NOT LISTED FOR SALE

109 E Main St Drexel, MO 64742

Studio
-- Bath
1,780 Sq Ft
3,572 Sq Ft

Last Sold June 08, 2018

About This Home

This long established liquor store is located on Main Street in Drexel with plenty of parking spaces & foot traffic, good revenue and repeat customers. This store is a full service liquor store that sells liquor, beer, wine, cigarettes, lotto, fireworks and more. It has plenty of counter and cooler space, and enough floor space for the new owner to remodel or expand with creative ideas. This store is surrounded by many other well established businesses that have been in business for many years. The business is sold As Is including all inventory and equipment. The main business space is 1300 sqft including back storage, a restroom, and huge stand up/built in coolers. Lots of possibilities for anyone looking to take over a liquor business or to buy a building to start a new business.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2018
Sold by
Rife Shannon and Rife Betty
Bought by
Twaddle Tyrus and Holland Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,082
Outstanding Balance
$41,934
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 21, 2017
Closed on
Jun 8, 2018
Sold by
Ducan Jennifer Danielle
Bought by
Rife Shannon and Rife Betty
Seller's Agent
Amy Allen
Keller Williams Realty Partners Inc.
Buyer's Agent
Amy Allen
Keller Williams Realty Partners Inc.
List Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,675
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 20, 2015
Sold by
Drexel Liquor Llc
Bought by
Duncan James Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,794
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 28, 2005
Sold by
Fink Joe and Fink Dixie
Bought by
Stewart Michael L and Stewart Patsy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,806
Interest Rate
5.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Twaddle Tyrus -- Security 1St Title
Rife Shannon -- Security 1St Title
Duncan James Patrick -- None Available
Stewart Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twaddle Tyrus $48,082
Previous Owner Rife Shannon $61,675
Previous Owner Duncan James Patrick $29,794
Previous Owner Stewart Michael L $37,806
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2018 06/08/18 Sold -- -- -- View Prior Sale
05/20/2018 05/20/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $40,000 -38.5% $22 / Sq Ft
04/05/2018 04/05/18 Price Changed $65,000 -24.4% $37 / Sq Ft
02/12/2018 02/12/18 Price Changed $86,000 -21.8% $48 / Sq Ft
11/21/2017 11/21/17 For Sale $110,000 -- $62 / Sq Ft

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 $891 $12,120 $870 $11,250
2024 $891 $11,490 $800 $10,690
2023 $887 $11,490 $800 $10,690
2022 $791 $10,470 $960 $9,510
2021 $748 $10,470 $960 $9,510
2020 $683 $9,610 $960 $8,650
2019 $670 $9,610 $960 $8,650
2018 $680 $9,610 $960 $8,650
2017 $559 $9,610 $960 $8,650
2016 $559 $7,890 $960 $6,930
2015 $563 $7,890 $960 $6,930
2014 $570 $7,890 $960 $6,930
2013 -- $7,890 $960 $6,930
Source: Public Records

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