NOT LISTED FOR SALE

Estimated Value: $527,000 - $613,000

10 Beds
8 Baths
4,338 Sq Ft
$132/Sq Ft Est. Value

Last Sold November 13, 2023

Current estimated payment $3,941/month

3 Days on Market

Highlights

  • 436,427,640 Sq Ft lot
  • Board and Batten Siding
  • Garage
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

Nestled just below KU Medical and the 39th Street corridor, this remarkable 1979-built quadplex offers both investors and owner-occupants an incredible opportunity to own Kansas City real estate. The quad is comprised of four spacious townhome units, each with a private garage and dedicated laundry area. Enjoy low owner expenses with ALL utilities submetered including water and trash.

The units are two large 3 bed 2 bath units and two large 2 bed 1.5 bath units. Each unit has undergone a comprehensive renovation, showcasing top-tier features such as granite countertops, sleek stainless-steel appliances, new LVP flooring, and beautifully updated bathrooms.

Convenience meets luxury with in-unit washer/dryer facilities and occupants will delight in the outdoor space with large private balconies looking out upon a tranquil wooded area. This property offers an exceptional chance to own a piece of Kansas City's thriving real estate market, with a central location within easy reach of the city's vibrant attractions. Seize the opportunity to make this quadplex yours today!

Last Agent to Sell the Property

Lee Ripma

Lutz Sales + Investments Brokerage Phone: 816-866-8322 License #2021021630 Listed on: 09/23/2023

Last Buyer's Agent

Brian Dinkel

Platinum Realty LLC License #SP00235972

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,476

Year Built

  • Built in 1979

Lot Details

  • 10,019 Acre Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 4,338 Sq Ft Home
  • 2-Story Property
  • Basement

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 220103
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • University/Rosed Subdivision

Building Details

  • Gross Income $81,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,476

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1979
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Lee Ripma
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Sold
  • Operating Expense: 7476
  • Age Description: 41-50 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 7476
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 816-866-8322
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten
  • Inside City Limits: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage, Off Street

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Accurate Title

Schools

  • Junior High Dist: Kansas City Ks

Lot Info

  • Zoning: R
  • Building Area Total: 4338
  • Lot Size Area: 10019
  • Lot Size Sq Ft: 436427640
  • Parcel Number: 220103
  • Subdivision Name: University/Rosed
  • ResoLotSizeUnits: Acres
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: None

Multi Family

  • Gross Income: 81360
  • Current Occupancy Rate: Vacant
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 7476
  • Tax Abatement YN: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 1, 2021
Sold by
Cheung Tin Tack Peter and Cheung Shiufei
Bought by
Horen David
Seller's Agent
Ron Scherzer
Coldwell Banker Regan Realtors
Buyer's Agent
Michelle Lutz
Lutz Sales + Investments
List Price
$325,000
Current Estimated Value
$572,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
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
Horen David -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horen David $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold -- -- --
09/23/2023 09/23/23 For Sale $649,000 +99.7% $150 / Sq Ft
02/10/2021 02/10/21 Sold -- -- --
01/12/2021 01/12/21 For Sale $325,000 -- $79 / 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 $10,848 $70,955 $6,297 $64,658
2023 $8,146 $50,129 $5,886 $44,243
2022 $7,476 $45,724 $5,227 $40,497
2021 $7,002 $42,067 $4,690 $37,377
2020 $5,942 $35,742 $4,170 $31,572
2019 $3,836 $23,179 $4,110 $19,069
2018 $3,634 $22,076 $2,152 $19,924
2017 $3,424 $20,631 $2,881 $17,750
2016 $3,458 $20,631 $2,881 $17,750
2015 $3,499 $20,631 $2,881 $17,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2455199

Heartland MLS

APN: 220103