NOT LISTED FOR SALE

11531 E Lexington Ave Sugar Creek, MO 64054

Estimated Value: $259,000 - $436,000

8 Beds
4 Baths
3,432 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 03, 2019

Current estimated payment $2,348/month

6 Days on Market

About This Home

As of July 2019

This is your time to own a great investment property that is 100% occupied bringing in minimum of $2,200 monthly. $12,000 in capital improvements were made in two of the units (A & C) in 2018. Photos are from previous listing. Fully occupied - two month to month leases and two 1 year leases good until January & March 2020.

Last Agent to Sell the Property

Courtney Redding

Real Broker, LLC-MO License #2017001615 Listed on: 05/08/2019

Real Broker, LLC-MO

Last Buyer's Agent

Janet Fournier

RE/MAX State Line License #SP00219946

RE/MAX State Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 1964

Lot Details

  • 8,712

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Board and Batten Siding

Schools

  • Sugar Creek Elementary School
  • Van Horn High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • 2-Story Property
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 15-930-17-04-00-0-00-000

Community Details

Overview

  • 4 Units
  • Fairmount Hills Subdivision

Building Details

  • Gross Income $26,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,391

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 51-75 Years
  • Legal Description: FAIRMOUNT HILLS LOT 10
  • Major Repair Description: Roof
  • Package: No
  • Year Built: 1964
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Courtney Redding
  • List Office Mls Id: CHAR
  • List Office Name: Chartwell Realty LLC
  • List Office Phone: 816-877-8700
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 5084
  • Special Documents Required: No
  • Tax Total Amount: 1391
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten, Brick Veneer

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Independence
  • Elementary School: Sugar Creek
  • Middle School: Nowlin
  • High School: Van Horn
  • Middle/Junior School: Nowlin

Lot Info

  • In Floodplain: Unknown
  • Zoning: Res
  • Lot Size Area: 8712.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 8712.00
  • Parcel Number: 15-930-17-04-00-0-00-000
  • Subdivision Name: Fairmount Hills

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 26640
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Personal Prop Tax, Property Insurance, Property Mgmt, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1391.00

MLS Schools

  • Elementary School: Sugar Creek
  • School District: Independence
  • High School: Van Horn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jun 27, 2019
Sold by
Covell Christopher A and Covell Tiffany W
Bought by
Barrelier Richard and Barrelier Mi Mi Liu
Seller's Agent
Courtney Redding
Real Broker, LLC-MO
Buyer's Agent
Janet Fournier
RE/MAX State Line
List Price
$240,000
Current Estimated Value
$363,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$168,000
Outstanding Balance
$147,737
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$217,006

Purchase Details

Closed on
Nov 19, 2015
Sold by
Wolfe Ryan L and Wolfe Laura
Bought by
Covell Christopher A and Covell Tiffany W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
Ferro Maria D and Ferro Maria
Bought by
Wolfe Ryan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,025
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Fleming James and Fleming Beverly
Bought by
Ferro Joseph and Ferro Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1999
Sold by
Charles C and Charles Donna Quirarte
Bought by
Hilden Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Barrelier Richard -- Alpha
Covell Christopher A -- Continental Title
Wolfe Ryan L -- Chicago Title
Ferro Joseph -- Ctic
Hilden Beverly -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrelier Richard $168,000
Previous Owner Covell Christopher A $81,000
Previous Owner Wolfe Ryan L $77,025
Previous Owner Ferro Joseph $101,700
Previous Owner Hilden Beverly $62,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2019 07/03/19 Sold -- -- --
05/14/2019 05/14/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $240,000 -- $70 / Sq Ft
Source: Heartland 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 $4,583 $63,302 $4,429 $58,873
2023 $4,453 $63,302 $5,867 $57,435
2022 $3,313 $42,750 $1,856 $40,894
2021 $3,310 $42,750 $1,856 $40,894
2020 $1,508 $19,034 $1,856 $17,178
2019 $1,490 $19,034 $1,856 $17,178
2018 $1,354 $16,565 $1,615 $14,950
2017 $1,354 $16,565 $1,615 $14,950
2016 $1,343 $16,150 $1,330 $14,820
2014 $1,313 $16,150 $1,330 $14,820
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 2163603

Heartland MLS

APN: 15-930-17-04-00-0-00-000