NOT LISTED FOR SALE

2603 NW Chipman Rd Lees Summit, MO 64081

Lee's Summit Area

Estimated Value: $248,900 - $346,000

4 Beds
2 Baths
1,247 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2013

Current estimated payment $1,677 / mo

46 Days on Market

Highlights

  • Eat-In Kitchen
  • Patio
  • Carpet
  • Cedar Creek Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2013

What an ideal investment opportunity in Lee's Summit MO! These units rent so fast. The school district is one of the most sought after in the state. Great income and potential equity growth in a LOW crime rate area.
This one just makes sense!!

Last Agent to Sell the Property

Nancy Mechlin

Platinum Realty LLC License #1999138651 Listed on: 08/08/2013

Last Buyer's Agent

Andrew Kogan

KW KANSAS CITY METRO License #SP00227775

KW KANSAS CITY METRO

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,217

Year Built

  • Built in 1962

Lot Details

  • 10,149

Parking

  • Assigned Parking

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet
  • Eat-In Kitchen

Outdoor Features

  • Patio

Schools

  • Lee's Summit West High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 62-220-02-07-00-0-00-000

Community Details

Overview

  • 2 Units
  • Westvale Add Subdivision

Building Details

  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,217

Year Built

Built in 1962

Lot Details

10,149 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-- LOT 15 (EX N 20' IN RD)
  • Package: Optional
  • Year Built: 1962
  • Dining Area Features: Eat-In Kitchen
  • Down Payment Deprecated: Yes
  • 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: Nancy Mechlin
  • List Office Mls Id: MOHO
  • List Office Name: More Homes LLC
  • List Office Phone: 816-260-6883
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 1217
  • Other Room Features: Private Bath
  • Special Documents Required: No
  • Tax Total Amount: 1217
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Flooring: Carpeted Floors
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: No
  • Parking Features: Assigned Parking

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Lot Info

  • In Floodplain: No
  • Zoning: multi
  • Parcel Number: 62-220-02-07-00-0-00-000
  • Subdivision Name: Westvale Add

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 13800
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1217.00

MLS Schools

  • 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
Jun 21, 2016
Sold by
Bought by
Current Estimated Value
$279,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Outstanding Balance
$41,915
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$237,310

Purchase Details

Listed on
Aug 8, 2013
Closed on
Oct 28, 2013
Sold by
Bought by
Seller's Agent
Nancy Mechlin
Platinum Realty LLC
Buyer's Agent
Andrew Kogan
KW KANSAS CITY METRO
List Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%

Purchase Details

Closed on
May 29, 2010
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
$47,600
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
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
$47,600
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
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
$47,600
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2010
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
$47,600
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2009
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
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2003
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lees Summit, MO

  • Matt Braswell Real Estate Agent - KW Diamond Partners

    Matt Braswell

    KW Diamond Partners

    (866) 352-4571

    139 Total Sales

    3 in Lee's Summit

    $300K - $353K Price Range

    Matt Braswell
     Section Image
  • Jim Bridges Real Estate Agent - List it for 1 Percent Realty

    Jim Bridges

    List it for 1 Percent Realty

    (913) 354-5283

    95 Total Sales

    1 in Lee's Summit

    $250,000 Price

    Jim Bridges
     Section Image
  • Lainey Puglisi Real Estate Agent - RE/MAX Heritage

    Lainey Puglisi

    RE/MAX Heritage

    (913) 703-5425

    96 Total Sales

    2 in Lee's Summit

    $350K - $365K Price Range

    Lainey Puglisi
     Section Image
  • Mike Cooper Real Estate Agent - RE/MAX Premier Properties

    Mike Cooper

    RE/MAX Premier Properties

    (816) 326-1982

    208 Total Sales

    11 in Lee's Summit

    $157K - $585K Price Range

    Mike Cooper
     Section Image
  • Sheila Nanninga Real Estate Agent - Keller Williams Platinum Prtnr

    Sheila Nanninga

    Keller Williams Platinum Prtnr

    (816) 542-3694

    17 Total Sales

    3 in Lee's Summit

    $285K - $315K Price Range

    Sheila Nanninga
     Section Image
  • Terri Riddle Real Estate Agent - Keller Williams KC North

    Terri Riddle

    Keller Williams KC North

    (913) 701-3936

    63 Total Sales

    5 in Lee's Summit

    $320K - $760K Price Range

    Terri Riddle
     Section Image
See All Agents

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
-- Alpha Title
-- Secured Title Of Kansas City
-- None Available
-- Stewart Title Company
-- Stewart Title
-- Stewart Title
-- None Available
-- Stewart Title North Title &
-- Security Land Title Company
-- Security Land Title Company
-- --
$89,500 Metro One Title
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 $54,000
Previous Owner $47,600
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
11/01/2013 11/01/13 Sold -- -- --
09/23/2013 09/23/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $79,900 -- $64 / 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 $1,664 $23,870 $15,223 $8,647
2024 $2,741 $23,047 $6,270 $16,777
2023 $2,741 $23,047 $6,095 $16,952
2022 $1,457 $18,050 $1,844 $16,206
2021 $1,487 $18,050 $1,844 $16,206
2020 $1,312 $15,764 $1,844 $13,920
2019 $1,276 $15,764 $1,844 $13,920
2018 $1,197 $13,720 $1,605 $12,115
2017 $1,197 $13,720 $1,605 $12,115
2016 $1,179 $13,376 $2,147 $11,229
2014 $1,226 $13,636 $1,930 $11,706
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nancy Mechlin

    Platinum Realty LLC

  • A

    Buyer's Agent in 2013

    Andrew Kogan

    KW KANSAS CITY METRO

    (913) 530-5904

    101 Total Sales

    Andrew Kogan
    Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 1845420

Heartland MLS

APN: 62-220-02-07-00-0-00-000

Missouri Jackson County Lee's Summit 64081

2603 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.