Seller's Agent in 2021
Micah Thomas
Lutz Sales + Investments
(913) 594-9333
1 in this area
364 Total Sales
10201 E 31st St S Independence, MO 64052
Rock Creek South NeighborhoodEstimated Value: $167,000 - $413,664
10
Beds
6
Baths
864
Sq Ft
$364/Sq Ft
Est. Value
Highlights
- 45,302 Sq Ft lot
- Central Heating and Cooling System
- 1-Story Property
- No HOA
- Garage
About This Home
As of July 2021**Multiple Offers Received** Seller is requesting highest and best by EOD Thursday 5/13 and will review Friday morning. Super unique property in a great location in Independence! Less than a block from the brand new Cassell Park Elementary. 5 detached single family homes on a 1 acre parcel, with a few storage / outbuildings. Perfect for a hippie commune! OR - since it's just 2 miles from the stadiums, make it an Airbnb destination for sports fanatics! Currently fully leased and under management at a 10% cap rate / $47,868 in gross income per year. See financials in supplements. There are (2) 2 bed homes and (3) 3 bed homes. Some of the tenants have been there for 5+ years. Separately metered. Owner pays for a community dumpster for trash service and that's it! Possibilities are endless here. **Tenants unaware of sale, please do not disturb or approach anyone**
Last Agent to Sell the Property
Lutz Sales + Investments License #SP00238866 Listed on: 05/11/2021
Property Details
Property Type
- Other
Est. Annual Taxes
- $3,001
Year Built
- Built in 1945
Lot Details
- 1.04 Acre Lot
- Property is zoned R-6
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 1-Story Property
- Basement
Parking
- Garage
- Off-Street Parking
Schools
- Cassell Park Elementary School
- Van Horn High School
Utilities
- Central Heating and Cooling System
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 27-730-03-04-00-0-00-000
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Gross Income $47,868
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2021
Closed on
Jun 24, 2021
Sold by
Ena Family Llc
Bought by
Icenhower Holdings Llc
Seller's Agent
Micah Thomas
Lutz Sales + Investments
Buyer's Agent
Wendy Marckx
RE/MAX Revolution
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,584
Avg. Annual Appreciation
-4.03%
Original Mortgage
$281,230
Outstanding Balance
$259,013
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$60,379
Purchase Details
Closed on
May 21, 2019
Sold by
Msl Properties Llc
Bought by
Ena Family Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2018
Sold by
Kc Je 2 Llc
Bought by
Msl Properties Llc
Purchase Details
Closed on
Oct 30, 2006
Sold by
Emanuels John and Emanuels Leslie
Bought by
Je-2 Kc
Purchase Details
Closed on
Aug 5, 2005
Sold by
Penjam Llc
Bought by
Emanuels John and Emanuels Leslie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 15, 2004
Sold by
Bannister Realty Co Inc
Bought by
Penjam Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 16, 2004
Sold by
Darrah Tammera J
Bought by
Cumpton James Bradley and Cumpton Angela Leann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 2, 2001
Sold by
Draves Phillip D and Draves Cathleen M
Bought by
Cain Joseph M and Cain Karen K
Purchase Details
Closed on
Dec 31, 1996
Sold by
Heins Helmut J and Heins Renate M
Bought by
Draves Phillip D and Draves Cathleen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.54%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Icenhower Holdings Llc | -- | Platinum Title | |
| Ena Family Llc | -- | Chicago Title Company Llc | |
| Msl Properties Llc | -- | None Available | |
| Je-2 Kc | -- | Metro One Title | |
| Emanuels John | -- | Metro One | |
| Penjam Llc | -- | First American Title Ins Co | |
| Cumpton James Bradley | -- | -- | |
| Cain Joseph M | -- | Realty Title Company | |
| Draves Phillip D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Icenhower Holdings Llc | $281,230 | |
| Previous Owner | Ena Family Llc | $216,000 | |
| Previous Owner | Kc Je-2 Llc | $208,000 | |
| Previous Owner | Emanuels John | $180,000 | |
| Previous Owner | Penjam Llc | $135,000 | |
| Previous Owner | Cumpton James Bradley | $75,000 | |
| Previous Owner | Draves Phillip D | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2021 07/08/21 | Sold | -- | -- | -- |
| 05/14/2021 05/14/21 | Pending | -- | -- | -- |
| 05/11/2021 05/11/21 | For Sale | $350,000 | -- | $405 / Sq Ft |
Source: Heartland MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,139 | $59,508 | $8,968 | $50,540 |
| 2023 | $4,139 | $59,508 | $8,968 | $50,540 |
| 2022 | $3,975 | $44,080 | $6,647 | $37,433 |
| 2021 | $3,344 | $44,080 | $6,647 | $37,433 |
| 2020 | $3,001 | $38,503 | $6,647 | $31,856 |
| 2019 | $2,956 | $38,503 | $6,647 | $31,856 |
| 2018 | $2,649 | $33,510 | $5,785 | $27,725 |
| 2017 | $2,463 | $33,510 | $5,785 | $27,725 |
| 2016 | $2,463 | $30,447 | $6,262 | $24,185 |
| 2014 | $2,341 | $29,561 | $6,080 | $23,481 |
Source: Public Records
Agents Affiliated with this Home
-
Micah Thomas
-
Wendy Marckx
Buyer's Agent in 2021
Wendy Marckx
RE/MAX Revolution
(816) 588-8366
1 in this area
54 Total Sales
Map
Source: Heartland MLS
MLS Number: 2321020
APN: 27-730-03-04-00-0-00-000
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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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