NOT LISTED FOR SALE

1020 SE 7th Terrace Unit A Lees Summit, MO 64063

Estimated Value: $270,000 - $420,600

6 Beds
4 Baths
3,904 Sq Ft
$95/Sq Ft Est. Value

Last Sold November 21, 2014

Current estimated payment $2,380/month

29 Days on Market

Highlights

  • 2 Car Attached Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Pleasant Lea Middle School Rated A-
  • Board and Batten Siding

About This Home

As of November 2014

Unit A is rented please do not disturb resident. Beautiful remodel, 3 spacious bedrooms, 2 1/2 bath, newer appliances, new tile work in bathrooms and kitchen, new carpet. No repairs -easy cash flow property-perfect investment opportunity with one side rented-live in other unit or rent it out.

Last Agent to Sell the Property

Jennifer Smeltzer

Keller Williams Platinum Prtnr License #2011010405 Listed on: 09/30/2014

Keller Williams Platinum Prtnr

Last Buyer's Agent

Chris Ferris

Realty Executives License #2010002642

Realty Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,206

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 120x148

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 3,904 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen
  • Basement

Schools

  • Lee's Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 61-620-15-22-00-0-00-000

Community Details

Overview

  • 2 Units
  • Vista Del Verde Subdivision

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,206

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 21-30 Years
  • Package: No
  • Year Built: 1986
  • Dining Area Features: Eat-In Kitchen
  • Down Payment Deprecated: Yes
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Jennifer Smeltzer
  • List Office Mls Id: SBDH
  • List Office Name: SBD Housing Solutions LLC
  • List Office Phone: 816-994-9401
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 2895
  • Other Room Features: Private Bath
  • Special Documents Required: No
  • Tax Total Amount: 2206
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Telecommunications: Metro Free
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Lee's Summit
  • High School: Lee's Summit

Lot Info

  • In Floodplain: No
  • Zoning: R
  • Building Area Total: 3904.00
  • Lot Dimensions: 120x148
  • Parcel Number: 61-620-15-22-00-0-00-000
  • Subdivision Name: Vista Del Verde

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 24000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Personal Prop Tax, Property Insurance

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2206.00

MLS Schools

  • School District: Lee's Summit
  • High School: Lee's Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Nov 13, 2014
Sold by
Cliffbrook Properties Llc
Bought by
D Koehn Llc
Seller's Agent
Jennifer Smeltzer
Keller Williams Platinum Prtnr
Buyer's Agent
Chris Ferris
Realty Executives
List Price
$187,000
Current Estimated Value
$370,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$76,000
Outstanding Balance
$58,850
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$316,650

Purchase Details

Closed on
Mar 18, 2013
Sold by
Adkins Jason K and Adkins Kerri Leanne
Bought by
Cliffbrook Properties Llc

Purchase Details

Closed on
Jul 5, 2000
Sold by
Nunez Sergio
Bought by
Nunez Gloria

Purchase Details

Closed on
Dec 19, 1997
Sold by
Stacey W E
Bought by
Adkins Jason K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,848
Interest Rate
7.15%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
D Koehn Llc -- Stewart Title Co
Cliffbrook Properties Llc $112,599 Accomodation
Nunez Gloria -- --
Adkins Jason K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D Koehn Llc $76,000
Previous Owner Adkins Jason K $124,848
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold -- -- --
10/29/2014 10/29/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $187,000 -- $48 / Sq Ft
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

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 $5,021 $52,767 $8,812 $43,955
2024 $4,985 $69,540 $18,012 $51,528
2023 $4,985 $69,540 $18,012 $51,528
2022 $3,221 $39,900 $9,956 $29,944
2021 $3,288 $39,900 $9,956 $29,944
2020 $3,162 $44,695 $9,956 $34,739
2019 $3,617 $44,695 $9,956 $34,739
2018 $2,514 $28,823 $3,372 $25,451
2017 $2,514 $28,823 $3,372 $25,451
2016 $2,476 $28,101 $3,800 $24,301
2014 $2,220 $24,700 $4,395 $20,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1907103

Heartland MLS

APN: 61-620-15-22-00-0-00-000