$219,900

5332 Loughborough Avenue, St Louis, MO 63109

2 beds |
1 bath |
988 sqft

Single-Family Home
Built in 1925
4,748sqft lot
2 car garage
$223/sqft
Listed 3 days ago

Property Description

WOWZA!! Assumable FHA mortgage at 3.25% — a rare opportunity in today’s market*. This classic Princeton Heights brick bungalow offers a welcoming front porch perfect for relaxing and enjoying the neighborhood as neighbors stroll to nearby Willmore Park and Francis Park which offer playgrounds, pickleball and tennis courts, fishing lakes and ballfields. The vibrant Hampton Avenue business district and Macklind Avenue business district are within walking distance, offering local restaurants, shops, and neighborhood favorites. Inside, the home features spacious living and dining areas, two generous bedrooms, and a large full bath showcasing original tile. Hardwood floors run throughout the main level. The kitchen offers abundant oak cabinetry and ample counter space. A side door from the kitchen leads to the fenced backyard and detached two-car garage with new siding. Unfinished dry basement awaits your finishing touches. Major updates include a newer Trane HVAC system, newer water heater, copper plumbing, and PVC waste stacks. THe roof on house and garage replaced 2025. The detached two-car garage includes a newer door and access from a clean alley. A solid home in a highly walkable neighborhood — with the added advantage of an assumable low-rate mortgage. *Buyer must qualify with note holder NEWREZ the same as any lender. Current loan balance is approximately $178,500. To assume the loan, buyer needs to have the difference between contract sales price and loan balance as their cash down payment. Buyer is allowed to get a second mortgage for any of the $40k difference through a secondary source. Must owner-occupy the property. No investors can assume this mortgage. Allow up to 60 days for loan approval and closing. Closing costs could be up to $1800 with NewRez. Principal and Interest payment would be $777 plus taxes and insurance. You can't rent for that!!!!!!!

Listing Status:: Active
Date Added:: March 12, 2026
Data Last Updated:: March 14, 2026 at 3:16AM
Listing Office:: MORE, REALTORS : 314-414-6000
MLS ID:: 25076464

Appliances: DryerFree-Standing Gas RangeFree-Standing RefrigeratorWasher
Basement: Full
Flooring: Hardwood
A/C: Central Air
Heating: Forced Air

Style: Bungalow
Other Structures: Front PorchCovered
Parking: Parking spaces: 2

General: BrickStoneOneStone

HOA Amenities: FishingLakeParkPickleballPlaygroundRacquetballSidewalksStreet LightsTennis Court(s)Public BusStorm Sewer
Originating MLS: maris2
School District: St. Louis City
County: St Louis City

Zoning: 5838-00-0070-0
Fencing: Chain Link

Utilities: Cable AvailableAmeren
Water: Public
Sewer: Public Sewer

Source: maris2
Ownership: Private

This listing courtesy of MORE, REALTORS

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Buder Elementary School

5319 Lansdowne Ave, Saint Louis, MO, 63109

Grades PK-5

1.18 miles away

Busch Middle School Character Athletics

5910 Clifton Ave, Saint Louis, MO, 63109

Grades 6-8

0.50 miles away

Community Access Job Training

4915 Donovan Ave, Saint Louis, MO, 63109

Grades 8-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.