12 days on rocket

Sale Pending

3140 Magnolia Ave, Saint Louis, MO, 63118

$110,000

Home List Price

$1,306*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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3140 Magnolia Ave, Saint Louis$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1923
HeatingRadiant, Other
CoolingWindow Unit(s), Electric
MLS #24028990
Lot Size0.12 Acres
StatusSale Pending

About 3140 Magnolia Ave

Calling all savvy investors! This 4-family property nestled in Tower Grove East presents an incredible opportunity for total rehab and customization. Whether you're expanding your rental portfolio or diving into real estate investment, this gem awaits your vision. Perfectly located, it offers convenience and potential for lucrative returns. With utilities off, bring your flashlight and explore the canvas for your dream project. Sold as-is, the seller will make no repairs. Exercise caution during viewing and stay off back stairwell. Basement is currently unavailable for viewing. Don't miss out on this prime chance to transform potential into profit!

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: Homebound Realty LLC

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Radiant, Other
  • Cooling: Window Unit(s), Electric

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Shenandoah Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000

Tax Information:

  • Annual Amount: $2,165
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Saint Louis, MO.

Med. Sold Price

$217.5K

Med. Price/SqFt

$161

Avg. Days On Market

35

# of Sold Homes

251

3140 Magnolia Ave vs Saint Louis

12 DAYS ON ROCKET

-23 Days

$110,000

-$107.5K Less

KEY TAKEAWAY

This property is $107.5K less than the Median Sold Price in Saint Louis, MO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24028990

Listing Office:

  • Office Name: Homebound Realty LLC

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

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.

IDX Based on information submitted to the MLS GRID. 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.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2024, 12:23:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,165$26,090
2019$1,632$26,090
2018$1,605$19,060
2017$1,605$19,060

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-429080
2
/10
  • Shenandoah Elementary School

  • 3412 Shenandoah Ave

  • 0.31 miles

  • Public District Grades PK-6

High School

school-card-donut-429081
1
/10
  • Roosevelt High School

  • 3230 Hartford St

  • 0.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,654. Most Saint Louis, MO residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Missouri›Saint Louis›63118›3140 Magnolia Ave

This home is located at 3140 Magnolia Ave in Saint Louis, MO and zip code 63118 in the Tower Grove East neighborhood. This home, which was built in 1923, sits on a 0.12 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $110,000.

In April 2024 more than 117 listings in Saint Louis, MO were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 99 were sold below. The number of listings in Saint Louis, MO increased by 12.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $217,587, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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