NOT LISTED FOR SALE

Estimated Value: $387,000 - $1,252,335

16 Beds
4 Baths
10,296 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2018

Current estimated payment $3,821 / mo

289 Days on Market

Highlights

  • Recreation Facilities
  • Accessible Parking
  • Forced Air Heating and Cooling System

About This Home

As of February 2018

A quadruplex of very nice apartment buildings, each with the same design/floor plan with four, separately metered, 1-Bedroom, 1 Bath units in each for a total of 16 units in the complex. Built in 1987, the quadruplex sits at a fantastic location immediately across the street from the City's beautiful Willmore Park less than two blocks west of the intersection of Hampton Ave and Gravois Road with great walking scores to really good quality of life essentials all nearby. While the 4 buildings are on very similar sized adjacent lots, the sales offering is for all 4 buildings and the entire parcel set which incorporates the 4 lots plus one very small "anomaly" lot on the eastern-most segment of all the parcels combined. The financials and pro-forma analytics make this a really good investment opportunity to add to the astute investor's real estate holdings portfolio. Additional info in the supplemental documents. Per Realist/County data, each building approx 2,574sqft / 10,296sqft total

Last Agent to Sell the Property

Tom Kennedy

BTE RealT License #2005027343 Listed on: 04/14/2017

Last Buyer's Agent

Patrick Eberle

E.B.S Realty, LLC License #2021023719

Property Details

Home Type

  • Apartment

Year Built

  • 1986

Lot Details

  • 6,186

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 10,296 Sq Ft Home
  • Drapes & Rods
  • Laundry in unit

Parking

  • 1 Parking Space Included
  • Parking Lot
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Parking
  • 6,186 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas, sewer, trash removal, water

Community Details

Overview

  • 4 Buildings
  • Low-Rise Community

Recreation

  • Recreation Facilities

Security

  • Building Fire Alarm

Property Details

Home Type

Apartment

Year Built

1986

Lot Details

6,186 Sq Ft Lot

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: Gravois / Hampton
  • Municipality Township: St. Louis City
  • Age: 31
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Interior Items: Drapes/Blinds
  • Laundry: Prvt Laund all units
  • Square Footage: 10296

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: 1 Space/Unit, Accessible Parking, Parking Lot, Unassigned

Utilities

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

Lot Info

  • Lot Dimensions: varies - see supplement documents
  • Lot Number: 1
  • Lot Sq Ft: 6186
  • Location: City
  • Acres: 0.1420

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas, Sewer, Trash Removal, Water

Multi Family

  • Building Info: Fire Alarm, No Units Furnished
  • Building Number: 4
  • Bulding Exterior: Other Recreation
  • Gross Operating Income: 101491.00
  • Total Expenses: 37394.00

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 10005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Feb 13, 2018
Sold by
Willmore Properties Llc
Bought by
Parkhaven Llc
Seller's Agent
Tom Kennedy
BTE RealT
Buyer's Agent
Patrick Eberle
E.B.S Realty, LLC
List Price
$995,000
Current Estimated Value
$659,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.19%

Purchase Details

Closed on
Jun 26, 2015
Sold by
Mapleview Holdings Inc
Bought by
Willmore Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2015
Sold by
Fern Creek Properties Llc
Bought by
Mapleview Holdings Inc

Purchase Details

Closed on
Oct 27, 2006
Sold by
Orf David F and Orf Joyce A
Bought by
Ferncreek Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Hr Results Inc
Bought by
Orf David F and Orf Joyce A

Purchase Details

Closed on
Oct 10, 2002
Sold by
Orf David F and Orf Joyce A
Bought by
Hr Results Inc

Purchase Details

Closed on
Jul 26, 2000
Sold by
Dougherty Thomas
Bought by
Orf David F and Orf Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1998
Sold by
Kunkel Richard R
Bought by
Winter Village Apartments Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parkhaven Llc -- Ust
Willmore Properties Llc -- None Available
Mapleview Holdings Inc $375,000 None Available
Ferncreek Properties Llc -- Sec
Orf David F -- None Available
Hr Results Inc -- --
Orf David F -- --
Winter Village Apartments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willmore Properties Llc $628,000
Previous Owner Ferncreek Properties Llc $590,000
Previous Owner Orf David F $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold -- -- --
01/29/2018 01/29/18 Pending -- -- --
01/10/2018 01/10/18 Price Changed $925,000 -7.0% $90 / Sq Ft
01/03/2018 01/03/18 For Sale $995,000 0.0% $97 / Sq Ft
01/01/2018 01/01/18 Off Market -- -- --
09/04/2017 09/04/17 Price Changed $995,000 -5.2% $97 / Sq Ft
07/13/2017 07/13/17 Price Changed $1,050,000 -4.5% $102 / Sq Ft
06/09/2017 06/09/17 Price Changed $1,099,000 -4.4% $107 / Sq Ft
04/14/2017 04/14/17 For Sale $1,150,000 -- $112 / 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 $3,886 $56,410 $4,790 $51,620
2024 $3,696 $46,090 $4,790 $41,300
2023 $3,696 $46,090 $4,790 $41,300
2022 $3,392 $40,700 $4,790 $35,910
2021 $3,387 $40,700 $4,790 $35,910
2020 $3,144 $38,040 $4,790 $33,250
2019 $3,133 $38,040 $4,790 $33,250
2018 $2,897 $34,060 $4,100 $29,960
2017 $2,848 $34,070 $4,100 $29,960
2016 $2,551 $30,100 $4,100 $25,990
2015 $2,313 $30,090 $4,100 $25,990
2014 $2,297 $30,090 $4,100 $25,990
2013 -- $29,900 $4,100 $25,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17021658

MARIS MLS

APN: 9065-00-0180-0

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