NOT LISTED FOR SALE

6200 E 155th St Grandview, MO 64030

Estimated Value: $156,000 - $226,000

4 Beds
2 Baths
1,232 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 08, 2019

Current estimated payment $1,174/month

5 Days on Market

About This Home

As of May 2019

Fabulous duplex investment in a rising neighborhood! Best property on the block - Unit B tenant just renewed lease for $600/mo. Seller renovated A unit but is holding vacant for showings. Fantastic Cash Flow! Would be great for an owner occupant to live in one side and lease the other! 10.12% cap rate and 20.82% cash on cash return based on pro-forma in supplements! Where can you find that in this market? Actual expenses lower than pro forma last 2 years. Members of ownership are Missouri licensed RE professionals. Multiple offers received - BEST AND FINAL OFFERS due to listing agent by Monday 4/22 at 9am.

Last Agent to Sell the Property

Gary O'Dell

Green Spire Real Estate LLC License #2002032264 Listed on: 04/17/2019

Last Buyer's Agent

Raymond Orellano

Scudo Realty LLC License #2009034290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1964

Lot Details

  • 7,710

Home Design

  • Duplex
  • Composition Roof
  • Shingle Siding

Parking

  • Paved Parking
  • Off-Street Parking

Additional Features

  • 1-Story Property
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 67-730-18-28-00-0-00-000
  • Property eligible for a tax abatement

Community Details

Overview

  • 2 Units
  • Belvidere Heights Subdivision

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$689

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: BELVIDERE HEIGHTS ADD LOT 635
  • Package: Optional
  • Year Built: 1964
  • 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: Gary O Dell
  • List Office Mls Id: GSRE
  • List Office Name: Green Spire Real Estate LLC
  • List Office Phone: 816-287-0055
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 4082
  • Special Documents Required: No
  • Tax Total Amount: 689
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Shingle/Shake

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Other
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Grandview

Lot Info

  • In Floodplain: Unknown
  • Parcel Number: 67-730-18-28-00-0-00-000
  • Subdivision Name: Belvidere Heights

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 14400
  • Operating Expenses Include: Advertising, Maintenance, Other, Property Insurance, Property Mgmt

Tax Info

  • Tax Abatement: Yes
  • Tax Annual Amount: 689.00

MLS Schools

  • School District: Grandview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 3, 2019
Sold by
Westvale Circle Llc
Bought by
Comerica Bank and Qi For Magnolia Investments Llc
Seller's Agent
Gary O'Dell
Green Spire Real Estate LLC
Buyer's Agent
Raymond Orellano
Scudo Realty LLC
List Price
$96,340
Sold Price
$105,200
Premium/Discount to List
$8,860
9.2%
Current Estimated Value
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,800
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
Jul 23, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Westvale Circle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
4.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 20, 2010
Sold by
Little David N and Little Shelly E
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 30, 2002
Sold by
Seckington Jack E
Bought by
Little David N and Little Shelly E
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
Comerica Bank -- None Available
Westvale Circle Llc -- First American Title
Deutsche Bank National Trust Company $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnolia Investments Llc $397,150
Previous Owner Westvale Circle Llc $40,800
Previous Owner Little Shelly E $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold -- -- --
04/22/2019 04/22/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $96,340 -- $78 / 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
2024 $1,647 $20,604 $2,951 $17,653
2023 $1,647 $20,604 $1,999 $18,605
2022 $1,485 $17,290 $6,593 $10,697
2021 $1,483 $17,290 $6,593 $10,697
2020 $1,223 $15,099 $6,593 $8,506
2019 $1,179 $15,099 $6,593 $8,506
2018 $669 $7,972 $1,088 $6,884
2017 $666 $7,972 $1,088 $6,884
2016 $666 $7,773 $1,778 $5,995
2014 $676 $7,773 $1,778 $5,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2159797

Heartland MLS

APN: 67-730-18-28-00-0-00-000