NOT LISTED FOR SALE

420 W 7th St Sedalia, MO 65301

Estimated Value: $134,000 - $326,000

2 Beds
3 Baths
-- Sq Ft
5,358 Sq Ft Lot

Last Sold January 05, 2024

Current estimated payment $1,183/month

214 Days on Market

Highlights

  • No HOA
  • Covered Deck
  • Garage
  • Thermal Pane Windows
  • Central Air

About This Home

As of January 2024

Calling all investors! This triplex currently has 2 units occupied and 1 vacant unit available for rent offering great income potential. There are 2 units that are 1 bedroom, 1 bath, and 1 studio apartment. Full unfinished basement for storms or storage. 3-car detached garage offering space for off-street parking for tenants or potential for additional rental income. Could be converted back into a 3 bedroom, 3 bath home. Come take a look! *Seller holds Missouri real estate license.

Last Agent to Sell the Property

Billie Barnes

RE/MAX of Sedalia License #2005009787 Listed on: 04/28/2023

RE/MAX of Sedalia

Last Buyer's Agent

Mike Staton

Staton Realty Group License #2005025310

Staton Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1900

Lot Details

  • 5,358

Parking

  • Garage

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Thermal Pane Windows
  • Basement Fills Entire Space Under The House

Additional Features

  • Covered Deck
  • Lot Dimensions are 45x120
  • Central Air

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas, internet
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$836

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 90+
  • Estimated Age: 124
  • Estimated Year Built: 1900
  • Class: Multifamily
  • Lvt Date: 04/28/2023
  • Range: 21
  • Section: 4
  • Streets: Public
  • Style: 2 Story
  • Type: Triplex
  • Construction: Siding-Vinyl
  • Bathrooms Per Unit: One
  • Number Of Buildings: 1
  • Number Of Studio: 1
  • Parking Per Unit: One
  • Windows Treatments: Some Stay
  • Second Address Number: 420
  • Directions: From W Broadway, North on S Vermont, East on W 7th, watch for sign.
  • Geo Address Line: 420 W 7th St
  • Geo Longitude: -93.2325428220901
  • Geo Primary City: Sedalia
  • Geo Quality: 1
  • Geo Subdivision: MO
  • Geo Zoom Level: 18
  • OFFICELIST_STATE: MO
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement: Yes
  • Windows: Thermopane

Exterior Features

  • Foundation: Basement Full
  • Outside Features: Covered Deck

Garage/Parking

  • Parking: Garage

Utilities

  • Utilities: City Gas, City Sewer, City Water
  • Cooling: Central, Electric

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Smith Cotton High, Sedalia Middle, St Fair Com College, Sedalia Jr High
  • School District: Smith Cotton High, Sedalia Middle, St Fair Com College, Sedalia Jr High

Lot Info

  • Lot Size: 45x120
  • Geo Update Timestamp: 2023-04-28

Rental Info

  • Monthly Rent Income: 1715
  • Owner Pays: Water
  • Tenant Pays: Cable Tv/Satellite, Electric, Gas, Internet

Tax Info

  • RE Taxes: 819.50

Multi Family

  • Number Of Units: 3
  • Number Of1 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Dec 20, 2023
Sold by
Elg Nicholas and Elg Jill
Bought by
Skiles Justin M
Seller's Agent
Billie Barnes
RE/MAX of Sedalia
Buyer's Agent
Mike Staton
Staton Realty Group
List Price
$150,000
Current Estimated Value
$205,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.41%
Original Mortgage
$112,000
Outstanding Balance
$110,692
Interest Rate
8.75%
Mortgage Type
New Conventional
Estimated Equity
$99,114

Purchase Details

Closed on
Jan 30, 2021
Sold by
Home Works Llc
Bought by
Elg Nicholas and Elg Jayson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,375
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2016
Closed on
Dec 15, 2016
Sold by
Burgess Forrest D and Burgess Deborah L
Bought by
Home Works Llc
Seller's Agent
PENNIE LANE
Coldwell Banker Freedom Group
Buyer's Agent
PENNIE LANE
Coldwell Banker Freedom Group
List Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%
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
Skiles Justin M $140,000 True Line Title
Elg Nicholas $71,719 Simplifile Lc E-Recording
Home Works Llc -- Landmann Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skiles Justin M $112,000
Previous Owner Elg Nicholas $57,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold -- -- --
10/27/2023 10/27/23 For Sale $150,000 0.0% --
10/26/2023 10/26/23 Off Market -- -- --
09/13/2023 09/13/23 Price Changed $150,000 -11.7% --
07/10/2023 07/10/23 Price Changed $169,900 -2.9% --
05/24/2023 05/24/23 Price Changed $175,000 -2.7% --
04/28/2023 04/28/23 For Sale $179,900 +227.7% --
12/15/2016 12/15/16 Sold -- -- --
12/03/2016 12/03/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $54,900 -- $37 / Sq Ft
Source: West Central Association of REALTORS® (MO)

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 $836 $13,510 $1,990 $11,520
2023 $836 $13,510 $1,990 $11,520
2022 $820 $13,330 $1,810 $11,520
2021 $812 $13,330 $1,810 $11,520
2020 $811 $13,330 $1,810 $11,520
2019 $806 $11,390 $1,570 $9,820
2017 $691 $11,390 $1,570 $9,820
2016 $522 $8,700 $1,570 $7,130
2015 $523 $8,700 $1,570 $7,130
2014 $601 $10,140 $1,570 $8,570
2013 -- $10,140 $1,570 $8,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (MO)

MLS Number: 94987

West Central Association of REALTORS® (MO)

APN: 152004165005000