$145,000
SOLD MAR 20, 2024
Last list price

108 College Ave Licking, MO 65542

2 Beds
1 Bath
1,872 Sq Ft
0.25 Acres

Recently Sold

$77 Per Sq Ft

93 Days on Market

About This Home

As of March 2024

Investment Opportunity. This two-story gem boasts a versatile layout, featuring a thriving restaurant on the ground floor & a charming 2-bed, 1-bath apartment on the upper level. This property's prime location, right across from Licking High School, ensures a steady stream of potential customers & tenants. It's a hotspot for students, families, & locals alike. The restaurant space has been thoughtfully upgraded with new cabinets & floors, providing a fresh & inviting atmosphere for diners. It's turnkey & ready for your vision. The 2-bed, 1-bath apartment upstairs is a cash flow generator, currently rented for $600 per month, which includes utilities. With both a restaurant and residential unit, this property offers versatility in revenue streams. Use it as-is or explore various income-generating possibilities. This is a rare opportunity to invest in a property that combines location, income potential, & versatility. *Duplicate listing of MLS# 23056356*

Last Agent to Sell the Property

Jenette Richardson

EXP Realty LLC License #2021041758 Listed on: 09/20/2023

EXP Realty LLC

Last Buyer's Agent

Kristi Atterberry

RE/MAX Professional Realty License #2005033701

RE/MAX Professional Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $706

Year Built

  • Built in 1937

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 109x100

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Additional Parking

Schools

  • Licking Elem. Elementary School
  • Licking High Middle School
  • Licking High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 10-0.3-07-003-004-001.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$706

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Directions: Take US 63 south and turn left onto College Ave. Restaurant will be on the right. Sign in yard.
  • Property Sub-Type: Residential
  • Lot Size Acres: 0.25
  • Co List Office Phone: 4512020
  • Subdivision Name: Hayes
  • Above Grade Finished Sq Ft: 1872
  • Architectural Style: Traditional
  • Carport Y N: No
  • Unit Levels: Two
  • Age: 87
  • Style Description: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Electric Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No

Beds/Baths

  • Bedroom Description: Other

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Flood Plain No, No Other Known Restr
  • Construction Type: Other

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Additional Parking, Other
  • Driveway: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Licking Elem.
  • Junior High Dist: Licking R-VIII
  • High School: Licking High
  • Middle Or Junior School: Licking High

Lot Info

  • Lot Dimensions: 109x100
  • Lot Size Sq Ft: 10890
  • Parcel Number: 10-0.3-07-003-004-001.01

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Mar 20, 2024
Sold by
Ingram V Jason V V and Ingram Cassandra D
Bought by
Peyton Bradley G and Peyton Debra K
Seller's Agent
Jenette Richardson
EXP Realty LLC
Buyer's Agent
Kristi Atterberry
RE/MAX Professional Realty
List Price
$145,000
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Jun 16, 2021
Sold by
Kinder Dale and Kinder Stephanie
Bought by
Ingram Jason V and Ingram Cassandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 2, 2017
Sold by
Roberts William L and Roberts Joey A
Bought by
Kinder Dale and Kinder Stephanie

Purchase Details

Closed on
Apr 28, 2006
Sold by
Taylor Mark and Taylor Kathy
Bought by
Sullins Gary L and Sullins Brenda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Texas County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Previous Owner $92,250 New Conventional
Previous Owner $62,250 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $150,000 +7.1% $81 / Sq Ft
03/20/2024 03/20/24 Sold -- -- --
02/22/2024 02/22/24 Pending -- -- --
12/04/2023 12/04/23 Price Changed $140,000 -3.4% $75 / Sq Ft
11/20/2023 11/20/23 For Sale $145,000 -- $77 / Sq Ft
Source: MARIS 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
2024 $592 $13,580 $0 $0
2023 $592 $13,580 $0 $0
2022 $541 $12,470 $0 $0
2021 $482 $12,470 $0 $0
2020 $482 $12,470 $0 $0
2019 $482 $12,470 $0 $0
2018 $441 $11,340 $0 $0
2017 $440 $11,340 $0 $0
2016 $439 $11,340 $0 $0
2015 -- $11,340 $0 $0
2014 -- $11,340 $0 $0
2013 -- $10,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23068184

MARIS MLS

APN: 10-0.3-07-003-004-001.01