$310,000
SOLD APR 19, 2017
Last list price

1242 NW Phelps Dr Grain Valley, MO 64029

-- Bed
-- Bath
-- Sq Ft
3,441 Sq Ft Lot

Recently Sold

6 Days on Market

Highlights

  • Fireplace
  • Attached Garage
  • Combination Dining and Living Room
  • Grain Valley High School Rated 9+
  • Central Heating and Cooling System

About This Home

As of January 2023

Large, well-maintained 4-plex in GREAT location on cul-de-sac! Close to schools, shopping and major highways. Total HOA is $200/mo (allocated to tenants $50/unit paid monthly). HOA covers all exterior building maintenance, lawn care, trimming of shrubs & insurance. Tenants are responsible for all utilities (electric, gas, water, trash). Annual rent increase is slated for mid-year.

Last Agent to Sell the Property

David Van Noy Jr.

Van Noy Real Estate License #2003002907 Listed on: 03/10/2017

Last Buyer's Agent

Nancy McDonald

United Real Estate Kansas City License #2000169691

United Real Estate Kansas City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,505

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Off-Street Parking

Schools

  • Grain Valley Elementary School
  • Grain Valley High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 37-530-05-29-02-0-00-000

Community Details

Overview

  • 4 Units
  • Winngate Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $33,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,505

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 16-20 Years
  • Legal Description: WINGATE TOWNHOMES PUD---PT SD WINGATE TOWNHOMES PUD DAF: BEG SW COR SD WINGATE TOWNHOMES PUD TH S 87 DEG 03 MIN 53 SEC W 327.69' TH N 08 DEG 50 MIN 23 SEC E 42.81' TO TRU POB TH N 81 DEG 09 MIN 37 SEC W 10.5' TH S 08 DEG 50 MIN 23 SEC W 1.33' TH N 81 DEG 09 MIN 37 SEC W 7' TH N 81 DEG 09 MIN 37 SEC W 7' TH N 08 DEG 50 MIN 23 SEC W 1.33' TH N 81 DEG 09 MIN 37 SEC W 10.5' TH N 08 DEG 50 MIN 23 SEC W 36' TH S 81 DEG 09 MIN 37 SEC E 5.5' TH N 08 DEG 50 MIN 23 SEC E 18' TH S 81 DEG 09 MIN 37 SEC W 24' TH S 08 DEG 50 MIN 23 SEC W 18' TH S 81 DEG 09 MIN 37 SEC W 11' TH N 08 DEG 50 MIN 23 SEC E 18' TH S 81 DEG 09 MIN 37 SEC W 24' TH S 08 DEG 50 MIN 23 SEC W 18' TH S 81 DEG 09 MIN 37 SEC E 5.5' TH S 08 DEG 50 MIN 23 SEC W 36' TH S 81 DEG 09 MIN 37 SEC W 10.5' TH S 08 DEG 50 MIN 23 SEC W 1.33' TH
  • Warranty Description: Other
  • Package: No
  • Dining Area Features: Liv/Dining Combo
  • Exclude From Reports: No
  • Home Warranty Company: HWA
  • Home Warranty Cost: 1680
  • Home Warranty Deductable: 100
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: David Van Noy Jr.
  • List Office Mls Id: RAN 05
  • List Office Name: ReeceNichols Leawood
  • List Office Phone: 913-851-7300
  • Maintenance Description: Building Exterior, HVAC, Lawn, Roof Repair, Roof Replace
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 10179
  • Special Documents Required: No
  • Tax Total Amount: 5505
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units
  • Basement: No
  • Fireplace: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt
  • Association Fee: 200
  • Association Fee Frequency: Monthly

Schools

  • School District: Grain Valley
  • Elementary School: Grain Valley
  • Middle School: Grain Valley North
  • High School: Grain Valley
  • Middle/Junior School: Grain Valley North

Lot Info

  • In Floodplain: No
  • Zoning: Multi
  • Parcel Number: 37-530-05-29-02-0-00-000
  • Subdivision Name: Winngate

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 33682
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Advertising, Legal, Maintenance, Other, Property Mgmt

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 5505.00

MLS Schools

  • Elementary School: Grain Valley
  • School District: Grain Valley
  • High School: Grain Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Jan 25, 2023
Sold by
Lane Kathryn and Lane Matthew
Bought by
Stay Happy Grain Valley Llc
Seller's Agent
Liz Zimmerman
Weichert, Realtors Welch & Com
Buyer's Agent
Tiffany Kelsey
ReeceNichols - Lees Summit
List Price
$530,000
Views
8
Current Estimated Value
$598,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$416,250
Outstanding Balance
$368,995
Interest Rate
5.69%
Mortgage Type
New Conventional
Estimated Equity
$229,252

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 17, 2017
Sold by
Keeney William M and Keeney Susan E
Bought by
Bergman James Kevin
Seller's Agent
David Van Noy Jr.
Van Noy Real Estate
Buyer's Agent
Nancy McDonald
United Real Estate Kansas City
List Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$221,250
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2007
Sold by
Hatfield Michael L and Hatfield Jerilyn J
Bought by
Keeney William M and Keeney Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2004
Sold by
Hatfield Mike and Hatfield Jeri
Bought by
The Wingate Townhomes Homeowners Assn

Purchase Details

Closed on
Oct 8, 2001
Sold by
Frisbie Pollard Development Llc
Bought by
Hatfield Michael L and Hatfield Jerilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.54%
Mortgage Type
Construction
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 Type Sale Price Title Company
Quit Claim Deed -- Continental Title
Personal Reps Deed -- --
Warranty Deed -- None Available
Warranty Deed -- First American Title
Warranty Deed -- Stewart Title Of Kansas City
Limited Warranty Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,250 New Conventional
Previous Owner $221,250 New Conventional
Previous Owner $248,000 New Conventional
Previous Owner $285,000 Adjustable Rate Mortgage/ARM
Previous Owner $265,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold -- -- --
12/30/2022 12/30/22 Pending -- -- --
12/29/2022 12/29/22 For Sale $530,000 +71.0% $97 / Sq Ft
04/19/2017 04/19/17 Sold -- -- --
03/16/2017 03/16/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $310,000 -- --
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
2024 $7,909 $99,750 $1,896 $97,854
2023 $7,909 $99,750 $2,341 $97,409
2022 $6,476 $71,440 $1,169 $70,271
2021 $6,325 $71,440 $1,169 $70,271
2020 $6,416 $71,488 $1,169 $70,319
2019 $6,286 $71,488 $1,169 $70,319
2018 $5,654 $60,083 $5,858 $54,225
2017 $5,654 $60,083 $5,858 $54,225
2016 $5,509 $58,577 $4,275 $54,302
2014 $4,916 $51,870 $4,634 $47,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2034945

Heartland MLS

APN: 37-530-05-29-02-0-00-000