NOT LISTED FOR SALE

Estimated Value: $176,000 - $283,000

-- Bed
2 Baths
2,496 Sq Ft
$91/Sq Ft Est. Value

Last Sold October 09, 2020

Current estimated payment $1,458/month

5 Days on Market

Highlights

  • Detached Garage
  • Ceiling Fan
  • Laundry Facilities
  • Brick Veneer

About This Home

As of October 2020

Full leased two unit multi-family property on quiet, gorgeous street in Carondelet neighborhood. This property was rehabbed in 2014 and includes bright, open floor plans with over 1200 sq ft in each unit, hardwood flooring, updated kitchens and bathrooms, decorative fireplaces, and a bonus room in each unit that can be used as an additional bedroom or office. All mechanical systems are in serviceable condition and the sewer lateral has been replaced. The basement is large, dry, and includes four storage units, laundry hookups for each unit and ample storage space. There is a detached one car garage in the rear. First floor is leased to a long term tenant for $760/month. The second floor unit is leased for $800/month. Amazing cash flowing property ideal for an owner occupant or investor.

Last Agent to Sell the Property

Antione Lawrence

Ascend Real Estate Advisors License #2014017363 Listed on: 07/31/2020

Co-Listed By

Keaira Anderson

EXP Realty, LLC License #2017035803

Last Buyer's Agent

Mark Butler

Hybrid Real Estate License #2008019071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1923

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 456x132

Home Design

  • Quadruplex
  • Brick Veneer

Interior Spaces

  • 2,496 Sq Ft Home
  • Ceiling Fan
  • Basement

Parking

  • Detached Garage
  • Additional Parking

Schools

  • Woodward Elem. Elementary School
  • L'ouverture Middle School
  • Roosevelt High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 2867-00-0240-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,675

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 97
  • Ownership: Private
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Laundry Facility in
  • Square Footage: 2496

Exterior Features

  • Construction: Brick Veneer Decrtv, Brick Veneer Predom

Garage/Parking

  • Parking: 1-2 Car Detached Grg, Additional Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 2 Window/Wall, 3 Plus Window/Wall, Ceiling Fan
  • Heating: Radiator(s)

Schools

  • School District: St. Louis City
  • Elementary School: Woodward Elem.
  • Middle School: L'Ouverture Middle
  • High School: Roosevelt High
  • Elementary School: Woodward Elem.
  • Junior High School: L'Ouverture Middle
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 456X132
  • Lot Sq Ft: 6186
  • Acres: 0.1420

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 18720.00
  • Units: 2
  • Total Expenses: 5000.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2171
  • Assessor Parcel Number: 2867-00-0240-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Oct 2, 2020
Sold by
Kermat Enterprises Lp
Bought by
Parram Jeremy
Seller's Agent
Antione Lawrence
Ascend Real Estate Advisors
Buyer's Agent
Mark Butler
Hybrid Real Estate
List Price
$157,900
Current Estimated Value
$227,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$114,750
Outstanding Balance
$102,754
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$111,071

Purchase Details

Listed on
Dec 3, 2017
Closed on
Apr 9, 2018
Sold by
Work Gregg E and Work Warren
Bought by
Kermat Enterprises L P
Seller's Agent
Antione Lawrence
Ascend Real Estate Advisors
Buyer's Agent
Jessica Farrar
SOTO Property Solutions
List Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$70,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 16, 2008
Sold by
Work Gregg E and Work Gwendolyn
Bought by
Work Gregg E and Work Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
5.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 22, 1997
Sold by
Work Gregg E and Work Warren
Bought by
Work Gregg E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,249
Interest Rate
7.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Parram Jeremy $153,000 Ust
Parram Jeremy $152,617 None Listed On Document
Kermat Enterprises L P $134,900 None Available
Work Gregg E -- Archway Title Agency Inc
Work Gregg E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parram Jeremy $114,750
Closed Parram Jeremy $114,750
Previous Owner Kermat Enterprises L P $70,000
Previous Owner Work Gregg E $119,500
Previous Owner Work Gregg E $93,750
Previous Owner Work Gregg E $12,450
Previous Owner Work Gregg $76,947
Previous Owner Work Gregg $59,677
Previous Owner Work Gregg E $52,249
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold -- -- --
08/06/2020 08/06/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $157,900 0.0% $63 / Sq Ft
06/29/2018 06/29/18 Rented $800 0.0% --
04/09/2018 04/09/18 Sold -- -- --
04/02/2018 04/02/18 Price Changed $800 0.0% $0 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/12/2018 03/12/18 Price Changed $139,900 0.0% $56 / Sq Ft
02/02/2018 02/02/18 For Rent $850 0.0% --
12/31/2017 12/31/17 Price Changed $149,900 -6.3% $60 / Sq Ft
12/03/2017 12/03/17 For Sale $159,900 -- $64 / 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 $2,675 $38,480 $3,000 $35,480
2024 $2,545 $31,620 $3,000 $28,620
2023 $2,545 $31,620 $3,000 $28,620
2022 $2,333 $27,880 $3,000 $24,880
2021 $2,329 $27,880 $3,000 $24,880
2020 $2,179 $26,260 $3,000 $23,260
2019 $2,171 $26,260 $3,000 $23,260
2018 $1,900 $22,240 $2,570 $19,670
2017 $1,868 $22,230 $2,570 $19,670
2016 $1,936 $22,760 $2,570 $20,200
2015 $1,755 $22,770 $2,570 $20,200
2014 $1,741 $22,770 $2,570 $20,200
2013 -- $22,600 $2,570 $20,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20054708

MARIS MLS

APN: 2867-00-0240-0