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16235 Castlerea Blvd
Score
0
Ellisville, MO

16235 Castlerea Blvd

292K
3 bd • 2 ba • 1,120 sf

This analysis was generated on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$292,200

Price/Sq.Ft

$261

Year Built

AI Property Analysis

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

The Good

The property at 16235 Castlerea Blvd, Ellisville, MO 63021 offers several attractive features. At $260.89/sqft, it's priced approximately 15% below the average of $307/sqft for similar homes in Ellisville, suggesting good value. The 3-bedroom, 2-bathroom layout in 1,120 sqft is efficient and suitable for small families or couples. The property boasts a spacious lot with mature trees, providing natural shade and privacy - a sought-after feature in Ellisville. The two-car garage offers ample parking and storage, which is superior to many homes in the area. The well-maintained exterior with a mix of brick and siding suggests pride of ownership and potentially lower maintenance costs. The location in Ellisville provides access to highly-rated Rockwood or Parkway school districts, enhancing long-term value. Based on the median income of $98,804, this property is affordable for many local buyers, with a price-to-income ratio of about 3:1, which is considered healthy.

The Bad

The property's age is unknown, which raises concerns about potential hidden issues and upcoming major system replacements. At 1,120 sqft, it's smaller than many homes in Ellisville, which could limit its appeal to larger families. The lack of detailed information about features, utilities, and systems makes it difficult to assess the true condition and value of the property. This absence of data could indicate outdated systems or necessary upgrades. The price of $292,200, while competitive, may still be high for a home of this size without known recent upgrades or special features. The property's curb appeal, while decent, lacks standout landscaping or architectural features that could set it apart in a competitive market.

The Ugly

The unknown build year is a significant concern, as it could indicate an older home with potential structural issues, outdated electrical systems, or inefficient insulation. If the home was built before 1978, there's a risk of lead-based paint, which could require costly remediation. The property's location in Ellisville comes with specific risks: potential foundation issues due to rock formations, possible septic system (if not connected to municipal sewer), and a high deer population that could damage landscaping and increase the risk of tick-borne diseases. The area's susceptibility to development could impact future property values and quality of life. Without knowing the exact school district assignment (Rockwood or Parkway), there's uncertainty about a key factor in the property's long-term value. Lastly, while not widespread in Ellisville, the potential for the property to be in or near a floodplain cannot be ruled out without further investigation, which could lead to additional insurance costs and risks.

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 best suited for first-time homebuyers or small families with a household income around $100,000, aligning well with Ellisville's median income. It's ideal for those prioritizing a good school district and a quiet suburban lifestyle. The efficient layout and manageable size make it perfect for downsizers or retirees looking for a low-maintenance home. Investors might find it attractive for its below-market price per square foot and potential for appreciation in a desirable area. The property would appeal to nature lovers who value mature trees and possibly larger lot sizes typical in established Ellisville neighborhoods.

Not For

This property is not suitable for large families needing more than 3 bedrooms or significantly more than 1,120 sqft of living space. It's not ideal for luxury buyers seeking high-end finishes or extensive modern amenities, as the property doesn't appear to offer these features. Investors looking for immediate high rental yields might be disappointed, as the potential rental income (estimated at $1,540 for a 3-bedroom) might not provide a strong cap rate given the purchase price. Those with mobility issues should be cautious, as we don't have information about the home's accessibility features. Buyers seeking a newly built or recently renovated home should look elsewhere, as this property's unknown age and lack of listed upgrades suggest it may not meet those criteria.
Demographics
Area Median Income

$98,804

Property History

Price History
Ownership Timeline
$0Cash Purchase
Oct 16, 2008
Kevin L ClineKevin L Cline, Kevin L Cline Living Trust
Intrafamily Transfer
Non-Arm's Length Transactions

Sunlight Analysis

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Sunlight Analysis

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Financials

Monthly Costs
Market Rent (3 bed)

$890

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$292,200
Price/sqft
$261
Layout
3 bd2 ba
0

Stats in the Area

Based on 4 comparable properties nearby

Average Price

$250,875

16.5%

Your price is 16.5% above average

Median Price

$297,000

1.6%

Based on 4 recent sales

Price per Sq.Ft

$157

66.2%

Your price is 66.2% above average $/sqft

Comparable Properties

1218 Clarkson Court #1218, Ellisville, MO 63011
Price: $166,000
Sq.Ft: 1,100
Beds/Baths: 2/2
$/Sq.Ft:
$15142.2%
Sale Date: 12/3/2024
1245 Clarkson Court #1245, Ballwin, MO 63011
Price: $155,500
Sq.Ft: 950
Beds/Baths: 2/2
$/Sq.Ft:
$16437.3%
Sale Date: 12/23/2024
324 Waterside Drive, Wildwood, MO 63040
Price: $297,000
Sq.Ft: N/A
Beds/Baths: 2/2
$/Sq.Ft: N/A
Sale Date: 12/3/2024
16139 Amber Vista Drive, Ballwin, MO 63021
Price: $385,000
Sq.Ft: N/A
Beds/Baths: 2/2
$/Sq.Ft: N/A
Sale Date: 11/4/2024

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