$320,000
SOLD SEP 29, 2022
Last list price

401 S State St Drexel, MO 64742

-- Bed
-- Bath
-- Sq Ft
0.47 Acres

Recently Sold

6 Days on Market

Highlights

  • No HOA
  • Utility Room
  • Paved or Partially Paved Lot
  • Central Air

About This Home

As of September 2023

FANTASTIC FOURPLEX!!! This FULLY RENTED investment property is nestled on a large treed lot close to downtown Drexel and has SO many updates/upgrades to offer! Newer items in the last 1.5 years include NEW ROOF, NEW GUTTERS, NEW WINDOWS, NEW SHERWIN WILLIAMS EMERALD LINE EXTERIOR PAINT, NEW COIN OPERATED WASHERS AND DRYERS W/BLUETOOTH PAYRANGE MOBILE APP., NEW TOILETS, COMPLETE RENOVATION OF UNIT B, NEW A/C AND STOVE IN UNIT D, NEW REFRIGERATOR IN UNIT C, and so much more!!!

Last Agent to Sell the Property

Wendie Keesling

Platinum Realty LLC License #SP00216547 Listed on: 08/14/2022

Platinum Realty LLC

Last Buyer's Agent

JoLynn Tarantino

ReeceNichols - Overland Park License #SP00230429

ReeceNichols - Overland Park

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1998

Lot Details

  • 0.47 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Electric Oven or Range

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 05-03.0-06-020-005-004.000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $38,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,905

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 21-30 Years
  • Legal Description: TRACT BEGINNING 560' SOUTH OF THE NW CORNER OF BATES COUNTY, SOUTH 150',EAST 170', NORTH 150', WEST 170'. METES & BOUNDS
  • Year Built: 1998
  • 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: Wendie Keesling
  • List Office Mls Id: RLEX01
  • List Office Name: Realty Executives
  • List Office Phone: 913-642-4888
  • Mls Status: Sold
  • Operating Expense: 7932
  • Tax Total Amount: 1905
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Rng/Oven- Electric
  • Basement: No
  • Laundry Features: Utility Room
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • 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/Amenities

  • Association: No

Schools

  • School District: Drexel

Lot Info

  • In Floodplain: No
  • Lot Size Area: 20400.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 20400.00
  • Parcel Number: 05-03.0-06-020-005-004.000

Rental Info

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

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 38700
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Exterminator, Maintenance, Real Estate Tax, Water

Tax Info

  • Tax Annual Amount: 1905.00

MLS Schools

  • School District: Drexel

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold -- -- -- View Prior Sale
07/12/2023 07/12/23 Pending -- -- --
06/12/2023 06/12/23 Price Changed $329,000 -6.0% --
06/02/2023 06/02/23 For Sale $349,950 +9.4% --
09/29/2022 09/29/22 Sold -- -- --
08/20/2022 08/20/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $320,000 +68.5% --
05/14/2021 05/14/21 Sold -- -- -- View Prior Sale
03/05/2021 03/05/21 Price Changed $189,900 -5.0% --
01/11/2021 01/11/21 For Sale $199,999 -- --
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2398383

Heartland MLS