NOT LISTED FOR SALE

Estimated Value: $298,354 - $550,000

Studio
4 Baths
2,788 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 10, 2015

Current estimated payment $2,464/month

Highlights

  • 5,793 Sq Ft lot
  • Balcony
  • Laundry Facilities
  • Deck
  • Patio
  • Partially Fenced Property

About This Home

As of September 2015

Attractive and architecturally unique all brick building in the heart of Southwest Gardens, just steps from the Botanical Gardens and Tower Grove Park. Very hot area for investors and owner occupants. The building has had no vacancy in years and units rent very quickly with back-up applications at $575-600. Hardwood floors throughout, some stained glass windows, arched doorways, and large rear decks give these cozy shotgun style units a lot of charm. Updated kitchens and bathrooms offer modern convenience and low maintenance. 4 car off street parking in back. Updated plumbing and electric boxes, newer sewer lateral, recently sealed and stained decks, recent interior and exterior painting ensure new owner will have low expenses. Very clean basement. With almost $2400/month gross monthly income and low maintenance this is a cash cow with great upside. Building is currently fully occupied and tenants aren't aware of sale, please do not disturb.

Last Agent to Sell the Property

Jonathan Douek

Platinum Realty of St. Louis License #2012038597 Listed on: 08/12/2015

Platinum Realty of St. Louis

Last Buyer's Agent

Christina Delacruz

Worth Clark Realty License #1999115067

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1923

Lot Details

  • 5,793 Sq Ft Lot
  • Lot Dimensions are 36x132
  • Partially Fenced Property

Parking

  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas

Property Details

Home Type

Multi-Family

Year Built

1923

Lot Details

0

Listing Details

  • Cross Street: Portis
  • Municipality Township: St. Louis City
  • Age: 89
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1923

Interior Features

  • Misc Features: Balcony, Basement, Deck, Laundry Facl-Commty, Partial Fencing, Patio

Exterior Features

  • Exterior Features: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: 3 Plus Window/Wall, Individual Units
  • Heating: Baseboard
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 36x132
  • Lot Sq Ft: 5793

Rental Info

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

Multi Family

  • Gross Operating Income: 28500.00
  • Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Sep 28, 2015
Sold by
Parker Scott
Bought by
Ravensbourne Flad Llc
Seller's Agent
Jonathan Douek
Platinum Realty of St. Louis
Buyer's Agent
Christina Delacruz
Worth Clark Realty
List Price
$215,000
Current Estimated Value
$410,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%

Purchase Details

Listed on
Aug 12, 2015
Closed on
Sep 10, 2015
Sold by
J & J Property Group Llc
Bought by
Parker Scott
Seller's Agent
Jonathan Douek
Platinum Realty of St. Louis
Buyer's Agent
Christina Delacruz
Worth Clark Realty
List Price
$215,000

Purchase Details

Closed on
Jul 12, 2013
Sold by
Slu Apartments Llc
Bought by
J & J Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 29, 2009
Sold by
Ridgemoor Properties Inc
Bought by
Jeda Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,098
Interest Rate
5.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 28, 2009
Sold by
The L & P Management Properties Llc
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
$121,098
Interest Rate
5.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 18, 2004
Sold by
Andrade Leslie
Bought by
The L & P Management Properties Llc

Purchase Details

Closed on
Nov 24, 1999
Sold by
Robert T Zauhar Zauhar Randy J
Bought by
Andrade Leslie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1997
Sold by
Feick Raymond R and Adams David
Bought by
Zauhar Randy J and Yu Zheya Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ravensbourne Flad Llc -- None Available
Parker Scott -- Stl
J & J Property Group Llc -- None Available
Slu Apartments Llc -- None Available
Jeda Llc -- None Available
Ridgemoor Properties Inc -- None Available
The L & P Management Properties Llc -- None Available
The L & P Management Properties Llc -- --
Andrade Leslie L -- --
Zauhar Randy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J & J Property Group Llc $118,000
Previous Owner Jeda Llc $121,098
Previous Owner Andrade Leslie L $61,200
Previous Owner Zauhar Randy J $44,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2015 09/10/15 Sold -- -- --
09/10/2015 09/10/15 For Sale $215,000 -- $77 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
Source: MARIS MLS

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 $3,923 $46,090 $3,140 $42,950
2024 $3,503 $43,660 $3,140 $40,520
2023 $3,503 $43,660 $3,140 $40,520
2022 $3,463 $39,650 $3,140 $36,510
2021 $3,458 $39,650 $3,140 $36,510
2020 $3,049 $35,160 $3,140 $32,020
2019 $3,530 $40,910 $3,140 $37,770
2018 $3,055 $34,000 $3,140 $30,860
2017 $3,006 $33,990 $3,140 $30,860
2016 $2,186 $24,190 $3,140 $21,050
2015 $1,994 $24,190 $3,140 $21,050
2014 $1,833 $24,190 $3,140 $21,050
2013 -- $22,220 $3,140 $19,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS15035018

MARIS MLS

APN: 5906-00-0250-0