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119 Monica Dr
Score
0
Saint Louis, MO

119 Monica Dr

625K
4 bd • 3 ba • 2,071 sf

This analysis was generated on 1/25/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$625,000

Price/Sq.Ft

$302

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This newly constructed modern farmhouse in Sunset Hills offers exceptional value at $301.79/sqft, which is approximately 15% below the average of $355/sqft for new construction in the area. The 2,071 sqft layout is spacious and aligns with the local market average. High-end finishes including quartz countertops, custom millwork, and 9' ceilings add significant value. The property boasts a low flood risk score of 1/10, significantly better than the St. Louis average of 4/10. The 10-year structural warranty provides long-term peace of mind, potentially saving buyers $15,000-$20,000 in major repairs over the next decade. Lindbergh Sr. High School's 9/10 rating enhances long-term value, typically correlating with 5-7% higher property appreciation rates.

The Bad

The property has been on the market for 347 days, significantly above the St. Louis average of 45 days, suggesting potential overpricing or market resistance. There have been 15 price reductions totaling $74,900 (10.7% decrease) since its initial listing, indicating difficulty in finding a buyer at the desired price point. The heat risk score of 5/10 is concerning, with 7 extremely hot days per year, which could lead to higher cooling costs and potential HVAC strain. The moderate air quality risk (3/10) with 2 bad air days per year may be a concern for buyers with respiratory issues.

The Ugly

The frequent price reductions (every 2-4 weeks) suggest a desperate seller or underlying issues not apparent in the listing. This pattern often leads to buyer skepticism and can further extend time on market. The lack of year built information is a red flag, potentially hiding construction quality issues or zoning compliance problems. The dramatic price increase from $78,000 in 2022 to $699,900 in 2023 (797.3% increase) is highly unusual and warrants further investigation into potential fraud or extreme renovation costs. The estimated insurance cost of $2,250/year is 20% higher than the area average of $1,875, possibly due to the new construction or specific property features.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for buyers with household incomes above $180,000, based on a 28% front-end DTI ratio for a $500,000 mortgage. It's perfect for families seeking a move-in ready home with modern amenities and low maintenance needs. The property suits those prioritizing energy efficiency and high-end finishes. Investors could expect a potential 5.5% cap rate based on the estimated rental rate of $2,000/month for a 4-bedroom home in the area. The 10-year structural warranty makes it attractive for buyers planning long-term occupancy.

Not For

Not suitable for buyers sensitive to price negotiations, given the extensive price reduction history. The property may not appeal to those seeking historic charm or established landscaping. With a 2.5 bath configuration, it may not meet the needs of large families requiring more bathrooms. Not ideal for investors seeking immediate positive cash flow, as the high purchase price may outweigh current rental rates. Buyers concerned about extreme heat or air quality issues may want to consider alternatives with better climate risk scores.
Demographics
Area Median Income

$104,657

Property History

Price History
Ownership Timeline
$78,000Financed
Apr 26, 2022
Malibu Holdings Series Llc 119 SeriesPrestige Custom Homes Inc
Warranty Deed
Non-Residential Arm's Length Transactions
$0Cash Purchase
Jun 11, 2021
Malibu Development LlcMalibu Holding Series Llc
Quit Claim Deed
Non-Arm's Length Transactions
$23,319Cash Purchase
May 15, 2017
Beverlee SlatonMalibu Development Llc
Warranty Deed
Non-Residential Arm's Length Transactions
$0Cash Purchase
May 15, 2017
Ray V Slaton, Beverlee SlatonBeverlee Slaton
Affidavit Of Death
Non-Arm's Length Transactions
$0Cash Purchase
Dec 18, 2014
Beverlee SlatonMarcia L Koenig, Teri Schoenberg
Beneficiary Deed
Non-Arm's Length Transactions

Property Taxes

$807
2024 Tax Assessment
0.3%from previous year
Assessed Value$12,310
Tax Rate6.56%

Sunlight Analysis

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Sunlight Analysis

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Schools

Nearby school quality by education level

Middle

6.0/10
Good

High

9.0/10
Excellent

Financials

Monthly Costs
Market Rent (4 bed)

$990

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$625,000
Price/sqft
$302
Layout
4 bd3 ba
Days on market
346 daysat time of analysis

Stats in the Area

Based on 5 comparable properties nearby

Average Price

$369,245

69.3%

Your price is 69.3% above average

Median Price

$337,225

85.3%

Based on 5 recent sales

Price per Sq.Ft

$215

40.4%

Your price is 40.4% above average $/sqft

Comparable Properties

11945 Bardmont Drive, St Louis, MO 63126
Price: $545,000
Sq.Ft: 2,124
Beds/Baths: 4/3
$/Sq.Ft:
$25715.0%
Sale Date: 10/3/2024
8746 Norcross Drive, Crestwood, MO 63126
Price: $350,000
Sq.Ft: 2,014
Beds/Baths: 3/2
$/Sq.Ft:
$17442.4%
Sale Date: 11/12/2024
735 Dallwood Drive, St Louis, MO 63126
Price: $337,225
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 11/10/2024
8863 Rusdon Lane, St Louis, MO 63126
Price: $299,000
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 10/7/2024
133 Chatwood Terr, St Louis, MO 63126
Price: $315,000
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 10/7/2024

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