NOT LISTED FOR SALE

Estimated Value: $70,374 - $633,000

45 Beds
30 Baths
1,160 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 30, 2023

Current estimated payment $1,283/month

102 Days on Market

Highlights

  • Great Room
  • Building Security System
  • Forced Air Heating and Cooling System
  • Breakfast Area or Nook
  • Laundry in Utility Room
  • Ceiling Fan

About This Home

As of November 2023

15 single family homes that were built in 2002. All are 3 bedrooms, one and a half baths. All have newer roofs and full basements. 5 vacant lots also are included in the sale. One house is vacant and does need substantial work. Homes have been well maintained. Patton Ave is one block long with a cul-de-sac so no through traffic.
Please see the brochure for all the addresses and more about the land use agreement that goes with the property. There are income restrictions for incoming residents. The restrictions end in March 2024.
Back on the market through no fault of the seller or the property. -

Last Agent to Sell the Property

Richard Sorkin

Sorkin & Associates, LLC License #1999016461 Listed on: 07/28/2023

Last Buyer's Agent

Priya Soni

The Hermann London Group LLC License #2007016833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 2002

Lot Details

  • 44

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Great Room
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Parking

  • On-Street Parking
  • Unassigned Parking

Schools

  • Laclede Elem. Elementary School
  • Yeatman-Liddell Middle School
  • Sumner High School

Utilities

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

Additional Features

  • Lot Dimensions are 60x138
  • City Lot

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 4513-01-0190-0

Community Details

Overview

  • 15 Buildings
  • 15 Units
  • Low-Rise Condominium

Security

  • Building Security System
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$354

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Cross Street: Arlington
  • Municipality Township: St. Louis City
  • Age: 21
  • Ownership: Private
  • Year Built: 2002
  • Directions: Union Ave. to MLK, west one block then north on Arlington to east on Patton. Some of the homes are on Arlington.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Items: Drapes/Blinds
  • Laundry: Prvt Laund all units
  • Square Footage Unknown: Yes

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: On Street Parking, Unassigned

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Laclede Elem.
  • Middle School: Yeatman-Liddell Middle School
  • High School: Sumner High
  • Elementary School: Laclede Elem.
  • Junior High School: Yeatman-Liddell Middle School
  • School District: St. Louis City
  • Senior High School: Sumner High

Lot Info

  • Lot Dimensions: 60x138
  • Location: City

Rental Info

  • Tenancy Type: Leases, Subsidized Rents
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Building Info: Burglar Alarm, Fire Alarm, Restriction-Occupanc, Security System, Smoke/Alarm Detector
  • Building Number: 15
  • Gross Operating Income: 163451.00
  • Total Units: 15
  • Total Expenses: 1.00

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 5563
  • Assessor Parcel Number: 4513-01-0190-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Nov 30, 2023
Sold by
Patton Avenue Homes Lp
Bought by
Vpesvm Properties Llc
Seller's Agent
Richard Sorkin
Sorkin & Associates, LLC
Buyer's Agent
Priya Soni
The Hermann London Group LLC
List Price
$825,000
Sold Price
$720,000
Premium/Discount to List
-$105,000
-12.73%
Views
85
Current Estimated Value
$226,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$493,656
Avg. Annual Appreciation
-51.69%

Purchase Details

Closed on
Jul 24, 2007
Sold by
The Land Reutilization Authority Of The
Bought by
Patton Avenue Homes Lp

Purchase Details

Closed on
Mar 25, 2002
Sold by
Land Reutilization Authority
Bought by
Patton Avenue Homes Lp
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
Vpesvm Properties Llc $720,000 None Listed On Document
Patton Avenue Homes Lp -- None Available
Patton Avenue Homes Lp $18,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold -- -- --
11/08/2023 11/08/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $825,000 -- $711 / 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 $354 $4,100 $400 $3,700
2024 $338 $3,890 $400 $3,490
2023 $338 $3,890 $400 $3,490
2022 $344 $3,820 $400 $3,420
2021 $343 $3,820 $400 $3,420
2020 $341 $3,820 $400 $3,420
2019 $340 $3,820 $400 $3,420
2018 $350 $3,820 $400 $3,420
2017 $344 $3,820 $400 $3,420
2016 $348 $3,820 $440 $3,380
2015 $318 $3,820 $440 $3,380
2014 $318 $3,820 $440 $3,380
2013 -- $3,820 $860 $2,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23044314

MARIS MLS

APN: 4513-01-0190-0