NOT LISTED FOR SALE

Estimated Value: $188,000 - $253,000

4 Beds
2 Baths
1,579 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 09, 2016

Current estimated payment $1,470/month

14 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2016

Investment property for sale! Each unit is rented for $610, or $1,220 a month. Seller makes $12,208 in profit on this fully occupied duplex units with a 14.21% cap rate after tax and insurance. Units are in great condition with newer kitchens and bathrooms. Each unit has 2 beds, 1 bath, and 1 car garage in this nice all brick raised ranch. Optional package, seller is also selling another duplex on the same street, 1510 N 63rd Terr (MLS # 2017926).

Last Agent to Sell the Property

Scott Tucker

Realty Resource License #SP00232336 Listed on: 10/10/2016

Last Buyer's Agent

Karen L. Gilliland

House of Real Estate, LLC License #BR00231026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1963

Lot Details

  • 0.26

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,579 Sq Ft Home
  • 1-Story Property
  • Basement

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 016215

Community Details

Overview

  • 2 Units
  • Devaults Sub Re Subdivision

Building Details

  • Gross Income $14,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,344

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: DEVAULTS SUB RES, S3, T11, R24, ACRES 0.260000, L6
  • Package: Optional
  • Year Built: 1963
  • Down Payment Deprecated: Yes
  • 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: Scott Tucker
  • List Office Mls Id: RERE
  • List Office Name: Realty Resource
  • List Office Phone: 816-406-0701
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 1344
  • Special Documents Required: No
  • Tax Total Amount: 1344
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: All Brick

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Kansas City Ks

Lot Info

  • In Floodplain: No
  • Zoning: RES
  • Building Area Total: 1579.00
  • Lot Size Area: 0.26
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 11325.60
  • Parcel Number: 016215
  • Subdivision Name: Devaults Sub Re

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 14640
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1344.00

MLS Schools

  • School District: Kansas City Ks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Confident Consulting Llc
Bought by
Mohammadi Mehdi Fartash and Mohammadi Stephanie Noreen
Current Estimated Value
$220,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,150
Outstanding Balance
$65,115
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$143,653

Purchase Details

Closed on
Mar 11, 2021
Sold by
Singh Satnam and Kaur Rajwinder
Bought by
Confident Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,150
Outstanding Balance
$65,115
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$143,653

Purchase Details

Listed on
Oct 10, 2016
Closed on
Dec 2, 2016
Sold by
Welch Jon C and Welch Francisco Muriel
Bought by
Singh Satnam and Kaur Rajwinder
Seller's Agent
Scott Tucker
Realty Resource
Buyer's Agent
Karen L. Gilliland
House of Real Estate, LLC
List Price
$85,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$63,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2011
Sold by
Welch Jon C and Mere Welch Rose
Bought by
Welch Jon C

Purchase Details

Closed on
May 31, 2006
Sold by
Kck Holdings Llc
Bought by
Welch Jon C and Welch Rose Mere

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Martin Thomas M
Bought by
Kck Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.95%
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
Mohammadi Mehdi Fartash -- Omega Title
Confident Consulting Llc -- Omega Title
Singh Satnam -- Alpha Title Llc
Welch Jon C -- Accommodation
Welch Jon C -- Old Republic Title
Kck Holdings Llc -- Guarantee Title
Martin Thomas M -- Guarantee Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammadi Mehdi Fartash $71,150
Previous Owner Singh Satnam $63,000
Previous Owner Welch Jon C $81,000
Previous Owner Welch Jon C $81,000
Previous Owner Martin Thomas M $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold -- -- --
10/24/2016 10/24/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $85,900 -- $54 / 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 $3,218 $21,827 $2,970 $18,857
2023 $2,632 $16,595 $2,520 $14,075
2022 $2,327 $14,617 $1,633 $12,984
2021 $2,183 $13,307 $1,496 $11,811
2020 $2,014 $12,298 $1,197 $11,101
2019 $1,457 $8,973 $1,087 $7,886
2018 $1,528 $8,545 $989 $7,556
2017 $1,316 $8,095 $989 $7,106
2016 $1,329 $8,095 $989 $7,106
2015 $1,345 $8,095 $989 $7,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2016160

Heartland MLS

APN: 016215