NOT LISTED FOR SALE

408 W McPike St Vandalia, MO 63382

Estimated Value: $78,000 - $94,000

-- Bed
-- Bath
1,200 Sq Ft
$71/Sq Ft Est. Value

Last Sold December 03, 2024

Current estimated payment $519/month

34 Days on Market

About This Home

As of December 2024

Welcome to this charming brick ranch duplex located in the heart of Vandalia, Missouri. This well-maintained property offers two cozy one-bedroom, one-bath apartments, making it a fantastic investment opportunity. One unit is currently leased, providing immediate income, while the other unit boasts recent updates and is ready for a new occupant. Residents will enjoy a spacious backyard perfect for relaxation or entertaining, complemented by a small garden shed for extra storage. Additionally, the property features a large two-car metal building, ideal for vehicles or a workshop. Don't miss your chance to own a versatile property in a peaceful neighborhood. Schedule your viewing today!

Last Listed By

Connor Doyle

Prestige Realty, Inc License #2021035961 Listed on: 10/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $557

Year Built

  • Built in 1948

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • Detached Garage

Home Design

  • 1,200 Sq Ft Home
  • Brick Exterior Construction

Schools

  • Van-Far Elem. Elementary School
  • Van-Far Jr./Sr. High Middle School
  • Van-Far Jr./Sr. High School

Utilities

  • Forced Air Heating System

Community Details

  • Net Operating Income $250

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 14-3-05-3-029-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$557

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Directions: GPS friendly.
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.165
  • Co List Office Phone: 2218171
  • Subdivision Name: Original Town
  • Above Grade Finished Sq Ft: 1200
  • Age: 76
  • PropaneTank: None
  • Total Expenses: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Refrigerator(s), Some Range Oven(s), Washer/Dryer

Exterior Features

  • Disclosures: Unknown, Flood Plain No, Sellers Discl. Avail
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached Garage - 1-2 Car
  • Driveway: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Van-Far Elem.
  • Junior High Dist: Van-Far R-I
  • High School: Van-Far Jr./Sr. High
  • Middle Or Junior School: Van-Far Jr./Sr. High

Lot Info

  • Lot Dimensions: 60x120
  • Lot Size Sq Ft: 7187
  • Parcel Number: 14-3-05-3-029-002

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 1 or More Vacant,Month To Month

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 557
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 250
  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Dec 3, 2024
Sold by
Northcutt Gloria J Trust and Northcutt Gloria J
Bought by
Alpha Investments Llc
Seller's Agent
Connor Doyle
Prestige Realty, Inc
Buyer's Agent
Default Zmember
Zdefault Office
List Price
$96,900
Sold Price
$79,000
Premium/Discount to List
-$17,900
-18.47%
Total Days on Market
34
Views
17
Current Estimated Value
$85,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,159
Avg. Annual Appreciation
25.75%
Original Mortgage
$63,200
Outstanding Balance
$63,086
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$23,895

Purchase Details

Closed on
Nov 15, 2023
Sold by
Northcutt Gloria J
Bought by
Gloria J Northcutt Revocable Trust and Northcutt

Purchase Details

Closed on
Oct 1, 2008
Bought by
Northcutt William D and Northcutt Gloria J

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

Purchase History

Date Buyer Sale Price Title Company
Alpha Investments Llc $79,000 None Listed On Document
Alpha Investments Llc -- None Listed On Document
Gloria J Northcutt Revocable Trust -- None Listed On Document
Northcutt William D $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alpha Investments Llc $63,200
Closed Alpha Investments Llc $63,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold -- -- --
11/07/2024 11/07/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $96,900 -- $81 / Sq Ft
09/20/2024 09/20/24 Off Market -- -- --
Source: MARIS 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
2024 $564 $7,370 $950 $6,420
2023 $557 $7,370 $950 $6,420
2022 $539 $6,970 $950 $6,020
2021 $526 $6,970 $950 $6,020
2020 $523 $6,970 $950 $6,020
2019 $523 $6,970 $950 $6,020
2018 $440 $0 $0 $0
2017 $483 $0 $0 $0
2012 $440 $6,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MAR24060145

MARIS MLS

APN: 14-3-05-3-029-002