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724 Rain Ridge Drive

724 Rain Ridge Drive, Saint Louis, MO 63125
Property in Raintree
Sold Oct 11, 2016
$153,500
$145,825 by Midwest Equity Mortgage Llc
Mortgage Due Nov 01, 2046
Sold Mar 21, 2016
$101,100
$80,845 by Das Acquisition Company Llc
Mortgage Due Mar 01, 2046
724 Rain Ridge Drive in Saint Louis, MO was first built in 1962 and is 62 years old. Although, the building on the property was most recently renovated and altered in 2016. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 724 Rain Ridge Drive has 1,092 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 610 ft and the linear feet between the front and back of the lot is 610. In total, the area measurement of the land is 6,037 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 280 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 724 Rain Ridge Drive sold most recently in Oct 5, 2016 for a total of $153,500. If you work out the math, that's approximately a cost of $140.57 per sqft. Before that, the property was also sold for $101,100 in Mar 2, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,734 in taxes each year. 724 Rain Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,500. If we break it down further, the land itself was valued at $7,750. Improvements to the property, however, were assessed at a total of $31,750. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,037
  • Lot Size Depth Feet: 610
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,092
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAINTREE NO 2
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAINTREE NO 2 LOT 15

Ownership

  • Current Owner : CAULEY II STEVEN R
  • Previous Owner : BEKTIC HASMIR
  • Owner Before Previous Owner: THE SECRETARY OF VETERANS AFFAIRS
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Bayless School District
  • Census Tract: 220102

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 49-L27
  • Parcel: 26H-33-1205
  • Lot: 15
  • Municipality: UNINCORPORATED SAINT LOUIS COU
  • Latitude: 38.5446
  • Longitude: -90.2881

    Address

  • Full Address: 724 Rain Ridge Dr
  • Address - House Number: 724
  • Address - Street Name: Rain Ridge
  • Address - Suffix Type: Dr
  • State: MO
  • City Name: Saint Louis
  • Carrier Code: C057
  • 4-Digit Zip Code: 1330
  • Zip Code: 63125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,734
  • Tax Rate Code Area: 102V

    Appraisal Valuation

  • Standard Deviation: 0.2429
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 265,276
  • High Value: 329,715
  • Low Value: 200,836

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,825
  • First Open Lien Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 11, 2016
  • First Open Lien Mortgage Loan Amount: $145,825
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $207,900
  • Market Land Value: $40,800
  • Market Improvement Value: $167,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,500
  • Assessed Land Value: $7,750
  • Assessed Improvements Value: $31,750

    Sales

  • Current Sale Contract Date: Oct 05, 2016
  • Current Sale Recording Date: Oct 11, 2016
  • Current Sale Transaction ID: 1846612288
  • Current Sale Price: $153,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 00591
  • Previous Sale Recording Date: Mar 21, 2016
  • Previous Sale Contract Date: Mar 02, 2016
  • Previous Sale Amount: $101,100
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 11, 2016
  • First Mortgage Loan Amount: $145,825
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: DAS ACQUISITION COMPANY LLC
  • Previous Mortgage Transaction Date: Mar 21, 2016
  • Previous Mortgage Loan Amount: $80,845
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2046

About Lemay



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Frequently Asked Questions

What neighborhood is 724 Rain Ridge Drive located in?
The 724 Rain Ridge Drive is a located in the neighborhood of Raintree in Lemay, Saint Louis.
What is the average sales price for listings in 724 Rain Ridge Drive?
The average sales price for units in 724 Rain Ridge Drive is $0 currently.

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