None · Maryland Heights, MO 63043

$129,000

2 bd · 1.5 ba · 804 sqft · Condo public records · 40 Days on market

Built 1987 $160/sqft · 14% above area Est $113k · 14% over $311/mo HOA · 18% of rent

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +23.8/30.0
• 1% rule +8.6/10.0
• DSCR +7.7/10.0
• Livability +3.6/5.0
• Schools +3.4/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• ARV discount +1.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This neat & clean two bedroom, two bath ground level condo is in great location and it won't last! With newer refrigerator and dishwasher, fresh neutral paint, this cozy condo will be perfect to enjoy the fall weather on your patio and a walk to the pool in the summer!! AAA rated Pattonville schools.

Key facts

• $311 HOA
• Community pool
• Built 1987

Property features AI

Finance

• HOA & community: HOA managed by AMC Management; Monthly association fee; Association amenities include pool, barbecue area, and common grounds; HOA fee covers common area maintenance, pool, sewer, water, trash, snow removal, and maintenance of parking/roads

Exterior

• Utilities: Public water; Public sewer; Electric service by Ameren; Electricity connected; Sewer connected; Water available
• Home design: Condominium (residential); Multi/split levels; Entry level information not specified
• Construction: Brick veneer and vinyl siding construction
• Exterior features: Storage; Landscaped grounds

Interior

• Kitchen: Cooktop; Disposal
• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Electric heating; Central air; Ceiling fan(s)
• Interior features: Ceiling fans; Central air; Disposal

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $129k.

Deal economics

• At list price, monthly cash flow is $248 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $129k).
• Recommended offer: $125k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 4.3% in Maryland Heights — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#101 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety C-, amenities F, commute F.
• Pattonville R-III (suburban): math 32% / reading 46% proficiency, ranked #147 of 324 in MO (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Parkwood Elem. (math 33% / reading 38%, grade F, #667 of 1,115 statewide, top 60%, 414 students, 46% FRL); Pattonville Sr. High (math 33% / reading 64%, grade D, #147 of 521 statewide, top 29%, 1,893 students, 39% FRL).
• Market conditions: Rents rising (+1.6%/yr); 105 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $892 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 40 days — a 3% lower offer ($125k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $60k; list at $129k implies a 113% gain — meaningful room to come down on a strong offer.

Recommended offer $125,130 (3.0% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.36% ✓
• Cap rate: 8.60%
• Cash-on-cash: 8.24%
• DSCR: 1.37
• GRM: 6.1

CMA / ARV

• ARV (median comp): $112,750
• List price: $129,000
• Delta: 14.41%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: -5.6%
• Equity multiple: 0.80×
• Total profit: $-7,361
• Equity at exit: $19,234

10-year hold

• IRR: 2.1%
• Equity multiple: 1.14×
• Total profit: $4,932
• Equity at exit: $11,154

Cash invested: $36,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 63043

• Rents YoY: 1.6%
• Active inventory: 105
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,757 high
• Mortgage (P&I): −$676
• Tax from tax record: −$98 /mo · $1,180/yr
• Insurance: −$54
• HOA: −$311
• Vacancy / Maint / Mgmt: −$369
• Net cashflow: $248

Break-even live

Break-even rent $1,442

Max offer price $129,000

Occupancy floor 81%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3253 Greenbridge Dr Bridgeton, MO	3.0	1.5	1066	$2,561	$2.40	10d	1	0.36mi
11091 Saxonhall Dr Bridgeton, MO	3.0	1.0	1034	$1,706	$1.65	17d	1	0.40mi
7 Edgeworth Ave Maryland Heights, MO	3.0	1.5	988	$1,995	$2.02	23d	1	0.81mi
11120 Graben Dr St Ann, MO	1.0–2.0	1.0–1.5	850	$1,250	$1.47	2d	14	0.87mi
11042 Florence Ave Saint Ann, MO	3.0	1.0	864	$1,300	$1.50	12d	1	1.03mi
11918 Brookmont Dr Maryland Heights, MO	3.0	1.0	980	$1,800	$1.84	43d	1	1.06mi

HOA detail condo

• Monthly dues: $311 · $3,732/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 20 events

1. 2026-06-13
   days on market $129,000 Active 40 DOM
2. 2026-06-13
   days on market $129,000 Active 39 DOM
3. 2026-06-09
   days on market $129,000 Active 36 DOM
4. 2026-06-08
   days on market $129,000 Active 35 DOM
5. 2026-06-07
   days on market $129,000 Active 34 DOM
6. 2026-06-03
   days on market $129,000 Active 30 DOM
7. 2026-06-02
   days on market $129,000 Active 29 DOM
8. 2026-06-01
   days on market $129,000 Active 28 DOM
9. 2026-05-31
   days on market $129,000 Active 27 DOM
10. 2026-05-04
    listed $129,000 Active 927-char remark
11. 2017-11-27
    soldstatus $60,500
12. 2017-11-23
    status Pending 305-char remark

    Show marketing remark (305 chars)

    This neat & clean two bedroom, two bath ground level condo is in great location and it won't last! With newer refrigerator and dishwasher, fresh neutral paint, this cozy condo will be perfect to enjoy the fall weather on your patio and a walk to the pool in the summer!! AAA rated Pattonville schools.

