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5303 Bermuda Drive

5303 Bermuda Drive, Saint Louis, MO 63121
Property in Normandy
Sold Apr 27, 2021
$23,000,000
$18,400,000 by Haymarket Insurnace Compnay
Mortgage
Sold Jul 07, 1998
$5,000,000
$4,000,000 by Nationsbank Na
Mortgage
5303 Bermuda Drive has been categorized by the local assessors in Saint Louis, MO as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home comes with a single bedroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 8,000 ft and across the front of the lot is 8,230 ft. The area measurement of the land has been determined as 400,621 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5303 Bermuda Drive sold most recently in Apr 16, 2021 for a total of $23,000,000. If you work out the math, that's approximately a cost of $557.01 per sqft. Before that, the property was also sold for $5,000,000 in Jan 2, 1998. 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 $83,181 in taxes each year. The initial year of tax delinquency occurred in 2021. 5303 Bermuda Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $904,120. If we break it down further, the land itself was valued at $99,750. Improvements to the property, however, were assessed at a total of $804,370. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1959
  • Effective Year Built: 1959
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 52
  • Business/Commerical Units Count: 52
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 400,621
  • Lot Size Depth Feet: 8,000
  • Lot Size Frontage Feet: 8,230
  • Total Building Area: 41,292
  • Building Area: 41,292

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FLORISSANT ROAD TERRACE
  • Land Acres: 9.197
  • Standard Land Use Code: Dormitory, group quarters (residential)
  • Legal Description 1: SECTION 24-46-6 LOC S OF BERMUDA MANOR

Ownership

  • Current Owner : SIRO PROP OAKWOOD LLC
  • Previous Owner : OAKWOOD ESTATE REALTY LLC
  • Owner Before Previous Owner: R & R BERMUDA ROAD PROPERTIES CO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Normandy School District
  • Census Tract: 212400

Zoning

  • Zoning: NU

Geography

  • Assessors Map Reference: 16-M13
  • Parcel: 13H-21-0959
  • Municipality: UNINCORPORATED SAINT LOUIS COU
  • Latitude: 38.7193
  • Longitude: -90.2969

    Address

  • Full Address: 5303 Bermuda Dr
  • Address - House Number: 5303
  • Address - Street Name: Bermuda
  • Address - Suffix Type: Dr
  • State: MO
  • City Name: Saint Louis
  • Carrier Code: C018
  • 4-Digit Zip Code: 1407
  • Zip Code: 63121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $83,181
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 123DK

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $18,400,000
  • First Open Lien Mortgage Lender: HAYMARKET INSURNACE COMPNAY
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Loan Amount: $18,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $4,758,500
  • Market Land Value: $525,000
  • Market Improvement Value: $4,233,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $904,120
  • Assessed Land Value: $99,750
  • Assessed Improvements Value: $804,370

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11846224777
  • Current Sale Price: $23,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021042700057
  • Previous Sale Recording Date: Jul 07, 1998
  • Previous Sale Contract Date: Jan 02, 1998
  • Previous Sale Amount: $5,000,000
  • Previous Sale Document Type: Re-recorded Document

    Last Sale Mortgage

  • First Mortgage Lender: HAYMARKET INSURNACE COMPNAY
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $18,400,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: NATIONSBANK NA
  • Previous Mortgage Transaction Date: Jul 07, 1998
  • Previous Mortgage Loan Amount: $4,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Normandy



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Frequently Asked Questions

What neighborhood is 5303 Bermuda Drive located in?
The 5303 Bermuda Drive is a located in the neighborhood of Normandy in Normandy, Saint Louis.
What is the average sales price for listings in 5303 Bermuda Drive?
The average sales price for units in 5303 Bermuda Drive is $0 currently.

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