NOT LISTED FOR SALE

Estimated Value: $458,000 - $665,000

4 Beds
4 Baths
3,240 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 29, 2023

Current estimated payment $3,558/month

9 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System

About This Home

As of September 2023

Incredible investment opportunity right next to KU Med! Four above ground units with two additional studio units in the basement. New roof installed in 2020. Window units for cooling, furnaces for heat. Two basement units are non-conforming, four above ground units are separately metered. Units are well maintained but contain value add potential. Next door neighbors are achieving up to $1250/mo for exact same layout! Current rents are below market.

Perfect for an owner-user or any investor looking for a property in a one-of-a-kind location. KU MED visible from porches and front door steps. Walking distance from 39th St restaurants and shops.

TOURS ONLY WITH AN APPROVED LOI. DO NOT DISTURB TENANTS. Please submit highest and best offer to nick@tiehengroup.com by 8/10/23. Seller will review offers on 8/11/23.

Last Agent to Sell the Property

James Tiehen

The Tiehen Group Brokerage Phone: 913-648-1188 License #BR00023809 Listed on: 08/01/2023

Last Buyer's Agent

Aaron Clemons

Clemons Real Estate LLC License #BR00221922

Clemons Real Estate LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,688

Year Built

  • Built in 1915

Lot Details

  • 3,451

Parking

  • On-Street Parking

Home Design

  • Brick Frame
  • Composition Roof

Kitchen

  • Gas Range
  • Dishwasher

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Separate Meters

Additional Features

  • 2-Story Property
  • Porch
  • 3,451 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 30-330-19-01-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hanover Place Subdivision

Building Details

  • Gross Income $49,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,688

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1915
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: James Tiehen
  • List Office Mls Id: HMSTIEH
  • List Office Name: The Tiehen Group
  • List Office Phone: 913-648-1188
  • Mls Status: Sold
  • Operating Expense: 4688
  • Age Description: 101 Years/More
  • Tax Special Amount: 0
  • Tax Total Amount: 4688
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 4000.00
  • Warranty Description: Builder Warranty
  • Phone Other: 913-439-9332
  • Package: No
  • Attribution Contact: 913-648-1188
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Gas Range
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Unknown
  • Utilities: Cent Water Heater, Separate Meters
  • Cooling: No
  • Water Source: City/Public - Verify

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Title

Schools

  • Junior High Dist: Kansas City Mo

Lot Info

  • Zoning: QUAD
  • Lot Size Area: 3451
  • Lot Size Sq Ft: 3451
  • Parcel Number: 30-330-19-01-00-0-00-000
  • Subdivision Name: Hanover Place
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 49200
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4688
  • Tax Abatement YN: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 28, 2023
Sold by
Hunt Denise
Bought by
M & S Real Estate Investments Llc
Seller's Agent
James Tiehen
The Tiehen Group
Buyer's Agent
Aaron Clemons
Clemons Real Estate LLC
List Price
$465,000
Views
163
Current Estimated Value
$550,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$383,625
Outstanding Balance
$377,776
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$212,224

Purchase Details

Closed on
Aug 28, 2001
Sold by
Hunt South Kansas City Properties Inc
Bought by
Hunt Patrick T and Hunt Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
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
M & S Real Estate Investments Llc -- Platinum Title
Hunt Patrick T -- Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & S Real Estate Investments Llc $383,625
Previous Owner Hunt Patrick T $111,100
Previous Owner Hunt Patrick T $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold -- -- --
08/11/2023 08/11/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $465,000 -- $144 / 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 $6,969 $89,139 $4,366 $84,773
2023 $6,969 $89,138 $4,894 $84,244
2022 $4,689 $57,000 $960 $56,040
2021 $4,673 $61,750 $960 $60,790
2020 $4,493 $54,126 $960 $53,166
2019 $4,400 $54,126 $960 $53,166
2018 $2,450 $30,783 $3,001 $27,782
2017 $2,450 $30,783 $3,001 $27,782
2016 $2,402 $30,011 $1,623 $28,388
2014 $2,410 $30,011 $1,623 $28,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2447858

Heartland MLS

APN: 30-330-19-01-00-0-00-000