$750,000
SOLD SEP 18, 2025
Last list price

725 SE 10th St Lees Summit, MO 64081

-- Bed
20 Baths
4,752 Sq Ft
0.79 Acres

Recently Sold

$158 Per Sq Ft

34 Days on Market

Highlights

  • 34,412 Sq Ft lot
  • Forced Air Heating and Cooling System
  • Garage
  • Sunset Valley Elementary School Rated A

About This Home

As of September 2025

Fantastic Fourplex in desirable neighborhood in Lee's Summit. Unlike most 4plexes, this building has 3 bedrooms in every unit, increasing cash flow and desirability. Each unit has 2.5 baths and unfinished basements for storage. This building has a very large, attached lot that can be developed with another multifamily dwelling. Building has a brand new roof, 2 new HVAC's. Other HVAC's have been replaced within 5-8 years. All measurements to be verified by buyer and buyer's agent. All units rented and no tenants are behind on rent. Please do not disturb tenants.

Last Agent to Sell the Property

Austin Bates

Platinum Realty LLC Brokerage Phone: 816-810-1512 License #2015042744 Listed on: 07/15/2025

Platinum Realty LLC

Last Buyer's Agent

Carolina Brito

Platinum Realty LLC License #2016032048

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,497

Year Built

  • Built in 1991

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 20 Bathrooms
  • 4,752 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Schools

  • Lee's Summit High School

Additional Features

  • 0.79 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 61-630-05-03-02-2-00-000
  • $0 special tax assessment

Community Details

Overview

  • 4 Units
  • Bridgehampton Subdivision

Building Details

  • Gross Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,497

Year Built

Built in 1991

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1991
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Austin Bates
  • List Office Mls Id: HMSPRKC
  • List Office Name: Platinum Realty LLC
  • List Office Phone: 888-220-0988
  • Mls Status: Sold
  • Operating Expense: 3000
  • Age Description: 31-40 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 816-810-1512
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Exterior Features: Private Entrance
  • Roof: Composition
  • Construction Materials: Brick/Mortar

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Security Features: Smoke Detector(s)
  • Water Source: Public
  • Telecom: Cable - Available,Metro Free

Condo/Co-op/Association

  • Association Fee: 920
  • Association Fee Frequency: Annually
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: Yes

Fee Information

  • Deposit: Alpha Title

Schools

  • Middle/Junior School: Pleasant Lea
  • Junior High Dist: Lee's Summit

Lot Info

  • Zoning: Res
  • Building Area Total: 4752
  • Lot Size Sq Ft: 34412.4
  • Parcel Number: 61-630-05-03-02-2-00-000
  • Subdivision Name: Bridgehampton
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 66000
  • Current Occupancy Rate: Over 95%
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 7497
  • Tax Abatement YN: 0

MLS Schools

  • High School: Lee's Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2025
Closed on
Sep 18, 2025
Sold by
Bates Austin and Bates Consuelo
Bought by
Brito Surplus Funds Co
Seller's Agent
Austin Bates
Platinum Realty LLC
Buyer's Agent
Carolina Brito
Platinum Realty LLC
List Price
$750,000
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.92%
Original Mortgage
$568,000
Outstanding Balance
$568,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$156,333

Purchase Details

Closed on
Jun 1, 2019
Sold by
Newson Properties Llc
Bought by
Bates Austin and Bates Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1996
Sold by
Clark Jack M and Clark Shirley M
Bought by
Sicat Alfonso V and Sicat Luzviminda F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.71%
Mortgage Type
Purchase Money 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 Type Sale Price Title Company
Warranty Deed -- Alpha Title
Warranty Deed -- Alpha Title
Warranty Deed -- Alpha Title
Warranty Deed -- Alpha Title
Warranty Deed -- Alpha
Warranty Deed -- Alpha
Individual Deed -- Chicago Title Insurance Co
Individual Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $568,000 New Conventional
Previous Owner $376,000 New Conventional
Previous Owner $207,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2025 09/18/25 Sold -- -- --
08/18/2025 08/18/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $750,000 -- $158 / 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
2025 $7,497 $107,546 $19,321 $88,225
2024 $7,497 $103,831 $25,840 $77,991
2023 $7,443 $103,831 $25,840 $77,991
2022 $6,565 $81,320 $18,221 $63,099
2021 $6,700 $81,320 $18,221 $63,099
2020 $5,935 $71,326 $18,221 $53,105
2019 $5,773 $71,326 $18,221 $53,105
2018 $1,007,074 $42,855 $4,178 $38,677
2017 $3,681 $42,855 $4,178 $38,677
2016 $3,681 $41,781 $2,926 $38,855
2014 $3,224 $36,100 $3,873 $32,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2563314

Heartland MLS

APN: 61-630-05-03-02-2-00-000