NOT LISTED FOR SALE

Estimated Value: $418,000 - $567,000

Studio
4 Baths
3,230 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 20, 2020

Current estimated payment $2,713/month

29 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Open Lot
  • Storage Room
  • Ceiling Fan

About This Home

As of October 2020

Excellent opportunity for an owner occupant buyer or investor looking for a low risk investment. Updated all brick 4 family features 1-bedroom, 1 bath units. Each unit has a large living room, dining room, and kitchen. All units have hardwood floors throughout, nice kitchens and bathrooms. Newer windows too. The basement features private washer dryer hookups and tenant storage space. There is private parking lot for 4 cars located in the rear of the building. Updates include: new electric service and panels, new PVC plumbing, 4 new furnaces and 4 new A/C units, new water heater too. Just steps from Francis Park and Hampton/Chippewa shopping center. Great turn-key investment with a competitive cap rate. Rents substantially below market rent of $795. See Income and Expense Attachment. Don't miss your chance!!

Last Agent to Sell the Property

David Voges

Berkshire Hathaway HomeServices Advantage License #1999030256 Listed on: 09/16/2020

Berkshire Hathaway HomeServices Advantage

Last Buyer's Agent

Stephanie Smith

Berkshire Hathaway HomeServices Advantage License #2019026761

Berkshire Hathaway HomeServices Advantage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 42x120
  • Open Lot

Home Design

  • Quadruplex
  • Brick or Stone Mason

Interior Spaces

  • 3,230 Sq Ft Home
  • Ceiling Fan
  • Storage Room
  • Laundry in unit
  • Basement

Parking

  • On-Street Parking
  • Off-Street Parking

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 5754-06-0232-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Hampton
  • Municipality Township: St. Louis City
  • Age: 75
  • Ownership: Private
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Laundry Facl-Private, Storage Room Avail
  • Square Footage: 3230

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street, On Street Parking, Open Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Ceiling Fan, 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: 42x120
  • Lot Sq Ft: 5009
  • Acres: 0.1150

Rental Info

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

Multi Family

  • Gross Operating Income: 29520.00
  • Units: 4
  • Total Expenses: 7527.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2518
  • Assessor Parcel Number: 5754-06-0232-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Ar-Ex Properties Llc
Bought by
Gateway Investment Group I Llc
Current Estimated Value
$470,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$406,617
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$63,499

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 9, 2020
Sold by
Van Doran Ii Llc
Bought by
Ar-Ex Properties Llc
Seller's Agent
David Voges
Berkshire Hathaway HomeServices Advantage
Buyer's Agent
Stephanie Smith
Berkshire Hathaway HomeServices Advantage
List Price
$379,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$303,600
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 20, 2020
Sold by
Van Doran Ii Llc
Bought by
Ar Ex Properties Llc
Seller's Agent
David Voges
Berkshire Hathaway HomeServices Advantage
Buyer's Agent
Stephanie Smith
Berkshire Hathaway HomeServices Advantage
List Price
$379,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,600
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2017
Sold by
Van Doran Properties Llc
Bought by
Van Doran Ii Llc

Purchase Details

Closed on
Apr 25, 2013
Sold by
Bowman Charles T and Bowman Kara L
Bought by
Van Doran Properties Llc

Purchase Details

Closed on
Jan 22, 2013
Sold by
S & Z Real Esate Investment Llc
Bought by
Bowman Charles T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2007
Sold by
Morris Randy and Morris Debbie J
Bought by
S & Z Real Estate Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2007
Sold by
Semmel Larry R
Bought by
Morris Debbie J and Morris Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gateway Investment Group I Llc -- Old Republic Title
Gateway Investment Group I Llc -- Old Republic Title
Ar-Ex Properties Llc $403,788 Investors Title
Ar Ex Properties Llc $379,500 Investors Title Company
Ar-Ex Properties Llc $403,788 Investors Title
Van Doran Ii Llc -- None Available
Van Doran Properties Llc -- Benchmark Title Llc
Bowman Charles T -- Ort
S & Z Real Estate Investment Llc -- None Available
Morris Debbie J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gateway Investment Group I Llc $410,000
Closed Gateway Investment Group I Llc $410,000
Previous Owner Ar-Ex Properties Llc $303,600
Previous Owner Ar-Ex Properties Llc $303,600
Previous Owner Bowman Charles T $156,750
Previous Owner S & Z Real Estate Investment Llc $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2020 10/20/20 Sold -- -- --
09/16/2020 09/16/20 For Sale $379,500 -- $117 / 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 $3,247 $47,160 $3,590 $43,570
2024 $3,088 $38,450 $3,590 $34,860
2023 $3,088 $38,450 $3,590 $34,860
2022 $2,729 $32,670 $3,590 $29,080
2021 $2,725 $32,670 $3,590 $29,080
2020 $2,527 $30,510 $3,590 $26,920
2019 $2,518 $30,510 $3,590 $26,920
2018 $2,440 $28,650 $3,590 $25,060
2017 $2,399 $28,650 $3,590 $25,060
2016 $2,348 $27,680 $3,590 $24,090
2015 $2,129 $27,680 $3,590 $24,090
2014 $2,138 $27,680 $3,590 $24,090
2013 -- $27,820 $3,590 $24,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20067413

MARIS MLS

APN: 5754-06-0232-0