NOT LISTED FOR SALE

18909 E Lexington Rd Independence, MO 64058

Estimated Value: $425,359 - $507,000

8 Beds
8 Baths
4,992 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 28, 2018

Current estimated payment $2,942/month

10 Days on Market

Highlights

  • Fireplace
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Attached Garage
  • Patio
  • Private Entrance

About This Home

As of May 2018

Price to sell !! Convenient east Independence location in Osage Manor. 2 bedroom 1.5 bath units have a living room with wood-burning fireplace and a kitchen with electric range-oven, dishwasher, disposal, refrigerator. Other amenities in each unit include central air, ceiling fans, mini-blinds, laundry hookups & garage. Outstanding Investment Opportunity!
NOTE: Any sale must be approved by Missouri Probate Court

Last Agent to Sell the Property

Thomas Latta

Latta Real Estate Service, Inc License #1999020183 Listed on: 01/27/2018

Co-Listed By

Carol Latta

Latta Real Estate Service, Inc

Last Buyer's Agent

Al Sien

Real Broker, LLC License #SP00035628

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,355

Year Built

  • Built in 1986

Lot Details

  • 10,062

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Laundry in unit

Parking

  • Attached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • Patio
  • Private Entrance

Listing and Financial Details

  • Assessor Parcel Number 16-240-07-08-00-0-00-000

Community Details

Overview

  • 4 Units
  • Osage Manor Subdivision

Building Details

  • Gross Income $33,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,355

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 31-40 Years
  • Package: No
  • Year Built: 1986
  • Senior Community: No
  • Co List Office Mls Id: LATA
  • Co List Office Name: Latta Real Estate Service, Inc
  • Co List Office Phone: 816-228-3310
  • Co List Office Phone Ext: 112
  • Dining Area Features: Eat-In Kitchen
  • 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: Thomas Latta
  • List Office Mls Id: LATA
  • List Office Name: Latta Real Estate Service, Inc
  • List Office Phone: 816-228-3310
  • List Office Phone Ext: 113
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 4355
  • Special Documents Required: No
  • Tax Total Amount: 4355
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Private Entry
  • Basement: No
  • Fireplace: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, Off Street

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas, Natural Gas
  • Sewer: City/Public
  • Telecommunications: Cable - Available, High Speed Internet - Available, Metro Free
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Lot Info

  • In Floodplain: No
  • Zoning: R-4
  • Parcel Number: 16-240-07-08-00-0-00-000
  • Subdivision Name: Osage Manor

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 33360
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 4355.00

MLS Schools

  • School District: Fort Osage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2018
Closed on
May 17, 2018
Sold by
Curtis Paul M
Bought by
Mohazabrad Farhad
Seller's Agent
Thomas Latta
Latta Real Estate Service, Inc
Buyer's Agent
Al Sien
Real Broker, LLC
List Price
$289,900
Current Estimated Value
$464,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$180,000
Outstanding Balance
$154,986
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$309,104

Purchase Details

Closed on
Mar 15, 2006
Sold by
Robinson Jean L
Bought by
Curtis Merrily L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,600
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2004
Sold by
Rice John O and Benson Rice Judy
Bought by
Robinson Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2004
Sold by
Glidewell Greg Anthony
Bought by
Glidewell Michael T and Glidewell Gayle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Glidewell Greg Anthony
Bought by
Glidewell Todd and Glidewell Gayle

Purchase Details

Closed on
Dec 1, 1999
Sold by
Rice John O
Bought by
Rice John O and Glidewell Greg Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,800
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
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
Mohazabrad Farhad -- First American Title Ins Co
Curtis Merrily L -- Thomson Title Corporation
Robinson Jean L -- Security Land Title Company
Glidewell Michael T -- Security Land Title Company
Glidewell Todd -- --
Rice John O -- Old Republic Title
Rice John O -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohazabrad Farhad $180,000
Previous Owner Curtis Merrily L $180,600
Previous Owner Robinson Jean L $200,000
Previous Owner Rice John O $139,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2018 05/28/18 Sold -- -- --
02/23/2018 02/23/18 Price Changed $275,000 -5.1% $55 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/27/2018 01/27/18 For Sale $289,900 -- $58 / 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
2025 $6,220 $70,859 $6,973 $63,886
2024 $6,165 $69,540 $3,914 $65,626
2023 $6,165 $69,540 $6,272 $63,268
2022 $5,013 $53,580 $5,218 $48,362
2021 $5,018 $53,580 $5,218 $48,362
2020 $5,086 $53,517 $5,218 $48,299
2019 $4,983 $53,517 $5,218 $48,299
2018 $4,355 $46,577 $4,541 $42,036
2017 $4,355 $46,577 $4,541 $42,036
2016 $3,919 $45,410 $3,173 $42,237
2014 $3,457 $39,862 $3,722 $36,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2087679

Heartland MLS

APN: 16-240-07-08-00-0-00-000