NOT LISTED FOR SALE

Estimated Value: $135,000 - $156,000

-- Bed
2 Baths
2,616 Sq Ft
$56/Sq Ft Est. Value

Last Sold March 29, 2024

Current estimated payment $795/month

71 Days on Market

About This Home

As of March 2024

Here is your chance to own a turnkey income producing property.

Occupied with great tenants, this property generates a steady and reliable rental income of $2025 per month. With great rent rolls and Section 8 approval, this property offers income-producing reality that is hard to come by.

If you're looking add it to your investment portfolio, don't miss out on the chance to own this incredible property.

Contact us today to schedule a viewing and experience all that 5923 Romaine Place has to offer.

Last Agent to Sell the Property

Jason Garcia

Quinlan Realty License #2019003914 Listed on: 01/11/2024

Last Buyer's Agent

Chris Roeseler

MORE, REALTORS License #2008025742

MORE, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $277

Year Built

  • Built in 1908

Lot Details

  • 3,071

Parking

  • On-Street Parking

Home Design

  • 2,616 Sq Ft Home
  • Brick Veneer

Schools

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

Additional Features

  • 3,071 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Net Operating Income $1,679

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 3835-05-0360-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$277

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1908
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.0705
  • Co List Office Phone: 2668484
  • Subdivision Name: Oxford Place
  • Above Grade Finished Sq Ft: 2616
  • Age: 116
  • PropaneTank: None
  • Total Expenses: 176.25
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Disclosures: Unknown, Flood Plain No, Leases Avaliable
  • Construction Type: Brick Veneer

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Driveway: Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: 105 * 30
  • Lot Size Sq Ft: 3071
  • Parcel Number: 3835-05-0360-0

Rental Info

  • Tenant Pays: Cable TV
  • Sub Lease: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 277
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 1678.75
  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Mar 29, 2024
Sold by
Tycoon Properties Series 12 Llc
Bought by
Vpd Holdings Llc
Seller's Agent
Jason Garcia
Quinlan Realty
Buyer's Agent
Chris Roeseler
MORE, REALTORS
List Price
$159,900
Views
38
Current Estimated Value
$145,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.60%

Purchase Details

Closed on
Jan 15, 2019
Sold by
Tycoon Properties Llc
Bought by
Tycoon Properties 12 Llc

Purchase Details

Closed on
Apr 4, 2017
Sold by
Tanner Kevin
Bought by
Tycoon Properties Llc

Purchase Details

Closed on
Sep 10, 2015
Sold by
Ellis Tyrone and Frazier Charles B
Bought by
Tanner Kevin

Purchase Details

Closed on
Jun 30, 2012
Sold by
Frazier Charles B
Bought by
Ellis Tyrone and Frazier Charles

Purchase Details

Closed on
Aug 10, 2001
Sold by
American Equity Mtg Inc
Bought by
Frazier Charles B

Purchase Details

Closed on
Oct 31, 2000
Sold by
Mayfield Roosevelt and Mayfield Mary Ellen
Bought by
American Equity Mtg Inc
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
Vpd Holdings Llc -- M&I Title Company, Llc
Tycoon Properties 12 Llc -- None Available
Tycoon Properties Llc -- None Available
Tanner Kevin $15,000 None Available
Ellis Tyrone -- None Available
Frazier Charles B -- --
American Equity Mtg Inc $49,852 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold -- -- --
03/22/2024 03/22/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $149,900 -6.3% $57 / Sq Ft
02/09/2024 02/09/24 For Sale $159,900 0.0% $61 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $159,900 -- $61 / 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 $285 $7,160 $320 $6,840
2024 $272 $3,070 $320 $2,750
2023 $272 $3,070 $320 $2,750
2022 $277 $3,010 $320 $2,690
2021 $276 $3,010 $320 $2,690
2020 $270 $2,960 $320 $2,640
2019 $270 $2,960 $320 $2,640
2018 $266 $2,830 $320 $2,510
2017 $262 $2,830 $320 $2,510
2016 $198 $2,030 $670 $1,370
2015 $182 $2,040 $670 $1,370
2014 $202 $2,040 $670 $1,370
2013 -- $2,300 $670 $1,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24002026

MARIS MLS

APN: 3835-05-0360-0