Seller's Agent in 2017
Paul Cunningham
RE/MAX
(314) 406-4896
16 Total Sales
Package of 43 townhome condominium units in a 50 unit complex. Leased with stable tenancy. Majority of units have been renovated in past few years. Operating at an 8.25% cap rate on trailing 12 mos income/expenses (real expenses), 15-16% cash-on-cash returns, virtually unheard of in this very hot apartment market. Over $400,000 in recent capital improvements/renovations. Buyer will control the condo association. Very attractive townhome product, 2 bedrooms upstairs, half bath first floor, full bath 2nd floor, and a finished rec room in the private basement (which is not included in unit SqFt). Full masonry low-density duplex buildings on a cul-de-sac street, like owning your own neighborhood! Private laundry in each basement/lower level. Great central location right on the Overland/St. Ann border. Buder elementary school is 2 blocks down the street, super-convenient for tenants with kids. Will not last.
Last Agent to Sell the Property
RE/MAX Results License #2000150563 Listed on: 11/16/2016
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2017 02/10/17 | Sold | -- | -- | -- |
| 11/16/2016 11/16/16 | For Sale | $2,500,000 | -- | $66 / Sq Ft |
| 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 | $27,319 | $333,280 | $83,600 | $249,680 |
| 2024 | $27,319 | $281,200 | $20,900 | $260,300 |
| 2023 | $27,319 | $281,200 | $20,900 | $260,300 |
| 2022 | $28,963 | $281,200 | $4,240 | $276,960 |
| 2021 | $28,946 | $236,310 | $4,240 | $232,070 |
| 2020 | $26,781 | $238,700 | $4,090 | $234,610 |
| 2019 | $26,488 | $238,700 | $4,090 | $234,610 |
| 2018 | $27,118 | $219,910 | $5,020 | $214,890 |
Seller's Agent in 2017
Paul Cunningham
RE/MAX
(314) 406-4896
16 Total Sales
Seller Co-Listing Agent in 2017
Ken Aston
Berkadia Real Estate Advisors
(314) 984-5590
Source: MARIS MLS
MLS Number: MIS16079095
APN: 14L-4-2-250-1