NOT LISTED FOR SALE

109 W Yoakum Ave Chaffee, MO 63740

Estimated Value: $254,933

11 Beds
7 Baths
4,548 Sq Ft
$56/Sq Ft Est. Value

Last Sold January 31, 2022

Current estimated payment $1,500/month

64 Days on Market

Highlights

  • Brick or Stone Mason
  • Downtown Location
  • Baseboard Heating
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Coin Laundry

About This Home

As of January 2022

INVESTOR ALERT - THIS LIST PRICE OF $229,900 INCLUDES BOTH 109 W. YOAKUM (Very nice 6 Unit Apartment Building) & 115 W. YOAKUM (MLS 21073535 - 2 Story Building used currently for storage/warehouse) * These are 2 buildings with separate parcel #s - they are adjacent to each other & share a wall * 6 unit apt building at 109 W. Yoakum itself is an Outstanding Value & Great Income Producer- amazing Cap Rate of approx. 13.8% based on $205,000 market value for 109 W. Yoakum * One Efficiency Apt (vacant) - $315/mo * One 1BR, 1BA - $400 * Two 2BR, 1BA- $500 & $575 ea * Two 3BR, 2BA -$600 & $675 * Gross Operating Income: $35,580 * Annual Net Income: $28,308 * Several property & apt improvements/renovations including complete rehab of Unit #3 * Coin operated washer & dryer * Units 5 & 6 have w/d hookups * Tenants pay electric * Great parking in rear w/alley access * Also see MLS 21073526, 21073541 for additional listings available.

Last Listed By

Marlene Bell

Edge Realty License #1999110537 Listed on: 10/14/2021

Edge Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $958

Year Built

  • Built in 1915

Lot Details

  • 4,487 Sq Ft Lot
  • Lot Dimensions are 32x140
  • Downtown Location

Home Design

  • 4,548 Sq Ft Home
  • Brick or Stone Mason

Parking

  • On-Street Parking
  • Parking Lot

Schools

  • Chaffee Elem. Elementary School
  • Chaffee Jr.-Sr. High Middle School
  • Chaffee Jr.-Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Oven or Range
  • Laundry in Utility Room

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric
  • Assessor Parcel Number 04-4.0-18.00-001-014-022.00

Community Details

Overview

  • 6 Units
  • Low-Rise Condominium

Amenities

  • Coin Laundry

Property Details

Home Type

Apartment

Est. Annual Taxes

$958

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Age: 107
  • Ownership: Private
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Coin Operated, Lndry Connect Sm Un
  • Square Footage: 4548

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking, Parking Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Baseboard, Forced Air

Schools

  • School District: Chaffee R-II
  • Elementary School: Chaffee Elem.
  • Middle School: Chaffee Jr.-Sr. High
  • High School: Chaffee Jr.-Sr. High
  • Elementary School: Chaffee Elem.
  • Junior High School: Chaffee Jr.-Sr. High
  • School District: Chaffee R-II
  • Senior High School: Chaffee Jr.-Sr. High

Lot Info

  • Lot Dimensions: 32x140
  • Lot Sq Ft: 4487
  • Location: Downtown
  • Acres: 0.1030

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric

Multi Family

  • Building Number: 1
  • Total Units: 6

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 906
  • Assessor Parcel Number: 04-4.0-18.00-001-014-022.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2012
Sold by
Dohogne Rick
Bought by
Jackson Rentals
Total Days on Market
64
Current Estimated Value
$254,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,622
Interest Rate
3.37%
Mortgage Type
Commercial

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
Jackson Rentals -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Rentals Llc $217,474
Closed Jackson Rentals Llc $121,622
Closed Jackson Rentals $194,676
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold -- -- --
12/18/2021 12/18/21 Pending -- -- --
11/11/2021 11/11/21 Price Changed $229,900 -8.0% $51 / Sq Ft
10/14/2021 10/14/21 For Sale $249,900 -- $55 / 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 $958 $16,210 $0 $0
2023 $956 $16,210 $0 $0
2022 $922 $15,590 $0 $0
2021 $942 $15,590 $0 $0
2020 $482 $14,960 $0 $0
2019 -- $15,060 $0 $0
2018 -- $15,060 $0 $0
2017 -- $15,060 $0 $0
2014 -- $9,720 $0 $0
2011 -- $9,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MAR21073630

MARIS MLS

APN: 04-4.0-18.00-001-014-022.00