NOT LISTED FOR SALE

Estimated Value: $246,000 - $416,000

10 Beds
6 Baths
864 Sq Ft
$413/Sq Ft Est. Value

Sale Details

Date Sold: July 8, 2021

Current estimated payment $2,246 / mo

3 Days on Market

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

Micah Thomas

Standard Real Estate License #SP00238866 Listed on: 05/11/2021

Last Buyer's Agent

Wendy Marckx

Real Broker, LLC License #2014009378

Real Broker, LLC

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

Property Details

Property Type

Other

Est. Annual Taxes

$3,001

Year Built

Built in 1945

Lot Details

1.04 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Age Description: 76-100 Years
  • Legal Description: TWIN HILLS LOT 2 (EX W 93.25' OF N 100')
  • Package: No
  • Year Built: 1945
  • Co List Office Mls Id: LOAG
  • Co List Office Name: LOCAL AGENT
  • Co List Office Phone: 888-378-5235
  • 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: Micah Thomas
  • List Office Mls Id: LOAG
  • List Office Name: LOCAL AGENT
  • List Office Phone: 888-378-5235
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 9809
  • Special Documents Required: No
  • Tax Total Amount: 3001
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Off Street

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Schools

  • Middle/Junior School: Nowlin

Lot Info

  • In Floodplain: No
  • Zoning: R-6
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 45302.40
  • Parcel Number: 27-730-03-04-00-0-00-000

Rental Info

  • Existing Lease Terms: Month To Month, One Year Lease, Other

Building Info

  • Number of Units Total: 5

Multi Family

  • Gross Income: 47868
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Property Insurance, Property Mgmt, Real Estate Tax, Refuse Collection

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3001.00

MLS Schools

  • Elementary School: Cassell Park
  • School District: Independence
  • High School: Van Horn

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 24, 2021
Sold by
Bought by
Seller's Agent
Micah Thomas
Standard Real Estate
Buyer's Agent
Wendy Marckx
Real Broker, LLC
List Price
$350,000
Current Estimated Value
$356,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.00%
Original Mortgage
$281,230
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2019
Sold by
Bought by

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
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2018
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 2005
Sold by
Bought by

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
0.0561%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2004
Sold by
Bought by

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
0.0587%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2004
Sold by
Bought by

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
0.059%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 2, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Platinum Title
-- Chicago Title Company Llc
-- None Available
-- Metro One Title
-- Metro One
-- First American Title Ins Co
-- --
-- Realty Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $281,230
Previous Owner $216,000
Previous Owner $180,000
Previous Owner $135,000
Previous Owner $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,243 $58,296 $16,937 $41,359
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

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Map

Source: Heartland MLS

MLS Number: 2321020

Heartland MLS

APN: 27-730-03-04-00-0-00-000

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