$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 Listed on: 10/03/2024

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 23, 2024
Sold by
Rhf Properties Llc
Bought by
Irangi Caroline
Seller's Agent
Nic Helm
Sold in KC LLC
Buyer's Agent
Maria Tutu
EXP Realty LLC
List Price
$380,000
Sold Price
$410,000
Premium/Discount to List
$30,000
7.89%
Views
1
Current Estimated Value
$403,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,900
Avg. Annual Appreciation
-2.62%
Original Mortgage
$307,500
Outstanding Balance
$305,980
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$97,120

Purchase Details

Closed on
Mar 3, 2021
Sold by
Fox Ryan H
Bought by
Rhf Properties Llc

Purchase Details

Closed on
Dec 22, 2020
Sold by
Rhf Properties Llc
Bought by
Fox Ryan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2019
Sold by
Fox Ryan H
Bought by
Rhf Properties Llc

Purchase Details

Listed on
Oct 15, 2018
Closed on
Jan 17, 2019
Sold by
Fox Amy Leigh and Fox Ryan Heywood
Bought by
Fox Ryan
Seller's Agent
Lonnie Branson
Keller Williams Southland
Buyer's Agent
Logan Freeman
Midwest CRE Advisors, LLC
List Price
$277,500
Sold Price
$275,000
Premium/Discount to List
-$2,500
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$137,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2018
Closed on
Nov 20, 2018
Sold by
Tbl Investments Llc
Bought by
Fox Revocable Trust
Seller's Agent
Lonnie Branson
Keller Williams Southland
Buyer's Agent
Logan Freeman
Midwest CRE Advisors, LLC
List Price
$277,500
Sold Price
$275,000
Premium/Discount to List
-$2,500
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2017
Sold by
Colombo Andrew G and Colombo Maribeth T
Bought by
Tbl Investments Llc

Purchase Details

Closed on
Apr 20, 2007
Sold by
Mc Investment Properties Llc
Bought by
Colombo Andrew G and Colombo Maribeth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2005
Sold by
500 Skyvue Properties Llc
Bought by
Mc Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 31, 2004
Sold by
Dobson Larry L and Dobson Mary C
Bought by
500 Sky Vue Properties Llc
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 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

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

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 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 $3,680 $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

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2513676

Heartland MLS

APN: 2242418