NOT LISTED FOR SALE

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

4 Beds
2 Baths
2,392 Sq Ft
$100/Sq Ft Est. Value

Last Sold May 26, 2021

Current estimated payment $1,586/month

2 Days on Market

Highlights

  • Attached Garage
  • Board and Batten Siding
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Hard to find multi family opportunity. Each unit is currently rented and under market value. Plenty of room to bring up your rents and increase your bottom line. Both units have undergone significant renovations in the last 2 years. Major mechanicals are all recent updates. This home is perfect for the investor looking to add a stable rental area to their portfolio. Like this one? Also check out MLS #2313972 and 2313974.

Last Agent to Sell the Property

Eli Nitz

Prime Time Real Estate License #BR00054681 Listed on: 04/07/2021

Last Buyer's Agent

Ashlee Hughes

Dream Team Realty Group LLC License #2018029700

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 1967

Lot Details

  • 10,454

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 2-Story Property
  • Basement

Parking

  • Attached Garage
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 023814

Community Details

Overview

  • 2 Units
  • Verde Est Subdivision

Building Details

  • Gross Income $20,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,042

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: Verde Estates, S 16, T11, R24, Acres 0.240000,L15
  • Major Repair Costs: 3000.00
  • Major Repair Description: deck staining, raising electrical line, radon mitigation system, roof vent repair
  • Package: Optional
  • Year Built: 1967
  • 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: Eli Nitz
  • List Office Mls Id: PTRE
  • List Office Name: Prime Time Real Estate
  • List Office Phone: 913-206-1515
  • Maintenance Provided: No
  • Mls Status: Sold
  • Special Documents Required: No
  • Tax Total Amount: 2042
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Covered, Garage, On Street

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt
  • Association Fee Frequency: Annually

Schools

  • School District: Kansas City Ks

Lot Info

  • In Floodplain: Unknown
  • Zoning: RES
  • Parcel Number: 023814
  • Subdivision Name: Verde Est

Rental Info

  • Existing Lease Terms: One Year Lease

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 20940
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Mgmt

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2042.00

MLS Schools

  • School District: Kansas City Ks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 7, 2021
Sold by
Wyco Holdings Llc
Bought by
Martinez Daniel Gerardo and Martinez Daniel Gerardo
Seller's Agent
Eli Nitz
Prime Time Real Estate
Buyer's Agent
Ashlee Hughes
Dream Team Realty Group LLC
List Price
$210,000
Current Estimated Value
$240,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%
Original Mortgage
$225,834
Outstanding Balance
$206,237
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$27,129

Purchase Details

Listed on
Apr 7, 2021
Closed on
Apr 9, 2021
Sold by
Martin Thomas M
Bought by
Wyco Holdings Llc
Seller's Agent
Eli Nitz
Prime Time Real Estate
Buyer's Agent
Ashlee Hughes
Dream Team Realty Group LLC
List Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Outstanding Balance
$206,237
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$27,129

Purchase Details

Closed on
Feb 25, 2010
Sold by
Wyco Holdings Llc
Bought by
Martin Thomas M

Purchase Details

Closed on
Jun 13, 2005
Sold by
Martin Thomas M
Bought by
Wyco Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Downs Joe F and Downs Marion M
Bought by
Martin Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.67%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Martinez Daniel Gerardo -- Security 1St Title
Wyco Holdings Llc -- None Available
Martin Thomas M -- Kansas Secured Title
Wyco Holdings Llc -- Old Republic Title Company O
Martin Thomas M -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Daniel Gerardo $225,834
Previous Owner Wyco Holdings Llc $94,400
Previous Owner Martin Thomas M $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold -- -- --
04/09/2021 04/09/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $210,000 -- $88 / 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 $3,460 $23,391 $4,187 $19,204
2023 $6,876 $42,401 $3,470 $38,931
2022 $4,286 $26,450 $3,005 $23,445
2021 $2,354 $14,322 $2,900 $11,422
2020 $2,116 $12,903 $2,330 $10,573
2019 $2,042 $12,466 $2,185 $10,281
2018 $1,779 $10,948 $1,663 $9,285
2017 $1,408 $8,642 $1,663 $6,979
2016 $1,422 $8,642 $1,663 $6,979
2015 $1,439 $8,642 $1,558 $7,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2313968

Heartland MLS

APN: 023814