314 SW Walnut St Lees Summit, MO 64063
Estimated payment $2,551/month
Highlights
- 41,818 Sq Ft lot
- Ranch Style House
- No HOA
- Pleasant Lea Middle School Rated A-
- Wood Flooring
- Home Office
About This Home
Charming 2-Bedroom Ranch Home in the Heart of Downtown Lee's Summit
Address: 314 SW Walnut St, Lee's Summit, MO 64063
This super rare opportunity brings you a delightful 2-bedroom ranch home nestled on an expansive, just under 1-acre lot in the vibrant core of downtown Lee's Summit. Enjoy private access and seamless wood flooring throughout, paired with a spacious living room that flows effortlessly. The unfinished basement is ready to be finished with abundant storage and potential for customization. It's the ideal canvas for creating your dream space.
Prime Location & Convenience Just minutes from the new Lee's Summit Indoor City Market, perfect for fresh finds and community vibes.
Close proximity to the Medical Center, US-50 access, and I-470 Highway for easy commutes.
Strike the perfect balance of privacy and convenience—your secluded retreat with urban energy at your doorstep. Endless Potential to Grow
With its generous lot size and a basement primed for finishing, this property offers boundless possibilities for expansion—whether you're envisioning a family room, home office, or guest suite. The oversized lot provides room to dream big while keeping everyday life serene and straightforward.
Exterior Highlights Durable James Hardie siding for lasting beauty and low maintenance.
Two-car garage with a freshly poured concrete driveway.
A park-like backyard setting, Wonderful for the kids playing in their own safe, natural playground. Walkable Downtown Lifestyle
Step out and embrace the neighborhood charm: The newly installed sidewalks along 3rd Street lead you straight to the heart of downtown Lee's Summit. Stroll to annual events like the beloved Oktoberfest, grab a coffee, or enjoy a family walk. So much to offer, and even more to love in this thriving Missouri community!
This home isn't just a property—it's a lifestyle upgrade in one of the Midwest's most desirable spots.
Listing Agent
Platinum Realty LLC Brokerage Phone: 816-985-8650 License #1999144305 Listed on: 10/19/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,636
Year Built
- Built in 1958
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Traditional Architecture
- Composition Roof
Interior Spaces
- 1,536 Sq Ft Home
- Ceiling Fan
- Family Room with Fireplace
- Living Room
- Combination Kitchen and Dining Room
- Home Office
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Home Security
- Home Security System
- Storm Doors
Additional Features
- Porch
- 0.96 Acre Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Bayles Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 61-420-01-29-00-0-00-000
- $0 special tax assessment
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,636 | $42,716 | $9,274 | $33,442 |
| 2024 | $3,609 | $50,350 | $12,312 | $38,038 |
| 2023 | $3,609 | $50,350 | $12,312 | $38,038 |
| 2022 | $2,607 | $32,300 | $11,847 | $20,453 |
| 2021 | $2,661 | $32,300 | $11,847 | $20,453 |
| 2020 | $2,552 | $30,673 | $11,847 | $18,826 |
| 2019 | $2,482 | $30,673 | $11,847 | $18,826 |
| 2018 | $2,472 | $28,350 | $6,161 | $22,189 |
| 2017 | $2,472 | $28,350 | $6,161 | $22,189 |
| 2016 | $2,262 | $25,669 | $5,776 | $19,893 |
| 2014 | $2,192 | $24,391 | $5,409 | $18,982 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2025 11/01/25 | For Sale | $427,000 | -- | $278 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $183,369 | First American Title Co | |
| Warranty Deed | -- | Metro | |
| Warranty Deed | -- | Metro One |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $89,544 | New Conventional | |
| Previous Owner | $172,700 | FHA | |
| Previous Owner | $90,000 | Purchase Money Mortgage |
Source: Heartland MLS
MLS Number: 2582676
APN: 61-420-01-29-00-0-00-000
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