NOT LISTED FOR SALE

506 NW Falk Dr Lees Summit, MO 64063

Estimated Value: $198,000 - $222,737

3 Beds
1 Bath
864 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 22, 2023

Current estimated payment $1,300/month

Highlights

  • Ranch Style House
  • Great Room
  • Stainless Steel Appliances
  • Bernard C. Campbell Middle School Rated A
  • No HOA
  • Thermal Windows

About This Home

As of May 2023

Charming Ranch near Downtown Lee's Summit! Open Main Level is Light & Bright w/LVP flooring located thru-out. Great Room opens to Beautifully Remolded Kitchen & Dining area. Kitchen features tile floor & backsplash, SS applainces & Granite Counters. Bathroom has been completely UPDATED as well! Unfinished basement offers ample storage or is ready for your future finish. Entertain outdoors on the back Patio overlooking the large Fenced-in backyard w/mature trees. Close proximity to highways, Schools, shopping & entertainment.

Last Agent to Sell the Property

Kaleb Drinkgern

ReeceNichols - Lees Summit License #2014013431 Listed on: 05/10/2023

ReeceNichols - Lees Summit

Co-Listed By

Amanda Pfeifer

ReeceNichols - Lees Summit License #2009008279

Last Buyer's Agent

Tommy Needles

Keller Williams Platinum Prtnr License #2013029531

Keller Williams Platinum Prtnr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,733

Year Built

  • Built in 1958

Lot Details

  • 9,200 Sq Ft Lot
  • Aluminum or Metal Fence
  • Paved or Partially Paved Lot
  • Many Trees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Thermal Windows
  • Shades
  • Great Room
  • Combination Kitchen and Dining Room

Kitchen

  • Built-In Electric Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Laundry in Basement

Home Security

  • Smart Locks
  • Fire and Smoke Detector

Schools

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

Additional Features

  • City Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Village Fair Subdivision

Listing and Financial Details

  • Assessor Parcel Number 62-110-08-27-00-0-00-000
  • $0 special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,733

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 864
  • Architectural Style: Traditional
  • Co List Office Mls Id: HMSRAN_20
  • Co List Office Name: ReeceNichols - Lees Summit
  • Co List Office Phone: 816-524-7272
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Kaleb Drinkgern
  • Listing Service: Full Service
  • List Office Mls Id: HMSRAN_20
  • List Office Name: ReeceNichols - Lees Summit
  • List Office Phone: 816-524-7272
  • Living Area: 864
  • Mls Status: Sold
  • Ownership: Private
  • Age Description: 51-75 Years
  • Floor Plan Features: Ranch
  • Tax Special Amount: 0
  • Tax Total Amount: 1733
  • Value Range Pricing YN: 0
  • Dining Area Features: Kit/Dining Combo
  • Maintenance Provided YN: 0
  • Other Room Features: Great Room,Main Floor BR,Main Floor Master
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Special Features: None

Interior Features

  • Basement: Concrete, Full, Garage Entrance
  • Appliances: Dishwasher, Disposal, Microwave, Built-In Electric Oven, Stainless Steel Appliance(s)
  • Basement: Yes
  • Fireplace: No
  • Flooring: Carpet, Luxury Vinyl Plank, Tile
  • Laundry Features: In Basement
  • Window Features: Thermal Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Fencing: Metal
  • Patio And Porch Features: Patio
  • Road Surface Type: Paved
  • Exclusions YN: 0
  • Inside City Limits: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Garage Faces Front

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Cooling: Yes
  • Security Features: Smart Door Lock, Smoke Detector(s)
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Continental

Schools

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

Lot Info

  • Lot Features: City Lot, Treed
  • Lot Size Area: 9200
  • Lot Size Sq Ft: 9200
  • Parcel Number: 62-110-08-27-00-0-00-000
  • Property Attached: No
  • Subdivision Name: Village Fair
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Tax Info

  • Tax Annual Amount: 1733
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Westview
  • High School: Lee's Summit North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
May 22, 2023
Sold by
Smith Brooke
Bought by
Rbkc Investments Llc
Seller's Agent
Kaleb Drinkgern
ReeceNichols - Lees Summit
Buyer's Agent
Tommy Needles
Keller Williams Platinum Prtnr
List Price
$190,000
Views
109
Current Estimated Value
$211,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%

Purchase Details

Listed on
May 10, 2023
Closed on
May 17, 2023
Sold by
Smith Tyler
Bought by
Smith Brooke
Seller's Agent
Kaleb Drinkgern
ReeceNichols - Lees Summit
Buyer's Agent
Tommy Needles
Keller Williams Platinum Prtnr
List Price
$190,000
Views
109

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 11, 2018
Sold by
Kc 1 Property Group Llc
Bought by
Smith Tyler and Smith Brooke
Seller's Agent
Branigan Barnett
Keller Williams Southland
Buyer's Agent
Sarah Collins
RE/MAX Heritage
List Price
$147,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%

Purchase Details

Listed on
Jul 19, 2018
Closed on
Jul 9, 2018
Sold by
Phh Mortgage Corp
Bought by
Kc1 Property Group Llc Series A 3
Seller's Agent
Sally Riley
United Real Estate Kansas City
Buyer's Agent
Branigan Barnett
Keller Williams Southland
List Price
$39,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1749.38%
Original Mortgage
$102,144
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 19, 2017
Sold by
S & W Foreclosure Corporation
Bought by
Phh Mortgage Corporation

Purchase Details

Closed on
Sep 8, 2000
Sold by
West Donald W and West Joyce L
Bought by
Kelly Julia and Kelly Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,498
Interest Rate
8.16%
Mortgage Type
FHA
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
Rbkc Investments Llc -- Continental Title
Smith Brooke -- Continental Title
Smith Tyler -- None Available
Kc1 Property Group Llc Series A 3 -- Continental Title
Phh Mortgage Corporation $66,568 None Available
Kelly Julia -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kc1 Property Group Llc Series A 3 $102,144
Previous Owner Kelly Julia $81,498
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2023 05/22/23 Sold -- -- --
05/11/2023 05/11/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $190,000 +29.3% $220 / Sq Ft
12/26/2018 12/26/18 Sold -- -- -- View Prior Sale
11/02/2018 11/02/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $147,000 +276.9% $90 / Sq Ft
08/24/2018 08/24/18 Sold -- -- -- View Prior Sale
08/07/2018 08/07/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $39,000 -- $48 / 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 $2,278 $28,394 $8,465 $19,929
2024 $2,261 $31,542 $7,323 $24,219
2023 $2,261 $31,542 $4,784 $26,758
2022 $1,733 $21,470 $3,973 $17,497
2021 $1,769 $21,470 $3,973 $17,497
2020 $1,696 $20,377 $3,973 $16,404
2019 $1,649 $20,377 $3,973 $16,404
2018 $1,008,630 $17,734 $3,458 $14,276
2017 $1,523 $17,734 $3,458 $14,276
2016 $1,523 $17,290 $3,515 $13,775
2014 $1,455 $16,289 $3,513 $12,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2433785

Heartland MLS

APN: 62-110-08-27-00-0-00-000