Looking for townhomes for sale in the Gaslight Square neighborhood of the Central West End? PREA Signature Realty just listed a new townhome for sale in the Gaslight Square neighborhood of the Central West End at 4127 Westminster Place located 2 blocks North of Lindell Avenue.
IDEAL FOR FIRST TIME HOME BUYERS
This townhome in the Gaslight Square neighborhood of the Central West End is ideal for a young professional or first-time home buyer who is interested in purchasing in the Central West End. Here are a few benefits of purchasing now:
- $8,000 Federal First-Time Home Buyer Tax Credit - Pay down your mortgage, use to pay your first 10 mortgage payments, make improvements to the property, or purchase new furniture or appliances.
- Cheaper than Rent-Assuming a 3.5% down payment, a 30 year fixed rate loan, and interest rates at 5%, your monthly mortgage payment would be approximately $950 per month. The current average rental rate for condos and apartments in the Central West End is $1.10 per sq. ft.. At 1216 sq. ft., this townhome would rent for $1,137 per month. By purchasing, you save $4,651 per year compared to renting.
- Tax Abatement - This property is 50% tax abated through 2013. You pay a fixed annual real estate tax of $380.
- Tax Benefits - Although you will pay interest on your loan and will be responsible for the payment of real estate taxes ($380 per year), you able to deduct these items on your federal and state income tax returns.
- Wealth Building - The Central West End is an established neighborhood with a history of price appreciation over the past 15 years. Although historical appreciation trends may not continue in the future, real estate has been shown to be a key component in building wealth.
- Low Maintenance - Unlike single family homes, this townhome is a condominium offering low maintenance and predictable costs. Monthly condo fee of $145 per month includes sewer, water, common electric, street lights, front lawn landscaping, mowing and lawncare, interior security system, exterior maintenance, sidewalk maintenance, insurance, professional management and capital reserve.
PROPERTY FEATURES
This townhome for sale in the Gaslight Square neighborhood of the Central West End offers the following features and benefits:
- Bedrooms: 2 Master Bedroom Suites.
- Bathrooms: 2 Full Bathrooms / 1 Half-Bathroom.
- Sq. Footage: 1216 sq. ft. (per city tax records).
- Exterior Facade: Brick with Stone Accents.
- Parking: 2 Car Garage.
- Storage Room: Storage room, tool room or workship located in Garage.
- Patio: 10'2" x 9'2" - Concrete Patio.
- Rear Yard: Fenced yard with wood privacy fence, concrete sidewalk, and mature landscaping.
- Living Room: 12'9" x 11'10" - Hardwood Floors, Wood Burning Fireplace with Mantel, and Windows with Southern Exposure.
- Dining Room: 6'3" x 10'3" - Hardwood Floors, Open Floor Plan, and Chandelier.
- Kitchen: 18'0" x 8'7" - Eat-In Breakfast Room, White GE Appliances (Microwave, Refrigerator, Dishwasher, and Stove), Stainless Sink, Formica Countertops, 42" Maple Cabinets, and Pantry.
- Master Bedroom Suite: 12'9' x 11'10" - Berber Carpeting, Ensuite Bathroom, Large Walk-in Closet, and Custom Closet Organizers.
- Guest Bedroom/Office Suite: 12'9" x 12'0" - Berber Carpeting Ensuite Bathroom, Large Wak-in Closet, and Custom Closet Organizers.
- Doors: Steel Exterior Entry Doors, Rear Screen Door, and Interior Six Panel Doors.
- Security System: Monitored Security System.
- Fireplace: Woodburning Fireplace in Living Room.
- Cable/Telephone: Wired for Cable and Telephone in Living Room and Bedrooms.
- Appliances: White GE Appliances.
- GE 22 Cubic Foot Refrigerator
- GE Electric Range
- GE Microwave with Vent
- GE Dishwasher
- Plumbing Fixtures: Moen Faucets in Kitchen and Baths. Garbage Disposal in Kitchen. Chrome Bathroom Accessories.
- Window Treatments: Mini-Blinds.
- Flooring: Hardwood, Ceramic Tile, Premium Carpeting and Vinyl.
PRICED TO SELL
4127 Westminster is priced to sell. At a list price of $180,000, 4127 Westminster is priced $4,900 to $13,000 below the same models in the same development. Plus, it has a full, private yard and is on a quiet street compared to the property at 425 N. Sarah.
Properties Currently Listed for Sale-Westminster Townhomes
- 4127 Westminster (2 BR/2.5 Ba - 1216 sq.ft.) $180,000
- 4134 Westminster (2 BR/2.5 Ba - 1216 sq.ft.) $193,000
- 425 N. Sarah (2 BR/2.5 Ba - 1292 sq.ft.) $184,900
CASUAL LIFESTYLE
The townhome for sale is located 2 blocks North of Lindell Avenue in the historic Gaslight Square neighborhood of the Central West End and is just minutes from from Downtown St. Louis or Clayton.
Here are some of the benefits of this great location:
- Public Transportation - Near the Central West End and Grand Metro Stations.
- Interstate Highways - Central Location with Easy Access to Forest Park Parkway and Highways 44 and 64.
- Hospitals - Minutes from St. Louis University Hospital, Barnes-Jewish and the Washington University Medical Campus
- Universities- Short drive to the college campus of St. Louis University, Harris Stowe State College, Fontbonne, Webster University, Washington University, and the St. Louis College of Pharmacy
- Arts and Entertainment - Short drive to Grand Arts District, Fox Theatre, CitiGarden, Washington Avenue Clubs, The Landing, and Soulard
- Restaurants- Walking Distance to Central West End Restaurants.
- Dog Park- CWE Dog Park.
- Park - Walking Distance to Forest Park.
- Fitness - Fitness trails in Forest Park, St. Louis Workout and the Fitness Club at the Chase.
- Airport - 15 minute drive to Lambert St. Louis International Airport
- Library: Schlafly Library.
The Central West End offers a great, new lifestyle. Whether you enjoy reading a book, having a class of wine or walking tree lined streets looking at great examples of historic architecture, the Central West End has something for everyone.
Interested in purchasing a townhome or condominium in the Central West End? Contact Ryan Shaughnessy at PREA Signature Realty at 314-971-4381.
Need more information on City Living? Visit our neighborhood blog at www.LafayetteReport.com.
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