NOT LISTED FOR SALE

4235 Gibson Ave Saint Louis, MO 63110

Central West End Neighborhood

Estimated Value: $341,000 - $685,192

-- Bed
2 Baths
4,416 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 28, 2018

Current estimated payment $2,558/month

About This Home

As of February 2018

HOT opportunity for turn-key 4-family in The Grove. 10% Cap! Each renovated unit is 1000+ sf 2+bd/1ba, In-unit laundry, hardwood, low-e windows, stainless appliances. 1st flr units have deck leading to huge fenced backyard. 2nd flr units w/ bonus room & new staircases. NEW private parking, deck, entry staircase and handrails. One block off Manchester w/ restaurants, venues, bars & shops at your front door. Walk to Cortex, Botanical Garden, Barnes, SLU, Ikea & more. Updated systems, newer roof, PVC stacks, copper lines, newer HVAC. Current owner maintains 70-95% occupancy w/ AIRBNB and has repeat business. Gross rents are $1700-2200/unit. Last long-term lease was $1175/unit. New single-family houses surround the building that sold for $500-750k. SELLING BUILDING AS BUSINESS FURNISHED AND FUTURE BOOKINGS THROUGH END OF MAY, W/ MANAGEMENT FOR THE BUYER UNTIL CURRENT BOOKINGS COMPLETED. Other option is cash-flow machine for owner-occupant, FHA eligible!

Last Agent to Sell the Property

Brittani Gardner-Evans

TAP Homes, LLC License #2017011527 Listed on: 01/31/2018

Last Buyer's Agent

Jen Ross Cross

RedKey Realty Leaders License #2002026235

RedKey Realty Leaders

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $850

Year Built

  • 1897

Lot Details

  • 3,267 Sq Ft Lot
  • Lot Dimensions are 52x133

Home Design

  • 4,416 Sq Ft Home
  • Quadruplex
  • Updated or Remodeled

Parking

  • Additional Parking
  • On-Street Parking
  • Off-Street Parking

Utilities

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

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$850

Year Built

1897

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Special Description: Renovated
  • Age: 121
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1897

Interior Features

  • Square Footage: 4416

Garage/Parking

  • Parking: Additional Parking, Off Street, On Street Parking

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Adams Elem.
  • Middle School: Fanning Middle Community Ed.
  • High School: Vashon High

Lot Info

  • Lot Dimensions: 52x133
  • Lot Sq Ft: 3267
  • Acres: 0.0750

Rental Info

  • Tenancy Type: 1 or More Vacant, Month To Month, No Lease

Multi Family

  • Gross Operating Income: 81600.00
  • Units: 4
  • Total Expenses: 32040.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 1510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Feb 28, 2018
Sold by
Evans Ebony V
Bought by
Tomasello Taya and Tomasello Mike
Seller's Agent
Brittani Gardner-Evans
TAP Homes, LLC
Buyer's Agent
Jen Ross Cross
RedKey Realty Leaders
List Price
$492,000
Current Estimated Value
$460,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%
Original Mortgage
$375,000
Outstanding Balance
$320,159
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$170,165

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 2, 2015
Sold by
Kpr Investments Llc
Bought by
Evans Ebony V
Seller's Agent
Tyler Olsen
RE/MAX Results
Buyer's Agent
Brittani Gardner-Evans
TAP Homes, LLC
List Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%
Original Mortgage
$325,986
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2001
Sold by
Sinha Sanjiv and Weakly Bradley R
Bought by
Ridenhour Todd E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,897
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
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
Tomasello Taya $500,000 None Available
Evans Ebony V -- None Available
Ridenhour Todd E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomasello Taya $375,000
Previous Owner Evans Ebony V $325,986
Previous Owner Ridenhour Todd E $45,897
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold -- -- --
01/31/2018 01/31/18 For Sale $492,000 +40.6% $111 / Sq Ft
07/02/2015 07/02/15 Sold -- -- --
07/02/2015 07/02/15 For Sale $350,000 -- $79 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
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 $850 $10,150 $510 $9,640
2024 $808 $10,150 $510 $9,640
2023 $808 $10,150 $510 $9,640
2022 $1,347 $14,050 $750 $13,300
2021 $1,345 $14,050 $750 $13,300
2020 $1,336 $14,050 $750 $13,300
2019 $1,558 $16,000 $900 $15,100
2018 $766 $9,100 $510 $8,590
2017 $753 $9,100 $510 $8,590
2016 $666 $7,940 $700 $7,240
2015 $603 $7,940 $700 $7,240
2014 $584 $7,940 $700 $7,240
2013 -- $7,690 $700 $6,990
Source: Public Records

Agents Affiliated with this Home

  • Jen Ross Cross

    Buyer's Agent in 2018

    Jen Ross Cross

    RedKey Realty Leaders

    (314) 313-1779

    31 Total Sales

    Jen Ross Cross
    Section Image
  • Tyler Olsen

    Seller's Agent in 2015

    Tyler Olsen

    RE/MAX

    (314) 616-8100

    8 in this area

    106 Total Sales

    Tyler Olsen
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS18003942

MARIS MLS

APN: 5114-01-0520-0

Missouri St. Louis City County Saint Louis 63110 Central West End

4235 Gibson Ave, Saint Louis, MO

This home is located at 4235 Gibson Ave, Saint Louis, MO 63110 since 31 January 2018 and is currently estimated at $460,048, approximately $104 per square foot. This property was built in 1897. 4235 Gibson Ave is a home located in St. Louis City with nearby schools including Adams Elementary School, Vashon High School, and City Garden Montessori Charter School.

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