NOT LISTED FOR SALE

Estimated Value: $144,000 - $256,000

7 Beds
4 Baths
3,712 Sq Ft
$53/Sq Ft Est. Value

Last Sold May 26, 2017

Current estimated payment $1,336/month

About This Home

As of May 2017

CASH FLOW POSITIVE!! Well maintained with many updates. 4 plex with all units leased at $450-$550/month for 1 year. Close proximity to Kansas City Community College, shopping and major highways. Wonderful investment opportunity w/positive cash flow!! Two upstairs (2br) units have exterior door leading to parking lot. Owner pays electricity in common area, water and hot water heater. Tenants pay for trash, lights, & gas.

Last Agent to Sell the Property

Jeff Barber

JLB Realty License #BR00223856 Listed on: 05/09/2017

Last Buyer's Agent

Non MLS

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1976

Lot Details

  • 8,712

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 017072

Community Details

Overview

  • 4 Units
  • Redwood Gardens Subdivision

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,118

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 41-50 Years
  • Legal Description: REDWOOD GARDENS & 0171 & 0172, S9, T11, R24, ACRES 0.200000, B9 L5 TO L8
  • Package: No
  • Year Built: 1976
  • 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: Jeff Barber
  • List Office Mls Id: JOCO01
  • List Office Name: Kansas City Regional Homes Inc
  • List Office Phone: 913-538-6900
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 5800
  • Special Documents Required: No
  • Tax Total Amount: 2118
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition, Other
  • Construction Materials: Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

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: Owner Manager

Schools

  • School District: Kansas City Ks

Lot Info

  • In Floodplain: Unknown
  • Zoning: UKN
  • Parcel Number: 017072
  • Subdivision Name: Redwood Gardens

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 24000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Electricity, Real Estate Tax, Refuse Collection, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2118.00

MLS Schools

  • School District: Kansas City Ks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Ashton Joseph Enterprises Llc
Bought by
700N70th Llc
Current Estimated Value
$195,667

Purchase Details

Closed on
Nov 12, 2019
Sold by
Wyco Land Holdings Llc
Bought by
Ashton Joseph Enterprises Llc

Purchase Details

Listed on
May 9, 2017
Closed on
Jul 1, 2017
Sold by
Jmc Holdings Llc
Bought by
Wrcd Land Holdings Llc
Seller's Agent
Jeff Barber
JLB Realty
Buyer's Agent
Non MLS
Non-MLS Office
List Price
$114,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Jan 17, 2006
Sold by
Rackham Glen R and Rackham Cindy
Bought by
Meidinger Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
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
700N70th Llc -- Platinum Title Llc
Ashton Joseph Enterprises Llc $120,000 None Available
Wrcd Land Holdings Llc -- None Available
Meidinger Randy -- Homestead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 700N70th Llc $456,000
Previous Owner Meidinger Randy $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold -- -- --
05/09/2017 05/09/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $114,950 -- $31 / 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 $3,238 $21,700 $2,893 $18,807
2023 $2,408 $14,686 $2,651 $12,035
2022 $1,820 $11,109 $2,508 $8,601
2021 $1,799 $10,592 $1,747 $8,845
2020 $2,336 $13,709 $1,636 $12,073
2019 $2,328 $13,440 $1,648 $11,792
2018 $2,166 $12,800 $1,562 $11,238
2017 $2,456 $12,237 $1,562 $10,675
2016 $2,140 $12,237 $1,562 $10,675
2015 $2,235 $12,237 $1,562 $10,675
2014 $1,742 $12,237 $0 $12,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2045282

Heartland MLS

APN: 017072