Leigh Maibes' Saint Louis Real Estate Blog

Just Listted- 4132 Oleatha Ave. Saint Louis, MO 63116

2011-08-26T18:09:00.002-05:00

Cute and Cozy Bungalow!

Overview

Maps

Photos

Features

Neighborhood

$104,900

Single Family Home

Main Features

2 Bedrooms
1 Bathroom
Interior: 983 sqft
Lot: 0.08 acre(s)

Location

4132 Oleatha Ave.
St. Louis, MO 63116
USA

To get updates on open home dates and other property events, please click the "Like" button below:

Leigh Belk Maibes

RE/MAX Results
(314) 352-7770
lmaibes@gmail.com
http://www.leighmaibes.com

Listed by: Leigh Maibes with RE/MAX Results

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Cute and Cozy Bungalow!
Commercial for $ in Saint Louis, MO

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Nearby properties for sale

3932 Humphrey, 63116 offered for $144,500

2011-06-08T18:03:00.001-05:00

More info here!

2011-06-07T18:27:00.000-05:00

HOT Benton Park Listing!

2010-05-21T09:48:00.002-05:00

http://www.1913withnell.com/

The Urban Garden

2010-05-20T10:57:00.000-05:00

I saw this across the street from a property I am selling. The whole backyard of this multi family has been turned into a garden. The structure you see has been made out of various pieces of scrap metal and supports a tarp for when there is too much sun or rain. The owner immigrated from Asia and grows hard to find veggies and such from her home land!
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4126 Flad, Saint Louis, MO | Powered by Postlets

2010-02-09T14:40:00.000-06:00

4126 Flad, Saint Louis, MO Powered by Postlets

New Listings to Share...

2010-02-08T10:10:00.001-06:00

SHAW

4044 Shenandoah, just 2 blocks from Tower Grove Park

Circa 1905 Attached Single family residence boasts 2 bedrooms and 1.5 baths with large additional open loft like space upstairs is perfect for use as a home office. This smartly-updated home has it all: hardwood floors, elegant trim, pocket door, recessed lighting, modern kitchen, open floor plan, deck, upstairs laundry, large closets,jacuzzi tub, alarm system & 2 car garageport Newer electrical, plumbing & systems. Be a part of the Historic Shaw Neighborhood and enjoy being able to walk to Tower Grove Park, Botanical Gardens, Shaw Dog Park, Sasha's on Shaw & Sweet Art just to name a few.
Easy access to highways 40 & 44, Grand & Kingshighway. Won't last long. Make an appointment today! ***Tax Abated through Jan. 2015***

TOWER GROVE SOUTH

4124 Fairview, immaculate Gingerbread Bungalow

Circa 1937: Meticulous 3 bedroom, 1 bath 1.5 story brick arts & crafts bungalow sitting on a DOUBLE LOT in beautiful Tower Grove South! Features include 3 levels of living area, amazing patio and outdoor entertaining spaces, 2-car covered off street parking (garage & carport), privacy fencing, renovated kitchen, partially finished basement and so much more! The main level offers hardwood floors throughout, and amazing sunlight by not having another home crammed right nextdoor! Great flow and floor plan, good room sizes and closets, completely move-in ready and polished for a dinner party your first weekend here! 2 bedrooms on main level with fully finished 2nd story master with adjoining sitting room and office. Great rec / family room in lower level, complete with storage and a fitness room. The yard requires seeing for yourself = truly amazing. Homes like these do not present themselves often, especially with these updates, features, price tag AND extra lot offered here, so HURRY!

BEVO MILL

4119 Beethoven, tons of space for a little price

Circa: 1908 This Bevo Mill gem has everything you are looking for under 110K! It has 3 bedrooms,2 full baths and tall ceilings. Live large for a very small price. Bathed in natural light and recently rehabbed it has newer windows throughout,updated kitchen,updated bathrooms, newer plumbing, newer furnace,updated electrical,first floor laundry,modern paint palette & a 2 car parking pad. Be close to everything you want to do! Just a short distance from the happening Morganford Strip where you can eat at Three Monkeys, Tin Can, Local Harvest and shop at T.F.A! From there you can just stroll on over to Tower Grove Park or the S. Grand Business district. Quick access to highways 44,40 & .I55 Hurry!

WTF? Oh no, you didn't!

