Showing posts with label 3200 knapp. Show all posts
Showing posts with label 3200 knapp. Show all posts

Saturday, June 14, 2008

Daily Dose of Blairmont 101

  • 3261 Knapp Street (Dodier Investors LLC, December 2006, $29,000)

May 2008

It's a beat-up little alley house at the northern end of Old North, on the corner of Branch Street. The aerial view reveals a couple of facts not apparent from the ground, such as a third-floor roof collapse, and a completely fenced-in yard which indicates that the front house has been gone for many years.

It was condemned for demolition in 2004, but that may have been when the attached house next door came down.





It's not secured; it's not weathertight. It's Blairmont. No surprises there.

Price bounce: Sold in September 2006 for $1,500. Sold again in December 2006 for $29,000. Man, I wish I could sell stuff for a 2,000% markup.

Monday, June 09, 2008

Daily Dose of Blairmont 97

    Left and right:
  • 3242 N. Knapp Street (Dodier Investors LLC, October 2006, $35,000)
  • 3240 N. Knapp Street (Dodier Investors LLC, October 2006, $20,000)

May 2008

This pair of battered frame houses, covered with asphalt shingle siding, stands in the northern reaches of Old North St. Louis.




The left-hand house is a bit more than meets the eye -- there's an oddly shaped alley house behind it, likely much older than the front house. It very nearly butts up against another back-lot house, which is undergoing total renovation by an enterprising local resident.



Some strange doings in the sales history. Both properties were briefly held by a Patrick Noble before being sold to N & G Ventures. "Noble" just happens to be another of Blairmont's pseudonyms. Coincidence? There are just too many "coincidences" surrounding Paul McKee's properties for any of them to be very believable.
  • September 2005: $7,960 for multiple locations (3240, 3242), to Patrick Noble
  • June 2006: $20,000 for multiple locations (3240 only)
  • October 2006: $35,000 (3240); $20,000 (3242); both to N & G Ventures
A bookkeeping error? Mmmaybe. Maybe not.



With the sheer number of Blairmont houses, it's getting to the point where it makes sense to just cover an entire block at a time. So, here's...
  • 3248 Knapp Street (N & G Ventures LLC, March 2006, $14,700)


It was bought by the CIT Group in foreclosure in 2005, and soon sold to Blairmont at what appears to be a net loss. Blairmont also owns vacant lots on the same block at 3232, 3246, 3252, and 3260.