NOT LISTED FOR SALE

3725 Meramec St Saint Louis, MO 63116

Dutchtown Neighborhood

Estimated Value: $246,000 - $346,000

-- Bed
4 Baths
3,648 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 08, 2022

Current estimated payment $1,689/month

145 Days on Market

About This Home

As of November 2022

---100% occupied four-family in quiet pocket of South City's Dutchtown neighborhood. Below market rents offer significant value-add upside via rent stabilization to new owners. Vintage wood finishes including solid wood doors, cabinets, and original wood flooring in living areas. Walking distance to bus stops, banks, restaurants, drug/grocery stores, and local amenities. All units are separately metered with gas/electric paid by Tenants. Washer/Dryer located in basement. Each unit with a balcony and/or walkout patio and parking in alleyway and/or off-street.

---Property sold in conjunction with 3409 Osage Street (0.6 mi away). MLS ID: 22034425. Seller prefers to sell as portfolio. Financials reflect the portfolio (both properties combined). Units are 100% occupied and tours will be provided upon the acceptance of a contract. Please do not disturb Tenants.

---**REDUCED** PURCHASE PRICE FOR BOTH OSAGE & MERAMEC (8 UNITS) IS $459,900.00.

Last Agent to Sell the Property

John Sheahan

DESCO Residential License #1999030010 Listed on: 05/31/2022

DESCO Residential

Last Buyer's Agent

Sharonda Sutton

EXP Realty, LLC License #2021006096

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 1928

Lot Details

  • 3,528

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Schools

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

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 2638-00-450-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,849

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 94
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage Unknown: Yes

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Sewer: Public

Schools

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

Lot Info

  • Lot Dimensions: 4560

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 54960.00
  • Units: 1
  • Total Expenses: 21464.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 1628
  • Assessor Parcel Number: 2638-00-450-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2023
Sold by
Williams Lina and Williams John
Bought by
Lima Williams Llc
Current Estimated Value
$289,524

Purchase Details

Listed on
May 31, 2022
Closed on
Nov 8, 2022
Sold by
Schleiffarth Stephen
Bought by
Williams Lina and Williams John
Seller's Agent
John Sheahan
DESCO Residential
Buyer's Agent
Sharonda Sutton
EXP Realty, LLC
List Price
$247,500
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$169,687
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2019
Closed on
Jan 30, 2020
Sold by
Paugh Properties Llc
Bought by
Schleiffarth Stephen and Asdrus Dallin
Seller's Agent
Robert Smith
New Millennium Realty, Inc
Buyer's Agent
Casey Penrod
DRG - Delhougne Realty Group
List Price
$154,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Original Mortgage
$116,175
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2016
Sold by
Smith Robert B
Bought by
G Paugh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 6, 2014
Closed on
Jul 17, 2015
Sold by
Tran Phong Toan and Nguyen Hoa Thi
Bought by
Smith Robert B
Seller's Agent
Sarah Nguyen-Bani
RE/MAX Results
Buyer's Agent
Robert Smith
New Millennium Realty, Inc
List Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Vantran Khoi
Bought by
Tran Phong Toan and Nguyen Hoa Thi
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
Lima Williams Llc -- None Listed On Document
Williams Lina -- --
Schleiffarth Stephen $154,900 Select Title Group
G Paugh Properties Llc -- None Available
Smith Robert B -- Freedom Title
Tran Phong Toan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Lina $169,687
Previous Owner Schleiffarth Stephen $116,175
Previous Owner G Paugh Properties Llc $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2022 11/08/22 Sold -- -- --
10/24/2022 10/24/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $242,250 -6.8% $66 / Sq Ft
07/08/2022 07/08/22 Price Changed $260,000 -47.5% $71 / Sq Ft
06/16/2022 06/16/22 Price Changed $495,000 +100.0% $136 / Sq Ft
05/31/2022 05/31/22 For Sale $247,500 +59.8% $68 / Sq Ft
01/30/2020 01/30/20 Sold -- -- -- View Prior Sale
09/13/2019 09/13/19 For Sale $154,900 +93.9% $42 / Sq Ft
07/17/2015 07/17/15 Sold -- -- -- View Prior Sale
07/17/2015 07/17/15 For Sale $79,900 -- $22 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
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 $1,849 $28,960 $1,140 $27,820
2024 $1,759 $21,750 $1,140 $20,610
2023 $1,759 $21,750 $1,140 $20,610
2022 $1,630 $19,380 $1,140 $18,240
2021 $1,628 $19,380 $1,140 $18,240
2020 $1,517 $18,180 $1,140 $17,040
2019 $1,512 $18,180 $1,140 $17,040
2018 $1,322 $15,370 $1,140 $14,230
2017 $1,300 $15,370 $1,140 $14,230
2016 $990 $11,480 $1,140 $10,340
2015 $899 $11,480 $1,140 $10,340
2014 $849 $11,480 $1,140 $10,340
2013 -- $10,830 $1,140 $9,690
Source: Public Records

Agents Affiliated with this Home

  • John Sheahan

    Seller's Agent in 2022

    John Sheahan

    DESCO Residential

    (314) 994-4456

    2 in this area

    8 Total Sales

    John Sheahan
    Section Image

  • S

    Buyer's Agent in 2022

    Sharonda Sutton

    EXP Realty, LLC

    (314) 497-2831

    2 in this area

    26 Total Sales

    Sharonda Sutton
    Section Image
  • Robert Smith

    Seller's Agent in 2020

    Robert Smith

    New Millennium Realty, Inc

    (314) 267-5550

    2 in this area

    33 Total Sales

    Robert Smith
    Section Image

  • C

    Buyer's Agent in 2020

    Casey Penrod

    DRG - Delhougne Realty Group

    Section Image
  • Sarah Nguyen-Bani

    Seller's Agent in 2015

    Sarah Nguyen-Bani

    RE/MAX

    (314) 704-4282

    44 in this area

    458 Total Sales

    Sarah Nguyen-Bani
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS22034430

MARIS MLS

APN: 2638-00-0450-0

Missouri St. Louis City County Saint Louis 63116 Dutchtown

3725 Meramec St, Saint Louis, MO

This home is located at 3725 Meramec St, Saint Louis, MO 63116 since 31 May 2022 and is currently estimated at $289,524, approximately $79 per square foot. This property was built in 1928. 3725 Meramec St is a home located in St. Louis City with nearby schools including Meramec Elementary School, Roosevelt High School, and Confluence Academy - South City.

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