NOT LISTED FOR SALE

610 NW Fieldcrest Dr Lees Summit, MO 64081

Estimated Value: $250,000 - $338,000

4 Beds
2 Baths
1,247 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 27, 2024

Current estimated payment $1,590/month

2 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Cedar Creek Elementary School Rated A

About This Home

As of August 2024

An excellent investment opportunity in the heart of Lee’s Summit, Missouri! This well-maintained duplex offers 2 bed and 1 bath units with a continuously increasing rental demand. The duplex is located 1 mile west of the Hwy 50 and Chipman interchange, next to major retail and immediately adjoining new construction multifamily development within the highly rated Lees Summit School District and Cedar Creek Elementary boundary. One intentionally vacant unit to accommodate showings with qualified tenants ready to rent, and the other unit rented at $1,060 per month offering a potential annual gross income of $25,440.

The duplex is on a large corner lot with ample yard space and parking. The current lease has the tenant responsible for utilities and trash service, as well as lawn mowing, maintenance, and snow removal. There are no outstanding maintenance items, and all rents are paid and current. The owner and property management company have diligently maintained the property in great condition during the last 8 years of ownership. Don’t overlook this strong investment opportunity as it will not last long!

Last Agent to Sell the Property

Will Wiest

Midwest Land Group Brokerage Phone: 816-703-9066 License #2014042751 Listed on: 07/18/2024

Midwest Land Group

Last Buyer's Agent

Bryan Parrish

Keller Williams Realty Partners Inc. License #2006038418

Keller Williams Realty Partners Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1962

Lot Details

  • 9,604 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,247 Sq Ft Home
  • 1-Story Property
  • Built-In Electric Oven

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Schools

  • Cedar Creek Elementary School
  • Lee's Summit High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 62-220-02-20-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Westvale Add Subdivision

Building Details

  • Gross Income $25,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,631

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1962
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Will Wiest
  • Listing Service: Full Service
  • List Office Mls Id: HMSMIGP
  • List Office Name: Midwest Land Group
  • List Office Phone: 913-674-8010
  • Mls Status: Sold
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Phone Other: 8167039066
  • Package: No
  • Attribution Contact: 816-703-9066
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Built-In Electric Oven, Washer
  • Basement: No
  • Laundry Features: Inside
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Slab Construction, Vinyl Siding
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Cooling: Electric
  • Heating: Electric, Natural Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association Name: N/A
  • Association: No

Fee Information

  • Deposit: Coffelt Land Title

Schools

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

Lot Info

  • Zoning: RES
  • Building Area Total: 1247
  • Lot Size Sq Ft: 9604
  • Parcel Number: 62-220-02-20-00-0-00-000
  • Subdivision Name: Westvale Add
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 25440
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 1631
  • Tax Abatement YN: 0
  • Tax Comment: 0

MLS Schools

  • Elementary School: Cedar Creek
  • High School: Lee's Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 19, 2024
Sold by
3 Arrows Property Llc
Bought by
Parrish Re Properties Llc
Seller's Agent
Will Wiest
Midwest Land Group
Buyer's Agent
Bryan Parrish
Keller Williams Realty Partners Inc.
List Price
$250,000
Views
14
Current Estimated Value
$277,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$187,500
Outstanding Balance
$185,337
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$92,638

Purchase Details

Closed on
Jan 10, 2019
Sold by
Eagleburger Investment Llc
Bought by
3 Arrows Property Llc

Purchase Details

Closed on
Feb 13, 2017
Sold by
Eagleburger Kent W and Eagleburger Megan M
Bought by
Eagleburger Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2017
Sold by
Kopoulos Barbara P and Kopoulos Charles P
Bought by
Eagleburger Kent W and Eagleburger Megan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2004
Sold by
Kopoulos Charles P and Kopoulos Barbara
Bought by
Kopoulos Charles P and Kopoulos Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Jp Morgan Chase Bank
Bought by
Kopoulos Charles P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2004
Sold by
Schultz Michael and Schultz Patricia A
Bought by
Jp Morgan Chase Bank and Equity One Abs Inc Mtge Pass Through Cer

Purchase Details

Closed on
Oct 12, 2001
Sold by
M & R Construction Llc
Bought by
Schultz Michael and Schultz Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,850
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2001
Sold by
Westvale Properties Ltd
Bought by
M & R Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,850
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parrish Re Properties Llc -- Coffelt Land Title
3 Arrows Property Llc -- None Available
Eagleburger Investment Llc $76,000 Chicago Title
Eagleburger Kent W -- Chicago Title
Kopoulos Charles P -- First American Title Ins Co
Kopoulos Charles P -- First American Title Ins Co
Jp Morgan Chase Bank $100,100 --
Schultz Michael -- Metro One Title
M & R Construction Llc $89,500 Metro One Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrish Re Properties Llc $187,500
Previous Owner Eagleburger Kent W $48,750
Previous Owner Kopoulos Charles P $74,400
Previous Owner Schultz Michael $139,850
Previous Owner M & R Construction Llc $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold -- -- --
07/21/2024 07/21/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $250,000 -- $200 / 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 $1,644 $21,859 $14,951 $6,908
2024 $1,632 $22,762 $6,042 $16,720
2023 $1,632 $22,762 $5,867 $16,895
2022 $1,334 $16,530 $6,299 $10,231
2021 $1,362 $16,530 $6,299 $10,231
2020 $1,211 $14,553 $6,299 $8,254
2019 $1,178 $14,553 $6,299 $8,254
2018 $1,195 $13,700 $1,603 $12,097
2016 $1,177 $13,357 $2,280 $11,077
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 2499999

Heartland MLS

APN: 62-220-02-20-00-0-00-000