$109,000
SOLD JAN 21, 2025
Last list price

1386 Fairmeadows Ln Saint Louis, MO 63138

3 Beds
1 Bath
1,512 Sq Ft
7,549 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

123 Days on Market

Highlights

  • Traditional Architecture
  • Oversized Parking
  • Shed
  • 1 Car Attached Garage
  • Cooling Available
  • 1-Story Property

About This Home

As of January 2025

Investment Opportunity: Charming ranch-style home on a level lot, currently occupied by a long-term tenant paying $1,050/month—well below market rent (other 3 bed homes in this area can get $1300/month.) This well-maintained property features an updated HVAC system, spacious room sizes, and a fully finished lower level with additional sleeping areas. The updated kitchen and bathroom, along with hardwood flooring throughout, add to its appeal. Enjoy the private fenced backyard with a paver patio, deck, and shed. An extra-wide driveway and oversized garage complete the package. This property offers immediate cash flow with room for rental income growth. Don’t miss out on this promising investment!

Last Agent to Sell the Property

Steve LoPiccolo

American Realty Group License #2008013391 Listed on: 07/15/2024

Last Buyer's Agent

Alicia Sierra

EXP Realty, LLC License #2007038794

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 1959

Lot Details

  • 7,549 Sq Ft Lot
  • Lot Dimensions are 101x76
  • Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Larimore Elem. Elementary School
  • Southeast Middle School
  • Hazelwood East High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 08E-31-0654

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,783

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Cross Street: Redman
  • Year Built: 1959
  • Directions: GPS
  • Property Sub-Type: Residential
  • ResoLotFeatures: Fencing, Level Lot
  • Lot Size Acres: 0.1733
  • Co List Office Phone: 4164288
  • Subdivision Name: Broadlawns 2
  • Above Grade Finished Sq Ft: 912
  • Architectural Style: Traditional
  • Carport Y N: No
  • Reso Fireplace Features: Woodburning Fireplce
  • Unit Levels: One
  • Age: 66
  • Special Areas: Living Room
  • Style Description: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Interior Amenities: Some Wood Floors
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600
  • Fireplaces: 1
  • Fireplace: Yes
  • Main Level Bathrooms: 1
  • Fireplace Location: Basement

Beds/Baths

  • Bedroom Description: Main Floor Primary

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Unincorporated
  • Construction Type: Other
  • Other Structures: Shed(s)

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Attached Garage: Yes
  • Parking Features: Attached Garage, Oversized
  • Driveway: Concrete

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Larimore Elem.
  • Junior High Dist: Hazelwood
  • High School: Hazelwood East High
  • Middle Or Junior School: Southeast Middle

Lot Info

  • Lot Dimensions: 101x76
  • Lot Size Sq Ft: 7549
  • Parcel Number: 08E-31-0654

Rental Info

  • Sub Lease: 0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1783
  • Prop Asses Cty Tx: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Jan 20, 2025
Sold by
Robert & Pamela Loftus Family Trust and Loftus Robert
Bought by
Hellenic Key Holdings Llc
Seller's Agent
Steve LoPiccolo
American Realty Group
Buyer's Agent
Alicia Sierra
EXP Realty, LLC
List Price
$112,000
Views
117
Current Estimated Value
$109,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Original Mortgage
$87,200
Outstanding Balance
$86,522
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$23,421

Purchase Details

Closed on
Aug 28, 2012
Sold by
Nous Investments Llc
Bought by
Loftus Robert M and Loftus Pamela A

Purchase Details

Closed on
Dec 8, 2009
Sold by
Jrac Real Estate Investments Inc
Bought by
Nous Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2002
Sold by
Pilsing Darrell D and Fahey Pilsing Christine M
Bought by
Moughton Daniel and Moughton Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,900
Interest Rate
6%
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 Type Sale Price Title Company
Deed -- Freedom Title
Warranty Deed $37,000 Us Title Main
Corporate Deed $30,000 None Available
Warranty Deed $22,500 None Available
Warranty Deed $76,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,200 New Conventional
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Previous Owner $76,900 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2025 01/21/25 Sold -- -- --
11/15/2024 11/15/24 Pending -- -- --
08/31/2024 08/31/24 Price Changed $109,000 -1.8% $72 / Sq Ft
07/30/2024 07/30/24 Price Changed $111,000 -0.9% $73 / Sq Ft
07/15/2024 07/15/24 For Sale $112,000 -- $74 / Sq Ft
07/14/2024 07/14/24 Off Market -- -- --
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 $1,828 $20,420 $2,390 $18,030
2024 $1,828 $19,210 $1,200 $18,010
2023 $1,783 $19,210 $1,200 $18,010
2022 $1,383 $13,000 $1,600 $11,400
2021 $1,363 $13,440 $1,600 $11,840
2020 $1,210 $10,690 $1,630 $9,060
2019 $1,160 $10,690 $1,630 $9,060
2018 $1,204 $10,220 $1,290 $8,930
2017 $1,199 $10,220 $1,290 $8,930
2016 $1,295 $10,900 $2,050 $8,850
2015 $1,269 $10,900 $2,050 $8,850
2014 $1,487 $12,770 $1,500 $11,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24044441

MARIS MLS

APN: 08E-31-0654