NOT LISTED FOR SALE

123 N Main St Palmyra, MO 63461

Estimated Value: $179,695 - $228,000

7 Beds
2 Baths
5,360 Sq Ft
$39/Sq Ft Est. Value

Last Sold August 05, 2021

Current estimated payment $1,181/month

25 Days on Market

About This Home

As of August 2021

Check this out INVESTORS!!! This property is currently used as an apartment property but could be sold for commercial development at some future date, however the existing improvements still offer value and rental utility over and above the land value. The current improvements, even though they are older will continue serving income-producing/apartment rental uses. This apartment building has 5 units with 4 currently occupied. Call for your showing today!

Last Agent to Sell the Property

Janet Taylor

Ragar Realty License #1999029203 Listed on: 07/07/2021

Last Buyer's Agent

Wesley Tuley

Ragar Realty License #2016029865

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $728

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 127x132

Parking

  • Parking Lot

Home Design

  • 5,360 Sq Ft Home
  • Brick or Stone Mason

Kitchen

  • Oven or Range

Schools

  • Palmyra Elem. Elementary School
  • Palmyra Middle School
  • Palmyra High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 5 Units
  • Low-Rise Condominium

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 007.07.25.2.09.002.000

Property Details

Home Type

Apartment

Est. Annual Taxes

$728

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apt Bldg/Interior En
  • Municipality Township: Palmyra
  • Ownership: Private
  • Year Built Exception: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 5360

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air

Schools

  • School District: Palmyra R-I
  • Elementary School: Palmyra Elem.
  • Middle School: Palmyra Middle
  • High School: Palmyra High
  • Elementary School: Palmyra Elem.
  • Junior High School: Palmyra Middle
  • School District: Palmyra R-I
  • Senior High School: Palmyra High

Lot Info

  • Lot Dimensions: 127x132
  • Lot Number: 3&4
  • Lot Sq Ft: 16771
  • Location: City
  • Acres: 0.3850

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: All Utilities

Multi Family

  • Building Number: 1
  • Gross Operating Income: 22410.00
  • Total Units: 5
  • Total Expenses: 6459.00

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 674
  • Assessor Parcel Number: 007.07.25.2.09.002.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 5, 2021
Sold by
Hess Grant C and Hess Joyce I
Bought by
Northeast Group Llc
Seller's Agent
Janet Taylor
Ragar Realty
Buyer's Agent
Wesley Tuley
Ragar Realty
List Price
$155,000
Current Estimated Value
$211,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$148,000
Outstanding Balance
$28,819
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$182,355
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
Northeast Group Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northeast Group Llc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold -- -- --
08/02/2021 08/02/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $155,000 -- $29 / Sq Ft
Source: MARIS 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 $728 $12,210 $2,030 $10,180
2023 $730 $12,210 $2,030 $10,180
2022 $728 $12,210 $2,030 $10,180
2021 $728 $12,210 $2,030 $10,180
2020 $674 $11,090 $1,840 $9,250
2019 $675 $11,090 $1,840 $9,250
2018 $674 $11,090 $1,840 $9,250
2017 $551 $11,090 $1,840 $9,250
2015 $584 $11,090 $1,840 $9,250
2014 $584 $11,090 $1,840 $9,250
2012 -- $10,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21046510

MARIS MLS

APN: 007.07.25.2.09.002.000