NOT LISTED FOR SALE

Estimated Value: $269,000 - $856,729

3 Beds
2 Baths
-- Sq Ft
0.7 Acres

Last Sold December 15, 2021

Current estimated payment $3,129/month

Highlights

  • 30,492 Sq Ft lot
  • No HOA
  • Central Air
  • Piper Prairie Elementary School Rated A
  • 4 Car Attached Garage
  • Utility Room

About This Home

As of December 2021

Bulk sale of 4-unit, 4-plex units fully occupied. Across the street from Piper High School. All units of a similar finish and floorplan. Appliances stay with the property. Building 2, 4328 N 106th Ter, 4330 N 106th Ter, 4332 N 106th Ter, 4334 N 106th Ter are included in this sale. SQ FT, lot size, and all financial numbers are estimated. Photos of a model unit.

Last Agent to Sell the Property

Melissa Irish

ReeceNichols -Johnson County W License #SP00226396 Listed on: 09/10/2021

ReeceNichols -Johnson County W

Last Buyer's Agent

Chris Collins

Keller Williams Realty Partners Inc. License #BR00012626

Keller Williams Realty Partners Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,918

Year Built

  • Built in 2008

Lot Details

  • 0.7 Acre Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Utility Room
  • Washer
  • Basement

Kitchen

  • Electric Oven or Range
  • Free-Standing Range
  • Dishwasher
  • Disposal

Home Security

  • Fire and Smoke Detector
  • Firewall

Schools

  • Piper High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • 150 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 291216

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Highlands At Piper Subdivision

Building Details

  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,918

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 11-15 Years
  • Legal Description: Multiple legal addresses, contact LA
  • Restrictions: Deed, Subdivision
  • Package: Yes
  • Year Built: 2008
  • 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: Melissa Irish
  • List Office Mls Id: RAN 37
  • List Office Name: ReeceNichols -Johnson County W
  • List Office Phone: 913-323-7222
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 14213
  • Special Documents Required: No
  • Tax Total Amount: 11918
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Prt Window Cover
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Rng/Oven- Electric, Rng/Oven- Free Std, Washer
  • Basement: Yes
  • Laundry Features: Utility Room
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Stone Veneer, Vinyl Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, In Building
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric, Heat Pump
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Electric: 150 Amp Service, Separate Meters
  • Security Features: Fire Walls, Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: Annually

Association/Amenities

  • Association: No

Schools

  • School District: Piper
  • High School: Piper

Lot Info

  • In Floodplain: Unknown
  • Zoning: RP-3
  • Lot Size Area: 0.70
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 30492.00
  • Parcel Number: 291216
  • Subdivision Name: Highlands at Piper

Rental Info

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

Building Info

  • Number of Units Total: 4

Tax Info

  • Tax Comment: EST
  • Tax Abatement: No
  • Tax Annual Amount: 11918.00

Multi Family

  • Gross Income: 58800
  • Current Occupancy Rate: Over 95%
  • Gross Multiplier: 11.41
  • Operating Expenses Include: Personal Prop Tax, Property Insurance, Real Estate Tax

MLS Schools

  • School District: Piper
  • High School: Piper

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Dec 15, 2021
Sold by
Martens Rentals Ii Llc
Bought by
8 Knoll Cut Off Llc
Seller's Agent
Melissa Irish
ReeceNichols -Johnson County W
Buyer's Agent
Chris Collins
Keller Williams Realty Partners Inc.
List Price
$671,000
Current Estimated Value
$523,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.67%

Purchase Details

Closed on
Nov 20, 2008
Sold by
Bmpz Llc
Bought by
Martens Rentals Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,545
Interest Rate
5.98%
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
8 Knoll Cut Off Llc -- Continental Title Company
Martens Rentals Ii Llc -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martens Rentals Ii Llc $320,545
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold -- -- --
09/10/2021 09/10/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $671,000 -- --
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
2024 $3,559 $22,334 $4,083 $18,251
2023 $3,852 $22,195 $4,242 $17,953
2022 $3,599 $20,815 $3,537 $17,278
2021 $3,074 $17,912 $3,778 $14,134
2020 $3,006 $17,561 $2,973 $14,588
2019 $3,038 $17,745 $2,967 $14,778
2018 $2,602 $14,788 $3,015 $11,773
2017 $2,406 $13,820 $3,177 $10,643
2016 $2,432 $13,820 $3,177 $10,643
2015 $2,479 $13,820 $3,177 $10,643
2014 $2,332 $13,820 $3,177 $10,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2344972

Heartland MLS

APN: 291216