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1550 Mississippi Avenue

1550 Mississippi Avenue, Saint Louis, MO 63104
Property in Lafayette Square
Sold Jul 30, 2020
$380,000
$304,000 by Broker Solutions Inc
Mortgage Due Aug 01, 2050
Sold Dec 27, 2011
$315,000
$252,000 by Cornerstone Mortgage Inc
Mortgage Due Jan 01, 2042
Local assessors in Saint Louis, MO have categorized 1550 Mississippi Avenue as a residential type of property. The home was built in 1888 and is 136 years old. It was most recently renovated and altered in 1898. The property's lot size has been calculated to be 4,875 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 376 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1550 Mississippi Avenue has a total of 3,572 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1550 Mississippi Avenue sold most recently in Jul 27, 2020 for a total of $380,000. If you work out the math, that's approximately a cost of $106.38 per sqft. Before that, the property was also sold for $315,000 in Dec 21, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,601 in taxes each year. 1550 Mississippi Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $91,620. If we break it down further, the land itself was valued at $6,420. Improvements to the property, however, were assessed at a total of $85,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1898
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,875
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 376
  • Total Building Area: 3,572
  • Gross Building Area: 3,572
  • Building Area: 3,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARLOWS ADDN
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: C. B. 1806 MISSISSIPPI AV 37 FT 6 IN X 130 FT BARLOWS ADDN BLOCK 2 LOTS 3 & N-2

Ownership

  • Current Owner : JORDAN SAMUEL PEELE
  • Current Owner 2: GRAY MEGAN RENEE
  • Previous Owner : BEDNARSKI HANIA B
  • Previous Owner 2: SANCHEZ RAUL
  • Owner Before Previous Owner: THE ROBERT B RAMSEY REVOCABLE LIVING TRU
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: St. Louis City School District
  • School Tax School District: 10-12
  • Census Tract: 123200

Zoning

  • Zoning: B

Geography

  • Assessors Map Reference: 1806-00
  • District: WARD 6
  • Parcel: 1806-00-0150-0
  • Block: 2
  • Lot: 3
  • Municipality: ST LOUIS CITY
  • Latitude: 38.6152
  • Longitude: -90.2135

    Address

  • Full Address: 1550 Mississippi Ave
  • Address - House Number: 1550
  • Address - Street Name: Mississippi
  • Address - Suffix Type: Ave
  • State: MO
  • City Name: Saint Louis
  • Carrier Code: C019
  • 4-Digit Zip Code: 2512
  • Zip Code: 63104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,601

    Appraisal Valuation

  • Standard Deviation: 0.0397
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 37
  • Final Value: 639,000
  • High Value: 721,000
  • Low Value: 566,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jul 30, 2020
  • First Open Lien Mortgage Loan Amount: $304,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $396,947

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,620
  • Assessed Land Value: $6,420
  • Assessed Improvements Value: $85,200

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Transaction ID: 11776596769
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 07302020-0044
  • Previous Sale Recording Date: Dec 27, 2011
  • Previous Sale Contract Date: Dec 21, 2011
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Jul 30, 2020
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 27, 2011
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2042

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Frequently Asked Questions

What neighborhood is 1550 Mississippi Avenue located in?
The 1550 Mississippi Avenue is a located in the neighborhood of Lafayette Square in Lafayette Square, Saint Louis.
What is the average sales price for listings in 1550 Mississippi Avenue?
The average sales price for units in 1550 Mississippi Avenue is $0 currently.

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