NOT LISTED FOR SALE

Estimated Value: $403,000 - $446,000

Studio
4 Baths
3,400 Sq Ft
$125/Sq Ft Est. Value

Last Sold September 08, 2022

Current estimated payment $2,510/month

Highlights

  • Deck
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Detached Garage
  • Storage Room
  • Laundry Facilities

About This Home

As of September 2022

Fully occupied, income-producing 4-family in Princeton Heights/South Hampton. Lots of historical charm with hardwood floors, and stained glass windows but with updates including central air and updated kitchens and baths. The building has been extremely well-maintained and updated over the years, such a refreshing change for an investment property! 3 CAR GARAGE Total income is $3,000/month – not including garage. Updated kitchens and baths. All units have the same finish. Updates include: copper and PVC plumbing, 96% efficient furnaces, central air, breaker boxes, flue liners, newer decks off each unit (July 2022), garage roof '15, vinyl storms over all windows. Clean dry basement. Great location - just east of Macklind. OPEN FRIDAY 8/5 3-5 PM, OPEN SUNDAY 8/7 1-3 PM

Last Agent to Sell the Property

Michael Reiser

Coldwell Banker Realty - Gundaker License #2005014909 Listed on: 08/03/2022

Coldwell Banker Realty - Gundaker

Last Buyer's Agent

Mike Shepherd

Invest St. Louis License #2010038439

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Parking

  • Detached Garage

Home Design

  • Quadruplex
  • Brick or Stone Mason

Interior Spaces

  • 3,400 Sq Ft Home
  • Storage Room
  • Basement

Outdoor Features

  • Deck

Schools

  • Buder Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

  • Forced Air Heating and Cooling System
  • 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
  • Assessor Parcel Number 5768-00-0130-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Macklind
  • Municipality Township: St. Louis City
  • Age: 94
  • Ownership: Private
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Deck, Laundry Facl-Commty, Storage Room Avail
  • Square Footage: 3400

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 3-4 Car Detached Grg

Utilities

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

Schools

  • Elementary School: Buder Elem.
  • Junior High School: Long Middle Community Ed. Center
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 40 X 120
  • Lot Sq Ft: 4800
  • Acres: 0.1102

Rental Info

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

Multi Family

  • Gross Operating Income: 36000.00
  • Units: 4
  • Total Expenses: 9576.86
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2841
  • Assessor Parcel Number: 5768-00-0130-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 7, 2022
Sold by
Wayne Jackson Long Iii Revocable Living
Bought by
Jmss Properties Llc
Seller's Agent
Michael Reiser
Coldwell Banker Realty - Gundaker
Buyer's Agent
Mike Shepherd
Invest St. Louis
List Price
$349,900
Views
3
Current Estimated Value
$425,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$260,000
Outstanding Balance
$248,499
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$176,530

Purchase Details

Closed on
May 31, 2017
Sold by
Long Wayne Jackson
Bought by
Long Wayne Jackson and Wayne Jackson Long Iii Revocable Living

Purchase Details

Listed on
Sep 12, 2016
Closed on
Oct 21, 2016
Sold by
Sanders James E
Bought by
Long Wayne Jackson
Seller's Agent
Stephanie Hug Morgan
Coldwell Banker Realty - Gundaker
Buyer's Agent
Michael Reiser
Coldwell Banker Realty - Gundaker
List Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$153,750
Interest Rate
3.44%
Mortgage Type
New Conventional
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
Jmss Properties Llc -- Investors Title
Long Wayne Jackson -- None Available
Long Wayne Jackson -- Ust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jmss Properties Llc $260,000
Previous Owner Long Wayne Jackson $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2022 09/08/22 Sold -- -- --
08/04/2022 08/04/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $349,900 +70.7% $103 / Sq Ft
10/21/2016 10/21/16 Sold -- -- -- View Prior Sale
09/29/2016 09/29/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $205,000 -- $60 / 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 $3,292 $47,980 $3,040 $44,940
2024 $3,111 $38,990 $3,040 $35,950
2023 $3,111 $38,740 $3,040 $35,700
2022 $2,845 $34,080 $3,040 $31,040
2021 $2,841 $34,080 $3,040 $31,040
2020 $2,653 $32,050 $3,040 $29,010
2019 $2,644 $32,050 $3,040 $29,010
2018 $2,300 $26,980 $2,850 $24,130
2017 $2,261 $26,980 $2,850 $24,130
2016 $1,882 $22,120 $2,850 $19,270
2015 $1,707 $22,120 $2,850 $19,270
2014 $1,679 $22,120 $2,850 $19,270
2013 -- $21,760 $2,850 $18,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22051140

MARIS MLS

APN: 5768-00-0130-0

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