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Real estate company director spends $397K in University City

by Amy Anderson, published May 19, 2008

Jeffrey Zornes and his wife, Stephanie, bought a three-bedroom, 1.5 bath at 7059 Lindell Blvd. in University City for $397,000 from Barry and Lisa Daggs on April 4.

Relocation Advances LLC facilitated the sale. The Daggses paid $373,500 for the home in Sept. 2006. The 2,100 square foot house was built in 1921.

Gloria Gantner of Laura McCarthy real estate was the agent for the sale. The home was listed for $444,900 when it appeared on the market in November.

Mr. Zornes has served as the St. Louis director of global service at the Trammell Crow Company, a national real estate development and investment company. He was appointed to the position in 2002.

He previously founded Foreman Zornes Inc., a holding company that specializes in real estate, outdoor advertising and other related service businesses. Prior to owning the company, Zornes was president of the realty division of Kohner Properties, and he also served in the investment division at Turley Martin and as a commercial broker for Collier Thornton.

Home sales in University City dropped more than six percent in 2007. Median sales prices also dropped $20,000 last year, from $180,000 in 2006 to $160,000 in 2007.

Filed under: No story tag

Address: Single Family7059 Lindell Boulevard
Buyer(s): Relocation Advantage Llc
Seller(s): Barry T Daggs (Husband) and Lisa Daggs (Wife)
Sale date: Apr. 4, 2008

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