Just Listed - Condo for Sale in Lafayette Square - 1303 Missouri - Unit C

By
Real Estate Agent with PREA Signature Realty - www.preasignaturerealty.com

Looking for condos for sale in Lafayette Square?  PREA Signature Realty just listed a new condo for sale in Lafayette Square at 1303 Missouri - Unit C located 1 block North of Lafayette Park.  This condo in Lafayette Squarehas been recently updated with new flooring, carpeting, HVAC and water heater and is in move-in ready condition.

 

IDEAL FOR FIRST TIME HOME BUYERS

This condo in Lafayette Square is ideal for a young professional or first-time home buyer who is interested in purchasing in Lafayette Square.  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 $750 per month.  The current average rental rate for condos and apartments in Lafayette Square is $1.00 per sq. ft..  At 931 sq. ft., this condo would rent for $931 per month.  By purchasing, you save $2,160 per year compared to renting.
  • Tax Benefits - Although you will pay interest on your loan and will be responsible for the payment of real estate taxes ($1,134 per year), you able to deduct these items on your federal and state income tax returns.
  • Wealth Building - Lafayette Square is an established neighborhood with a history of price appreciation over the past 15 years.  In 2008, contrary to national and regional trends, Lafayette Square saw an increase in median sales price of 8%.  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, condominiums with an adequate capital reserve can offer two major benefits - low maintenance and predictable expenses.

PROPERTY FEATURES

This condo for sale in Lafayette Square offers the following features and benefits:

  • Bedrooms:  2
  • Bathrooms: 1
  • Sq. Footage:  931 sq. ft. (per city tax records)
  • Parking:  1 Off-Street Assigned Parking Space
  • Exterior Facade:  Brick
  • Living Room:  13.6' x 15', Windows with Eastern Exposure, Wood Burning Fireplace with Mantel, and Pergo Wood Floors
  • Dining Room:  12.9' x 11.4', Windows with Eastern Exposure, Open Floor Plan, Mirrored Ledge, and Pergo Wood Floors
  • Kitchen:  8.8' x 8.7', Eat-In Breakfast Bar, Double Bowl Ceramic Sink, Dishwasher, Microwave, Stove, and Refrigerator, White Cathedral Cabinets, Red Laminate Countertop, Pantry and Ceramic Tile Floor.
  • Master Bedroom:  13.9' x 11.6', Newer Carpeting and Pad, and Large Wall Closet
  • Guest Bedroom/Office:  13.6' x 11.6', Pergo Wood Floor, Large Wall Closet and Access to Deck
  • Bathroom:  Full Bath with Shower/Tub, Ceramic Tile Floor, and New Toilet.
  • Systems:  Newer HVAC and Water Heater
  • Windows:  Some Window Treatments and Some Storm Windows
  • Deck:  Semi-Private Wood Deck

CASUAL LIFESTYLE

The condo for sale is located just South of Downtown St. Louis and minutes from Downtown St. Louis or Clayton in the historic Lafayette Square neighborhood.  Here are some of the benefits of this great location:

  • Public Transportation - Located on the Convention Center bus line and within walking distance of the Metro Station at Union Station
  • Interstate Highways - Central Location with Easy Access to Highways 44, 55, 64 and 70
  • 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 Lafayette Square restaurants such as Vin de Set, 1111, Ricardo's, 33 Wine Bar, Bailey's Chocolate Bar, Arcelia's, Sqwires, and more
  • Dog Park- Soulard
  • Park - Walking Distance to Lafayette Park
  • Neighborhood Events- House Tour, Christmas Parlor Tour, Summer Concert Series, Movies in the Park, Tour de Lafayette Bike Race, Perfectos Baseball, Health and Wellness Fair, and Much More
  • Farmer's Market- Walking Distance to Soulard Market
  • Fitness - Fitness trails in Lafayette Park, bike lanes on Park and Lafayette, 1 block West of Lafayette Pool & Tennis Club, and short walk or run to local fitness clubs
  • Airport - 16 miles to Lambert St. Louis International Airport

Lafayette Square 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 Victorian architecture, Lafayette Square has something for everyone.

Interested in purchasing a townhome in Lafayette Square?  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.

Posted by

________________________________________________________________________________________________

PREA SIGNATURE REALTY

Download Property BrochuresView Our Listing PresentationWatch Our Property Videos on YouTube

PREA Signature Realty is a full service brokerage located at 1709 Park Avenue in the Lafayette Square neighborhood of the City of St. Louis.  PREA Signature proudly serves the following city neighborhoods:  Lafayette Square, Soulard, Benton Park, Benton Park West, Downtown Loft District, Forest Park Southwest, Central West End, Tower Grove East, Tower Grove South, Compton Heights, Shaw, The Hill, Dogtown, Carondelet, Holly Hills, St. Louis Hills, Dutchtown, and the Other Historic Neighborhoods of the City of Saint Louis, Missouri. 

The opinions expressed herein represent the opinions of the author only and do not reflect the opinions of PREA Signature Realty.  All photos and written content were produced by PREA Signature Realty.  All Rights Reserved - PREA Signature Realty (2009).  This content may not be reproduced or reprinted, except for Active Rain re-blogging, without express written permission of PREA Signature Realty.

