NOT LISTED FOR SALE

10501 E 78th Terrace Raytown, MO 64138

Estimated Value: $272,000 - $305,000

5 Beds
3 Baths
2,212 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 10, 2017

Current estimated payment $1,777/month

35 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Wood Flooring
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room

About This Home

As of March 2017

Fully Remodeled Duplex by Meridel. Live in 10501 & Lease 10503, or investors cash flow over $2k gross per month in rents. 10501 has 3 large Bdrms, 2 full baths, new hardwoods w/ new IKEA grey kitchen & granite; GE stainless appliances. Beautiful huge back deck off the kitchen great for entertaining. Family RM, 2-Car Garage & spacious dry basement storage. 10503 is a Fully Remodeled 2-Bdrm, 1 Bath with new hardwoods, excellent kitchen & back deck, along with a large dry basement. Rare investment opportunity. 10501 features over 1,200 sq ft of living space. 10503 features 691 sq ft of living space + 27x30 basement; Set up perfect for Mother-in-Law quarters.

Listing Agent is Related to Owner of Corporation Selling Duplex
Room Sizes are Approximate

Last Agent to Sell the Property

Matt Kincaid

RE/MAX State Line License #BR00223281 Listed on: 12/10/2016

RE/MAX State Line

Last Buyer's Agent

Matt Kincaid

RE/MAX State Line License #BR00223281 Listed on: 12/10/2016

RE/MAX State Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 89 x 120
  • Private Entrance

Home Design

  • Duplex
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Family Room
  • Combination Kitchen and Dining Room
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Southwood Elementary School
  • Raytown South High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 45-720-08-05-00-0-00-000

Community Details

Overview

  • 2 Units
  • Southwood Subdivision

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,706

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: SOUTHWOOD BEG MOST ELY COR LOT 318 TH SELY 120' TO MOST SLY COR THOF TH NWLY ALG REAR LI 3.85' TH NELY TO PT ON FRNT LI 9' NWLY FRM ELY COR THOF TH SELY 9' TO BEG & NWLY
  • Restrictions: Dishwasher, Oven, Stove
  • Package: No
  • Year Built: 1961
  • Senior Community: No
  • Dining Area Features: Eat-In Kitchen, Kit/Dining Combo
  • 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: Matt Kincaid
  • List Office Mls Id: RMX 03
  • List Office Name: RE/MAX State Line
  • List Office Phone: 913-649-3100
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 2400
  • Other Room Features: Family Room, Private Bath
  • Special Documents Required: No
  • Tax Total Amount: 1706
  • Unit Type: 4 Bedroom Or More
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Individual Storage, Private Entry
  • Basement: Yes
  • Flooring: Carpeted Floors, Wood Floors
  • Laundry Features: In The Basement
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • Middle/Junior School: South Middle

Lot Info

  • In Floodplain: Unknown
  • Zoning: RES
  • Lot Dimensions: 89 x 120
  • Parcel Number: 45-720-08-05-00-0-00-000
  • Subdivision Name: Southwood

Rental Info

  • Existing Lease Terms: None

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 24000
  • Operating Expenses Include: Maintenance, Property Insurance, Property Mgmt, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1706.00

MLS Schools

  • Elementary School: Southwood
  • School District: Raytown
  • High School: Raytown South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Gallup Donald E and Thomas Melvin D
Bought by
Ryan Connie and Kleban Todd
Current Estimated Value
$288,200

Purchase Details

Listed on
Dec 10, 2016
Closed on
Mar 8, 2017
Sold by
Meridel Inc
Bought by
Gallup Donald E and Ryan Connie S
Seller's Agent
Matt Kincaid
RE/MAX State Line
Buyer's Agent
Matt Kincaid
RE/MAX State Line
List Price
$189,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
Apr 20, 2016
Sold by
Wright Brenda S and Cogbill David
Bought by
Meridel Inc
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

Date Buyer Sale Price Title Company
Ryan Connie -- Fidelity National Title
Gallup Donald E $183,000 Continental Title
Meridel Inc -- Continental Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold -- -- --
01/14/2017 01/14/17 Pending -- -- --
12/10/2016 12/10/16 For Sale $189,888 -- $86 / 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 $3,205 $38,194 $5,909 $32,285
2024 $3,183 $35,530 $4,997 $30,533
2023 $3,183 $35,530 $4,997 $30,533
2022 $2,717 $28,880 $4,836 $24,044
2021 $2,726 $28,880 $4,836 $24,044
2020 $2,409 $25,274 $4,836 $20,438
2019 $2,396 $25,274 $4,836 $20,438
2018 $1,755 $19,177 $1,870 $17,307
2017 $1,755 $19,177 $1,870 $17,307
2016 $1,701 $18,696 $3,040 $15,656
2014 $1,720 $18,696 $3,040 $15,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2023252

Heartland MLS

APN: 45-720-08-05-00-0-00-000