NOT LISTED FOR SALE

5 Melody Ln Unit 6 Troy, MO 63379

Troy MO Neighborhood

Estimated Value: $293,000 - $651,000

12 Beds
12 Baths
960 Sq Ft
$477/Sq Ft Est. Value

Last Sold February 23, 2021

Current estimated payment $2,675/month

19 Days on Market

Highlights

  • Great Room
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Breakfast Area or Nook
  • Downtown Location
  • Community Storage Space

About This Home

As of February 2021

Calling ALL Investors to a GREAT opportunity to own 3/2 Family Buildings on the Same Street w/ Net Income of $50,100 a year!! Rents could be pushed higher to $775 -$800 for the area. Units are 960 sq ft ALL 2 Bd/2 FB w/ W/D hookups. Most units have luxury vinyl flooring installed throughout, some new vanities, toilets, water shut off valves, new doors installed. 2 Units have newer kitchen cabinets & appliances. Land Lords Responsible for Lawn & Street Maintenance. ALL Units Occupied, All Rent Current so cash flow instantaneous. Melody Lane is close to the Troy park, police station & down town Troy for peace of mind & convenience. Units are in good condition but As-Is Sale, inspections for buyers knowledge & not for negotiation purposes. Units will be shown AFTER an accepted contract. No 2-Families have sold in 2020 for less than 153k in St. Charles, Warren & Lincoln Counties. Priced to Sell Fast! Lastly, be courteous Please Do Not Disturb Tenants. *Agent Owned Property*

Last Listed By

Dana Mosher

Coldwell Banker Realty - Gundaker License #2014031637 Listed on: 01/04/2021

Coldwell Banker Realty - Gundaker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1987

Lot Details

  • Downtown Location

Home Design

  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Great Room
  • Laundry in Utility Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Over 1 Space Per Unit
  • Parking Lot

Schools

  • Main Street Elem. Elementary School
  • Troy Middle School
  • Troy Buchanan High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, sewer, trash removal, water
  • Assessor Parcel Number 157025003002009003

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Low-Rise Condominium

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Cross Street: capaugris
  • Municipality Township: Troy
  • Special Description: Disabled Persons, Disabled Veteran
  • Age: 34
  • Ownership: Private
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Prvt Laund all units
  • Square Footage: 960

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: 2+ Space/Unit, Carport(s), Parking Lot

Utilities

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

Schools

  • School District: Troy R-III
  • Elementary School: Main Street Elem.
  • Middle School: Troy Middle
  • High School: Troy Buchanan High
  • Elementary School: Main Street Elem.
  • Junior High School: Troy Middle
  • School District: Troy R-III
  • Senior High School: Troy Buchanan High

Lot Info

  • Lot Dimensions: irregular
  • Lot Number: 3,4,8
  • Location: Downtown

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Sewer, Trash Removal, Water

Multi Family

  • Building Info: Storage/Locker Area
  • Building Number: 3
  • Gross Operating Income: 51600.00
  • Total Units: 6
  • Total Expenses: 1500.00

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1200
  • Assessor Parcel Number: 157025003002009003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 23, 2021
Sold by
Tga Enterprises Llc
Bought by
Orick Bobby Joe and Orick Ginger Lynn
Seller's Agent
Dana Mosher
Coldwell Banker Realty - Gundaker
Buyer's Agent
Dana Mosher
Coldwell Banker Realty - Gundaker
List Price
$435,000
Sold Price
$441,000
Premium/Discount to List
$6,000
1.38%
Total Days on Market
19
Current Estimated Value
$458,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,069
Avg. Annual Appreciation
0.90%
Original Mortgage
$110,250
Outstanding Balance
$99,948
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$358,121

Purchase Details

Closed on
May 8, 2019
Sold by
Mosher Dan and Mosher Dana
Bought by
Tga Enterprises Llc

Purchase Details

Closed on
Jan 14, 2019
Sold by
Prospector Group Llc
Bought by
Mosher Dan and Mosher Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2009
Sold by
Co Meyer Real Estate Co
Bought by
Co Prospectors Group Llc

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
Orick Bobby Joe -- None Available
Tga Enterprises Llc -- None Available
Mosher Dan -- Meyer Title Co
Co Prospectors Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orick Bobby Joe $110,250
Previous Owner Mosher Dan $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold -- -- --
01/11/2021 01/11/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $435,000 -- $453 / 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 $1,330 $20,775 $1,488 $19,287
2023 $1,322 $20,775 $1,488 $19,287
2022 $1,258 $19,684 $1,488 $18,196
2021 $1,265 $103,600 $0 $0
2020 $1,111 $90,820 $0 $0
2019 $1,113 $90,820 $0 $0
2018 $1,164 $17,835 $0 $0
2017 $1,167 $17,835 $0 $0
2016 $1,067 $15,880 $0 $0
2015 $1,070 $15,880 $0 $0
2014 $906 $13,420 $0 $0
2013 -- $13,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20090373

MARIS MLS

APN: 157025003002009003