NOT LISTED FOR SALE

Estimated Value: $233,000 - $344,000

-- Bed
1 Bath
4,020 Sq Ft
$72/Sq Ft Est. Value

Last Sold April 25, 2023

Current estimated payment $1,696/month

53 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of April 2023

What a great combo…charming & unique + $$$-maker! Formerly a mixed-use property with a commercial unit on the main floor and an owner’s unit upstairs, this property was converted to THREE 2 bed/1 bath apartments approx. 12 years ago. As part of the renovation, they were able to incorporate some of the original baking equipment into one of the units - see pics! The renovation also included updates to major components (roof, plumbing, electrical, HVAC, kitchen, baths, etc.). Located in the Historic Carondelet neighborhood and within walking distance to several desirable amenities: Upgraded YMCA Rec-Plex; Grocery & Retail Stores; Carondelet Park; Great Rivers Greenway trails; locally-owned restaurants; and public transportation. Due to their great condition & amenities, these properties easily stay rented. The neighboring three buildings are currently being rehabbed, do not miss this opportunity to be part of positive momentum by adding this stable property to your portfolio!

Last Agent to Sell the Property

Riahna Kastner

St. Louis Real Estate Society License #2009001033 Listed on: 03/02/2023

Co-Listed By

Andrew Meirink

Real Broker LLC License #2020043148

Last Buyer's Agent

Leslie Nichols

ReeceNichols Real Estate License #2018045289

ReeceNichols Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 4,199 Sq Ft Lot

Home Design

  • Triplex
  • Brick or Stone Mason

Interior Spaces

  • 4,020 Sq Ft Home
  • Ceiling Fan

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Woerner Elem. Elementary School
  • Lyon-Blow Middle School
  • 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 3080-00-0010-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Koeln St
  • Municipality Township: St. Louis City
  • Special Description: Renovated
  • Age: 100
  • Ownership: Private
  • Year Built: 1923
  • Directions: Hwy 55 to Loughborough to Right on Michigan to Property
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 4020

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 30 FT X 140 FT
  • Lot Sq Ft: 4199
  • Acres: 0.0964

Rental Info

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

Multi Family

  • Units: 3
  • Type Of Units: 3-Family

Tax Info

  • Taxes Paid: 1819
  • Assessor Parcel Number: 3080-00-0010-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Apr 25, 2023
Sold by
1767 Investments Llc
Bought by
Burns Julian and Cooper John
Seller's Agent
Riahna Kastner
St. Louis Real Estate Society
Buyer's Agent
Leslie Nichols
ReeceNichols Real Estate
List Price
$269,900
Views
113
Current Estimated Value
$289,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$196,875
Outstanding Balance
$191,403
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$97,733

Purchase Details

Closed on
Dec 20, 2019
Sold by
Integrity Investments St Louis Llc
Bought by
1767 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,551,250
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 14, 2010
Sold by
S M M M Llc
Bought by
8000 Michigan Llc

Purchase Details

Closed on
Jun 15, 2009
Sold by
Simms Benjamin J and Simms Tracy S
Bought by
S M M M Llc

Purchase Details

Closed on
May 8, 2006
Sold by
Hasco Investments Llc
Bought by
Simms Tracy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
9.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 22, 2004
Sold by
James Robert and James Serita
Bought by
Hasty Jimmy and Hasty Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1998
Sold by
Gladney Ronald
Bought by
James Robert and James Serita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.81%
Mortgage Type
Purchase Money 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
Burns Julian -- Atg Title
1767 Investments Llc $1,825,000 None Available
8000 Michigan Llc -- None Available
S M M M Llc -- None Available
Simms Tracy S -- None Available
Hasco Investments Llc -- None Available
Hasty Jimmy -- --
James Robert -- --
Gladney Ronald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Julian $196,875
Previous Owner 1767 Investments Llc $1,551,250
Previous Owner Simms Tracy S $103,500
Previous Owner Hasty Jimmy $55,250
Previous Owner James Robert $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold -- -- --
04/25/2023 04/25/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $269,900 -- $67 / 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 $2,103 $39,010 $860 $38,150
2024 $2,001 $24,790 $860 $23,930
2023 $2,001 $24,790 $860 $23,930
2022 $1,819 $21,670 $860 $20,810
2021 $1,817 $21,670 $860 $20,810
2020 $711 $8,340 $1,430 $6,910
2019 $709 $8,340 $1,430 $6,910
2018 $730 $8,340 $1,430 $6,910
2017 $718 $8,340 $1,430 $6,910
2016 $727 $8,340 $1,430 $6,910
2015 $661 $8,340 $1,430 $6,910
2014 $661 $8,340 $1,430 $6,910
2013 -- $8,340 $1,430 $6,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23010424

MARIS MLS

APN: 3080-00-0010-1