$115,000
SOLD NOV 27, 2018
Last list price
-- Bed
-- Bath
1,778 Sq Ft
6,447 Sq Ft Lot

Recently Sold

$65 Per Sq Ft

71 Days on Market

Highlights

  • Bonus Room
  • Storage Room
  • Ceiling Fan
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System

About This Home

As of November 2018

If you're looking for a modern, updated, turn-key investment property or a move-in-ready owner-occupant two-family flat, you just found the only one in St. Louis. This unique, art-deco building has modern features like granite countertops, tile in the kitchen and baths, and super-cool Ikea cabinets in the bathrooms. These super-cool, smartly-laid-out units will rent for $700 a month because discerning renters are tired of looking at smelly, run-down, outdated apartments with drafty windows and window AC units. They walk into this one and say, 'WOW! This is the nicest apartment we've seen!" Phillips is a quiet street tucked into the southern end of Tower Grove South, convenient to all the bars, restaurants and other coolness of South Grand. This building has updated electric, plumbing, windows and a newer roof. It also comes with a multi-family home warranty, so you have no worries. Grab this great South Saint Louis two-family before the out-of-town investors do!

Last Agent to Sell the Property

Jeff Steinmann

Worth Clark Realty License #2016000522 Listed on: 08/24/2018

Worth Clark Realty

Last Buyer's Agent

Rosalyn Luna

Keller Williams Realty St. Louis License #2015030894

Keller Williams Realty St. Louis

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,632

Year Built

  • 1941

Lot Details

  • 6,447 Sq Ft Lot
  • Lot Dimensions are 30x135

Parking

  • Additional Parking

Home Design

  • Duplex
  • Brick or Stone Mason

Interior Spaces

  • 1,778 Sq Ft Home
  • Ceiling Fan
  • Bonus Room
  • Storage Room
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Cooling System Powered By Gas
  • 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

Est. Annual Taxes

$1,632

Year Built

1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Grand
  • Municipality Township: St. Louis City
  • Age: 77
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Misc Features: Basement, Bonus Room, Storage Room Avail
  • Square Footage: 1778

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Additional Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Ceiling Fan, Central-Electric, Central-Gas, Individual Units
  • 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 Dimensions: 30X135
  • Lot Sq Ft: 6447
  • Acres: 0.1480

Rental Info

  • Tenancy Type: 1 or More Vacant, No Lease
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 16800.00
  • Units: 2
  • Total Expenses: 2971.50
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 1058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Nov 27, 2018
Sold by
Transform Stl Homes Llc
Bought by
Bryan Taron J
Seller's Agent
Jeff Steinmann
Worth Clark Realty
Buyer's Agent
Rosalyn Luna
Keller Williams Realty St. Louis
List Price
$115,000
Sold Price
$118,550
Premium/Discount to List
$3,550
3.09%
Current Estimated Value
$164,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,279
Avg. Annual Appreciation
6.05%
Original Mortgage
$112,622
Outstanding Balance
$99,608
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$75,509

Purchase Details

Listed on
Oct 18, 2017
Closed on
Dec 6, 2017
Sold by
City Sons Llc
Bought by
Transform Stl Homes Llc
Seller's Agent
John Grass
McAvoy Realty
Buyer's Agent
Jeff Steinmann
Worth Clark Realty
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.35%

Purchase Details

Closed on
Sep 19, 2017
Sold by
White Darnell J
Bought by
City Sons Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $118,550 Continental Title
Warranty Deed -- Continental Title
Trustee Deed $33,300 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,622 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold -- -- --
11/03/2018 11/03/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $115,000 0.0% $65 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
09/28/2018 09/28/18 Price Changed $115,000 -11.5% $65 / Sq Ft
09/11/2018 09/11/18 For Sale $129,900 0.0% $73 / Sq Ft
08/24/2018 08/24/18 Off Market -- -- --
08/24/2018 08/24/18 For Sale $129,900 +99.8% $73 / Sq Ft
12/06/2017 12/06/17 Sold -- -- --
10/30/2017 10/30/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $65,000 -- $37 / 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 $1,632 $25,520 $970 $24,550
2024 $1,553 $19,160 $970 $18,190
2023 $1,553 $19,160 $970 $18,190
2022 $1,416 $16,790 $970 $15,820
2021 $1,508 $17,930 $970 $16,960
2020 $1,152 $13,720 $970 $12,750
2019 $1,148 $13,720 $970 $12,750
2018 $1,076 $12,450 $970 $11,480
2017 $1,058 $12,450 $970 $11,480
2016 $1,092 $12,690 $970 $11,720
2015 $991 $12,690 $970 $11,720
2014 $998 $12,690 $970 $11,720
2013 -- $12,790 $970 $11,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18053458

MARIS MLS

APN: 1604-05-0075-0