NOT LISTED FOR SALE

Estimated Value: $483,000 - $665,000

-- Bed
4 Baths
3,606 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 01, 2018

Current estimated payment $3,309/month

36 Days on Market

About This Home

As of March 2018

Rare opportunity to own a beautiful four-family on Robert Avenue in the heart of the Saint Louis Hills neighborhood. Situated within walking distance of Willmore Park, this turnkey investment property has never had a problem staying occupied. Currently Fully Occupied. Room to raise rents indefinitely. New roof installed in 2016 (25 year roof). Fully Updated units throughout. Extremely Well kept systems, from the furnaces to the ac units. Tuck pointing on building is in Immaculate Condition with no visible areas of concern. Newer Windows throughout building. Very Clean building, Diligently Maintained and kept. Totally Dry basement with accessible washers and dryers for tenant use.

Last Agent to Sell the Property

Clayton Novak

Platinum Realty of St. Louis License #2016041979 Listed on: 01/23/2018

Platinum Realty of St. Louis

Last Buyer's Agent

Jordan Schoen

Invest St. Louis License #2009024331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,070

Year Built

  • 1949

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 62x130
  • Open Lot

Home Design

  • 3,606 Sq Ft Home
  • Quadruplex

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,070

Year Built

1949

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 69
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Square Footage: 3606

Garage/Parking

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

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air, Individual Furnaces

Lot Info

  • Lot Dimensions: 62x130
  • Lot Sq Ft: 7013
  • Acres: 0.1610

Rental Info

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

Multi Family

  • Gross Operating Income: 34500.00
  • Units: 4
  • Total Expenses: 10000.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 1912

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Koenigsfeld Allison and Packman Joshua
Bought by
Clendenin William H and Clendenin Janet W
Current Estimated Value
$550,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$301,052
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$249,124

Purchase Details

Listed on
Jan 23, 2018
Closed on
Mar 1, 2018
Sold by
Kermat Enterprises Lp
Bought by
Packman Joshua and Koenigsfeld Allison
Seller's Agent
Clayton Novak
Platinum Realty of St. Louis
Buyer's Agent
Jordan Schoen
Invest St. Louis
List Price
$343,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$342,597
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 16, 2016
Closed on
Jul 8, 2016
Sold by
Maple Enterprises Ii Llc
Bought by
Kermat Enterprises Lp
Seller's Agent
Paul Cunningham
RE/MAX Results
Buyer's Agent
Jessica Farrar
SOTO Property Solutions
List Price
$309,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$290,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 13, 2014
Sold by
Maple Russell J and Maple Alice K
Bought by
Maple Enterprises Ii Llc

Purchase Details

Closed on
Oct 7, 2013
Sold by
London Real Estate Llc
Bought by
Maple Russell J and Maple Alice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.62%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Clendenin William H -- None Listed On Document
Clendenin William H $415,000 Us Title
Packman Joshua $354,000 Continental Title
Kermat Enterprises Lp $290,000 None Available
Maple Enterprises Ii Llc -- None Available
Maple Russell J -- Stl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clendenin William H $332,000
Previous Owner Packman Joshua $342,597
Previous Owner Kermat Enterprises Lp $290,000
Previous Owner Maple Russell J $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2018 03/01/18 Sold -- -- --
01/23/2018 01/23/18 For Sale $343,500 +11.0% $95 / Sq Ft
07/08/2016 07/08/16 Sold -- -- -- View Prior Sale
07/04/2016 07/04/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $309,500 -- $86 / 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 $5,070 $70,800 $5,890 $64,910
2024 $4,832 $57,820 $5,890 $51,930
2023 $4,832 $57,820 $5,890 $51,930
2022 $4,120 $49,500 $5,890 $43,610
2021 $4,114 $49,500 $5,890 $43,610
2020 $3,818 $46,270 $5,890 $40,380
2019 $3,804 $46,270 $5,890 $40,380
2018 $3,637 $22,760 $5,300 $17,460
2017 $1,912 $22,760 $5,300 $17,460
2016 $3,102 $36,670 $5,300 $31,370
2015 $2,811 $36,670 $5,300 $31,370
2014 $2,818 $36,670 $5,300 $31,370
2013 -- $36,780 $5,300 $31,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18004483

MARIS MLS

APN: 6351-00-0240-0