NOT LISTED FOR SALE
-- Bed
-- Bath
28,947 Sq Ft
0.7 Acres

About This Home

COMMERCIAL ONLY. The historic Hobbs Building is the premier art studios / mixed-use facility in Kansas City, catering to creative businesses and professional artists of all stripes. COMMERCIAL USE ONLY.

12-month lease unless otherwise stated.
$50 credit/ background check per tenant.
Tenant pays the following utilities: ALL.
Information deemed reliable but not guaranteed- property subject to change due to price and availability.

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Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2008
Sold by
West Ninth Llc
Bought by
City Of Kansas City

Purchase Details

Closed on
Sep 11, 1997
Sold by
1408 W 12Th Blg Partnership
Bought by
West Ninth Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
City Of Kansas City -- Chicago Title
West Ninth Llc -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Ninth Llc $1,500,000
Closed West Ninth Llc $1,565,855
Closed West Ninth L L C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Off Market $735 -- --
01/16/2025 01/16/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $735 -- --
09/18/2024 09/18/24 For Rent $735 -- --

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 $10,848 $117,216 $33,280 $83,936
2023 $10,848 $117,216 $33,280 $83,936
2022 $9,060 $93,760 $26,624 $67,136
2021 $9,033 $93,760 $26,624 $67,136
2020 $8,701 $89,344 $26,624 $62,720
2019 $8,546 $89,344 $26,624 $62,720
2018 $3,909 $41,600 $13,312 $28,288
2017 $3,909 $41,600 $13,312 $28,288
2016 $3,777 $40,000 $12,800 $27,200
2014 $3,786 $40,000 $12,800 $27,200
Source: Public Records

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