NOT LISTED FOR SALE

15 E Commercial St Lebo, KS 66856

Estimated Value: $470,742

5 Beds
3 Baths
-- Sq Ft
1.19 Acres

Last Sold September 26, 2019

Current estimated payment $2,610/month

38 Days on Market

About This Home

As of September 2019

(7) 2 bedroom/1 bath trailer homes and (2) 3 bedroom/2 bath trailer homes, it also has 4 lots to park mobile homes on. All of the homes are rented for a total income of $3,250 a month income. The ages of the trailer homes range from 1977 to 2000. This park has tremendous potential to upgrade the units and increase the income substantially!! This park cash flows right out of the gate!

Last Listed By

Victor Edelman

Tri-County Real Estate License #BR00228590 Listed on: 07/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 400x130

Parking

  • 26 Parking Spaces

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Schools

  • Lebo Elementary School
  • Lebo Middle School
  • Lebo High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 016-042-10-0-30-07-001.00

Community Details

Overview

  • 13 Units
  • Coffey County Subdivision

Building Details

  • 10 Leased Units
  • 3 Vacant Units
  • Gross Income $3,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,480

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: 400x130
  • List Price: 85000
  • Subdivision Name: Coffey County
  • Architectural Style: Other
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range/Oven, Dishwasher, Disposal
  • UnitFeatures: Carpets,Hardwood,Kit/Din Combo,Kit/Family Combo

Garage/Parking

  • Total Parking Spaces: 26

Utilities

  • Cooling: Central Electric, Window Unit(s)
  • Heating: Wall Furnace
  • Sewer: City Water, City Sewer
  • AreUtilitiesOnYN: Yes

Schools

  • Elementary School: Lebo Elementary School/USD 293
  • High School: Lebo High School/USD 243
  • Middle Or Junior School: Lebo Middle School/USD 243

Lot Info

  • Zoning: R-1 Single Family
  • Parcel #: 016-042-10-0-30-07-001.00
  • FloodZone: Unknown
  • AssessedImpValue: 71490
  • DownZoneYN: No
  • ConformsToZoningYN: Yes
  • ApproxSqFtImprovements: 7,020

Rental Info

  • AvailableForLeaseYN: Yes
  • LeasePrice: 350

Multi Family

  • Number Of Units Vacant: 3
  • Gross Income: 3250
  • Number Of Units Leased: 10
  • Number Of Units Total: 13
  • NumberOfUnitsOccupied: 10

Tax Info

  • Tax Annual Amount: 1480
  • GeneralTax: 1480.00
  • SpecTax: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 25, 2019
Bought by
Stack Erica
Seller's Agent
Victor Edelman
Tri-County Real Estate
Buyer's Agent
Victor Edelman
Tri-County Real Estate
List Price
$85,000
Sold Price
$82,500
Premium/Discount to List
-$2,500
-2.94%
Total Days on Market
38
Current Estimated Value
$470,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,242
Avg. Annual Appreciation
31.77%

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
Stack Erica $82,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold -- -- --
08/19/2019 08/19/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $85,000 -- --
Source: Sunflower Association of REALTORS®

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 $2 $64,913 $2,760 $62,153
2023 $266 $2,239 $2,185 $54
2022 $1,411 $10,682 $2,185 $8,497
2021 $1,411 $9,719 $2,070 $7,649
2020 $1,411 $10,655 $2,070 $8,585
2019 $1,496 $10,809 $2,588 $8,221
2018 $1,447 $10,865 $2,427 $8,438
2017 $1,447 $10,490 $2,427 $8,063
2016 $1,600 $11,150 $2,128 $9,022
2015 -- $10,397 $2,128 $8,269
2014 -- $10,549 $2,128 $8,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sunflower Association of REALTORS®

MLS Number: 208492

Sunflower Association of REALTORS®

APN: 042-10-0-30-07-001.00-0