2010-01-25T18:27:00.000-06:00

I mean, "What the Flip?" ;). What were these rehabbers thinking? Do you see it? The picture wasn't the best, but I am still pretty sure anyone that is capable of viewing this picture can see the flaw. The door frame is completely crooked. Not to mention, the lock that was installed to accommodate the giant that might buy the house. I am 5 feet 2 inches and I couldn't unlock that back door to get out if there was a fire. Maybe, it's a new child safety feature? I am not too much taller than many children. Just a thought.

Unfortunately, this type of work on rehabs is very common. This house has been redone and is now on the market. Old houses are never, I repeat, NEVER going to be completely square. That is just a fact. However, you can fix certain things to avoid this "fun house" effect. In my opinion, it is worth the extra money to fix things like this. Cheaply done rehabs=cheap housing prices and rapid deterioration, which affects everyone in the neighborhood.

You CAN do good rehabs AND still make them affordable for the first time homebuyer crowd. In my opinion, first timers who don't have a good surplus of extra cash should be extra careful with what they buy in order to avoid costly repairs in the future. It is worth a little more money up front to buy a better product (you can stretch that cost over the life of your mortgage). Tons of costly repairs the homeowner can't afford, CAN lead to foreclosure. In that case, we have another crappy house in need of tons of repairs back on the market. If a good rehabber doesn't pick it up, we wind up in a vicious circle. In my opinion, the City deserves better.

I am not saying that houses in need of a little extra love shouldn't be attempted by owner occupants. I show these types of houses ALL the time. However, I am very careful to be very realistic about the time, dedication and potential cost to the customer and make sure to communicate it. Education IS key, this is NOT "Flip this House". A rehab or even seemingly simple repair is not completed in an hour. Not every buyer client has the vision or stamina to take these types of projects on. Just my two cents :) Bottom line, get your inspections, make sure you have good "bones", get quotes on projects that you need to get done immediately BEFORE you buy and have fun!
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Diary of a Rehabber: Let's do the Time Warp Again

2010-01-23T21:01:00.000-06:00

The title of this blog is in honor of my good friend Lucia who does the Time Warp dance when feeling blue. Hey Lucia!

So, here is the Gingerbread I have been telling you about. This will be our subject project property for now. I may start blogging about other rehabs as they come along. I just hope it doesn't become too confusing.

All though the outside was cute as a button, the inside needed help, major help.There is "good" old, and "ugly" old. Not every trend is worth saving. There is a big difference between vintage and dated. A lot of what was in the Gingerbread was "dated" not historic. See what I mean?

That kitchen is SEXY, er quaint?

No Ladder? No Problem!

2010-01-22T09:32:00.000-06:00

Put the refrigerator in the middle of the room under the hole for the attic. Climb on the kitchen counter and jump! Next, hang on for dear life and pull yourself up. Did you notice that there is not a picture of me doing this?
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Investor Evicts the Pink Panther

2010-01-21T10:40:00.000-06:00

It alwaysa amazes me what people leave behind after they move out.
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South City Parking Attendant

2010-01-21T00:51:00.000-06:00

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Diary of a Rehab: Acquire the Property

2010-01-20T22:16:00.000-06:00

For those of you just joining us the "Diary of a Rehab" is a small series of blog posts about a rehab project currently taking place. Feel free to go back and read the past posts to get caught up.

The last project that the rehabber took on was a complete gut rehab. There was no option for him to save any of the architectural details on that one. Still, I was highly impressed with the level of craftsmanship and attention paid to detail on the project. I gladly listed that house for sale not too long ago. For those of you interested in seeing it go to www.6525westpark.com

Now that I had found an investor with a superior team capable of completing difficult rehabs, I went on the hunt for more properties. In talking with the investor we had determined that the best houses for him to flip at the moment would be small South City Bungalows. Searching high and low we finally stumbled across one that fit the bill exactly. Another investor had too many projects at the time and was willing to sell one of his projects to us! It took forever to close the deal since it was a short sale (for those of you who don't know a short sale is when the bank allows you to sell the property for less than what is owed and they take that in lieu of foreclosure). During the time it was under contract the copper got stolen and thieves took the stain glass from the foreclosure next door. More on all of that later...

