NOT LISTED FOR SALE

1209 Arrowhead Ridge Independence, MO 64056

Ripley Neighborhood
-- Bed
-- Bath
-- Sq Ft
-- Built

Sale Details

Date Sold: October 26, 2016

54 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2016

49 duplexes in one neighborhood. We have years of financials to prove the NOI. Each year the income has increased both top and bottom line. This would make a good 1031 change property or an outright purchase. Seller's are licensed Real Estate brokers in the state of Missouri. Please do not disturb the tenants or onsite management

Last Agent to Sell the Property

Quentin Kearney

ReeceNichols - Lees Summit License #2004003979 Listed on: 02/11/2016

Co-Listed By

Ken Logan

Results Investments LLC License #2008025566

Last Buyer's Agent

Quentin Kearney

ReeceNichols - Lees Summit License #2004003979 Listed on: 02/11/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $41,146

Parking

  • Assigned Parking

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Schools

  • Fort Osage High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 16-510-02-23-00-0-00-000

Community Details

Overview

  • 98 Units
  • Farview Gardens Subdivision

Additional Features

  • Gross Income $656,750
  • Resident Manager or Management On Site

Property Details

Property Type

Other

Est. Annual Taxes

$41,146

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Age Description: 51-75 Years
  • Legal Description: Title to provide legals. there are 49 parcels in this package
  • Major Repair Costs: 100000.00
  • Major Repair Description: Roof damage and replacement of HVAC
  • Package: Yes
  • Co List Office Mls Id: SERV
  • Co List Office Name: Results Investments LLC
  • Co List Office Phone: 816-228-2702
  • Down Payment Deprecated: No
  • 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: Quentin Kearney
  • List Office Mls Id: SERV
  • List Office Name: Results Investments LLC
  • List Office Phone: 816-228-2702
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 282500
  • Special Documents Required: No
  • Tax Total Amount: 41146
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding

Garage/Parking

  • Garage: No
  • Parking Features: Assigned Parking

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Telecommunications: High Speed Internet - Available
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: On-Site Mgmt

Schools

  • Middle/Junior School: Fort Osage

Lot Info

  • In Floodplain: No
  • Zoning: M
  • Parcel Number: 16-510-02-23-00-0-00-000
  • Subdivision Name: Farview Gardens

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 98

Multi Family

  • Gross Income: 656750
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Accounting, Advertising, Legal, Other, Property Insurance, Property Mgmt, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 41146.00

MLS Schools

  • School District: Fort Osage
  • High School: Fort Osage
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
10/26/2016 10/26/16 Sold -- -- --
04/05/2016 04/05/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $5,350,000 -- --
Source: Heartland MLS

Agents Affiliated with this Home

  • Q

    Seller's Agent in 2016

    Quentin Kearney

    ReeceNichols - Lees Summit

  • K

    Seller Co-Listing Agent in 2016

    Ken Logan

    Results Investments LLC

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Map

Source: Heartland MLS

MLS Number: 1976167

Heartland MLS
Missouri Jackson County Independence 64056 Ripley

1209 Arrowhead Ridge, Independence, MO

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.

Heartland MLS 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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