NOT LISTED FOR SALE

8634 Lane Ave Raytown, MO 64138

Estimated Value: $378,000 - $447,000

8 Beds
4 Baths
3,680 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 13, 2024

Current estimated payment $2,550/month

Highlights

  • No HOA
  • Central Air
  • 4 Car Garage

About This Home

As of December 2024

Great Investment Opportunity or live in one unit and rent out the other 3 units. Well kept 4 plex with each unit has 2 bedrooms 1 bath 1 car garage. All units have been updated with new flooring, back splash, countertops.

Last Agent to Sell the Property

Lee Anderson

Weichert Realtors - Generations Brokerage Phone: 816-289-4514 License #2007007917 Listed on: 11/12/2024

Weichert Realtors - Generations

Last Buyer's Agent

Lee Anderson

Weichert Realtors - Generations Brokerage Phone: 816-289-4514 License #2007007917 Listed on: 11/12/2024

Weichert Realtors - Generations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 1986

Lot Details

  • 10,401 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 3,680 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units
  • Lane At 87 St Apts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50-220-17-32-00-0-00-000
  • $0 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,427

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1986
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Lee Anderson
  • List Office Mls Id: HMSCJRE
  • List Office Name: Weichert, Realtors CJ Properti
  • List Office Phone: 816-307-3273
  • Mls Status: Sold
  • Age Description: 31-40 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 450.00
  • Major Repair Description: roof repair
  • Package: No
  • Attribution Contact: 816-289-4514
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Materials: Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Utilities: Other
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Type Of Management: Other

Association/Amenities

  • Association: No

Fee Information

  • Deposit: First American

Schools

  • Junior High Dist: Raytown

Lot Info

  • Zoning: Multi
  • Building Area Total: 3680
  • Lot Size Sq Ft: 10401
  • Parcel Number: 50-220-17-32-00-0-00-000
  • Subdivision Name: Lane at 87 St Apts
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Tax Info

  • Tax Annual Amount: 4427
  • Tax Abatement YN: 0

Multi Family

  • Current Occupancy Rate: Under 80%
  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Underwood Luke
Bought by
Collwood Properties Llc
Current Estimated Value
$421,000

Purchase Details

Listed on
Nov 12, 2024
Closed on
Dec 12, 2024
Sold by
R Investments Llc
Bought by
Underwood Luke
Seller's Agent
Lee Anderson
Weichert Realtors - Generations
Buyer's Agent
Lee Anderson
Weichert Realtors - Generations
List Price
$425,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.86%
Original Mortgage
$318,750
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
R Investment Llc

Purchase Details

Closed on
Jun 1, 2012
Sold by
Sloan Mark D and Sloan Lisa
Bought by
Deutsche Bank Trust Company

Purchase Details

Closed on
Oct 20, 2004
Sold by
Clements Walter S
Bought by
Sloan Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1995
Sold by
Kimrey Donald L and Kimrey Mary K
Bought by
Clements Walter S and Clements Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Collwood Properties Llc -- None Listed On Document
Underwood Luke -- None Listed On Document
R Investment Llc -- Continental Title
Deutsche Bank Trust Company $113,600 None Available
Sloan Mark D -- Stewart Title
Clements Walter S -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Underwood Luke $318,750
Previous Owner Sloan Mark D $153,000
Previous Owner Clements Walter S $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold -- -- --
11/12/2024 11/12/24 For Sale $425,000 -- $115 / 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 $4,457 $56,814 $6,916 $49,898
2024 $4,457 $49,404 $5,307 $44,097
2023 $4,427 $49,404 $6,247 $43,157
2022 $4,933 $52,440 $4,446 $47,994
2021 $4,950 $52,440 $4,446 $47,994
2020 $4,375 $45,908 $4,446 $41,462
2019 $4,352 $45,908 $4,446 $41,462
2018 $2,875 $31,415 $3,063 $28,352
2017 $2,787 $31,415 $3,063 $28,352
2016 $2,787 $30,628 $2,280 $28,348
2014 $2,818 $30,628 $2,280 $28,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2519547

Heartland MLS

APN: 50-220-17-32-00-0-00-000