NOT LISTED FOR SALE

10605 E 78th Terrace Raytown, MO 64138

Estimated Value: $253,260 - $297,000

4 Beds
2 Baths
1,598 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 21, 2023

Current estimated payment $1,692/month

8 Days on Market

Highlights

  • No HOA
  • Garage
  • Fenced
  • Central Air

About This Home

As of July 2023

Perfect opportunity to own a multi family in a growing area with great tenants and one of them long standing. Brand new lease in place in the renovated side. The other side is not renovated but tenants have lived there a long time. Current management is available to continue managing. New flooring, bathroom, and updates throughout the second unit. Newer roof, HVAC, and mechanicals. Low expenses on this very well maintained property. Two- two bedroom units fully occupied and request leases anytime. Showings blocked for Friday 1:30-3 to view both units.

Last Agent to Sell the Property

Ashley Kendrick

Chartwell Realty LLC Brokerage Phone: 816-699-7566 License #2006035451 Listed on: 06/29/2023

Chartwell Realty LLC

Last Buyer's Agent

Christina Brown

Sage Door Realty, LLC License #2009032911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1961

Lot Details

  • 10,653 Sq Ft Lot
  • Fenced

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Basement

Schools

  • Southwood Elementary School
  • Raytown South High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 45-720-08-01-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Southwood Subdivision

Building Details

  • Gross Income $24,648

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1961
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Ashley Kendrick
  • List Office Mls Id: HMSCHAR02
  • List Office Name: Chartwell Realty LLC
  • List Office Phone: 816-877-8200
  • Mls Status: Sold
  • Operating Expense: 4000
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 816-699-7566
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Exterior Features: Fence
  • Roof: Composition
  • Construction Materials: Brick Trim
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Security 1st Title Co

Schools

  • Middle/Junior School: Raytown South
  • Junior High Dist: Raytown

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 10653
  • Parcel Number: 45-720-08-01-00-0-00-000
  • Subdivision Name: Southwood
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 24648
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2500
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Southwood
  • High School: Raytown South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 17, 2020
Sold by
Martin Inez Charlene and Martin Steve A
Bought by
Sepe Quinten and Sepe Elizabeth
Seller's Agent
Ask Cathy
Keller Williams Platinum Prtnr
Buyer's Agent
Ashley Kendrick
Chartwell Realty LLC
List Price
$150,000
Current Estimated Value
$277,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Original Mortgage
$112,500
Outstanding Balance
$99,795
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$177,270
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
Sepe Quinten -- Coffelt Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepe Quinten $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2023 07/21/23 Sold -- -- --
07/08/2023 07/08/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $285,000 +90.0% $178 / Sq Ft
08/20/2020 08/20/20 Sold -- -- -- View Prior Sale
07/18/2020 07/18/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $150,000 -- $94 / 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 $2,878 $30,905 $5,749 $25,156
2024 $2,859 $31,903 $3,859 $28,044
2023 $2,859 $31,903 $3,621 $28,282
2022 $2,198 $23,370 $1,991 $21,379
2021 $2,206 $23,370 $1,991 $21,379
2020 $1,946 $20,422 $1,991 $18,431
2019 $1,936 $20,422 $1,991 $18,431
2018 $1,627 $17,774 $1,733 $16,041
2017 $1,627 $17,774 $1,733 $16,041
2016 $1,577 $17,328 $3,040 $14,288
2014 $1,594 $17,328 $3,040 $14,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2442479

Heartland MLS

APN: 45-720-08-01-00-0-00-000