NOT LISTED FOR SALE

Estimated Value: $496,000 - $532,000

8 Beds
8 Baths
-- Sq Ft
0.31 Acres

Last Sold March 26, 2024

Current estimated payment $3,123/month

Highlights

  • No HOA
  • Central Air
  • Garage

About This Home

As of March 2024

Great investor opportunity with multiple 4-plexes ... eight units for sale. Building three is not for sale and buyer will have their choice of eight from the remaining nine. These units have been well maintained by the original owner ... builder/developer. Extra attention to the construction ... floors screwed down, double 2x4 construction with sound board and insulation between units, etc.. Roofs less than 2 yrs old ... all have gutter guards. Six of the units have basements. Buildings 1, 2 & 10 are on slabs. Occupancy is currently at 100%. The initial lease is 12 months and after 12 months, tenants are month to month. Open to selling as a package. MLS #'s ... 247069, 2470690, 2470692, 2470694, 2470697, 2470869, 2470872, 2470877.

Last Agent to Sell the Property

Mike Smith

RE/MAX Heritage Brokerage Phone: 816-457-7730 License #2016037946 Listed on: 02/08/2024

RE/MAX Heritage

Last Buyer's Agent

Non MLS

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 2000

Lot Details

  • 0.31

Parking

  • Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher
  • Disposal

Additional Features

  • 2-Story Property
  • 0.31 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 25-910-10-13-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,048

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 2000
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Mike Smith
  • Listing Service: Full Service
  • List Office Mls Id: HMSRMX_16
  • List Office Name: RE/MAX Heritage
  • List Office Phone: 816-224-8484
  • Mls Status: Sold
  • Operating Expense: 6190
  • Age Description: 21-30 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 4048
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 1
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: Optional
  • Attribution Contact: 816-457-7730
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Free-Standing Electric Oven
  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: City/Public - Verify

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Fee Information

  • Deposit: First American

Schools

  • Junior High Dist: Independence

Lot Info

  • Zoning: Res
  • Lot Size Area: 13652
  • Lot Size Sq Ft: 13652
  • Parcel Number: 25-910-10-13-00-0-00-000
  • Subdivision Name: Other
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

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

Multi Family

  • Gross Income: 34200
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4048
  • Tax Abatement YN: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 25, 2024
Sold by
Timber Brooke Development Llc
Bought by
Quad Holdings Llc
Seller's Agent
Mike Smith
RE/MAX Heritage
Buyer's Agent
Non MLS
Non-MLS Office
List Price
$550,000
Views
13
Current Estimated Value
$511,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$3,200,000
Outstanding Balance
$3,165,172
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$2,646,332
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
Quad Holdings Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quad Holdings Llc $3,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold -- -- --
02/10/2024 02/10/24 For Sale $550,000 -- --
02/09/2024 02/09/24 Pending -- -- --
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 $4,048 $59,793 $4,330 $55,463
2023 $4,048 $59,793 $4,330 $55,463
2022 $4,140 $56,050 $3,107 $52,943
2021 $4,138 $56,050 $3,107 $52,943
2020 $4,057 $53,391 $3,107 $50,284
2019 $3,992 $53,391 $3,107 $50,284
2018 $4,121 $52,618 $5,130 $47,488
2017 $4,058 $52,618 $5,130 $47,488
2016 $4,058 $51,300 $4,370 $46,930
2014 $3,970 $51,300 $4,370 $46,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2470689

Heartland MLS

APN: 25-910-10-13-00-0-00-000