NOT LISTED FOR SALE

5218 Ditzler Ave Raytown, MO 64133

Estimated Value: $467,000

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Last Sold July 17, 2024

Current estimated payment $2,781/month

49 Days on Market

About This Home

As of July 2024

MAJOR PRICE REDUCTION - MOTIVATED TO SELL!

Welcome to 5218-5240 Ditzler Avenue, Raytown, MO 64133, showcasing two 6-plex buildings
for a total of 12 units.

Built in 1972, this property offers a diverse range of living spaces,
including (6) one-bedroom, one-bathroom units and (6) two-bedroom, one-bathroom units.
Parking is ample, with 20 spaces available in the parking lot and an additional 6 spots along
the curb.
Tenants are responsible for paying utilities such as electricity, gas, water, and internet, while
the owner takes care of services including lawncare, trash removal, sewer, and snow removal.
Recent capital expenditures ensure the property's upkeep, with roofs redone in 2018, furnace
replacements in multiple units, and ongoing updates to appliances as needed. Plumbing is
reliable, featuring copper water supply lines.

Nestled in a tranquil residential area, the property enjoys close proximity to shopping centers
and major roadways, including 350 HWY and I-435. Additionally, it's just a short drive from
popular attractions such as the Kansas City Zoo, Swope Park, Lakeside Nature Center, and
various parks and recreation spots. With its prime location and well-maintained units, this
property presents an excellent investment opportunity for those seeking income-generating
assets in Raytown, Missouri.

Last Agent to Sell the Property

Alex Olson

Legendary Apartment Brokers Brokerage Phone: 816-591-0825 License #2019043249 Listed on: 04/02/2024

Last Buyer's Agent

Non MLS

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,500

Lot Details

  • 0.34 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 32-820-07-38-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Raytown Beach View Subdivision

Building Details

  • Gross Income $14,154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,500

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Alex Olson
  • List Office Mls Id: HMSFOXT
  • List Office Name: XChangeCRE
  • List Office Phone: 573-694-9669
  • Mls Status: Sold
  • Operating Expense: 40221
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 550.00
  • Maintenance Description: Building Exterior,HVAC,Lawn,Roof Repair,Snow Removal
  • Package: No
  • Attribution Contact: 816-591-0825
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

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

Association/Amenities

  • Association: No

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Fee Information

  • Deposit: Superior Title

Schools

  • Junior High Dist: Raytown

Lot Info

  • Zoning: MF
  • Lot Size Sq Ft: 15000
  • Parcel Number: 32-820-07-38-00-0-00-000
  • Subdivision Name: Raytown Beach View
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 12

Rental Info

  • Existing Lease Terms: One Year Lease,Other

Multi Family

  • Gross Income: 14154
  • Current Occupancy Rate: Under 80%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 7500
  • Tax Abatement YN: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jul 16, 2024
Sold by
Redpoint Properties Llc
Bought by
Housing Kc Corp
Seller's Agent
Alex Olson
Legendary Apartment Brokers
Buyer's Agent
Non MLS
Non-MLS Office
List Price
$930,000
Views
72
Current Estimated Value
$467,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.89%
Original Mortgage
$696,000
Outstanding Balance
$687,687
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$220,687

Purchase Details

Closed on
Sep 23, 2021
Sold by
Malees Rentals Llc
Bought by
Redpoint Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Housing Kc Corp -- Superior Title & Escrow
Redpoint Properties Llc -- Superior Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Housing Kc Corp $696,000
Previous Owner Redpoint Properties Llc $728,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold -- -- --
05/22/2024 05/22/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $910,000 -2.2% --
04/02/2024 04/02/24 For Sale $930,000 -- --
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 $4,104 $43,972 $9,367 $34,605
2024 $4,023 $44,897 $8,018 $36,879
2023 $4,023 $44,897 $8,018 $36,879
2022 $3,128 $33,250 $5,936 $27,314
2021 $3,139 $33,250 $5,936 $27,314
2020 $3,019 $31,673 $5,936 $25,737
2019 $3,123 $32,950 $6,175 $26,775
2018 $2,622 $28,652 $4,940 $23,712
2017 $2,622 $28,652 $4,940 $23,712
2016 $2,421 $26,600 $3,800 $22,800
2014 $2,273 $24,700 $3,800 $20,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2479552

Heartland MLS

APN: 32-820-07-38-00-0-00-000