NOT LISTED FOR SALE

Estimated Value: $229,000 - $301,000

-- Bed
4 Baths
3,536 Sq Ft
$74/Sq Ft Est. Value

Last Sold August 01, 2022

Current estimated payment $1,435/month

16 Days on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • Laundry Facilities
  • Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Hot Investment Property In South City! Operating At A 10% Cap Rate= Great Cash Flow! This Is A Fully Rented 4 Family Occupied By Nice Tenants! Solid Brick Building In Desirable Carondelet Neighborhood! All 4 Units Feature A Large Eat-In Kitchen, Spacious Living Room, Full Bathroom, And One Big Bedroom. Low Maintenance Property Already Updated To Circuit Breaker Panels, And Forced Air Heating/Air Conditioning. Tenants Love The Quiet/Convenient Location! Just 3 Blocks Away From Beautiful Carondelet Park & YMCA! Easy Access To Grocery Stores, Shopping Centers, Dining/Coffee Shops And Much More. Quick 5 Minute Commute To Downtown St. Louis. Showings will start on 6/28.

Last Agent to Sell the Property

Sara Blandino

Realty Exchange License #2012040985 Listed on: 06/26/2022

Realty Exchange

Last Buyer's Agent

Sara Blandino

Realty Exchange License #2012040985 Listed on: 06/26/2022

Realty Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $724

Year Built

  • Built in 1925

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 122x44x122x42

Parking

  • Detached Garage

Home Design

  • 3,536 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Outdoor Features

  • Deck

Schools

  • Woodward Elem. Elementary School
  • Lyon-Blow Middle School
  • Roosevelt High School

Utilities

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 2967-00-0230-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$724

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Holly Hills Ave.
  • Municipality Township: St. Louis City
  • Age: 97
  • Ownership: Private
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Deck, Laundry Facl-Commty
  • Square Footage: 3536

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1-2 Car Detached Grg

Utilities

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

Schools

  • School District: St. Louis City
  • Elementary School: Woodward Elem.
  • Middle School: Lyon-Blow Middle
  • High School: Roosevelt High
  • Elementary School: Woodward Elem.
  • Junior High School: Lyon-Blow Middle
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 122x44x122x42
  • Lot Sq Ft: 5706
  • Acres: 0.1310

Rental Info

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

Multi Family

  • Gross Operating Income: 26100.00
  • Units: 4
  • Total Expenses: 5217.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 637
  • Assessor Parcel Number: 2967-00-0230-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Jul 26, 2022
Sold by
Nigel Partee
Bought by
6427 Vermont Avenue Llc
Seller's Agent
Sara Blandino
Realty Exchange
Buyer's Agent
Sara Blandino
Realty Exchange
List Price
$209,900
Current Estimated Value
$260,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Original Mortgage
$170,000
Outstanding Balance
$163,325
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$51,005

Purchase Details

Closed on
Jul 29, 2014
Sold by
Partee Jamie
Bought by
Partee Nigel

Purchase Details

Closed on
Nov 12, 2013
Sold by
Noonan Douglas James
Bought by
Partee Nigel Coleman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
4.29%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2010
Sold by
Federal National Mortgage Association
Bought by
Noonan Douglas James

Purchase Details

Closed on
Dec 22, 2009
Sold by
Martin Matthew R
Bought by
Fannie Mae

Purchase Details

Closed on
Jan 22, 2007
Sold by
Arant Norman R
Bought by
Martin Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2006
Sold by
Blanner Richard K
Bought by
Arant Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Melvin C Ossowsky Revocable Living Trust
Bought by
Blanner Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
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
6427 Vermont Avenue Llc -- Title Partners
Partee Nigel -- Title Partners
Partee Nigel -- None Available
Partee Nigel Coleman -- None Available
Noonan Douglas James -- None Available
Fannie Mae $137,796 None Available
Martin Matthew R -- None Available
Arant Norman -- None Available
Blanner Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6427 Vermont Avenue Llc $170,000
Previous Owner Partee Nigel Coleman $117,826
Previous Owner Arant Norman $132,000
Previous Owner Blanner Richard $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold -- -- --
07/13/2022 07/13/22 Pending -- -- --
06/29/2022 06/29/22 Off Market -- -- --
06/26/2022 06/26/22 For Sale $209,900 -- $59 / 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 $724 $24,420 $1,140 $23,280
2024 $690 $8,320 $1,140 $7,180
2023 $690 $8,320 $1,140 $7,180
2022 $638 $7,380 $1,140 $6,240
2021 $637 $7,380 $1,140 $6,240
2020 $613 $7,140 $1,140 $6,000
2019 $611 $7,140 $1,140 $6,000
2018 $511 $5,740 $1,140 $4,600
2017 $503 $5,740 $1,140 $4,600
2016 $530 $5,990 $1,140 $4,850
2015 $483 $5,990 $1,140 $4,850
2014 $494 $5,990 $1,140 $4,850
2013 -- $6,140 $1,140 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22039118

MARIS MLS

APN: 2967-00-0230-0