NOT LISTED FOR SALE

Estimated Value: $431,000 - $698,149

-- Bed
2 Baths
2,494 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 24, 2019

Current estimated payment $3,111/month

2 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of May 2019

Beautiful renovation of a large 2 family located in The Grove, located just 2 blocks from all of the shops and restaurants on Manchester. This 2,494 square foot building features updated kitchens with granite counter tops and stainless steel appliances, refinished hardwood floors, central air. There is a back porch with a fenced backyard with off street parking. The second floor unit is currently rented for $1,175 a month. The first floor unit features 3 bedrooms including a finished basement, the unit was previously rented for $1,400 a month and is currently vacant and would be ideal for an owner occupant. Fully rented this building could generate $2,575 a month and $30,900 annually. Expenses are low with taxes only $200 annually, property is tax abated for another 5 years. Total expenses are $4,188 a year for a potential net income of $26,712.

Last Agent to Sell the Property

Jordan Schoen

Invest St. Louis License #2009024331 Listed on: 03/12/2019

Last Buyer's Agent

Mary Krummenacher

RE/MAX Results License #2002013461

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1895 | Remodeled

Lot Details

  • 3,615 Sq Ft Lot
  • Lot Dimensions are 125x25x125x25

Home Design

  • 2,494 Sq Ft Home
  • Duplex
  • Brick or Stone Mason

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Adams Elem. Elementary School
  • Fanning Middle Community Ed.
  • Vashon High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 3977-00-0320-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,280

Year Built

Built in 1895 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Special Description: Rehabbed, Renovated
  • Age: 124
  • Ownership: Private
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Laundry Facility in
  • Square Footage: 2494

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 125x25x125x25
  • Lot Sq Ft: 3615
  • Acres: 0.0830

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 30900.00
  • Units: 2
  • Total Expenses: 4188.00
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 199
  • Assessor Parcel Number: 3977-00-0320-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
May 23, 2019
Sold by
Preservation Group Llc
Bought by
Blecher Nathaniel and Powell Tori Landia
Seller's Agent
Jordan Schoen
Invest St. Louis
Buyer's Agent
Mary Krummenacher
RE/MAX Results
List Price
$309,000
Current Estimated Value
$516,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$185,400
Interest Rate
4.2%
Mortgage Type
New Conventional
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
Blecher Nathaniel $309,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blecher Nathaniel $180,000
Closed Blecher Nathaniel $180,000
Closed Blecher Nathaniel $180,000
Closed Blecher Nathaniel $185,400
Previous Owner Campbell Gregory H $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold -- -- --
03/15/2019 03/15/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $309,000 -- $124 / 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 $4,280 $61,030 $610 $60,420
2024 $190 $50,960 $610 $50,350
2023 $190 $24,210 $610 $23,600
2022 $197 $2,210 $610 $1,600
2021 $197 $610 $610 $0
2020 $194 $2,200 $840 $1,360
2019 $194 $2,200 $840 $1,360
2018 $199 $2,200 $840 $1,360
2017 $196 $2,200 $840 $1,360
2016 $198 $2,200 $840 $1,360
2015 $181 $2,200 $840 $1,360
2014 $181 $2,200 $840 $1,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19015587

MARIS MLS

APN: 3977-00-0320-1