$60,000
SOLD JAN 2, 2016
Last list price
-- Bed
-- Bath
1,456 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

108 Days on Market

Highlights

  • Wood Flooring
  • Combination Kitchen and Dining Room
  • Family Room
  • Forced Air Heating System
  • Private Entrance
  • 1-Story Property

About This Home

As of March 2018

This is probably the best deal out their!!! This has a full unfinished walkout basement with 2 bedrooms on the main floor. This unit could easily almost double it's square footage. Hence, increase the rent. The duplex has been well maintained over it's lifetime. This makes for an easy transition for a new owner. This owner has never increased the rent on these units. Therefore, I believe that they are currently under rented. I currently charge more for my 1 bedroom units in the same vicinity of the city. This could make the new owner more $$$. One side has been left vacant so that the new owner can increase the rent to whatever they would like to charge. Long term renter on other side. Current renter (even at low rent) should pay for the entire principle. tax & insur. 2nd side should be 100% PROFIT

Last Agent to Sell the Property

Penny Thurman

Platinum Realty LLC License #2001004838 Listed on: 08/14/2015

Platinum Realty LLC

Last Buyer's Agent

Penny Thurman

Platinum Realty LLC License #2001004838 Listed on: 08/14/2015

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 75x83
  • Private Entrance

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Basement
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 27-240-01-27-00-0-00-000

Community Details

Overview

  • 2 Units
  • Maywood Park Subdivision

Building Details

  • Gross Income $5,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: MAYWOOD PARK LOT 190 & N 25' LOT 191
  • Restrictions: City Codes
  • Package: No
  • Year Built: 1960
  • Dining Area Features: Kit/Dining Combo
  • 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: Penny Thurman
  • List Office Mls Id: KW02
  • List Office Name: Keller Williams Platinum
  • List Office Phone: 816-525-7000
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 1500
  • Other Room Features: Family Room
  • Phone Other: 816-797-0111
  • Phone Other Type: Cell
  • Special Documents Required: No
  • Tax Total Amount: 900
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Private Entry
  • Basement: Yes
  • Flooring: Wood Floors
  • Laundry Features: In The Basement
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Cooling: None
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Ind Water Heaters
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Independence

Lot Info

  • In Floodplain: No
  • Zoning: m
  • Building Area Total: 1456.00
  • Lot Dimensions: 75x83
  • Parcel Number: 27-240-01-27-00-0-00-000
  • Subdivision Name: Maywood Park

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 5400
  • Current Occupancy Rate: Under 80%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 900.00

MLS Schools

  • School District: Independence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 8, 2018
Sold by
The Hoffman Enterprises Llc
Bought by
Oxford Home Llc
Seller's Agent
Pamela Campbell
RE/MAX Premier Properties
Buyer's Agent
Michelle Lutz
Lutz Sales + Investments
List Price
$65,000
Sold Price
$67,500
Premium/Discount to List
$2,500
3.85%
Current Estimated Value
$153,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,302
Avg. Annual Appreciation
12.52%
Original Mortgage
$124,000
Outstanding Balance
$107,018
Interest Rate
4.22%
Mortgage Type
Commercial
Estimated Equity
$53,840
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 Type Sale Price Title Company
Warranty Deed -- First United Title Agency Ll
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,250 Commercial
Open $124,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2018 03/12/18 Sold -- -- --
02/11/2018 02/11/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $65,000 +8.3% $45 / Sq Ft
01/02/2016 01/02/16 Sold -- -- --
11/30/2015 11/30/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $60,000 -- $41 / 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 $1,248 $17,946 $2,044 $15,902
2023 $1,248 $17,945 $1,324 $16,621
2022 $1,028 $13,490 $1,625 $11,865
2021 $1,023 $13,490 $1,625 $11,865
2020 $920 $11,807 $1,625 $10,182
2019 $907 $11,807 $1,625 $10,182
2018 $920 $11,634 $1,134 $10,500
2017 $918 $11,634 $1,134 $10,500
2016 $918 $11,343 $1,710 $9,633
2014 $898 $11,343 $1,710 $9,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1953783

Heartland MLS

APN: 27-240-01-27-00-0-00-000