NOT LISTED FOR SALE

2507 NW Chipman Rd Lees Summit, MO 64081

Estimated Value: $281,577 - $364,000

6 Beds
2 Baths
1,591 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2016

Current estimated payment $1,812 / mo

4 Days on Market

Highlights

  • Central Heating and Cooling System
  • Cedar Creek Elementary School Rated A
  • 1-Story Property

About This Home

As of February 2016

Buy one or 2 duplexes in close in Lee's Summit. Just off I470 and View High drive, this is an AFFORDABLE first time investor building. Owner has done a lot of work, and where on earth can you find a building for this price in such a nice city!! NEW ROOF. Manage yourself, live in one side, or use current professional property management company.

Last Agent to Sell the Property

Robin Krieger

Keller Williams Realty Partners Inc. License #SP00016095 Listed on: 01/18/2016

Keller Williams Realty Partners Inc.

Last Buyer's Agent

Marshall Stapleton

Berkshire Hathaway HomeServices All-Pro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 60x80

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,591 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Cedar Creek Elementary School
  • Lee's Summit West High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 62-220-02-02-00-0-00-000

Community Details

Overview

  • 2 Units
  • Westvale Add Subdivision

Building Details

  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,273

Year Built

Built in 1962

Lot Details

7,797 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: Westvale Add Replat Of Lots 9-28
  • Package: Optional
  • Year Built: 1962
  • Senior Community: No
  • Down Payment Deprecated: Yes
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: Yes
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Robin Krieger
  • List Office Mls Id: KW01
  • List Office Name: Keller Williams Realty Partner
  • List Office Phone: 913-906-5400
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 2200
  • Other Incentive Description: 2 buildings sold together 2507 and 2509 Chipman
  • Special Documents Required: No
  • Tax Total Amount: 1273
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units
  • Basement: No
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • Middle/Junior School: Summit Lakes

Lot Info

  • In Floodplain: No
  • Zoning: r2
  • Building Area Total: 1591.00
  • Lot Dimensions: 60x80
  • Parcel Number: 62-220-02-02-00-0-00-000
  • Subdivision Name: Westvale Add

Rental Info

  • Existing Lease Terms: Negotiable

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 13200
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1273.00

MLS Schools

  • Elementary School: Cedar Creek
  • School District: Lee's Summit
  • High School: Lee's Summit West

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

Closed on
Jan 16, 2017
Sold by
Bought by
Current Estimated Value
$306,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,608,938
Outstanding Balance
$1,326,290
Interest Rate
4.13%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$1,020,146

Purchase Details

Closed on
Jan 3, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 2008
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
$84,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2005
Sold by
Bought by
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
$1,592,000 Thomson Affinity Title Llc
-- None Available
-- None Available
-- Assured Quality Title Co
-- Stewart Title North Title &
-- 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
Open $1,608,938
Previous Owner $84,000
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
02/17/2016 02/17/16 Sold -- -- --
01/22/2016 01/22/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $75,000 -- $47 / 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 $1,940 $30,896 $13,862 $17,034
2024 $1,926 $26,866 $5,149 $21,717
2023 $1,926 $26,866 $4,813 $22,053
2022 $2,009 $24,890 $5,111 $19,779
2021 $2,051 $24,890 $5,111 $19,779
2020 $1,814 $21,797 $5,111 $16,686
2019 $1,764 $21,797 $5,111 $16,686
2018 $1,215 $13,934 $1,630 $12,304
2017 $1,215 $13,934 $1,630 $12,304
2016 $1,197 $13,585 $1,349 $12,236
2014 $1,273 $14,250 $1,930 $12,320
Source: Public Records

Agents Affiliated with this Home

  • Robin Krieger

    Seller's Agent in 2016

    Robin Krieger

    Keller Williams Realty Partners Inc.

    (913) 485-2620

    1 in this area

    18 Total Sales

    Robin Krieger
    Section Image
  • Marshall Stapleton

    Buyer's Agent in 2016

    Marshall Stapleton

    Berkshire Hathaway HomeServices All-Pro

    (816) 213-0000

    21 Total Sales

    Marshall Stapleton
    Section Image
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Map

Source: Heartland MLS

MLS Number: 1972098

Heartland MLS

APN: 62-220-02-02-00-0-00-000

Missouri Jackson County Lee's Summit 64081

2507 NW Chipman Rd, Lee's Summit, 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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