The house is a cute 2 bed/1 bath gingerbread with a one car garage and sunroom addition. Problem with it is, a lot of it's original details had been covered up or replaces in favor of hideous seventies paneling, dark kitchen cabinets, beige carpet, out of date wall paper and brass fixtures. At the time of purchase there was no way for us to tell what was under the carpet or behind the paneling. In the rehab world, nothing is ever as straightforward as it seems. We were in for some BIG SUPRISES!

The house is still currently being rehabbed, but I have to catch you guys up with where we are now. Some of these blogs will be about events past. I will let you know when we get all caught up and we are in real time.

Diary of a Rehab, a mini series.

2010-01-20T21:35:00.000-06:00

I have been working with investors more lately. Which, has been good and at times very challenging. I hadn't been doing much work with rehabbers at all until I started helping my broker, Christopher Thiemet find good deals. I almost looked at rehabbing as the antithesis of what my business model was. I specialize in historic and vintage in Saint Louis City and surrounding areas, not vanilla flips.

A poorly done rehab can ruin a perfectly good home. I can't tell you how many times I would walk into an architecturally awesome house in Tower Grove South (and other neighborhoods) and be saddened by the fact that an investor had laid beige carpet everywhere, painted the walls a slightly different beige and installed a cheap ready made kitchen. I understand that spending the least amount of money to maximize your profit is the name of the rehab game, but did it have to be so poorly done? I had watched my broker do some awesome rehabs. He would modernize the house while keeping original features. Buyers in turn would get the best of both worlds.

Could I find a rehabbing client that would work with me on preservation?. After all, saving some historic features while modernizing isn't always the most economical route to go. I truly believed if you spent a little more on the kitchen, bath and nice little touches you could generate a great product that was in demand.

My thoughts were...

1. Find a good rehab project in a neighborhood that was anchored by local businesses and other walkable attractions. Sure, you are going to pay a little bit more for this project due to location, but selling the property would be much easier on the "flip" side.

2. Help out the surrounding neighbors by buying up a potential "problem property" that was affecting the values of the homes around it.

3. Spend a little more on higher quality finishes and work.

4. Modernize while keeping as much historical finishes as possible.

Well, guess what? I stumbled into a client that would work with me on these things. So, I figured I would share with you all a lot about the process as we go along. I am having a blast working on these projects. It never ceases to amaze me what we uncover good and bad on a daily basis. Keep posted. All rehabbing posts will start with, "Diary of a Rehab".

I Have to Admit...

2010-01-20T15:24:00.000-06:00

2009 was full of personal distractions, and all though I managed to increase my sales, a lot of things I liked to do suffered. One thing I really wanted to do was Blog about real estate and Saint Louis. In a mad scramble to keep up with work flow and newly arising personal issues, I didn't get much blogging done. So, here I am in 2010 starting this blog over. It has a new name, new topics to cover and more information to bring you. I really wanted to make this blog worth while for the reader. So, I kept a close eye on my friend Abby Hawkins' blog. Recently, she started http://www.southcitystl.com/ and has won over tons of readers. So, I am going to be stealing some of her very good ideas (hope you don't mind Abby). I hope I can bring useful information to everyone that is interested in Saint Louis and it's real estate! Also, check out Abby's blog...It has become a South City going out road map.

6525 West Park, 63139 | Dogtown Home for Sale | Leigh Maibes, REALTOR | Circa Properties, Saint Louis Real Estate, St. Louis City

2009-11-05T16:33:00.000-06:00

6525 West Park, 63139 Dogtown Home for Sale Leigh Maibes, REALTOR Circa Properties, Saint Louis Real Estate, St. Louis City

Sugar LOaf Mound has found a new owner!

2009-08-14T11:18:00.000-05:00

Sugar Loaf Mound in Saint Louis was sold to it's new owners on August 1, 2009. The Osage Nation Tribe has purchased the property for the purpose of historical preservation and possibly a cultural center. It was always the wish of the previous owners to pass this property on to someone that was interested in its preservation. The buyers and sellers were very cooperative with one another and sailed towards a smooth closing to benefit all. The mound sold for $235,000.

