NOT LISTED FOR SALE

512 NE Corder St Lees Summit, MO 64063

Estimated Value: $247,000 - $292,000

6 Beds
4 Baths
1,378 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 24, 2024

Current estimated payment $1,667/month

11 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Paved or Partially Paved Lot
  • Bernard C. Campbell Middle School Rated A-
  • Private Entrance
  • 1-Story Property

About This Home

As of October 2024

Looking for an investment property or live one side and lease out the other? Both sides are currently rented to Section 8 tenants. Current rents are well under market value and have room to be increased to make this a nice cash flowing investment. Newer roof, HVAC and hot water heaters. In the heart of Lee's Summit. Great location! This would be a great one to add to your rental portfolio. Don't wait!

Last Agent to Sell the Property

Richard Deich

Real Broker, LLC Brokerage Phone: 913-832-2983 License #SP00226033 Listed on: 08/31/2024

Real Broker, LLC

Last Buyer's Agent

Kim Lock

KW KANSAS CITY METRO License #2008032819

KW KANSAS CITY METRO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,893

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • Private Entrance
  • Paved or Partially Paved Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector

Schools

  • Meadow Lane Elementary School
  • Lee's Summit North High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 61-210-08-03-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hamel Heights Subdivision

Building Details

  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,893

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1965
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Richard Deich
  • Listing Service: Full Service
  • List Office Mls Id: HMSKW05
  • List Office Name: KW Diamond Partners
  • List Office Phone: 913-322-7500
  • Mls Status: Sold
  • Operating Expense: 2893
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Restrictions: Dishwasher,Refrigerator,Selling As Is,Stove
  • Attribution Contact: 913-832-2983
  • Special Features: None

Interior Features

  • Interior Amenities: Private Entry
  • Basement: Yes
  • Laundry Features: In Basement
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Platinum Title

Schools

  • Middle/Junior School: Bernard Campbell
  • Junior High Dist: Lee's Summit

Lot Info

  • Zoning: RP-2
  • Building Area Total: 1378
  • Lot Size Sq Ft: 12196.8
  • Parcel Number: 61-210-08-03-00-0-00-000
  • Subdivision Name: Hamel Heights
  • ResoLotSizeUnits: Acres
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: Month To Month

Multi Family

  • Gross Income: 22200
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2893
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Meadow Lane
  • High School: Lee's Summit North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Oct 22, 2024
Sold by
Ringgenberg Mike and Ringgenberg Janelle
Bought by
Crawford Brothers Properties Llc
Seller's Agent
Richard Deich
Real Broker, LLC
Buyer's Agent
Kim Lock
KW KANSAS CITY METRO
List Price
$295,000
Views
11
Current Estimated Value
$273,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.74%
Original Mortgage
$224,000
Outstanding Balance
$160,013
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$113,879

Purchase Details

Closed on
Mar 24, 2014
Sold by
Cabc Investments Llc
Bought by
Ringgenberg Mike and Ringgenberg Janelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Watson Charles N and Watson Patricia
Bought by
Cabc Investments Llc
Source: Public Records
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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
Crawford Brothers Properties Llc -- Platinum Title
Ringgenberg Mike -- Accurate Title Company Llc
Cabc Investments Llc -- Boulevard Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Brothers Properties Llc $224,000
Previous Owner Ringgenberg Mike $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold -- -- --
09/11/2024 09/11/24 Pending -- -- --
08/31/2024 08/31/24 For Sale $295,000 -- $214 / Sq Ft
Source: Heartland MLS

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 $2,914 $30,153 $8,128 $22,025
2024 $2,893 $40,356 $7,391 $32,965
2023 $2,893 $40,357 $9,377 $30,980
2022 $1,841 $22,800 $2,339 $20,461
2021 $1,879 $22,800 $2,339 $20,461
2020 $1,664 $19,996 $2,339 $17,657
2019 $1,618 $19,996 $2,339 $17,657
2018 $1,518 $17,403 $2,036 $15,367
2017 $1,518 $17,403 $2,036 $15,367
2016 $1,495 $16,967 $2,793 $14,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2507860

Heartland MLS

APN: 61-210-08-03-00-0-00-000