NOT LISTED FOR SALE

Estimated Value: $290,204 - $366,000

4 Beds
2 Baths
1,896 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2024

Current estimated payment $1,939 / mo

32 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Garage
  • Bernard C. Campbell Middle School Rated A-
  • Forced Air Heating and Cooling System
  • Utility Room

About This Home

As of June 2024

Experience the pinnacle of living with a full duplex in Lee Summit! This well located property features two bedrooms 1.5 baths, a single car garage and a spacious deck overlooking the lush backyard in each unit! The split level floor plan offers ample space with two living areas or convert the basement to an extra bedroom area. Each unit has a separate laundry room, and a one-car garage. Conveniently located near Banner Park, dining, shopping, and the Lee Summit school district. Don't miss out on this investment opportunity! Both units are currently occupied. Tenants pay all own utilities. Side A rent is $1200 per month with a lease that ends 4/24. It has original finishes and long term tenant. Side B has been nicely updated and rents for $1313 per month with a lease that renews 1/25. The same floorpan on this street is currently achieving $1450 on a new lease with an updated unit.

Last Agent to Sell the Property

Michelle Lutz

Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 03/22/2024

Last Buyer's Agent

Michelle Lutz

Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 03/22/2024

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,992

Year Built

  • Built in 1966

Lot Details

  • 12,435 Sq Ft Lot

Parking

  • Garage

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,896 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement
  • Laundry in Basement

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 61-220-24-07-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Michael Manor Subdivision

Building Details

  • Gross Income $30,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,992

Year Built

Built in 1966

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1966
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Michelle Lutz
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Sold
  • Operating Expense: 3992
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 913-426-5576
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: In Basement, Utility Room
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Veneer, Vinyl Siding

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: City/Public - Verify

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Fee Information

  • Deposit: First American Title

Schools

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

Lot Info

  • Zoning: DUPLEX
  • Building Area Total: 1896
  • Lot Size Sq Ft: 12435
  • Parcel Number: 61-220-24-07-00-0-00-000
  • Subdivision Name: Michael Manor
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 30156
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3992
  • Tax Abatement YN: 0

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 6, 2024
Sold by
Bought by
Seller's Agent
Michelle Lutz
Lutz Sales + Investments
Buyer's Agent
Michelle Lutz
Lutz Sales + Investments
List Price
$365,000
Views
84
Current Estimated Value
$325,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.94%

Purchase Details

Closed on
Jul 27, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,720,000
Previous Owner $970,027
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold -- -- --
04/24/2024 04/24/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $365,000 -- $193 / Sq Ft
Source: Heartland MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,827 $25,128 $8,157 $16,971
2024 $3,992 $55,689 $10,051 $45,638
2023 $3,992 $55,689 $8,808 $46,881
2022 $1,534 $19,000 $8,151 $10,849
2021 $1,566 $19,000 $8,151 $10,849
2020 $1,502 $18,050 $8,151 $9,899
2019 $2,299 $28,401 $8,151 $20,250
2018 $1,360 $15,591 $1,824 $13,767
2017 $1,339 $15,591 $1,824 $13,767
2016 $1,339 $15,200 $2,280 $12,920
2014 $1,366 $15,200 $2,787 $12,413
Source: Public Records

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Map

Source: Heartland MLS

MLS Number: 2478686

Heartland MLS

APN: 61-220-24-07-00-0-00-000

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