2204 Stephen Ct. was mentioned in Dwell's blog!

2009-02-18T20:29:00.002-06:00

Previously, I blogged about this awesome home that had never been lived in. Check link below:

http://leighmaibes.blogspot.com/2009/01/loved-so-much-it-was-never-lived-in.html

Now, I have more great news! Dwell, one of my favorite publications has included a blog on their site about this unique property. One thing I am very proud of is that at Circa we always strive to see the positives in our listings and put a creative spin on our marketing. Some may have seen outdated, Christopher (broker/owner of Circa) the listing agent saw "retro cool".

http://www.dwell.com/daily/blog/38547132.html

http://www.2204stephen.com/index.shtml

$7,500 tax credit for first time homebuyers can be used as downpayment

2009-02-10T21:19:00.004-06:00

Many of you may have heard that there is a $7,500 dollar tax credit available to first time homebuyers. It is true! There are a couple restrictions that come with it. Here are the basics:

You have to be a first time homebuyer. A first time homebuyer is someone that has not held ownership interest in a primary residence in the last 3 years.

You cannot have an income exceeding $75, 000 for an individual and $150,00o for a couple.

It must be re payed over the next 15 years.

You must be closed on the property by July 01,09

Now, of course there are more details that aren't listed here. Also, there is a new program that allows you to borrow the amount in advance to use towards your down payment and closing costs. Once you get your tax return you must pay the loan back with the tax credit.

Here is some additional reading on the tax credit

http://www.realtor.org/gapublic.nsf/files/hbtaxcreditqa2008.pdf/$FILE/hbtaxcreditqa2008.pdf

Here is information on the tax credit advance

http://www.mhdc.com/homes/tca/index.htm

If you would like to take advantage of this call me 314-324-3322

Open House at South Side Tower Today

2009-02-08T10:48:00.001-06:00

There will be an open house at the South Side Tower today from 1-3. Stop on by to view the beautiful new condos. They include high end finishes like granite, stainless appliances and custom bathrooms. Conveniently located at the corner of Grand and Gravois in one of Saint Louis' most recognizable historic buildings. Hope to see you there!

Circa turns 2 years old today!

2009-02-06T08:32:00.001-06:00

Circa Properties, Inc. Is turning 2 years old today! I have been there a little over a year now and am having a blast. I am always proud of our great accomplishments in such a short time. Thank you for being part of the Circa family!

Finally, mobile blogging is a reality...

2009-02-03T17:33:00.001-06:00

I like to blog as I think about things, or as I see them. I have been trying for weeks to get this moblie Blogger program to work for me. Tonight it is a reality....Which means, more blogs!! They may be shorter, not as pretty and full of typos, but they are in real time!

Native American group has pipe ceremony at Sugar Loaf Mound.

2009-01-29T17:00:00.001-06:00

A local chapter of the Native American Association held a pipe ceremony at Sugar Loaf Mound on Sunday. Out of respect for the religious nature of the ceremony no pictures were taken. We were so very honored to have this special group as guests on the property. The ceremony was to cleanse, bless and honor the ancestors of the mound. It was a beautiful ceremony to watch and participate in. Honor the past and look to the future

Loved so much, it was never lived in.

2009-01-28T21:02:00.007-06:00

Circa has a new and interesting listing:

http://www.2204stephen.com/index.shtml

Almost everything in the house is original from 1955. Loving the house, and wanting to preserve it for the future the family resided in the unfinished lower level. Kitchy and cute, it takes a special eye to see value in a house like that with the "Update and Beige" culture that is now dominating real estate. While HGTV is helpful for keeping up with trends it tends to de-value vintage. If you were an agent and got called to this house would you suggest removing the furniture and putting in new kitchens and bathrooms? If you answered, "yes" you are in the majority. However, with as well put together and immaculate this home is, it turns out that virtually nothing was needed to be done to generate tons of buzz on this house. Kudos to the listing agent Christopher Thiemet for having an eye for style.

I am thrilled to work with a small group of people that thinks outside the box. We are encouraged to see the potential in the quirky and unusual. I am not ashamed to say, "I value vintage". Don't get me wrong I love a great gut rehab...but I also feel like preservation is important to our future.

2008-12-18T11:28:00.002-06:00

For the fist time Circa is offering a "First Time Homebuyer Seminar" scheduled for January. Educating people about the process is what we love to do. We are not trying to "sell" anything to you. If you have been thinking about buying a house, but you aren't quite ready to sit down with a lender and real estate agent yet...Then this is perfect for you! There will be a brief overview of the entire process, you will be introduced to the key players, what a lender is looking for, and tips and tricks for a successful purchase.Two dates are available January 17 & 24 from 12-2 pm. You have been hearing that now is the time to buy. Now, come out and find out what it takes to get there. Home prices are low, and so are rates. Start the New Year off right and become a homeowner!

