NOT LISTED FOR SALE

716 NE Ball Dr Lees Summit, MO 64086

Estimated Value: $351,000 - $545,000

8 Beds
4 Baths
1,578 Sq Ft
$300/Sq Ft Est. Value

Sale Details

Date Sold: August 20, 2021

Current estimated payment $3,002 / mo

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
  • 13,820 Sq Ft 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 18, 2021
Sold by
Bought by
Seller's Agent
YFA Team
Your Future Address, LLC
Buyer's Agent
Michelle Lutz
Lutz Sales + Investments
List Price
$375,000
Current Estimated Value
$473,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$298,000
Outstanding Balance
$270,974
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$202,036

Purchase Details

Closed on
Dec 8, 2017
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Mar 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 2011
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Nov 22, 2005
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Jan 11, 1998
Sold by
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Continental Title Co
-- None Available
-- Clt
-- None Available
-- None Available
-- None Available
-- None Available
$131,200 None Available
-- First American Title
-- First American Title Ins Co
$208,800 --
-- Coffelt Land Title
-- Metro One Title
-- Coffelt Land Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $298,000
Previous Owner $187,500
Previous Owner $105,000
Previous Owner $167,200
Previous Owner $41,800
Previous Owner $243,000
Previous Owner $102,413
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2017 $3,273 $38,100 $3,715 $34,385
2016 $3,273 $37,145 $3,306 $33,839
2014 $3,141 $34,950 $3,292 $31,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2333519

Heartland MLS

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

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