NOT LISTED FOR SALE

1502 Red Oak Dr Rolla, MO 65401

Estimated Value: $304,700 - $356,000

4 Beds
8 Baths
4,096 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 09, 2024

Current estimated payment $1,922/month

41 Days on Market

Highlights

  • 0.56 Acre Lot
  • Cooling Available
  • Forced Air Heating System
  • Attached Garage

About This Home

As of May 2024

Great investment property with long standing, great rental history in a quiet mixed residential neighborhood at the edge of town. There are 4 units - 2 on main level w/ attached 1-car garages and 2 on the basement level w/ plenty of off street parking. Each unit offers 2 Beds/2 baths with roughly 1,024 sq ft of living space. All have private laundry rooms and a space to spend time outside. Units A & D have new paint and flooring. Management & maintenance have been very consistent. Landlord pays for water & lawn maintenance. Expenses shown in listing include water/sewer, lawn & taxes. Tenants need 48 hours notice for showings. Call for your showing today!

Last Agent to Sell the Property

Jenna Davis

THE CLOSERS License #2012041152 Listed on: 03/19/2024

Co-Listed By

Kelsey Davis

THE CLOSERS License #2022007778

Last Buyer's Agent

AiFang Lin

Century 21 First Choice-Rolla License #2016025778

Century 21 First Choice-Rolla

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1993

Lot Details

  • 0.56 Acre Lot

Home Design

  • 4,096 Sq Ft Home
  • Frame Construction

Parking

  • Attached Garage
  • Additional Parking
  • Off-Street Parking

Schools

  • Harry S. Truman Elem. Elementary School
  • Rolla Jr. High Middle School
  • Rolla Sr. High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Wall Furnace
  • Community Sewer or Septic

Community Details

  • Net Operating Income $26,208

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 71-03-9.2-31-032-002-018.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,920

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Old St James Rd
  • Year Built: 1993
  • Directions: Old St James Road on the east side of Rolla, turn onto Oak Forest Drive. Red Oak is on the Left and property is on the Right.
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.56
  • Co List Office Mls Id: MARCLRS01
  • Co List Office Phone: 3403620
  • Co List Office Phone: 3403620
  • Subdivision Name: Oak Forest Sub
  • Above Grade Finished Sq Ft: 4096
  • Age: 31
  • PropaneTank: None
  • Total Expenses: 4032.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Dishwasher(s), Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s)

Exterior Features

  • Disclosures: Unknown, Flood Plain No, Sellers Discl Not Av
  • Construction Type: Frame, Other

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached Garage - 1-2 Car, Additional Parking, Off Street
  • Driveway: Concrete,Gravel

Utilities

  • Sewer: Community Sewer, Public Sewer
  • Cooling: Electric
  • Heating: Forced Air, Individual Furnaces
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Schools

  • Elementary School: Harry S. Truman Elem.
  • Junior High Dist: Rolla 31
  • High School: Rolla Sr. High
  • Middle Or Junior School: Rolla Jr. High

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 24394
  • Parcel Number: 71-03-9.2-31-032-002-018.000
  • Lot Number: 19

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Leases

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1920
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 26208
  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 9, 2024
Sold by
Griffin Denise K
Bought by
Liberty Townhomes Llc
Seller's Agent
Jenna Davis
THE CLOSERS
Buyer's Agent
AiFang Lin
Century 21 First Choice-Rolla
List Price
$324,900
Views
55
Current Estimated Value
$331,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$317,701
Outstanding Balance
$304,819
Interest Rate
0.63%
Mortgage Type
Construction
Estimated Equity
$26,356

Purchase Details

Listed on
Oct 8, 2018
Closed on
Oct 30, 2019
Bought by
Griffin Denise K
Seller's Agent
Cindy Beger
Investment Realty, Inc.
Buyer's Agent
Jenna Davis
THE CLOSERS
List Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Source: Public Records

Range of Values:

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Average Value
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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
Liberty Townhomes Llc $397,126 --
Griffin Denise K $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liberty Townhomes Llc $317,701
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2024 05/09/24 Sold -- -- --
04/29/2024 04/29/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $324,900 +54.7% $79 / Sq Ft
11/01/2019 11/01/19 Sold -- -- -- View Prior Sale
10/30/2019 10/30/19 Pending -- -- --
10/08/2018 10/08/18 For Sale $210,000 -- $103 / Sq Ft
Source: MARIS 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
2025 $1,908 $41,970 $4,620 $37,350
2024 $1,908 $37,380 $3,420 $33,960
2023 $1,920 $37,380 $3,420 $33,960
2022 $1,615 $37,380 $3,420 $33,960
2021 $1,629 $37,380 $3,420 $33,960
2020 $1,469 $32,950 $3,420 $29,530
2019 $1,460 $32,950 $3,420 $29,530
2018 $1,446 $32,950 $3,420 $29,530
2017 $1,445 $32,950 $3,420 $29,530
2016 $1,395 $32,950 $3,420 $29,530
2015 -- $32,950 $3,420 $29,530
2014 -- $32,950 $3,420 $29,530
2013 -- $32,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24012939

MARIS MLS

APN: 71-03-9.2-31-032-002-018.000