Robert W. Cranston and his wife, Carolyn, sold their three-bedroom, 2.5 bath in Olivette at 4 N. Covington Meadow Rd. for $552,500 to Elizabeth McPheeters on Aug 6.

Sarah Partlow of Laura McCarthy listed the 2,604 square foot home for $559,500. Mrs. Cranston, an agent with Laura McCarthy's Clayton office, was the co-agent on the listing.

Mr. Cranston is the President and CEO of Crancorp, Ltd., an investment banking firm in St. Louis. The firm is involved with mergers and acquisitions as well as the capital markets.

He sits on the board of directors of many local community organizations including the James S. McDonnell USO and the Webster University College of Arts and Sciences advisory board.

Address: 4 N. Covington Meadow Road
Buyer(s): Elizabeth C McPheeter
Seller(s): Carolyn C Cranston (Wife) and Robert W Cranston (Husband)
Sale date: Aug. 6, 2007