NOT LISTED FOR SALE

Estimated Value: $388,000 - $435,466

-- Bed
4 Baths
2,788 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 21, 2020

Current estimated payment $2,402/month

6 Days on Market

About This Home

As of August 2020

Check out this updated turn-key fully rented four family in South Hampton. Building features units with hardwood floors, updated kitchens with dishwashers, completely updated bathrooms with updated title, shower system, vanity, floors. The building has central air throughout, there are newer condensers, vinyl windows, newer furnaces, PVC stacks, updated electric, private storage for tenants, washer dryer hookups for all tenants. There is a built in barbecue pit in the back yard and off street parking spots for all of the tenants. The units are rented for $775, $775, $700, $700. The building generates $2,950 a month for an annual total of $35,400, annual expenses are $7,458. There are two long term tenants of 4 and 5 years, apartments are due for a rent increase. This building has been meticulously maintained and would be a great low maintenance building for any investor or owner occupant. Please do not disturb tenants.

Last Agent to Sell the Property

Jordan Schoen

Invest St. Louis License #2009024331 Listed on: 07/08/2020

Last Buyer's Agent

Jordan Schoen

Invest St. Louis License #2009024331 Listed on: 07/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 43x110

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2,788 Sq Ft Home
  • Storage Room
  • Basement

Schools

  • Buder Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt 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 5774-00-0370-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,789

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Special Description: Rehabbed, Renovated
  • Age: 95
  • Ownership: Private
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Storage Room Avail
  • Square Footage: 2788

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: Off Street

Utilities

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

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: 43x110
  • Lot Sq Ft: 4966
  • Acres: 0.1140

Rental Info

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

Multi Family

  • Gross Operating Income: 35400.00
  • Units: 4
  • Total Expenses: 7442.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2263
  • Assessor Parcel Number: 5774-00-0370-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 26, 2020
Sold by
Cb Living Llc
Bought by
Mersil Group Llc
Seller's Agent
Jordan Schoen
Invest St. Louis
Buyer's Agent
Jordan Schoen
Invest St. Louis
List Price
$365,000
Current Estimated Value
$412,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$276,000
Outstanding Balance
$244,932
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$167,185

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 21, 2020
Sold by
Cb Living Llc
Bought by
Mersil Group Llc
Seller's Agent
Jordan Schoen
Invest St. Louis
Buyer's Agent
Jordan Schoen
Invest St. Louis
List Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$244,932
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$167,185

Purchase Details

Closed on
Feb 26, 2014
Sold by
Law Jeffrey
Bought by
Cb Living Llc

Purchase Details

Closed on
Nov 22, 2013
Sold by
Exander Properties 2 Llc
Bought by
Law Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2006
Sold by
Smothers Eric
Bought by
Exander Properties 2 Llc

Purchase Details

Closed on
May 20, 2004
Sold by
Stein Gregory G
Bought by
Smothers Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,104
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2002
Sold by
Wilsey Jeffrey D and Wilsey Cynthia L
Bought by
Stein Gregory G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1998
Sold by
Frederick Mark W
Bought by
Wilsey Jeffrey D and Wilsey Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,918
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
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
Mersil Group Llc $367,080 Investors Title
Mersil Group Llc $367,080 Investors Title
Mersil Group Llc $345,000 Investors Title Company
Cb Living Llc -- None Available
Law Jeffrey L -- Select Title Group
Exander Properties 2 Llc -- None Available
Smothers Eric -- --
Stein Gregory G -- --
Wilsey Jeffrey D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mersil Group Llc $276,000
Closed Mersil Group Llc $276,000
Previous Owner Law Jeffrey L $84,000
Previous Owner Smothers Eric $118,104
Previous Owner Stein Gregory G $135,000
Previous Owner Wilsey Jeffrey D $58,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold -- -- --
07/15/2020 07/15/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $365,000 -- $131 / 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 $2,789 $40,450 $3,100 $37,350
2024 $2,653 $32,980 $3,100 $29,880
2023 $2,653 $32,980 $3,100 $29,880
2022 $2,432 $29,080 $3,100 $25,980
2021 $2,428 $29,080 $3,100 $25,980
2020 $2,270 $27,380 $3,100 $24,280
2019 $2,263 $27,380 $3,100 $24,280
2018 $1,972 $23,090 $2,910 $20,180
2017 $1,939 $23,090 $2,910 $20,180
2016 $1,621 $19,000 $2,910 $16,090
2015 $1,470 $19,000 $2,910 $16,090
2014 $1,458 $19,000 $2,910 $16,090
2013 -- $18,850 $2,910 $15,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20048328

MARIS MLS

APN: 5774-00-0370-0