$210,000
SOLD OCT 10, 2024
Last list price
-- Bed
-- Bath
1,564 Sq Ft
0.27 Acres

Recently Sold

$134 Per Sq Ft

100 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Paved or Partially Paved Lot
  • 4 Car Attached Garage
  • Private Entrance
  • 4-minute walk to Fairmount Park

About This Home

As of October 2024

Attention Investors! Presenting a low-maintenance duplex featuring a brick front, attractive vinyl siding, and gutters with leaf guards. Both sides are occupied by long-term tenants, ensuring immediate rental income. Each unit features 2 bedrooms, 1 bathroom, an unfinished basement, and a private front-facing garage. The owner has meticulously maintained this property, always keeping it in top condition. A detailed seller's disclosure is available, highlighting a comprehensive list of updates and repairs, including bathroom remodels, new windows, and updated appliances. Tenants are responsible for all utilities, offering a hassle-free investment opportunity.

Basement: The basement in each unit is unfinished, providing an excellent opportunity to add a third conforming bedroom and an additional bathroom, increasing the rental potential and property value.

Please note that measurements are estimated, and buyers should verify all details. The provided photos are from the last turnover and may differ slightly from the current occupied condition. Tenant occupied, 24-hour notice required. Please do not walk around the property without your agent and a scheduled appointment. Finished Sqft, CAP Rate & GRM are estimated, buyer to verify.

Last Agent to Sell the Property

Daniel Ashley

RE/MAX Heritage Brokerage Phone: 816-824-2213 License #DpA123hmls2 Listed on: 06/26/2024

RE/MAX Heritage

Co-Listed By

The Ashley Team

RE/MAX Heritage Brokerage Phone: 816-824-2213

Last Buyer's Agent

Daniel Ashley

RE/MAX Heritage Brokerage Phone: 816-824-2213 License #DpA123hmls2 Listed on: 06/26/2024

RE/MAX Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Private Entrance
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Basement
  • Laundry in Basement
  • Washer

Kitchen

  • Built-In Oven
  • Free-Standing Electric Oven
  • Dishwasher

Parking

  • 4 Car Attached Garage
  • Off-Street Parking

Schools

  • Fairmount Elementary School
  • Van Horn High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 14-720-14-18-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fairmount Subdivision

Building Details

  • Gross Income $16,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,767

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1968
  • Co List Office Mls Id: HMSRMX_16
  • Co List Office Name: RE/MAX Heritage
  • Co List Office Phone: 816-224-8484
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Daniel Ashley
  • Listing Service: Full Service
  • List Office Mls Id: HMSRMX_16
  • List Office Name: RE/MAX Heritage
  • List Office Phone: 816-224-8484
  • Mls Status: Sold
  • Operating Expense: 2136
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 1767
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 816-824-2213
  • Special Features: None

Interior Features

  • Interior Amenities: Individual Storage, Private Entry
  • Appliances: Dishwasher, Dryer, Refrigerator, Built-In Oven, Free-Standing Electric Oven, Washer
  • Basement: Yes
  • Laundry Features: In Basement
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Road Surface Type: Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Attached, Garage, Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Cent Water Heater
  • Cooling: Yes
  • Electric: Separate Meters
  • Water Source: Public
  • Telecom: High Speed Internet - Available

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Ever TItle

Schools

  • Middle/Junior School: Nowlin
  • Junior High Dist: Independence

Lot Info

  • Zoning: DUP
  • Building Area Total: 1564
  • Lot Size Area: 11676
  • Lot Size Sq Ft: 11676
  • Parcel Number: 14-720-14-18-00-0-00-000
  • Subdivision Name: Fairmount
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 16500
  • Current Occupancy Rate: Unknown-Verify
  • Unit Count: 2
  • Gross Multiplier: 13.00

Tax Info

  • Tax Annual Amount: 1767
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Fairmount
  • High School: Van Horn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Oct 10, 2024
Sold by
Lamb Bryan T and Walters-Lamb Laura
Bought by
Vel-Co Inc
Seller's Agent
Daniel Ashley
RE/MAX Heritage
Buyer's Agent
Daniel Ashley
RE/MAX Heritage
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Total Days on Market
100
Views
79
Current Estimated Value
$197,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,542
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Apr 23, 2004
Sold by
Waterman Clifford and Waterman Marilyn
Bought by
Lamb Bryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1996
Sold by
Mills Kenneth
Bought by
Mills Kenneth and Highfill Evelyn L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- Stewart
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $109,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold -- -- --
10/06/2024 10/06/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $210,000 0.0% $134 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $210,000 -6.7% $134 / Sq Ft
06/27/2024 06/27/24 For Sale $225,000 -- $144 / 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 $1,767 $25,403 $2,955 $22,448
2023 $1,767 $25,403 $1,431 $23,972
2022 $1,418 $18,620 $2,670 $15,950
2021 $1,413 $18,620 $2,670 $15,950
2020 $1,272 $16,320 $2,670 $13,650
2019 $1,253 $16,320 $2,670 $13,650
2018 $1,227 $15,519 $1,513 $14,006
2017 $1,224 $15,519 $1,513 $14,006
2016 $1,224 $15,130 $1,520 $13,610
2014 $1,198 $15,130 $1,520 $13,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2496161

Heartland MLS

APN: 14-720-14-18-00-0-00-000