NOT LISTED FOR SALE

1618 W Broadway Blvd Sedalia, MO 65301

Estimated Value: $173,000 - $258,000

2 Beds
2 Baths
-- Sq Ft
1 Acres Lot

Sale Details

Date Sold: January 10, 2024

Current estimated payment $1,180 / mo

8 Days on Market

Highlights

  • 1 Acre Lot
  • 1-Story Property
  • Garage

About This Home

As of January 2024

ATTENTION INVESTORS AND HOUSE-HUNTERS! Prime Duplex Investment Opportunity in Thriving Sedalia, Missouri Unlock the potential of this recently renovated duplex in Sedalia, Missouri – an ideal prospect for investors and savvy homeowners alike. Apartment B underwent a full renovation in January 2022, while Apartment A was just completed in August of 2023. Both units feature two bedrooms, one bathroom, and the added convenience of an attached one-car garage. Each unit boasts its own washer/dryer hookups for convenience. The property is strategically designed with separate metering for electric, water, and gas in both units, providing efficiency and ease of management. A Professional property management is already in place, streamlining the investment process. With a potential rental income ranging from $750 to $850 per unit, this duplex offers a lucrative return on investment. Sedalia has experienced significant growth, emerging as a key hub for manufacturing and logistics in central Missouri. The town is anchored by major employers such as NuCor Steel, Pepsi, Tyson Foods, and Whiteman Air Force Base located 20 miles away. The thriving local economy ensures a steady tenant base, making this duplex a compelling addition to your investment portfolio. Don't miss out on this golden opportunity to capitalize on the booming real estate market in Sedalia

Last Agent to Sell the Property

Ken Harding

Platinum Realty LLC License #2017004004 Listed on: 11/22/2023

Last Buyer's Agent

Nicci Ragsdale

RE/MAX of Sedalia License #2017014534

RE/MAX of Sedalia

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 1

Parking

  • Garage

Home Design

  • Duplex

Additional Features

  • 1-Story Property
  • 1 Acre Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

1 Acres

Listing Details

  • Estimated Year Built: 1960
  • Class: Multifamily
  • Lvt Date: 11/23/2023
  • Style: 1 Story
  • Type: Duplex
  • Bathrooms Per Unit: One
  • Parking Per Unit: Two Or More
  • Directions: heading East at the intersection of Hwy 50 & Hwy 65, continue East on Broadway. the duplex is on the left (NORTH) side of the road about 150 yards east of intersection. There is also an alley in back where garage is located.
  • Geo Address Line: 1618 W Broadway Blvd
  • Geo Longitude: -93.2474845423279
  • Geo Primary City: Sedalia
  • Geo Quality: 1
  • Geo Subdivision: MO
  • OFFICELIST_STATE: MO
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1960

Garage/Parking

  • Parking: Garage

Lot Info

  • Number Of Acres: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Jan 3, 2024
Sold by
Miller Jermaine M
Bought by
Harris Alexander A
Seller's Agent
Ken Harding
Platinum Realty LLC
Buyer's Agent
Nicci Ragsdale
RE/MAX of Sedalia
List Price
$148,900
Views
22
Current Estimated Value
$203,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%
Original Mortgage
$142,500
Outstanding Balance
$139,292
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$64,347

Purchase Details

Listed on
Apr 24, 2019
Closed on
Aug 1, 2019
Sold by
Benscoter Properties Llc
Bought by
Miller Jermaine M
Seller's Agent
Rhonda Ahern
Premier Realty Group
Buyer's Agent
Non Member Non Member
Non Member Office
List Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$117,472
Interest Rate
3.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harris Alexander A $178,125 Landmann Title Co
Miller Jermaine M $115,123 Truman Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Alexander A $142,500
Previous Owner Miller Jermaine M $117,472
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2024 01/10/24 Sold -- -- --
11/22/2023 11/22/23 For Sale $148,900 +24.2% --
09/01/2019 09/01/19 Sold -- -- -- View Prior Sale
04/24/2019 04/24/19 For Sale $119,900 -- $79 / Sq Ft
Source: West Central Association of REALTORS® (MO)

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 $1,213 $18,790 $2,910 $15,880
2023 $1,162 $18,790 $2,910 $15,880
2022 $1,139 $18,520 $2,640 $15,880
2021 $1,128 $18,520 $2,640 $15,880
2020 $1,127 $18,520 $2,640 $15,880
2019 $1,120 $15,880 $2,640 $13,240
2017 $963 $15,880 $2,640 $13,240
2016 $953 $15,880 $2,640 $13,240
2015 $955 $15,880 $2,640 $13,240
2014 $959 $16,170 $1,960 $14,210
2013 -- $16,170 $1,960 $14,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (MO)

MLS Number: 96544

West Central Association of REALTORS® (MO)

APN: 153005401009000

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