For more information, visit our website at www.PREASignatureRealty.com or contact Ryan Shaughnessy at 314-971-4381 or send an email to Ryan@PREASignatureRealty.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Missouri Saint Louis City Saint Louis Lafayette Square
Groups:
Activerain MLS Online
Active Rain Virtual Tours
Active Rain/Localism MLS Postings - For Sale
City and State
MissouriListings
Tags:
lafayete square
lafayette square condominiums
condos for sale in lafayette square
1303 missouri

Spam prevention
Show All Comments
Rainer
8,601
Amy Jones Group
RE/Max Infinity - Sun Lakes, AZ
Sun Lakes Real Estate

Great new listing.  Good luck for a speedy sale!

Sep 14, 2009 02:20 PM #1
Rainer
229,238
Ryan Shaughnessy
PREA Signature Realty - www.preasignaturerealty.com - Saint Louis, MO
Broker/Attorney - Your Lafayette Square Real Estate Partner

Amy - Thanks.  It looks like it is priced right.

Sep 14, 2009 02:21 PM #2
Rainmaker
457,935
Kim Boekholder Utah Real Estate
Results Real Estate 801.580.5624 - Draper, UT
Broker, Results Real Estate

I like the way you have your listing advertised.  It covers all areas of why its beneficial and a good choice for the consumer.  Looks like a great condo.  Have a great night.

Sep 14, 2009 02:49 PM #3
Rainer
229,238
Ryan Shaughnessy
PREA Signature Realty - www.preasignaturerealty.com - Saint Louis, MO
Broker/Attorney - Your Lafayette Square Real Estate Partner

Kim - Thanks.  Just trying to show (as opposed to tell) why it is a great deal.

Sep 14, 2009 02:54 PM #4
Ambassador
551,797
Julie Dumaine-Russell
RE/MAX Alliance - Branford, CT

Ryan - This has got to be one of the best presentations I've seen to market a listing.  I've used OneTrueMedia for family photos but never thought of using it for a listing.  Very nice!!!

Sep 14, 2009 04:53 PM #5
Rainer
229,238
Ryan Shaughnessy
PREA Signature Realty - www.preasignaturerealty.com - Saint Louis, MO
Broker/Attorney - Your Lafayette Square Real Estate Partner

Donna - Thanks. I am using new platforms for video and photos.  OneTrueMedia just happens to be the first that I tried.  I have 3 or 4 more to test drive. 

Sep 14, 2009 05:02 PM #6
Rainmaker
722,730
Connie Lou Barnett
Real Living/Home Realty - Owensboro, KY
GRI,CRS,CRB,SRMM,ARA,PRS,SFR,QSC

Ryan,

  Congratulations on your new listing.  You shouldn't have a problem selling this one. LOL

Connie Lou

Sep 14, 2009 10:42 PM #7
Rainer
229,238
Ryan Shaughnessy
PREA Signature Realty - www.preasignaturerealty.com - Saint Louis, MO
Broker/Attorney - Your Lafayette Square Real Estate Partner

Connie - Thanks for commenting.  We think it is fairly price and should go quickly with the increased activity in the market in this price range.

Sep 15, 2009 04:08 AM #8
Rainmaker
472,195
Janice Roosevelt
Keller Williams Brandywine Valley - West Chester, PA
OICP ABR, ePRO,Ecobroker

Ryan, you consistently produce and publish THE best material. What are you using for the video segments?

Sep 15, 2009 04:48 AM #9
Rainer
229,238
Ryan Shaughnessy
PREA Signature Realty - www.preasignaturerealty.com - Saint Louis, MO
Broker/Attorney - Your Lafayette Square Real Estate Partner

Janice - Video segments are just off of my cell phone.  The video is edited by clip in OneTrueMedia and I use their effects to hide the flaws in the video.  Pretty easy.

Sep 15, 2009 06:10 AM #10
Rainmaker
631,147
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

With all of your listings you need to have a lot of buyers and quick so they will be able to take advantage of the tax credit.

Sep 15, 2009 09:50 AM #11
Rainer
229,238
Ryan Shaughnessy
PREA Signature Realty - www.preasignaturerealty.com - Saint Louis, MO
Broker/Attorney - Your Lafayette Square Real Estate Partner

Don - We hope for a good 4th quarter with the inventory we have in the sweet spot of the market.

Sep 15, 2009 10:25 AM #12
Ambassador
699,208
Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

Ryan you have the best looking listings in and around Lafayette Square!  This one is sure to get snatched up quickly!

Sep 17, 2009 05:28 AM #13
Rainer
229,238
Ryan Shaughnessy
PREA Signature Realty - www.preasignaturerealty.com - Saint Louis, MO
Broker/Attorney - Your Lafayette Square Real Estate Partner

Pamela - We hope so.  It looks priced right so we will see what happens.

Sep 20, 2009 11:35 AM #14
Rainmaker
342,754
Elizabeth Bolton
RE/MAX Destiny Real Estate Cambridge, MA - Cambridge, MA
Cambridge MA Realtor

Hi Ryan ~ You've really set the bar high with this post - super presentation and a great opportunity in Lafayette Square.

Liz

Sep 24, 2009 03:14 PM #15
Rainer
229,238
Ryan Shaughnessy
PREA Signature Realty - www.preasignaturerealty.com - Saint Louis, MO
Broker/Attorney - Your Lafayette Square Real Estate Partner

Thanks Liz... We are getting good traffic on the listing so we will see how it goes.  It is a great time to have this type of property on the market.

Sep 24, 2009 05:39 PM #16
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
229,238

Ryan Shaughnessy

Broker/Attorney - Your Lafayette Square Real Estate Partner
Ask me a question
*
*
*
*
Spam prevention

Additional Information