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18040 Panorama Drive

18040 Panorama Drive, Glencoe, MO 63038
Property in Shepherd Valley
Sold Feb 11, 2021
$1,500,000
$1,200,000 by Gershman Investment Corp
Mortgage Due Mar 01, 2051
Sold Jan 09, 2003
$1,063,500
$797,600 by Allegiant Bank
Mortgage Due Feb 01, 2033
Local assessors in Glencoe, MO have categorized 18040 Panorama Drive as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 126,629 square feet. The linear feet between the front and back of the lot was measured at 3,170 ft and the front of the lot was measured at 3,050 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 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 18040 Panorama Drive has a total of 7,722 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,200 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,049 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Lots of masonry 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 electric heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 18040 Panorama Drive was last sold in Feb 3, 2021 for $1,500,000. According to our calculations, that's $194.25 per sqft. Prior to that sales transaction, the property was sold for $1,063,500 in Jan 8, 2003. Current property owners are expected to pay $16,488 in taxes per year. The property on 18040 Panorama Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $237,310. To break that down further, the land itself was valued at $44,540. While improvements to the property were assessed at a total of $192,770. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 24
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,200
  • Garage Type: Garage
  • Garage Square Area: 1,049
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 126,629
  • Lot Size Depth Feet: 3,170
  • Lot Size Frontage Feet: 3,050
  • Total Building Area: 7,722
  • Gross Building Area: 7,722
  • Building Area: 7,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 7,722
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHEPHERD VALLEY LOTS 16 & 25 BDY ADJ
  • Land Acres: 2.907
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHEPHERD VALLEY LOTS 16 & 25 BDY ADJ LOT PT 25

Ownership

  • Current Owner : ERKER EUGENE A
  • Current Owner 2: ERKER MELISSA A
  • Previous Owner : JONES LLOYD E
  • Previous Owner 2: JONES RAMONA L
  • Owner Before Previous Owner: OWENS MARION L
  • Owner Before Previous Owner 2: OWENS KAREN J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Rockwood R-VI School District
  • Census Tract: 221626

Zoning

  • Zoning: 107NU

Geography

  • Assessors Map Reference: 31-II23
  • District: 107
  • Parcel: 22V-52-0323
  • Lot: 16,25
  • Municipality: WILDWOOD
  • Latitude: 38.6038
  • Longitude: -90.6338

    Address

  • Full Address: 18040 Panorama Dr
  • Address - House Number: 18040
  • Address - Street Name: Panorama
  • Address - Suffix Type: Dr
  • State: MO
  • City Name: Wildwood
  • Carrier Code: R002
  • 4-Digit Zip Code: 1508
  • Zip Code: 63038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,488
  • Tax Rate Code Area: 110WE

    Appraisal Valuation

  • Standard Deviation: 0.2757
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 60
  • Final Value: 1,337,992
  • High Value: 1,706,904
  • Low Value: 969,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $1,249,000
  • Market Land Value: $234,400
  • Market Improvement Value: $1,014,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,310
  • Assessed Land Value: $44,540
  • Assessed Improvements Value: $192,770

    Sales

  • Current Sale Contract Date: Feb 03, 2021
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11840339004
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021021100529
  • Previous Sale Recording Date: Jan 09, 2003
  • Previous Sale Contract Date: Jan 08, 2003
  • Previous Sale Amount: $1,063,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ALLEGIANT BANK
  • Previous Mortgage Transaction Date: Jan 09, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $797,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2033

About Ballwin



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Frequently Asked Questions

What neighborhood is 18040 Panorama Drive located in?
The 18040 Panorama Drive is a located in the neighborhood of Shepherd Valley in Ballwin, Glencoe.
What is the average sales price for listings in 18040 Panorama Drive?
The average sales price for units in 18040 Panorama Drive is $0 currently.

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