NOT LISTED FOR SALE

Estimated Value: $159,000 - $177,000

2 Beds
2 Baths
1,250 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 08, 2022

Current estimated payment $1,014/month

47 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

As of September 2022

Do not disturb tenants. Current property management in place should buyers choose to retain. Incredible CASH FLOWING investment property! Up/Down duplex located in heart of Independence, MO! The unit has been well-maintained but still has some value-add potential for investors wanting some quick equity built into the property. Tenants are long-term and would like to remain with the property. Seller has never occupied property there is no seller's disclosure, buyers agent to verify all taxes, square footage, and information pertaining to the property.

Last Agent to Sell the Property

Michelle Bateman

Platinum Realty LLC License #2021010112 Listed on: 07/08/2022

Platinum Realty LLC

Last Buyer's Agent

Ethan Wren

RE/MAX Heritage License #2020010120

RE/MAX Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,305

Year Built

  • Built in 1957

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 26-320-14-29-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fender's Subdivision

Building Details

  • Gross Income $17,724

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,305

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: Lot 10, Fenders Sub, a subdivision in Independence, Jackson County, Missouri.
  • Package: No
  • Year Built: 1957
  • 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: Michelle Bateman
  • Listing Service: Full Service
  • List Office Mls Id: VWLLC
  • List Office Name: Wardell & Holmes Real Estate
  • List Office Phone: 816-416-7111
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 2500
  • Phone Other Type: Cell
  • Special Documents Required: No
  • Tax Total Amount: 1305
  • Unit Type: 1 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Cent Water Heater
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Schools

  • School District: Independence

Lot Info

  • In Floodplain: No
  • Zoning: DUP
  • Building Area Total: 1250.00
  • Lot Size Area: 0.15
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 6534.00
  • Parcel Number: 26-320-14-29-00-0-00-000
  • Subdivision Name: Fender's Subdivision

Rental Info

  • Existing Lease Terms: Negotiable

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 17724
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Electricity, Property Insurance, Real Estate Tax, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1305.00

MLS Schools

  • School District: Independence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 9, 2022
Sold by
Michael Castillo
Bought by
Reef Point Waldo Trust
Seller's Agent
Michelle Bateman
Platinum Realty LLC
Buyer's Agent
Ethan Wren
RE/MAX Heritage
List Price
$145,000
Sold Price
$142,500
Premium/Discount to List
-$2,500
-1.72%
Total Days on Market
47
Current Estimated Value
$165,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,591
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Nov 14, 2020
Sold by
Castillo Michael
Bought by
Olsen Barbara and Reef Point Waldo Trusts

Purchase Details

Closed on
Sep 5, 2020
Sold by
Cashflow Property Llc
Bought by
Castillo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2017
Sold by
Complete Property Services Llc
Bought by
Obi Marketing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,250
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 21, 2017
Sold by
Handyman Investments Llc
Bought by
Complete Property Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,250
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End 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 Buyer Sale Price Title Company
Reef Point Waldo Trust -- --
Olsen Barbara -- None Available
Castillo Michael -- None Available
Obi Marketing Inc -- None Available
Complete Property Services Llc $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castillo Michael $107,250
Previous Owner Obi Marketing Inc $188,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold -- -- --
08/24/2022 08/24/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $145,000 0.0% $116 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $145,000 -3.3% $116 / Sq Ft
07/08/2022 07/08/22 For Sale $150,000 +200.6% $120 / Sq Ft
10/23/2015 10/23/15 Sold -- -- --
09/21/2015 09/21/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $49,900 -- $40 / 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 $1,660 $24,525 $3,646 $20,879
2023 $1,660 $24,525 $2,318 $22,207
2022 $1,305 $17,670 $1,511 $16,159
2021 $1,305 $17,670 $1,511 $16,159
2020 $1,178 $15,501 $1,511 $13,990
2019 $1,159 $15,501 $1,511 $13,990
2018 $1,057 $13,490 $1,315 $12,175
2017 $1,057 $13,490 $1,315 $12,175
2016 $1,040 $13,153 $2,090 $11,063
2014 $1,018 $13,153 $2,090 $11,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2392070

Heartland MLS

APN: 26-320-14-29-00-0-00-000