Score
0Saint Louis, MO
2031 Alameda Ave
303K
3 beds
2 baths
1,370 sqft
3 bd • 2 ba • 1,370 sf
This analysis was generated on 1/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$302,700
Price/Sq.Ft
$221
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Moderate price per square foot: The price per square foot ($220.95) is within a reasonable range for the St. Louis market, suggesting that the property is not overpriced relative to its size. This is a positive starting point for potential buyers.
• Three bedrooms and two bathrooms: The property offers a family-friendly layout with three bedrooms and two bathrooms, which can appeal to a variety of buyers, including small families or those needing extra space.
• Traditional design: The property's exterior shows a classic design with dormer windows and a covered front porch, which can attract buyers who prefer traditional architecture. This suggests a well-maintained property and established neighborhood.
• Established neighborhood feel: The presence of mature trees, sidewalks, and nearby homes suggests that the property is located in an established neighborhood with a sense of community.
• Proximity to city amenities: Located in St. Louis, the property is likely close to city amenities, such as restaurants, shops, and entertainment. This provides a convenient location for potential buyers.
The Bad
• Lack of detailed information: The absence of a property description, room details, and year built makes it difficult to assess the property's true condition and value. This lack of information increases the risk for potential buyers.
• Potential maintenance costs: Given the lack of information on the property's age and condition, there is a high likelihood of needing repairs and updates. Older homes in St. Louis often have issues with plumbing, electrical systems, and foundations.
• Higher crime rates: St. Louis has higher crime rates than other comparable cities, which may require additional security measures and higher insurance costs. This is a general concern for the city, not just this specific property.
• Unknown utility costs: The absence of utility information makes it hard to estimate monthly expenses. This makes budgeting difficult for potential buyers.
• Older home issues: Older homes in St. Louis are more likely to have issues like lead paint, asbestos, and basement flooding due to the combined sewer system.
The Ugly
• Potential for significant repairs: The lack of a known construction year and detailed property description creates a high risk of significant repair costs. Older homes in St. Louis often have issues with foundations, plumbing, electrical systems, and HVAC.
• Combined sewer system issues: The risk of basement backups during heavy rains due to the city's combined sewer system could lead to costly remediation and insurance claims. This is a recurring problem in St. Louis, and this property is not an exception.
• Older home hazards: The potential presence of lead paint and asbestos in an older home could lead to costly remediation, especially if children are involved. This is a significant health concern.
• Uncertainty around utility costs: The lack of utility information makes it difficult to budget for monthly expenses, increasing financial uncertainty for potential buyers.
• Impact of local crime rate: St. Louis's higher crime rates can affect insurance costs and property values. The specific neighborhood's crime statistics need to be investigated.
• Potential for hidden issues: Without detailed inspection reports, there could be hidden issues that are not immediately apparent, leading to unexpected and expensive repair costs after purchase.
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
• First-time homebuyers looking for a moderately priced home in St. Louis with a family-friendly layout and three bedrooms. The median income in St. Louis is $52,235, and this property's estimated monthly mortgage payment would be around $1,700-$1,800 (assuming 20% down and 7% interest rate), which is manageable for a household earning approximately $65,000+, making it suitable for those earning slightly above the median income.
• Homeowners looking for a property in a neighborhood with established infrastructure. The house appears to have well-maintained landscaping and a traditional aesthetic, suggesting a stable and established neighborhood, which might attract buyers who value consistency.
• Buyers who value a walkable neighborhood. The presence of sidewalks and the density of housing suggest a neighborhood where walking to local amenities may be possible.
• Buyers who prefer traditional architecture. The home's style, with dormer windows and a covered porch, suggests a traditional architectural style that might appeal to buyers who value classic design elements.
Not For
• Investors seeking immediate positive cash flow. The estimated mortgage payment is higher than comparable rental rates, making this property less attractive for investors.
• Buyers looking for a brand-new home. The lack of a known construction year and the style of the house suggest that it is not a new build and might require updates and repairs.
• Buyers with a very tight budget. While the price is moderate, the lack of information on the property's condition could mean unexpected costs for repairs and maintenance, making it less suitable for those with limited funds.
