NOT LISTED FOR SALE

1209 SE 8th St Lees Summit, MO 64063

Estimated Value: $598,000 - $677,000

10 Beds
8 Baths
5,112 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 01, 2021

Current estimated payment $4,099/month

7 Days on Market

Highlights

  • No HOA
  • Attached Garage
  • Paved or Partially Paved Lot
  • Pleasant Lea Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2021

Rare opportunity for such a great location! This one owner four-plex is in a PRIME location. Featuring TWO 3bed/1.1 bath units and TWO 2/1.1 bath units with attached garages. Units rent easily and are always at full occupancy. Property is under rented based on current market rates and offers plenty of upside for a new owner. Another 4 PLex is also available by this seller. See MLS #2318682 ** DO NOT DISTURB TENANTS - NO SIGN IN YARD**

Last Agent to Sell the Property

The Carter Group

Keller Williams Platinum Prtnr Listed on: 04/30/2021

Keller Williams Platinum Prtnr

Last Buyer's Agent

Austin Bates

Platinum Realty LLC License #2015042744

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,974

Year Built

  • Built in 1986

Lot Details

  • 0.41 Acre Lot
  • Paved or Partially Paved Lot

Parking

  • Attached Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Schools

  • Prairie View Elementary School
  • LEES Summit High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 61-620-24-03-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Vista Del Verde Subdivision

Building Details

  • Gross Income $36,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,974

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 31-40 Years
  • Legal Description: VISTA DEL VERDE 11TH LOT 316 (EX PT TAKEN FOR 50 HWY)
  • Restrictions: None
  • Package: No
  • Year Built: 1986
  • Co List Office Mls Id: KW02
  • Co List Office Name: Keller Williams Platinum Prtnr
  • Co List Office Phone: 816-525-7000
  • 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: The Carter Group
  • List Office Mls Id: KW02
  • List Office Name: Keller Williams Platinum Prtnr
  • List Office Phone: 816-525-7000
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 8790
  • Special Documents Required: No
  • Tax Total Amount: 5974
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Rng/Oven- Electric
  • Basement: No
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Trim, Vinyl Siding
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Telecommunications: Cable - Available, Fiber - Available
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Electric: 100 Amp Service, Separate Meters
  • Water Source: City/Public

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Schools

  • School District: Lee's Summit
  • Elementary School: Prairie View
  • Middle School: Pleasant Lea
  • High School: Lees Summit
  • Middle/Junior School: Pleasant Lea

Lot Info

  • Zoning: MUL
  • Lot Size Area: 17761.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 17761.00
  • Parcel Number: 61-620-24-03-00-0-00-000
  • Subdivision Name: Vista Del Verde

Rental Info

  • Existing Lease Terms: Month To Month, One Year Lease

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 36240
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 5974.00

MLS Schools

  • Elementary School: Prairie View
  • School District: Lee's Summit
  • High School: Lees Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Rustici Drake and Rustici Alanna
Bought by
Drebproperties2 Llc
Current Estimated Value
$640,164

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jul 1, 2021
Sold by
Roberts Donald R and Roberts Cary Lee
Bought by
Rustici Drake
Seller's Agent
The Carter Group
Keller Williams Platinum Prtnr
Buyer's Agent
Austin Bates
Platinum Realty LLC
List Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$352,500
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1998
Sold by
Roberts Donald R and Lee Cary
Bought by
Missouri Hwy & Transportation Commission

Purchase Details

Closed on
Apr 29, 1998
Sold by
Roberts Barry
Bought by
Missouri Hwy & Transportation Commission
Source: Public Records

Range of Values:

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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
Drebproperties2 Llc -- None Listed On Document
Rustici Drake -- Security 1St Title
Missouri Hwy & Transportation Commission -- --
Missouri Hwy & Transportation Commission -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rustici Drake $352,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold -- -- --
05/07/2021 05/07/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $450,000 -- $88 / 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 $7,335 $102,325 $13,207 $89,118
2023 $7,335 $102,325 $6,023 $96,302
2022 $6,611 $81,890 $10,526 $71,364
2021 $6,747 $81,890 $10,526 $71,364
2020 $5,974 $71,794 $10,526 $61,268
2019 $5,811 $71,794 $10,526 $61,268
2018 $1,007,019 $35,079 $3,420 $31,659
2017 $3,059 $35,079 $3,420 $31,659
2016 $3,013 $34,200 $2,394 $31,806
2014 $2,553 $28,405 $4,067 $24,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2318697

Heartland MLS

APN: 61-620-24-03-00-0-00-000