Seller's Agent in 2022
Ric Alessio
Platinum Realty LLC
(816) 982-4998
3 in this area
48 Total Sales
220 W Excelsior St Excelsior Springs, MO 64024
Estimated Value: $131,000 - $237,000
--
Bed
--
Bath
3,500
Sq Ft
$57/Sq Ft
Est. Value
Highlights
- No HOA
- Accessible Approach with Ramp
- Accessible Doors
- Porch
- Accessible Bedroom
- Forced Air Heating and Cooling System
About This Home
As of October 2022Remodeled apartments with new flooring, fixtures, bath & kitchen updates. 2 Blocks from Broadway downtown Excelsior Springs to all the shops, restaurants, etc. Great location for anyone wanting to be close to downtown. Front has been completely painted new gutters on sides and back. Roof work done to make sure no leaks. See drone for roof which is good condition. Sewer inspection was done less than year ago, cleaned and clear. Great cash flow with low maintenance. Easy to rent due to location and prices and availability. All 4 units are rented and cash flow starting August. This is a remodeled 4 plex that will bring top rents. All new flooring, all new paint, fixtures, etc. some new appliances, toilets, countertops & cabinets.
Unit #1= 2 BR/1BA-683 sq. ft.-rented-$1000/mo+1 mo security-12 mo lease-Starts Sept. 5th
Unit #2= 1BR/1BA-481 sq. ft.-rented-$700/mo+1 mo security - 12 mo lease-started Aug. 1st
Unit #3= 4 BR/1BA-837 sq. ft.-rented-$1200/mo + 1 mo deposit-12 mo lease starts Sept. 1st
Unit #4= 1BR/1BA-490 sq. ft.-rented-$700/mo+1mo security-12 mo lease-Started Aug. 15th
Cap rate = 9.44% Notice must be given to tenants by listing agent prior to entering apts.
Last Agent to Sell the Property
Platinum Realty LLC License #2017015976 Listed on: 06/02/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,299
Year Built
- Built in 1890
Lot Details
- 4,800 Sq Ft Lot
- Lot Dimensions are 40 x 120
- Paved or Partially Paved Lot
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
- Utility Room
- Free-Standing Range
- Basement
Parking
- On-Street Parking
- Off-Street Parking
Accessible Home Design
- Accessible Bedroom
- Accessible Common Area
- Accessible Doors
- Accessible Approach with Ramp
- Accessible Entrance
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 12-311-00-18-004.00
Community Details
Overview
- No Home Owners Association
- 4 Units
- On-Site Maintenance
Building Details
- Gross Income $43,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2022
Closed on
Oct 14, 2022
Sold by
Liberty Premium Properties Llc
Bought by
Realty Works Llc
Seller's Agent
Ric Alessio
Platinum Realty LLC
Buyer's Agent
Sal Termini
Platinum Realty LLC
List Price
$350,000
Sold Price
$295,000
Premium/Discount to List
-$55,000
-15.71%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,721
Avg. Annual Appreciation
-13.66%
Original Mortgage
$236,000
Outstanding Balance
$228,443
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
-$29,164
Purchase Details
Listed on
Nov 13, 2020
Closed on
Feb 1, 2021
Sold by
Cherokee Lanes Llc
Bought by
Liberty Premium Properties Llc
Seller's Agent
Bill Hightower
Jason Mitchell Real Estate Missouri, LLC
Buyer's Agent
Ric Alessio
Platinum Realty LLC
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.19%
Original Mortgage
$116,000
Interest Rate
2.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2020
Sold by
Cherokee Lane Inc
Bought by
Cherokee Lanes Llc
Purchase Details
Closed on
May 1, 2018
Sold by
Jones Anna M
Bought by
Cherokee Lone Inc
Purchase Details
Listed on
Aug 21, 2012
Closed on
Oct 10, 2012
Sold by
North American Re Holdings Llc
Bought by
Jones Scott L and Jones Anna M
Seller's Agent
Bill Hightower
Jason Mitchell Real Estate Missouri, LLC
Buyer's Agent
Bill Hightower
Jason Mitchell Real Estate Missouri, LLC
