NOT LISTED FOR SALE

503 SE 3rd St Lees Summit, MO 64063

Estimated Value: $334,000 - $363,000

4 Beds
2 Baths
2,118 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 10, 2014

Current estimated payment $2,448/month

31 Days on Market

Highlights

  • 87,120 Sq Ft lot
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Pleasant Lea Middle School Rated A-
  • 2 Car Attached Garage
  • Storm Windows

About This Home

As of September 2014

OFFER ACCEPTED! Waiting on Seller's signature! Super Opportunity! Well Maintained Duplex, located on quiet cul-de-sac with immediate access to 291 & 50 Hwy's. Formal Living Room & Eat-in Kitchen, Patio walks out to large backyard. DON'T MISS OUT ON THIS GREAT DEAL! This will go fast! SELLER WANTS OFFERS!!!
24 hr showing appointment required.

Last Agent to Sell the Property

Gerald Darthard

ReeceNichols - Lees Summit License #1999028255 Listed on: 06/27/2014

Last Buyer's Agent

Gerald Darthard

ReeceNichols - Lees Summit License #1999028255 Listed on: 06/27/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1983

Lot Details

  • 2 Acre Lot
  • Private Entrance

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 2,118 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • Carpet
  • Basement
  • Laundry in Basement
  • Eat-In Kitchen

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 61-240-21-18-00-0-00-000

Community Details

Overview

  • 2 Units
  • Kingston Trails Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $20,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

Year Built

Built in 1983

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 31-40 Years
  • Legal Description: REPLAT OF KINGSTON TRAILS LOT 7A and 7B
  • Package: No
  • Year Built: 1983
  • Senior Community: No
  • Dining Area Features: Eat-In Kitchen, Kit/Dining Combo
  • Down Payment Deprecated: Yes
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Gerald Darthard
  • List Office Mls Id: RAN 20
  • List Office Name: ReeceNichols Lees Summit
  • List Office Phone: 816-524-7272
  • Maintenance Description: Building Exterior, Lawn, Snow Removal
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 3100
  • Other Room Features: Formal Living Room, Private Bath
  • Special Documents Required: Yes
  • Tax Total Amount: 3100
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Private Entry
  • Basement: Yes
  • Flooring: Carpeted Floors
  • Laundry Features: In The Basement, Inside, Utility Room
  • Stories: 1
  • Window Features: Storm Windows

Exterior Features

  • Exterior Features: Storm Doors
  • Roof: Composition
  • Construction Materials: Board/Batten, Brick Trim
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Other
  • Association Fee: 150
  • Association Fee Frequency: Monthly

Schools

  • School District: Lee's Summit

Lot Info

  • In Floodplain: No
  • Zoning: Multi
  • Building Area Total: 2118.00
  • Lot Size Area: 2.00
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 87120.00
  • Parcel Number: 61-240-21-18-00-0-00-000
  • Subdivision Name: Kingston Trails

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 2

Tax Info

  • Tax Comment: EST
  • Tax Abatement: No
  • Tax Annual Amount: 3100.00

Multi Family

  • Gross Income: 20040
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Property Insurance, Real Estate Tax

MLS Schools

  • School District: Lee's Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Wiley Michael and Wiley Suzanne
Bought by
Fc Real Estate Llc
Current Estimated Value
$367,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,464
Outstanding Balance
$229,783
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$122,640
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Fc Real Estate Llc -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fc Real Estate Llc $232,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2014 09/10/14 Sold -- -- --
07/28/2014 07/28/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $145,000 -- $68 / 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
2025 $4,202 $44,977 $7,241 $37,736
2024 $4,202 $58,191 $5,947 $52,244
2023 $4,171 $58,191 $7,100 $51,091
2022 $2,745 $34,010 $6,403 $27,607
2021 $2,802 $34,010 $6,403 $27,607
2020 $2,693 $32,359 $6,403 $25,956
2019 $2,619 $32,359 $6,403 $25,956
2018 $2,764 $31,688 $7,106 $24,582
2017 $2,764 $31,688 $7,106 $24,582
2016 $2,722 $30,894 $4,484 $26,410
2014 $2,838 $31,575 $3,538 $28,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1891914

Heartland MLS

APN: 61-230-22-04-00-0-00-000