You can also RSVP by emailing me at Lmaibes@gmail.com please include name, how many people are attending, which day, and a contact number so we can call with a reminder!

Preservation Nation Magazine writes about Sugar Loaf Mound

2008-12-02T18:58:00.000-06:00

http://www.preservationnation.org/magazine/2008/todays-news/last-indian-mound-in-st.html

Last open house of the year for Sugar Loaf Mound this Sunday

2008-12-02T18:53:00.002-06:00

Please stop by and join us for the last open house of the year at Sugar Loaf Mound this Sunday December 7, 08 from 1-3 PM.

South Side Tower-AKA-South Side National Bank Building

2008-11-19T18:44:00.000-06:00

Most people do not know that there are condos in the South Side National Bank Building, but there are. Saved from demolition this building has seen a re-birth as a great mixed use space. There are 13 condos total in the building, of those 8 are sold. With only 2 units per floor and the residential units beginning on floor 3 you have tons of great views. The building is a National Historic Landmark that has been placed on the National Register of Historic Places. All of the remaining units are 2 bedroom and 1 bath. Currently, the prices range from $166,900-$199,900 depending on elevation and if it has an east or west facing view. There will be a scooter ride there this weekend on Sunday November 23,2008 that starting at 3pm (registration beginning at 1). I hope to see you there!

Take a look at these links for more information on South Side Tower:

http://www.urbanreviewstl.com/?p=4361

http://www.romeofthewest.com/2008/11/view-from-top.html

http://maris.rapmls.com/scripts/mgrqispi.dll?APPNAME=Gstl&PRGNAME=MLSLogin&ARGUMENT=uJxSP%2FS8lZFgLNWBN12inbJVkmCEXUAHVAIu0P1nlvI%3D&KeyRid=1

http://www.southsidetower.net/

New wine bar coming to Shaw

2008-11-12T20:46:00.000-06:00

Over the weekend my husband and I visited a little place on De Mun called "Sasha's". Nestled between Kaldis Coffee and Jimmy's Cafe on the Park it felt like the perfect hiding spot. Our anniversary was last week, and I was wanting a low key place to sit, drink, eat cheese and catch up with my hubby. I have to say that I was pleasantly surprised by the whole experience.

The girl that was working the bar turned out to be an old friend from middle school. I was thrilled to see her and happy to hear she was following her bliss and traveling. She was able to suggest some great wines that fit both of our tastes (which are totally different) and provide us with laid back, but excellent service. We ordered several cold plates. I highly suggest the around the world cheese plate, yummy. Later we ordered entrees and crepes. None of the choices we made disappointed. I am in love with the Nutella and strawberry crepe.

As we were leaving I told the bartender I would write about the food, atmosphere, and drink in my blog. He reminded me to mention that the new location in Shaw will be open in a couple of weeks. I am SUPER STOKED...Shaw needs a good injection of excellent hang out places. Be on the lookout for the new place on the corner of Shaw and Thurman. I am guaranteed to be in there for a long lunch. I am very optiomistic that Sasha's can mimic what they have at their first location at their new one.Hopefully, the people of the city will find great value in this addition to their neighborhood.

Saints, Cats, and Feng Shui to sell a house? Oh My!

2008-11-05T11:59:00.000-06:00

Recently I have had quite a few questions about what can be done to make a house sell more quickly. It is not a secret that listings are sitting a while longer than they used to. There are the obvious things that I always tell people about; staging, price, improvements, marketing, patience. There are tons of things that can really help a house sell. Tricks and tips that I had never thought of until I entered real estate (I am going to post another blog about those more practical tips shortly), like unplugging all your different scented plug-ins so you quit confusing people’s senses. However, as clever as those tips are sometimes it just isn’t fast enough. Which leads us to this…

A couple months back I went into the office and our broker asked me what I knew about Saint Joseph and selling a house. He must have asked me because I am the office mystic, right? No, it was because I watch “Flipping Out” on Bravo about the neurotic man with OCD that flips houses and his lid. Anyways, Jeff uses a statue of Saint Joseph to help him sell his homes and I guess my broker had seen it too. Admittedly, this was not the first time I had heard about Saint Joe and his abilities. My mother had actually used him to sell her house and I was in the habit of carrying small versions in my car in case a client ever asked me about one. No one ever asked, and not being one to force my mojo on someone I never offered. However, now I am getting questions about him on a semi regular basis because Saint Joseph is getting tons of press. It got me wondering about what else people may try and what other mystical things were popular to sell a home. I came up with tons, but narrowed it down to three that weren’t so weird.

