DR
Seller's Agent in 2022
Daniel Robison
EXP Realty LLC
(816) 301-8190
2 Total Sales
117 E Walnut St Drexel, MO 64742
Estimated Value: $362,558
8
Beds
4
Baths
3,840
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- No HOA
- Brick Veneer
- Central Air
About This Home
As of July 2022Fantastic investment property, excellent condition and great location in the middle of town just blocks from school. Fourplex fully leased on one year agreements. Cash flowing with current rentals of $2,650 per month for an annual net operating income of more than $24,000. All four units are below market rent with potential to generate NOI of more than $30,000. Selling at a current cap rate of 8.2% with the potential to be nearly 10%!
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2005
Lot Details
- 14,200 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Brick Veneer
- Composition Roof
- Vinyl Siding
Interior Spaces
- 3,840 Sq Ft Home
- 2-Story Property
Utilities
- Central Air
- Heat Pump System
- Back Up Gas Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 0466500
Community Details
Overview
- No Home Owners Association
- 4 Units
- Stuart Heights Subdivision
Building Details
- Gross Income $32,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2022
Closed on
Jul 15, 2022
Sold by
117 East Walnut Drexel Llc
Bought by
Seller's Agent
Daniel Robison
EXP Realty LLC
Buyer's Agent
Serena Bales
KW KANSAS CITY METRO
List Price
$305,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$192,000
Outstanding Balance
$181,265
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$181,293
Purchase Details
Closed on
Jun 10, 2020
Sold by
Apprentice Network Llc
Bought by
117 East Walnut Drexel Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 12, 2012
Closed on
Jun 15, 2012
Sold by
Lead Bank
Bought by
Cobb William F and Cobb Carlotta D
Seller's Agent
Pam MacDougall
KC Vintage Realty LLC
Buyer's Agent
Pam MacDougall
KC Vintage Realty LLC
List Price
$120,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$76,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Accurate Title | ||
| 117 East Walnut Drexel Llc | -- | Accurate Title | |
| Cobb William F | -- | Hight & Associates Land Titl |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $192,000 | ||
| Previous Owner | 117 East Walnut Drexel Llc | $112,000 | |
| Previous Owner | 117 East Walnut Drexel Llc | $30,600 | |
| Previous Owner | Cobb William F | $76,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | -- | -- | -- | |
| 07/15/2022 07/15/22 | Pending | -- | -- | -- | |
| 06/26/2022 06/26/22 | For Sale | $305,000 | 0.0% | $79 / Sq Ft | |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- | |
| 04/08/2022 04/08/22 | For Sale | $305,000 | +154.2% | $79 / Sq Ft | |
| 06/15/2012 06/15/12 | Sold | -- | -- | -- | View Prior Sale |
| 05/11/2012 05/11/12 | Pending | -- | -- | -- | |
| 03/12/2012 03/12/12 | For Sale | $120,000 | -- | -- |
Source: Heartland MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,083 | $47,990 | $2,560 | $45,430 |
| 2024 | $3,083 | $42,730 | $2,330 | $40,400 |
| 2023 | $3,069 | $42,730 | $2,330 | $40,400 |
| 2022 | $2,645 | $37,690 | $2,330 | $35,360 |
| 2021 | $2,488 | $37,690 | $2,330 | $35,360 |
| 2020 | $2,434 | $37,030 | $2,330 | $34,700 |
| 2019 | $2,383 | $37,030 | $2,330 | $34,700 |
| 2018 | $2,157 | $33,010 | $1,860 | $31,150 |
| 2017 | $2,037 | $33,010 | $1,860 | $31,150 |
| 2016 | $2,037 | $31,150 | $1,860 | $29,290 |
| 2015 | $2,056 | $31,150 | $1,860 | $29,290 |
| 2014 | $2,084 | $31,150 | $1,860 | $29,290 |
| 2013 | -- | $31,150 | $1,860 | $29,290 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Robison
-
Serena Bales
Buyer's Agent in 2022
Serena Bales
KW KANSAS CITY METRO
(913) 912-9350
106 Total Sales
-
Pam MacDougall
PM
Seller's Agent in 2012
Pam MacDougall
KC Vintage Realty LLC
(816) 807-1592
55 Total Sales
-
Riki Klein
Seller Co-Listing Agent in 2012
Riki Klein
Keller Williams Tri-Lakes Realty
(816) 389-1036
76 Total Sales
Map
Source: Heartland MLS
MLS Number: 2374714
APN: 0466500
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of Heartland MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393
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