NOT LISTED FOR SALE

1409 SE 7th Place Lees Summit, MO 64063

Estimated Value: $386,000 - $416,000

6 Beds
4 Baths
2,521 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 01, 2014

Current estimated payment $2,504/month

408 Days on Market

Highlights

  • Fireplace
  • 1 Car Attached Garage
  • Storm Windows
  • Pleasant Lea Middle School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of December 2014

GREAT Investment! Located on a culdesac in premier area w/ single family homes. Both sides leased with Instant cash flow. Newer roof, HVAC and carpet. Large eat-in kit, FP, appl, extended garage w/ opener, patio, large yard and convenient hwy access.

Last Agent to Sell the Property

Faye Whitney

Platinum Realty LLC License #1999144305 Listed on: 10/03/2013

Platinum Realty LLC

Last Buyer's Agent

Ryan Gritters

Keller Williams Platinum Prtnr License #2013030054

Keller Williams Platinum Prtnr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,973

Year Built

  • Built in 1986

Lot Details

  • Private Entrance

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,521 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Window Treatments
  • Family Room
  • Carpet
  • Basement
  • Laundry in Basement
  • Eat-In Kitchen

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Firewall

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Schools

  • Prairie View Elementary School
  • Lee's Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 61-610-08-32-00-0-00-000

Community Details

Overview

  • 2 Units
  • Vista Del Verde Subdivision

Building Details

  • Gross Income $21,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,973

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 21-30 Years
  • Legal Description: 14TH PLAT LOT 494
  • Package: Optional
  • Year Built: 1986
  • Senior Community: No
  • Dining Area Features: Eat-In Kitchen
  • Down Payment Deprecated: Yes
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: Yes
  • Internet Consumer Comment: Yes
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Faye Whitney
  • 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: 3799
  • Other Room Features: Family Room
  • Special Documents Required: No
  • Tax Total Amount: 2973
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: All Window Cover, Private Entry
  • Basement: Yes
  • Fireplace: Yes
  • Flooring: Carpeted Floors
  • Laundry Features: In The Basement
  • Stories: 3
  • Window Features: Storm Windows

Exterior Features

  • Exterior Features: Storm Doors
  • Roof: Composition
  • Construction Materials: Frame
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, On Street
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Lee's Summit
  • Elementary School: Prairie View
  • Middle School: Pleasant Lea
  • High School: Lee's Summit
  • Middle/Junior School: Pleasant Lea

Lot Info

  • In Floodplain: No
  • Zoning: Multi
  • Building Area Total: 2521.00
  • Parcel Number: 61-610-08-32-00-0-00-000
  • Subdivision Name: Vista Del Verde

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 21300
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Personal Prop Tax, Property Insurance

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2973.00

MLS Schools

  • Elementary School: Prairie View
  • School District: Lee's Summit
  • High School: Lee's Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Nov 25, 2014
Sold by
Mair Gary J and Mair Marlene K
Bought by
Shenn Song Lee Hsu Living Trust
Seller's Agent
Faye Whitney
Platinum Realty LLC
Buyer's Agent
Ryan Gritters
Keller Williams Platinum Prtnr
List Price
$180,000
Current Estimated Value
$397,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Aug 22, 2007
Sold by
Wehmeir Development Llc
Bought by
Mair Gary J and Mair Marlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,315
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Little Bear Llc
Bought by
Wehmeir Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2001
Sold by
Valentine Mary K and Roberts Mary K
Bought by
Valentine Mary K

Purchase Details

Closed on
Apr 29, 1998
Sold by
Roberts Barry W
Bought by
Roberts Mary K
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 Buyer Sale Price Title Company
Shenn Song Lee Hsu Living Trust -- First American Title
Mair Gary J -- Kansas City Title
Wehmeir Development Llc -- Kansas City Title
Little Bear Llc -- Kansas City Title
Valentine Mary K -- --
Roberts Mary K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mair Gary J $148,315
Previous Owner Wehmeir Development Llc $633,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold -- -- --
11/15/2014 11/15/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $180,000 -- $71 / 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 $4,763 $66,449 $9,166 $57,283
2023 $4,763 $66,449 $7,355 $59,094
2022 $3,804 $47,120 $6,603 $40,517
2021 $3,883 $47,120 $6,603 $40,517
2020 $3,440 $41,343 $6,603 $34,740
2019 $3,346 $41,343 $6,603 $34,740
2018 $3,042 $34,884 $4,081 $30,803
2017 $3,042 $34,884 $4,081 $30,803
2016 $2,997 $34,010 $4,370 $29,640
2014 $2,995 $33,316 $4,073 $29,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1853098

Heartland MLS

APN: 61-610-08-32-00-0-00-000