NOT LISTED FOR SALE

301 NE Timbercreek Dr Lees Summit, MO 64086

Estimated Value: $534,000 - $675,000

10 Beds
8 Baths
5,112 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2021

Current estimated payment $3,946 / mo

37 Days on Market

Highlights

  • Patio
  • Board and Batten Siding
  • Garage
  • Bernard C. Campbell Middle School Rated A-
  • Forced Air Heating and Cooling System
  • Paved or Partially Paved Lot

About This Home

As of May 2021

**Back on the Market, no fault of the sellers** Fully rented fourplex ready for investors, fantastic opportunity! Perfect timing for the next investor with very low upkeep! All 2 story units with 1 car attached garage. These are rarely available and have zero problems staying rented. Award winning Lee's Summit schools. Please do not disturb the tenants.

Last Agent to Sell the Property

Nic Trotter

1st Class Real Estate Summit License #2014016072 Listed on: 03/26/2021

1st Class Real Estate Summit

Last Buyer's Agent

Michelle Lutz

Lutz Sales + Investments License #SP00239672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,147

Year Built

  • Built in 1982

Lot Details

  • 11,941 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 5,112 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Patio

Schools

  • Prairie View Elementary School
  • Lee's Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 61-110-14-04-00-0-00-000

Community Details

Overview

  • 4 Units
  • Bordner Estates Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,147

Year Built

Built in 1982

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 31-40 Years
  • Legal Description: BORDNER ESTATES 3RD PLAT LOT 99
  • Package: Yes
  • Year Built: 1982
  • Senior Community: 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: Nic Trotter
  • List Office Mls Id: KW02
  • List Office Name: Keller Williams Platinum Prtnr
  • List Office Phone: 816-525-7000
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 5760
  • Special Documents Required: No
  • Tax Total Amount: 6147
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Rng/Oven- Electric
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten
  • Patio And Porch Features: Patio
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Telecommunications: Cable - Available, Fiber - Available, High Speed Internet - Available
  • Utilities: Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

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

Schools

  • Middle/Junior School: Bernard Campbell

Lot Info

  • In Floodplain: No
  • Zoning: RES
  • Building Area Total: 5112.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 11941.00
  • Parcel Number: 61-110-14-04-00-0-00-000
  • Subdivision Name: Bordner Estates

Rental Info

  • Existing Lease Terms: One Year Lease, Other, Six Month Lease

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 50400
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Other, Property Mgmt

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 6147.00

MLS Schools

  • Elementary School: Prairie View
  • School District: Lee's Summit
  • High School: Lee's Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2021
Sold by
Stergion Nicholas J and Gotthardt Brittany
Bought by
The Squish Llc
Current Estimated Value
$630,554

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 28, 2021
Sold by
Villanueva Daniel A and Villanueva Melissa E
Bought by
Stergion Nicholas J
Seller's Agent
Nic Trotter
1st Class Real Estate Summit
Buyer's Agent
Michelle Lutz
Lutz Sales + Investments
List Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$370,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2016
Closed on
Mar 29, 2016
Sold by
Copping Edward G and Copping Hiedi K
Bought by
Villanueva Daniel A and Villanueva Melissa E
Seller's Agent
Dave Duncan
Realty Executives
Buyer's Agent
Becky Froese
Keller Williams Platinum Prtnr
List Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$334,366
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2002
Sold by
Higdon Kevin M
Bought by
Copping Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2002
Sold by
Higdon Kevin M
Bought by
Higdon Kevin M and Copping Edward G

Purchase Details

Closed on
Oct 26, 1998
Sold by
Jtl Properties Llc
Bought by
Lippert James E and Lippert Teresa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Squish Llc -- None Available
Stergion Nicholas J -- Continental Title Co
Villanueva Daniel A -- None Available
Copping Edward G -- --
Higdon Kevin M -- Coffelt Land Title Inc
Lippert James E -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stergion Nicholas J $370,000
Previous Owner Villanueva Daniel A $334,366
Previous Owner Copping Edward G $248,000
Previous Owner Lippert James E $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold -- -- --
05/02/2021 05/02/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $480,000 0.0% $94 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $480,000 +33.3% $94 / Sq Ft
03/28/2016 03/28/16 Sold -- -- -- View Prior Sale
01/24/2016 01/24/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $360,000 -- $70 / 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 $6,954 $110,745 $9,515 $101,230
2024 $6,903 $96,302 $9,006 $87,296
2023 $6,903 $96,301 $14,191 $82,110
2022 $6,795 $84,170 $7,828 $76,342
2021 $6,935 $84,170 $7,828 $76,342
2020 $6,147 $73,877 $7,828 $66,049
2019 $5,979 $73,877 $7,828 $66,049
2018 $4,943 $56,672 $5,525 $51,147
2017 $4,943 $56,672 $5,525 $51,147
2016 $4,868 $55,252 $4,066 $51,186
Source: Public Records

Agents Affiliated with this Home

  • Nic Trotter

    Seller's Agent in 2021

    Nic Trotter

    1st Class Real Estate Summit

    (816) 721-0306

    29 in this area

    100 Total Sales

    Nic Trotter
    Section Image
  • Michelle Lutz

    Buyer's Agent in 2021

    Michelle Lutz

    Lutz Sales + Investments

    (913) 308-0303

    7 in this area

    212 Total Sales

    Michelle Lutz
    Section Image
  • Dave Duncan

    Seller's Agent in 2016

    Dave Duncan

    Realty Executives

    (816) 878-2774

    5 in this area

    46 Total Sales

    Dave Duncan
    Section Image

  • B

    Buyer's Agent in 2016

    Becky Froese

    Keller Williams Platinum Prtnr

See All Agents

Map

Source: Heartland MLS

MLS Number: 2311774

Heartland MLS

APN: 61-110-14-04-00-0-00-000

Missouri Jackson County Lee's Summit 64086

301 NE Timbercreek Dr, 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 Based on information submitted to the MLS Grid. 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.

Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393
Based on information submitted to the MLS GRID.

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