NOT LISTED FOR SALE

300 Rhodes Ave Rolla, MO 65401

Estimated Value: $143,000 - $166,147

2 Beds
-- Bath
1,396 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 31, 2024

Current estimated payment $961/month

94 Days on Market

About This Home

As of October 2024

COMPLETELY REHABBED, UPDATED, and converted to Duplex in late 2019. New kitchens with stainless appliances, bathrooms, Luxury Vinyl Plank flooring through main living areas and carpet in bedrooms, fixtures, fresh paint, washer/dryer hook-ups added, and even the electrical wiring all brought up to code between August and December, 2019. New sewer line installed from home to street in January, 2020. One of the two water heaters was added new in 2019 and Unit B HVAC replaced 4/21. Great rental history and both sides are currently leased. Call agent for lease details. This property has its own paved parking lot that will fit 8 or more vehicles and both units have their own entry. Live in one side and rent out the other, or add this easy maintenance duplex to your investment property inventory. Within 1/2 mile of Downtown Rolla and less than a mile to Missouri University of Science & Technology!

Last Listed By

Cindy Beger

Investment Realty, Inc. License #1999034470 Listed on: 07/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 61.11 x 116.94

Home Design

  • 1,396 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking

Schools

  • Mark Twain Elem. Elementary School
  • Rolla Jr. High Middle School
  • Rolla Sr. High School

Utilities

  • Forced Air Heating System

Community Details

  • Net Operating Income $10,393

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 71-09-1.0-11-004-005-003.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,353

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Olive Street
  • Year Built: 1948
  • Directions: Corner of Rhodes Avenue and South Olive Sreet.
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.16
  • Co List Office Phone: 3648111
  • Subdivision Name: Thoennes Add
  • Above Grade Finished Sq Ft: 1396
  • Age: 76
  • Total Expenses: 4547.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Dishwasher(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s)

Exterior Features

  • Disclosures: Unknown, Sellers Discl Not Av
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: More Than 1 Spc/Unit, Off Street, Open
  • Driveway: Asphalt

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Schools

  • Elementary School: Mark Twain Elem.
  • Junior High Dist: Rolla 31
  • High School: Rolla Sr. High
  • Middle Or Junior School: Rolla Jr. High

Lot Info

  • Lot Dimensions: 61.11 x 116.94
  • Lot Size Sq Ft: 6970
  • Parcel Number: 71-09-1.0-11-004-005-003.000
  • Lot Number: 1

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Leases

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1353
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 10393
  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 28, 2024
Sold by
Thoennes Brandon J and Thoennes Jessica R
Bought by
Mckee Nicholas D
Seller's Agent
Cindy Beger
Investment Realty, Inc.
Buyer's Agent
Cindy Beger
Investment Realty, Inc.
List Price
$167,000
Sold Price
$150,000
Premium/Discount to List
-$17,000
-10.18%
Total Days on Market
94
Views
12
Current Estimated Value
$153,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,037
Avg. Annual Appreciation
12.74%
Original Mortgage
$87,000
Outstanding Balance
$86,122
Interest Rate
0.64%
Mortgage Type
Construction
Estimated Equity
$73,337

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
Mckee Nicholas D $108,750 Wiggins Abs Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckee Nicholas D $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold -- -- --
10/28/2024 10/28/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $167,000 -- $120 / Sq Ft
07/25/2024 07/25/24 Off Market -- -- --
Source: MARIS 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 $1,345 $25,010 $1,620 $23,390
2023 $1,353 $25,010 $1,620 $23,390
2022 $1,149 $25,010 $1,620 $23,390
2021 $1,157 $25,010 $1,620 $23,390
2020 $1,041 $21,960 $1,620 $20,340
2019 -- $0 $0 $0
2018 -- $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MAR24047090

MARIS MLS

APN: 71-09-1.0-11-004-005-003.000