NOT LISTED FOR SALE

3229 Cassidy Rd Jefferson City, MO 65101

Estimated Value: $214,297 - $408,000

8 Beds
4 Baths
1,600 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 13, 2023

Current estimated payment $1,673/month

20 Days on Market

Highlights

  • Central Air
  • Wood Siding
  • Heating Available
  • Coin Laundry

About This Home

As of July 2023

Investment opportunity!!! Start your investment profile today or add to it. This apartment building is for sale and offers four, 2 bedroom, 1 bath units with great rental history. Each unit has a pantry and linen closet. Located just outside of town but easy access to the highway. Some of the units have updated furnaces. The roof is newer. Building shares a common laundry room facility with a coin slot. Great floorplan with room for the landlord to have their own storage/tool closet on premises. This building is bringing in $18,600 annually. There is potential for more income by adjusting rents to match todays current market rate. Landlord pays water, sewer, trash, taxes and insurance, and lawncare. Tenants pay their own electric. This property is being sold AS-IS.

Last Agent to Sell the Property

Kylie Boeckman

RE/MAX Jefferson City License #2006003919 Listed on: 06/22/2023

RE/MAX Jefferson City

Last Buyer's Agent

Mary Blunt

Epic Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,093

Year Built

  • 1978

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 118.22 x 229 x 223

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Parking

  • No Garage
  • Open Parking

Location

  • Outside City Limits

Schools

  • Eugene Elementary And Middle School
  • Eugene High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Southwind Acres Lot A Subdivision
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,093

Year Built

1978

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1600.00
  • Estimated Year Built: 1978
  • Basement Access: Walk Out
  • Directions: Highway 54 west towards Lake Ozark, 7 miles to left on Cassidy Rd, 4-plex on the right. No yard sign
  • High School Public: Eugene
  • Leaseholds: Yes
  • Listing Member Name: Kylie Boeckman
  • Listing Office Short Id: 119
  • Open House Office I D: 20170112201600218428000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: jca.ablunt
  • Selling Office Short Id: 328
  • Utilities Gas Company: None
  • Utilities Sewer System: Public Sewer
  • Water Company: Cole Co District 2
  • Water Source: Public
  • Estimated Total Finished Sq Ft: 3200.00
  • Number of Dishwashers: 2
  • Number of Refrigerators: 4
  • Number of Stoves: 4
  • Number Of Stories: 2
  • P And L Available: No
  • Rental Income Period: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Deck: yes - 4 decks
  • Fireplace: No
  • Fireplace Features: None
  • In City Limits: No
  • Amenities: Pantry
  • Laundry: Coin Operated, Common Laundry Facilities
  • Number Of Buildings: 1

Exterior Features

  • Exterior: Brick, Vinyl, Wood

Garage/Parking

  • Garage Spaces: None
  • Parking: No Garage, Open Lot

Utilities

  • Cooling: Central
  • Heating: FAE

Condo/Co-op/Association

  • Type of Unit: 4 Family

Fee Information

  • Taxes: 1092.89

Schools

  • Elementary School: Eugene
  • Middle School: Eugene
  • High School: Eugene
  • Middle School: Eugene

Lot Info

  • Estimated Acres: 0.30
  • Estimated Lot Size: 118.22 x 229 x 223

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Year: 2022

Multi Family

  • Landlord Expenses: Grounds Care, Insurance, Sewer, Taxes, Trash Collection, Water
  • Number Rental Units: 4
  • Rental Income: 18,600

MLS Schools

  • Elementary School: Eugene

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 13, 2023
Sold by
Kutch Frank J and Lynn Ann
Bought by
A & M Capital Llc
Seller's Agent
Kylie Boeckman
RE/MAX Jefferson City
Buyer's Agent
Mary Blunt
Epic Real Estate Group
List Price
$175,000
Sold Price
$189,000
Premium/Discount to List
$14,000
8%
Total Days on Market
20
Views
299
Current Estimated Value
$280,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,574
Avg. Annual Appreciation
20.18%
Original Mortgage
$225,100
Outstanding Balance
$220,825
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$49,155
Source: Public Records

Range of Values:

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Average Value
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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
A & M Capital Llc -- Midwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & M Capital Llc $225,100
Previous Owner Kutch Frank J $92,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold -- -- --
06/22/2023 06/22/23 For Sale $175,000 -- $109 / Sq Ft
Source: Jefferson City Area Board of REALTORS®

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 $1,318 $23,680 $2,470 $21,210
2023 $1,157 $23,680 $2,470 $21,210
2022 $1,093 $22,480 $0 $22,480
2021 $1,092 $22,480 $0 $22,480
2020 $1,094 $22,477 $2,470 $20,007
2019 $1,098 $22,477 $2,470 $20,007
2018 $848 $22,325 $2,470 $19,855
2017 $850 $18,525 $2,470 $16,055
2016 -- $18,525 $2,470 $16,055
2015 $1,202 $0 $0 $0
2014 $1,202 $18,525 $2,470 $16,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Jefferson City Area Board of REALTORS®

MLS Number: 10065650

Jefferson City Area Board of REALTORS®

APN: 15-0.3-08-000-000-007-0