NOT LISTED FOR SALE

Estimated Value: $187,000 - $248,000

4 Beds
4 Baths
2,904 Sq Ft
$74/Sq Ft Est. Value

Last Sold April 05, 2021

Current estimated payment $1,306/month

6 Days on Market

About This Home

As of April 2021

Great multi-family investment opportunity. (4) 1 bed / 1 bath units. Units are extremely under-rented allowing the buyer to capitalize on a value-add opportunity. Separately metered. Window units for AC on all units. 2 electric furnaces, 2 older wall furnaces. Solid stone building, original hardwood floors throughout. Long term tenants in place on m2m leases. Do not disturb or approach tenants. Call listing agent to schedule showings.

Showing Friday 3/19 2-4pm. Call to confirm.

Last Agent to Sell the Property

Bryce Holsman

KW KANSAS CITY METRO License #2020024592 Listed on: 03/17/2021

KW KANSAS CITY METRO

Last Buyer's Agent

Kate Howard

United Real Estate Kansas City

United Real Estate Kansas City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,855

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x119

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 127911

Community Details

Overview

  • 4 Units
  • Kansas Twn Subdivision

Building Details

  • Gross Income $19,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,855

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 101 Years/More
  • Legal Description: KANSAS TOWN CO 4TH ADD, S28, T11, R25, ACRES 0.14, B9 L25 & L26
  • Package: Optional
  • Year Built: 1910
  • 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: Bryce Holsman
  • List Office Mls Id: PRKC
  • List Office Name: Platinum Realty
  • List Office Phone: 888-220-0988
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 5904
  • Special Documents Required: No
  • Unit Type: 1 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Materials: All Stone

Garage/Parking

  • Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air Electric, Wall Furnace
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Separate Meters
  • Cooling: No
  • Water Source: City/Public - Verify

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Kansas City Ks

Lot Info

  • Zoning: KRP5
  • Building Area Total: 2904.00
  • Lot Size Area: 6098.00
  • Lot Size Area Units: Square Feet
  • Lot Dimensions: 50x119
  • Lot Size Sq Ft: 6098.00
  • Parcel Number: 127911
  • Subdivision Name: Kansas Twn

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 19680
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Personal Prop Tax

Tax Info

  • Tax Abatement: No

MLS Schools

  • School District: Kansas City Ks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 5, 2021
Sold by
Lippold Terry R and Lippold Denise Marie
Bought by
Kms Enterprises Llc
Seller's Agent
Bryce Holsman
KW KANSAS CITY METRO
Buyer's Agent
Kate Howard
United Real Estate Kansas City
List Price
$140,000
Current Estimated Value
$216,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
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
Kms Enterprises Llc -- Platinum Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kms Enterprises Llc $6,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold -- -- --
03/23/2021 03/23/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $140,000 -- $48 / 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 $1,855 $13,052 $2,180 $10,872
2023 $2,676 $16,859 $1,946 $14,913
2022 $2,457 $15,398 $1,544 $13,854
2021 $1,614 $9,909 $1,193 $8,716
2020 $1,452 $8,938 $1,124 $7,814
2019 $1,257 $7,779 $1,127 $6,652
2018 $1,189 $7,408 $781 $6,627
2017 $1,119 $6,924 $781 $6,143
2016 $1,130 $6,924 $781 $6,143
2015 $1,144 $6,924 $781 $6,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2309456

Heartland MLS

APN: 127911