NOT LISTED FOR SALE

Estimated Value: $76,000 - $545,000

20 Beds
7 Baths
1,254 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 15, 2023

Current estimated payment $2,749/month

27 Days on Market

Highlights

  • In Ground Pool
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Laundry in Utility Room

About This Home

As of May 2023

Turnkey Rented Condo package producing a 12% Cap rate with a proforma at 14.7%. Take this over and let it be your cash cow!
SIX 3bd/1.5ba units, ONE 2bd/1ba Unit. 7441 #G, 7326, 7404, 7489, 7244, 7487, and 7459. all included in the sale. Seller will not split this package. Special Sale Contracts and As-Is Offers only, or potentially commercial loans. Seller will not entertain offers with individual conventional loans. Please check supplements for additional financial details, including links to rent rolls, payment history, leases and occupancy permits. And before you ask, seller is not at all interested in seller financing or any other "creative" financing. :)

Last Agent to Sell the Property

Lynne Hart

Real Broker LLC License #2015021561 Listed on: 03/30/2023

Real Broker LLC

Last Buyer's Agent

Lynne Hart

Real Broker LLC License #2015021561 Listed on: 03/30/2023

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 1,263

HOA Fees

  • $1,628 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Fire and Smoke Detector
  • Oven or Range
  • Laundry in Utility Room

Parking

  • 1 Parking Space Included
  • Parking Lot

Schools

  • Walnut Grove Elementary School
  • Johnson Wabash Middle School
  • Mccluer High School

Utilities

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

Additional Features

  • In Ground Pool
  • Suburban Location

Community Details

  • 8 Buildings
  • 7 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 09k-61-4842

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,628 per month

Listing Details

  • Sale Includes: Building Only
  • Property Type: Multi-Family 5+
  • Type: Townhouse
  • Cross Street: Dunn
  • Municipality Township: Hazelwood
  • Age: 38
  • Ownership: Private
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Lndry Connect all Un, Prvt Laund all units
  • Square Footage Unknown: Yes

Exterior Features

  • Construction: Brick Veneer Predom, Vinyl Siding

Garage/Parking

  • Parking: 1 Space/Unit, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Association Fee: 19536
  • Association Fee Frequency: Yearly

Schools

  • Elementary School: Walnut Grove Elementary
  • Junior High School: Johnson Wabash Middle
  • School District: McCluer
  • Senior High School: McCluer

Lot Info

  • Lot Dimensions: irr
  • Location: Suburban

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Building Info: No Units Furnished, Smoke/Alarm Detector
  • Building Number: 8
  • Bulding Exterior: In Ground Pool
  • Gross Operating Income: 89040.00
  • Total Units: 7
  • Total Expenses: 23129.00

Tax Info

  • Taxes Paid: 5383
  • Assessor Parcel Number: 09k-61-4842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 15, 2023
Sold by
Northern Capital Llc
Bought by
Hazelcrest Llc
Seller's Agent
Lynne Hart
Real Broker LLC
Buyer's Agent
Lynne Hart
Real Broker LLC
List Price
$555,000
Views
332
Current Estimated Value
$197,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.58%

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 14, 2022
Sold by
Leslie Dinkins
Bought by
Title Partners Agency Llc Northern Capital Ll
Seller's Agent
Kathleen Helbig
EXP Realty, LLC
Buyer's Agent
Marinka Nekic
Keller Williams Realty St. Louis
List Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
361.43%

Purchase Details

Closed on
Apr 21, 2006
Sold by
Sanders Robert A
Bought by
Dinkins Armstrong Marian B and Dinkins Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,555
Interest Rate
9.55%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hazelcrest Llc -- Touchstone Title & Abstract
Title Partners Agency Llc Northern Capital Ll -- Title Partners
Dinkins Armstrong Marian B $66,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dinkins Armstrong Marian B $63,555
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Sold -- -- --
04/27/2023 04/27/23 Pending -- -- --
04/08/2023 04/08/23 Price Changed $555,000 0.0% $443 / Sq Ft
04/08/2023 04/08/23 For Sale $555,000 -12.6% $443 / Sq Ft
04/08/2023 04/08/23 Off Market -- -- --
03/30/2023 03/30/23 For Sale $635,000 +693.8% $506 / Sq Ft
01/14/2022 01/14/22 Sold -- -- -- View Prior Sale
12/15/2021 12/15/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $80,000 -- $64 / 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 $1,002 $15,580 $2,740 $12,840
2024 $1,002 $14,490 $1,060 $13,430
2023 $1,012 $14,490 $1,060 $13,430
2022 $701 $8,840 $950 $7,890
2021 $697 $8,840 $950 $7,890
2020 $610 $7,240 $950 $6,290
2019 $592 $7,240 $950 $6,290
2018 $501 $5,510 $1,200 $4,310
2017 $498 $5,510 $1,200 $4,310
2016 $402 $4,340 $840 $3,500
2015 $405 $4,340 $840 $3,500
2014 $728 $7,770 $1,250 $6,520
Source: Public Records

Agents Affiliated with this Home

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Source: MARIS MLS

MLS Number: MIS23016043

MARIS MLS

APN: 09K-61-4842