$380,000
SOLD OCT 30, 2024
Last list price

500 Sky Vue Dr Raymore, MO 64083

-- Bed
-- Bath
3,664 Sq Ft
0.31 Acres

Recently Sold

$104 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling System Powered By Gas
  • Raymore Elementary School Rated A-
  • 4 Car Attached Garage
  • Board and Batten Siding

About This Home

As of October 2024

Prime Investment Opportunity: Fully Occupied 4-Plex in A+ Neighborhood with 9% Cap Rate!

Seize the chance to own a highly desirable 4-plex in an exceptional neighborhood! This fully occupied property features four units, each with its own garage, situated on a spacious corner lot. Two of the units were recently updated in 2024, showcasing fresh paint, new carpet, granite countertops, modern fixtures, and more.

With low vacancy rates and a professional property management company already in place, this property offers a seamless transition for the new owner. The units are well-maintained, with management inspections available, and attract low-maintenance tenants.

Located just minutes from top-rated schools, shopping, dining, and convenient highway access, this property combines location, quality, and strong returns. Don't miss out on this fantastic investment with a 9% cap rate!

Last Agent to Sell the Property

Nic Helm

Sold in KC LLC Brokerage Phone: 618-339-9631 License #1840890

Sold in KC LLC

Last Buyer's Agent

Maria Tutu

EXP Realty LLC License #2020031747

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 1985

Lot Details

  • 0.31 Acre Lot
  • Private Entrance

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 3,664 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Built-In Electric Oven
  • Dishwasher

Outdoor Features

  • Deck

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 2242418
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Johnston Ind Park Subdivision

Building Details

  • Gross Income $45,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,675

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1985
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Nic Helm
  • List Office Mls Id: HMSSOKC
  • List Office Name: Sold in KC LLC
  • List Office Phone: 816-589-5337
  • Mls Status: Sold
  • Operating Expense: 11391
  • Age Description: 31-40 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 3675
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Phone Other: 8165895337
  • Phone Other Type: Cell
  • Package: No
  • Attribution Contact: 618-339-9631
  • Special Features: None

Interior Features

  • Interior Amenities: Private Entry
  • Appliances: Dishwasher, Refrigerator, Built-In Electric Oven
  • Basement: No
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten, Frame
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Gas
  • Heating: Electric
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Electric: Separate Meters
  • Security Features: Smoke Detector(s)
  • Water Source: Public

Association/Amenities

  • Association: No

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Fee Information

  • Deposit: COFFELT LAND TITLE

Schools

  • Junior High Dist: Raymore-Peculiar

Lot Info

  • Zoning: x
  • Building Area Total: 3664
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13503.6
  • Parcel Number: 2242418
  • Subdivision Name: Johnston Ind Park
  • ResoLotSizeUnits: Acres
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 45780
  • Current Occupancy Rate: 90-95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3675
  • Tax Abatement YN: 0

Map

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
10/30/2024 10/30/24 Sold -- -- --
10/05/2024 10/05/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $380,000 +36.9% $104 / Sq Ft
11/29/2018 11/29/18 Sold -- -- --
11/08/2018 11/08/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $277,500 -- $76 / Sq Ft
Source: Heartland MLS

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 $3,680 $45,220 $3,690 $41,530
2023 $3,675 $45,220 $3,690 $41,530
2022 $3,282 $40,120 $3,690 $36,430
2021 $3,283 $40,120 $3,690 $36,430
2020 $3,211 $38,550 $3,690 $34,860
2019 $3,100 $38,550 $3,690 $34,860
2018 $2,865 $34,410 $2,950 $31,460
2017 $2,432 $34,410 $2,950 $31,460
2016 $2,432 $30,320 $2,950 $27,370
2015 $2,434 $30,320 $2,950 $27,370
2014 $2,045 $25,460 $2,950 $22,510
2013 -- $25,460 $2,950 $22,510
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 New Conventional
Previous Owner $213,500 New Conventional
Previous Owner $137,500 New Conventional
Previous Owner $159,165 New Conventional
Previous Owner $168,750 New Conventional
Previous Owner $360,000 Future Advance Clause Open End Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Coffelt Land Title
Quit Claim Deed -- Coffelt Land Title
Quit Claim Deed -- None Available
Quit Claim Deed -- True Concept Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Ravenswood Title Company Llc
Limited Warranty Deed -- Crescent Land Title
Warranty Deed -- Accurate Title Company
Corporate Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Source: Heartland MLS

MLS Number: 2513676

Heartland MLS

APN: 2242418