Last list price
10761 Interstate 70 Dr NE Columbia, MO 65202
--
Bed
--
Bath
--
Sq Ft
2.55
Acres
About This Home
As of April 2018This 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
RE/MAX Boone Realty License #1999023024 Listed on: 03/13/2018
Last Buyer's Agent
Melody Derendinger
Weichert, Realtors - House of Brokers
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,361
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
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
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
Weichert, Realtors - House of Brokers
List Price
$229,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$200,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Similar Home in Columbia, MO
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $350,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $200,000 | New Conventional |
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
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
-
Seller's Agent in 2018
Greg Harmon
RE/MAX
(573) 696-2638
145 Total Sales
-
Buyer's Agent in 2018
Melody Derendinger
Weichert, Realtors - House of Brokers
(573) 219-0174
47 Total Sales
-
D
Seller's Agent in 2014
David Akin
United Country Missouri Land & Home
Map
Source: Columbia Board of REALTORS®
MLS Number: 376549
APN: 18-104-08-00-001-00-01
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