NOT LISTED FOR SALE

503 SE Florence Ave A-B N A Lee's Summit, MO 64063

Estimated Value: $300,559 - $353,000

4 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold November 06, 2020

Current estimated payment $2,038/month

1 Day on Market

Highlights

  • Eat-In Kitchen
  • Central Air
  • 1-Story Property
  • Pleasant Lea Middle School Rated A-
  • Combination Dining and Living Room

About This Home

As of November 2020

Highest & Best due 10/29 at 5 pm! Gorgeous Downtown Lee's Summit remodeled duplex! GREAT investment opportunity! Live on one side and rent out the other! Both units are updated with new carpet &wood laminate floors, updated white kits w/granite, built-ins, updated baths! Unit A w/upgraded stainless steel single basin sink! Selling both units together. Stacked washer/dryer in unit B stays! 3 bedroom will rent for $1,250 and 2 bedroom will rent for $975. Big Parking Pad allows for 8 cars tandem. Room for RV parking Front unit closest to street is Unit B. Rear unit is Unit A based on city addressing. Aerial available in photos.

Last Agent to Sell the Property

Ask Cathy

Keller Williams Platinum Prtnr Listed on: 10/28/2020

Keller Williams Platinum Prtnr

Co-Listed By

Cathy Counti

Keller Williams Platinum Prtnr License #2002004735

Last Buyer's Agent

Jenna Kautz

ReeceNichols - Lees Summit License #2015044477

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,899

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot

Home Design

  • Duplex
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Eat-In Kitchen

Parking

  • 9 Parking Spaces
  • Off-Street Parking

Schools

  • Lee's Summit Elementary School
  • Lee's Summit High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 61-520-02-12-00-0-00-000

Community Details

Overview

  • 2 Units
  • Higginbotham Acres Subdivision

Building Details

  • Gross Income $26,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,899

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: HIGGINBOTHAM ACRES LOT 1
  • Package: No
  • Year Built: 1950
  • Senior Community: No
  • Co List Office Mls Id: KW02
  • Co List Office Name: Keller Williams Platinum Prtnr
  • Co List Office Phone: 816-525-7000
  • Dining Area Features: Eat-In Kitchen, Liv/Dining Combo
  • 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: Ask Cathy Team
  • List Office Mls Id: KW02
  • List Office Name: Keller Williams Platinum Prtnr
  • List Office Phone: 816-525-7000
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 1899
  • Special Documents Required: No
  • Tax Total Amount: 1899
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Value Range Pricing: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Laundry Features: Inside
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 9

Utilities

  • Cooling: Central Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Telecommunications: High Speed Internet - Available
  • Utilities: Multi-Unit Heat/Air, Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Lee's Summit
  • Elementary School: Lee's Summit
  • Middle School: Pleasant Lea
  • High School: Lee's Summit
  • Middle/Junior School: Pleasant Lea

Lot Info

  • In Floodplain: No
  • Zoning: RES
  • Lot Size Area: 11513.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 11513.00
  • Parcel Number: 61-520-02-12-00-0-00-000
  • Subdivision Name: Higginbotham Acres

Rental Info

  • Existing Lease Terms: None

Building Info

  • Number of Units Total: 2

Tax Info

  • Tax Comment: est
  • Tax Abatement: No
  • Tax Annual Amount: 1899.00

Multi Family

  • Gross Income: 26700
  • Gross Multiplier: 10.00
  • Operating Expenses Include: Real Estate Tax

MLS Schools

  • Elementary School: Lee's Summit
  • School District: Lee's Summit
  • High School: Lee's Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Nov 3, 2020
Sold by
Dill Diana L and Dill Kevin S
Bought by
Pg Investments Llc
Seller's Agent
Ask Cathy
Keller Williams Platinum Prtnr
Buyer's Agent
Jenna Kautz
ReeceNichols - Lees Summit
List Price
$230,000
Current Estimated Value
$329,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$85,000
Outstanding Balance
$78,386
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,504

Purchase Details

Listed on
Oct 28, 2020
Closed on
Oct 21, 2020
Sold by
7 Am Properties Llc
Bought by
Kakuske Seth S and Kakuske Brooke N
Seller's Agent
Ask Cathy
Keller Williams Platinum Prtnr
Buyer's Agent
Jenna Kautz
ReeceNichols - Lees Summit
List Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$78,386
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,504

Purchase Details

Closed on
Aug 11, 2016
Sold by
Pjkd Llc
Bought by
Dill Kevin S and Dill Diana L

Purchase Details

Closed on
Apr 4, 2008
Sold by
U S Bank Na
Bought by
Dill Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,262
Interest Rate
6.11%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 25, 2007
Sold by
Vang Dang and Vang Stacey
Bought by
U S Bank Na and Citigroup Mortgage Loan Trust Asset Back

Purchase Details

Closed on
Apr 28, 2006
Sold by
Boucher Vincent M and Boucher Gina
Bought by
Vang Dang and Vang Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
9.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2000
Sold by
Parr Darin and Parr Shelly
Bought by
Boucher Vincent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Pg Investments Llc -- Coffelt Land Title Inc
Kakuske Seth S -- Platinum Title Llc
Dill Kevin S -- None Available
Dill Enterprises Inc -- Rtc
U S Bank Na $91,351 Mo Kan Title Services Inc
Vang Dang -- Metro One Title
Boucher Vincent M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kakuske Seth S $85,000
Previous Owner Dill Enterprises Inc $116,262
Previous Owner Vang Dang $84,150
Previous Owner Boucher Vincent M $45,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold -- -- --
10/29/2020 10/29/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $230,000 -- --
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
2025 $3,464 $55,170 $7,123 $48,047
2024 $3,439 $47,975 $8,677 $39,298
2023 $3,439 $47,975 $8,501 $39,474
2022 $3,497 $43,320 $7,543 $35,777
2021 $3,569 $43,320 $7,543 $35,777
2020 $1,952 $23,463 $7,543 $15,920
2019 $1,899 $23,463 $7,543 $15,920
2018 $1,389 $15,922 $1,863 $14,059
2017 $1,368 $15,922 $1,863 $14,059
2016 $1,368 $15,523 $2,242 $13,281
2014 $1,228 $13,668 $2,573 $11,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2250175

Heartland MLS

APN: 61-520-02-12-00-0-00-000