Sheryl Taylor
Responds Quickly
Keller Williams Realty Partners Inc.
(816) 290-7484
33 Total Sales
2 in Lee's Summit
$130K - $377K Price Range
1301 SE 8th St Lees Summit, MO 64063
Lee's Summit AreaEstimated Value: $225,000 - $698,993
10
Beds
8
Baths
5,512
Sq Ft
$102/Sq Ft
Est. Value
Highlights
- Attached Garage
- Pleasant Lea Middle School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of April 2025Attention Investors! This is THE property you've been looking for. This exceptional fourplex located in the heart of Lee's Summit is a rare find, offering a mix of two expansive three-bedroom units and two comfortable two-bedroom units—fully occupied with reliable tenants, generating immediate cash flow but also offering upside for rental increases in the future. The exterior was professionally painted within the last two years, boosting curb appeal and cutting down on future exterior maintenance. Inside, each unit is in great shape and varay in updates but as you'll see in the photos the property in itself is very well kept and offers a desired layout, making it easy to attract and retain quality tenants coveting the Lee's Summit area. The location is unbeatable—just minutes from popular local spots like Johnny’s Tavern, nearby Price Chopper, and everyday essentials. With quick access to Highway 50 and just a short drive to downtown Lee’s Summit, this property checks all the boxes. And let's not forget—it's located within the boundaries of award-winning Lee’s Summit schools, a major draw for families and a big boost to rental demand. Whether you’re growing your portfolio or looking for a turnkey, hassle-free investment, this property delivers on performance, location, and long-term potential.
Last Agent to Sell the Property
Real Broker, LLC-MO Brokerage Phone: 816-699-1713 License #2015010286 Listed on: 03/28/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,824
Year Built
- Built in 1986
Lot Details
- 13,985 Sq Ft Lot
HOA Fees
- $17 Monthly HOA Fees
Parking
- Attached Garage
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 5,512 Sq Ft Home
- 2-Story Property
Schools
- Prairie View Elementary School
- Lee's Summit High School
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 61-620-24-07-00-0-00-000
- $0 special tax assessment
Community Details
Overview
- 4 Units
- Vista Del Verde Association
- Vista Del Verde Subdivision
Building Details
- Gross Income $66,000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
Apr 24, 2025
Sold by
Victor R Demayo R and Victor Freda M
Bought by
Seller's Agent
Trevor Lorance
Real Broker, LLC-MO
Buyer's Agent
Elizabeth Blando
KW KANSAS CITY METRO
List Price
$600,000
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.75%
Original Mortgage
$526,400
Outstanding Balance
$519,717
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$41,781
Purchase Details
Closed on
Mar 22, 2001
Sold by
Demayo Victor R and Demayo Freda M
Bought by
Demayo Victor R and Demayo Freda M
Purchase Details
Closed on
Aug 6, 1998
Sold by
Paddack Kista
Bought by
Missouri Hwy & Transportation Commission
Purchase Details
Closed on
Aug 5, 1998
Sold by
Demayo Victor R and Demayo Freda M
Bought by
Missouri Hwy & Transportation Commission
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lees Summit, MO
-
Sheryl Taylor
-
Lisa Sapenaro
Lisa Sapenaro
Keller Williams KC North
(913) 379-8738
158 Total Sales
9 in Lee's Summit
$255K - $450K Price Range
-
Brent Sledd
Brent Sledd
Weichert, Realtors Welch & Co.
(913) 318-5624
353 Total Sales
8 in Lee's Summit
$285K - $690K Price Range
-
Gayla Hiatt
Gayla Hiatt
Keller Williams KC North
(816) 300-9474
156 Total Sales
3 in Lee's Summit
$260K - $588K Price Range
-
Gary Le' Roi Newton
Gary Le' Roi Newton
Properties by G. Le' Roi LLC
(636) 352-2778
188 Total Sales
2 in Lee's Summit
$279K - $310K Price Range
-
Stacie Green
Stacie Green
Keller Williams Realty Partners Inc.
(816) 307-3914
69 Total Sales
3 in Lee's Summit
$296K - $483K Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $675,000 | Continental Title | ||
| Demayo Victor R | -- | -- | |
| Missouri Hwy & Transportation Commission | -- | -- | |
| Missouri Hwy & Transportation Commission | -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $526,400 |
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 |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Sold | -- | -- | -- |
| 04/06/2025 04/06/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $600,000 | -- | $109 / Sq Ft |
Source: Heartland MLS
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $6,723 | $92,469 | $8,603 | $83,866 |
| 2025 | $6,824 | $92,469 | $8,603 | $83,866 |
| 2024 | $6,824 | $94,506 | $10,203 | $84,303 |
| 2023 | $6,774 | $94,506 | $5,364 | $89,142 |
| 2022 | $5,644 | $69,920 | $9,168 | $60,752 |
| 2021 | $5,761 | $69,920 | $9,168 | $60,752 |
| 2020 | $5,533 | $66,501 | $9,168 | $57,333 |
| 2019 | $6,194 | $76,532 | $9,168 | $67,364 |
| 2018 | $5,016 | $57,510 | $5,607 | $51,903 |
| 2017 | $5,016 | $57,510 | $5,607 | $51,903 |
| 2016 | $4,940 | $56,069 | $4,066 | $52,003 |
| 2014 | $4,678 | $52,047 | $4,067 | $47,980 |
Source: Public Records
Agents Affiliated with this Home
-
Trevor Lorance
Seller's Agent in 2025
Trevor Lorance
Real Broker, LLC-MO
(816) 699-1713
199 Total Sales
-
C Lorance Team
Seller Co-Listing Agent in 2025
C Lorance Team
Real Broker, LLC-MO
(816) 877-8700
231 Total Sales
-
Elizabeth Blando
Buyer's Agent in 2025
Elizabeth Blando
KW KANSAS CITY METRO
(816) 621-5925
149 Total Sales
Map
Source: Heartland MLS
MLS Number: 2538137
APN: 61-620-24-07-00-0-00-000
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.
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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