1386 Fairmeadows Lane
St Louis, MO 63138
- 3 beds
- 1 bath
- 1,512 sqft
- 7,549 sqft lot
- $72 per sqft
- 1959 build
- – on site
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 checked:
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Checking…
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Last updated Aug 31, 2024
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MLS# 24044441 —
The Building
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Year Built:1959
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Architectural Style:Traditional
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Construction Materials:Other
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Levels:One
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Basement:Full
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Basement:true
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Above Grade Finished Area:912
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Above Grade Finished Area Source:Public Records
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Below Grade Finished Area:600
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Below Grade Finished Area Source:County Records
Interior
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Rooms Total:7
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Interior Features:Some Wood Floors
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Living Area:1512
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:Woodburning Fireplce
Financial & Terms
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Price Per SqFt:119.52
Location
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Directions:GPS
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Latitude:38.787198
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Longitude:-90.208657
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Cross Street:Redman
The Property
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Parcel Number:08E-31-0654
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Property Type:Residential
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Property Subtype:Residential
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Lot Features:Fencing, Level Lot
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Lot Size Acres:0.1733
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Lot Size Dimensions:101x76
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Lot Size SqFt:7549
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Lot Size Source:County Records
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Water Source:Public
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Waterfront:false
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Driveway:Concrete
Listing Agent
- Contact info:
- Agent phone:
- (314) 416-4288
- Office phone:
- (314) 416-4288
Taxes
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Tax Year:2023
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Tax Annual Amount:1783
Beds
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Bedrooms Total:3
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Main Level Bedrooms:3
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1
The Listing
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Disclosures:Unknown, Unincorporated
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Special Listing Conditions:None
Heating & Cooling
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Cooling:Electric
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Heating:Forced Air
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Heating:true
Utilities
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Sewer:Public Sewer
Schools
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Elementary School:Larimore Elem.
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Middle Or Junior School:Southeast Middle
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High School:Hazelwood East High
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High School District:Hazelwood
The Community
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Subdivision Name:Broadlawns 2
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Pool Private:false
Parking
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Garage:true
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Garage Spaces:1
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Attached Garage:true
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Parking Features:Attached Garage, Oversized
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Carport:false
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Covered Spaces:1
Extra Units
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Other Structures:Shed(s)
Monthly cost estimate
![1386 Fairmeadows Lane](https://images.estately.net/136_MAR24044441_0_1721073488_636x435.jpg)
Asking price
$109,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$583
|
Taxes | $148 |
Insurance | $29 |
Utilities | $160 See report |
Total | $920/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/31/24
Aug 31, 2024
|
Price Changed | MARIS | $109,000 | -1.8% |
7/30/24
Jul 30, 2024
|
Price Changed | MARIS | $111,000 | -0.9% |
7/15/24
Jul 15, 2024
|
Listed / Active | MARIS | $112,000 |