NOT LISTED FOR SALE

560 Washington St Florissant, MO 63031

Estimated Value: $157,000 - $185,000

5 Beds
2 Baths
1,725 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 18, 2019

Current estimated payment $1,104/month

36 Days on Market

Highlights

  • Detached Garage
  • Ceiling Fan
  • Laundry Facilities
  • Forced Air Heating and Cooling System

About This Home

As of January 2019

I'm calling this a "detached duplex". Two similar rental homes on one lot. Both 560 and 580 Washington Street have two bedrooms, a living room, kitchen, and a bath on the main level and semi-finished upper levels. Both homes have one car detached garages behind the homes and both homes have unfinished walk-out basements. The homes rent for $700 and $600 (historic rent) and both rentals have existing tenants. The homes sit on Washington Ave for good sign exposure when you need to re-rent, and the property is adjacent to the ball fields at Combs Elementary School. The owner is selling the homes "As-is" and will provide no inspections or make repairs, but welcomes buyer’s inspections. We are allowing showings on 560 Washington, and will show 580 Washington with an accepted contract. Leases will be available upon request. Updates include some plumbing stacks, updated electric box, some new windows, some new gutters. Homes will need updating on re-renting, but great cash flow.

Last Agent to Sell the Property

Doug Meyer

Meyer Real Estate License #1999020421 Listed on: 11/02/2018

Last Buyer's Agent

Greg Rybacki

Rybo Properties, LLC License #1999014358

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,597

Year Built

  • 1940

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 106x162

Home Design

  • Duplex
  • Frame Construction
  • Asbestos Shingle Roof

Interior Spaces

  • 1,725 Sq Ft Home
  • Ceiling Fan
  • Basement

Parking

  • Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,597

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: N Jefferson Street
  • Municipality Township: Florissant
  • Age: 78
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Misc Features: Basement, Laundry Facility in
  • Square Footage: 1725

Exterior Features

  • Construction: Asbestos Shingle, Frame

Garage/Parking

  • Parking: 1-2 Car Detached Grg, Covered, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall, Ceiling Fan, Central-Electric
  • Heating: Forced Air

Schools

  • School District: Ferguson-Florissant R-II
  • Elementary School: Combs Elem.
  • Middle School: Cross Keys Middle
  • High School: Mccluer North High

Lot Info

  • Lot Dimensions: 106x162
  • Lot Sq Ft: 16945
  • Acres: 0.3890

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 15600.00
  • Units: 2
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Jan 8, 2019
Sold by
Nicholas M Lemkemann Trust
Bought by
South City Investment Properties Llc
Seller's Agent
Doug Meyer
Meyer Real Estate
Buyer's Agent
Greg Rybacki
Rybo Properties, LLC
List Price
$104,000
Current Estimated Value
$167,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$76,000
Outstanding Balance
$67,088
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$100,903
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
South City Investment Properties Llc $95,000 Security Title Ins Agcy
Nicholas M Lemkemann Trust -- Security Title Ins Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South City Investment Properties Llc $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2019 01/18/19 Sold -- -- --
01/08/2019 01/08/19 Sold -- -- -- View Prior Sale
12/09/2018 12/09/18 Pending -- -- --
12/09/2018 12/09/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $104,000 0.0% $60 / Sq Ft
11/30/2018 11/30/18 For Sale $104,000 0.0% $133 / Sq Ft
11/14/2018 11/14/18 Off Market -- -- --
11/06/2018 11/06/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $104,000 -- $60 / 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 $2,597 $42,900 $4,670 $38,230
2024 $2,597 $33,630 $3,230 $30,400
2023 $2,588 $33,630 $3,230 $30,400
2022 $1,679 $19,000 $4,670 $14,330
2021 $1,651 $24,920 $4,670 $20,250
2020 $1,662 $18,050 $4,200 $13,850
2019 $1,630 $18,050 $4,200 $13,850
2018 $1,977 $19,630 $2,320 $17,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18084728

MARIS MLS

APN: 08J-14-0923