NOT LISTED FOR SALE

224 E Pacific Dr Unit 226 Belton, MO 64012

Estimated Value: $216,000 - $268,000

4 Beds
2 Baths
2,392 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 12, 2018

Current estimated payment $1,524/month

24 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Central Air
  • 2 Car Attached Garage
  • Board and Batten Siding
  • Storm Doors

About This Home

As of June 2018

Great investor opportunity! 3 bdrms & 1.5 bths w Garage. Spacious units w living room and rec space and Lg Master bdrm. Great potential for higher rents as these units have been leased since 2014/2015. Huge tenant pool. Great location w close proximity to Elem School, hwys, shopping and downtown Belton.
224 - Newer dishwasher 2013, newer fridge 2013, HVAC & roof 2018, new stairs on deck Dec 2017, electrical upgd Nov'17
226 - New HVAC 2017, front door new in '16, stove & dishwasher 2016 Unit 224 - lease began 2014 & Unit 226 - lease began 2015 & are both on month-month Great potential for higher rents.
Units currently rented Sect 8. Great Demand in area. Seller prefers to sell all 8 units together -
220-234 Pacific Drive, Belton. - Total Listing Price for 8 units is $540,000

Last Agent to Sell the Property

Tami Froehlich

ReeceNichols - Lees Summit License #2006018610 Listed on: 03/27/2018

ReeceNichols - Lees Summit

Last Buyer's Agent

Steven Gish

KW Diamond Partners License #BR00051957

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,567

Year Built

  • Built in 1978

Lot Details

  • 5,445

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Carpet
  • Eat-In Kitchen
  • Finished Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Scott Elementary School
  • Belton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 1538500

Community Details

Overview

  • 2 Units
  • Bel Air Add Subdivision

Building Details

  • Gross Income $17,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,567

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 31-40 Years
  • Legal Description: Bel Air Lot 24
  • Restrictions: Selling As Is, Unknown
  • Package: Optional
  • Year Built: 1978
  • Dining Area Features: Eat-In Kitchen
  • 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: Tami Froehlich
  • List Office Mls Id: RAN 20
  • List Office Name: ReeceNichols Lees Summit
  • List Office Phone: 816-524-7272
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 3975
  • Other Room Features: Family Room
  • Special Documents Required: No
  • Tax Total Amount: 1567
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units
  • Basement: Finished
  • Basement: Yes
  • Flooring: Carpeted Floors
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Exterior Features: Storm Doors
  • Roof: Composition
  • Construction Materials: Board/Batten, Frame
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Belton
  • Elementary School: Scott
  • Middle School: Belton
  • High School: Belton
  • Middle/Junior School: Belton

Lot Info

  • In Floodplain: Unknown
  • Zoning: R2
  • Parcel Number: 1538500
  • Subdivision Name: Bel Air Add

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 17700
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1567.00

MLS Schools

  • Elementary School: Scott
  • School District: Belton
  • High School: Belton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
Jun 12, 2018
Sold by
Premier Acquisitions Llc
Bought by
Tong Noya
Seller's Agent
Tami Froehlich
ReeceNichols - Lees Summit
Buyer's Agent
Steven Gish
KW Diamond Partners
List Price
$170,000
Current Estimated Value
$248,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$91,875
Outstanding Balance
$80,487
Interest Rate
4.62%
Estimated Equity
$164,716

Purchase Details

Closed on
Oct 22, 2006
Sold by
The Cit Group Consumer Finance Inc
Bought by
Bates James J and Bates Desire K

Purchase Details

Closed on
Apr 26, 2006
Sold by
Mena Diana Lynn and Mena Williams Jose
Bought by
The Cit Group Consumer Finance Inc

Purchase Details

Closed on
May 11, 2005
Sold by
Shriver Darrell L and Shriver Irene
Bought by
Mena Diana Lynn and Mena Williams Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,900
Interest Rate
5.79%
Mortgage Type
Stand Alone Second
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
Tong Noya -- Platinum Title Llc
Bates James J -- --
The Cit Group Consumer Finance Inc $69,700 --
Mena Diana Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Noya $91,875
Closed Tong Noya $91,875
Previous Owner Bates Desire K $143,450
Previous Owner Mena Diana Lynn $18,900
Previous Owner Mena Diana Lynn $107,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2018 06/12/18 Sold -- -- --
04/16/2018 04/16/18 Price Changed $135,000 -10.0% $56 / Sq Ft
04/05/2018 04/05/18 Price Changed $150,000 -11.8% $63 / Sq Ft
03/27/2018 03/27/18 For Sale $170,000 -- $71 / 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 $2,425 $29,480 $1,390 $28,090
2023 $2,425 $29,480 $1,390 $28,090
2022 $2,144 $25,840 $1,390 $24,450
2021 $2,144 $25,840 $1,390 $24,450
2020 $2,083 $24,960 $1,390 $23,570
2019 $2,040 $24,960 $1,390 $23,570
2018 $1,796 $22,160 $1,110 $21,050
2017 $1,568 $22,160 $1,110 $21,050
2016 $1,568 $19,240 $1,110 $18,130
2015 $1,568 $19,240 $1,110 $18,130
2014 $1,573 $19,240 $1,110 $18,130
2013 -- $19,240 $1,110 $18,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2096647

Heartland MLS

APN: 1538500