1116 N Madison St Raymore, MO 64083
Estimated payment $8,690/month
Highlights
- 664,290 Sq Ft lot
- Pond
- Farm
- Creekmoor Elementary School Rated A-
- No HOA
About This Home
Prime 15-Acre Development Opportunity in Raymore!Unlock the potential of this expansive 15-acre property, ideally suited for residential development. Located in a rapidly growing area with convenient access to major roadways, schools, and amenities, this site offers a rare opportunity for a new subdivision in the heart of Raymore.The land is well-manicured and ready for transformation, featuring a gently rolling terrain, a pond, and existing utilities—all key advantages for a seamless development process. A 50x30 barn/outbuilding with stalls, water, and 220 power is already in place, along with smart fencing for various uses.A spacious 4,000+ sq. ft. home currently sits on the property, offering potential for rental income, a model home, or redevelopment. Key home features include 4+ bedrooms, multiple living areas, a finished walk-out lower level, and a newer covered deck overlooking the peaceful landscape.With strong demand for new residential communities in this sought-after area, this is an exceptional investment for developers ready to capitalize on Raymore’s growth. Don’t miss this rare opportunity to bring a premier subdivision to market!Property is also listed under residential with MLS #: 2538436
Listing Agent
ReeceNichols - Leawood Brokerage Phone: 212-564-8614 License #00251694 Listed on: 02/22/2025
Co-Listing Agent
ReeceNichols - Leawood Brokerage Phone: 212-564-8614 License #SP00219184
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,866
Lot Details
- 15.25 Acre Lot
- Lot Dimensions are 1258x528
- Property fronts a private road
- Possible uses of the property include Agricultural
Home Design
- Farm
Schools
- Creekmoor Elementary School
- Raymore-Peculiar High School
Additional Features
- Pond
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2204600
- $0 special tax assessment
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,866 | $59,790 | $11,080 | $48,710 |
| 2023 | $4,859 | $59,790 | $11,080 | $48,710 |
| 2022 | $4,408 | $53,880 | $11,080 | $42,800 |
| 2021 | $4,409 | $53,880 | $11,080 | $42,800 |
| 2020 | $4,342 | $52,120 | $11,080 | $41,040 |
| 2019 | $4,191 | $52,120 | $11,080 | $41,040 |
| 2018 | $3,845 | $46,180 | $8,870 | $37,310 |
| 2017 | $3,536 | $46,180 | $8,870 | $37,310 |
| 2016 | $3,536 | $44,080 | $8,870 | $35,210 |
| 2015 | $3,539 | $44,080 | $8,870 | $35,210 |
| 2014 | $3,320 | $41,340 | $8,870 | $32,470 |
| 2013 | -- | $41,340 | $8,870 | $32,470 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2024 04/15/24 | Sold | -- | -- | -- |
| 02/16/2024 02/16/24 | Pending | -- | -- | -- |
| 12/08/2023 12/08/23 | Price Changed | $765,000 | -3.8% | $186 / Sq Ft |
| 08/19/2023 08/19/23 | For Sale | $795,000 | 0.0% | $194 / Sq Ft |
| 08/14/2023 08/14/23 | Off Market | -- | -- | -- |
| 06/28/2023 06/28/23 | For Sale | $795,000 | -- | $194 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Coffelt Land Title | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $186,800 | New Conventional | |
| Previous Owner | $239,500 | New Conventional | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $247,000 | New Conventional | |
| Previous Owner | $249,750 | New Conventional | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $244,720 | New Conventional | |
| Previous Owner | $27,000 | Credit Line Revolving |
Source: Heartland MLS
MLS Number: 2532412
APN: 2204600
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Based on information submitted to the MLS GRID as of [see last changed date above]. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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