NOT LISTED FOR SALE

5069-5071 Vernon Ave Saint Louis, MO 63113

Academy Neighborhood

Estimated Value: $95,000 - $135,000

-- Bed
1 Bath
6,200 Sq Ft
$20/Sq Ft Est. Value

Last Sold September 21, 2022

Current estimated payment $710/month

37 Days on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Balcony
  • Storage Room
  • Ceiling Fan

About This Home

As of September 2022

LOOKING FOR BACK-UP OFFER. Fantastic Multi-Family opportunity to take advantage of located just 1-mile from Forest Park. This 19th Century all brick & stone building is nestled along a tree-lined street featuring large Historical Homes & other Multi-Families. Your tenants will love Good Journey's Youth Community Garden next door & how close it is to major transportation hubs. Each unit boasts over 1,500sqft of living space that you just don't find in many rentals at this price point. There are 2- 3bed/2bath units on the lower level & 2- 3bed/1bath units w/ balconies on the upper level. Each have updated windows, gleaming hardwood floors, tall ceilings, eat-in kitchens, & spacious rooms. There is updated plumbing, electric, some A/C units & furnace, plus hot water heater. This property needs to be brought back to life but is in reach of its full Positive Cash Flow potential. It's perfect for the savvy investor looking to live in one of the units while capitalizing on the others.

Last Agent to Sell the Property

Michael Abernathy

MORE, REALTORS License #2016029697 Listed on: 06/16/2022

MORE, REALTORS

Last Buyer's Agent

Madison Kohler

Epique Realty License #2021042926

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $488

Year Built

  • Built in 1900

Lot Details

  • 7,579 Sq Ft Lot
  • Lot Dimensions are 55x137
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick or Stone Mason

Interior Spaces

  • 6,200 Sq Ft Home
  • Ceiling Fan
  • Storage Room
  • Basement

Outdoor Features

  • Balcony
  • Deck

Schools

  • Ford-Ford Br. Elem. Comm. Ed. Elementary School
  • Yeatman-Liddell Middle School
  • Sumner High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 5152-00-0420-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$488

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 122
  • Ownership: Private
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Balcony, Basement, Deck, Fencing, Storage Room Avail
  • Square Footage: 6200

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Ford-Ford Br. Elem. Comm. Ed.
  • Middle School: Yeatman-Liddell Middle School
  • High School: Sumner High
  • Elementary School: Ford-Ford Br. Elem. Comm. Ed.
  • Junior High School: Yeatman-Liddell Middle School
  • School District: St. Louis City
  • Senior High School: Sumner High

Lot Info

  • Lot Dimensions: 55X137
  • Lot Sq Ft: 7579
  • Acres: 0.1740

Rental Info

  • Tenancy Type: 1 or More Vacant, Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 39600.00
  • Units: 4
  • Total Expenses: 4687.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 474
  • Assessor Parcel Number: 5152-00-0420-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Trident Realty Investments Reo Llc
Bought by
Bl Real Estate Group Ozf Llc
Current Estimated Value
$121,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Outstanding Balance
$270,577
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
-$149,577

Purchase Details

Closed on
May 20, 2024
Sold by
Trident Realty Investments Llc
Bought by
Trident Realty Investments Reo Llc

Purchase Details

Closed on
Dec 4, 2023
Sold by
Smf Registered Services Inc
Bought by
Guardian Investment Group Llc

Purchase Details

Listed on
Jun 16, 2022
Closed on
Sep 20, 2022
Sold by
Hollywood Qozbp 1 Llc
Bought by
Guardian Investment Group Llc
Seller's Agent
Michael Abernathy
MORE, REALTORS
Buyer's Agent
Madison Kohler
Epique Realty
List Price
$180,000
Sold Price
$110,000
Premium/Discount to List
-$70,000
-38.89%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$250,400
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2020
Sold by
Rodgers Lemmie C
Bought by
Hollywood Qozbp 1 Llc

Purchase Details

Closed on
Jan 29, 2020
Sold by
Rodgers Lemmie C
Bought by
Hollywood Qozbp Llc
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
Bl Real Estate Group Ozf Llc -- True Title
Trident Realty Investments Reo Llc -- None Listed On Document
Guardian Investment Group Llc $226,830 None Listed On Document
Guardian Investment Group Llc -- Freedom Title
Hollywood Qozbp 1 Llc -- Investors Title
Hollywood Qozbp Llc $160,000 Investors Title Company
Hollywood Qozbp 1 Llc -- Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bl Real Estate Group Ozf Llc $306,000
Previous Owner Guardian Investment Group Llc $250,400
Previous Owner Rodgers Lemmie C $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold -- -- --
07/24/2022 07/24/22 Pending -- -- --
07/09/2022 07/09/22 Price Changed $160,000 -11.1% $26 / Sq Ft
06/16/2022 06/16/22 For Sale $180,000 -- $29 / 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 $488 $5,670 $1,050 $4,620
2024 $465 $5,490 $1,050 $4,440
2023 $465 $5,490 $1,050 $4,440
2022 $474 $5,400 $1,050 $4,350
2021 $474 $5,400 $1,050 $4,350
2020 $470 $5,400 $1,050 $4,350
2019 $469 $5,400 $1,050 $4,350
2018 $462 $5,150 $1,050 $4,100
2017 $454 $5,150 $1,050 $4,100
2016 $504 $5,680 $1,580 $4,100
2015 $459 $5,680 $1,580 $4,100
2014 $447 $5,680 $1,580 $4,100
2013 -- $5,530 $1,580 $3,950
Source: Public Records

Agents Affiliated with this Home

  • Michael Abernathy

    Seller's Agent in 2022

    Michael Abernathy

    MORE, REALTORS

    (314) 398-7130

    1 in this area

    193 Total Sales

    Michael Abernathy
    Section Image
  • Madison Kohler

    Buyer's Agent in 2022

    Madison Kohler

    Epique Realty

    (636) 375-8831

    1 in this area

    43 Total Sales

    Madison Kohler
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS22039366

MARIS MLS

APN: 5152-00-0420-0

Missouri St. Louis City County Saint Louis 63113 Academy

5069-5071 Vernon Ave, Saint Louis, MO

This home is located at 5069-5071 Vernon Ave, Saint Louis, MO 63113 since 16 June 2022 and is currently estimated at $121,000, approximately $19 per square foot. This property was built in 1900. 5069-5071 Vernon Ave is a home located in St. Louis City with nearby schools including Hamilton Elementary Community Education School, Sumner High School, and The Biome.

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