NOT LISTED FOR SALE

716 NE Ball Dr Lees Summit, MO 64086

Estimated Value: $373,000 - $502,000

8 Beds
4 Baths
1,578 Sq Ft
$281/Sq Ft Est. Value

Last Sold August 20, 2021

Current estimated payment $2,766/month

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Utility Room
  • Bernard C. Campbell Middle School Rated A-
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of August 2021

This is what you have been waiting for! This well-maintained fourplex in Lee's Summit is a moneymaker and is ready for a new owner, or even possibly an owner occupant. The units are easy to rent with two bedrooms and one full bathroom. The vacant unit should rent for approximately $750 per month. The vacant unit is easy to show & see. The exterior is well-maintained. The roof is only four years old. All HVAC was replaced in 2011. Units have been kept up to date as tenants have changed over time. Great parking for tenants outfront. Tenants love the great highway access & local amenities like great shopping, restaurants & grocery stores. This fourplex is surrounded by many other investment properties- a desirable rental community in Jackson County. Units also feature in-unit laundry rooms. Call today! Exceptional value for a multi-family property in Lee's Summit.

Last Agent to Sell the Property

YFA Team

Your Future Address, LLC Listed on: 07/13/2021

Co-Listed By

Katie Yeager Stout

Your Future Address, LLC License #BR00231301

Last Buyer's Agent

Michelle Lutz

Lutz Sales + Investments License #SP00239672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,643

Year Built

  • Built in 1985

Lot Details

  • 0.32

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,578 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Utility Room

Schools

  • Meadowlane Elementary School
  • Lee's Summit North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • 0.32 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 52-730-07-24-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Breckenridge Estates Subdivision

Building Details

  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,643

Year Built

Built in 1985

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 31-40 Years
  • Legal Description: 1ST PLAT LOT 6
  • Package: No
  • Year Built: 1985
  • Co List Office Mls Id: YRFA
  • Co List Office Name: Your Future Address, LLC
  • Co List Office Phone: 913-220-3260
  • 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: YFA Team
  • List Office Mls Id: YRFA
  • List Office Name: Your Future Address, LLC
  • List Office Phone: 913-220-3260
  • Mls Status: Sold
  • Operating Expense: 7221
  • Tax Total Amount: 3643
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Prt Window Cover
  • Basement: No
  • Laundry Features: Utility Room
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Wood Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas, Natural Gas
  • Sewer: City/Public
  • Telecommunications: Cable - Available, Fiber - Available, High Speed Internet - Available
  • Utilities: Other
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Schools

  • Middle/Junior School: Bernard Campbell

Lot Info

  • In Floodplain: No
  • Zoning: Multi
  • Building Area Total: 1578.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 13820.00
  • Parcel Number: 52-730-07-24-00-0-00-000
  • Subdivision Name: Breckenridge Estates

Rental Info

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

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 34800
  • Current Occupancy Rate: Under 80%
  • Operating Expenses Include: Maintenance, Personal Prop Tax, Property Insurance, Refuse Collection

Tax Info

  • Tax Annual Amount: 3643.00

MLS Schools

  • Elementary School: Meadowlane
  • School District: Lee's Summit
  • High School: Lee's Summit North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 18, 2021
Sold by
Dmk Investments Llc
Bought by
American Tiger Realty Group Llc
Seller's Agent
YFA Team
Your Future Address, LLC
Buyer's Agent
Michelle Lutz
Lutz Sales + Investments
List Price
$375,000
Current Estimated Value
$442,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$298,000
Outstanding Balance
$270,974
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$171,860

Purchase Details

Closed on
Dec 8, 2017
Sold by
Kohrs Dustin M and Kohrs Megan
Bought by
Dmk Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2017
Sold by
Hartman Edward D
Bought by
Kohrs Dustin and Kohrs Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2016
Sold by
Hartman Janelle
Bought by
Hartman Edward D

Purchase Details

Closed on
Mar 16, 2012
Sold by
Hartman Edward D and Hartman Janelle M
Bought by
Alloy Enterprises Ball Llc

Purchase Details

Closed on
Jan 24, 2011
Sold by
Us Bank National Association
Bought by
Hartman Edward D and Hartman Janelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.84%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 29, 2010
Sold by
Rei Lester David W and Rei Lester
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 22, 2005
Sold by
National City Mortgage Inc
Bought by
Lester David W and Sakamoto Rei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 20, 2005
Sold by
Federal National Mortgage Association
Bought by
National City Mortgage Inc and National City Mortgage Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,800
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 27, 2005
Sold by
Newton Matthew and Newton Kriston
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,800
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 26, 2001
Sold by
Spurck Danial N
Bought by
M & R Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1999
Sold by
Shaffer Stuart R
Bought by
Danial N Spurck Revocable Trust

Purchase Details

Closed on
Jan 11, 1998
Sold by
Pollard Patrick D and Pollard Debra K
Bought by
Shaffer Stuart R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,413
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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
American Tiger Realty Group Llc -- Continental Title Co
Dmk Investments Llc -- None Available
Kohrs Dustin -- Clt
Hartman Edward D -- None Available
Hartman Edward D -- None Available
Alloy Enterprises Ball Llc -- None Available
Hartman Edward D -- None Available
Us Bank National Association $131,200 None Available
Lester David W -- First American Title
National City Mortgage Inc -- First American Title Ins Co
Federal National Mortgage Association $208,800 --
M & R Construction Llc -- Coffelt Land Title
Newton Matthew -- Metro One Title
Danial N Spurck Revocable Trust -- Coffelt Land Title
Shaffer Stuart R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open American Tiger Realty Group Llc $298,000
Previous Owner Kohrs Dustin $187,500
Previous Owner Hartman Edward D $105,000
Previous Owner Lester David W $167,200
Previous Owner National City Mortgage Inc $41,800
Previous Owner Newton Matthew $243,000
Previous Owner Shaffer Stuart R $102,413
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold -- -- --
07/13/2021 07/13/21 For Sale $375,000 -- $238 / Sq Ft
Source: Heartland MLS

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
2025 $5,546 $66,084 $7,678 $58,406
2024 $5,506 $76,808 $14,128 $62,680
2023 $5,506 $76,808 $19,333 $57,475
2022 $4,034 $49,970 $4,268 $45,702
2021 $4,117 $49,970 $4,268 $45,702
2020 $3,642 $43,776 $4,268 $39,508
2019 $3,543 $43,776 $4,268 $39,508
2018 $3,323 $38,100 $3,715 $34,385
2016 $3,273 $37,145 $3,306 $33,839
Source: Public Records

Agents Affiliated with this Home

  • YFA Team

    Seller's Agent in 2021

    YFA Team

    Your Future Address, LLC

    (913) 220-3260

    26 in this area

    403 Total Sales

    YFA Team
    Section Image
  • Katie Yeager Stout

    Seller Co-Listing Agent in 2021

    Katie Yeager Stout

    Your Future Address, LLC

    (913) 486-9818

    7 in this area

    193 Total Sales

    Katie Yeager Stout
    Section Image
  • Michelle Lutz

    Buyer's Agent in 2021

    Michelle Lutz

    Lutz Sales + Investments

    (913) 308-0303

    6 in this area

    213 Total Sales

    Michelle Lutz
    Section Image
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Map

Source: Heartland MLS

MLS Number: 2333519

Heartland MLS

APN: 52-730-07-24-00-0-00-000

Missouri Jackson County Lee's Summit 64086

716 NE Ball Dr, Lee's Summit, MO

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Heartland MLS Based on information submitted to the MLS Grid. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393
Based on information submitted to the MLS GRID.

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