NOT LISTED FOR SALE

Estimated Value: $202,000 - $230,292

8 Beds
4 Baths
1,292 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 18, 2021

Current estimated payment $1,334/month

7 Days on Market

Highlights

  • Deck
  • Paved or Partially Paved Lot
  • 1-Story Property
  • Central Heating and Cooling System
  • Carpet

About This Home

As of February 2021

Cash flowing, well-maintained, turn-key duplexes with long-term MHDC tenants in place. Each duplex is approximately 1292 square feet and has two one-bedroom, one-bathroom units. Rental ranges average approx $400-$450/month. Annual gross income is over $20,000. Requests for annual rent increases are allowed under MHDC program. Huge parking lot in front of duplexes for off-street parking and beautiful new decks off the back. Full occupancy + room to improve rents. Best value in the area for 4 occupied rental units.

Last Agent to Sell the Property

Ashley Habiger

KW KANSAS CITY METRO License #SP00237637 Listed on: 11/03/2020

KW KANSAS CITY METRO

Last Buyer's Agent

Fiona Grant Smith

Keller Williams Platinum Prtnr License #2007037535

Keller Williams Platinum Prtnr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 1997

Lot Details

  • 0.4 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Ott Elementary School
  • William Chrisman High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 26-120-07-15-00-0-00-000

Community Details

Overview

  • 4 Units
  • East Independence Subdivision

Building Details

  • Gross Income $20,190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,503

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 21-30 Years
  • Legal Description: EAST INDEPENDENCE LOTS 17 & 18 BLK 5
  • Restrictions: Call Listing Office, Other
  • Package: No
  • Year Built: 1997
  • Senior Community: 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: Ashley Habiger
  • List Office Mls Id: KW12
  • List Office Name: Keller Williams Plaza Partners
  • List Office Phone: 816-381-2700
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 9260
  • Other Room Features: Private Bath
  • Special Documents Required: Yes
  • Tax Total Amount: 1503
  • Unit Type: 1 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Flooring: Carpeted Floors
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: Septic
  • Utilities: Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public - Verify

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Independence
  • Elementary School: Ott
  • Middle School: Bridger
  • High School: William Chrisman
  • Middle/Junior School: Bridger

Lot Info

  • In Floodplain: Unknown
  • Zoning: RES
  • Lot Size Area: 0.40
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 17424.00
  • Parcel Number: 26-120-07-15-00-0-00-000
  • Subdivision Name: East Independence

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 20190
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Accounting, Legal, Maintenance, Property Insurance, Real Estate Tax, Refuse Collection

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1503.00

MLS Schools

  • Elementary School: Ott
  • School District: Independence
  • High School: William Chrisman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Third Street Development Lp
Bought by
Arm Ventures Llc
Current Estimated Value
$219,073
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
Arm Ventures Llc -- Platinum Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold -- -- --
11/10/2020 11/10/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $149,500 -- $116 / Sq Ft
11/03/2020 11/03/20 Off Market -- -- --
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 $2,061 $30,442 $2,341 $28,101
2023 $2,061 $30,442 $1,628 $28,814
2022 $1,810 $24,510 $2,089 $22,421
2021 $1,810 $24,510 $2,089 $22,421
2020 $1,628 $21,428 $2,089 $19,339
2019 $1,602 $21,428 $2,089 $19,339
2018 $1,461 $18,649 $1,818 $16,831
2017 $1,438 $18,649 $1,818 $16,831
2016 $1,438 $18,182 $2,280 $15,902
2014 $1,407 $18,182 $2,280 $15,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2250984

Heartland MLS

APN: 26-120-07-15-00-0-00-000