NOT LISTED FOR SALE

404 N Walnut St Maryville, MO 64468

Estimated Value: $188,000 - $432,000

-- Bed
-- Bath
6,101 Sq Ft
$57/Sq Ft Est. Value

Last Sold September 13, 2022

Current estimated payment $2,187/month

121 Days on Market

Highlights

  • Deck
  • No HOA
  • Central Air
  • Maryville High School Rated 10

About This Home

As of September 2022

This is an investors jackpot! This turnkey package deal consists of 404,408, 410, 412 N Walnut. This package is a newer duplex built in 2015 which is 4 Bedroom, 2 Bath per side, a 4 Bed, 2 Bath home & a 2 Bed, 1 Bath home all on one legal just steps from campus. A lg parking lot sits in center of all 3 units. Property has been occupied by the same sorority for years with 100% occupancy. There are 14 bdrms total with each tenant paying $500/month; Owner pays utilities but each property has separate meters for water, gas and electric so could change this in future. All leases signed through April 2023.
See attachments for expenses.

Last Agent to Sell the Property

Julie Tobin

Shirleys Realty License #1999109117 Listed on: 04/19/2022

Last Buyer's Agent

Larry Allen

Berkshire Hathaway HomeService License #2015028721

Berkshire Hathaway HomeService

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 2015

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132 x 132

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 6,101 Sq Ft Home
  • 2-Story Property
  • Washer
  • Basement

Kitchen

  • Dishwasher
  • Disposal

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 22-04-18-04-27-10000

Community Details

Overview

  • No Home Owners Association
  • 24 Units

Building Details

  • Gross Income $84,000

Property Details

Property Type

Other

Est. Annual Taxes

$3,948

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Age Description: 101 Years/More
  • Legal Description: Robinson's 1st Add Lot 1 & 2 In 1/4 Blk 1
  • Restrictions: All Appliances, Lease
  • Package: Yes
  • Year Built: 2015
  • 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: Julie Tobin
  • Listing Service: Full Service
  • List Office Mls Id: SHRL
  • List Office Name: Shirleys Realty
  • List Office Phone: 660-562-2562
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 23435
  • Special Documents Required: No
  • Tax Total Amount: 3948
  • Unit Type: 4 Bedroom Or More
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Block, Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage: No
  • Parking Features: Off-Site

Utilities

  • Cooling: Central Electric, Central Gas
  • Heating: Forced Air Electric, Natural Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Electric: 110 Volts, 220 Volts, Separate Meters
  • Water Source: Public/City

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Schools

  • School District: Maryville

Lot Info

  • In Floodplain: No
  • Zoning: Yes
  • Building Area Total: 6101.00
  • Lot Size Area: 17424.00
  • Lot Size Area Units: Square Feet
  • Lot Dimensions: 132 x 132
  • Lot Size Sq Ft: 17424.00
  • Parcel Number: 22-04-18-04-27-10000

Rental Info

  • Existing Lease Terms: One Year Lease

Building Info

  • Number of Units Total: 24

Multi Family

  • Gross Income: 84000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Other

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3948.00

MLS Schools

  • School District: Maryville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2020
Sold by
Dad Gumm 1 Llc
Bought by
Nwmo Investments Llc
Current Estimated Value
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Outstanding Balance
$429,535
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$86,035

Purchase Details

Closed on
May 10, 2017
Sold by
Gumm Steven E and Gumm Becky L
Bought by
Dad Gumm 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 4, 2017
Sold by
Gumm Steven E
Bought by
Gumm Steven E and Rapp Brenda Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Nwmo Investments Llc -- Nodaway County Abstract
Dad Gumm 1 Llc -- None Available
Gumm Steven E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nwmo Investments Llc $477,000
Previous Owner Gumm Steven E $44,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold -- -- --
08/18/2022 08/18/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $849,000 -- $139 / 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
2023 $3,935 $60,320 $4,220 $56,100
2022 $3,935 $56,330 $3,970 $52,360
2021 $3,948 $56,330 $3,970 $52,360
2020 $3,673 $51,660 $3,970 $47,690
2019 $3,644 $51,660 $3,970 $47,690
2018 $3,631 $51,410 $3,720 $47,690
2017 $3,617 $51,410 $3,720 $47,690
2015 $1,514 $22,090 $3,720 $18,370
2011 $1,469 $22,090 $3,720 $18,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2376728

Heartland MLS

APN: 22-04-18-04-27-10000