561 Madison St Saint Charles, MO 63301
Old Town Saint Charles NeighborhoodEstimated Value: $301,368 - $317,000
4
Beds
2
Baths
1,440
Sq Ft
$216/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wood Flooring
- Breakfast Room
- Ranch Style House
- Screened Porch
- Stainless Steel Appliances
About This Home
As of August 2023Don't miss out on this extraordinary opportunity! Imagine owning a versatile single family home that can easily be an investment house generating substantial income as well! This St. Charles gem offers tremendous potential. The upper level has been recently updated and features a delightful 2 bed/1 bath unit w/ full kitchen. The main level w/basement features another 2 bed/1 bath. This property, allows for the unique option to separate the the upper level and main level units at your discretion. The current owner has been renting each unit for $1,250 which is under market value. The units have been in high demand among traveling nurses, presenting an ideal opportunity for investors seeking lucrative returns or owner occupants desiring supplemental income. This home offers versatility and practicality. Additional features include a 1 car detached garage and a prime St. Charles location within walking distance to Main St and a quick drive to everything this community has to offer!
Last Listed By
Berkshire Hathaway HomeServices Select Properties License #2013013752 Listed on: 07/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,493
Year Built
- Built in 1935
Lot Details
- 4,948 Sq Ft Lot
- Fenced
- Level Lot
Parking
- 1 Car Detached Garage
Home Design
- Ranch Style House
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 1,440 Sq Ft Home
- Open Floorplan
- Historic or Period Millwork
- Insulated Windows
- Family Room
- Living Room
- Breakfast Room
- Combination Kitchen and Dining Room
- Screened Porch
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
- Stainless Steel Appliances
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Basement Ceilings are 8 Feet High
Home Security
- Security Lights
- Fire and Smoke Detector
Outdoor Features
- Covered Deck
- Patio
Schools
- Lincoln Elem. Elementary School
- Jefferson / Hardin Middle School
- St. Charles High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 6-009D-B187-00-0006.0000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2023
Closed on
Aug 17, 2023
Sold by
Holmes Larry F and Holmes Kay L
Bought by
Nolan Theresa R
Seller's Agent
Kyle Hannegan
Berkshire Hathaway HomeServices Select Properties
Buyer's Agent
Rick Adams
Compass Realty Group
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Total Days on Market
15
Views
332
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,342
Avg. Annual Appreciation
2.11%
Original Mortgage
$150,000
Outstanding Balance
$147,305
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$164,037
Purchase Details
Closed on
Jun 1, 2016
Sold by
Barklage Keith A
Bought by
Holmes Larry F and Holmes Kay L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Saint Charles, MO
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nolan Theresa R | -- | Title Partners | |
| Holmes Larry F | $140,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nolan Theresa R | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2023 08/17/23 | Sold | -- | -- | -- |
| 07/29/2023 07/29/23 | Pending | -- | -- | -- |
| 07/27/2023 07/27/23 | Price Changed | $300,000 | -7.7% | $208 / Sq Ft |
| 07/13/2023 07/13/23 | For Sale | $325,000 | -- | $226 / Sq Ft |
Source: MARIS MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $2,493 | $38,785 | $0 | $0 |
| 2022 | $2,392 | $34,700 | $0 | $0 |
| 2021 | $2,395 | $34,700 | $0 | $0 |
| 2020 | $2,215 | $30,819 | $0 | $0 |
| 2019 | $2,196 | $30,819 | $0 | $0 |
| 2018 | $2,008 | $26,777 | $0 | $0 |
| 2017 | $1,981 | $26,777 | $0 | $0 |
| 2016 | $2,121 | $27,659 | $0 | $0 |
| 2015 | $2,118 | $27,659 | $0 | $0 |
| 2014 | $2,163 | $27,890 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Hannegan
Seller's Agent in 2023
Kyle Hannegan
Berkshire Hathway Home Services
(636) 299-3593
38 in this area
332 Total Sales
-
Rick Adams
Buyer's Agent in 2023
Rick Adams
Compass Realty Group
(314) 616-6332
4 in this area
44 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS23036582
APN: 6-009D-B187-00-0006.0000000
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