NOT LISTED FOR SALE

Estimated Value: $360,000 - $425,000

-- Bed
4 Baths
3,888 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 19, 2021

Current estimated payment $2,306/month

20 Days on Market

Highlights

  • Deck
  • Storage Room
  • Ceiling Fan
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of August 2021

Back on market. No fault of the Seller. Fantastic opportunity to own this very well maintained 4-Family building in Tower Grove South! Spacious units with hardwood floors, updated kitchens and baths, central air and newer vinyl windows. Full basement with laundry facilities and plenty of storage. Off street parking in rear of building. All tenants are currently on month to month leases. The market rents are much higher than the current actual rents, as they haven't been increased for a long time (market rents are $750+ per unit). Great location on a quiet street. Just a short walk from Tower Grove Park and all of the fun restaurants and bars on Grand and Morganford. Property can only be shown with an accepted contract. Please do not disturb tenants. Don't miss the chance to add this wonderful investment property to your portfolio!

Last Agent to Sell the Property

Tellee Warren

Keyrenter St. Louis West License #2015017403 Listed on: 06/11/2021

Last Buyer's Agent

Alicia Sierra

EXP Realty, LLC License #2007038794

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1908

Lot Details

  • 5,445 Sq Ft Lot
  • Fenced
  • Open Lot

Home Design

  • Quadruplex
  • Brick or Stone Mason

Interior Spaces

  • 3,888 Sq Ft Home
  • Ceiling Fan
  • Storage Room
  • Basement

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Mason Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 4186-00-0100-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,880

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 113
  • Ownership: Private
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Deck, Fencing, Laundry Facility in, Storage Room Avail
  • Square Footage: 3888

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street, On Street Parking, Open Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Ceiling Fan, Central-Electric
  • Heating: Forced Air, Individual Furnaces

Schools

  • Elementary School: Mason Elem.
  • Junior High School: Long Middle Community Ed. Center
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: Irregular
  • Lot Sq Ft: 5445
  • Acres: 0.1250

Rental Info

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

Multi Family

  • Gross Operating Income: 30600.00
  • Units: 4
  • Total Expenses: 7132.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2286
  • Assessor Parcel Number: 4186-00-0100-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 19, 2021
Sold by
Franklin Rick A and Franklin Jana M
Bought by
Spangler Logan
Seller's Agent
Tellee Warren
Keyrenter St. Louis West
Buyer's Agent
Alicia Sierra
EXP Realty, LLC
List Price
$309,900
Current Estimated Value
$394,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$314,498
Outstanding Balance
$285,545
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$108,458

Purchase Details

Closed on
Feb 2, 2001
Sold by
Walker Robert L
Bought by
Franklin Rick A and Franklin Jana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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
Spangler Logan $320,300 None Available
Franklin Rick A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spangler Logan $314,498
Previous Owner Franklin Rick A $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold -- -- --
07/02/2021 07/02/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $309,900 0.0% $80 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $309,900 -- $80 / 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 $2,880 $39,250 $1,440 $37,810
2024 $2,749 $31,930 $1,440 $30,490
2023 $2,749 $31,930 $1,440 $30,490
2022 $2,504 $27,950 $1,440 $26,510
2021 $2,501 $27,950 $1,440 $26,510
2020 $2,286 $25,540 $1,440 $24,100
2019 $2,279 $25,530 $1,440 $24,090
2018 $2,286 $24,860 $2,530 $22,330
2017 $2,250 $24,850 $2,530 $22,330
2016 $1,786 $19,210 $2,530 $16,680
2015 $1,634 $19,210 $2,530 $16,680
2014 $1,552 $19,210 $2,530 $16,680
2013 -- $18,240 $2,530 $15,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21040838

MARIS MLS

APN: 4186-00-0100-0