NOT LISTED FOR SALE

4709 Switzer Rd Merriam, KS 66203

-- Bed
-- Bath
-- Sq Ft
1987 Built

Last Sold November 10, 2021

77 Days on Market

About This Home

As of November 2021

PRICE REDUCED! Projected 7.25% cap rate in Johnson County. Outstanding set of 2(two) fourplexes for a total of 8 units on one parcel in prestigious Johnson County, KS. Shawnee Mission school district. Recent $10,000+ worth of improvements to the interior. Quiet. Plenty off street parking. All 2br, 1 ba. Very easy to maintain. Low or no owner expenses other than taxes, insurance, and water. All units have their own exterior access. Located on a cul-de-sac. Push rents by continuing cosmetic, simple updates. This property will generate cash flow and appreciate.

Last Agent to Sell the Property

Aaron Clemons

Clemons Real Estate LLC License #BR00221922 Listed on: 07/20/2021

Clemons Real Estate LLC

Last Buyer's Agent

Aaron Clemons

Clemons Real Estate LLC License #BR00221922 Listed on: 07/20/2021

Clemons Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,339

Year Built

  • Built in 1987

Home Design

  • Frame Construction
  • Composition Roof

Kitchen

  • Electric Oven or Range
  • Dishwasher

Parking

  • 10 Parking Spaces
  • Off-Street Parking

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System
  • Basement

Listing and Financial Details

  • Assessor Parcel Number JP73800000-0003

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Switzer Lake Estates Subdivision

Building Details

  • Gross Income $102,720

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,339

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 31-40 Years
  • Legal Description: SWITZER VALLEY LOT 3 MEC 5212 2B 3
  • Package: No
  • Year Built: 1987
  • 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: Aaron Clemons
  • List Office Mls Id: CREL
  • List Office Name: Clemons Real Estate LLC
  • List Office Phone: 816-774-4250
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 30286
  • Phone Other: 8165910825
  • Phone Other Type: Cell
  • Special Documents Required: No
  • Tax Total Amount: 6339
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Rng/Oven- Electric
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 10

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric, Central Gas
  • Sewer: Public/City
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: City/Public - Verify

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Schools

  • School District: Shawnee Mission

Lot Info

  • In Floodplain: Unknown
  • Zoning: MF
  • Lot Size Area: 41610.00
  • Parcel Number: JP73800000-0003
  • Subdivision Name: Switzer Lake Estates

Rental Info

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

Building Info

  • Number of Units Total: 8

Multi Family

  • Gross Income: 102720
  • Current Occupancy Rate: Over 95%
  • Gross Multiplier: 9.14
  • Operating Expenses Include: Accounting, Advertising, All Utilities, Electricity, Exterminator, Legal, Maintenance, Permits, Property Insurance, Property Mgmt, Real Estate Tax, Refuse Collection, Sewer, Supplies, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 6339.00

MLS Schools

  • School District: Shawnee Mission

Range of Values:

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ICE

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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

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold -- -- --
10/05/2021 10/05/21 Pending -- -- --
09/16/2021 09/16/21 Price Changed $899,000 -6.3% --
07/20/2021 07/20/21 For Sale $959,000 -- --
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2334854

Heartland MLS