NOT LISTED FOR SALE

231 E Broadway Ave Excelsior Springs, MO 64024

Excelsior Springs Area

Estimated Value: $266,348

Studio
-- Bath
2,876 Sq Ft
$93/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2021

Current estimated payment $1,693 / mo

20 Days on Market

Highlights

  • Business Center
  • Storage
  • 1-Story Property

About This Home

As of October 2021

Historic Ray's Diner in the heart of Excelsior Springs! Ray's was established in 1932 to it's current location in 1950. Ray's is known for its famous Cheeseburgers and fantastic hospitality! Inside you will find a 1950's vibe and vintage feel that remains with the property, vintage booths, vintage stools, surrounded by priceless antiques. The grill is the original that was established with the Diner. The owner is willing to stay on for a short period of time and transition the new owner in if that were requested. The owner has owned the business for the last 17 years and is ready for retirement and next steps in life! The Diner is constantly busy and is a rare gem to find! In the supplement's section you will the profit and loss for the last 4 years, as well as the Appraisal conducted at the end of 2019. As you head through the Diner's main floor hallway, you will find a Master suite and an additional bedroom, down a flight of stairs and you will find a living area for entertaining and an additional large bedroom with surrounding windows! Cook dinner in the kitchen that overlooks the beautiful park across the street. Down another flight of stairs is a large storage area that could possibly be converted into additional living space! You could possibly live behind the restaurant or rent it out. There are pictures and a video attached, feel free to take a look! Seller is extremely motivated and is ready to start the next phase of life!

Last Agent to Sell the Property

Cheryl Bowman

ReeceNichols-KCN License #2017028980 Listed on: 07/08/2021

ReeceNichols-KCN

Last Buyer's Agent

Kim McElwee

RE/MAX Area Real Estate License #1999111970

RE/MAX Area Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,978

Lot Details

  • 4,356

Parking

  • On-Street Parking

Interior Spaces

  • 2,876 Sq Ft Home
  • 1-Story Property
  • Storage

Additional Features

  • Property is zoned C2
  • Phone Available

Community Details

  • Business Center

Listing and Financial Details

  • Assessor Parcel Number 12-311-00-23-13.00

Property Details

Property Type

Other

Est. Annual Taxes

$1,978

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Commercial
  • Property Sub Type: Business Opportunity
  • Age Description: 51-75 Years
  • Legal Description: BROADWAY ADDITION E38.78' LT 2
  • Current Use: Restaurant
  • 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: Cheryl Bowman
  • List Office Mls Id: RAN 13
  • List Office Name: ReeceNichols - Parkville
  • List Office Phone: 816-587-4411
  • Maintenance Provided: No
  • Mls Status: Sold
  • Office Use Rent: Usable
  • Tax Total Amount: 1978
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Inside Storage, Public Restroom, Refrigerator Facility
  • Office Sq Ft: 4356
  • Stories: 1

Exterior Features

  • Exterior Features: Building Sign
  • Road Frontage Type: City Street

Garage/Parking

  • Parking Features: On Street, Other

Utilities

  • Utilities: Electric, Gas, Phone, Storm Sewer, Water

Lot Info

  • In Floodplain: No
  • Zoning: C2
  • Building Area Total: 2876.00
  • Lot Size Area Units: Square Feet
  • Parcel Number: 12-311-00-23-13.00

Rental Info

  • Leased: No

Tax Info

  • Tax Annual Amount: 1978.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Oct 27, 2021
Sold by
Bought by
Seller's Agent
Cheryl Bowman
ReeceNichols-KCN
Buyer's Agent
Kim McElwee
RE/MAX Area Real Estate
List Price
$199,000
Current Estimated Value
$266,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Nov 3, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,158
Interest Rate
0.075%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Coffelt Land Title Inc
-- None Available
-- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $67,158
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold -- -- --
07/28/2021 07/28/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $199,000 -- $69 / Sq Ft
Source: Heartland MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,776 $33,150
2024 $2,926 $34,620
2023 $2,911 $34,620 $0 $0
2022 $2,249 $25,920 $0 $0
2021 $2,256 $25,920 $3,424 $22,496
2020 $1,978 $22,210 $0 $0
2019 $1,977 $22,210 $0 $0
2018 $1,982 $22,210 $0 $0
2017 $1,942 $22,210 $4,160 $18,050
2016 $1,942 $22,210 $4,160 $18,050
2015 $1,956 $22,210 $4,160 $18,050
2014 $1,971 $22,210 $4,160 $18,050
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Bowman

    Seller's Agent in 2021

    Cheryl Bowman

    ReeceNichols-KCN

    (816) 878-3607

    29 Total Sales

    Cheryl Bowman
    Section Image
  • Kim McElwee

    Buyer's Agent in 2021

    Kim McElwee

    RE/MAX Area Real Estate

    (816) 616-3641

    113 Total Sales

    Kim McElwee
    Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 2332548

Heartland MLS

APN: 12-311-00-23-013.00

Missouri Clay County Excelsior Springs 64024

231 E Broadway Ave, Excelsior Springs, MO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Heartland MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listings courtesy of Heartland MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393

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