• Buyers who prioritize very low crime rates. St. Louis has higher crime rates than other comparable cities, so buyers seeking very low crime rates might need to look at different locations, potentially outside of the city.
Demographics
Area Median Income
$52,235
Property History
Price History
Ownership Timeline
$0Cash Purchase
Feb 29, 2024David Nease, Christine AlexanderDcn Properties Llc
Quit Claim Deed
Non-Arm's Length Transactions
$0Financed
Mar 25, 2020David Nease, Christine AlexanderDavid Nease, Christine Alexander
Intrafamily Transfer
Non-Arm's Length Transactions
$0Financed
Jun 21, 2018Martha Jo Bicknese, Martha Jo Bicknese Revocable TrustChristine Alexander, David Nease
Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jul 5, 2017Martha Jo BickneseMartha Jo Bicknese, Martha Jo Bicknese Revocable Trust
Intrafamily Transfer
Non-Arm's Length Transactions
$155,000Financed
Feb 10, 2011Robert L Sims, Karen H SimsMartha Jo Bicknese
Warranty Deed
Standard Sale (Purchase/Resales)
$158,000Financed
Jul 18, 2003Frank Bascio JrRobert L Sims, Karen H Sims
Warranty Deed
Standard Sale (Purchase/Resales)
$145,000Financed
Jun 14, 2002Mary Alice Robben, Stephen R RobbenFrank Bascio Jr
Warranty Deed
Standard Sale (Purchase/Resales)
$0Financed
Mar 7, 2001Mary Alice Robben, Stephen R RobbenStephen R Robben, Mary Alice Robben
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)
Get a detailed estimate on Zillow$748
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$302,700
Price/sqft
$221
Layout
3 bd•2 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$267,750
13.1%
Your price is 13.1% above average
Median Price
$280,000
8.1%
Based on 6 recent sales
Price per Sq.Ft
$214
3.2%
Your price is 3.2% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1505 Collins Avenue, St Louis, MO 63117 | $300,000 | 1,118 | 2 | 2 | $26821.4% | 11/20/2024 |
| 7672 Lindbergh Drive, St Louis, MO 63117 | $255,000 | 1,330 | 2 | 1 | $19213.2% | 12/6/2024 |
| 1350 Fairmount Court, St Louis, MO 63139 | $235,000 | 1,292 | 2 | 1 | $18217.7% | 11/8/2024 |
| 7421 Gayola Place, St Louis, MO 63143 | $330,000 | N/A | 2 | 2 | N/A | 11/18/2024 |
| 7238 Richmond Place, St Louis, MO 63143 | $280,000 | N/A | 3 | 2 | N/A | 11/14/2024 |
| 1615 Yale Avenue, Richmond Heights, MO 63117 | $206,500 | N/A | 2 | 2 | N/A | 11/7/2024 |
1505 Collins Avenue, St Louis, MO 63117
Price: $300,000
Sq.Ft: 1,118
Beds/Baths: 2/2
$/Sq.Ft:
$26821.4%
Sale Date: 11/20/2024
7672 Lindbergh Drive, St Louis, MO 63117
Price: $255,000
Sq.Ft: 1,330
Beds/Baths: 2/1
$/Sq.Ft:
$19213.2%
Sale Date: 12/6/2024
1350 Fairmount Court, St Louis, MO 63139
Price: $235,000
Sq.Ft: 1,292
Beds/Baths: 2/1
$/Sq.Ft:
$18217.7%
Sale Date: 11/8/2024
7421 Gayola Place, St Louis, MO 63143
Price: $330,000
Sq.Ft: N/A
Beds/Baths: 2/2
$/Sq.Ft: N/A
Sale Date: 11/18/2024
7238 Richmond Place, St Louis, MO 63143
Price: $280,000
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 11/14/2024
1615 Yale Avenue, Richmond Heights, MO 63117
Price: $206,500
Sq.Ft: N/A
Beds/Baths: 2/2
$/Sq.Ft: N/A
Sale Date: 11/7/2024
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