NOT LISTED FOR SALE

809 Shadowrock Dr Forsyth, MO 65653

Estimated Value: $346,000 - $466,000

8 Beds
-- Bath
3,628 Sq Ft
$112/Sq Ft Est. Value

Last Sold February 07, 2023

Current estimated payment $2,217/month

189 Days on Market

Highlights

  • Ceiling Fan
  • Laundry Facilities
  • High Speed Internet
  • Forsyth Middle School Rated A-

About This Home

As of February 2023

Ready for NEWLY REMODELED investment property? Most of the hard work has been done for you on this potentially 8 unit Apartment Building located at 809 Shadowrock Drive Forsyth, MO 65653. Unit breakdown is as follows: (6) 1 bed/1 bath units, (1) 2bed/2bath unit, (1) 2 car garage storage unit, for a total of 8 units. Unit 8 (a 1bed/1bath unit) is unfinished and would take approximately 23k to finish out per seller & contractor estimation. Market Rents are approximately $60,600/annually. These units have been remodeled within the last year or so. Some updates include: New vinyl plank flooring, Fresh paint, New electrical, New bathrooms, New Kitchens, NEW TPO flat roof in 2019, and much more. This all-brick investment property is worth its weight in gold! The property is currently professionally managed by a 3rd party, and management can stay if new buyer chooses. One unit is vacant only for the purpose of showing, as these renovated units are being rented out shortly after they are posted! Call agent today to purchase!!

Last Agent to Sell the Property

Mike Bowman

Murney Associates - Primrose License #2018015257 Listed on: 06/29/2022

Murney Associates - Primrose

Last Buyer's Agent

Scott Nichols

Massengale Group - Keller Williams - Nixa

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • Lot Dimensions are 185x110

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Frame Construction

Interior Spaces

  • Ceiling Fan
  • Oven or Range

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Schools

  • Forsyth Elementary And Middle School
  • Forsyth High School

Utilities

  • Wall Furnace
  • Separate Meters
  • Municipal Trash
  • High Speed Internet

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: B
  • Property Sub Type: Apartment Building
  • Estimated Year Built: 1940
  • Inside City Limits: Yes
  • Legal Description: SHEPHERD OF THE HILLS ESTATES LTS 1 TH 6 BLK 18 PT SHADOW ROCK HOTEL SITE CITY OF FORSYTH
  • Number Detached Garage Spaces: 2.00
  • Total Garage Carport Stalls: 2.00
  • Special Features: None
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances: Dryer, Oven/Range, Refrigerator, Washer
  • Full Bathrooms: 1 Per Unit
  • Sq Ft Finshd And Unfnshd: 4000 - 4199
  • Unit Features: All Units, Carpet, Extra Storage, Patio/Balcony, Washer/Dryer Hookup

Exterior Features

  • Waterfront View: None
  • Lake/River: None
  • Roofing Material: Flat
  • Construction: Brick, Wood Frame
  • Streets: Asphalt
  • Buildings: One Building, One Story

Garage/Parking

  • Parking: Street, Two or More
  • Garage Carport: Yes

Utilities

  • Cooling: Ceiling Fans
  • Heating: Wall Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Utilities: City, Electricity, Gas, High Speed Internet Access, Separate Meters, Sewer, Tenant Pays Part, Trash, Water

Association/Amenities

  • Amenities: Central Laundry

Lot Info

  • Estimated Lot Size Acres: 0.4700
  • Lot Dimensions: 185X110
  • Zoning: MULTI-FAMILY

Rental Info

  • Lease Monthly: 5050.00
  • Total Monthly Rent: 5050.00
  • Type of Tenancy: Monthly

Tax Info

  • Real Estate Tax: 1135.51
  • Assessor Parcel Number: 048033003018002000
  • Tax Year: 2021

Multi Family

  • Total Units: 8

MLS Schools

  • Elementary School: Forsyth
  • High School: Forsyth
  • Middle School: Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Feb 2, 2023
Sold by
Olympus Holdings Llc
Bought by
Somo Home Buyers Llc
Seller's Agent
Mike Bowman
Murney Associates - Primrose
Buyer's Agent
Scott Nichols
Massengale Group - Keller Williams - Nixa
List Price
$430,000
Views
18
Current Estimated Value
$406,000

Purchase Details

Listed on
Sep 10, 2021
Closed on
Nov 16, 2021
Sold by
Isaacs Properties Llc
Bought by
Olympus Holdings Llc
Seller's Agent
Aaron Schaffner
AMS Associates, LLC
Buyer's Agent
Aaron Owens
Keller Williams
List Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
2.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 30, 2016
Sold by
Matlage John Edward and Matlage Linda Lee
Bought by
Isaacs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,021
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End 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
Somo Home Buyers Llc -- --
Olympus Holdings Llc -- None Available
Isaacs Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olympus Holdings Llc $208,000
Previous Owner Isaacs Properties Llc $92,021
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2023 02/07/23 Sold -- -- --
02/02/2023 02/02/23 Price Changed $450,000 +38.5% $124 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
01/02/2023 01/02/23 Price Changed $325,000 -13.3% $90 / Sq Ft
11/26/2022 11/26/22 Price Changed $375,000 -1.1% $103 / Sq Ft
11/22/2022 11/22/22 Price Changed $379,000 -2.1% $104 / Sq Ft
11/08/2022 11/08/22 Price Changed $387,000 -2.0% $107 / Sq Ft
10/30/2022 10/30/22 Price Changed $395,000 -1.0% $109 / Sq Ft
09/12/2022 09/12/22 Price Changed $399,000 -6.3% $110 / Sq Ft
09/05/2022 09/05/22 Price Changed $426,000 -0.2% $117 / Sq Ft
08/29/2022 08/29/22 Price Changed $427,000 -0.2% $118 / Sq Ft
08/22/2022 08/22/22 Price Changed $428,000 -0.2% $118 / Sq Ft
08/15/2022 08/15/22 Price Changed $429,000 -0.2% $118 / Sq Ft
07/30/2022 07/30/22 For Sale $430,000 0.0% $119 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/15/2022 07/15/22 Price Changed $430,000 -4.4% $119 / Sq Ft
07/06/2022 07/06/22 For Sale $450,000 0.0% $124 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $450,000 +63.6% $124 / Sq Ft
11/16/2021 11/16/21 Sold -- -- -- View Prior Sale
10/03/2021 10/03/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $275,000 0.0% $76 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $275,000 -- $76 / Sq Ft
Source: Southern Missouri Regional 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 $1,153 $22,160 -- --
2023 $1,153 $23,710 $0 $0
2022 $1,138 $23,710 $0 $0
2021 $1,136 $23,710 $0 $0
2019 $1,035 $20,870 $0 $0
2018 $1,031 $20,870 $0 $0
2017 $1,030 $20,870 $0 $0
2016 $941 $19,160 $0 $0
2015 $942 $19,160 $0 $0
2014 $917 $18,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Missouri Regional MLS

MLS Number: 60221816

Southern Missouri Regional MLS

APN: 04-8.0-33-003-018-002.000