NOT LISTED FOR SALE

507 N Austin St Oak Grove, MO 64075

Estimated Value: $324,000 - $354,229

6 Beds
4 Baths
-- Sq Ft
9,611 Sq Ft Lot

Last Sold April 12, 2022

Current estimated payment $2,147/month

23 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property
  • Central Air

About This Home

As of April 2022

Great investment opportunity with tenants in place (do not approach and do not disturb). Can be sold as a package with 2368375 & 2368370 with 5 out of 6 units currently rented, gross volume can be $6600/month when fully rented. Property is being offered As-Is.

Last Agent to Sell the Property

Nate Watermeier

License #00245532 Listed on: 03/05/2022

Last Buyer's Agent

Mindy Templeton

1st Class Real Estate KC License #2021008046

1st Class Real Estate KC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1999

Lot Details

  • 9,611

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 9,611 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 38-630-09-05-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Windwood Subdivision

Building Details

  • Gross Income $23,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,773

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 21-30 Years
  • Legal Description: WINDWOOD 6TH PLAT LOT 100
  • Package: Optional
  • Year Built: 1999
  • 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: Nate Watermeier
  • List Office Mls Id: CANO
  • List Office Name: Canopy Road Real Estate LLC
  • List Office Phone: 816-521-6999
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 4043
  • Special Documents Required: No
  • Tax Total Amount: 2773
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Other

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Unknown-Verify
  • Utilities: Other
  • Cooling: Yes
  • Water Source: Unknown - Verify

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Schools

  • School District: Oak Grove

Lot Info

  • In Floodplain: Unknown
  • Zoning: RES
  • Lot Size Area: 9611.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 9611.00
  • Parcel Number: 38-630-09-05-00-0-00-000
  • Subdivision Name: Windwood

Rental Info

  • Existing Lease Terms: Other

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 23100
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Other, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2773.00

MLS Schools

  • School District: Oak Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Apr 12, 2022
Sold by
James Umentum Bart and Leigh Kerri
Bought by
Maple Springs Investments Llc
Seller's Agent
Nate Watermeier
Buyer's Agent
Mindy Templeton
1st Class Real Estate KC
List Price
$292,000
Current Estimated Value
$341,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Federal National Mortgage Association
Bought by
Umentum Bart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 6, 2011
Sold by
Vorthec Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 9, 1998
Sold by
Beesto Development Co Inc
Bought by
Frazon James J and Frazon Judy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,093
Interest Rate
6.95%
Mortgage Type
Construction
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
Maple Springs Investments Llc -- Secured Title
Umentum Bart -- Continental Title
Federal National Mortgage Association $117,175 None Available
Frazon James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Umentum Bart $86,250
Previous Owner Frazon James J $83,093
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold -- -- --
03/28/2022 03/28/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $292,000 -- --
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 $3,984 $44,475 $7,140 $37,335
2024 $3,946 $51,287 $4,862 $46,425
2023 $3,946 $51,287 $3,948 $47,339
2022 $2,835 $33,630 $2,613 $31,017
2021 $2,773 $33,630 $2,613 $31,017
2020 $2,498 $29,507 $2,613 $26,894
2019 $2,376 $29,507 $2,613 $26,894
2018 $2,130 $27,747 $10,009 $17,738
2017 $2,130 $27,747 $10,009 $17,738
2016 $2,142 $27,053 $3,826 $23,227
2014 $2,140 $27,053 $3,826 $23,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2368373

Heartland MLS

APN: 38-630-09-05-00-0-00-000