NOT LISTED FOR SALE

602 W 6th St Sedalia, MO 65301

Estimated Value: $181,000 - $396,000

-- Bed
4 Baths
-- Sq Ft
6,360 Sq Ft Lot

Last Sold December 16, 2022

Current estimated payment $1,344/month

35 Days on Market

About This Home

As of December 2022

OWNER FINANCING POSSIBLE! CHECK OUT THIS FOUR-PLEX WITH A MONTHLY GROSS INCOME OF 2,860 AND AN ANNUAL CAP RATE OF 13.9 PERCENT! Have you heard about the shortage of rental properties in Sedalia? This is a fantastic opportunity to take advantage of this rental market as a new venture, or add to your existing portfolio with this profitable gem. This building has been completely remodeled in the last 18 months. The apartments are spacious, attractive and have been very quick to rent. It currently has 100 percent occupancy and 12-month leases. There are 3 one- bedroom units and 1 studio apartment. Each unit has separate gas and electric panels. A refrigerator, range and window air conditioning unit are provided with each apartment. LIMITED SHOWING TIMES AVAILABLE. CHECK WITH YOUR AGENT. Seller will provide more financials upon receipt of proof of funds bank letter or loan qualification letter. Contact a realtor for showings: Do not disturb tenants without an appointment.

Last Agent to Sell the Property

Lynne Browning

Coldwell Banker Freedom Group License #1999144325 Listed on: 09/23/2022

Coldwell Banker Freedom Group

Last Buyer's Agent

Craig and Sue Guffin

MO-KAN Land and Home Realty License #1999118019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 53x140

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Thermal Pane Windows
  • Oven or Range

Utilities

  • Window Unit Cooling System
  • Separate Meters

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$606

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Estimated Age: 123
  • Estimated Year Built: 1900
  • Class: Multifamily
  • Lvt Date: 09/23/2022
  • Section: 4
  • Streets: Asphalt, Curbs & Gutters
  • Style: 2 Story
  • Type: Fourplex
  • Construction: Frame
  • Bathrooms Per Unit: One
  • Entrances: Private
  • Number Of Studio: 1
  • Parking Per Unit: One
  • Second Address Number: 602
  • Directions: East on Broadway. Turn North on S. Missouri. Located on corner of 6th and S. Missouri.
  • Geo Address Line: 602 W 6th St
  • Geo Longitude: -93.234062364418
  • Geo Primary City: Sedalia
  • Geo Quality: 1
  • Geo Subdivision: MO
  • Geo Zoom Level: 19
  • OFFICELIST_STATE: MO
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Windows: Thermopane
  • Appliances: All Apartments, Oven/Range, Refrigerator

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric Supplier: Evergy
  • Gas Supplier: Liberty
  • Utilities: City Gas, City Sewer, City Water, Separate Gas Meters, Separate Electric Meters
  • Cooling: 1 Window Unit Per Apt

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Size: 53x140
  • Geo Update Timestamp: 2022-09-23

Rental Info

  • Tenant Pays: Electric, Gas

Tax Info

  • RE Taxes: 295.29

Multi Family

  • Number Of Units: 4
  • Number Of1 Bedroom Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Dec 16, 2022
Sold by
Demasters Andrew S
Bought by
Miller Jerian
Seller's Agent
Lynne Browning
Coldwell Banker Freedom Group
Buyer's Agent
Craig and Sue Guffin
MO-KAN Land and Home Realty
List Price
$199,900
Views
16
Current Estimated Value
$236,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$169,700
Outstanding Balance
$164,955
Interest Rate
6.36%
Mortgage Type
Construction
Estimated Equity
$33,045
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
Miller Jerian $212,125 Landmann Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jerian $169,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold -- -- --
09/23/2022 09/23/22 For Sale $199,900 -- --
Source: West Central Association of REALTORS® (MO)

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
2024 $606 $9,800 $1,170 $8,630
2023 $606 $9,800 $1,170 $8,630
2022 $298 $4,850 $1,070 $3,780
2021 $295 $4,850 $1,070 $3,780
2020 $295 $4,850 $1,070 $3,780
2019 $293 $5,030 $1,850 $3,180
2017 $305 $5,030 $1,850 $3,180
2016 $302 $5,030 $1,850 $3,180
2015 $303 $5,030 $1,850 $3,180
2014 $330 $5,560 $1,850 $3,710
2013 -- $5,560 $1,850 $3,710
Source: Public Records

Agents Affiliated with this Home

  • Lynne Browning

    Seller's Agent in 2022

    Lynne Browning

    Coldwell Banker Freedom Group

    (660) 221-1942

    28 Total Sales

    Section Image
  • Craig and Sue Guffin

    Buyer's Agent in 2022

    Craig and Sue Guffin

    MO-KAN Land and Home Realty

    (660) 287-7993

    37 Total Sales

    Section Image
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Map

Source: West Central Association of REALTORS® (MO)

MLS Number: 93541

West Central Association of REALTORS® (MO)

APN: 152004154011000

Missouri Pettis County Sedalia 65301

602 W 6th St, Sedalia, MO

This home is located at 602 W 6th St, Sedalia, MO 65301 since 23 September 2022 and is currently estimated at $272,667. This property was built in 1900. 602 W 6th St is a home located in Pettis County with nearby schools including Smith-Cotton Junior High School, Smith-Cotton High School, and Sacred Heart School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

West Central Association of REALTORS® (MO) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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