$130,000
SOLD NOV 8, 2024
Last list price

39 S Sprigg St Cape Girardeau, MO 63703

-- Bed
-- Bath
2,884 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

102 Days on Market

About This Home

As of November 2024

2 unit investment property. Currently vacant, previously rented on HUD anywhere between $750-$900 per unit. Property has always been an investment property and has a strong history of rental income and cash flowing. Has a detached garage that goes with the property. Alley access off the back for additional parking. Lots of potential here to modernize or possibly convert to small business, Airbnb, or keep as a rental. Priced at current June 2024 appraisal.

Last Agent to Sell the Property

Raelenna Ferguson

EPM Real Estate License #2004006885 Listed on: 06/28/2024

Last Buyer's Agent

Jacob Fish

Edge Realty License #2010013545

Edge Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $612

Year Built

  • Built in 1925

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60x180

Home Design

  • 2,884 Sq Ft Home
  • Brick Exterior Construction

Parking

  • Detached Garage
  • Off-Street Parking

Schools

  • Franklin Elem. Elementary School
  • Central Jr. High Middle School
  • Central High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Section 8 Allowed
  • Assessor Parcel Number 211060032005000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$612

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Directions: Sprigg Street Right across from CPSEMO (old police station)
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.23
  • Co List Office Phone: 3328100
  • Subdivision Name: n/a
  • Above Grade Finished Sq Ft: 2884
  • Age: 99
  • Total Expenses: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Disclosures: Lead Base Paint Addendum, Sellers Discl Not Av
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached Garage - 1-2 Car, Off Street, Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s), Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Franklin Elem.
  • Junior High Dist: Cape Girardeau 63
  • High School: Central High
  • Middle Or Junior School: Central Jr. High

Lot Info

  • Lot Dimensions: 60x180
  • Lot Size Sq Ft: 10019
  • Parcel Number: 211060032005000000

Rental Info

  • Tenant Pays: Other
  • Lease Term: Section 8
  • Sub Lease: 0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 612
  • Prop Asses Cty Tx: 1

Multi Family

  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Nov 8, 2024
Sold by
Walter J Wright Revocable Trust and Nesslein Jody
Bought by
Cape Property Renewal Group Llc
Seller's Agent
Raelenna Ferguson
EPM Real Estate
Buyer's Agent
Jacob Fish
Edge Realty
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Total Days on Market
102
Views
46
Current Estimated Value
$113,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,879
Avg. Annual Appreciation
6.16%
Original Mortgage
$77,000
Outstanding Balance
$76,619
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
Estimated Equity
$37,260
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $77,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold -- -- --
10/08/2024 10/08/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $130,000 0.0% $45 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $130,000 +8.3% $45 / Sq Ft
06/28/2024 06/28/24 For Sale $120,000 -- $42 / 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
2024 $6 $11,780 $900 $10,880
2023 $612 $11,780 $900 $10,880
2022 $565 $10,860 $830 $10,030
2021 $565 $10,860 $830 $10,030
2020 $566 $10,860 $830 $10,030
2019 $565 $10,860 $0 $0
2018 $564 $10,860 $0 $0
2017 $566 $10,860 $0 $0
2016 $563 $10,860 $0 $0
2015 $564 $10,860 $0 $0
2014 $567 $10,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24035486

MARIS MLS

APN: 21-106-00-32-00500-0000