$550,000
SOLD DEC 2, 2024
Last list price

1312 NW Valley Woods Ct Grain Valley, MO 64029

-- Bed
-- Bath
3,602 Sq Ft
0.3 Acres

Recently Sold

$153 Per Sq Ft

42 Days on Market

Highlights

  • No HOA
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

Back on market at no fault of seller, buyer had to relocate for his job and had to cancel his planned house hack! Clean inspection report in supplements.

This turn-key fourplex is ready for you to live in one unit for free while the other three tenants pay your mortgage! This ingenious "house hacking" strategy is a great way to live rent-free while creating equity. Three of the four units were renovated within the last year - new cabinets, granite countertops, new flooring, and new appliances. The final unit was just renovated so it is ready for an owner-occupant or for you to pick your own tenant. The market rent is $1,150 for this unit.

Each unit has stunning renovations and a 1 car garage. No HOA for the neighborhood. All Ideally located just blocks from I-70, this property offers easy access to all that Kansas City has to offer. Don't miss on on this fantastic opportunity!

Last Agent to Sell the Property

Lee Ripma

Lutz Sales + Investments Brokerage Phone: 816-866-8322 License #2021021630 Listed on: 08/20/2024

Last Buyer's Agent

Michelle Kinnison

RE/MAX Premier Properties License #2021019830

RE/MAX Premier Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,310

Year Built

  • Built in 1987

Lot Details

  • 0.3 Acre Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,602 Sq Ft Home
  • 2-Story Property
  • Basement

Parking

  • Attached Garage
  • Off-Street Parking

Schools

  • Grain Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 37-920-04-07-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Valley Woods Subdivision

Building Details

  • Gross Income $52,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,310

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1987
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Lee Ripma
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Sold
  • Operating Expense: 6310
  • Age Description: 31-40 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 6310
  • Value Range Pricing YN: 1
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 816-866-8322
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Common Entry
  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Concrete, Frame

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Other

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Accurate Title

Schools

  • Junior High Dist: Grain Valley

Lot Info

  • Zoning: R3
  • Building Area Total: 3602
  • Lot Size Area: 13062
  • Lot Size Sq Ft: 13062
  • Parcel Number: 37-920-04-07-00-0-00-000
  • Subdivision Name: Valley Woods
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

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

Multi Family

  • Gross Income: 52560
  • Current Occupancy Rate: Under 80%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 6310
  • Tax Abatement YN: 0

MLS Schools

  • High School: Grain Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Nov 26, 2024
Sold by
Evening Holdings Llc
Bought by
Ackerman Bryce
Seller's Agent
Lee Ripma
Lutz Sales + Investments
Buyer's Agent
Michelle Kinnison
RE/MAX Premier Properties
List Price
$629,000
Views
14
Current Estimated Value
$558,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$568,150
Outstanding Balance
$566,095
Interest Rate
6.54%
Mortgage Type
VA
Estimated Equity
-$7,095

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 11, 2023
Sold by
Kurth Properties Llc
Bought by
Evening Holdings Llc
Seller's Agent
David Wiesemann
RE/MAX Heritage
Buyer's Agent
Lee Ripma
Lutz Sales + Investments
List Price
$415,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.23%

Purchase Details

Closed on
Nov 16, 2020
Sold by
Kurth Craig J and Kurth Mary Ellen
Bought by
Kurth Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2020
Sold by
Kurth Propertis Llc
Bought by
Kurth Craig J and Kurth Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2017
Sold by
Wiesemann Properties Llc
Bought by
Kurth Properties Llc

Purchase Details

Closed on
May 21, 2009
Sold by
Wiesemann David and Wiesemann Sandra
Bought by
Wiesemann Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,521
Interest Rate
4.72%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 30, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wiesemann David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,521
Interest Rate
4.72%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 8, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 15, 2005
Sold by
C J Real Estate Inc
Bought by
Wendling Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 8, 2000
Sold by
Johnson Leamon L and Johnson Terry T
Bought by
Jones James L and Jones Christy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
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
Warranty Deed -- Atc
Warranty Deed -- Atc
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- First United Title Agency Ll
Quit Claim Deed -- Continental Title
Special Warranty Deed -- Continental Title Company
Special Warranty Deed -- First American Title Co
Trustee Deed $163,112 None Available
Corporate Deed -- First American Title Ins Co
Warranty Deed -- Security Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $568,150 VA
Closed $568,150 VA
Previous Owner $160,000 New Conventional
Previous Owner $712,521 Future Advance Clause Open End Mortgage
Previous Owner $712,521 Future Advance Clause Open End Mortgage
Previous Owner $196,800 Fannie Mae Freddie Mac
Previous Owner $36,900 Stand Alone Second
Previous Owner $196,800 Fannie Mae Freddie Mac
Previous Owner $129,600 Purchase Money Mortgage
Closed $20,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold -- -- --
10/22/2024 10/22/24 Price Changed $550,000 -4.3% $153 / Sq Ft
10/10/2024 10/10/24 Price Changed $575,000 -3.4% $160 / Sq Ft
10/01/2024 10/01/24 Price Changed $595,000 -5.4% $165 / Sq Ft
09/14/2024 09/14/24 For Sale $629,000 +51.6% $175 / Sq Ft
09/14/2023 09/14/23 Sold -- -- --
08/03/2023 08/03/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $415,000 -- $115 / 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 $6,310 $79,587 $5,664 $73,923
2023 $6,310 $79,587 $5,664 $73,923
2022 $4,409 $48,640 $3,829 $44,811
2021 $4,306 $48,640 $3,829 $44,811
2020 $3,823 $42,599 $3,829 $38,770
2019 $3,746 $42,599 $3,829 $38,770
2018 $2,978 $31,649 $3,086 $28,563
2017 $2,978 $31,649 $3,086 $28,563
2016 $2,902 $30,856 $2,584 $28,272
2014 $2,521 $26,600 $3,477 $23,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2505518

Heartland MLS

APN: 37-920-04-07-00-0-00-000