NOT LISTED FOR SALE

Estimated Value: $353,000 - $418,227

6 Beds
4 Baths
4,520 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 07, 2023

Current estimated payment $2,274/month

70 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 3-minute walk to Harmony Park
  • Brick Veneer

About This Home

As of December 2023

Exceptional investment opportunity with this fully renovated Fourplex just 2.5 miles away from Downtown Kansas City. This fourplex includes Two 2 Bed/1 Bath units and two 1 Bed/1 Bath units which all include hardwood floors, quartz countertops, stainless steel appliances, private balconies/decks, in-unit washer/dryer, off-street parking. This also comes with two vacant lots adjacent to the property. This property has been fully rehabbed down to the studs in the last 2 years and has all new windows, roof, HVAC, water heaters, drywall, etc. Every piece of major expense has been taken care of making this property a breeze to own and maintain for a long time.
Tenants revel in the convenience of a central location, providing easy access to all the amenities that Kansas City has to offer. This is your chance to own a turnkey asset in a prime location. 100% occupied, showings limited to prescheduled tours. Due to full occupancy on leases, this does not qualify for owner occupant FHA loan.

Last Agent to Sell the Property

Michelle Lutz

Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 08/17/2023

Last Buyer's Agent

Stephanie Smith

KW Diamond Partners License #00246468

KW Diamond Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1900

Lot Details

  • 6,424 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 4,520 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 28-320-26-24-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,235

Year Built

Built in 1900

Lot Details

6,424 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1900
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Michelle Lutz
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Sold
  • Operating Expense: 1235
  • Age Description: 101 Years/More
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: Yes
  • Attribution Contact: 913-426-5576
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Veneer, Concrete

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: 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 Mo

Lot Info

  • Zoning: R-2.5
  • Building Area Total: 4520
  • Lot Size Sq Ft: 6424
  • Parcel Number: 28-320-26-24-00-0-00-000
  • Subdivision Name: Other
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 40800
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 1235
  • Tax Abatement YN: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Dec 5, 2023
Sold by
Hometown Property Partners Llc
Bought by
E 11Th St Llc
Seller's Agent
Michelle Lutz
Lutz Sales + Investments
Buyer's Agent
Stephanie Smith
KW Diamond Partners
List Price
$411,000
Views
212
Current Estimated Value
$392,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.08%
Original Mortgage
$275,100
Outstanding Balance
$270,782
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$121,525

Purchase Details

Closed on
Aug 18, 2020
Sold by
Maher William G and Maher Felicia
Bought by
Hometown Property Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 14, 2019
Sold by
Faith Emilie Investments Llc
Bought by
Maher William G and Maher Felicia

Purchase Details

Closed on
Jul 14, 2017
Sold by
American Real Estate Investments Llc
Bought by
Faith Emilie Investments Llc

Purchase Details

Closed on
Mar 22, 2002
Sold by
Fothergill George C and Fothergill Deborah J
Bought by
George T Ward Builders Inc

Purchase Details

Closed on
Sep 26, 2001
Sold by
Ward George T
Bought by
Fothergill George C and Fothergill Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
E 11Th St Llc -- None Listed On Document
Hometown Property Partners Llc -- None Available
Maher William G -- None Available
Faith Emilie Investments Llc -- None Available
George T Ward Builders Inc -- Ati Title Company
Ward George T -- Ati Title Company
Fothergill George C -- Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open E 11Th St Llc $275,100
Previous Owner Hometown Property Partners Llc $272,800
Previous Owner Fothergill George C $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold -- -- --
10/20/2023 10/20/23 Price Changed $410,000 -0.2% $91 / Sq Ft
08/17/2023 08/17/23 For Sale $411,000 -- $91 / Sq Ft
Source: Heartland MLS

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 $3,040 $19,849 $1,626 $18,223
2024 $3,011 $38,513 $1,176 $37,337
2023 $3,011 $38,513 $3,960 $34,553
2022 $1,235 $15,010 $1,786 $13,224
2021 $1,230 $15,010 $1,786 $13,224
2020 $1,086 $13,082 $1,786 $11,296
2019 $1,063 $13,082 $1,786 $11,296
2018 $987 $12,397 $1,209 $11,188
2016 $967 $12,087 $614 $11,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2449058

Heartland MLS

APN: 28-320-26-24-00-0-00-000

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