NOT LISTED FOR SALE

44 Spruce St Viburnum, MO 65566

Estimated Value: $93,000 - $136,133

Studio
3 Baths
1,500 Sq Ft
$76/Sq Ft Est. Value

Last Sold December 22, 2020

Current estimated payment $634/month

63 Days on Market

About This Home

As of December 2020

Just $49,995 – This investment property will pay for itself in just over five years with current monthly rental income of $800 per month. With a little updating and some cosmetic work this 100% rented duplex provides a great business opportunity. Located in the small town of Viburnum, Mo. where rental units are in high demand. Each rental unit features two bedrooms, a living area, a spacious eat in kitchen and one bathroom. Your tenants will enjoy a large porch area and each unit has its own carport for tenant protection and safety. In Viburnum rental units are in high demand and in short supply. The community has a quality school system and the local internet service is high speed provided through a fiber optic system provided by a local telecommunications company. All you need for small town living is just 3 blocks away in the Viburnum Center Shopping Center. You will find a grocery store, bank, insurance, medical clinic, drug store, Dollar General, Laundry Mat and more.

Last Agent to Sell the Property

Lance Mayfield

Platinum Realty of St. Louis License #2017008715 Listed on: 09/14/2020

Platinum Realty of St. Louis

Last Buyer's Agent

Lance Mayfield

Platinum Realty of St. Louis License #2017008715 Listed on: 09/14/2020

Platinum Realty of St. Louis

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 142 x 100

Home Design

  • 1,500 Sq Ft Home
  • Duplex

Parking

  • Carport
  • On-Street Parking

Schools

  • Viburnum Elem. Elementary School
  • Viburnum High Middle School
  • Viburnum High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, sewer, trash removal, water
  • Assessor Parcel Number 0570260030004015S000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Viburnum
  • Age: 60
  • Ownership: Private
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1500

Garage/Parking

  • Parking: 1-2 Car Carport, Covered, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: 1 Window/Wall
  • Heating: Baseboard

Schools

  • Elementary School: Viburnum Elem.
  • Junior High School: Viburnum High
  • School District: Iron Co. C-4
  • Senior High School: Viburnum High

Lot Info

  • Lot Dimensions: 142 x 100
  • Lot Sq Ft: 14505
  • Acres: 0.3330

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: All Utilities, Sewer, Trash Removal, Water

Multi Family

  • Gross Operating Income: 9600.00
  • Units: 1
  • Total Expenses: 2500.00
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 765
  • Assessor Parcel Number: 0570260030004015S000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2010
Sold by
Dobyns Michael and Dobyns Stacy
Bought by
Hicks Robert and Hicks Sherri
Current Estimated Value
$114,533

Purchase Details

Closed on
Aug 10, 2004
Sold by
Mason Ronal Etal
Bought by
Dobyns Michael and Dobyns Stacy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hicks Robert -- --
Dobyns Michael -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold -- -- --
11/17/2020 11/17/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $49,995 -- $33 / 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
2024 $497 $10,070 $1,060 $9,010
2023 $485 $10,070 $1,060 $9,010
2022 $476 $9,930 $920 $9,010
2021 $469 $9,930 $920 $9,010
2020 $426 $8,870 $920 $7,950
2019 $426 $8,870 $920 $7,950
2018 $426 $8,870 $920 $7,950
2017 $364 $8,870 $920 $7,950
2016 $353 $9,000 $920 $8,080
2015 -- $9,000 $920 $8,080
2014 -- $9,370 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20067036

MARIS MLS

APN: 0570260030004015S000