NOT LISTED FOR SALE

Estimated Value: $147,000 - $162,000

2 Beds
1 Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold October 12, 2021

Current estimated payment $998/month

17 Days on Market

Highlights

  • No HOA
  • Garage
  • 1-Story Property
  • Central Air

About This Home

As of October 2021

Great opportunity to purchase an already cash flowing duplex. Very clean property with many of the larger items taken care of. Newer Roof, gutters, newer HVAC systems, newer plumbing, newer electrical panels and new hot water heater.

Last Listed By

Brad Cope

Affinity Real Estate License #2007028806 Listed on: 08/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1920

Lot Details

  • 6,098

Parking

  • Garage

Home Design

  • Duplex
  • Stone Frame
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Basement

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 27-120-11-02-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fairmount Subdivision

Building Details

  • Gross Income $18,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,042

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 101 Years/More
  • Legal Description: Fairmount Lot 522
  • Package: Optional
  • Year Built: 1920
  • 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: Brad Cope
  • List Office Mls Id: AREK
  • List Office Name: Affinity Real Estate
  • List Office Phone: 866-278-3296
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 1869
  • Special Documents Required: No
  • Tax Total Amount: 1042
  • Unit Type: 1 Bedroom, Efficiency
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Stone & Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Central Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Utilities: Cent Water Heater
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Schools

  • School District: Independence

Lot Info

  • In Floodplain: No
  • Parcel Number: 27-120-11-02-00-0-00-000
  • Subdivision Name: Fairmount

Rental Info

  • Existing Lease Terms: One Year Lease

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 18696
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: All Utilities, Maintenance, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1042.00

MLS Schools

  • School District: Independence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 8, 2021
Sold by
Wong and Anthony
Bought by
White Patricia A and White Frederick M
Seller's Agent
Brad Cope
Affinity Real Estate
Buyer's Agent
Jason Mummert
ReeceNichols - Eastland
List Price
$130,000
Sold Price
$116,000
Premium/Discount to List
-$14,000
-10.77%
Total Days on Market
17
Current Estimated Value
$153,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,457
Avg. Annual Appreciation
8.04%
Original Mortgage
$87,000
Outstanding Balance
$80,192
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$73,265

Purchase Details

Listed on
Apr 4, 2018
Closed on
Aug 24, 2018
Sold by
Cr Property Holdings Series Ii Llc
Bought by
Wong Alson and Soler Anthony
Seller's Agent
YFA Team
Your Future Address, LLC
Buyer's Agent
Brad Cope
Affinity Real Estate
List Price
$104,000
Sold Price
$89,000
Premium/Discount to List
-$15,000
-14.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$66,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2016
Closed on
Oct 14, 2016
Sold by
Parsons Charles and Parsons Tracy
Bought by
Rodgers Neighborhood Holdings Series Iv
Seller's Agent
April Preston
Royal Oaks Realty
Buyer's Agent
Ashley Rodgers
Affinity Real Estate
List Price
$45,000
Sold Price
$20,000
Premium/Discount to List
-$25,000
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.19%

Purchase Details

Listed on
Jan 14, 2016
Closed on
Oct 13, 2016
Sold by
Rodgers Neighborhood Holdings Series Iv
Bought by
Cr Property Holdings Series Ii Llc
Seller's Agent
April Preston
Royal Oaks Realty
Buyer's Agent
Ashley Rodgers
Affinity Real Estate
List Price
$45,000
Sold Price
$20,000
Premium/Discount to List
-$25,000
-55.56%

Purchase Details

Closed on
Apr 26, 2005
Sold by
Belmont Properties Llc
Bought by
Parsons Charles and Parsons Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,600
Interest Rate
6.03%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 7, 2003
Sold by
Boude Phillip R
Bought by
Chojnacki Mark D and Chojnacki Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2000
Sold by
Brown Ronald Lee and Brown Marcia
Bought by
Boude Phillip R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,999
Interest Rate
7.99%
Mortgage Type
Seller Take Back

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
White Patricia A -- None Listed On Document
Wong Alson -- None Available
Rodgers Neighborhood Holdings Series Iv -- First United Title Agency
Cr Property Holdings Series Ii Llc -- None Available
Parsons Charles -- Parkway Title Inc
Chojnacki Mark D -- Coffelt Land Title Inc
Boude Phillip R -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Patricia A $87,000
Closed White Frederick M $87,000
Previous Owner Wong Alson $66,750
Previous Owner Cr Property Holdings Series Ii Llc $52,000
Previous Owner Parsons Charles $77,000
Previous Owner Parsons Charles $14,600
Previous Owner Parsons Charles $58,400
Previous Owner Chojnacki Mark D $54,000
Previous Owner Boude Phillip R $44,999
Closed Parsons Charles $14,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold -- -- --
08/23/2021 08/23/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $130,000 +46.1% --
08/28/2018 08/28/18 Sold -- -- --
07/23/2018 07/23/18 Pending -- -- --
06/26/2018 06/26/18 Price Changed $89,000 -8.2% --
04/18/2018 04/18/18 Price Changed $97,000 -6.7% --
04/04/2018 04/04/18 For Sale $104,000 +131.1% --
10/14/2016 10/14/16 Sold -- -- --
08/30/2016 08/30/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $45,000 -- --
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 $1,669 $23,993 $2,405 $21,588
2023 $1,669 $23,993 $2,035 $21,958
2022 $1,143 $15,010 $2,087 $12,923
2021 $1,139 $15,010 $2,087 $12,923
2020 $1,043 $13,377 $2,087 $11,290
2019 $1,027 $13,377 $2,087 $11,290
2018 $787,690 $11,642 $1,816 $9,826
2017 $920 $11,642 $1,816 $9,826
2016 $918 $11,351 $1,566 $9,785
2014 $873 $11,020 $1,520 $9,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2338563

Heartland MLS

APN: 27-120-11-02-00-0-00-000