NOT LISTED FOR SALE

Estimated Value: $1,264,596

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold November 08, 2022

Current estimated payment $7,805/month

23 Days on Market

Highlights

  • No HOA
  • Central Air
  • Fenced
  • Storage
  • Garage

About This Home

As of November 2022

2932-34 Cherry Street, also known as 2945-49 McGee Trafficway is a multi-use property located in the Union Hill area of Kansas City, MO. The property currently includes 5 residential apartments, 4 garage / storage spaces and 1 office space.

The property recently had new roofs installed and has no major deferred maintenance. It is an all electric property, there is no gas.

The office space and multi-family units have been recently renovated. The multi-family units all contain their own private washer and dryer in unit. The breakdown of the spaces are as follows:

- Four 800 SF 1BR / 1BA Apartments
- One large 1000 SF 1 BR/ 1BA suite
- One 600 SF office space
- 3600 Sf of garage / storage space

NOTE: Broker/owned

Last Agent to Sell the Property

James Tiehen

The Tiehen Group License #BR00023809 Listed on: 08/16/2022

Last Buyer's Agent

Dale Scott

Dale Scott Real Estate License #2012019212

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,811

Lot Details

  • Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Storage
  • Basement

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 29-810-27-14-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Longfellow Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $98,895

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,811

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 76-100 Years
  • Major Repair Costs: 6550.00
  • Package: No
  • 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: James Tiehen
  • List Office Mls Id: TIEH
  • List Office Name: The Tiehen Group
  • List Office Phone: 913-648-1188
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 35980
  • Special Documents Required: No
  • Tax Total Amount: 5811
  • Unit Type: 1 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Central Storage, Common Entry, Individual Storage
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Exterior Features: Fenced Area
  • Roof: Composition
  • Construction Materials: All Brick

Garage/Parking

  • Garage: Yes
  • Parking Features: Off Street

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Ind Heat And Air, Multi-Unit Heat/Air, Separate Meters
  • Cooling: Yes
  • Water Source: Private Meter

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Lot Info

  • In Floodplain: No
  • Zoning: Office
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 6985.10
  • Parcel Number: 29-810-27-14-00-0-00-000
  • Subdivision Name: Longfellow

Rental Info

  • Existing Lease Terms: One Year Lease

Building Info

  • Number of Units Total: 6

Multi Family

  • Gross Income: 98895
  • Current Occupancy Rate: 90-95%
  • Operating Expenses Include: Electricity, Maintenance, Personal Prop Tax, Property Insurance, Property Mgmt, Real Estate Tax, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 5811.00

MLS Schools

  • School District: Kansas City Mo

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Kcs Investment Nevada Trust and Scott Karen C
Bought by
Descott Holdings Llc
Current Estimated Value
$1,264,596

Purchase Details

Closed on
Jun 14, 2023
Sold by
Descott Holdings Llc
Bought by
Kcs Investment Nevada Trust and Scott

Purchase Details

Listed on
Aug 16, 2022
Closed on
Nov 8, 2022
Sold by
Tiehen Realty Llc
Bought by
Descott Holdings Llc
Seller's Agent
James Tiehen
The Tiehen Group
Buyer's Agent
Dale Scott
Dale Scott Real Estate
List Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$1,454,400
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2016
Sold by
Urban Coeur Properties Llc
Bought by
Tiehen Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2009
Sold by
Ucd Urban Coeur Center Lp
Bought by
Urban Coeur Properties Llc

Purchase Details

Closed on
Nov 12, 2004
Sold by
Planned Industrial Expansion Authority O
Bought by
Ucd Urban Coeur Center Lp
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
Descott Holdings Llc -- Accommodation/Courtesy Recordi
Kcs Investment Nevada Trust -- None Listed On Document
Descott Holdings Llc -- Platinum Title
Tiehen Realty Llc -- Assured Quality Title Co
Urban Coeur Properties Llc -- None Available
Ucd Urban Coeur Center Lp -- Assured Quality Title Co
Planned Industrial Expansion Authority O -- Assured Quality Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Descott Holdings Llc $1,454,400
Previous Owner Tiehen Realty Llc $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2022 11/08/22 Sold -- -- --
09/08/2022 09/08/22 For Sale $1,100,000 0.0% --
09/08/2022 09/08/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $1,100,000 -- --
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
2025 $14,218 $341,376 $79,421 $261,955
2024 $14,218 $304,800 $70,912 $233,888
2023 $14,104 $304,800 $70,912 $233,888
2022 $5,829 $120,640 $48,320 $72,320
2021 $5,812 $120,640 $48,320 $72,320
2020 $5,863 $120,416 $48,320 $72,096
2019 $5,759 $120,416 $48,320 $72,096
2018 $3,312 $70,496 $24,160 $46,336
2017 $3,312 $70,496 $24,160 $46,336
2016 $3,082 $65,276 $22,368 $42,908
2014 $281 $65,276 $22,368 $42,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2399256

Heartland MLS

APN: 29-810-27-14-00-0-00-000