NOT LISTED FOR SALE

Estimated Value: $459,000 - $738,356

-- Bed
4 Baths
4,200 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 11, 2022

Current estimated payment $3,509/month

3 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of April 2022

LARGE 4-FAMILY [ALL 2/1 UNITS] LOCATED DIRECTLY ON TOWER GROVE PARK! Flexible leases with significant upside opportunity. Turn key building with updated systems. NOI based on area rent projections - $1495/unit. Enter each unit to find the large living room which opens up to an eat-in kitchen. Bright, sunny kitchens feature 42” cabinets, granite countertops and updated appliances (plus dishwashers). Down the hall, find two large bedrooms and LAUNDRY IN UNIT. Bathrooms have been fully rehabbed with chic vanities and a shower/tub combo. Your residents will love the stunning view of the park right! New AC condensers and furnaces, PVC stacks, pex water lines, and much more! SOLD AS-IS. Owner is a licensed Missouri realtor.

Last Agent to Sell the Property

Leslie Johnson

Newcastle Real Estate LLC License #2004027349 Listed on: 03/07/2022

Last Buyer's Agent

Abbey Josar

Worth Clark Realty License #2018036756

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,379

Year Built

  • Built in 1912

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick or Stone Mason

Interior Spaces

  • 4,200 Sq Ft Home
  • Ceiling Fan
  • Basement

Schools

  • Mann Elem. Elementary School
  • Fanning Middle Community Ed.
  • Roosevelt High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 509200250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,379

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Arsenal & Bent
  • Municipality Township: St. Louis City
  • Age: 110
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement
  • Square Footage: 4200

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 45 FT 2 IN X 91 FT 6 IN/91 FT 7 1/4 IN
  • Lot Sq Ft: 3920
  • Acres: 0.0900

Rental Info

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

Multi Family

  • Gross Operating Income: 71760.00
  • Units: 4
  • Total Expenses: 17940.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 425
  • Assessor Parcel Number: 509200250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 8, 2022
Sold by
Lindell Fund I Llc
Bought by
5G Homes Llc
Seller's Agent
Leslie Johnson
Newcastle Real Estate LLC
Buyer's Agent
Abbey Josar
Worth Clark Realty
List Price
$650,000
Current Estimated Value
$613,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.97%
Original Mortgage
$512,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2010
Sold by
Pitman Douglas H and Pitman Jeanette I
Bought by
Rainier Llc

Purchase Details

Closed on
May 13, 2010
Sold by
Ott Robert
Bought by
Pitman Douglas and Pitman Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,600
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Hepp Robert C
Bought by
Ott Robert

Purchase Details

Closed on
Aug 2, 1999
Sold by
Thomas Marcellus J
Bought by
Hepp Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.68%

Purchase Details

Closed on
Feb 9, 1998
Sold by
Thomas Marcellus J
Bought by
Thomas Marcellus J and Thomas Rosetta E
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
5G Homes Llc -- None Listed On Document
Rainier Llc -- None Available
Pitman Douglas -- None Available
Ott Robert -- Ort
Hepp Robert C -- --
Thomas Marcellus J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 5G Homes Llc $512,000
Previous Owner Pitman Douglas $160,600
Previous Owner Hepp Robert C $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold -- -- --
03/11/2022 03/11/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $650,000 -- $155 / 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 $3,379 $49,070 $2,360 $46,710
2024 $3,214 $40,030 $2,360 $37,670
2023 $3,214 $40,030 $2,360 $37,670
2022 $426 $4,810 $2,360 $2,450
2021 $425 $4,810 $2,360 $2,450
2020 $403 $4,580 $2,360 $2,220
2019 $402 $4,580 $2,360 $2,220
2018 $377 $4,140 $2,050 $2,090
2017 $371 $4,140 $2,050 $2,090
2016 $375 $4,140 $2,050 $2,090
2015 $342 $4,140 $2,050 $2,090
2014 $337 $4,140 $2,050 $2,090
2013 -- $4,060 $2,050 $2,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22012697

MARIS MLS

APN: 5092-00-0250-0