Dr. Pervez A. Alvi and his wife, Nafisa bought a five-bedroom, six bath at 1267 Devonworth Dr. in Town and Country for $1.7 million from National City Bank on April 8.

National City Bank acquired the property as a foreclosure for $1,553,237 in February. It was built in 2006.

Dr. Alvi has worked as a cardiologist at the Cardiovascular Institute at the Hannibal Regional Hospital in Hannibal, Mo., approximately 118 miles Northwest of St. Louis.

He earned his M.D. from the Dow Medical College at the University of Karachi in Pakistan. He finished his residency at St. Joseph Hospital in Chicago and completed his fellowship in cardiology at the Michael Reese Hospital in Chicago.

Home sales in Town and Country dropped more than 17 percent in 2007. The median sale price, however, rose $13,000 last year, from $652,000 in 2006 to $665,000 in 2007.

Address: 1267 Devonworth Drive
Buyer(s): Alvi Nafisa Et Alvi Pervez A Et Ux Con
Seller(s): National City Bank
Sale date: Apr. 8, 2008