NOT LISTED FOR SALE

Estimated Value: $274,000 - $408,000

-- Bed
4 Baths
2,760 Sq Ft
$114/Sq Ft Est. Value

Last Sold June 21, 2024

Current estimated payment $1,857/month

3 Days on Market

About This Home

As of June 2024

This four family on Kemper is located in the Southwest Garden neighborhood, less than a quarter of a mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1942, the building spans 2,760 square feet. Each unit features 1 bedroom, 1 bathroom, with hardwood floors, and tile in the bathrooms. This building is not currently updated, providing an opportunity for creating equity and higher rents with updates. The electric panels are updated and there is off street parking. One of the four units has HVAC. The building has hardwood flooring, laundry facilities, and storage units in the basement. Similar sized 1-bedroom apartments average rent within a mile radius is $998. Two apartments have been left vacant for showings and potential updates. A virtual tour is available upon request.

Last Agent to Sell the Property

Jordan Schoen

Invest St. Louis License #2009024331 Listed on: 04/30/2024

Last Buyer's Agent

Elvis Niksic

Worth Clark Realty License #2018035406

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 1942

Lot Details

  • 4,970 Sq Ft Lot
  • Lot Dimensions are 44x120

Home Design

  • 2,760 Sq Ft Home
  • Brick Exterior Construction

Laundry

  • Washer and Dryer

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Mason Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • Net Operating Income $6,260

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 4735-00-0150-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,207

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1942
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.1141
  • Co List Office Phone: 3256201
  • Subdivision Name: St Louis County Farms Add
  • Above Grade Finished Sq Ft: 2760
  • Age: 82
  • PropaneTank: None
  • Total Expenses: 10420.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Washer/Dryer

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Driveway: Asphalt

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s), Gas
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Schools

  • Elementary School: Mason Elem.
  • Junior High Dist: St. Louis City
  • High School: Roosevelt High
  • Middle Or Junior School: Long Middle Community Ed. Center

Lot Info

  • Lot Dimensions: 44x120
  • Lot Size Sq Ft: 4970
  • Parcel Number: 4735-00-0150-0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: 1 or More Vacant,Leases

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2207
  • Prop Asses Cty Tx: 0

Multi Family

  • Net Operating Income: 6260
  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jun 21, 2024
Sold by
Prophetic Investments Llc
Bought by
Niksic Elvis and Niksic Edis
Seller's Agent
Jordan Schoen
Invest St. Louis
Buyer's Agent
Elvis Niksic
Worth Clark Realty
List Price
$275,000
Views
13
Current Estimated Value
$314,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$220,000
Outstanding Balance
$217,193
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$97,682

Purchase Details

Closed on
Oct 15, 2014
Sold by
Thermagrafix Building Solutions
Bought by
Prophetic Investments Llc

Purchase Details

Closed on
Nov 25, 2008
Sold by
Doss Brian and Doss Dana
Bought by
Thermagrafix Building Solutions Llc

Purchase Details

Closed on
Nov 25, 2002
Sold by
Doss Shirley J
Bought by
Doss Brian and Doss Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
9.37%
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
Niksic Elvis -- None Listed On Document
Prophetic Investments Llc -- None Available
Thermagrafix Building Solutions Llc -- None Available
Doss Brian -- C L T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niksic Elvis $220,000
Previous Owner Doss Brian $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold -- -- --
05/03/2024 05/03/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $275,000 -- $100 / 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 $2,320 $36,050 $2,600 $33,450
2024 $2,207 $27,380 $2,600 $24,780
2023 $2,207 $27,380 $2,600 $24,780
2022 $2,024 $24,150 $2,600 $21,550
2021 $2,021 $24,150 $2,600 $21,550
2020 $1,875 $22,550 $2,600 $19,950
2019 $1,868 $22,550 $2,600 $19,950
2018 $1,765 $20,630 $1,860 $18,770
2017 $1,735 $20,630 $1,860 $18,770
2016 $1,796 $21,090 $1,860 $19,230
2015 $1,629 $21,090 $1,860 $19,230
2014 $1,612 $21,090 $1,860 $19,230
2013 -- $20,880 $1,860 $19,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24026130

MARIS MLS

APN: 4735-00-0150-0