
Seller's Agent in 2024
Brice Bradshaw
Compass Realty Group
(913) 375-3850
2 in this area
28 Total Sales
3560 S. Lynn Street is a 4-unit, brick exterior building located at the end of a quiet cul-de-sac in Independence, Missouri. Built in 1969, the property dwells in a neighborhood of rental properties and provides tenants 6 off-street parking spaces at the rear of the building. The Lynn property stands 2-stories on a slab with a pitched composition shingle roof on over a quarter acre lot. The building is separately metered for gas, electric and water (tenants responsible for all utilities + trash) and the building has completed significant renovations over the last two years. These capital improvements are highlighted by the new roof, new deck/stairs, new HVAC, new furnace and unit make-readies/renovations (3 of 4 units). All units at the property are two-bedroom, one-bathroom units with an approximate unit size of 750 square-feet (+/-). All units have front/rear access and are identical footprints.
All units feature washer/dryer hookups, vinyl flooring, carpeted bedroom, ceiling fans, good closet space and individual mechanical rooms. Three of the four units have windows units for cooling while the other has central air. 3560 Lynn has excellent commuter accessibility to highways/interstates and nearby shops/restaurants (Noland). The building has a history of high occupancy (100% currently) with efficient 3rd party management in place. The asset presents an appeal to both the stabilized and value-add investor. Buyer could continue to manage property as-is with small incremental improvements or look to enhance finishes, install central air in the remaining 3 units, and provide laundry equipment in units to increase rents. The property does lie within a designated Opportunity Zone and the neighborhood (Harvest Village) has an active right of first refusal in place.
Last Agent to Sell the Property
Compass Realty Group Brokerage Phone: 913-219-7074 License #SP00219113 Listed on: 10/03/2024
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | Security 1St Title | |
Warranty Deed | -- | Security Title | |
Quit Claim Deed | -- | Security 1St Title | |
Special Warranty Deed | -- | -- | |
Special Warranty Deed | -- | None Listed On Document | |
Warranty Deed | -- | Assured Quality Title Compan |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $98,100 | Purchase Money Mortgage | |
Closed | $5,450 | No Value Available |
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
11/26/2024 11/26/24 | Sold | -- | -- | -- |
10/12/2024 10/12/24 | Pending | -- | -- | -- |
10/03/2024 10/03/24 | For Sale | $399,000 | -- | -- |
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 | $3,225 | $44,225 | $4,528 | $39,697 |
2024 | $3,152 | $46,550 | $6,059 | $40,491 |
2023 | $3,152 | $46,550 | $6,059 | $40,491 |
2022 | $2,470 | $33,440 | $2,852 | $30,588 |
2021 | $2,469 | $33,440 | $2,852 | $30,588 |
2020 | $2,223 | $29,252 | $2,852 | $26,400 |
2019 | $2,187 | $29,252 | $2,852 | $26,400 |
2018 | $1,994 | $25,458 | $2,482 | $22,976 |
2017 | $1,994 | $25,458 | $2,482 | $22,976 |
2016 | $1,963 | $24,820 | $3,040 | $21,780 |
2014 | $1,921 | $24,820 | $3,040 | $21,780 |
Seller's Agent in 2024
Brice Bradshaw
Compass Realty Group
(913) 375-3850
2 in this area
28 Total Sales
Seller Co-Listing Agent in 2024
Parker Beck
Compass Realty Group
(913) 375-3850
2 in this area
28 Total Sales
Buyer's Agent in 2024
Greg Brickhouse
Brickhouse Real Estate Service
(816) 210-4218
1 in this area
64 Total Sales
Source: Heartland MLS
MLS Number: 2513467
APN: 33-220-03-23-00-0-00-000