NOT LISTED FOR SALE

503 Clay St Chillicothe, MO 64601

Estimated Value: $348,000 - $1,012,000

-- Bed
1 Bath
8,910 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 29, 2023

Current estimated payment $4,417/month

113 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • Dewey Elementary School Rated A

About This Home

As of December 2023

This meticulously maintained 15 unit apartment complex is a 3 story building with a basement and mostly constructed of brick, cinderblock, concrete, and steel materials. The complex is nested on a 26,920 sq ft block and is within walking distance of downtown featuring local restaurants, pharmacy, bank, courthouse, and library. The adjoining included lots offer ample space for future expansion. 3 Units are 2 bedroom, 2 bath, 12 units are 2 bedroom 1 bath. Complex also offers 2 on-site laundry facilities.

Last Agent to Sell the Property

Susan Dudley

RE/MAX PROFESSIONALS Brokerage Phone: 816-390-2815 License #2005018017 Listed on: 07/24/2023

RE/MAX PROFESSIONALS

Last Buyer's Agent

Lance Tomlin

ReeceNichols - Eastland License #2010011847

ReeceNichols - Eastland

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 1954

Lot Details

  • 0.62 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Brick Frame
  • Synthetic Roof

Interior Spaces

  • 3-Story Property
  • Firewall
  • Built-In Electric Oven
  • Basement

Parking

  • 15 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 06-07.00-36-3-29-08.00
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Building Details

  • Gross Income $107,250

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,679

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1954
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Susan Dudley
  • List Office Mls Id: HMSRMX_28
  • List Office Name: RE/MAX PROFESSIONALS
  • List Office Phone: 816-233-2300
  • Mls Status: Sold
  • Operating Expense: 33593
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 3679
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 816-390-2815
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Built-In Electric Oven
  • Basement: Yes
  • Laundry Features: Central Laundry
  • Stories: 3

Exterior Features

  • Roof: Synthetic
  • Construction Materials: Brick & Frame, Concrete
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 15

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Sewer: City/Public
  • Utilities: Ind Water Heaters
  • Cooling: No
  • Security Features: Fire Walls
  • Water Source: City/Public - Verify

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Fee Information

  • Deposit: First American Title

Schools

  • Junior High Dist: Chillicothe R-II

Lot Info

  • Zoning: COM
  • Lot Size Area: 0.62
  • Lot Size Sq Ft: 27007.2
  • Parcel Number: 06-07.00-36-3-29-08.00
  • Subdivision Name: Other
  • ResoLotSizeUnits: Acres
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 15

Rental Info

  • Existing Lease Terms: Month To Month

Multi Family

  • Gross Income: 107250
  • Current Occupancy Rate: 90-95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3679
  • Tax Abatement YN: 0

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
12/29/2023 12/29/23 Sold -- -- --
11/15/2023 11/15/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $995,000 -- $112 / 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 $3,451 $47,510 $3,590 $43,920
2023 $3,451 $47,510 $3,590 $43,920
2022 $3,227 $44,750 $3,590 $41,160
2021 $3,028 $44,750 $3,590 $41,160
2020 $3,028 $41,620 $3,590 $38,030
2019 $3,019 $41,620 $3,590 $38,030
2018 $3,052 $42,250 $3,590 $38,660
2017 $3,052 $42,250 $3,590 $38,660
2016 $3,030 $41,860 $3,590 $38,270
2015 -- $41,860 $3,590 $38,270
2011 -- $214,370 $12,960 $201,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2445879

Heartland MLS

APN: 06-07.00-36-3-29-08.00