NOT LISTED FOR SALE

Estimated Value: $215,000 - $386,330

Studio
4 Baths
3,128 Sq Ft
$96/Sq Ft Est. Value

Last Sold February 24, 2023

Current estimated payment $1,740/month

1 Day on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • High Speed Internet
  • Balcony
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

As of February 2023

100% occupancy and turn-key! Extremely well maintained and incredibly clean 4 family in The Wedge of Tower Grove South. Newer windows, newer roof, and all units have newer HVACs. All tenants are on lease and rents currently generate $2,925/month. This is a set it and forget it investment! Each unit has a wood balcony off the back, recently built. 1 bedroom, 1 bathroom units with separate dining room. True 1 beds! No pass-throughs here. Fully fenced backyard with 4 car parking pad. No showings without an accepted contract.

Last Agent to Sell the Property

Joseph Hostman

RE/MAX Results License #2015004865 Listed on: 01/19/2023

RE/MAX Results

Last Buyer's Agent

Sabih Javed

Worth Clark Realty License #2019035220

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 5,924 Sq Ft Lot
  • Lot Dimensions are 44x125
  • Fenced

Home Design

  • 3,128 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Parking

  • Additional Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • Oak Hill Elem. Elementary School
  • Fanning Middle Community Ed.
  • Roosevelt High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 1604-05-0092-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1940 | Remodeled

Lot Details

5,924 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Special Description: Renovated
  • Age: 83
  • Ownership: Private
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Balcony, Basement, Deck, Fencing, High Spd Connection
  • Square Footage: 3128

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

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

Lot Info

  • Lot Dimensions: 44x125
  • Lot Sq Ft: 5924
  • Acres: 0.1360

Rental Info

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

Multi Family

  • Gross Operating Income: 35100.00
  • Units: 4
  • Total Expenses: 10600.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1624
  • Assessor Parcel Number: 1604-05-0092-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 24, 2023
Sold by
Adrian Patriciu Martin Trust
Bought by
Munshi Junaid and Majeed Samera
Seller's Agent
Joseph Hostman
RE/MAX Results
Buyer's Agent
Sabih Javed
Worth Clark Realty
List Price
$329,900
Views
18
Current Estimated Value
$301,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.18%
Original Mortgage
$249,750
Outstanding Balance
$220,547
Interest Rate
5.28%
Mortgage Type
New Conventional
Estimated Equity
$81,036

Purchase Details

Listed on
Apr 11, 2022
Closed on
Apr 8, 2022
Sold by
Mori Development Group Llc
Bought by
Adrian Patriciu Martin Trust
Seller's Agent
Joseph Hostman
RE/MAX Results
Buyer's Agent
Joseph Hostman
RE/MAX Results

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.22%
Original Mortgage
$217,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2022
Sold by
Michael Mori
Bought by
Mori Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$903,700
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 14, 2021
Sold by
Ronald E Freilich Dpm Llc
Bought by
Mori Michael and Mori James
Seller's Agent
Constantine Benos
Realty Exchange
Buyer's Agent
Joseph Hostman
RE/MAX Results
List Price
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
Mar 30, 2020
Sold by
Streamline Investments Llc
Bought by
Ronald E Freilich Dpm Llc

Purchase Details

Closed on
Mar 27, 2020
Sold by
Brocksmith Properties Llc
Bought by
Streamline Investments Llc

Purchase Details

Closed on
Mar 24, 2020
Sold by
Streamline Investments Llc
Bought by
Ronald E Frelich Dpm Llc

Purchase Details

Closed on
May 13, 2002
Sold by
Brocksmith Donald J and Brocksmith Lesa L
Bought by
Brocksmith Properties Llc

Purchase Details

Closed on
May 25, 1999
Sold by
Byrns Robert T and Byrns Lauri
Bought by
Brocksmith Donald J and Brocksmith Lesa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 1998
Sold by
Idelle Hirsch
Bought by
Byrns Robert T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Munshi Junaid -- --
Adrian Patriciu Martin Trust -- Investors Title
Mori Development Group Llc -- Investors Title
Mori Michael $230,000 Investors Title Company
Ronald E Freilich Dpm Llc -- Investors Title
Streamline Investments Llc -- Investors Title
Ronald E Frelich Dpm Llc $92,000 Investors Title Company
Ronald E Freilich Dpm Llc -- Investors Title
Streamline Investments Llc $50,000 Investors Title Company
Streamline Investments Llc -- Investors Title
Brocksmith Properties Llc -- --
Brocksmith Donald J -- --
Byrns Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munshi Junaid $249,750
Previous Owner Adrian Patriciu Martin Trust $217,500
Previous Owner Mori Development Group Llc $903,700
Previous Owner Brocksmith Donald J $61,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold -- -- --
01/21/2023 01/21/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $329,900 +43.7% $105 / Sq Ft
04/12/2022 04/12/22 Sold -- -- -- View Prior Sale
04/11/2022 04/11/22 Pending -- -- --
05/21/2021 05/21/21 Sold -- -- -- View Prior Sale
05/21/2021 05/21/21 Pending -- -- --
04/30/2021 04/30/21 Price Changed $229,500 +4.8% $73 / Sq Ft
04/29/2021 04/29/21 For Sale $219,000 -- $70 / Sq Ft
Source: MARIS MLS

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 $1,839 $33,270 $1,670 $31,600
2024 $1,750 $21,630 $1,670 $19,960
2023 $1,750 $21,630 $1,670 $19,960
2022 $1,627 $19,340 $1,670 $17,670
2021 $1,624 $19,340 $1,670 $17,670
2020 $1,517 $18,180 $1,670 $16,510
2019 $1,512 $18,180 $1,670 $16,510
2018 $1,324 $15,390 $1,670 $13,720
2017 $1,302 $15,390 $1,670 $13,720
2016 $1,074 $12,480 $1,670 $10,810
2015 $975 $12,480 $1,670 $10,810
2014 $966 $12,480 $1,670 $10,810
2013 -- $12,370 $1,670 $10,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23002530

MARIS MLS

APN: 1604-05-0092-0

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