NOT LISTED FOR SALE

305 NW Gibson Rd Lees Summit, MO 64063

Estimated Value: $312,000 - $380,905

4 Beds
2 Baths
3,096 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 11, 2021

Current estimated payment $2,182/month

3 Days on Market

Highlights

  • Attached Garage
  • Central Heating and Cooling System
  • Wood Siding
  • Pleasant Lea Middle School Rated A-

About This Home

As of February 2021

NO SELLER DISCLOSURE ... no financials BEING SOLD "AS IS' WHERE IS. Both sides of duplex as one property. Both sides currently rented.

Last Agent to Sell the Property

Vicki Shepherd

Realty Executives License #1999031895 Listed on: 02/01/2021

Realty Executives

Last Buyer's Agent

Chris Goodale

Midwest Property Resources LLC License #2004023686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,682

Year Built

  • Built in 1986

Lot Details

  • 9,957

Parking

  • Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Schools

  • Westview Elementary School
  • Lee's Summit High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Additional Features

  • 2-Story Property
  • 9,957 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 61-340-31-13-00-0-00-000
  • Property eligible for a tax abatement

Community Details

Overview

  • 2 Units
  • Market Place Subdivision

Building Details

  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,682

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 31-40 Years
  • Legal Description: Lot 31 of Market Place 4th Plat
  • Package: No
  • Year Built: 1986
  • 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: Vicki Shepherd
  • List Office Mls Id: RLEX01
  • List Office Name: Realty Executives
  • List Office Phone: 913-642-4888
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 4440
  • Phone Other: 8162107355
  • Special Documents Required: No
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Rng/Oven- Electric
  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

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

Schools

  • School District: Lee's Summit
  • Elementary School: Westview
  • Middle School: Pleasant Lea
  • High School: Lee's Summit
  • Middle/Junior School: Pleasant Lea

Lot Info

  • In Floodplain: No
  • Zoning: res
  • Lot Size Area: 9957.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 9957.00
  • Parcel Number: 61-340-31-13-00-0-00-000
  • Subdivision Name: Market Place

Rental Info

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

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 21000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: Yes

MLS Schools

  • Elementary School: Westview
  • School District: Lee's Summit
  • High School: Lee's Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Summit View Farms Development Group Llc
Bought by
Wood Brothers Construction Inc
Current Estimated Value
$344,226

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 26, 2021
Sold by
Goodale Christopher P and Goodale Trisha M
Bought by
Summit View Investments Llc
Seller's Agent
Vicki Shepherd
Realty Executives
Buyer's Agent
Chris Goodale
Midwest Property Resources LLC
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$180,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 10, 2021
Sold by
Lanfranca Sharon L and The Lanfranca Trust
Bought by
Goodale Christopher P and Goodale Trisha M
Seller's Agent
Vicki Shepherd
Realty Executives
Buyer's Agent
Chris Goodale
Midwest Property Resources LLC
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 1998
Sold by
Gibbens Thomas E and Gibbens Donna L
Bought by
Lanfranca Pete M and Lanfranca Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
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
Wood Brothers Construction Inc -- None Listed On Document
Summit View Investments Llc -- None Available
Goodale Christopher P -- Continental Title Co
Lanfranca Pete M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Summit View Investments Llc $180,250
Previous Owner Lanfranca Pete M $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold -- -- --
02/04/2021 02/04/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $250,000 -- $81 / Sq Ft
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
2024 $3,682 $51,372 $5,183 $46,189
2023 $3,682 $51,372 $4,070 $47,302
2022 $3,712 $45,980 $6,527 $39,453
2021 $3,789 $45,980 $6,527 $39,453
2020 $3,356 $40,332 $6,527 $33,805
2019 $3,264 $40,332 $6,527 $33,805
2018 $2,701 $30,967 $3,623 $27,344
2017 $2,701 $30,967 $3,623 $27,344
2016 $2,660 $30,191 $3,648 $26,543
2014 $2,680 $29,811 $3,645 $26,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2303711

Heartland MLS

APN: 61-340-31-13-00-0-00-000