NOT LISTED FOR SALE

3940 Miami St Saint Louis, MO 63116

Tower Grove South Neighborhood

Estimated Value: $276,000 - $467,000

Studio
4 Baths
3,128 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2022

Current estimated payment $2,241 / mo

5 Days on Market

Highlights

  • Detached Garage
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

This quality 4-family is located in Tower Grove South; a stone's throw from Farmer's Markets & kickball in Tower Grove Park, all the restaurants in the South Grand District and right around the corner from a recently built supermarket. This property has several stand-out attributes: first, there have been EXTENSIVE capital improvements which include a new ROOF in 2018, significant spot tuckpointing on all sides and new insulation in the attic. The 2W unit was being used as an Air Bnb averaging $1200-$1500/month in profit. Additionally, the 2E unit has had significant renovation (see more details in supplements). Each unit has a second potential sleeping space/office as well. Rents are $875/1E, $720/1W, $900/2E and 2W if not Air Bnb could reasonably get $900+ monthly. Top that off with a 2 car garage and 2 car parking pad. This property would be excellent for an owner occupant who wants their mortgage more than paid for or for the smart investor who wants to turn a nice profit.

Last Agent to Sell the Property

Jeannie M. Caro

Garcia Properties License #2015039902 Listed on: 07/19/2022

Co-Listed By

Todd Shasserre

Garcia Properties License #2021046932

Last Buyer's Agent

Crystal Hauge

Circa Properties License #2017010298

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45 x 120

Home Design

  • 3,128 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Parking

  • Detached Garage
  • Additional Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas
  • Section 8 Allowed
  • Assessor Parcel Number 4120-00-0050-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1924 | Remodeled

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Roger Pl
  • Municipality Township: St. Louis City
  • Special Description: Owner Occupied, Renovated
  • Age: 98
  • Ownership: Private
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 3128

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1-2 Car Detached Grg, Additional Parking, Covered, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 45 X 120
  • Lot Number: 32
  • Lot Sq Ft: 5227
  • Acres: 0.1200

Rental Info

  • Tenancy Type: Leases, Owner Occupied, Section 8
  • Tenant Pays: Electric, Gas

Multi Family

  • Units: 4
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2950
  • Assessor Parcel Number: 4120-00-0050-0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Sep 13, 2022
Sold by
Kuntz Amy L
Bought by
Seller's Agent
Jeannie M. Caro
Garcia Properties
Buyer's Agent
Crystal Hauge
Circa Properties
List Price
$315,000
Current Estimated Value
$346,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.80%
Original Mortgage
$350,020
Outstanding Balance
$330,100
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$16,233

Purchase Details

Listed on
Oct 3, 2017
Closed on
Nov 14, 2017
Sold by
Binaei David A
Bought by
Kuntz Amy L
Seller's Agent
Jenifer Garcia
Garcia Properties
Buyer's Agent
Jeannie M. Caro
Garcia Properties
List Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$176,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2017
Closed on
Nov 13, 2017
Sold by
Binaei Patricia Malineali Galindo
Bought by
Binaei David A
Seller's Agent
Jenifer Garcia
Garcia Properties
Buyer's Agent
Jeannie M. Caro
Garcia Properties
List Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2016
Sold by
Seraji Mehrdad and Seraji Parisa A
Bought by
Binaei David A

Purchase Details

Closed on
Mar 17, 2006
Sold by
Binaei David and Benaei David
Bought by
Seraji Mehrdad and Seraji Parisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2005
Sold by
Scout Properties Llc
Bought by
Benaei David

Purchase Details

Closed on
Jan 31, 2005
Sold by
Wilson Michael P and Wilson Michael
Bought by
Harris Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,648
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Tower Grove South, MO

  • Michael Holden Real Estate Agent - Keller Williams Realty St. Louis

    Michael Holden

    Responds Quickly

    Keller Williams Realty St. Louis

    (314) 582-3836

    121 Total Sales

    1 in Tower Grove South

    $446,000 Price

    Michael Holden
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  • Bethany DeMaggio Real Estate Agent - Real Broker LLC

