NOT LISTED FOR SALE

206 S Washington St Warrensburg, MO 64093

Estimated Value: $143,998 - $206,000

Studio
-- Bath
1,461 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 10, 2023

Current estimated payment $944/month

5 Days on Market

About This Home

As of August 2023

This is an AMAZING investment opportunity in downtown Warrensburg! 206 Washington is a triplex with each unit being 2BD/1BA. This multifamily property is always rented - due to it's fantastic location - Just a hop skip and a jump away from the University - and there is quite a bit of room to raise these rents. Property has new roof and all units have new hot water heaters. Each unit has a Washer and Dryer. Unit A & B have window units while unit C has central air. Unit A is recently vacant and can be shown anytime. Unit B is rented for $700 with a lease ending 7/31/23. Unit C is rented at $700 with a lease ending 1/3/24. Leased units can be shown with 24 hour notice and a letter of intent. Must be sold with 208 S. Washington due to shared driveway.

Last Agent to Sell the Property

Eva Norton

The Next Door Agents, LLC License #1879756 Listed on: 05/24/2023

Last Buyer's Agent

Eva Norton

The Next Door Agents, LLC License #1879756 Listed on: 05/24/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $416

Year Built

  • Built in 1900

Lot Details

  • 4,965 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Converted Dwelling
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,461 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Separate Meters

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 12602403029002100
  • $0 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$416

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Converted Residence
  • Year Built: 1900
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Eva Norton
  • List Office Mls Id: HMSRBLL
  • List Office Name: Real Broker, LLC
  • List Office Phone: 785-329-9077
  • Mls Status: Sold
  • Age Description: 101 Years/More
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Phone Other: 6604221819
  • Package: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: No
  • Water Source: Public

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Western Missouri Title Company

Schools

  • Junior High Dist: Warrensburg R-VI

Lot Info

  • Zoning: R3
  • Building Area Total: 1461
  • Lot Size Sq Ft: 4965
  • Parcel Number: 12602403029002100
  • Subdivision Name: None
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 3

Rental Info

  • Existing Lease Terms: One Year Lease

Tax Info

  • Tax Annual Amount: 416
  • Tax Abatement YN: 0

Multi Family

  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Aug 10, 2023
Sold by
Michael R Lowe Revocable Trust
Bought by
Crain Holdings & Inv Llc
Seller's Agent
Eva Norton
The Next Door Agents, LLC
Buyer's Agent
Eva Norton
The Next Door Agents, LLC
List Price
$150,000
Views
19
Current Estimated Value
$174,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.23%
Original Mortgage
$148,000
Outstanding Balance
$92,282
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
$82,717

Purchase Details

Closed on
Aug 21, 2015
Sold by
Lowe Robert F
Bought by
Lowe Robert F and Robert F Lowe Revocable 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

Date Buyer Sale Price Title Company
Crain Holdings & Inv Llc -- Western Missouri Title
Lowe Robert F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crain Holdings & Inv Llc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2023 08/10/23 Sold -- -- --
05/30/2023 05/30/23 Pending -- -- --
05/27/2023 05/27/23 Price Changed $200,000 +14.3% $137 / Sq Ft
05/24/2023 05/24/23 Price Changed $175,000 +16.7% $120 / Sq Ft
05/24/2023 05/24/23 For Sale $150,000 -- $103 / 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
2024 $430 $5,635 $0 $0
2023 $430 $5,635 $0 $0
2022 $417 $5,432 $0 $0
2021 $415 $5,432 $0 $0
2020 $404 $5,227 $0 $0
2019 $404 $5,227 $0 $0
2017 $403 $5,227 $0 $0
2016 $371 $5,227 $0 $0
2015 $381 $5,227 $0 $0
2014 -- $5,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2436851

Heartland MLS

APN: 12602403029002100