NOT LISTED FOR SALE

Estimated Value: $483,000 - $694,000

8 Beds
4 Baths
4,370 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 07, 2021

Current estimated payment $4,203/month

10 Days on Market

Highlights

  • Deck
  • Porch
  • Central Heating and Cooling System
  • No HOA
  • Storage
  • Private Entrance

About This Home

As of October 2021

Location, Location, Location! Excellent Investment opportunity with this Midtown Quadplex located right off Main Street next to the Streetcar extension route and stop. Four 2 bedroom/1 bath, 1000SF units each, hardwood floors throughout, living room, dining room and each with in-unit laundry equipment. Central Air in all units. All units have a fridge, stove/oven, microwave and dishwasher in the kitchen. Electrical, plumbing and windows have been redone. Building equipped with Google Fiber. Private entrances to each unit. Basement storage space available. Electric and gas metered separately for each unit, water not split and provided by owner. 100% Leased. 3 of 4 Leases are long term month-to-month residents and rents are currently way under market rate, median market rents for 2BR units run $1150/month. Right around the corner from Costco and Home Depot with easy access to Martini Corner entertainment district, Crown Center Downtown, Westport, the Plaza, and Penn Valley Community College.

Last Agent to Sell the Property

Chad Wood

Wood Realty Kansas City License #BR00218799 Listed on: 06/25/2021

Last Buyer's Agent

Brad Cope

Affinity Real Estate License #2007028806

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 1910

Lot Details

  • 4,648 Sq Ft Lot
  • Private Entrance

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Frame
  • Synthetic Roof

Interior Spaces

  • 4,370 Sq Ft Home
  • 2-Story Property
  • Storage
  • Washer
  • Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 29-830-10-17-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • South View Subdivision

Building Details

  • Gross Income $39,559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,198

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 101 Years/More
  • Legal Description: SOUTH VIEW W 15' OF LOT 49 & 30' OF
  • Major Repair Costs: 51170.00
  • Major Repair Description: Roof Replacement
  • Package: No
  • Year Built: 1910
  • 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: Chad Wood
  • List Office Mls Id: WRKC
  • List Office Name: Wood Realty Kansas City
  • List Office Phone: 913-534-8610
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 22478
  • Special Documents Required: No
  • Tax Total Amount: 5198
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Central Storage, Private Entry
  • Appliances: Dishwasher, Dryer, Refrigerator, Rng/Oven- Free Std, Washer
  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Synthetic
  • Construction Materials: Brick & Frame
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Telecommunications: Cable - Available, High Speed Internet - Available, Metro Free
  • Utilities: Separate Meters
  • Cooling: Yes
  • Electric: Separate Meters
  • 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: Kansas City Mo

Lot Info

  • In Floodplain: No
  • Building Area Total: 4370.00
  • Lot Size Area: 4648.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 4648.00
  • Parcel Number: 29-830-10-17-00-0-00-000
  • Subdivision Name: South View

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 39559
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Property Insurance, Real Estate Tax, Sewer, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 5198.00

MLS Schools

  • School District: Kansas City Mo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2018
Sold by
Grateful Green Trails Llc
Bought by
Wessling Heath Thomas and Feuerebach Clinton Lee
Current Estimated Value
$601,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2013
Sold by
H F Fenwick Llc
Bought by
Grateful Green Trails Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
U S Bank National Association
Bought by
H F Fenwick Llc

Purchase Details

Closed on
Nov 5, 2009
Sold by
Laquet Audrea L
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 21, 2005
Sold by
Audrea Burton Real Estate Llc
Bought by
Laquet Audrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 30, 2004
Sold by
Property Asset Llc
Bought by
Audrea Burton Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2004
Sold by
Rickman William L and Hadley Gail
Bought by
Property Asset Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,640
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Mitchell John T
Bought by
Wachovia Bank Of Delaware National Assn and First Union National Bank Of Delaware

Purchase Details

Closed on
Oct 29, 1999
Sold by
Murray Christopher R and Rochelle Murray
Bought by
Mitchella John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1998
Sold by
Wilson Marvel L
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Wessling Heath Thomas -- None Available
Grateful Green Trails Llc -- Continental Title
H F Fenwick Llc -- Continental Title
U S Bank National Association $194,501 None Available
Laquet Audrea L -- Midwest Title Company Inc
Audrea Burton Real Estate Llc -- Stewart Title
Property Asset Llc -- First American Title Ins Co
Wachovia Bank Of Delaware National Assn $61,885 --
Mitchella John T -- Security Land Title Company
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steadfast Investment Group Llc $408,750
Closed Wessling Heath Thomas $301,000
Previous Owner Grateful Green Trails Llc $157,500
Previous Owner H F Fenwick Llc $320,000
Previous Owner H F Fenwick Llc $41,930
Previous Owner Laquet Audrea L $192,000
Previous Owner Audrea Burton Real Estate Llc $170,000
Previous Owner Property Asset Llc $111,640
Previous Owner Mitchella John T $83,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold -- -- --
07/05/2021 07/05/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $545,000 -- $125 / 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 $11,151 $130,912 $21,411 $109,501
2023 $11,151 $130,912 $10,137 $120,775
2022 $6,377 $71,440 $1,292 $70,148
2021 $6,356 $71,440 $1,292 $70,148
2020 $5,198 $62,616 $1,292 $61,324
2019 $5,090 $62,616 $1,292 $61,324
2018 $1,787 $22,451 $2,189 $20,262
2017 $1,787 $22,451 $2,189 $20,262
2016 $1,752 $21,888 $347 $21,541
2014 $1,759 $21,888 $347 $21,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2329041

Heartland MLS

APN: 29-830-10-17-00-0-00-000