NOT LISTED FOR SALE

701 and 703 West Main St Unit A/B Union, MO 63084

Estimated Value: $146,164 - $222,000

-- Bed
1 Bath
1,900 Sq Ft
$92/Sq Ft Est. Value

Last Sold January 31, 2022

Current estimated payment $1,038/month

34 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Mini Split Air Conditioners

About This Home

As of January 2022

Calling all investors! Here's an opportunity to add to your real estate portfolio! 2 buildings - 4 apartments total. Three of the four apartments are efficiency 1 bedroom, 1 bath units and one unit is a 2 bedroom, 1 bath. 701A/B have long standing tenants currently on month-to-month leases. 703 A/B recently rented with 1 year lease agreements in place. Both buildings have a newer roof (3 years old). 703 A/B have been renovated with newer flooring, doors, paint, and remodeled kitchen and baths. New electric furnace installed in 701B (2 years old). Owner maintains lawn care and propane. Tenant's pay all utilities except units that have propane heat (propane is included in rent). Conveniently located and easily rented. Property is being sold "as-is", seller to make no repairs or warranties. Do not disturb tenants. Showings upon accepted contract. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Michelle Otten

RE/MAX Today License #2003001340 Listed on: 12/27/2021

RE/MAX Today

Last Buyer's Agent

Brandon Price

Koehn, REALTORS License #2013023998

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $893

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Ceiling Fan

Parking

  • Off-Street Parking
  • Unassigned Parking

Schools

  • Central Elem. Elementary School
  • Union Middle School
  • Union High School

Utilities

  • Mini Split Air Conditioners
  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Propane
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, sewer, trash removal, water
  • Assessor Parcel Number 17-8-270-3-001-007000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$893

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Union
  • Special Description: Rehabbed
  • Age: 72
  • Ownership: Private
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: No Basement/Slab
  • Square Footage: 1900

Exterior Features

  • Propane Tank: Leased
  • Construction: Frame, Vinyl Siding

Garage/Parking

  • Parking: Off Street, Unassigned

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas
  • Cooling: 2 Window/Wall, Ceiling Fan, Individual Units
  • Heating: Forced Air

Schools

  • School District: Union R-XI
  • Elementary School: Central Elem.
  • Middle School: Union Middle
  • High School: Union High
  • Elementary School: Central Elem.
  • Junior High School: Union Middle
  • School District: Union R-XI
  • Senior High School: Union High

Lot Info

  • Lot Dimensions: 00X00
  • Lot Number: 14
  • Lot Sq Ft: 10454
  • Acres: 0.2400

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Electric, Sewer, Trash Removal, Water

Multi Family

  • Gross Operating Income: 22620.00
  • Units: 4
  • Total Expenses: 4853.00
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1523
  • Assessor Parcel Number: 17-8-270-3-001-007000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Jan 31, 2022
Sold by
Anderson and Linda
Bought by
Price Rentals Llc
Seller's Agent
Michelle Otten
RE/MAX Today
Buyer's Agent
Brandon Price
Koehn, REALTORS
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$174,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,459
Avg. Annual Appreciation
-2.06%
Original Mortgage
$148,000
Outstanding Balance
$138,580
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$33,563
Source: Public Records

Range of Values:

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Average Value
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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
Price Rentals Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Rentals Llc $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold -- -- --
01/31/2022 01/31/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $199,900 -- $105 / Sq Ft
Source: MARIS 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 $893 $14,818 $0 $0
2023 $893 $14,818 $0 $0
2022 $785 $12,998 $0 $0
2021 $786 $12,998 $0 $0
2020 $727 $11,831 $0 $0
2019 $726 $11,831 $0 $0
2018 $675 $11,552 $0 $0
2017 $677 $11,552 $0 $0
2016 $696 $11,618 $0 $0
2015 $685 $11,618 $0 $0
2014 $694 $11,751 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21088325

MARIS MLS

APN: 17-8-270-3-001-008000