The Methods-Saint Joseph:You can buy a “Saint Joseph Sell My House Kit” at the Catholic supply, eBay, or about 100 other places on the web. There are tons of directions about how to use him the most popular being; Dig a hole in the front yard next to the “For Sale” sign large enough to fit your statue in , place him upside down on his head facing the house, cover him up, and dig him up when the house sells.Here is a cool article Saint Joseph and home sales:http://www.aroundhawaii.com/business/real_estate/2007-03_can_st._joseph_sell_your_home.html

Places to buy:http://www.goodfortuneonline.net/http://stjosephstatue.com/

Maneki Neko (Beckoning Cat):This one is also a statue of a revered “saint” of sorts. Maneki Neko is a Japanese patron of good luck & fortune in business, love, academics, you name it. Have you ever been into the Chinese food restaurant and seen those cat statues with the waving paws? That is a Maneki Neko, or beckoning cat. Supposedly, if you get a Maneki Neko with a left upraised paw he will beckon visitors to wherever you place him. The best spot to place him is facing the front door. Asia is mad for Meneki Neko and he is starting to catch on here in the states. Here is a good site about Meneki Neko:http://www.namaii.com/manekineko/legend-of-maneki-neko.html

Place to buy:http://www.ebay.com/

Feng Shui:Feng shui is the ancient Chinese practice of placement. The object is to place things to maximize energy flow. It can get pretty complicated to rearrange a whole house and just like staging there are experts in that field to come do it for you. The tip that I am talking about here is really simple. I read it somewhere in a book that I can’t find now. Take a piece of metal from the kitchen ,dirt from the yard, put it all in a red envelope and cast into a fast flowing river. That shouldn’t be so hard with all the rivers around St. Louis. You can just hire someone to really get you straightened out but it can be expensive.I figure it this way, "It can't hurt". Good Luck!

Sugar Loaf Mound: For Sale

2008-11-05T11:18:00.000-06:00

Circa: Prehistoric. You won't believe the view and history that comes with this absolutely unique property! Sugar Loaf Mound is truly a one-of-a-kind river front property, offered to a new owner for the first time in over half a century! With St. Louis known as Mound City, this property includes what's thought to be the last remaining prehistoric Native American mound in St. Louis overlooking the mighty Mississippi River, speculated to be part of the Cahokia civilization. The mound itself was placed on the National Register of Historic Places in 1984. The property possesses some of the most spectacular and active views of the Mississippi River. The approx .65 acre lot includes a 900 sq ft 2 bed/2 bath brick bungalow nestled into the northern side of the mound (handicapped elevator included). Home sold AS-IS. Riverfront living is a rare offering in St. Louis, so if you're passionate about history & awesome river views, then hurry to Sugar Loaf Mound while the opportunity still exists!

I have fallen in love with doing "quirky" real estate. I want to list and sell historic, vintage, green or the just plain weird. Currently I have 2 properties that are on the National Register of Historic Places and have found that the people that choose to call these places home are just as interesting as the places themselves. These properties do take a little bit more time and attention than normal but it is just so cool. I have had the pleasure of talking with so many people that I would not normally run into in "normal" real estate.

The Sugar Loaf Mound House will be open this Sunday November 9, 2008 from 12-4. The house is located st 4420 Ohio St. Saint Louis, MO. I hope to see you there.

Links for more information about the mound:

http://www.sugarloafmoundstl.com/

http://ecoabsence.blogspot.com/2008/11/sugar-loaf-mound-for-sale.html

http://preview.stltoday.com/stltoday/news/stories.nsf/0/c0638f0b7471b539862574f70016c0cd?OpenDocument&Click

http://suburbanjournals.stltoday.com/articles/2008/11/05/south/news/1105ssj-mound.txt