NOT LISTED FOR SALE

Estimated Value: $90,965 - $134,000

-- Bed
4 Baths
1,564 Sq Ft
$77/Sq Ft Est. Value

Last Sold May 11, 2016

Current estimated payment $583/month

73 Days on Market

About This Home

As of May 2016

Four fully rented studio apartments that have recently been rehabbed. Apartments are rented for $400,$400,$375,$375 for a total of $1,550 a month, and $18,600 annually. Building features updated electric, new water lines, new security doors,
some new water heaters and furnaces are newer. Each unit has its own private storage in the basement. Building provides great cash flow with a cap rate of approximately 25% after expenses. Please do not disturb the tenants.

Last Agent to Sell the Property

Jordan Schoen

Invest St. Louis License #2009024331 Listed on: 02/25/2016

Last Buyer's Agent

Dominic Pozzo

Coldwell Banker Premier Group License #2015010405

Coldwell Banker Premier Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $198

Year Built

  • 1888

Lot Details

  • 2,309 Sq Ft Lot
  • Lot Dimensions are 40x58x39

Parking

  • Off-Street Parking

Additional Features

  • Storage Room
  • Electric Water Heater
  • Basement

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$198

Year Built

1888

Lot Details

0

Listing Details

  • Municipality Township: St. Louis City
  • Special Description: Rehabbed
  • Age: 126
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1888

Interior Features

  • Misc Features: Basement, Storage Room Avail

Exterior Features

  • Exterior Features: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: 1 Window/Wall
  • Heating: Baseboard
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimensions: 40x58x39
  • Lot Sq Ft: 2309

Rental Info

  • Tenant Pays: Cable TV/Satellite, Electric

Multi Family

  • Gross Operating Income: 18600.00
  • Units: 4
  • Total Expenses: 3600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
May 11, 2016
Sold by
Una Properties Management Llc
Bought by
Pozzo David J
Seller's Agent
Jordan Schoen
Invest St. Louis
Buyer's Agent
Dominic Pozzo
Coldwell Banker Premier Group
List Price
$54,900
Current Estimated Value
$103,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$28,500
Outstanding Balance
$22,907
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$97,834

Purchase Details

Closed on
Aug 19, 2015
Sold by
House Buyers Llc
Bought by
Una Properties Management Llc

Purchase Details

Closed on
Jul 23, 2015
Sold by
Auspicious Home Llc
Bought by
House Buyers Llc

Purchase Details

Closed on
Sep 2, 2011
Sold by
R1 Real Estate Llc
Bought by
Auspicious Home Llc

Purchase Details

Closed on
Aug 10, 2011
Sold by
Marshall Greg
Bought by
R1 Real Estate Llc

Purchase Details

Closed on
Feb 10, 2010
Sold by
Aurora Loan Services Llc
Bought by
Marshall Greg

Purchase Details

Closed on
Oct 5, 2009
Sold by
Lockhart Phyllis
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 18, 2007
Sold by
Dahlem James and Dahlem James H
Bought by
Lockhart Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Cawley Jeffrey W and Cawley Charissa D
Bought by
Dahlem James and Dahlem James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2004
Sold by
J T K Properties Llc
Bought by
Cawley Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2003
Sold by
Federal National Mortgage Association
Bought by
T K 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
$11,500
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2003
Sold by
Marbley Ernest L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 13, 2000
Sold by
Broussard Henry
Bought by
Marbley Ernest L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1999
Sold by
Wiegand Karl
Bought by
Broussard Henry
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
Pozzo David J -- Title Partners Agency Llc
Una Properties Management Llc -- None Available
House Buyers Llc -- None Available
Auspicious Home Llc $55,000 None Available
R1 Real Estate Llc -- Benchmark Title Llc
Marshall Greg -- Mokan Title Services Llc
Aurora Loan Services Llc $72,255 Mokan Title Services Llc
Lockhart Phyllis -- None Available
Dahlem James -- --
Cawley Jeffrey W -- --
T K Properties Llc -- --
Federal National Mortgage Association $15,900 --
Marbley Ernest L -- --
Broussard Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pozzo David J $28,500
Previous Owner Lockhart Phyllis $68,000
Previous Owner Dahlem James $59,850
Previous Owner Cawley Jeffrey W $32,400
Previous Owner T K Properties Llc $11,500
Previous Owner Marbley Ernest L $47,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold -- -- --
02/25/2016 02/25/16 For Sale $54,900 -- $35 / 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 $198 $2,480 $890 $1,590
2024 $190 $2,030 $890 $1,140
2023 $190 $2,030 $890 $1,140
2022 $183 $1,870 $890 $980
2021 $182 $1,870 $890 $980
2020 $179 $1,840 $890 $950
2019 $178 $1,840 $890 $950
2018 $183 $1,840 $890 $950
2017 $180 $1,840 $890 $950
2016 $214 $2,220 $890 $1,330
2015 $196 $2,220 $890 $1,330
2014 $193 $2,220 $890 $1,330
2013 -- $2,160 $890 $1,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16010605

MARIS MLS

APN: 2603-00-0016-0