NOT LISTED FOR SALE

500 Kenneth Ln Belton, MO 64012

Estimated Value: $284,000 - $470,000

4 Beds
3 Baths
-- Sq Ft
0.27 Acres

Last Sold January 20, 2017

Current estimated payment $2,177/month

18 Days on Market

Highlights

  • Fireplace
  • Central Heating and Cooling System
  • Private Entrance
  • 3 Car Attached Garage
  • Combination Kitchen and Dining Room
  • Utility Room

About This Home

As of January 2017

12 Luxurious Duplexes together with single family homes across the street. Well maintained and easy to rent. There are (22) 3-bedroom units and (2) 2-bedroom + loft units. All units have 1 car garages with extra parking and unfinished basements. They also feature vaulted ceilings, main floor laundry hook-ups, large kitchens and DR, and decks off the back. Great area with Gladden Elementary School is across Westover Road. This would make a good 1031 Exchange property or cash purchase. No Disclosures provided. 10 roofs will be replaced with acceptable contract. 2 already replaced in the last 6 years. Please do not approach Tenants, they are not aware of this Listing. One of the Sellers is a LLC. Manager is a Real Estate Sales Person licensed in the State of MO.

Last Agent to Sell the Property

Bill Textor

ReeceNichols- Leawood Town Center License #BR00017298 Listed on: 11/18/2016

ReeceNichols- Leawood Town Center

Co-Listed By

Matt Textor

ReeceNichols- Leawood Town Center License #SP00219812

Last Buyer's Agent

Larry Kueser

KW Diamond Partners License #SP00050015

KW Diamond Partners

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $24,845

Year Built

  • Built in 1984

Lot Details

  • Private Entrance
  • Property is zoned Multi

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Combination Kitchen and Dining Room
  • Utility Room
  • Carpet
  • Fire and Smoke Detector
  • Basement

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 1417063

Community Details

Overview

  • 24 Units
  • Concord Hill Farm Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $259,200

Property Details

Property Type

Other

Est. Annual Taxes

$24,845

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Age Description: 31-40 Years
  • Package: Yes
  • Year Built: 1984
  • Senior Community: No
  • Co List Office Mls Id: RAN 30
  • Co List Office Name: ReeceNichols Town Center
  • Co List Office Phone: 913-345-0700
  • Dining Area Features: Kit/Dining Combo
  • Down Payment Deprecated: 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: William Textor
  • List Office Mls Id: RAN 30
  • List Office Name: ReeceNichols Town Center
  • List Office Phone: 913-345-0700
  • Maintenance Description: Building Exterior, HVAC, Lawn, Roof Repair, Roof Replace, Snow Removal
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 80800
  • Special Documents Required: No
  • Tax Total Amount: 24845
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Private Entry
  • Basement: Yes
  • Fireplace: Yes
  • Flooring: Carpeted Floors
  • Laundry Features: Inside, Utility Room
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, Off Street
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Telecommunications: High Speed Internet - Available
  • Utilities: Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Belton

Lot Info

  • In Floodplain: Unknown
  • Zoning: Multi
  • Parcel Number: 1417063
  • Subdivision Name: Concord Hill Farm

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 24

Multi Family

  • Gross Income: 259200
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Accounting, Advertising, Exterminator, Legal, Maintenance, Personal Prop Tax, Property Insurance, Property Mgmt, Real Estate Tax, Supplies

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 24845.00

MLS Schools

  • School District: Belton

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

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold -- -- --
12/06/2016 12/06/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $2,340,000 -- --
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 $2,934 $35,590 $2,880 $32,710
2023 $2,927 $35,590 $2,880 $32,710
2022 $2,584 $31,140 $2,880 $28,260
2021 $2,584 $31,140 $2,880 $28,260
2020 $2,496 $29,900 $2,880 $27,020
2019 $2,444 $29,900 $2,880 $27,020
2018 $2,186 $26,970 $2,470 $24,500
2017 $2,093 $26,970 $2,470 $24,500
2016 $2,093 $25,680 $2,470 $23,210
2015 $2,093 $25,680 $2,470 $23,210
2014 $2,100 $25,680 $2,470 $23,210
2013 -- $25,680 $2,470 $23,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2021725

Heartland MLS

APN: 1417063