NOT LISTED FOR SALE

403 S Spring St Independence, MO 64050

Heart of Independence Neighborhood

Estimated Value: $78,071 - $168,000

1 Bed
1 Bath
693 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 07, 2023

Current estimated payment $739/month

13 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Eat-In Kitchen
  • No HOA
  • Porch
  • Living Room

About This Home

As of July 2023

Attention investors! This one bedroom ranch style home in poor condition is a diamond in the rough. Located just minutes from downtown Independence, MO, this property offers great potential for rental income. With some rehab, this property can be transformed into a cozy living space. The home is situated on a large lot with plenty of room for outdoor activities. The interior features a living room, kitchen, one bedroom, and one bathroom. Investors will appreciate the potential return on investment this property offers. With a little bit of investment, this property can be transformed into a great rental home that will attract tenants looking for an affordable place to live close to downtown Independence.
Don't miss out on this great opportunity to invest in a property with great potential. Schedule a showing today and see the possibilities for yourself!

Last Agent to Sell the Property

Monica Ritter

RE/MAX Central License #2001029099 Listed on: 04/06/2023

RE/MAX Central

Last Buyer's Agent

Cheryl Beal

ReeceNichols - Lees Summit License #2011009373

ReeceNichols - Lees Summit

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $505

Year Built

  • Built in 1915

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 40x130
  • West Facing Home
  • Paved or Partially Paved Lot

Parking

  • Inside Entrance

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 693 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Eat-In Kitchen
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Lowe's Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-230-32-10-00-0-00-000
  • $0 special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$505

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 693
  • Direction Faces: West
  • Internet Address Display: Yes
  • Internet Consumer Comment: Yes
  • List Agent Full Name: Monica Ritter
  • Listing Service: Full Service
  • List Office Mls Id: HMSRMX_34
  • List Office Name: RE/MAX Central
  • List Office Phone: 660-584-5557
  • Living Area: 693
  • Mls Status: Sold
  • Ownership: Other
  • Age Description: 101 Years/More
  • Floor Plan Features: Ranch
  • Tax Special Amount: 0
  • Dining Area Features: Eat-In Kitchen,Formal
  • Special Documents Required YN: 1
  • Major Repair Costs: 0.00
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Inside Entrance, Unfinished
  • Basement: Yes
  • Fireplace: No
  • Laundry Features: Off The Kitchen

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Other, Vinyl Siding
  • Patio And Porch Features: Porch
  • Road Surface Type: Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Other

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Sewer: City/Public
  • Cooling: No
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Stewart

Schools

  • Junior High Dist: Independence

Lot Info

  • Lot Features: City Lot
  • Lot Dimensions: 40X130
  • Lot Size Sq Ft: 5200
  • Parcel Number: 26-230-32-10-00-0-00-000
  • Property Attached: No
  • Subdivision Name: Lowe's Sub
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Tax Info

  • Tax Annual Amount: 505
  • Tax Abatement YN: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Lakeview Loan Servicing Llc
Bought by
Secretary Of Veterans Affairs
Current Estimated Value
$126,018

Purchase Details

Listed on
Oct 12, 2018
Closed on
Feb 6, 2019
Sold by
Fisher Hill Farm Llc
Bought by
Eddy Kenneth G
Seller's Agent
Linda Holm
ERA McClain Brothers
Buyer's Agent
Sandy Green
ReeceNichols Shewmaker
List Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%
Original Mortgage
$47,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
May 27, 2005
Sold by
Mcdowell Marie B
Bought by
Carter Orville E
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
Secretary Of Veterans Affairs -- None Listed On Document
Eddy Kenneth G -- None Available
Fisher Hill Farm Llc -- None Available
Carter Orville E -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eddy Kenneth G $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2023 07/07/23 Sold -- -- --
04/17/2023 04/17/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $28,000 -41.1% $40 / Sq Ft
02/06/2019 02/06/19 Sold -- -- -- View Prior Sale
11/08/2018 11/08/18 Price Changed $47,500 -4.8% $69 / Sq Ft
10/12/2018 10/12/18 For Sale $49,900 +66.9% $72 / Sq Ft
01/03/2013 01/03/13 Sold -- -- -- View Prior Sale
12/18/2012 12/18/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $29,900 -- $43 / Sq Ft
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 $948 $9,046 $3,481 $5,565
2024 $948 $13,690 $2,616 $11,074
2023 $927 $13,690 $2,398 $11,292
2022 $505 $6,840 $1,025 $5,815
2021 $505 $6,840 $1,025 $5,815
2020 $500 $6,573 $1,025 $5,548
2019 $491 $6,573 $1,025 $5,548
2018 $448 $5,720 $892 $4,828
2017 $448 $5,720 $892 $4,828
2016 $441 $5,578 $1,566 $4,012
2014 $419 $5,415 $1,520 $3,895
Source: Public Records

Agents Affiliated with this Home

  • Monica Ritter

    Seller's Agent in 2023

    Monica Ritter

    RE/MAX Central

    (660) 238-7629

    1 in this area

    239 Total Sales

    Monica Ritter
    Section Image
  • Cheryl Beal

    Buyer's Agent in 2023

    Cheryl Beal

    ReeceNichols - Lees Summit

    (816) 560-4520

    1 in this area

    33 Total Sales

    Cheryl Beal
    Section Image
  • Linda Holm

    Seller's Agent in 2019

    Linda Holm

    ERA McClain Brothers

    (816) 419-8080

    63 Total Sales

    Linda Holm
    Section Image
  • Sandy Green

    Buyer's Agent in 2019

    Sandy Green

    ReeceNichols Shewmaker

    (913) 636-4365

    2 in this area

    113 Total Sales

    Sandy Green
    Section Image

  • B

    Seller's Agent in 2013

    Bill Vinyard

    RE/MAX Premier Properties

    Section Image

  • N

    Buyer's Agent in 2013

    Non MLS

    Non-MLS Office

    (913) 661-1600

    2 in this area

    7,908 Total Sales

    Non MLS
    Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 2428736

Heartland MLS

APN: 26-230-32-10-00-0-00-000

Missouri Jackson County Independence 64050 Heart of Independence

403 S Spring St, Independence, MO

Not Listed for Sale

Detached

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Heartland MLS Based on information submitted to the MLS GRID as of [see last changed date above]. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393

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