NOT LISTED FOR SALE
-- Beds
-- Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: December 6, 2021

33 Days on Market

Highlights

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

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
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,400

Parking

  • Off-Street Parking

Home Design

  • Brick Veneer
  • 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

Apartment

Est. Annual Taxes

$5,400

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

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Dec 3, 2021
Sold by
Ak Missouri Investments Llc
Bought by
Seller's Agent
Aaron Clemons
Clemons Real Estate LLC
Buyer's Agent
Aaron Clemons
Clemons Real Estate LLC
List Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Outstanding Balance
$774,257
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2019
Sold by
Foster Properties Iv Llc
Bought by
Ak Missouri Investments Llc

Purchase Details

Closed on
Jul 9, 2013
Sold by
Foster Properties Iii Llc
Bought by
Foster Harry D and Foster Susan E

Purchase Details

Closed on
Jul 29, 2010
Sold by
Foster Properties I Llc
Bought by
Foster Properties Iii Llc

Purchase Details

Closed on
Nov 7, 2006
Sold by
Foster Melody B
Bought by
Foster Properties I Llc

Purchase Details

Closed on
Jan 12, 2001
Sold by
Foster Harry D and Foster Susan E
Bought by
Foster Properties I Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lee's Summit, MO

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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
-- Superiar Title
Ak Missouri Investments Llc -- None Available
Foster Harry D -- None Available
Foster Properties Iv Llc -- Kansas City Title
Foster Properties Iii Llc -- Kansas City Title
Foster Properties I Llc -- Kansas City Title
Foster Properties I Llc -- --
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 $860,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
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

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

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
2026 $7,052 $96,991 $54,579 $42,412
2025 $13,808 $96,991 $54,579 $42,412
2024 $13,708 $191,235 $14,231 $177,004
2023 $13,708 $191,235 $14,231 $177,004
2022 $5,920 $73,340 $9,538 $63,802
2021 $6,043 $73,340 $9,538 $63,802
2020 $5,361 $64,429 $9,538 $54,891
2019 $5,215 $64,429 $9,538 $54,891
2018 $4,886 $56,025 $7,632 $48,393
2017 $4,617 $56,025 $7,632 $48,393
2016 $4,617 $52,402 $5,871 $46,531
2014 $3,876 $43,123 $5,871 $37,252
Source: Public Records

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Map

Source: Heartland MLS

MLS Number: 2341894

Heartland MLS
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