NOT LISTED FOR SALE

Estimated Value: $241,587 - $333,000

Studio
2 Baths
2,020 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 05, 2018

Current estimated payment $1,725/month

53 Days on Market

Highlights

  • Balcony
  • Brick or Stone Mason
  • Ceiling Fan
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of September 2018

Amazing opportunity in HOT Southampton neighborhood! Fully rented duplex brings in close to $20,000 annually. Use your favorite investment calculation (cap rate, 50% rule, cash-on-cash ROI, etc)...all will show the incredible cash flow opportunity. Property is in an amazing location convenient to all major highways, and is a stone's throw from the shops and eating establishments of the Macklind Ave Business District. Property rents to great tenants at the snap of a finger and has supported 7-10% rent increases over the past 5 years. Approx 1000 sq ft units offer hardwood floors and updated kitchens and bathrooms. Shared laundry and storage are in the basement. 1st fl is 2 br, 2nd fl is 2 br with a bonus room perfect for a small office. Property offers a 2-car garage currently shared by both units. Building has been improved w/tuckpointing and new poly roof coating in 2017. 1st fl easy to show. 2nd fl show only w/accepted contract. HSA home warranty included. Agent is owner.

Last Agent to Sell the Property

Denise Neveau

Equity Missouri LLC License #2016009426 Listed on: 07/13/2018

Last Buyer's Agent

Colleen Favazza

Coldwell Banker Realty - Gundaker License #2000174427

Coldwell Banker Realty - Gundaker

Property Details

Home Type

  • Multi-Family

Year Built

  • 1911

Lot Details

  • 3,093 Sq Ft Lot
  • Lot Dimensions are 25 x 125
  • Fenced

Parking

  • Detached Garage

Home Design

  • Duplex
  • Brick or Stone Mason

Interior Spaces

  • 2,020 Sq Ft Home
  • Ceiling Fan
  • Basement

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Brannon
  • Municipality Township: St. Louis City
  • Age: 107
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1911

Interior Features

  • Misc Features: Balcony, Basement, Fencing, Laundry Facility in
  • Square Footage: 2020

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1-2 Car Detached Grg

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Ceiling Fan, Central-Electric, Individual Units
  • Heating: Forced Air, Individual Furnaces

Lot Info

  • Lot Dimensions: 25 X 125
  • Lot Sq Ft: 3093
  • Acres: 0.0710

Rental Info

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

Multi Family

  • Gross Operating Income: 19680.00
  • Units: 2
  • Total Expenses: 4415.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 1894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 29, 2018
Sold by
Neveau Nicole J and Neveau Denise
Bought by
Berenc Andrew and Salvacion Berenc Felicidad
Seller's Agent
Denise Neveau
Equity Missouri LLC
Buyer's Agent
Colleen Favazza
Coldwell Banker Realty - Gundaker
List Price
$184,900
Current Estimated Value
$288,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$141,750
Outstanding Balance
$123,360
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$164,787

Purchase Details

Closed on
Jun 20, 2013
Sold by
Link Jason A and Link Suphimol D
Bought by
Gundersen Nicole J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2009
Sold by
Mica Development Llc
Bought by
Link Jason A and Link Suphimol D

Purchase Details

Closed on
Mar 11, 2008
Sold by
Victor Llc
Bought by
Mica Development Llc

Purchase Details

Closed on
Mar 5, 2008
Sold by
Gp Property Inc
Bought by
Victor Llc

Purchase Details

Closed on
Jan 4, 2006
Sold by
Kerr Thomas
Bought by
Fissehazion Merry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 13, 2005
Sold by
Higgs Jeff and Higgs Leslie
Bought by
Fiesta Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 28, 2005
Sold by
Maxum Properties Llc
Bought by
Higgs Jeff and Higgs Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 5, 2005
Sold by
Lavagna Blair
Bought by
Higgs Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,641
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 2005
Sold by
Lavagna Blair
Bought by
Blair Lavagna Llc
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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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
Berenc Andrew $189,000 Freedom Title
Berenc Andrew -- None Available
Gundersen Nicole J -- Freedom Title Llc
Link Jason A -- None Available
Mica Development Llc -- Continental Title Company
Victor Llc $70,000 Continental Title Company
Fissehazion Merry -- None Available
Gp Property Inc -- None Available
Fiesta Corp -- --
Higgs Jeff -- --
Higgs Jeffrey -- --
Blair Lavagna Llc -- Clt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berenc Andrew $141,750
Previous Owner Gundersen Nicole J $117,826
Previous Owner Fissehazion Merry $161,500
Previous Owner Higgs Jeffrey $125,641
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2018 09/05/18 Sold -- -- --
07/13/2018 07/13/18 For Sale $184,900 -- $92 / 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 $2,745 $40,120 $1,900 $38,220
2024 $2,612 $32,460 $1,900 $30,560
2023 $2,612 $32,460 $1,900 $30,560
2022 $2,382 $28,480 $1,900 $26,580
2021 $2,379 $28,480 $1,900 $26,580
2020 $2,093 $25,210 $1,900 $23,310
2019 $2,086 $25,210 $1,900 $23,310
2018 $1,927 $22,560 $1,790 $20,770
2017 $1,894 $22,550 $1,790 $20,770
2016 $1,693 $19,860 $1,790 $18,070
2015 $1,535 $19,860 $1,790 $18,070
2014 $1,488 $19,860 $1,790 $18,070
2013 -- $19,250 $1,790 $17,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18055263

MARIS MLS

APN: 5175-00-0100-0