NOT LISTED FOR SALE

508 Market St Hermann, MO 65041

Estimated Value: $160,821 - $372,000

3 Beds
2 Baths
1,800 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 09, 2016

Current estimated payment $1,915/month

196 Days on Market

Highlights

  • Enclosed Glass Porch
  • 1 Car Detached Garage
  • Built-in Bookshelves
  • Hermann High School Rated 9+
  • Ceiling height between 10 to 12 feet
  • Pocket Doors

About This Home

As of August 2016

Home, Guesthouse, Gallery, and Workshop For Sale in Hermann, MO! The current owner has beautifully renovated this 1,800 sqft historic home with hardwood floors, an updated kitchen and bathrooms, and lots of incredible little details like lighted glass cabinets nestled in the walls. Natural light radiates throughout this home! The property offers multiple opportunities as an investor. The home has been used as a 3 bed residential home as well as an art gallery. Being located in the Commercial District of Hermann, this property also holds great potential as a guest house. Attached to the home is an 800 sqft rental building with 2 large retail/office areas, a kitchen, and bathroom, and could be rented out for commercial or residential uses! Behind the home is a 2,400 sqft heated/cooled workshop with garage, bathroom, and separate electric meter. Any artist or craftsman would appreciate this property and all that it incorporates!

Last Agent to Sell the Property

Dana Poe

Trophy Properties & Auction License #2014012807 Listed on: 01/21/2016

Trophy Properties & Auction

Last Buyer's Agent

Betty Stevens

Pinnacle Real Estate License #1999113236

Home Details

Home Type

  • Single Family

Year Built

  • 1913

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 120x60
  • Historic Home

Parking

  • 1 Car Detached Garage
  • Workshop in Garage

Home Design

  • Poured Concrete

Interior Spaces

  • 1,800 Sq Ft Home
  • Built-in Bookshelves
  • Ceiling height between 10 to 12 feet
  • Pocket Doors
  • Six Panel Doors
  • Living Room

Outdoor Features

  • Enclosed Glass Porch
  • Utility Building

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

1913

Lot Details

0

Parking

1

Listing Details

  • Municipality Township: Hermann
  • Special Areas: Glass Enclosed Porch, Living Room
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1913

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven-Electric, Refrigerator
  • Basement: Poured Concrete
  • Interior Amenities: Built-In Bookcases, 10 foot ceilings, Some Wood Floors
  • Main Half Bathrooms: 1
  • Misc Features: Covered Porch, Utility Shed
  • Total Living Area: 1800.00
  • Windows/Doors: 6 Panel Door(s), Pocket Door(s)

Exterior Features

  • Exterior Features: Asbestos Shingle, Brick/Stone Msn Pred
  • Architecture: Historic

Garage/Parking

  • Garage Size: 2400 sqft
  • Garage Spaces: 1
  • Parking: Detached, Workshp/Storage Area

Utilities

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

Lot Info

  • Lot Dimensions: 120x60
  • Lot Sq Ft: 6970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Aug 5, 2016
Sold by
Droog Henricus J
Bought by
Beltran Thomas and Beltran Rosemary
Seller's Agent
Dana Poe
Trophy Properties & Auction
Buyer's Agent
Betty Stevens
Pinnacle Real Estate
List Price
$169,000
Current Estimated Value
$319,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
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
Beltran Thomas -- None Available
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2016 08/09/16 Sold -- -- --
03/25/2016 03/25/16 Price Changed $149,900 -11.3% $83 / Sq Ft
01/21/2016 01/21/16 For Sale $169,000 -- $94 / 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 $2,951 $43,450 $0 $0
2024 $2,758 $7,790 $2,668 $5,122
2023 $2,747 $39,930 $0 $0
2022 $2,654 $38,650 $0 $0
2021 $2,659 $38,652 $7,161 $31,491
2020 $2,388 $27,250 $0 $0
2019 $2,387 $27,250 $0 $0
2018 $1,841 $27,250 $0 $0
2017 $1,843 $26,880 $0 $0
2016 $1,714 $27,250 $0 $0
2015 -- $27,250 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16002659

MARIS MLS

APN: 02-7.0-36-002-004-022.000