NOT LISTED FOR SALE

Estimated Value: $200,000 - $238,000

10 Beds
1 Bath
5,850 Sq Ft
$37/Sq Ft Est. Value

Last Sold December 17, 2021

Current estimated payment $1,316/month

127 Days on Market

About This Home

As of December 2021

Rarely found package of 7 units and a commercial lot fronting Kearney street in North Springfield. The two parcels total over half an acre of land all zoned Highway Commercial. The buildings consist of a 2 bed, 1 bath house at 2346 N Kellett, a 2 bed, 1 bath home at 2352 N Kellett, a duplex behind 2346 N Kellett that has a 2 bed, 1 bath along with a 1 bed and 1 bath, and finally a tri-plex behind 2352 N Kellett that has two 2 bed, 1 bath units and an efficiency apartment as well. Most units are separately metered for electrical. The property cannot be subdivided and is sold with both the parcels as well. The property has not been maintained for a few years and there is a fix up needed on the buildings. Great cash flow opportunity at this price with some TLC. Call agents for details and a for showings!

Last Agent to Sell the Property

Stephen Burks

Murney Associates - Primrose License #1999028871 Listed on: 06/21/2021

Murney Associates - Primrose

Co-Listed By

Stan Myers

Murney Associates - Primrose License #2001016089

Last Buyer's Agent

Kristy Ogden

Murney Associates - Nixa License #2016003767

Murney Associates - Nixa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,647

Year Built

  • 1896

Lot Details

  • 0.4

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Schools

  • Robberson Elementary School
  • Reed Middle School
  • Hillcrest High School

Additional Features

  • Oven or Range
  • Forced Air Heating and Cooling System

Community Details

  • 7 Units

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,647

Year Built

1896

Lot Details

0

Listing Details

  • Property Type: B
  • Property Sub Type: Duplex/Triplex/Fourplex
  • Estimated Year Built: 1896
  • Inside City Limits: Yes
  • Legal Description: MERRILLAN PLACE LOTS 3 & 6 BLK 1 and Merrillan Place Lot 2 Blk 1 (Ex Hwy)
  • Special Features: None
  • Year Built: 1896

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Sq Ft Finshd And Unfnshd: 5000 or more
  • Estimated Sq Ft: 5850.00
  • Unit Features: Carpet, Washer/Dryer Hookup

Exterior Features

  • Waterfront View: None
  • Lake/River: None
  • Roofing Material: Composition
  • Construction: Masonite, Wood Frame
  • Streets: Asphalt, Curbs
  • Buildings: Four or More Buildings

Garage/Parking

  • Parking: One Per Unit
  • Garage Carport: No

Utilities

  • Cooling: Central
  • Flood Insurance: Not Required
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water: City Water
  • Utilities: City, Electricity, Gas, Separate Meters, Sewer, Tenant Pays Part

Schools

  • Elementary School: SGF-Robberson
  • Middle School: SGF-Reed
  • High School: SGF-Hillcrest

Lot Info

  • Estimated Lot Size Acres: 0.5600
  • Lot Dimensions: 100X173 & 40x172
  • Zoning: Commercial

Rental Info

  • Total Monthly Rent: 3125.00
  • Type of Tenancy: Monthly

Tax Info

  • Real Estate Tax: 1719.83
  • R E Tax Provided By: Assessor Records
  • Assessor Parcel Number: 881312105036
  • Tax Year: 2020

Multi Family

  • Total Units: 7

MLS Schools

  • Elementary School: SGF-Robberson
  • High School: SGF-Hillcrest
  • Middle School: SGF-Reed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Summer Start Division Llc
Bought by
Homelink Properties Llc
Current Estimated Value
$216,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$786,000
Outstanding Balance
$765,401
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$550,401

Purchase Details

Listed on
Jun 21, 2021
Closed on
Dec 10, 2021
Sold by
Buell Properties Nine Llc
Bought by
Summer Start Division Llc
Seller's Agent
Stephen Burks
Murney Associates - Primrose
Buyer's Agent
Kristy Ogden
Murney Associates - Nixa
List Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Homelink Properties Llc -- --
Summer Start Division Llc -- None Available
Summer Start Division Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homelink Properties Llc $786,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold -- -- --
10/26/2021 10/26/21 Pending -- -- --
07/28/2021 07/28/21 Price Changed $189,900 -5.1% $32 / Sq Ft
06/21/2021 06/21/21 For Sale $200,000 -- $34 / Sq Ft
Source: Southern Missouri Regional 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
2025 $1,647 $34,370 $3,800 $30,570
2024 $1,647 $30,690 $3,800 $26,890
2023 $1,637 $30,690 $3,800 $26,890
2022 $1,577 $28,880 $3,800 $25,080
2021 $1,577 $28,880 $3,800 $25,080
2020 $1,649 $28,880 $3,800 $25,080
2019 $1,603 $28,880 $3,800 $25,080
2018 $1,485 $26,770 $3,800 $22,970
2017 $1,470 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Missouri Regional MLS

MLS Number: 60193587

Southern Missouri Regional MLS

APN: 88-13-12-105-036