NOT LISTED FOR SALE

1025 Arrowhead Ridge Independence, MO 64056

Ripley Neighborhood

Estimated Value: $214,000 - $232,000

4 Beds
2 Baths
1,560 Sq Ft
$141/Sq Ft Est. Value

Sale Details

Date Sold: April 26, 2021

Current estimated payment $1,339 / mo

16 Days on Market

Highlights

  • Central Air
  • Paved or Partially Paved Lot
  • 1-Story Property

About This Home

As of April 2021

10-2 bedroom duplexes in one neighborhood all with the same floor plan. Market rent: $750 per unit with a low vacancy rate. Seller is a licensed Real Estate agent in the state of Missouri. Please do not disturb the tenants.

Last Agent to Sell the Property

christopher Harris

Realty Professionals Heartland License #2006019952 Listed on: 01/19/2021

Last Buyer's Agent

Michelle Lutz

Lutz Sales + Investments License #SP00239672

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.27

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Cler-Mont Elementary School
  • Fort Osage High School

Utilities

  • Central Air
  • Separate Meters

Additional Features

  • 1-Story Property
  • Paved or Partially Paved Lot

Listing and Financial Details

  • Assessor Parcel Number 16-510-02-37-00-0-00-000

Community Details

Overview

  • 20 Units
  • Far View Gardens Subdivision

Building Details

  • Gross Income $150,000

Property Details

Home Type

Multi-Family

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 41-50 Years
  • Legal Description: Multiple legal descriptions due to partial
  • Package: 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: christopher Harris
  • List Office Mls Id: RPH
  • List Office Name: Realty Professionals Heartland
  • List Office Phone: 816-220-5600
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 30000
  • Special Documents Required: No
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Vinyl Siding
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved

Utilities

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

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: None

Schools

  • Middle/Junior School: Osage TRail

Lot Info

  • Zoning: M
  • Parcel Number: 16-510-02-37-00-0-00-000
  • Subdivision Name: Far View Gardens

Rental Info

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

Building Info

  • Number of Units Total: 20

Multi Family

  • Gross Income: 150000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Personal Prop Tax, Property Insurance

Tax Info

  • Tax Abatement: No

MLS Schools

  • Elementary School: Cler-Mont
  • School District: Fort Osage
  • High School: Fort Osage

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

Closed on
Apr 24, 2023
Sold by
Bought by
Current Estimated Value
$219,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Outstanding Balance
$192,935
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$26,295

Purchase Details

Closed on
Jul 2, 2007
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
$77,130
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
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
$58,720
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
-- Continental Title
-- First American Title
-- Ctic
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 $199,750
Previous Owner $77,130
Previous Owner $58,720
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
04/26/2021 04/26/21 Sold -- -- --
02/04/2021 02/04/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $1,500,000 -- $962 / 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 $1,854 $19,598 $6,699 $12,899
2024 $1,854 $23,347 $6,213 $17,134
2023 $1,845 $23,347 $3,817 $19,530
2022 $1,233 $14,820 $3,069 $11,751
2021 $1,232 $14,820 $3,069 $11,751
2020 $1,091 $12,940 $3,069 $9,871
2019 $1,080 $12,940 $3,069 $9,871
2018 $928 $11,049 $1,400 $9,649
2017 $928 $11,049 $1,400 $9,649
2016 $829 $10,773 $1,767 $9,006
2014 $735 $9,500 $1,988 $7,512
Source: Public Records

Agents Affiliated with this Home

  • c

    Seller's Agent in 2021

    christopher Harris

    Realty Professionals Heartland

    (816) 582-4856

    2 in this area

    9 Total Sales

    christopher Harris
    Section Image
  • Michelle Lutz

    Buyer's Agent in 2021

    Michelle Lutz

    Lutz Sales + Investments

    (913) 308-0303

    8 in this area

    209 Total Sales

    Michelle Lutz
    Section Image
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Map

Source: Heartland MLS

MLS Number: 2301674

Heartland MLS

APN: 16-510-02-37-00-0-00-000

Missouri Jackson County Independence 64056 Ripley

1025 Arrowhead Ridge, Independence, MO

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.

Heartland MLS 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.
Listings courtesy of Heartland MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393

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