NOT LISTED FOR SALE

Estimated Value: $546,000 - $554,000

-- Bed
4 Baths
4,374 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 17, 2019

Current estimated payment $3,351/month

Highlights

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

About This Home

As of April 2019

This Tower Grove South property is a great money-maker for your rental portfolio! It is located on a quiet (one way) street and has a close proximity to both Tower Grove Park and the Morganford Business District. The units are very large (check out that square footage!) and are currently set up as spacious 2 bedrooms but some offer the possibility of being converted into 3 beds. 4 new central AC units were installed last May. Outback there is a level yard and a large, 4 bay garage, which is a rare find in South City. The garage currently is not in use and certainly offers the opportunity to be an additional revenue generator. Building easily stays rented and generates good income as it stands (about $3,200/ month) but rents are definitely low for the area and the size of the units. Come and see what this one is all about.

Last Agent to Sell the Property

Riahna Kastner

St. Louis Real Estate Society License #2009001033 Listed on: 04/04/2019

Last Buyer's Agent

Riahna Kastner

St. Louis Real Estate Society License #2009001033 Listed on: 04/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,479

Year Built

  • Built in 1924

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • Quadruplex
  • Brick or Stone Mason

Interior Spaces

  • 4,374 Sq Ft Home
  • Ceiling Fan
  • Basement

Utilities

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

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 5062-00-0280-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,479

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Bent
  • Municipality Township: St. Louis City
  • Age: 95
  • Ownership: Private
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement
  • Square Footage: 4374

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1-2 Car Detached Grg

Utilities

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

Lot Info

  • Lot Dimensions: 50 FT X 162 FT 3/8 IN
  • Lot Number: 3, 4
  • Lot Sq Ft: 7405
  • Acres: 0.1700

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

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

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2018
  • Assessor Parcel Number: 5062-00-0280-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 17, 2019
Sold by
4211 Juniata Llc
Bought by
Mcmahan Investments Llc
Seller's Agent
Riahna Kastner
St. Louis Real Estate Society
Buyer's Agent
Riahna Kastner
St. Louis Real Estate Society
List Price
$349,900
Current Estimated Value
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$365,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 5, 2015
Sold by
Young Loren Andrew and Barnes Terra
Bought by
4211 Juniata Llc

Purchase Details

Closed on
Mar 9, 2015
Sold by
Connor William A and Connor Carol
Bought by
Ridgemoor Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1997
Sold by
Douglas Harry C
Bought by
Connor William A and Connor Carol
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
Mcmahan Investments Llc $340,000 Heritage Title Company
4211 Juniata Llc -- None Available
Ridgemoor Properties Inc -- None Available
Young Loren Andrew -- None Available
Connor William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcmahan Investments Llc $365,000
Previous Owner Young Loren Andrew $111,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold -- -- --
03/30/2019 03/30/19 Pending -- -- --
03/30/2019 03/30/19 For Sale $349,900 -- $80 / 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 $5,479 $107,120 $5,100 $102,020
2024 $4,206 $65,120 $3,800 $61,320
2023 $4,206 $52,490 $3,800 $48,690
2022 $3,842 $46,140 $3,800 $42,340
2021 $3,836 $46,140 $3,800 $42,340
2020 $2,393 $28,880 $3,800 $25,080
2019 $2,385 $28,880 $3,800 $25,080
2018 $2,018 $23,640 $3,330 $20,310
2017 $1,984 $23,640 $3,330 $20,310
2016 $1,627 $19,080 $3,330 $15,750
2015 $1,476 $19,080 $3,330 $15,750
2014 $1,446 $19,080 $3,330 $15,750
2013 -- $18,700 $3,330 $15,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19021277

MARIS MLS

APN: 5062-00-0280-0