    Bethany DeMaggio

    Real Broker LLC

    (314) 310-8387

    156 Total Sales

    2 in Tower Grove South

    $132K - $335K Price Range

    Bethany DeMaggio
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  • Dan Lawless Real Estate Agent - Wood Brothers Realty

    Dan Lawless

    Wood Brothers Realty

    (314) 310-5816

    100 Total Sales

    2 in Tower Grove South

    $138K - $195K Price Range

    Dan Lawless
     Section Image
  • Jody Parrish Real Estate Agent - EXP Realty, LLC

    Jody Parrish

    EXP Realty, LLC

    (314) 938-2742

    129 Total Sales

    2 in Tower Grove South

    $30K - $230K Price Range

    Jody Parrish
     Section Image
  • Hayley Tomazic Real Estate Agent - Keller Williams Realty St. Louis

    Hayley Tomazic

    Responds Quickly

    Keller Williams Realty St. Louis

    (314) 668-2939

    186 Total Sales

    2 in Tower Grove South

    $215K - $477K Price Range

    Hayley Tomazic
     Section Image
  • Sheryl Deskin Real Estate Agent - Compass Realty Group

    Sheryl Deskin

    Compass Realty Group

    (314) 274-6636

    176 Total Sales

    1 in Tower Grove South

    $415,000 Price

    Sheryl Deskin
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Kuntz Amy L -- None Available
Binaei David A -- None Available
Binaei David A $125,000 None Available
Seraji Mehrdad -- None Available
Benaei David -- --
Harris Pierre -- --
Harris Pierre -- --
Rmd Investments Inc -- --
Scout Properties Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $350,020
Previous Owner Kuntz Amy L $176,000
Previous Owner Seraji Mehrdad $157,500
Previous Owner Harris Pierre $96,648
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2022 09/13/22 Sold -- -- --
07/25/2022 07/25/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $315,000 +40.0% $101 / Sq Ft
11/14/2017 11/14/17 Sold -- -- -- View Prior Sale
11/14/2017 11/14/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $225,000 -- $72 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,072 $46,360 $1,710 $44,650
2025 $3,396 $46,360 $1,710 $44,650
2024 $3,241 $37,710 $1,710 $36,000
2023 $3,241 $37,710 $1,710 $36,000
2022 $2,954 $33,020 $1,710 $31,310
2021 $2,950 $33,020 $1,710 $31,310
2020 $2,695 $30,170 $1,710 $28,460
2019 $2,687 $30,170 $1,710 $28,460
2018 $2,811 $30,630 $3,000 $27,630
2017 $2,766 $30,630 $3,000 $27,630
2016 $1,767 $19,000 $3,000 $16,000
2015 $1,616 $19,000 $3,000 $16,000
2014 $1,775 $23,810 $3,000 $20,810
2013 -- $20,900 $3,000 $17,900
Source: Public Records

Agents Affiliated with this Home

  • Jeannie M. Caro Real Estate Agent - Garcia Properties

    Seller's Agent in 2022

    Jeannie M. Caro

    Garcia Properties

    (618) 789-3486

    10 in this area

    150 Total Sales

    Jeannie M. Caro
    Section Image
  • Todd Shasserre Real Estate Agent - Garcia Properties

    Seller Co-Listing Agent in 2022

    Todd Shasserre

    Garcia Properties

    (314) 881-8013

    7 in this area

    87 Total Sales

    Todd Shasserre
    Section Image

  • CH

    Buyer's Agent in 2022

    Crystal Hauge

    Circa Properties

    Section Image
  • Jenifer Garcia Real Estate Agent - Garcia Properties

    Seller's Agent in 2017

    Jenifer Garcia

    Garcia Properties

    (999) 999-9999

    81 in this area

    932 Total Sales

    Jenifer Garcia
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS22034758

MARIS MLS

APN: 4120-00-0050-0

Missouri St. Louis City County Saint Louis 63116 Tower Grove South

3940 Miami St, Saint Louis, MO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MARIS MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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