NOT LISTED FOR SALE

Estimated Value: $198,000 - $228,000

4 Beds
2 Baths
1,560 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2024

Current estimated payment $1,354 / mo

10 Days on Market

Highlights

  • 17,802 Sq Ft lot
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of May 2024

Explore this fantastic opportunity in the heart of Independence, MO! This spacious 1,560 Sq Ft duplex presents two units, each featuring two bedrooms, one bathroom, and convenient side-by-side washer/dryer hookups. With remarkably low owner expenses, tenants take care of their gas, electric, water, and trash bills. Landlords can simply manage property taxes, insurance, lawn maintenance, and optional professional property management fees. One unit is presently leased at $938 per month, with market rents reaching approximately $990 per month. The other unit is vacant but recently renovated. The property has been updated with new windows throughout, new flooring, paint & water heater on the vacant side, and newer HVAC systems. Additionally, a new fridge will be installed this week. Don't let this incredible chance slip away!

Last Agent to Sell the Property

Michelle Lutz

Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 03/26/2024

Last Buyer's Agent

Joi Morgason Oyler

Premium Realty Group LLC License #2016038996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1971

Lot Details

  • 17,802 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Cler-Mont Elementary School
  • Fort Osage High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 16-520-06-19-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Far View Gardens Subdivision

Building Details

  • Gross Income $22,512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,037

Year Built

Built in 1971

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1971
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Michelle Lutz
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Sold
  • Operating Expense: 2037
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 18000.00
  • Major Repair Description: ~9k to rehab each unit for a total of 18k. Property delivered fully vacant and rehab ready to buyer. Each unit needs new cabinets, new appliances, paint, flooring, light fixtures, and doors.
  • Package: Optional
  • Attribution Contact: 913-426-5576
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Laundry Features: Inside
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Concrete, Vinyl Siding

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: First American Title

Schools

  • Middle/Junior School: Fort Osage
  • Junior High Dist: Fort Osage

Lot Info

  • Zoning: R-12
  • Building Area Total: 1560
  • Lot Size Sq Ft: 17802
  • Parcel Number: 16-520-06-19-00-0-00-000
  • Subdivision Name: Far View Gardens
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

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

Multi Family

  • Gross Income: 22512
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 2037
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Cler-Mont
  • High School: Fort Osage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
May 14, 2024
Sold by
Arrowhead Hills Llc
Bought by
Hinnen Lewis
Seller's Agent
Michelle Lutz
Lutz Sales + Investments
Buyer's Agent
Joi Morgason Oyler
Premium Realty Group LLC
List Price
$219,000
Views
27
Current Estimated Value
$218,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$124,800
Outstanding Balance
$123,122
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$91,174

Purchase Details

Closed on
May 5, 2020
Sold by
Stockton Bryan D
Bought by
Stockton Bryan David and Bryan D Stockton Trust
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Hinnen Lewis -- None Listed On Document
Stockton Bryan David -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Hinnen Lewis $124,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold -- -- --
03/26/2024 03/26/24 For Sale $219,000 -- $140 / Sq Ft
Source: Heartland MLS

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 $2,046 $19,097 $7,361 $11,736
2024 $2,046 $25,770 $8,761 $17,009
2023 $2,037 $25,770 $4,463 $21,307
2022 $1,201 $14,440 $1,612 $12,828
2021 $1,201 $14,440 $1,612 $12,828
2020 $1,072 $12,719 $1,612 $11,107
2019 $1,062 $12,719 $1,612 $11,107
2018 $930 $11,069 $1,403 $9,666
2017 $831 $11,069 $1,403 $9,666
2016 $831 $10,792 $1,900 $8,892
2014 $735 $9,500 $2,187 $7,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2478918

Heartland MLS

APN: 16-520-06-19-00-0-00-000

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