NOT LISTED FOR SALE

Estimated Value: $194,000 - $275,704

4 Beds
4 Baths
3,000 Sq Ft
$80/Sq Ft Est. Value

Last Sold December 31, 2023

Current estimated payment $1,530/month

2 Days on Market

Highlights

  • No HOA
  • 4 Car Attached Garage
  • Central Air

About This Home

As of December 2023

This all brick well-maintained, and large duplex is located on a quiet dead-end street, Ivanhoe Court. The Duplex has two 3 bed and 2 bath units, a large and flat back yard with mature trees, an attached garage for each unit. Each unit has a finished basement, and interior and exterior parking. The current gross income is $24,900.00 annually with one full month's rent deposit retained. The tenant pays all utilities, trash service, and is responsible for lawn mowing, maintenance, and snow removal. There are no outstanding maintenance items and all rents are paid and current.

The owner and long term property management company has diligently maintained the property in excellent condition. The owner has had very little turnover over the last 19 years of ownership.

This duplex can be purchased individually or within a package deal that contains 2 other duplexes within close proximity. All 6 units are occupied at market rental rates and managed by the same property management company. This duplex is in turn-key condition with long term tenants in place. See MLS 2465952 & 2465920 in addition for 6 unit package.

Last Agent to Sell the Property

Will Wiest

Midwest Land Group Brokerage Phone: 816-703-9066 License #2014042751 Listed on: 12/09/2023

Midwest Land Group

Last Buyer's Agent

Will Wiest

Midwest Land Group Brokerage Phone: 816-703-9066 License #2014042751 Listed on: 12/09/2023

Midwest Land Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,343

Year Built

  • Built in 1965

Lot Details

  • 8,151 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Basement

Parking

  • 4 Car Attached Garage
  • On-Street Parking

Schools

  • William Chrisman High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 26-420-02-01-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ivanhoe Subdivision

Building Details

  • Gross Income $24,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,343

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1965
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Will Wiest
  • List Office Mls Id: HMSMIGP
  • List Office Name: Midwest Land Group
  • List Office Phone: 913-674-8010
  • Mls Status: Sold
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Phone Other: 8167039066
  • Package: Optional
  • Attribution Contact: 816-703-9066
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, On Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Natural Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association Name: 0
  • Association: No

Fee Information

  • Deposit: Coffelt Land Title

Schools

  • Junior High Dist: Independence

Lot Info

  • Zoning: R
  • Building Area Total: 3000
  • Lot Size Sq Ft: 8151
  • Parcel Number: 26-420-02-01-00-0-00-000
  • Subdivision Name: Ivanhoe
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 24900
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2343
  • Tax Abatement YN: 0
  • Tax Comment: 0

MLS Schools

  • High School: William Chrisman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2023
Closed on
Dec 28, 2023
Sold by
Hawk1 Llc
Bought by
Ayodipe Adeyemi
Seller's Agent
Will Wiest
Midwest Land Group
Buyer's Agent
Will Wiest
Midwest Land Group
List Price
$250,000
Views
11
Current Estimated Value
$238,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.30%
Original Mortgage
$187,500
Outstanding Balance
$184,352
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$54,324

Purchase Details

Closed on
May 18, 2005
Sold by
Allen Elda R
Bought by
Hawley Greg L and Hawley Karen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.92%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ayodipe Adeyemi -- Coffelt Land Title
Hawley Greg L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayodipe Adeyemi $187,500
Previous Owner Hawley Greg L $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2023 12/31/23 Sold -- -- --
12/12/2023 12/12/23 Pending -- -- --
12/09/2023 12/09/23 For Sale $250,000 -- $83 / 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
2025 $3,351 $41,961 $3,946 $38,015
2024 $3,274 $48,363 $3,008 $45,355
2023 $3,274 $48,362 $3,773 $44,589
2022 $2,344 $31,730 $2,707 $29,023
2021 $2,343 $31,730 $2,707 $29,023
2020 $2,110 $27,769 $2,707 $25,062
2019 $2,076 $27,769 $2,707 $25,062
2018 $1,893 $24,168 $2,356 $21,812
2017 $1,893 $24,168 $2,356 $21,812
2016 $1,864 $23,562 $1,520 $22,042
2014 $1,823 $23,562 $1,520 $22,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2465951

Heartland MLS

APN: 26-420-02-01-00-0-00-000