NOT LISTED FOR SALE

Estimated Value: $418,000 - $579,000

-- Bed
4 Baths
3,584 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 20, 2023

Current estimated payment $2,918/month

73 Days on Market

About This Home

As of October 2023

All electric building generating $4,650 a month with low costs! Completely renovated 4 family with bonus apartment in the basement in the desirable 63139 zip code. All units were recently updated and construction was completed in 2020 when the basement unit was added. Units feature modern kitchens with updated cabinets, stainless steel appliances, in-unit laundry for all units with appliances included, new flooring, lighting and fans. Bathrooms are updated throughout with new vanities, toilets, flooring, shower systems. There are recently added mini-split heating and cooling for 3 of the units and the other 2 have HVAC. The electric panels, furnaces and water heaters were updated when renovated. There is plenty of off-street parking. T12 (July 1, 2022 - June 30, 2023) expenses $10,315 so if fully rented the building would generate an annual net operating income of $45,605 which is an 8.8 % cap rate. Seller is a licensed real estate agent in the State of Missouri.

Last Agent to Sell the Property

Dan Hartzke

Invest St. Louis License #2022036773 Listed on: 08/07/2023

Last Buyer's Agent

Jordan Schoen

Invest St. Louis License #2009024331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 1.24 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • 3,584 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Schools

  • Mason Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric
  • Assessor Parcel Number 5688-9-220-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,512

Year Built

Built in 1926 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Special Description: Rehabbed, Renovated
  • Age: 97
  • Year Built: 1926
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 3584

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: Mason Elem.
  • Junior High School: Long Middle Community Ed. Center
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 5,401 sqft.
  • Lot Sq Ft: 54014
  • Acres: 1.2400

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases, Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric

Multi Family

  • Gross Operating Income: 55920.00
  • Units: 5
  • Total Expenses: 10315.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2374
  • Assessor Parcel Number: 5688-9-220-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 29, 2021
Sold by
Cbliving Llc
Bought by
Investors Title Company
Seller's Agent
Jordan Schoen
Invest St. Louis
Buyer's Agent
Jordan Schoen
Invest St. Louis
List Price
$529,000
Current Estimated Value
$499,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.05%
Original Mortgage
$400,000
Outstanding Balance
$368,650
Interest Rate
3.11%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$130,370

Purchase Details

Listed on
Aug 28, 2018
Closed on
Mar 19, 2019
Sold by
The Murchel Hornburg Trust
Bought by
Cb Living Llc
Seller's Agent
Angela Kittner
Keller Williams Realty St. Louis
Buyer's Agent
Jordan Schoen
Invest St. Louis
List Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.29%
Original Mortgage
$122,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2007
Sold by
Hornburg Murchel
Bought by
Hornburg Murchael and Murchel Hornburg Trust

Purchase Details

Closed on
Apr 27, 2000
Sold by
Layton John R
Bought by
Hornburg Murchel and Hornburg Margaret
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
Investors Title Company -- New Title Company Name
Winterfell Properties Llc $500,000 Investors Title Company
Cb Living Llc $152,500 Investors Title Company
Hornburg Murchael -- None Available
Hornburg Murchel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winterfell Properties Llc $400,000
Previous Owner Cb Living Llc $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold -- -- --
10/20/2023 10/20/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $519,000 -1.9% $145 / Sq Ft
12/29/2021 12/29/21 Sold -- -- -- View Prior Sale
11/11/2021 11/11/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $529,000 +194.1% $148 / Sq Ft
03/19/2019 03/19/19 Sold -- -- -- View Prior Sale
02/20/2019 02/20/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $179,900 0.0% $70 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
11/26/2018 11/26/18 Price Changed $179,900 -5.3% $70 / Sq Ft
10/24/2018 10/24/18 Price Changed $189,900 -5.0% $73 / Sq Ft
09/15/2018 09/15/18 Price Changed $199,900 -4.8% $77 / Sq Ft
08/28/2018 08/28/18 Price Changed $210,000 +900.0% $81 / Sq Ft
08/28/2018 08/28/18 For Sale $21,000 -- $8 / 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 $3,512 $49,290 $3,270 $46,020
2024 $3,341 $41,620 $3,270 $38,350
2023 $3,341 $41,620 $3,270 $38,350
2022 $2,375 $28,390 $3,270 $25,120
2021 $2,371 $28,390 $3,270 $25,120
2020 $2,255 $27,190 $3,270 $23,920
2019 $2,247 $27,190 $3,270 $23,920
2018 $2,173 $25,480 $3,270 $22,210
2017 $2,137 $25,480 $3,270 $22,210
2016 $2,396 $28,250 $3,270 $24,990
2015 $2,172 $28,260 $3,270 $24,990
2014 $2,156 $28,260 $3,270 $24,990
2013 -- $28,070 $3,270 $24,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23047098

MARIS MLS

APN: 5688-00-0220-0