NOT LISTED FOR SALE

Estimated Value: $291,000 - $458,000

8 Beds
4 Baths
4,142 Sq Ft
$84/Sq Ft Est. Value

Last Sold July 15, 2020

Current estimated payment $2,106/month

9 Days on Market

Highlights

  • Loft
  • Central Air
  • Carpet
  • Formal Dining Room
  • Family Room

About This Home

As of July 2020

4plex investment opportunity in great KC location. Currently 50% occupied. New tenants could be placed at market rent in the 2 vacant units. All electric units, coin-operated laundry in the basement, off-street parking in the back with 4 spaces. Owner pays water. Selling AS-IS.

Last Agent to Sell the Property

Luke Stanley

Chartwell Realty LLC License #2007033646 Listed on: 05/11/2020

Last Buyer's Agent

Stacy Garrett

Sage Sotheby's International Realty License #2018015572

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1925

Lot Details

  • 5,227

Home Design

  • Quadruplex
  • Brick Frame
  • Tar and Gravel Roof
  • Synthetic Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Loft
  • Carpet
  • Basement
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Additional Features

  • 5,227 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 28-430-29-06-00-0-00-000

Community Details

Overview

  • 4 Units
  • Corder North Place Subdivision

Building Details

  • Gross Income $20,131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,064

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 76-100 Years
  • Legal Description: CORDER N PLACE LOT 3
  • Package: No
  • Year Built: 1925
  • Senior Community: No
  • Dining Area Features: Formal
  • 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: Luke Stanley
  • List Office Mls Id: CHAR02
  • List Office Name: Chartwell Realty LLC
  • List Office Phone: 816-877-8200
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 14040
  • Other Room Features: Balcony/Loft, Family Room
  • Special Documents Required: No
  • Tax Special Amount: 964
  • Tax Total Amount: 964
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Common Entry
  • Basement: Yes
  • Flooring: Carpeted Floors
  • Laundry Features: Central Laundry, In The Basement
  • Stories: 2

Exterior Features

  • Roof: Synthetic, Tar/Gravel
  • Construction Materials: Brick & Frame, Stucco

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Ind Heat And Air
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Kansas City Mo

Lot Info

  • In Floodplain: No
  • Zoning: 1140
  • Lot Size Area: 0.12
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 5227.20
  • Parcel Number: 28-430-29-06-00-0-00-000
  • Subdivision Name: Corder North Place

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 20131
  • Current Occupancy Rate: Under 80%
  • Operating Expenses Include: Accounting, Advertising, Legal, Maintenance, Property Mgmt, Real Estate Tax, Supplies, Water

Tax Info

  • Tax Abatement: No

MLS Schools

  • School District: Kansas City Mo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jul 6, 2020
Sold by
Ls3 Holdings Llc
Bought by
Holmes George L
Seller's Agent
Luke Stanley
Chartwell Realty LLC
Buyer's Agent
Stacy Garrett
Sage Sotheby's International Realty
List Price
$210,000
Current Estimated Value
$347,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$129,750
Outstanding Balance
$116,328
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$171,005

Purchase Details

Closed on
May 7, 2020
Sold by
Kc Benton Llc
Bought by
Ls3 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2018
Sold by
Spedidel David C
Bought by
Kc Benton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 4, 2018
Sold by
Kc1 Benton Llc
Bought by
Kc Benton Llc
Seller's Agent
Susan Reagan
Compass Realty Group
Buyer's Agent
Heather Green
Aristocrat Realty
List Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Jan 9, 2017
Sold by
Luck Albert and Luck Kemwana
Bought by
Kc1 Benton Llc

Purchase Details

Listed on
Jul 20, 2015
Closed on
Nov 24, 2015
Sold by
Start Properties Llc
Bought by
Luck Albert and Luck Kemwana
Seller's Agent
Luther Wilson III
Upside Property Services , LLC
Buyer's Agent
Allen Epstein
Realty Executives
List Price
$102,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$69,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2002
Sold by
Cameron Jeremiah
Bought by
Housing Investments Inc
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
Holmes George L -- Clear Title Nationwide Inc
Ls3 Holdings Llc -- Alpha
Kc Benton Llc -- First American Titler
Speidel David C -- First American Title Ins
Kc Benton Llc -- Brokers Title Llc
Kc1 Benton Llc -- None Available
Luck Albert -- Alpha Title Llc
Housing Investments Inc -- Security Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes George L $129,750
Previous Owner Ls3 Holdings Llc $150,000
Previous Owner Speidel David C $105,000
Previous Owner Luck Albert $69,000
Previous Owner Housing Investments Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold -- -- --
05/20/2020 05/20/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $210,000 +52.2% $51 / Sq Ft
05/08/2018 05/08/18 Sold -- -- --
04/20/2018 04/20/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $138,000 +34.6% $33 / Sq Ft
12/07/2015 12/07/15 Sold -- -- --
10/23/2015 10/23/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $102,500 -- $25 / 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 $3,064 $35,625 $475 $35,150
2023 $3,064 $39,190 $405 $38,785
2022 $2,579 $31,350 $1,549 $29,801
2021 $2,570 $31,350 $1,549 $29,801
2020 $985 $11,860 $1,549 $10,311
2019 $964 $11,860 $1,549 $10,311
2018 $554 $6,966 $679 $6,287
2017 $554 $6,966 $679 $6,287
2016 $544 $6,791 $404 $6,387
2014 $545 $6,791 $404 $6,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2219945

Heartland MLS

APN: 28-430-29-06-00-0-00-000