13. 2017-11-22
    soldstatus Closed 305-char remark

    Show marketing remark (305 chars)

    This neat & clean two bedroom, two bath ground level condo is in great location and it won't last! With newer refrigerator and dishwasher, fresh neutral paint, this cozy condo will be perfect to enjoy the fall weather on your patio and a walk to the pool in the summer!! AAA rated Pattonville schools.

14. 2017-10-10
    historical Contingent (No Kickout) 305-char remark

    Show marketing remark (305 chars)

    This neat & clean two bedroom, two bath ground level condo is in great location and it won't last! With newer refrigerator and dishwasher, fresh neutral paint, this cozy condo will be perfect to enjoy the fall weather on your patio and a walk to the pool in the summer!! AAA rated Pattonville schools.

15. 2017-10-02
    listed $63,900 Active 305-char remark

    Show marketing remark (305 chars)

    This neat & clean two bedroom, two bath ground level condo is in great location and it won't last! With newer refrigerator and dishwasher, fresh neutral paint, this cozy condo will be perfect to enjoy the fall weather on your patio and a walk to the pool in the summer!! AAA rated Pattonville schools.

16. 2017-10-02
    price $63,900 305-char remark

    Show marketing remark (305 chars)

    This neat & clean two bedroom, two bath ground level condo is in great location and it won't last! With newer refrigerator and dishwasher, fresh neutral paint, this cozy condo will be perfect to enjoy the fall weather on your patio and a walk to the pool in the summer!! AAA rated Pattonville schools.

17. 2017-10-01
    historical $74,900 305-char remark

    Show marketing remark (305 chars)

    This neat & clean two bedroom, two bath ground level condo is in great location and it won't last! With newer refrigerator and dishwasher, fresh neutral paint, this cozy condo will be perfect to enjoy the fall weather on your patio and a walk to the pool in the summer!! AAA rated Pattonville schools.

18. 2005-07-18
    soldstatus $91,400
19. 2003-03-20
    soldstatus $81,500
20. 1987-09-01
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $1,180 · $98/mo
• Projected year-2 tax: $1,251 · $104/mo
• Expected delta: +$71/yr (+$6/mo · 6.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,079
• − Mortgage interest: −$7,226
• − Property taxes: −$1,180
• − Insurance: −$645
• − Repairs & maintenance: −$1,686
• − Management: −$1,686
• − HOA: −$3,732
• − Depreciation: −$3,753
• Taxable income: $1,171
• Est. tax owed @ 24.0%: −$281
• After-tax cash flow: $2,697/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Pattonville R-III
• NCES district ID: 2923700
• Math proficiency: 32% ▼ -11.00%
• Reading proficiency: 46% ▼ -5.00%
• Median HH income: $50,786
• Composite: 33.69/100
• National rank: #5383
• State rank: #147 of 324 in MO

Livability — Maryland Heights

• Score: 71/100
• State rank: #101
• US rank: #6808

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment B+ Housing A+ Health & safety C- User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Maryland Heights, MO
• County: Saint Louis County · 888,823 people
• City population: 21,924
• Metro: St. Louis, MO-IL
• Population (ZIP): 21,924
• Household income: $91,509
• Rent vs Own: 30.4% rent · 69.6% own
• Severe rent burden: 277.0

Population outlook (St. Louis County) Hauer SSP2

• Today (2025): 1,025,227 people
• By 2030: 1,028,023 · +0.3%
• By 2040: 1,020,940 · -0.4%
• By 2050: 1,007,280 · -1.8%
• By 2075: 987,277 · -3.7%
• By 2100: 921,984 · -10.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 62% Black 14% Asian 14% Two or more races 6% Hispanic / Latino 5%
• Common ancestry: Lithuanian 4% Slovak 3% French 2%
• Foreign-born: 18% · Canada, China, Vietnam
• Languages at home: 78% English-only · Other Asian/Pacific 7% Spanish 5% Other Indo-European 4%

Political lean MEDSL · St. Louis

• 2024 margin: Strong D (+23.4) · D 60.8% · R 37.4% · Other 1.7%
• 2008→2024 swing: +3.5pp toward D · 2008: 19.9pp · 2024: 23.4pp
• All cycles: 2024: D+23.4 2020: D+24.0 2016: D+16.2 2012: D+13.7 2008: D+19.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -307.48%
• Current HPI: 218.599
• Rent YoY: ▲ 1.60%
• Metro: St. Louis, MO-IL
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

+58.3% since first listed

12 events — show timeline

• 2026-06-18 Relisted — MARIS as Distributed by MLS Grid
• 2026-05-04 Listed $129,000 MARIS as Distributed by MLS Grid
• 2017-11-27 Sold (Public Records) $60,500 Public Records
• 2017-11-23 Pending — MARIS as Distributed by MLS Grid
• 2017-11-22 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2017-10-10 Contingent — MARIS as Distributed by MLS Grid
• 2017-10-02 Listed $63,900 MARIS as Distributed by MLS Grid
• 2017-10-02 Price Changed $63,900 MARIS as Distributed by MLS Grid
• 2017-10-01 Coming Soon $74,900 MARIS as Distributed by MLS Grid
• 2005-07-18 Sold (Public Records) $91,400 Public Records
• 2003-03-20 Sold (Public Records) $81,500 Public Records
• 1987-09-01 Sold (Public Records) — Public Records

Property tax history

+2.6%/yr

Latest (2022): $1,180 · -1.0% YoY. Source: county tax records.