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$696,000   Price Analysis
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5416 Delmar Place Ct
Saint Louis, MO 63112
Unknown bed 0 bath unknown SqFt ($0/SqFt)
2,274SqFt lot.
Listed 2024-04-01, Taxes $403
Ⓧ USDA Ineligible
due to property

near Saint Louis

Opportunity to purchase 16 lots in a private gated development in the DeBaliviere Place neighborhood overlooking the mansions on Washington Terrace.

The lots are located near the Central West End approximately 5 blocks from Forest Park. Each of the lots is zoned E. for multi-family residential and would be ideal for luxury townhomes, which have already been approved by the cty of St. Louis. These lots are fully developed with new utility connections for water, sewer and electric, as well as newer streets and gated access.

The surrounding area is currently undergoing plenty of redevelopment activity. There are four brand new townhomes currently under construction within the development. Similar individual lots without utilities in the surrounding area have sold in the range of $60, 00 0 to $100, 000. Potential list prices for the completed townhomes could range from $350, 000 to $490, 000 depending on size, finishes and upgrades based on similar-sized townhome sales nearby.


Presented by Jordan Schoen at
Invest St. Louis.


Property MLS #24018177 from MARIS

Lot Description: Cul-De-Sac
Lot Size Acres: 0.0522
Lot Size Dimensions: 33x78
Number of Lots: 16
Topography: Level Lot
Lot Size Square Feet: 2274

Road Access: City Street
Road Surface Type: Concrete

Elementary School: Ford-Ford Br. Elem. Comm. Ed.
High School: Sumner High
Middle School: Langston Middle
School District: St. Louis City

Ford-Ford Br. Elementary Community Ed. is a public elementary school located approximately 1 miles away.
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Soldan International Studies is a public high school located approximately 0.3 miles away.
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Crossroads College Preparatory School is a private middle and high school located approximately 0.4 miles away.
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KIPP Triumph Academy is a public elementary and middle school located approximately 0.5 miles away.
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Annual Tax Amount: 346
Source Listing Status: Active
County: St Louis City
Tax Year: 2023
Restrictions: Architectural Approv, No Mobile Homes, Trustee/Assoc Fee
Ownership: Private
Source Property Type: Residential Lots
Area: Central West
Source Neighborhood: DeBaliviere Place
Postal Code Plus 4: 3107
Public Survey Section: ST LOUIS CITY
Subdivision: Delmar Place Twnhse
Zoning: E
Property Subtype: City, Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $4,880
$4,880
$403
2021$unknown + $4,880
$4,880
$402
2020$unknown + $4,880
$4,880
$399
2019$unknown + $4,880
$4,880
$398
2018$unknown + $4,880
$4,880
$410
2017$unknown + $4,880
$4,880
$403
2016$unknown + $4,880
$4,880
$409
2015$unknown + $4,880
$4,880
$370
2014$unknown + $4,880
$4,880
$370
2013$unknown + $4,880
$4,880
$370
2012$unknown + $5,420
$5,420
$406
2011$unknown + $5,420
$5,420
$390
2010$unknown + $4,880
$4,880
$337
2009$unknown + $4,880
$4,880
$324
2008$unknown + $4,880
$4,880
$315
2007$unknown + $4,880
$4,880
$316

Listed 2024-04-01
$696,000
MARIS

Sewer: Public
Cable TV Expense: 1
Water Source: Public

Improvements: Curbs, Sidewalks, Storm Sewers, Streetlights
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.