NOT LISTED FOR SALE

202 N Morse Ave Liberty, MO 64068

Liberty Area

Estimated Value: $433,000 - $1,025,208

Studio
-- Baths
-- Sq Ft
1.42 Acre Lot

Sale Details

Date Sold: July 14, 2017

Current estimated payment $5,507 / mo

21 Days on Market

Highlights

  • On-Site Manager or Management
  • Heritage Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

26 units in 2 all brick buildings with lots of parking. Just a few blocks from William Jewel College in Liberty. Several long term tenants.

Last Agent to Sell the Property

Larry Davis

SVN Encompass Commercial License #1999033073 Listed on: 03/08/2017

Last Buyer's Agent

Larry Davis

SVN Encompass Commercial License #1999033073 Listed on: 03/08/2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,747

Lot Details

  • 1.42

Home Design

  • Composition Roof

Parking

  • 34 Parking Spaces
  • Off-Street Parking

Additional Features

  • 2-Story Property
  • Forced Air Heating and Cooling System
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 15-114-00-10-6.00

Community Details

Overview

  • 26 Units
  • Morse Addition Subdivision

Additional Features

  • Gross Income $153,000
  • On-Site Manager or Management

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,747

Lot Details

1.42 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 41-50 Years
  • Package: No
  • Senior Community: 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: Larry Davis
  • List Office Mls Id: ENCP
  • List Office Name: SVN Encompass Commercial
  • List Office Phone: 816-436-4600
  • List Office Phone Ext: 11
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 70000
  • Special Documents Required: No
  • Tax Total Amount: 9747
  • Unit Type: 1 Bedroom, 2 Bedroom, Efficiency
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: All Brick

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 34

Utilities

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

Condo/Co-op/Association

  • Type Of Management: On-Site Mgmt

Lot Info

  • In Floodplain: No
  • Zoning: r4
  • Parcel Number: 15-114-00-10-6.00
  • Subdivision Name: Morse Addition

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 26

Multi Family

  • Gross Income: 153000
  • Current Occupancy Rate: Over 95%
  • Gross Multiplier: 6.78
  • Operating Expenses Include: Maintenance, Other, Property Insurance, Property Mgmt, Real Estate Tax, Refuse Collection

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 9747.00

MLS Schools

  • School District: Liberty

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

Closed on
May 25, 2022
Sold by
Majidi Shawn Shahram
Bought by
Current Estimated Value
$721,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Outstanding Balance
$1,223,951
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
-$494,847

Purchase Details

Listed on
Mar 8, 2017
Closed on
Jul 14, 2017
Sold by
Beall Elaine C
Bought by
Majidi Shawn Shahram
Seller's Agent
Larry Davis
SVN Encompass Commercial
Buyer's Agent
Larry Davis
SVN Encompass Commercial
List Price
$1,170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.90%
Original Mortgage
$825,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2013
Sold by
Beall Elaine C
Bought by
Eb Real Estates Llc

Purchase Details

Closed on
Sep 13, 2001
Sold by
Crestview Village Associates Lp
Bought by
Crestview Village Associates I Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
6.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2001
Sold by
Crestview Village Lp
Bought by
Nef Properties Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Liberty, 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
-- Alpha Title Guaranty
Majidi Shawn Shahram -- None Available
Eb Real Estates Llc -- None Available
Crestview Village Associates I Lp -- --
Nef Properties Inc -- Chicago Title Insurance Co
Crestview Village Associates Lp -- Chicago Title Insurance Co
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 $1,410,000
Previous Owner Majidi Shawn Shahram $825,000
Previous Owner Crestview Village Associates I Lp $690,000
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
07/14/2017 07/14/17 Sold -- -- --
03/29/2017 03/29/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $1,170,000 -- --
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
2025 $18,276 $254,330
2024 $16,696 $217,080
2023 $16,979 $217,080 $0 $0
2022 $14,183 $179,040 $0 $0
2021 $14,072 $179,033 $39,368 $139,665
2020 $8,749 $104,520 $0 $0
2019 $8,747 $104,520 $0 $0
2018 $10,058 $118,010 $0 $0
2017 $9,747 $118,010 $14,480 $103,530
2016 $9,747 $115,430 $14,480 $100,950
2015 $9,749 $115,430 $14,480 $100,950
2014 $9,826 $115,430 $14,480 $100,950
Source: Public Records

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Map

Source: Heartland MLS

MLS Number: 2034636

Heartland MLS

APN: 15-114-00-10-006.00

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