NOT LISTED FOR SALE

Estimated Value: $214,000 - $257,000

Studio
2 Baths
3,464 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 19, 2024

Current estimated payment $1,284/month

127 Days on Market

Highlights

  • Mini Split Air Conditioners
  • Forced Air Zoned Heating and Cooling System
  • Ceiling Fan

About This Home

As of April 2024

This 3,400+ square foot 2-family has an amazing track record - proving itself to generate $36k in annual income! And, yes. I'm serious. The 1st floor Unit was just vacated at the end of February. Seller is currently showing for a new tenant for this unit, so hurry if you want the building empty! The second floor unit has an EXTRA (bed/room/office) above the stairs and is currently vacant for ease of showing - both were previously rented for $1500/month and, don't worry - both are already cleaned up and ready for you or your next tenant to move right in! Both units have been totally upgraded with flooring, paint, and tile - but it doesn't stop at "pretty" upgrades - the panels & HVACS have been recently updated also - so you don't even have to lift a finger to get that 10%(ish) cap rate flowing right into your pocket! I know you're ready to cash flow - and so is this place. ;)

Last Agent to Sell the Property

Courtney Weng

Garcia Properties License #2016030441 Listed on: 11/15/2023

Co-Listed By

Steven Weng

Garcia Properties License #2019035415

Last Buyer's Agent

Jenny Wisniewski

Landmark Realty License #475163192

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $240

Year Built

  • Built in 1902

Lot Details

  • 5,423 Sq Ft Lot
  • Lot Dimensions are 35x155

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,464 Sq Ft Home
  • Ceiling Fan

Parking

  • Dirt Driveway
  • Off-Street Parking

Schools

  • Hamilton Elem. Community Ed. Elementary School
  • Yeatman-Liddell Middle School
  • Sumner High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Zoned Heating and Cooling System

Community Details

  • Net Operating Income $29,627

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 4841-00-0370-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$240

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1902
  • Directions: GPS Friendly!
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.1245
  • Co List Office Mls Id: MARGRCA01
  • Co List Office Phone: 3530336
  • Co List Office Phone: 3530336
  • Subdivision Name: Cabanne Add
  • Above Grade Finished Sq Ft: 3464
  • Age: 122
  • PropaneTank: None
  • Total Expenses: 6373.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Storm Door(s), Some Window Treatment(s)

Exterior Features

  • Disclosures: Unknown, City, Flood Plain No, Leases Avaliable, Occupancy Perm Req, Sellers Discl. Avail
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Other
  • Driveway: Dirt

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Electric, Individual Units, Zoned
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Hamilton Elem. Community Ed.
  • Junior High Dist: St. Louis City
  • High School: Sumner High
  • Middle Or Junior School: Yeatman-Liddell Middle School

Lot Info

  • Lot Dimensions: 35x155
  • Lot Size Sq Ft: 5423
  • Parcel Number: 4841-00-0370-0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: 1 or More Vacant,Leases
  • Sub Lease: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 240
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 29627
  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Apr 15, 2024
Sold by
Pmsj Properties Llc
Bought by
Thomas Stephen
Seller's Agent
Courtney Weng
Garcia Properties
Buyer's Agent
Jenny Wisniewski
Landmark Realty
List Price
$275,000
Views
155
Current Estimated Value
$237,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.92%
Original Mortgage
$255,000
Outstanding Balance
$250,954
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
-$13,749

Purchase Details

Closed on
Apr 30, 2021
Sold by
Yousuf Mohideen
Bought by
Pmsj Properties Llc

Purchase Details

Closed on
Mar 3, 2015
Sold by
St Louis Rebuilders Llc
Bought by
Yousuf Mohideen

Purchase Details

Closed on
Nov 10, 2011
Sold by
Rehman Mohammad and Parveen Ghazala
Bought by
St Louis Rebuilders Llc

Purchase Details

Closed on
Oct 9, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rehman Mohammad and Yousuf Mohideen

Purchase Details

Closed on
May 18, 2009
Sold by
Dockett Pamela R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 26, 2007
Sold by
Cardinal Properties Of St Louis Xi Llc
Bought by
Dockett Pamela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Dothage Carl
Bought by
Cardinal Properties Of St Louis Xi Lc

Purchase Details

Closed on
Jul 5, 2000
Sold by
Henderson Sherman L
Bought by
Dothage Carl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Thomas Stephen -- None Listed On Document
Pmsj Properties Llc $195,000 Us Title
Yousuf Mohideen -- None Available
St Louis Rebuilders Llc -- None Available
Rehman Mohammad -- None Available
Federal Home Loan Mortgage Corporation $122,097 Mokan Title Services Llc
Dockett Pamela R -- None Available
Cardinal Properties Of St Louis Xi Lc -- --
Dothage Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Stephen $255,000
Previous Owner Dockett Pamela R $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold -- -- --
03/22/2024 03/22/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $275,000 0.0% $79 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/03/2024 02/03/24 Price Changed $275,000 0.0% $79 / Sq Ft
02/03/2024 02/03/24 For Sale $275,000 -8.3% $79 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $300,000 -- $87 / Sq Ft
Source: MARIS MLS

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 $598 $8,890 $670 $8,220
2024 $570 $6,810 $670 $6,140
2023 $570 $6,810 $670 $6,140
2022 $240 $2,570 $670 $1,900
2021 $240 $2,570 $670 $1,900
2020 $232 $2,490 $670 $1,820
2019 $231 $2,490 $670 $1,820
2018 $228 $2,380 $670 $1,710
2017 $225 $2,380 $670 $1,710
2016 $256 $2,720 $1,010 $1,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23068406

MARIS MLS

APN: 4841-00-0370-0