NOT LISTED FOR SALE

Estimated Value: $195,000 - $223,000

-- Bed
4 Baths
3,328 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 18, 2016

Current estimated payment $1,307/month

43 Days on Market

About This Home

As of August 2016

Income drawing property conveniently located in highly redeveloping area! Spacious 4-family building on clean and peaceful block just west of S. Grand in South City. This phenomenal centrally located property is within walking distance to grocery stores, restaurants, entertainment, metro transportation lines, and more! All four of the 1BR/1bath units boast hardwood floors, a sun room, a sizable kitchen and dining room. Washer/dryer hookups in the basement and additional storage available in the detached garage. Currently leased with stable tenants, do not miss this opportunity to own a low-maintenance, low-hassle rental property in a highly sought after area! One vacant unit. To read more about the development plans in store for the area, visit the website www.TowergroveCDC.org

Last Agent to Sell the Property

Michelle Jones

Dielmann Sotheby's International Realty License #2014020387 Listed on: 06/15/2016

Dielmann Sotheby's International Realty

Last Buyer's Agent

Alaa Hussain

REALTY USA License #2012015068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,938

Year Built

  • 1925

Lot Details

  • 4,225 Sq Ft Lot
  • Lot Dimensions are 37.5 x 122

Parking

  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,938

Year Built

1925

Lot Details

0

Listing Details

  • Cross Street: S Spring
  • Municipality Township: St. Louis City
  • Age: 89
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Misc Features: Basement, Laundry Facility in

Exterior Features

  • Exterior Features: Aluminum Siding, 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: 37.5 x 122
  • Lot Sq Ft: 4225

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 19500.00
  • Units: 4
  • Total Expenses: 4656.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 18, 2016
Sold by
Ottolini James M and Ottolini Erika M
Bought by
Win Teza and Htay Khin Thuza
Seller's Agent
Michelle Jones
Dielmann Sotheby's International Realty
Buyer's Agent
Alaa Hussain
REALTY USA
List Price
$115,000
Current Estimated Value
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Aug 31, 2004
Sold by
Bauer Francis R and Bauer Cindy A
Bought by
Ottolini James M and Ottolini Erika M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,080
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2002
Sold by
Woods Nathan and Woods Pearlimus
Bought by
Bauer Francis P and Bauer Cindy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1997
Sold by
Martin John A and Martin Janet E
Bought by
Woods Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.6%
Mortgage Type
Seller Take Back
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
Win Teza -- None Available
Ottolini James M -- U S Title
Bauer Francis P -- --
Woods Nathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ottolini James M $98,080
Previous Owner Bauer Francis P $91,800
Previous Owner Woods Nathan $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2016 08/18/16 Sold -- -- --
07/29/2016 07/29/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $115,000 -- $35 / 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 $1,938 $30,300 $1,430 $28,870
2024 $1,844 $22,820 $1,430 $21,390
2023 $1,844 $22,820 $1,430 $21,390
2022 $1,711 $20,360 $1,430 $18,930
2021 $1,709 $20,360 $1,430 $18,930
2020 $1,594 $19,120 $1,430 $17,690
2019 $1,627 $19,590 $1,430 $18,160
2018 $1,420 $16,540 $1,430 $15,110
2017 $1,396 $16,530 $1,430 $15,110
2016 $1,060 $12,310 $1,430 $10,890
2015 $962 $12,320 $1,430 $10,890
2014 $955 $12,320 $1,430 $10,890
2013 -- $12,220 $1,430 $10,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16027249

MARIS MLS

APN: 4181-00-0030-0