505 NW Westvale Cir Lees Summit, MO 64081
Lee's Summit NeighborhoodEstimated Value: $221,177 - $307,000
4
Beds
2
Baths
1,247
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Cedar Creek Elementary School Rated A
- 1-Story Property
About This Home
As of April 2019Easy to rent Duplex available for sale in booming Lee’s Summit! Each unit is 2 bedroom/1 bathroom. The A unit is currently occupied with a great tenant paying $729 per month. The B unit has just vacated and has recently been renovated. It could be quickly leased, but is also perfect for the owner occupant that wants to live in one side and lease the other. Duplex is in great shape with easy to maintain units. Recent capital improvements include new LVP flooring, new gutters, new roof in 2015. Members of ownership are Missouri licensed real estate professionals.
Last Agent to Sell the Property
Blue Bronco LLC License #2012041936 Listed on: 02/26/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,568
Year Built
- Built in 1962
Lot Details
- 0.28
Parking
- Off-Street Parking
Home Design
- Duplex
- Frame Construction
- Composition Roof
- Vinyl Siding
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
Additional Features
- 1-Story Property
- Lot Dimensions are 63x176x78x175
Community Details
- 2 Units
- Westvale Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 62-220-13-18-00-0-00-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2019
Closed on
Apr 5, 2019
Sold by
Westvale Circle Llc
Bought by
Zhao Xuemei
Seller's Agent
Zachary Lund
Blue Bronco LLC
Buyer's Agent
Christina Yang
Platinum Realty LLC
List Price
$124,999
Sold Price
$138,000
Premium/Discount to List
$13,001
10.4%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,794
Avg. Annual Appreciation
10.90%
Original Mortgage
$94,500
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 8, 2010
Sold by
Wells Fargo Bank N A
Bought by
Westvale Circle Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
5.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 15, 2009
Sold by
Little Clifford Eugene and Little Beverly J
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jul 19, 2004
Sold by
Little Clifford Eugene and Little Beverly J
Bought by
Little Clifford Eugene and Little Beverly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
6.18%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 2, 2004
Sold by
Federal National Mortgage Association
Bought by
Little David and Little Shelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 12, 2001
Sold by
Westvale Properties Ltd
Bought by
Schultz Michael and M & R Construction Llc
Purchase Details
Closed on
Sep 17, 1997
Sold by
The Bassett 1980 Trust
Bought by
Strother Investment Properties
Similar Homes in Lees Summit, MO
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhao Xuemei | -- | None Available | |
| Westvale Circle Llc | -- | Kansas City Title | |
| Wells Fargo Bank Na | $81,662 | Mokan Title Services Llc | |
| Little Clifford Eugene | -- | Northland Title Services Llc | |
| Little Clifford Eugene | -- | Northland Title Services Llc | |
| Little David | -- | Old Republic Title Company | |
| Schultz Michael | $89,500 | -- | |
| Strother Investment Properties | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhao Xuemei | $96,000 | |
| Closed | Zhao Xuemei | $94,500 | |
| Previous Owner | Westvale Circle Llc | $59,500 | |
| Previous Owner | Little Clifford Eugene | $103,500 | |
| Previous Owner | Little Clifford Eugene | $63,500 | |
| Previous Owner | Little David | $83,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2019 04/19/19 | Sold | -- | -- | -- |
| 03/04/2019 03/04/19 | Pending | -- | -- | -- |
| 02/26/2019 02/26/19 | For Sale | $124,999 | -- | $100 / Sq Ft |
Source: Heartland MLS
Tax History Compared to Growth
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 | $1,568 | $21,875 | $9,240 | $12,635 |
| 2023 | $1,568 | $21,875 | $8,890 | $12,985 |
| 2022 | $1,442 | $17,860 | $1,839 | $16,021 |
| 2021 | $1,472 | $17,860 | $1,839 | $16,021 |
| 2020 | $1,308 | $15,719 | $1,839 | $13,880 |
| 2019 | $1,272 | $15,719 | $1,839 | $13,880 |
| 2018 | $1,193 | $13,681 | $1,601 | $12,080 |
| 2017 | $1,193 | $13,681 | $1,601 | $12,080 |
| 2016 | $1,175 | $13,338 | $2,508 | $10,830 |
| 2014 | $1,218 | $13,636 | $1,930 | $11,706 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Lund
Z
Seller's Agent in 2019
Zachary Lund
Blue Bronco LLC
(816) 665-8053
4 in this area
10 Total Sales
-
Christina Yang
C
Buyer's Agent in 2019
Christina Yang
Platinum Realty LLC
(913) 703-4796
15 in this area
96 Total Sales
Map
Source: Heartland MLS
MLS Number: 2150529
APN: 62-220-13-18-00-0-00-000
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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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