NOT LISTED FOR SALE

4255 W Ashland Ave Saint Louis, MO 63115

Greater Ville Neighborhood

Estimated Value: $57,577 - $129,000

-- Bed
4 Baths
3,496 Sq Ft
$22/Sq Ft Est. Value

Last Sold April 19, 2024

Current estimated payment $452/month

156 Days on Market

About This Home

As of April 2024

Substantial price reduction on this attractive two family building with two townhouses. Each townhouse has 3 bedrooms and 1 1/2 baths and central air. The building was rehabbed several years ago and has been well maintained. A new roof and two new water heaters were installed in 2022 as well as one new furnace. The rents are low because of rent restrictions related to current financing. Many restrictions will be released at the sale. The remailing restrictions limit existing tenants to a 7% per year rent increase for a period of five years. No rent restrictions on new tenants. Also, tenants cannot be evicted except for good cause, (non payment, lease violations, etc.)

Last Agent to Sell the Property

Richard Sorkin

Sorkin & Associates, LLC License #1999016461 Listed on: 03/24/2023

Last Buyer's Agent

Carol Farley

Eaton Properties, Inc. License #2004036822

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 1907

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 115x49.5

Parking

  • Off-Street Parking

Home Design

  • 3,496 Sq Ft Home
  • Brick Exterior Construction

Schools

  • Hickey Elem. Elementary School
  • Yeatman-Liddell Middle School
  • Sumner High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Net Operating Income $8,644

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4440-10-0380-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$578

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1907
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.143
  • Co List Office Phone: 3682463
  • Subdivision Name: James B Clay add
  • Above Grade Finished Sq Ft: 3496
  • Age: 117
  • PropaneTank: None
  • Total Expenses: 2844.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s)

Exterior Features

  • Disclosures: Unknown, Othr-Call List Agent
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Hickey Elem.
  • Junior High Dist: St. Louis City
  • High School: Sumner High
  • Middle Or Junior School: Yeatman-Liddell Middle School

Lot Info

  • Lot Dimensions: 115x49.5
  • Lot Size Sq Ft: 6229
  • Parcel Number: 4440-10-0380-0

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Leases,Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 578
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 8644
  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Apr 19, 2024
Sold by
Ds Investors 2 Lp
Bought by
Hammick James and Hammick Christina
Seller's Agent
Richard Sorkin
Sorkin & Associates, LLC
Buyer's Agent
Carol Farley
Eaton Properties, Inc.
List Price
$89,900
Views
113
Current Estimated Value
$76,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.77%
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
Hammick James -- Old Republic Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold -- -- --
03/16/2024 03/16/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $75,000 -16.6% $21 / Sq Ft
02/02/2024 02/02/24 For Sale $89,900 0.0% $26 / Sq Ft
12/21/2023 12/21/23 Off Market -- -- --
12/05/2023 12/05/23 Price Changed $89,900 -9.6% $26 / Sq Ft
10/12/2023 10/12/23 For Sale $99,500 -- $28 / 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 $595 $7,030 $320 $6,710
2024 $567 $6,770 $320 $6,450
2023 $567 $6,770 $320 $6,450
2022 $578 $6,650 $320 $6,330
2021 $577 $6,650 $320 $6,330
2020 $562 $6,520 $320 $6,200
2019 $560 $6,510 $320 $6,190
2018 $548 $6,170 $320 $5,850
2017 $539 $6,180 $320 $5,850
2016 $578 $6,560 $700 $5,850
2015 $526 $6,550 $700 $5,850
2014 $510 $6,550 $700 $5,850
2013 -- $6,340 $700 $5,640
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Richard Sorkin

    Sorkin & Associates, LLC

    (314) 368-2463

    2 in this area

    40 Total Sales

    Richard Sorkin
    Section Image
  • Carol Farley

    Buyer's Agent in 2024

    Carol Farley

    Eaton Properties, Inc.

    (314) 496-5648

    2 in this area

    129 Total Sales

    Carol Farley
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS23060988

MARIS MLS

APN: 4440-10-0380-0

Missouri St. Louis City County Saint Louis 63115 Greater Ville

4255 W Ashland Ave, Saint Louis, MO

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