NOT LISTED FOR SALE

118/120 S Sterling Ave Sugar Creek, MO 64054

Estimated Value: $225,000 - $254,743

4 Beds
4 Baths
-- Sq Ft
0.31 Acres

Last Sold March 29, 2021

Current estimated payment $1,471/month

1 Day on Market

Highlights

  • Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2021

Maintenance-free exterior Ranch Duplex Cash flow investment. Seamless Aluminum Gutters with 4" downs. Full appliances & on each side. Ceiling fans & Marble window sills, 10' insulated steel garage doors, vaulted ceilings in mstr bdrms. Roof just 2 years. Storm windows. Current Tenants in place 1 Unit $700/MO, 2nd Unit $700/MO. Signed lease until Oct. 2021 and tenants plan to renew. Maintenance-free exterior Ranch Duplex. Please do not disturb tenants. Owner to sell as an Investment package MLS #'s 2304192, 2303892 (SFR). See showing Agent information for appointment.

Last Agent to Sell the Property

Britt Bowman

Platinum Realty LLC License #2013028233 Listed on: 02/08/2021

Platinum Realty LLC

Last Buyer's Agent

Kelby Kraft

1st Class Real Estate KC License #2016038660

1st Class Real Estate KC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1940

Lot Details

  • 0.31

Home Design

  • Duplex
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Parking

  • Attached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Master Gas Meter
  • Master Water Meter

Listing and Financial Details

  • Assessor Parcel Number 14-740-05-06-02-0-00-000

Community Details

Overview

  • 2 Units
  • Lake View Subdivision

Building Details

  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,504

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 76-100 Years
  • Legal Description: SEC-33 TWP-50 RNG-32 BEG 650.63' S & 39.15' W OF NE COR OF NW 1/4 OF SE 1/4 TH W 140.85' TH N 80' THE 140.85' TH S 80' TO POB ALSON 1/2 OF VAC SHORT LY S & ADJ
  • Package: Optional
  • Year Built: 1940
  • 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: Britt Bowman
  • List Office Mls Id: PRKC
  • List Office Name: Platinum Realty LLC
  • List Office Phone: 888-220-0988
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 3363
  • Special Documents Required: No
  • Unit Type: 4 Bedroom Or More
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Rng/Oven- Electric
  • Basement: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Off Street

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Master Meters, Multi-Unit Heat/Air
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: None

Schools

  • School District: Independence

Lot Info

  • Zoning: R
  • Parcel Number: 14-740-05-06-02-0-00-000
  • Subdivision Name: Lake View

Rental Info

  • Existing Lease Terms: One Year Lease

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 16800
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No

MLS Schools

  • School District: Independence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Yu James
Bought by
Parestone 4 Llc
Current Estimated Value
$240,686

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 19, 2021
Sold by
Pro Serve Llc
Bought by
Yu James
Seller's Agent
Britt Bowman
Platinum Realty LLC
Buyer's Agent
Kelby Kraft
1st Class Real Estate KC
List Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$121,875
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2017
Sold by
Timberland Llc
Bought by
Pro-Serve Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,176
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2013
Sold by
Kluska William T
Bought by
Timbarland Llc

Purchase Details

Closed on
Oct 16, 2009
Sold by
Kluska Natalie A and Kluska Brooke E
Bought by
Kluska William T
Source: Public Records

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
Parestone 4 Llc -- None Available
Parcstone 4 Llc -- None Listed On Document
Yu James -- Stewart Title Co
Pro-Serve Llc -- First United Title Agency Ll
Timbarland Llc -- None Available
Kluska William T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu James $121,875
Previous Owner Pro-Serve Llc $287,176
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2021 03/29/21 Sold -- -- --
02/17/2021 02/17/21 Price Changed $162,500 +12.1% --
02/09/2021 02/09/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $145,000 -- --
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 $2,504 $31,660 $4,171 $27,489
2024 $2,504 $33,653 $4,520 $29,133
2023 $2,430 $33,653 $3,682 $29,971
2022 $1,911 $23,940 $2,936 $21,004
2021 $1,902 $23,940 $2,936 $21,004
2020 $1,701 $20,956 $2,936 $18,020
2019 $1,682 $20,956 $2,936 $18,020
2018 $1,698 $20,599 $2,008 $18,591
2017 $1,698 $20,599 $2,008 $18,591
2016 $1,707 $20,083 $1,900 $18,183
2014 $1,669 $20,083 $1,900 $18,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2304190

Heartland MLS

APN: 14-740-05-06-02-0-00-000