NOT LISTED FOR SALE

Estimated Value: $144,000 - $159,201

24 Beds
12 Baths
13,600 Sq Ft
$11/Sq Ft Est. Value

Last Sold October 07, 2016

Current estimated payment $955/month

237 Days on Market

About This Home

As of October 2016

Welcome to 5355 Pershing Ave in the Central West End of St Louis. This well maintained 12 unit apartment building is in the perfect location for an investor who wants to capitalize off of the booming central corridor of St Louis City. This building is only 2 blocks away from public transportation both Bus-line/Metro Link. The car ride from this building to the Campuses of Washington University and Fontbonne University are 3-5 minutes. Via the Metro Link, the campus of Washington University is only 1 stop away heading west. 3-5 minutes to the East of this building you have Barnes Jewish hospital,Washington University Medical School and all of the entertainment and fine dining along Euclid. This building is one of the last apartment buildings in the Central West End that has not been turned into Condo's. Each Unit does have a separate deed and is ready to be sold as condos if the new owner would like to.
Please view the attached video presentation of this property.

Last Agent to Sell the Property

Toyin Oduwole

Coldwell Banker Realty - Gundaker License #2011007448 Listed on: 01/23/2016

Coldwell Banker Realty - Gundaker

Last Buyer's Agent

Ethan Lewis

Sold in the Lou License #2000151722

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,695

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80x170

Parking

  • 1 Parking Space Included

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,695

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Municipality Township: St. Louis City
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Features: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1 Space/Unit

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Ford-Ford Br. Elem. Comm. Ed.
  • Middle School: Langston Middle
  • High School: Sumner High

Lot Info

  • Lot Dimensions: 80X170
  • Lot Sq Ft: 13068
  • Location: City

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric

Multi Family

  • Building Number: 1
  • Gross Operating Income: 121800.00
  • Total Expenses: 27000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2011
Sold by
Shenderov Stanley and Mats Mikhail
Bought by
Palmer Kirk M and Sim Jourdan Hong Koon
Current Estimated Value
$153,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,000
Outstanding Balance
$471,560
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$318,010
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
Palmer Kirk M -- Assured Title Company
Shenderov Stanley -- Assured Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Kirk M $686,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold -- -- --
09/17/2016 09/17/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $1,375,000 -- $101 / 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 $1,695 $19,680 -- $19,680
2024 $1,619 $18,400 -- $18,400
2023 $1,619 $18,400 $0 $18,400
2022 $1,612 $17,690 $0 $17,690
2021 $1,611 $17,690 $0 $17,690
2020 $1,599 $17,690 $0 $17,690
2019 $1,594 $17,690 $0 $17,690
2018 $1,640 $17,690 $0 $17,690
2017 $1,614 $17,690 $0 $17,690
2016 $1,245 $13,490 $0 $13,490
2015 $1,139 $13,490 $0 $13,490
2014 $1,023 $15,200 $0 $15,200
2013 -- $13,490 $0 $13,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16003640

MARIS MLS

APN: 3877-00-0420-0