NOT LISTED FOR SALE

12817 12th St Grandview, MO 64030

Estimated Value: $231,000 - $298,000

4 Beds
2 Baths
1,580 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 31, 2020

Current estimated payment $1,635/month

4 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Private Entrance
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • 1-minute walk to Freedom Park

About This Home

As of July 2020

Opportunity Alert! Rare Duplex Investment in the fastest growing city of Jackson County, walking distance to downtown Grandview. 2 bed/1 bath units, beautifully renovated w/ new dual pane windows, new appliances, granite counters, new baths, blown in insulation. Fully occupied to long-term (3 Yr), steady rent tenants at an 8% cap rate! Sits on almost 1/2 acre, zoned Multi-Family, so potential for further multi-family development! Newer 4YO Roof, 2YO 5" Gutters, New HWH in 12817. A great addition to portfolio !

Last Agent to Sell the Property

Sage Beauchamp

Platinum Realty LLC License #2004008442 Listed on: 06/20/2020

Platinum Realty LLC

Last Buyer's Agent

Austin Short

KW KANSAS CITY METRO License #SP00237773

KW KANSAS CITY METRO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.47 Acre Lot
  • Private Entrance

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 64-840-08-08-00-0-00-000

Community Details

Overview

  • 2 Units
  • Feland Acres Subdivision

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: FELAND ACRES LOT 3 BLK 3
  • Package: No
  • Year Built: 1958
  • Dining Area Features: Kit/Dining Combo
  • 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: Sage Beauchamp
  • 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: 2598
  • Other Room Features: Formal Living Room, Private Bath
  • Special Documents Required: No
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Private Entry
  • Basement: No
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved

Utilities

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

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Lot Info

  • In Floodplain: Unknown
  • Zoning: Res
  • Building Area Total: 1580.00
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 20473.20
  • Parcel Number: 64-840-08-08-00-0-00-000
  • Subdivision Name: Feland Acres

Rental Info

  • Existing Lease Terms: 12 Months, Negotiable

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 19200
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No

MLS Schools

  • School District: Grandview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Jul 31, 2020
Sold by
Solidum Andrew and Solidum Lauren
Bought by
Solid Properties Llc
Seller's Agent
Sage Beauchamp
Platinum Realty LLC
Buyer's Agent
Austin Short
KW KANSAS CITY METRO
List Price
$189,900
Current Estimated Value
$265,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$146,250
Outstanding Balance
$129,685
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$135,548

Purchase Details

Listed on
Jun 20, 2020
Closed on
Jul 30, 2020
Sold by
Upper Room Properties Llc
Bought by
Solidum Andrew and Solidum Lauren
Seller's Agent
Sage Beauchamp
Platinum Realty LLC
Buyer's Agent
Austin Short
KW KANSAS CITY METRO
List Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Outstanding Balance
$129,685
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$135,548

Purchase Details

Closed on
Aug 10, 2015
Sold by
Ps 128 Management Llc
Bought by
Upper Room Properties Llc

Purchase Details

Listed on
Sep 26, 2013
Closed on
Dec 9, 2013
Sold by
Sinclare Kory and Sinclare Diva L
Bought by
Ps 128 Management Llc
Seller's Agent
Julie Curtis
McLaury Realty LLC
Buyer's Agent
Peggy Laches
McLaury Realty LLC
List Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%

Purchase Details

Listed on
Sep 26, 2013
Closed on
Oct 29, 2013
Sold by
Federal National Mortgage Association
Bought by
Sinclare Kory and Sinclare Diva
Seller's Agent
Julie Curtis
McLaury Realty LLC
Buyer's Agent
Peggy Laches
McLaury Realty LLC
List Price
$59,900

Purchase Details

Closed on
Nov 19, 2012
Sold by
Montoya Phyllis J and Montoya Juan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 23, 2007
Sold by
Iven Investments Inc
Bought by
Montoya Phyllis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2007
Sold by
Iven Dean M and Iven Amy S
Bought by
Iven Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2001
Sold by
Angel Terry L
Bought by
Iven Dean and Iven Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Solid Properties Llc -- Platinum Title Llc
Solidum Andrew -- Platinum Title Llc
Upper Room Properties Llc -- Midwest Title Company Inc
Ps 128 Management Llc -- None Available
Sinclare Kory -- Continental Title
Federal National Mortgage Association $102,347 None Available
Montoya Phyllis J -- Commonwealth Land Title Insu
Iven Investments Inc -- Accommodation
Iven Dean -- Columbian National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solidum Andrew $146,250
Previous Owner Montoya Phyllis J $100,700
Previous Owner Iven Dean $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold -- -- --
06/20/2020 06/20/20 For Sale $189,900 +217.0% $120 / Sq Ft
10/30/2013 10/30/13 Sold -- -- -- View Prior Sale
10/21/2013 10/21/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $59,900 -- $38 / 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
2025 $3,090 $43,700 $5,058 $38,642
2024 $3,037 $38,000 $11,123 $26,877
2023 $3,037 $38,000 $11,123 $26,877
2022 $2,937 $34,200 $14,288 $19,912
2021 $2,934 $34,200 $14,288 $19,912
2020 $1,554 $19,190 $14,288 $4,902
2019 $1,499 $21,930 $14,288 $7,642
2018 $936 $11,719 $1,522 $10,197
2016 $931 $10,870 $2,823 $8,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2227055

Heartland MLS

APN: 64-840-08-08-00-0-00-000