$187,850 EMV

4 Beds   2 Baths   1,980 Sq. Ft.   Multi-Family
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Wellsmar Ave
Saint Louis, MO 63133

Overview

This Multi-Family is located at Wellsmar Ave, Saint Louis, MO 63133. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 4 Beds, 2 Baths , 1,980 sqft of living space.
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Status: Inactive
Listing ID: 58192258

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 1,980
  • Year Built: 1904
  • Source ID: 147490580
  • Day(s) On Site: 97
  • Subdivision: WELLS HOMESTEAD
  • Parcel Number: 16H-3-4-021-5
  • Property Type: Multi Family Dwelling
  • Recording Date: 02-25-2022
  • Owner Name: SAVING GRACE COMMUNITY SERVICES
  • Owner Mailing Address: 2670 NETHERTON DR
  • Document Book: 24885
  • Document Page: 7
  • Document Number: 0248850007

Public Records

  • Bedrooms: 4
  • Baths: 2
  • Full Baths: 2
  • Rooms: 8
  • No. of Stories: 2
  • Basement Sqft: 132
  • Air Conditioning: WALL/WINDOW UNIT
  • Exterior Wall Type: BRICK
  • Heating Type: WARM AIR
  • Land Area Sqft: 3,402
  • Year Built: 1904
  • APN: 16H-34-0215
  • Property Type: Single Family Residence
  • Township: WELLSTON
  • Front Footage: 25
  • Depth Footage: 136
  • Living Sqft: 1,980
  • Style: OLD
  • Water Type: PUBLIC
  • Subdivision: WELLS HOMESTEAD

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Wellsmar Ave located in Saint Louis, MO is $1,400/month. Comparable homes around Wellsmar Ave that are rentals have monthly ranges starting as low as $1,261 per month and as high as $1,540 per month. An owner looking to use this property as an investment could bring a return in the area of $1,261 - $1,540 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


Saint Louis, MO
Home Inspectors
Sage Inspections, LLC
Norman Tyler
314-704-6834
Kinsers Home Solutions
Charles Neil Kinser
314-420-5788
Clear Path Property Inspections, LLC
H. Tyler Mahley
314-324-5754
Evergreen Property Inspectors
Mark Horne
877-805-5255
BPG Inspection LLC
John Donjon
3142498310
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Homes On This Street
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Wellsmar Ave
Saint Louis, MO 63133

4 Beds   2 Baths   1,980 sq. ft.   Multi-Family

$187,850 EMV

Status: Inactive Listing ID: 58192258

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Wellsmar-Ave-Saint-Louis-MO-63133/58192258_lid

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