NOT LISTED FOR SALE
18 Beds
12 Baths
15,050 Sq Ft
8,538 Sq Ft Lot

Sale Details

Date Sold: April 8, 2022

6 Days on Market

Highlights

  • Great Room
  • Downtown Location
  • Heating Available
  • Laundry in Utility Room

About This Home

As of April 2022

15+ cap rate & super-affordable taxes! Over $300,000 in renovations already, 6 units & level lot in a great location - this is a no-brainer. 3 beds/2 baths in each unit, plus in-unit washer/dryer hookups, master bedroom suites, walk-in closets, 14-ft ceilings, bay windows & nearly 1,100 sqft per unit. The building is a short distance from WASHU, Delmar Loop, Forest Park & across the street from a community garden. Property is likely to rent anywhere from $1,200 - $1,400/mo per unit with the right finishing touches. Over $300k in improvements including, a new TPO roof (+50 year warranty), some new window & door installation (including bay windows), nearly completed new electrical, plumbing, & framing (including passed permit for framing). The current investor also cleaned out loads of trash from the full basement, added 6 parking spots to the rear of the building, installed a temporary power pole for ease of construction, & provided all the paid receipts & lien waivers.

Last Agent to Sell the Property

Adam Droege

EXP Realty, LLC License #2012036848 Listed on: 01/25/2022

EXP Realty, LLC

Co-Listed By

Marcus Hamilton

Magnolia Real Estate License #2021028886

Last Buyer's Agent

Trevor Tune

Midland Realty Associates License #2018041288

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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1917

Lot Details

  • 8,538 Sq Ft Lot
  • Downtown Location

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 15,050 Sq Ft Home
  • Great Room
  • Laundry in Utility Room

Parking

  • 1 Parking Space Included
  • On-Street Parking
  • Parking Lot

Schools

  • Hamilton Elem. Community Ed. Elementary School
  • Langston Middle School
  • Sumner High School

Utilities

  • Heating Available
  • Electric Water Heater
  • Not Connected to Sewer

Community Details

  • 6 Units
  • Mid-Rise Community
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 3829-00-0440-0

Property Details

Home Type

Apartment

Year Built

Built in 1917

Lot Details

8,538 Sq Ft Lot

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Municipality Township: St. Louis City
  • Special Description: Rehabbed
  • Age: 105
  • Ownership: Private
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Prvt Laund all units
  • Square Footage: 15050

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: 1 Space/Unit, On Street Parking, Parking Lot

Utilities

  • Sewer: Not Connected
  • Water: Public
  • Water Heater: Electric

Schools

  • Elementary School: Hamilton Elem. Community Ed.
  • Junior High School: Langston Middle
  • School District: St. Louis City
  • Senior High School: Sumner High

Lot Info

  • Lot Dimensions: unknown
  • Lot Sq Ft: 8538
  • Location: Downtown
  • Acres: 0.1960

Rental Info

  • Tenancy Type: None

Multi Family

  • Building Info: No Units Furnished, Restriction-Occupanc
  • Building Number: 1
  • Total Units: 6

Tax Info

  • Taxes Paid: 627
  • Assessor Parcel Number: 3829-00-0440-0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Apr 8, 2022
Sold by
Mabs Llc
Bought by
Seller's Agent
Adam Droege
EXP Realty, LLC
Buyer's Agent
Trevor Tune
Midland Realty Associates
List Price
$259,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$587,942
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 15, 2019
Closed on
Feb 13, 2020
Sold by
Kroner Investments Llc
Bought by
Mabs Llc
Seller's Agent
Jordan Schoen
Invest St. Louis
Buyer's Agent
Christie Lewis
Sold in the Lou
List Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.59%

Purchase Details

Closed on
May 16, 2018
Sold by
St Louis Realty Advisors Llc
Bought by
Kroner Investments Llc

Purchase Details

Closed on
May 9, 2018
Sold by
Dalcour Tonia and Betty Johnson Family Irrevocab
Bought by
St Louis Realty Advisors Llc

Purchase Details

Closed on
Jun 10, 2011
Sold by
Johnson Betty J
Bought by
Dalcour Tonia and Betty Johnson Family Irrevocab

Purchase Details

Closed on
Aug 30, 2010
Sold by
Grover Tommy
Bought by
Johnson Betty J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Continental Title
Mabs Llc $61,750 Title Partners Agency Llc
Kroner Investments Llc -- None Available
St Louis Realty Advisors Llc $15,000 None Available
Dalcour Tonia -- None Available
Johnson Betty J $500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $70,000
Open 5931 Maple Llc $640,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold -- -- --
02/01/2022 02/01/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $259,400 +275.9% $17 / Sq Ft
02/13/2020 02/13/20 Sold -- -- -- View Prior Sale
01/17/2020 01/17/20 Pending -- -- --
11/06/2019 11/06/19 Price Changed $69,000 -8.0% $11 / Sq Ft
10/15/2019 10/15/19 For Sale $75,000 -- $12 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $622 $7,260 $1,690 $5,570
2025 $636 $7,260 $1,690 $5,570
2024 $606 $7,260 $1,690 $5,570
2023 $606 $7,260 $1,690 $5,570
2022 $628 $7,260 $1,690 $5,570
2021 $627 $7,260 $1,690 $5,570
2020 $623 $7,260 $1,690 $5,570
2019 $621 $7,260 $1,690 $5,570
2018 $639 $7,260 $1,690 $5,570
2017 $629 $7,260 $1,690 $5,570
2016 $637 $7,260 $1,690 $5,570
2015 $579 $7,260 $1,690 $5,570
2014 $579 $7,260 $1,690 $5,570
2013 -- $7,260 $1,690 $5,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22004455

MARIS MLS

APN: 382900-04400

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