Closed MLS# 25076464

5332 Loughborough Avenue, St Louis City, MO 63109

Subdivision: Princeton Place Add

2

Bedrooms

1

Baths

988

Area (sq.ft)

$223

Cost/sq.ft

1 Story

Type

27

Days on Market
Call Agent

Description

WOWZA!! Assumable FHA mortgage at 3.25% — a rare opportunity in today’s market*. This classic Princeton Heights brick bungalow offers a welcoming front porch perfect for relaxing and enjoying the neighborhood as neighbors stroll to nearby Willmore Park and Francis Park which offer playgrounds, pickleball and tennis courts, fishing lakes and ballfields. The vibrant Hampton Avenue business district and Macklind Avenue business district are within walking distance, offering local restaurants, shops, and neighborhood favorites. Inside, the home features spacious living and dining areas, two generous bedrooms, and a large full bath showcasing original tile. Hardwood floors run throughout the main level. The kitchen offers abundant oak cabinetry and ample counter space. A side door from the kitchen leads to the fenced backyard and detached two-car garage with new siding. Unfinished dry basement awaits your finishing touches. Major updates include a newer Trane HVAC system, newer water heater, copper plumbing, and PVC waste stacks. THe roof on house and garage replaced 2025. The detached two-car garage includes a newer door and access from a clean alley. A solid home in a highly walkable neighborhood — with the added advantage of an assumable low-rate mortgage. *Buyer must qualify with note holder NEWREZ the same as any lender. Current loan balance is approximately $178,500. To assume the loan, buyer needs to have the difference between contract sales price and loan balance as their cash down payment. Buyer is allowed to get a second mortgage for any of the $40k difference through a secondary source. Must owner-occupy the property. No investors can assume this mortgage. Allow up to 60 days for loan approval and closing. Closing costs could be up to $1800 with NewRez. Principal and Interest payment would be $777 plus taxes and insurance. You can't rent for that!!!!!!!

Property Information

Original Price $ 219,900
Status Closed
MLS# 25076464
Bedrooms 2
Full baths 1
Half baths 0
Main Floor Full Baths 1
Sq. Ft. Above 988
Lot Size
Acres 0
Subdivision Princeton Place Add
Municipality St Louis City
School District St. Louis City
County St Louis City
Property Type Residential
Style 1 Story
Style Description
Transaction Type
Special Conditions Standard
Type
Building Exterior Amenities
Building Style Bungalow
Ownership Private
Special Description Standard
Appliances Some Dryer,Free-Standing Gas Range,Free-Standing Refrigerator,Washer

Additional Information

Elementary School Buder Elem.
Jr. High School Long Middle Community Ed. Center
Sr. High School Roosevelt High
Association Fee None
Architecture Bungalow
Construction Brick,Stone
Garage Spaces 2
Carport Spaces
Basement Description Full
Fireplace Type
Fireplace Location
Lot Dimensions 30 x 125
Special Areas
Cooling Central Air
Sewer Public Sewer Sewer
Heating Forced Air
Water Public
Heat Source
Kitchen
Appliances Dryer,Free-Standing Gas Range,Free-Standing Refrigerator,Washer
Dining
Interior Decor
Property Tax $2,128

Map Location

Rooms Dimensions

Room Dimensions (sq.rt)
Living Room (Level-Main) 14 x 14
Dining Room (Level-Main) 15 x 10
Kitchen (Level-Main) 13 x 8
Primary Bedroom (Level-Main) 13 x 12
Bedroom 2 (Level-Main) 11 x 11

Change History

Listing Courtesy of MORE, REALTORS - [email protected]