NOT LISTED FOR SALE

Estimated Value: $249,000 - $283,000

-- Bed
4 Baths
3,808 Sq Ft
$71/Sq Ft Est. Value

Last Sold August 28, 2024

Current estimated payment $1,586/month

92 Days on Market

Highlights

  • 0.25 Acre Lot
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of August 2024

Completely Occupied 4 family flat in south city with long term tenants (10-20 YEARS). Each apartment has 4 large rooms plus enclosed rear porches, and hardwood floors throughout. Lots of upside potential as both 2nd floor units are true 2 bedrooms plus inclosed porches. Both 1st floor apartments can be used as walk thru 2 bedroom units. Large lot with off street parking in the rear. Perfect for owner occupant, investor, or can be upgraded for usage as an Air BNB. Great Location surounded mostly by single family homes in the 3900 block of Bates. Walking distance to Cerondalet Park. BROKER/OWNER. TWO UNITS ARE CURRENTLY ON 1 YEAR LEASES AND TWO UNITS ARE MONTH-TO-MONTH. THE SELLER WILL PROVIDE A 1 YEAR ULTIMATE CHOICE HOMEOWNERS WARRANY AND OFFER A $1,800 CREDIT TOWARDS THE BUYER'S CLOSING COST AND PREPAID EXPENSES.

Last Agent to Sell the Property

Byron Martin

Byron Martin Real Estate Co. License #1999008967 Listed on: 05/03/2024

Last Buyer's Agent

Antione Lawrence

Ascend Real Estate Advisors License #2014017363

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1934

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 44x244

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,808 Sq Ft Home
  • Ceiling Fan

Parking

  • Additional Parking
  • Open Parking
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Net Operating Income $19,663

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 6100-00-0180-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,945

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: South Grand
  • Year Built: 1934
  • Directions: South Grand to west on Bates or use your GPS for alternate directions
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.25
  • Co List Office Phone: 3670689
  • Subdivision Name: Franklin Add
  • Above Grade Finished Sq Ft: 3808
  • Age: 90
  • Total Expenses: 8237.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Storm Window(s), Some Window Treatment(s)

Exterior Features

  • Disclosures: Unknown, City, Code Compliance Reqd, Occupancy Perm Req, Sellers Discl. Avail
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Off Street, Open
  • Driveway: Concrete,Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s), Ceiling Fan(s)
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Schools

  • Elementary School: Woerner Elem.
  • Junior High Dist: St. Louis City
  • High School: Roosevelt High
  • Middle Or Junior School: Long Middle Community Ed. Center

Lot Info

  • Lot Dimensions: 44X244
  • Lot Size Sq Ft: 10890
  • Parcel Number: 6100-00-0180-0

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Leases,Month To Month
  • Sub Lease: 0

Tax Info

  • Tax Year: 23
  • Tax Annual Amount: 1945
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 19663
  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Aug 27, 2024
Sold by
Ba Martin Properties No 3 Llc
Bought by
Jones Darnell
Seller's Agent
Byron Martin
Byron Martin Real Estate Co.
Buyer's Agent
Antione Lawrence
Ascend Real Estate Advisors
List Price
$325,000
Views
49
Current Estimated Value
$269,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.21%
Original Mortgage
$278,910
Outstanding Balance
$275,949
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
-$6,616

Purchase Details

Closed on
Oct 20, 2005
Sold by
Martin Bryon and Martin Angelia
Bought by
B A Martin Properties Llc 3

Purchase Details

Closed on
Mar 29, 2005
Sold by
Ba Martin Properties #3 Llc
Bought by
Martin Byron and Martin Angelia

Purchase Details

Closed on
Jun 3, 2003
Sold by
Martin Byron and Martin Angelia
Bought by
Ba Martin Properties #3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2000
Sold by
Mayer Mark S
Bought by
Martin Byron and Martin Angelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1999
Sold by
Eighteen Investments Inc
Bought by
Mayer Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1999
Sold by
The Bank Of New York
Bought by
Spinoza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1999
Sold by
Lenhardt Elizabeth J
Bought by
The Bank Of New York and Amresco Residential Securities Corp Mtg
Source: Public Records

Range of Values:

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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
Jones Darnell -- Title Resource Agency
Jones Darnell -- Title Resource Agency
B A Martin Properties Llc 3 -- --
Martin Byron -- Archway Title Agency Inc
Ba Martin Properties #3 Llc -- --
Martin Byron -- --
Martin Byron -- --
Mayer Mark S -- --
Eighteen Investments Inc -- --
Spinoza Llc -- --
The Bank Of New York $49,898 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Darnell $278,910
Closed Jones Darnell $278,910
Previous Owner Martin Byron $121,500
Previous Owner Martin Byron $69,300
Previous Owner Eighteen Investments Inc $40,000
Previous Owner Mayer Mark S $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold -- -- --
08/03/2024 08/03/24 Pending -- -- --
07/14/2024 07/14/24 Price Changed $268,900 0.0% $71 / Sq Ft
07/12/2024 07/12/24 Price Changed $269,000 -3.6% $71 / Sq Ft
06/24/2024 06/24/24 Price Changed $279,000 -3.5% $73 / Sq Ft
06/17/2024 06/17/24 Price Changed $289,000 -3.3% $76 / Sq Ft
06/11/2024 06/11/24 Price Changed $299,000 -8.0% $79 / Sq Ft
05/28/2024 05/28/24 For Sale $325,000 0.0% $85 / Sq Ft
05/05/2024 05/05/24 Off Market -- -- --
05/03/2024 05/03/24 For Sale $325,000 -- $85 / 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 $2,045 $30,820 $1,670 $29,150
2024 $1,945 $24,090 $1,670 $22,420
2023 $1,945 $24,090 $1,670 $22,420
2022 $1,821 $21,690 $1,670 $20,020
2021 $1,818 $21,690 $1,670 $20,020
2020 $1,655 $19,870 $1,670 $18,200
2019 $1,650 $19,870 $1,670 $18,200
2018 $1,427 $16,600 $1,670 $14,930
2017 $1,403 $16,610 $1,670 $14,930
2016 $1,452 $16,990 $1,670 $15,310
2015 $1,318 $16,980 $1,670 $15,310
2014 $1,305 $16,980 $1,670 $15,310
2013 -- $16,830 $1,670 $15,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24022310

MARIS MLS

APN: 6100-00-0180-0