List Price
$19,900
Sold Price
$14,000
Premium/Discount to List
-$5,900
-29.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.26%
Purchase Details
Closed on
Feb 28, 2012
Sold by
Carson Homes Llc
Bought by
North American Re Holdings Llc
Purchase Details
Closed on
Apr 13, 2007
Sold by
Schmidt Ryan and Schmidt Laura
Bought by
Carson Homes Llc
Purchase Details
Closed on
Dec 26, 2006
Sold by
Franklin Credit Management Corp
Bought by
Schmidt Ryan and Schmidt Laura
Purchase Details
Closed on
Mar 20, 2003
Sold by
Lewis Scott W and Lewis Melissa L
Bought by
Pryor Jesse T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
5.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 28, 1997
Sold by
Cox Ralph R and Cox Wilsie E
Bought by
Lewis Scott W and Lewis Melissa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
8.5%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Realty Works Llc | -- | Security 1St Title | |
| Liberty Premium Properties Llc | -- | Thomson Affinity Title Llc | |
| Cherokee Lanes Llc | -- | None Available | |
| Cherokee Lone Inc | -- | None Available | |
| Jones Scott L | -- | None Available | |
| North American Re Holdings Llc | $54,001 | None Available | |
| Carson Homes Llc | -- | Title Enterprises | |
| Schmidt Ryan | -- | First American Title | |
| Pryor Jesse T | -- | Stewart Title | |
| Lewis Scott W | $38,000 | Excelsior Abstract & Title C |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Realty Works Llc | $236,000 | |
| Previous Owner | Liberty Premium Properties Llc | $116,000 | |
| Previous Owner | The Liberty Premium Properties Llc | $34,000 | |
| Previous Owner | Pryor Jesse T | $22,000 | |
| Previous Owner | Lewis Scott W | $32,400 | |
| Closed | Pryor Jesse T | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2022 10/25/22 | Sold | -- | -- | -- |
| 09/24/2022 09/24/22 | Pending | -- | -- | -- |
| 08/21/2022 08/21/22 | Price Changed | $325,000 | -3.0% | $93 / Sq Ft |
| 08/06/2022 08/06/22 | Price Changed | $335,000 | -4.3% | $96 / Sq Ft |
| 06/02/2022 06/02/22 | For Sale | $350,000 | +180.0% | $100 / Sq Ft |
| 02/01/2021 02/01/21 | Sold | -- | -- | -- |
| 11/25/2020 11/25/20 | Pending | -- | -- | -- |
| 11/24/2020 11/24/20 | Price Changed | $125,000 | -7.4% | -- |
| 11/13/2020 11/13/20 | For Sale | $135,000 | +578.4% | -- |
| 10/15/2012 10/15/12 | Sold | -- | -- | -- |
| 09/20/2012 09/20/12 | Pending | -- | -- | -- |
| 08/21/2012 08/21/12 | For Sale | $19,900 | -- | -- |
Source: Heartland MLS
Tax History Compared to Growth
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 | $2,429 | $34,640 | -- | -- |
| 2023 | $2,414 | $34,640 | $0 | $0 |
| 2022 | $1,717 | $24,230 | $0 | $0 |
| 2021 | $1,723 | $24,230 | $1,824 | $22,406 |
| 2020 | $1,301 | $17,780 | $0 | $0 |
| 2019 | $1,300 | $29,955 | $4,608 | $25,347 |
| 2018 | $1,311 | $17,880 | $0 | $0 |
| 2017 | $1,174 | $17,880 | $2,740 | $15,140 |
| 2016 | $1,174 | $16,420 | $2,740 | $13,680 |
| 2015 | $1,185 | $16,420 | $2,740 | $13,680 |
| 2014 | $1,201 | $16,500 | $2,740 | $13,760 |
Source: Public Records
Agents Affiliated with this Home
-
Ric Alessio
-
Sal Termini
Buyer's Agent in 2022
Sal Termini
Platinum Realty LLC
(816) 379-1637
1 in this area
324 Total Sales
-
Bill Hightower
Seller's Agent in 2021
Bill Hightower
Jason Mitchell Real Estate Missouri, LLC
(816) 678-4463
146 in this area
352 Total Sales
-
Seller Co-Listing Agent in 2021
Brandee Soria
ReeceNichols Excelsior Spgs
(816) 529-1642
19 in this area
51 Total Sales
Map
Source: Heartland MLS
MLS Number: 2385130
APN: 12-311-00-18-004.00
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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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