Peter Lu
EXP Realty, LLC
(314) 697-1743
827 Total Sales
1 in Patch
$90,000 Price
7701 Virginia Ave Saint Louis, MO 63111
Patch Neighborhood
14
Beds
2
Baths
11,188
Sq Ft
7,013
Sq Ft Lot
Highlights
- 0.16 Acre Lot
- Brick or Stone Mason
- Forced Air Heating System
- Corner Lot
- Building Terrace
- Community Storage Space
About This Home
As of December 2021Amazing location & historically significant building w/ extra lot (7707 Virginia) included. Cash flow from day one w/ this 12 unit building in the hot "Patch" neighborhood at over a 10% Cap rate. This 2-story brick building once housed a local bakery & confectionery before being converted to residential use. There are (10) 1-bedrm units & (2) 2-bedrm units, dry basement w/ storage lockers & a huge shed currently used for storage & work shop but could easily be converted to more tenant storage or on-site laundry. All units have circuit breakers & forced air gas heat - all individually metered. Renewable silicone roof is less than 5 yrs old & shed roof is less than 2 years old, both with 10 year warranties @ install. Updates include tuck pointing, roof, (6) water heaters & interior updates. In the last 10 years - wood decks & vinyl windows. Owners have spent the last 5 years improving the property & placing solid tenants. This property is truly turn key!
Last Agent to Sell the Property
St. Louis Home Brokers License #2014017090 Listed on: 10/25/2021
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Property Details
Home Type
- Apartment
Year Built
- Built in 1893 | Remodeled
Lot Details
- 7,013 Sq Ft Lot
- Lot Dimensions are 75x140
- Corner Lot
Parking
- On-Street Parking
Home Design
- 11,188 Sq Ft Home
- Brick or Stone Mason
Schools
- Woerner Elem. Elementary School
- Lyon-Blow Middle School
- Roosevelt High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Wall Furnace
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable tv/satellite, electric, gas
- Assessor Parcel Number 3111-00-0010-0
Community Details
Overview
- 12 Units
- Low-Rise Community
Amenities
- Building Terrace
- Community Storage Space
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2016
Closed on
Aug 8, 2016
Sold by
Bought by
Seller's Agent
Mehdi Habibi
Coldwell Banker Realty - Gundaker
Buyer's Agent
Micah Vaninger
St. Louis Home Brokers
List Price
$299,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Patch, MO
-
Peter Lu
-
Krista Hartmann
Krista Hartmann
RE/MAX Results
(314) 666-8026
845 Total Sales
1 in Patch
$108,000 Price
-
Beverly Lacueva
Beverly Lacueva
Coldwell Banker Realty - Gundaker
(314) 866-9994
156 Total Sales
1 in Patch
$50,000 Price
-
Traci Palmero
Traci Palmero
RE/MAX Best Choice
(314) 408-6823
247 Total Sales
1 in Patch
$122,500 Price
-
Cort Dietz
Cort Dietz
RE/MAX Best Choice
(314) 626-8451
441 Total Sales
1 in Patch
$215,000 Price
-
Roxann Taylor
Roxann Taylor
Worth Clark Realty
(314) 916-6180
81 Total Sales
3 in Patch
$140K - $185K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $272,457 | ||
| Closed | $236,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/23/2021 12/23/21 | Sold | -- | -- | -- | |
| 10/26/2021 10/26/21 | Pending | -- | -- | -- | |
| 10/25/2021 10/25/21 | For Sale | $535,000 | +78.4% | $48 / Sq Ft | |
| 08/08/2016 08/08/16 | Sold | -- | -- | -- | View Prior Sale |
| 07/11/2016 07/11/16 | Pending | -- | -- | -- | |
| 07/05/2016 07/05/16 | For Sale | $299,900 | -- | $27 / Sq Ft |
Source: MARIS MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,494 | $67,110 | $2,340 | $64,770 |
| 2025 | $4,884 | $67,110 | $2,340 | $64,770 |
| 2024 | $4,644 | $58,350 | $2,340 | $56,010 |
| 2023 | $4,644 | $58,350 | $2,340 | $56,010 |
| 2022 | $4,403 | $53,260 | $2,340 | $50,920 |
| 2021 | $4,396 | $53,260 | $2,340 | $50,920 |
| 2020 | $4,362 | $53,260 | $2,340 | $50,920 |
| 2019 | $4,347 | $53,260 | $2,340 | $50,920 |
| 2018 | $4,484 | $53,260 | $2,340 | $50,920 |
| 2017 | $4,408 | $53,260 | $2,340 | $50,920 |
| 2016 | $3,185 | $38,000 | $2,340 | $35,660 |
| 2015 | $2,884 | $38,000 | $2,340 | $35,660 |
| 2014 | $2,882 | $38,000 | $2,340 | $35,660 |
| 2013 | -- | $38,000 | $2,340 | $35,660 |
Source: Public Records
Agents Affiliated with this Home
-
Micah Vaninger
M
Seller's Agent in 2021
Micah Vaninger
St. Louis Home Brokers
(314) 583-2687
1 in this area
1 Total Sale
-
Default Zmember
D
Buyer's Agent in 2021
Default Zmember
Zdefault Office
(314) 984-9111
6 in this area
8,149 Total Sales
-
M
Seller's Agent in 2016
Mehdi Habibi
Coldwell Banker Realty - Gundaker
Map
Source: MARIS MLS
MLS Number: MIS21076100
APN: 311100-00100
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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