NOT LISTED FOR SALE

10761 Interstate 70 Dr NE Columbia, MO 65202

Estimated Value: $339,680

-- Bed
1 Bath
-- Sq Ft
2.55 Acres

Last Sold April 16, 2018

Current estimated payment $2,047/month

2 Days on Market

About This Home

As of April 2018

This multi-family property has a ton of potential for the right investor. It produces a great return as it is and there is a lot of room for increased income and higher returns. The property sits on 2.5 acres in Boone County outside of Columbia city limits. There are 14 buildings in total, 12 active rental units, 1 unit that has been converted to laundry and storage and 1 unit in need of a remodel. In addition, there is one vacant lot that has electric, water and sewer already run to it. The rental units are occupied by long term tenants, many have been there for several years. 10 of the buildings are approximately 450 sq.ft. plus a loft and 4 of the buildings are approximately 350 sq.ft plus a loft. All units are 1 bedroom, 1 bath and all have a loft that can be a second bedroom. Opportunity abounds for the creative investor here. Many different options for growth include extra land for the addition of more housing or self-storage units, etc. They could be sold individually as the latest home trend, tiny houses. These A-frame cottages are unique and have a lot of character. If you are interested in a multi-family investment property, you will not find this many units for this price again.

Last Agent to Sell the Property

Greg Harmon

RE/MAX Boone Realty License #1999023024 Listed on: 03/13/2018

RE/MAX Boone Realty

Last Buyer's Agent

Melody Derendinger

House of Brokers Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,361

Lot Details

  • 2.55

Home Design

Schools

  • Two Mile Prairie Elementary School
  • Lange Middle School
  • Battle High School

Additional Features

  • 2.55 Acre Lot
  • Septic Tank

Community Details

  • Columbia Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Total Actual Rent $3,850
  • Assessor Parcel Number 1810408000010001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,361

Lot Details

0

Listing Details

  • Directions: I-70 East to RT Z Centralia Exit, North to Right on I-70 Dr NE to property on left. A FRAMES.
  • Prop. Type: Residential Income
  • Property Sub Type: Apartment Bldg (5+)
  • Lot Size Acres: 2.55
  • Subdivision Name: COLUMBIA
  • Water and Sewer:Public Water: Yes
  • Water and Sewer:Septic Tank: Yes
  • Special Features: None

Exterior Features

  • Construction:Frame: Yes

Condo/Co-op/Association

  • Amenities: Central Laundry

Association/Amenities

  • Amenities (Common):Central Laundry: Yes

Schools

  • Elementary School: Two Mile Prairie
  • Junior High Dist: Columbia
  • High School: Battle
  • Middle Or Junior School: Lange

Lot Info

  • Lot Size Sq Ft: 111078.0
  • Parcel #: 1810408000010001
  • ResoLotSizeUnits: Acres

Multi Family

  • Total Actual Rent: 3850.0

Tax Info

  • Tax Annual Amount: 2360.59
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Rickman Brenda
Bought by
Hague Hunter
Current Estimated Value
$339,680

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 16, 2018
Sold by
Griswold Enterprises Llc
Bought by
Trs Properites Management Llc
Seller's Agent
Greg Harmon
RE/MAX Boone Realty
Buyer's Agent
Melody Derendinger
House of Brokers Realty, Inc.
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$200,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hague Hunter -- None Listed On Document
Trs Properites Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trs Property Management Llc $500,000
Previous Owner Trs Property Management Llc $350,000
Previous Owner Trs Properites Management Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold -- -- --
03/16/2018 03/16/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $229,900 +39.3% --
10/10/2014 10/10/14 Sold -- -- --
09/29/2014 09/29/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $165,000 -- --
Source: Columbia Board of REALTORS®

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
2024 $1,944 $26,885 $2,185 $24,700
2023 $1,928 $26,885 $2,185 $24,700
2022 $1,926 $26,885 $2,185 $24,700
2021 $1,929 $26,885 $2,185 $24,700
2020 $2,044 $26,885 $2,185 $24,700
2019 $2,044 $26,885 $2,185 $24,700
2018 $2,057 $0 $0 $0
2017 $2,708 $26,885 $2,185 $24,700
2016 $2,145 $28,405 $2,185 $26,220
2015 $1,981 $28,405 $2,185 $26,220
2014 $1,985 $28,405 $2,185 $26,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbia Board of REALTORS®

MLS Number: 376549

Columbia Board of REALTORS®

APN: 18-104-08-00-001-00-01