  • Municipality Township: St. Louis City
  • Age: 115
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1901

Interior Features

  • Misc Features: Deck, Partial Fencing

Exterior Features

  • Exterior Features: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

  • Heating: Forced Air
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Dimensions: 25x124.5
  • Lot Sq Ft: 3093

Rental Info

  • Tenancy Type: 1 or More Vacant

Multi Family

  • Gross Operating Income: 15600.00
  • Units: 2
  • Total Expenses: 5500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2018
Sold by
Servius Stl Llc
Bought by
Renewal Development Llc
Current Estimated Value
$207,000

Purchase Details

Listed on
May 21, 2017
Closed on
Apr 28, 2017
Sold by
Real Estate Investor Wholesale Llc
Bought by
Heritage Properties Stl Llc
Seller's Agent
Warren Popp
Heritage Properties Realty LLC
Buyer's Agent
Michael Abney
Inspire Realty
List Price
$39,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.01%

Purchase Details

Listed on
May 21, 2017
Closed on
Apr 13, 2017
Sold by
Loansum Llc
Bought by
Real Estate Investor Wholsale Llc
Seller's Agent
Warren Popp
Heritage Properties Realty LLC
Buyer's Agent
Michael Abney
Inspire Realty
List Price
$39,000

Purchase Details

Closed on
Apr 4, 2017
Sold by
Investmentlinc Llc
Bought by
Loansum Llc

Purchase Details

Listed on
Jul 21, 2014
Closed on
Sep 11, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Investmentlinc Llc
Seller's Agent
Mark Ottinger
Alexander Realty Inc
Buyer's Agent
Jeffrey Davis
Alexander Realty Inc
List Price
$24,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.86%
Original Mortgage
$12,000
Interest Rate
4.18%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 13, 2004
Sold by
Bisch James P
Bought by
Gregory Claude H and Gregory Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
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
Renewal Development Llc -- None Available
Heritage Properties Stl Llc $18,500 None Available
Real Estate Investor Wholsale Llc -- None Available
Loansum Llc -- None Available
Investmentlinc Llc $20,500 None Available
Gregory Claude H -- U S Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renewal Development Llc $197,011
Previous Owner Investmentlinc Llc $12,000
Previous Owner Gregory Claude H $99,200
Previous Owner Gregory Claude H $71,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold -- -- --
05/25/2017 05/25/17 Pending -- -- --
05/21/2017 05/21/17 For Sale $39,000 +56.6% $17 / Sq Ft
09/12/2014 09/12/14 Sold -- -- --
09/12/2014 09/12/14 For Sale $24,900 -- $11 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
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 $534 $26,830 $860 $25,970
2024 $509 $6,040 $860 $5,180
2023 $509 $6,040 $860 $5,180
2022 $469 $5,330 $860 $4,470
2021 $367 $4,110 $860 $3,250
2020 $356 $4,010 $860 $3,150
2019 $355 $4,010 $860 $3,150
2018 $362 $3,980 $860 $3,120
2017 $357 $3,970 $860 $3,120
2016 $361 $3,970 $860 $3,120
2015 $329 $3,980 $860 $3,120
2014 $321 $3,980 $860 $3,120
2013 -- $3,860 $860 $3,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17041619

MARIS MLS

APN: 1574-00-0090-0