NOT LISTED FOR SALE

400 E Walnut St Raymore, MO 64083

Estimated Value: $535,703 - $819,000

12 Beds
6 Baths
-- Sq Ft
0.41 Acres

Last Sold November 13, 2018

Current estimated payment $3,951/month

33 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Paved or Partially Paved Lot
  • Raymore Elementary School Rated A-
  • Private Entrance
  • Carpet

About This Home

As of November 2018

Turnkey 4plex, easy to keep occupied. 406 is vacant now but will be occupied 9/1. These units are easy to keep 100% full. Owner only pays for lawn mowing, taxes and insurance. This seller has another very similar unit, call for details.

Last Agent to Sell the Property

Darin Jones

Keller Williams Southland License #1999034466 Listed on: 08/18/2018

Keller Williams Southland

Last Buyer's Agent

Andrew Boling

Chartwell Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.41 Acre Lot
  • Private Entrance
  • Paved or Partially Paved Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Carpet

Schools

  • Raymore-Peculiar High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2240425

Community Details

Overview

  • 4 Units
  • Falcon Crest Subdivision

Building Details

  • Gross Income $40,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 21-30 Years
  • Legal Description: 15-46-32 FALCON CREST LOT 24 EX HWY 58 RELOC
  • Package: Optional
  • Year Built: 1988
  • Senior Community: No
  • 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: Darin Jones
  • List Office Mls Id: KW08
  • List Office Name: Keller Williams Southland
  • List Office Phone: 816-331-2323
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 6399
  • Phone Other: 8164196508
  • Special Documents Required: No
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Private Entry
  • Basement: No
  • Flooring: Carpeted Floors
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Patio And Porch Features: Patio
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Telecommunications: Cable - Available, High Speed Internet - Available, Metro Free
  • Utilities: Ind Heat And Air
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • Middle/Junior School: Raymore-Peculiar

Lot Info

  • In Floodplain: No
  • Zoning: R
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 17859.60
  • Parcel Number: 2240425
  • Subdivision Name: Falcon Crest

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 40020
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No

MLS Schools

  • School District: Raymore-Peculiar
  • High School: Raymore-Peculiar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2018
Closed on
Nov 8, 2018
Sold by
Cdk Properties Inc
Bought by
T & J Management Llc
Seller's Agent
Darin Jones
Keller Williams Southland
Buyer's Agent
Andrew Boling
Chartwell Realty LLC
List Price
$395,000
Current Estimated Value
$674,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Miller Robert C and Miller Janet S
Bought by
Watts Chris D and Watts Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,920
Interest Rate
6.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
T & J Management Llc -- Chicago Land Title
Cdk Properties Inc -- Coffelt Land Title Inc
Watts Chris D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watts Chris D $199,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2018 11/13/18 Sold -- -- --
08/18/2018 08/18/18 For Sale $395,000 -- --
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
2025 $4,990 $69,010 $5,520 $63,490
2024 $4,990 $61,320 $5,020 $56,300
2023 $4,984 $61,320 $5,020 $56,300
2022 $4,410 $53,900 $5,020 $48,880
2021 $4,410 $53,900 $5,020 $48,880
2020 $4,312 $51,760 $5,020 $46,740
2019 $4,162 $51,760 $5,020 $46,740
2018 $3,856 $46,310 $4,020 $42,290
2017 $3,575 $46,310 $4,020 $42,290
2016 $3,575 $44,560 $4,020 $40,540
2015 $3,577 $44,560 $4,020 $40,540
2014 $3,579 $44,560 $4,020 $40,540
2013 -- $44,560 $4,020 $40,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2125770

Heartland MLS

APN: 2240425