NOT LISTED FOR SALE

13600 Quince Rd Neosho, MO 64850

Estimated Value: $2,211,817

Studio
-- Bath
-- Sq Ft
827,204 Sq Ft Lot

Last Sold June 29, 2018

Current estimated payment $12,684/month

200 Days on Market

Highlights

  • Community Playground
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Resident Manager or Management On Site
  • Ceiling Fan

About This Home

As of June 2018

Excellent investment opportunity with a total of 66 units and possibility of up to 26 more unit expansion. Has a large park in the middle for children to play and a community storm shelter for emergencies. Very low vacancy rates and generates just shy of 35k a month in rental income. Detailed records available are to qualified purchasers. This has city utilities along with natural gas. Tremendous return on the money!!!

Last Agent to Sell the Property

Kevin VanStory

SWMO Homes License #1999079629 Listed on: 09/15/2017

Last Buyer's Agent

somo.rets.517000077

somo.rets.RETS_OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Lot Details

  • 18.99

Home Design

  • Mobile Home Park

Interior Spaces

  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Goodman Elementary School
  • Neosho Middle School
  • Neosho High School

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash
  • High Speed Internet

Community Details

Recreation

  • Community Playground

Additional Features

  • 66 Units
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

1980

Lot Details

18.99 Acres

Listing Details

  • Property Type: B
  • Property Sub Type: Mobile Home Park
  • Estimated Year Built: 1980
  • Inside City Limits: No
  • Miscellaneous: Resident Manager
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Sq Ft Finshd And Unfnshd: 5000 or more

Exterior Features

  • Waterfront View: None
  • Lake/River: None
  • Construction: Other - See Remarks
  • Streets: Private Road
  • Buildings: Four or More Buildings

Garage/Parking

  • Parking: Two or More

Utilities

  • Cooling: Ceiling Fans, Central
  • Flood Insurance: Not Required
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water: City Water
  • Utilities: City, Gas, High Speed Internet Access, Tenant Pays, Trash, Water

Association/Amenities

  • Amenities: Playground

Lot Info

  • Estimated Lot Size Acres: 18.1300

Rental Info

  • Total Monthly Rent: 34935.00
  • Type of Tenancy: Lease

Tax Info

  • Real Estate Tax: 10140.66
  • R E Tax Provided By: Assessor Records
  • Assessor Parcel Number: 21-4.0-17-000-000-009.001
  • Tax Year: 2016

Multi Family

  • Total Units: 66

MLS Schools

  • Elementary School: Goodman
  • High School: Neosho
  • Middle School: Neosho

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Stepping Stone Llc
Bought by
Stepping Stone Mhc Llc
Current Estimated Value
$2,211,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,182,300
Outstanding Balance
$1,076,680
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,135,137

Purchase Details

Listed on
Sep 15, 2017
Closed on
Jul 2, 2018
Sold by
Kelly Anderson William and Kelly Carmen G
Bought by
Stepping Stone Llc
Seller's Agent
Kevin VanStory
SWMO Homes
Buyer's Agent
Kevin VanStory
SWMO Homes
List Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$1,020,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Stepping Stone Mhc Llc $1,572,459 None Listed On Document
Stepping Stone Llc $1,356,600 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stepping Stone Mhc Llc $1,182,300
Previous Owner Stepping Stone Llc $1,020,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold -- -- --
04/03/2018 04/03/18 Pending -- -- --
09/15/2017 09/15/17 For Sale $1,800,000 -- --
Source: Southern Missouri Regional MLS

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 $14,113 $256,080 -- --
2023 $14,113 $259,480 $106,532 $152,948
2022 $14,113 $258,990 -- --
2021 $14,431 $266,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Missouri Regional MLS

MLS Number: 60090242

Southern Missouri Regional MLS

APN: 21-4.0-17-000-000-009.001

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