NOT LISTED FOR SALE

Estimated Value: $382,000 - $505,000

Studio
4 Baths
3,088 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 13, 2016

Current estimated payment $2,608/month

55 Days on Market

About This Home

As of July 2016

Updated 4-family located in the heart of St. Louis Hills, just steps from Francis Park! This building has large 1-bedroom units with hardwood floors throughout, separate living and dining rooms, kitchens with refrigerator and range, private storage space and washer dryer hookups in the basement. All units have separate HVAC systems with gas furnaces and central A/C units. Updated PVC stacks, copper plumbing, 100 amp circuit breaker boxes, storm windows, updated common halls with new ceramic tile, carpet and freshly painted walls. This fully occupied building has a great return with competitive rents and extra income from the 2+car garage of $235/mo. At list price the property operates at an 10.08% cap rate at current rates.

Last Agent to Sell the Property

David Voges

Berkshire Hathaway HomeServices Advantage License #1999030256 Listed on: 05/18/2016

Berkshire Hathaway HomeServices Advantage

Last Buyer's Agent

Mary Faser

Berkshire Hathaway HomeServices Advantage License #1999043888

Berkshire Hathaway HomeServices Advantage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1942

Parking

  • Detached Garage

Interior Spaces

  • Storage Room
  • Basement

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

1942

Lot Details

0 Sq Ft Lot

Listing Details

  • Municipality Township: St. Louis City
  • Age: 72
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Interior Features

  • Misc Features: Basement, Storage Room Avail

Exterior Features

  • Exterior Features: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 3-4 Car Detached Grg

Utilities

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

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 31200.00
  • Units: 4
  • Total Expenses: 4984.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 15, 2016
Sold by
Schillinger Robert and Schillinger Mary
Bought by
4 Lear Clover Management Llc
Seller's Agent
David Voges
Berkshire Hathaway HomeServices Advantage
Buyer's Agent
Mary Faser
Berkshire Hathaway HomeServices Advantage
List Price
$295,000
Current Estimated Value
$437,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$221,250
Outstanding Balance
$177,078
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$260,255

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 13, 2016
Sold by
Butters Kissing Company Llc
Bought by
Schillinger Robert and Schillinger Mary
Seller's Agent
David Voges
Berkshire Hathaway HomeServices Advantage
Buyer's Agent
Mary Faser
Berkshire Hathaway HomeServices Advantage
List Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Outstanding Balance
$177,078
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$260,255

Purchase Details

Closed on
Jan 13, 2012
Sold by
Simon Real Estate Llc
Bought by
Butters Kissing Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,450
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 27, 2009
Sold by
Wilson Dale E
Bought by
Simon Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
4 Lear Clover Management Llc -- None Available
Schillinger Robert $295,000 None Available
Butters Kissing Company Llc -- None Available
Simon Real Estate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schillinger Robert $221,250
Previous Owner Butters Kissing Company Llc $170,450
Previous Owner Simon Real Estate Llc $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2016 07/13/16 Sold -- -- --
05/18/2016 05/18/16 For Sale $295,000 -- $96 / Sq Ft
Source: MARIS MLS

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 $4,339 $60,360 $5,700 $54,660
2024 $4,135 $49,430 $5,700 $43,730
2023 $4,135 $49,430 $5,700 $43,730
2022 $3,642 $43,720 $5,700 $38,020
2021 $3,637 $43,720 $5,700 $38,020
2020 $3,379 $40,910 $5,700 $35,210
2019 $3,367 $40,910 $5,700 $35,210
2018 $3,213 $37,830 $5,320 $32,510
2017 $3,159 $37,830 $5,320 $32,510
2016 $2,728 $32,210 $5,320 $26,890
2015 $2,473 $32,210 $5,320 $26,890
2014 $2,443 $32,210 $5,320 $26,890
2013 -- $31,840 $5,320 $26,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16032860

MARIS MLS

APN: 6211-00-0040-0

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