NOT LISTED FOR SALE

Estimated Value: $119,000 - $279,000

-- Bed
4 Baths
2,670 Sq Ft
$82/Sq Ft Est. Value

Last Sold February 13, 2020

Current estimated payment $1,297/month

28 Days on Market

Highlights

  • Brick or Stone Mason
  • Laundry Facilities
  • 4-minute walk to Gravois Park
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

An amazing Four Family, Cash Flowing, Money Making Investment Property in the City of Saint Louis. This building was built in the 1960's and has been updated and well maintained. The building has original hard wood floors throughout, new thermal insulated windows, two new furnaces and two new HVAC system installed. Investors, there is room to increase rent. The building has off street parking, washer and dryer hook ups for each unit. Add this investment to your Real Estate Portfolio and watch your money PILE UP.

Last Agent to Sell the Property

Andrea Finner

Realty Exchange License #2019014523 Listed on: 01/07/2020

Realty Exchange

Last Buyer's Agent

Chris Roeseler

MORE, REALTORS License #2008025742

MORE, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 1960

Lot Details

  • 5,053 Sq Ft Lot

Home Design

  • 2,670 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Parking

  • Additional Parking
  • Off-Street Parking

Schools

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

Utilities

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 1611-00-0055-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,485

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 60
  • Ownership: Private
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Laundry Facility in
  • Square Footage: 2670

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Additional Parking, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 40FT 4IN X 125FT
  • Lot Sq Ft: 5053
  • Acres: 0.1160

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 27000.00
  • Units: 4
  • Total Expenses: 3743.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1242
  • Assessor Parcel Number: 1611-00-0055-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Newland Christopher
Bought by
Sweet Rocky Properties Llc
Current Estimated Value
$214,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$68,514
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Estimated Equity
$149,821

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 13, 2020
Sold by
Quitmeyer Diane L
Bought by
Newland Christopher
Seller's Agent
Andrea Finner
Realty Exchange
Buyer's Agent
Chris Roeseler
MORE, REALTORS
List Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$182,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Sep 18, 2003
Sold by
Sleet Kenneth D
Bought by
Quitmeyer Freddy Olin and Quitmeyer Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Sleet Kenneth D
Bought by
Sleet Kenneth D
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
Sweet Rocky Properties Llc -- None Listed On Document
Newland Christopher $182,000 Continental Title Company
Quitmeyer Freddy Olin -- --
Sleet Kenneth D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet Rocky Properties Llc $70,000
Previous Owner Newland Christopher $182,000
Previous Owner Quitmeyer Freddy Olin $136,000
Previous Owner Quitmeyer Freddy Olin $105,600
Closed Quitmeyer Freddy Olin $26,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold -- -- --
02/05/2020 02/05/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $200,000 -- $75 / 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 $1,485 $23,600 $1,920 $21,680
2024 $1,413 $17,400 $1,920 $15,480
2023 $1,413 $17,400 $1,920 $15,480
2022 $1,290 $15,270 $1,920 $13,350
2021 $1,288 $15,270 $1,920 $13,350
2020 $1,247 $14,880 $1,920 $12,960
2019 $1,242 $14,880 $1,920 $12,960
2018 $884 $10,170 $1,920 $8,250
2017 $870 $10,170 $1,920 $8,250
2016 $895 $10,340 $1,920 $8,420
2015 $813 $10,340 $1,920 $8,420
2014 $841 $10,340 $1,920 $8,420
2013 -- $10,720 $1,920 $8,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20000782

MARIS MLS

APN: 1611-00-0055-0