$185,000
SOLD JAN 14, 2025
Last list price
2 Beds
-- Bath
3,360 Sq Ft
5,101 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

20 Days on Market

About This Home

As of January 2025

**Incredible Investment Opportunity in St. Louis!** This 4-family building features an impressive cap rate and is perfect for savvy investors. Entire building has been updated to include new electric, new plumbing, new roof, plus tuckpointing. Three of the four units have been recently updated with modern finishes, ensuring strong rental appeal and immediate cash flow. One unit awaits your personal touch, providing a chance to increase value and rental income. Located in a desirable neighborhood with easy access to transportation, shopping, and dining, this property promises high demand from renters. Don’t miss out on this fantastic investment opportunity—schedule your showing today

Last Agent to Sell the Property

Duan Lee

Berkshire Hathaway HomeServices Select Properties License #2001010458 Listed on: 11/18/2024

Berkshire Hathaway HomeServices Select Properties

Last Buyer's Agent

Faith Hampton

Berkshire Hathaway HomeServices Select Properties License #2019019372

Berkshire Hathaway HomeServices Select Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $205

Year Built

  • Built in 1924

Lot Details

  • 5,101 Sq Ft Lot
  • Lot Dimensions are 63x81

Parking

  • On-Street Parking

Home Design

  • 3,360 Sq Ft Home
  • Brick Exterior Construction

Schools

  • Cote Brilliante Elem. Elementary School
  • Langston Middle School
  • Sumner High School

Additional Features

  • 2 Bedrooms
  • Forced Air Heating System

Community Details

  • Net Operating Income $16,295

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5930-00-0120-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$205

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Mars Place Adl
  • Year Built: 1924
  • Directions: Natural Bridge just east of Goodfellow to right on Clara to left on Palm property down on left side of street.
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.1171
  • Co List Office Phone: 8388661
  • Subdivision Name: Mars Place Add
  • Above Grade Finished Sq Ft: 3360
  • Age: 101
  • Total Expenses: 2905.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Smoke Alarm(s)
  • Total Bedrooms: 2

Exterior Features

  • Disclosures: Unknown, City, Occupancy Perm Req
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Driveway: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Cote Brilliante Elem.
  • Junior High Dist: St. Louis City
  • High School: Sumner High
  • Middle Or Junior School: Langston Middle

Lot Info

  • Lot Dimensions: 63x81
  • Lot Size Sq Ft: 5101
  • Parcel Number: 5930-00-0120-0

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: 1 or More Vacant,Month To Month

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 205

Multi Family

  • Net Operating Income: 16295
  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Jan 14, 2025
Sold by
U Holding Llc
Bought by
Evg Management Ohio Llc
Seller's Agent
Duan Lee
Berkshire Hathaway HomeServices Select Properties
Buyer's Agent
Faith Hampton
Berkshire Hathaway HomeServices Select Properties
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Views
66
Current Estimated Value
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$0
Avg. Annual Appreciation
-2.34%

Purchase Details

Listed on
Jan 23, 2015
Closed on
Mar 20, 2015
Sold by
Fannie Mae
Bought by
Cameron Sharon
Seller's Agent
Alonzo Reed
Reed, REALTORS
Buyer's Agent
CHARLES PARTEE
Innovative Realty LLC
List Price
$65,250
Sold Price
$6,500
Premium/Discount to List
-$58,750
-90.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.38%

Purchase Details

Closed on
Jan 7, 2015
Sold by
Culpepper Lawrence C and Culpepper Racheal
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 24, 2007
Sold by
Johnson Reginald
Bought by
Culpepper Lawrence C and Culpepper Racheal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2000
Sold by
Granberry G Wade
Bought by
Johnson Reginald

Purchase Details

Closed on
Jul 20, 1998
Sold by
Wade Granberry G
Bought by
Granberry G Wade G and Granberry Edythe
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Available
Trustee Deed $129,071 None Available
Warranty Deed -- Copper Land & Title
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $92,000 New Conventional
Previous Owner $11,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold -- -- --
12/09/2024 12/09/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $185,000 +183.5% $55 / Sq Ft
11/18/2024 11/18/24 Off Market -- -- --
03/20/2015 03/20/15 Sold -- -- --
03/20/2015 03/20/15 For Sale $65,250 -- $19 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
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 $214 $2,290 $380 $1,910
2024 $205 $2,220 $380 $1,840
2023 $205 $2,220 $380 $1,840
2022 $209 $2,190 $380 $1,810
2021 $209 $2,190 $380 $1,810
2020 $207 $2,190 $380 $1,810
2019 $207 $2,190 $380 $1,810
2018 $204 $2,090 $380 $1,710
2017 $201 $2,090 $380 $1,710
2016 $240 $2,530 $820 $1,710
2015 $220 $2,530 $820 $1,710
2014 $348 $4,240 $820 $3,420
2013 -- $4,220 $820 $3,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24071881

MARIS MLS

APN: 5930-00-0120-0