NOT LISTED FOR SALE

701 Broad St Warrensburg, MO 64093

Estimated Value: $194,000 - $233,000

Studio
-- Bath
1,632 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 12, 2016

Current estimated payment $1,219/month

94 Days on Market

About This Home

As of August 2016

Wanting to get into the rental business? Here's an opportunity to get started with little investment and a good return. Property has (2) one bedroom units on the main level that rent for $350 each, and a studio/loft apartment upstairs that rents for $400 per month, plus a basement for storage. Property is conveniently located just off of the intersection of Mitchell and Broad Street, and sits back behind the house at 701 Broad.

Last Agent to Sell the Property

LAURA SMITH

Midwest Realty & Auction License #2004012941 Listed on: 03/22/2016

Last Buyer's Agent

Patty Schnakenberg

Homestead 3 Realty License #1999007569

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $844

Year Built

  • Built in 1930

Lot Details

  • Private Entrance

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 3-Story Property
  • Combination Kitchen and Dining Room
  • Basement

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units
  • Broadview Subdivision

Building Details

  • Gross Income $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$844

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Age Description: 76-100 Years
  • Legal Description: actual address is 701 1/2 Broad Street
  • Package: No
  • Year Built: 1930
  • Dining Area Features: Kit/Dining Combo
  • Down Payment Deprecated: No
  • 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: Laura Smith
  • List Office Mls Id: ELSB
  • List Office Name: Elsberry Realty
  • List Office Phone: 660-747-9129
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 844
  • Special Documents Required: No
  • Tax Total Amount: 844
  • Unit Type: 1 Bedroom, Efficiency
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Private Entry
  • Basement: Yes
  • Stories: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Block

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Wall Furnace
  • Sewer: City/Public
  • Telecommunications: High Speed Internet - Available
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Lot Info

  • In Floodplain: Unknown
  • Zoning: R3
  • Parcel Number: 999999
  • Subdivision Name: Broadview

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 3

Multi Family

  • Gross Income: 1100
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 844.00

MLS Schools

  • School District: Warrensburg R-VI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2016
Closed on
Aug 12, 2016
Sold by
Owings Paul H
Bought by
Tiger Pride Properties Llc
Seller's Agent
LAURA SMITH
Midwest Realty & Auction
Buyer's Agent
Patty Schnakenberg
Homestead 3 Realty
List Price
$64,500
Current Estimated Value
$217,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.21%
Original Mortgage
$45,000
Outstanding Balance
$28,360
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$189,174
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tiger Pride Properties Llc -- Jctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiger Pride Properties Llc $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold -- -- --
06/24/2016 06/24/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $64,500 -- $40 / 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 $982 $12,856 $0 $0
2023 $982 $12,856 $0 $0
2022 $948 $12,364 $0 $0
2021 $945 $12,364 $0 $0
2020 $918 $11,873 $0 $0
2019 $917 $11,873 $0 $0
2017 $915 $11,873 $0 $0
2016 $843 $11,873 $0 $0
2015 $866 $11,873 $0 $0
2014 $751 $11,873 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1982033

Heartland MLS

APN: 11401903011009100