Seller's Agent in 2024
Jake Simmons
RE/MAX Area Real Estate
(816) 868-4692
122 in this area
238 Total Sales
1009 Frontier St Excelsior Springs, MO 64024
Estimated Value: $238,000 - $1,048,000
Studio
--
Bath
12,822
Sq Ft
$57/Sq Ft
Est. Value
Highlights
- 26,745 Sq Ft lot
- No HOA
- Laundry Facilities
- Deck
- Forced Air Heating and Cooling System
- Paved or Partially Paved Lot
About This Home
As of December 2024Investment Opportunity: Multifamily Package Deal! Don’t miss out on this exceptional commercial multifamily opportunity located at 1009–1011 Frontier Street, featuring a total of 12 units comprised of 6 spacious 2-bedroom, 1.5-bath units and 6 generous 3-bedroom, 1.5-bath units. This property is part of a larger package deal that includes 1107 Frontier Street, a six-unit property with 2-bedroom, 1-bath units, and 1109 Frontier Street, another six-unit property with 2-bedroom, 1-bath units, totaling 24 units available for sale. This is a prime chance to expand your portfolio and capitalize on a well-maintained multifamily investment. Recent improvements at 1009–1011 Frontier Street include: - Replacement of all 12 exterior doors - Installation of 68 new windows - Rebuilt exterior decks and staircases - New metal siding and gutters - Replacement of concrete sidewalks and patios Each unit is equipped with refrigerators and electric ranges, and the property boasts independent 100 amp services for each unit, ensuring separate gas and electric meters. A coin-operated common laundry area provides additional income potential, while water and sewer are the only utilities included. Current rental rates range from $687 to $717 per unit, offering a solid return on investment. Explore the potential of expanding your real estate operation with this outstanding opportunity. Act now to secure your future in the multifamily market!
Last Agent to Sell the Property
RE/MAX Area Real Estate Brokerage Phone: 816-630-4000 Listed on: 09/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,497
Year Built
- Built in 1969
Lot Details
- 0.61 Acre Lot
- Paved or Partially Paved Lot
Home Design
- Brick Frame
- Metal Siding
Interior Spaces
- 12,822 Sq Ft Home
- 3-Story Property
- Built-In Electric Oven
- Basement
Parking
- 30 Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
Schools
- Cornerstone Elementary School
- Excelsior High School
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number 12-306-00-18-001.00
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 12 Units
- Westwood Hills Subdivision
Additional Features
- Laundry Facilities
- Gross Income $100,824
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2024
Closed on
Dec 10, 2024
Sold by
Eales Bradley T and Eales Brenda K
Bought by
Ej Excelsior Llc
Seller's Agent
Jake Simmons
RE/MAX Area Real Estate
Buyer's Agent
Nick Pina
Keller Williams Realty Partners Inc.
List Price
$1,800,000
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.69%
Original Mortgage
$1,087,500
Outstanding Balance
$1,078,831
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$351,847
Purchase Details
Closed on
Oct 24, 2008
Sold by
Aartech Investments Inc
Bought by
Eales Bradley T and Eales Brenda K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.5%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ej Excelsior Llc | -- | Stewart Title | |
| Ej Excelsior Llc | -- | Stewart Title | |
| Eales Bradley T | -- | Stewart Title Kansas City In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ej Excelsior Llc | $1,087,500 | |
| Closed | Ej Excelsior Llc | $1,087,500 | |
| Previous Owner | Eales Bradley T | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | -- | -- | -- |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- |
| 09/23/2024 09/23/24 | For Sale | $1,800,000 | -- | $140 / Sq Ft |
Source: Heartland MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,531 | $112,310 | -- | -- |
| 2024 | $5,531 | $78,870 | -- | -- |
| 2023 | $5,497 | $78,870 | $0 | $0 |
| 2022 | $4,593 | $64,830 | $0 | $0 |
| 2021 | $4,611 | $64,832 | $14,079 | $50,753 |
| 2020 | $3,608 | $49,320 | $0 | $0 |
| 2019 | $3,606 | $49,320 | $0 | $0 |
| 2018 | $2,955 | $40,300 | $0 | $0 |
| 2017 | $2,883 | $40,300 | $4,920 | $35,380 |
| 2016 | $2,883 | $40,300 | $4,920 | $35,380 |
| 2015 | $2,909 | $40,300 | $4,920 | $35,380 |
| 2014 | $2,935 | $40,300 | $4,920 | $35,380 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Simmons
-
Nick Pina
N
Buyer's Agent in 2024
Nick Pina
Keller Williams Realty Partners Inc.
(816) 206-2084
1 in this area
53 Total Sales
Map
Source: Heartland MLS
MLS Number: 2511973
APN: 12-306-00-18-001.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS Grid. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393
Based on information submitted to the MLS GRID.
Nearby Homes
- 902 Ley Cir
- 899 Williams St
- 1318 Kristie Cir
- 1322 Kristie Cir
- 1012 Magnolia St W
- 812 Apple Blossom St
- 824 Rowell St
- 813 Dogwood St
- 214 Oakwood Ave
- 230 Old Orchard St
- 124 Wildwood St
- 507 Henrie Ave
- 724 Elmwood St
- 715 Magnolia St
- 2017 Wornall Rd
- 1303 Milwaukee St
- 107 Collette St
- 1715 Karlton Way
- 0 Missouri 10
- 30024 NE 142nd Terrace
- 1004 Frontier St
- 1013 Frontier St
- 1001 Frontier St
- 000 Frontier St
- 1002 Frontier St
- 1017 Frontier St
- 1100 Frontier St
- 200 Augustus St
- 201 Wisconsin St
- 1105 Frontier St
- 1103 Frontier St
- 1102 Frontier St
- 205 Wisconsin St
- 203 Augustus Dr
- 201 Augustus St
- 203 Augustus St
- 204 Augustus St
- 202 Wisconsin St
- 1107 Frontier St
- 205 Augustus St
Your Personal Tour Guide
Ask me questions while you tour the home.