NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
-- Built

Last Sold December 06, 2021

33 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Central Heating and Cooling System
  • Pleasant Lea Middle School Rated A-

About This Home

As of December 2021

Great apartment building in Lee's Summit. Walk to downtown Lee's Summit. 10 Units all under one roof. 8 units with new appliances, new lvt flooring, paint, and new countertops. Total spend on building and unit rehab + $160,000. New Roof 2020 - pitched roof keeps maintenance and replacement cost low. Common areas are improved with new lighting and paint and also upgrades to plumbing stack. 4 New full HVACs installed. Laundry: new

Last Agent to Sell the Property

Aaron Clemons

Clemons Real Estate LLC License #BR00221922 Listed on: 08/27/2021

Clemons Real Estate LLC

Last Buyer's Agent

Aaron Clemons

Clemons Real Estate LLC License #BR00221922 Listed on: 08/27/2021

Clemons Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,400

Parking

  • Off-Street Parking

Home Design

  • Stone Frame
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Basement

Kitchen

  • Dishwasher
  • Stainless Steel Appliances

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 61-310-12-02-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Hearne's Add Subdivision

Building Details

  • Gross Income $123,600

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,400

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 41-50 Years
  • Package: No
  • 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: Aaron Clemons
  • List Office Mls Id: CREL
  • List Office Name: Clemons Real Estate LLC
  • List Office Phone: 816-774-4250
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 36332
  • Phone Other: 8165910825
  • Phone Other Type: Cell
  • Special Documents Required: No
  • Tax Total Amount: 5400
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Common Entry
  • Appliances: Dishwasher, Refrigerator, Stainless Appliances
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Veneer, Stone & Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: Public/City
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Schools

  • School District: Lee's Summit

Lot Info

  • In Floodplain: Unknown
  • Zoning: MF
  • Parcel Number: 61-310-12-02-00-0-00-000
  • Subdivision Name: Hearne's Add

Rental Info

  • Existing Lease Terms: One Year Lease

Building Info

  • Number of Units Total: 10

Multi Family

  • Gross Income: 123600
  • Current Occupancy Rate: 90-95%
  • Gross Multiplier: 10.28
  • Operating Expenses Include: Accounting, Advertising, All Utilities, Electricity, Exterminator, Legal, Maintenance, Permits, Property Insurance, Property Mgmt, Real Estate Tax, Refuse Collection, Sewer, Supplies, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 5400.00

MLS Schools

  • School District: Lee's Summit

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

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold -- -- --
09/29/2021 09/29/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $1,250,000 -- --
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2341894

Heartland MLS