NOT LISTED FOR SALE

305 N Rice St Raymore, MO 64083

Estimated Value: $244,000 - $313,000

3 Beds
2 Baths
2,640 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 05, 2021

Current estimated payment $1,529/month

7 Days on Market

Highlights

  • No HOA
  • 4 Car Attached Garage
  • 1-Story Property
  • Raymore Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Fabulous Raymore Investment Opportunity! Tons of potential here. This one owner duplex needs exterior and interior renovation with total gross rent potential of $2K/month! Right side features 2 bedroom 3 bath and finished basement w/ bath, office and family room. Left unit needs updating, but overall nice unit with 2 beds and 2 bath with unfinished basement.. Newer roof, HVAC etc. ARV likely $220K or more. Tenant occupied month to month tenancy. Left tenant would lease at market rate (currently paying $600/mo) Right tenant to vacate in the next 45-60 days (family friend/currently paying $400/mo). SEE PRIVATE AGENT REMARKS. IMPORTANT!

Last Agent to Sell the Property

Lonnie Branson

Keller Williams Southland License #1999118480 Listed on: 06/29/2021

Keller Williams Southland

Last Buyer's Agent

Spencer Davis

Sellstate Heartland Realty License #2018017045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,460

Year Built

  • Built in 1985

Lot Details

  • 0.37

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • 1-Story Property
  • Laundry in unit
  • Basement

Additional Features

  • 0.37 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2280813

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,460

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 31-40 Years
  • Legal Description: Raymore Commercial Center Resurvey S53.01' and S53.17' feet of Tract C Blk 12
  • Package: Yes
  • Year Built: 1985
  • 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: Lonnie Branson
  • List Office Mls Id: KW08
  • List Office Name: Keller Williams Southland
  • List Office Phone: 816-331-2323
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 4960
  • Special Documents Required: No
  • Tax Total Amount: 3460
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Lot Info

  • In Floodplain: No
  • Zoning: R2
  • Building Area Total: 2640.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 15900.00
  • Parcel Number: 2280813

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 24000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3460.00

MLS Schools

  • School District: Raymore-Peculiar

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold -- -- --
07/06/2021 07/06/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $150,000 -- $57 / 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 $1,969 $27,520 $3,050 $24,470
2024 $1,969 $24,190 $2,770 $21,420
2023 $1,966 $24,190 $2,770 $21,420
2022 $1,760 $21,510 $2,770 $18,740
2021 $1,760 $21,510 $2,770 $18,740
2020 $1,724 $20,700 $2,770 $17,930
2019 $1,665 $20,700 $2,770 $17,930
2018 $1,545 $18,550 $2,370 $16,180
2017 $1,308 $18,550 $2,370 $16,180
2016 $1,308 $16,310 $2,370 $13,940
2015 $1,309 $16,310 $2,370 $13,940
2014 $1,310 $16,310 $2,370 $13,940
2013 -- $16,310 $2,370 $13,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2331052

Heartland MLS

APN: 2280813