NOT LISTED FOR SALE

3220 N 54th St Kansas City, KS 66104

Quindaro Neighborhood

Estimated Value: $181,000 - $216,019

4 Beds
2 Baths
1,502 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 30, 2022

Current estimated payment $1,306/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2022

This 2BR/2BR all brick duplex is in a single family residential zone and is super easy to keep rented. One tenant has been there for 5 years and is currently month-to-month. The other tenant's lease goes until summer 2023. Property was updated significantly by the seller after he acquired it 5 years ago.

Can qualify VA or FHA for owner occupant buyer. Seller prefers not to make repairs, but we don't expect problems. HVAC and water heater are appx 5 years old. Roof appears older but no leaks found.

Some investors claim that the 1% rule is a unicorn in today's market. At $18k gross income annually, this one is purty dern close! May be available as a package deal with 5115 Oakland Ave.

Please note that if the property stops being used as a rental or if it is demolished, Wyandotte county will require it to be converted or rebuilt as a single family residence.

Last Agent to Sell the Property

Kathy Batesel

Real Broker, LLC License #SP00230467 Listed on: 07/27/2022

Real Broker, LLC

Last Buyer's Agent

Kathy Batesel

Real Broker, LLC License #SP00230467 Listed on: 07/27/2022

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,039

Year Built

  • Built in 1951

Lot Details

  • 0.35

Home Design

  • Duplex
  • Composition Roof

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Additional Features

  • 1-Story Property
  • 0.35 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 026600

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Gleason Pl Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,039

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 76-100 Years
  • Legal Description: GLEASON PLACE, S26, T10, R24, ACRES 0.05, L1 LS S 145FT; ALSO BEG NW COR; N 65.49FT, N83E-198.08FT, S 65.49FT TO NE COR, SWLY TO POB
  • Package: Optional
  • Year Built: 1951
  • 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: Kathy Batesel
  • List Office Mls Id: RMX 22
  • List Office Name: RE/MAX Launch
  • List Office Phone: 913-933-0003
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 3500
  • Special Documents Required: No
  • Tax Total Amount: 1039
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: All Brick

Garage/Parking

  • Garage: No
  • Parking Features: Carport, Off Street

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Schools

  • School District: Kansas City Ks

Lot Info

  • In Floodplain: No
  • Zoning: Res
  • Lot Size Area: 15246.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 15246.00
  • Parcel Number: 026600
  • Subdivision Name: Gleason Pl

Rental Info

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

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 18000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1039.00

MLS Schools

  • School District: Kansas City Ks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 26, 2022
Sold by
Gary W Adams And Sharon E Adams Trust
Bought by
Loy Kenneth
Seller's Agent
Kathy Batesel
Real Broker, LLC
Buyer's Agent
Kathy Batesel
Real Broker, LLC
List Price
$175,000
Current Estimated Value
$195,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$126,375
Outstanding Balance
$121,353
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$77,226

Purchase Details

Closed on
Apr 22, 2019
Sold by
Gary Adams
Bought by
Adams Gary W and Adams Adam Sharon

Purchase Details

Closed on
Apr 18, 2019
Sold by
Adams Gary and Adams Sharon
Bought by
Gary W Adams And Sharon E Adams Trust

Purchase Details

Listed on
Nov 8, 2014
Closed on
Dec 1, 2016
Sold by
R 4 J Revocable Living Trust
Bought by
Adams Gary and Adams Sharon
Seller's Agent
Kathy Batesel
Real Broker, LLC
Buyer's Agent
Kathy Batesel
Real Broker, LLC
List Price
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.42%

Purchase Details

Closed on
Apr 4, 2014
Sold by
Key Rose
Bought by
Cooper Jeral G

Purchase Details

Closed on
Nov 1, 2013
Sold by
Cooper Jeral G
Bought by
R 4 J Revocable Living Trust
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
Loy Kenneth -- --
Adams Gary W -- None Listed On Document
Gary W Adams And Sharon E Adams Trust -- None Available
Adams Gary -- Secured Title Of Kansas City
Cooper Jeral G -- None Available
R 4 J Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loy Kenneth $126,375
Closed Loy Kenneth $126,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold -- -- --
07/31/2022 07/31/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $175,000 +196.6% $117 / Sq Ft
12/01/2016 12/01/16 Sold -- -- --
10/19/2016 10/19/16 Pending -- -- --
11/08/2014 11/08/14 For Sale $59,000 -- $39 / 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 $2,919 $19,906 $3,076 $16,830
2023 $3,090 $19,377 $2,625 $16,752
2022 $1,172 $7,636 $1,801 $5,835
2021 $1,039 $6,475 $1,539 $4,936
2020 $940 $5,886 $1,240 $4,646
2019 $921 $5,771 $1,109 $4,662
2018 $794 $5,038 $1,014 $4,024
2017 $882 $5,520 $1,014 $4,506
2016 $1,080 $6,629 $1,014 $5,615
2015 $1,093 $6,630 $1,017 $5,613
Source: Public Records

Agents Affiliated with this Home

  • Kathy Batesel

    Seller's Agent in 2022

    Kathy Batesel

    Real Broker, LLC

    (913) 626-9099

    1 in this area

    75 Total Sales

    Kathy Batesel
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Map

Source: Heartland MLS

MLS Number: 2395847

Heartland MLS

APN: 026600

Kansas Wyandotte County Kansas City 66104 Quindaro

3220 N 54th St, Kansas City, KS

This home is located at 3220 N 54th St, Kansas City, KS 66104 since 27 July 2022 and is currently estimated at $195,505, approximately $130 per square foot. This property was built in 1951. 3220 N 54th St is a home located in Wyandotte County with nearby schools including Welborn Elementary School, D D Eisenhower Middle, and Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Heartland MLS Based on information submitted to the MLS GRID as of [see last changed date above]. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393

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