NOT LISTED FOR SALE

Estimated Value: $273,000 - $348,000

6 Beds
3 Baths
1,859 Sq Ft
$168/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2025

Current estimated payment $1,927 / mo

22 Days on Market

About This Home

As of January 2025

Investor's dream with side by side twin triplexes in Independence. 2829 Tepee is a well maintained, easy to rent triplex on a quiet tree lined street. The building boasts 3 units - 2 upstairs units that are 2 bedroom, 1 bath each with access from the front and also stairs up to the unit in the back plus a large lower-level unit with 2 bedrooms and 1 bath and ground level access from the back. All units in this building are fully leased. Units A and C have been turned over within the past few years. Unit B has LVP in the Kitchen and Bathroom and a long-term tenant. Each unit has laundry hookups. Exterior recently painted & new back stairs. 2829 and 2825 Tepee (MLS #2521387 share a driveway and parking lot. Great neighborhood with single family homes across the street. Easy access to 291/470 & I-70. Close to Blue Springs and Lee's Summit with great shopping & restaurants nearby The property is being sold as a package with the adjacent 2825 Tepee property (MLS #2521387), a great opportunity for investors.

Last Agent to Sell the Property

The Collective Team

Compass Realty Group Brokerage Phone: 913-359-9333 Listed on: 11/26/2024

Compass Realty Group

Co-Listed By

Stephanie Bulcock

Compass Realty Group Brokerage Phone: 913-359-9333 License #SP00235519

Last Buyer's Agent

Brent Patterson

Real Broker, LLC License #2021006469

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1978

Lot Details

  • 8,939 Sq Ft Lot
  • Lot Dimensions are 76x119

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Stone Frame
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,859 Sq Ft Home
  • 2-Story Property
  • Laundry in unit
  • Basement

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher
  • Disposal

Schools

  • Blackburn Elementary School
  • Truman High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 25-810-19-03-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Castle Woods Subdivision

Building Details

  • Gross Income $28,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

Year Built

Built in 1978

Lot Details

8,939 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1978
  • Co List Office Mls Id: HMSCMLC
  • Co List Office Name: Compass Realty Group
  • Co List Office Phone: 816-280-2773
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: The Collective Team
  • List Office Mls Id: HMSCMLC
  • List Office Name: Compass Realty Group
  • List Office Phone: 816-280-2773
  • Mls Status: Sold
  • Operating Expense: 10089
  • Age Description: 41-50 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: Yes
  • Restrictions: Driveway Easement
  • Attribution Contact: 913-359-9333
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Free-Standing Electric Oven
  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Stone & Frame, Stucco
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Continental Title

Schools

  • Middle/Junior School: Pioneer Ridge
  • Junior High Dist: Independence

Lot Info

  • Zoning: R-18
  • Building Area Total: 1859
  • Lot Dimensions: 76x119
  • Lot Size Sq Ft: 8939
  • Parcel Number: 25-810-19-03-00-0-00-000
  • Subdivision Name: Castle Woods
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 3

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 28846
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3100
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Blackburn
  • High School: Truman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Jan 7, 2025
Sold by
Bulcock Joshua J and Bulcock Stephanie A
Bought by
Ngo John and Wong Helena
Seller's Agent
The Collective Team
Compass Realty Group
Buyer's Agent
Brent Patterson
Real Broker, LLC
List Price
$350,000
Views
29
Current Estimated Value
$312,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.18%
Original Mortgage
$252,000
Outstanding Balance
$250,026
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$62,874

Purchase Details

Closed on
Oct 30, 2020
Sold by
First American Exchange Co Llc
Bought by
Bulcock Joshua J and Bulcock Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2007
Sold by
Phelps Marcia
Bought by
B & P Home Investments Llc

Purchase Details

Closed on
Jul 21, 2005
Sold by
Blau Tom and Phelps Gregg
Bought by
B & P Home Investments Llc

Purchase Details

Closed on
Apr 29, 2004
Sold by
B & P Home Investments Llc
Bought by
Blau Thomas and Phelps Gregg

Purchase Details

Closed on
Oct 31, 2003
Sold by
Marchese Vivian M
Bought by
B & P Home Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.99%
Mortgage Type
Construction
Source: Public Records
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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
Ngo John -- Continental Title
Ngo John -- Continental Title
Bulcock Joshua J -- Platinum Title Llc
B & P Home Investments Llc -- Accommodation
B & P Home Investments Llc -- Parkway Title Inc
Blau Thomas -- Security Land Title Company
B & P Home Investments Llc -- Ati 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 Ngo John $252,000
Closed Ngo John $252,000
Previous Owner Bulcock Joshua J $161,250
Previous Owner B & P Home Investments Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2025 01/08/25 Sold -- -- --
12/18/2024 12/18/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $350,000 -- $188 / Sq Ft
Source: Heartland MLS

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 $3,100 $42,967 $6,555 $36,412
2024 $3,100 $44,751 $4,849 $39,902
2023 $3,030 $44,750 $4,402 $40,348
2022 $2,400 $32,490 $2,223 $30,267
2021 $2,399 $32,490 $2,223 $30,267
2020 $2,166 $28,500 $2,223 $26,277
2019 $2,131 $28,500 $2,223 $26,277
2018 $1,710 $21,827 $2,128 $19,699
2016 $1,683 $21,280 $3,420 $17,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2521397

Heartland MLS

APN: 25-810-19-03-00-0-00-000

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