NOT LISTED FOR SALE

Estimated Value: $172,000 - $290,000

-- Bed
4 Baths
3,128 Sq Ft
$72/Sq Ft Est. Value

Last Sold September 04, 2015

Current estimated payment $1,410/month

About This Home

As of September 2015

Fully occupied 4-family building 1 block off S. Grand. Tenants are not aware of the sale, please do not disturb. Four 1-bedroom apartments with rents ranging from $410/mo. to $450/mo. with some room to go up, this property can be a real cash cow for someone's portfolio. Professionally managed, lots of recent updates to the systems. Garage in yard needs work but could become additional income stream renting to either tenants or someone looking for some storage space. Each unit features hardwood flooring, large living rooms, dining area off the kitchens and original tiled bathrooms. Large bedrooms all have an attached sunporch. Stoves and fridges included in sale.
This property is being sold as-is, seller to offer no warranties and make no repairs. Please do not disturb tenants, units will be shown only with accepted contract.

Last Agent to Sell the Property

Adam Kustra

Christopher Long, Broker License #2017042286 Listed on: 06/30/2015

Last Buyer's Agent

Constantine Benos

Realty Exchange License #1999111555

Realty Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,172

Year Built

  • 1938

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 47 x 123
  • Partially Fenced Property

Parking

  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,172

Year Built

1938

Lot Details

0

Listing Details

  • Cross Street: S. Grand Blvd.
  • Municipality Township: St. Louis City
  • Age: 74
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Misc Features: Basement, Fencing, Partial Fencing

Exterior Features

  • Exterior Features: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 47 x 123
  • Lot Sq Ft: 5401

Rental Info

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

Multi Family

  • Gross Operating Income: 21120.00
  • Units: 4
  • Total Expenses: 5600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Sep 4, 2015
Sold by
Ttg Properties 3 Llc
Bought by
Tran Cuong Q
Seller's Agent
Adam Kustra
Christopher Long, Broker
Buyer's Agent
Constantine Benos
Realty Exchange
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%
Current Estimated Value
$223,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,667
Avg. Annual Appreciation
12.54%
Original Mortgage
$52,500
Outstanding Balance
$21,960
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$201,707

Purchase Details

Closed on
Aug 21, 2013
Sold by
Ttg Properties 2 Llc
Bought by
Ttg Properties 3 Llc

Purchase Details

Closed on
Mar 29, 2013
Sold by
Golovatskiy Mikhail and Golovatskaya Tatyana
Bought by
Ttg Properties 2 Llc

Purchase Details

Closed on
Jun 14, 2007
Sold by
City Rentals Llc
Bought by
Golovatskiy Mikhail and Golovatskiy Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
9.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Piles Dennis and Piles Molly
Bought by
City Rentals Llc

Purchase Details

Closed on
Aug 27, 1998
Sold by
Hirsch Idelle S
Bought by
Piles Dennis B and Piles Molly P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Tran Cuong Q -- Title Partners Agency Llc
Ttg Properties 3 Llc -- None Available
Ttg Properties 2 Llc -- Benchmark Title Llc
Golovatskiy Mikhail -- Nations Title Agency Mo Inc
City Rentals Llc -- --
Piles Dennis B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Cuong Q $52,500
Previous Owner Golovatskiy Mikhail $128,250
Previous Owner Piles Dennis B $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold -- -- --
07/24/2015 07/24/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $89,900 -- $29 / 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 $2,172 $33,940 $1,810 $32,130
2024 $2,066 $25,610 $1,810 $23,800
2023 $2,066 $25,610 $1,810 $23,800
2022 $1,918 $22,870 $1,810 $21,060
2021 $1,916 $22,870 $1,810 $21,060
2020 $1,788 $21,490 $1,810 $19,680
2019 $1,782 $21,490 $1,810 $19,680
2018 $1,555 $18,130 $1,810 $16,320
2017 $1,528 $18,130 $1,810 $16,320
2016 $824 $9,500 $1,810 $7,700
2015 $749 $9,510 $1,810 $7,700
2014 $749 $9,510 $1,810 $7,700
2013 -- $9,500 $1,810 $7,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS15037630

MARIS MLS

APN: 1604-05-0015-0