43% of ARV - 4/2 Flip in Lake Saint Louis

St. Charles County, Lake Saint Louis, MO, 63367
Sold
Listed at: December 8th, 2022
Price
$160,000
ARV
$370,000
Gross Margin
$210,000
Sq. Footage
2232
Type
Single-Family
Parking
Attached Garage
Year build
1972
Lot size
8468.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

This is a great opportunity to buy a project property with great curb appeal and a good spread.


The house is a four bed two bathroom with a finished basement. But it needs junk removed, and the kitchen, bathrooms, floors, roof and rear deck all replaced. The HVAC is older and will need to be replaced in the next few years but it is still working well right now. The water heater is new.


The walkout basement is finished and adds over 1,000 sqft to the 1,224 sqft first floor. We are estimating ARV at a conservative $370k but the comps are as high as $442k.


Photos:https://www.dropbox.com/scl/fo/dr32gr1b4c6f9s2kn5ywj/h?dl=0&rlkey=jwaixk2wcvq5rnl3gs0xlwvse


Comps:

16 Cognac Dr, Lake Saint Louis, MO, 63367 - $ 442,225

10 Champagne Dr, Lake Saint Louis, MO, 63367 - $ 442,098

42 Normandy Dr, Lake Saint Louis, MO, 63367 - $ 402,848

13 Provence Dr, Lake Saint Louis, MO, 63367 - $ 383,082

9 Rheims Ct, Lake Saint Louis, MO, 63367 - $ 377,055

10 La Rochelle Ct, Lake Saint Louis, MO, 63367 - $ 363,888


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Joe Yeager

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