NOT LISTED FOR SALE

Estimated Value: $187,179 - $212,000

-- Bed
4 Baths
3,672 Sq Ft
$55/Sq Ft Est. Value

Last Sold December 08, 2023

Current estimated payment $1,237/month

79 Days on Market

About This Home

As of December 2023

Great value add property located in south city near Tower Grove Park to add to your portfolio or to get started in your real estate journey! This building offers 4 - 1 bed/1 bath units with one vacant unit that has been renovated. In addition, the HVAC systems were updated, and the roof was partially replaced where needed in 2022 as well. There are currently three units occupied at $725/mth, $465/mth, and $465/mth. Nearby 4-families have sold for an average of $291,8500. With some more updates and work you can annualize $34,800 in rent. All pics are taken of vacant units. This asset is offered along with others, ask about a package deal! SOLD AS IS.

Last Agent to Sell the Property

Alaric Jones

Invest St. Louis License #2022041979 Listed on: 09/18/2023

Last Buyer's Agent

Alaric Jones

Invest St. Louis License #2022041979 Listed on: 09/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1927

Lot Details

  • 6,186 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,672 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Schools

  • Froebel Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 1603-00-0050-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,986

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: St. Louis City
  • Age: 97
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 3672

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas
  • Cooling: 2 Window/Wall, Central-Electric, Central-Gas
  • Heating: Forced Air

Schools

  • School District: St. Louis City
  • Elementary School: Froebel Elem.
  • Middle School: Long Middle Community Ed. Center
  • High School: Roosevelt High
  • Elementary School: Froebel Elem.
  • Junior High School: Long Middle Community Ed. Center
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 0.127
  • Lot Sq Ft: 6186
  • Acres: 0.1420

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases, Month To Month
  • Tenant Pays: Electric, Gas

Multi Family

  • Units: 4
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 1766
  • Assessor Parcel Number: 1603-00-0050-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Nov 2, 2023
Sold by
Fund Delta Saint Louis Llc
Bought by
Egwuogu Chigoziri and Arabambi Philip
Seller's Agent
Alaric Jones
Invest St. Louis
Buyer's Agent
Alaric Jones
Invest St. Louis
List Price
$189,000
Views
29
Current Estimated Value
$202,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$127,050
Outstanding Balance
$124,954
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$77,591

Purchase Details

Closed on
Dec 15, 2020
Sold by
Neighborhood Properties Llc
Bought by
Fund Delta Saint Louis Llc

Purchase Details

Closed on
Dec 8, 2020
Sold by
Braveheart Investments Llc
Bought by
Neighborhood Properties Llc

Purchase Details

Closed on
Jan 16, 2006
Sold by
Land Keith M and Land Susan B
Bought by
Braveheart Investments Llc

Purchase Details

Closed on
Jun 21, 2000
Sold by
Paddy A Jacobsmeyer Stephen W
Bought by
Land Keith M and Land Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1998
Sold by
Rosenberg Ronald K and Rosenberg Janine
Bought by
Jacobsmeyer Stephen W and Mcphillips Paddy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Egwuogu Chigoziri -- Investors Title Company
Fund Delta Saint Louis Llc $1,750,000 Title Experts Llc
Neighborhood Properties Llc $654,000 Title Experts Llc
Braveheart Investments Llc -- None Available
Land Keith M -- --
Jacobsmeyer Stephen W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egwuogu Chigoziri $127,050
Previous Owner Land Keith M $76,500
Previous Owner Jacobsmeyer Stephen W $42,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold -- -- --
12/07/2023 12/07/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $189,000 -- $51 / 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 $1,986 $30,960 $1,750 $29,210
2024 $1,890 $23,390 $1,750 $21,640
2023 $1,890 $23,390 $1,750 $21,640
2022 $1,756 $20,900 $1,750 $19,150
2021 $1,753 $20,900 $1,750 $19,150
2020 $1,637 $19,650 $1,750 $17,900
2019 $1,632 $19,650 $1,750 $17,900
2018 $1,319 $16,670 $1,750 $14,920
2017 $1,297 $15,330 $1,750 $13,580
2016 $1,136 $13,220 $1,750 $11,480
2015 $1,031 $13,230 $1,750 $11,480
2014 $1,024 $13,230 $1,750 $11,480
2013 -- $13,130 $1,750 $11,380
Source: Public Records

Agents Affiliated with this Home

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Source: MARIS MLS

MLS Number: MIS23056425

MARIS MLS

APN: 1603-00-0050-0