NOT LISTED FOR SALE

Estimated Value: $97,000

Studio
-- Bath
6,500 Sq Ft
$15/Sq Ft Est. Value

Last Sold February 08, 2018

Current estimated payment $647/month

83 Days on Market

About This Home

As of February 2018

It isn't pretty, but it makes money. Mixed-use property in Independence consists of 2 commercial business spaces & 4 residential apartment units. Property has 5 tenants with 4 of those tenants being long term tenants. Electrical is less than 10 yrs old, plumbing is less than 5 yrs old, & new roof. Positive cash flow - Total rent:$2250/month - Total Utilities: $320/month to $400/month, Common utilities:Water: $200 per month, Gas (note all utilities use electric heat). $70 a month summer, $170 a month winter. 8901 E. Winner Rd: Suites 50, 100 & 200=$350 & $300/month for 2 of the 3 spaces. 8903 E. Winner Rd: Apts 3 and 4 $450/month each (these 2 include approx $150 a month in paid utilities) 403 Kentucky Apt 1 and 2: each are $350 /mo.

Last Agent to Sell the Property

Jen Enderson

Chartwell Realty LLC License #2010002657 Listed on: 09/15/2017

Chartwell Realty LLC

Co-Listed By

Pierre Heidrich

Chartwell Realty LLC License #1999121468

Last Buyer's Agent

Dawn Reynolds

Platinum Realty LLC License #1999099685

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1920

Lot Details

  • 8,015

Home Design

  • Quadruplex
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Basement

Parking

  • Attached Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 14-830-11-01-00-0-00-000

Community Details

Overview

  • 6 Units
  • St. Clair Park Subdivision

Building Details

  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,950

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 76-100 Years
  • Legal Description: ST CLAIR PARK LOTS 239 & 240
  • Package: No
  • Year Built: 1920
  • Co List Office Mls Id: APRO04
  • Co List Office Name: Century 21 All-Pro
  • Co List Office Phone: 816-229-2900
  • 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: Jennifer Enderson
  • List Office Mls Id: APRO
  • List Office Name: Century 21 All-Pro
  • List Office Phone: 816-505-3338
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 4800
  • Special Documents Required: No
  • Tax Total Amount: 1950
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Materials: Block, Brick Trim

Garage/Parking

  • Garage: No
  • Parking Features: Attached, Off Street, On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central Electric
  • Sewer: City/Public
  • Utilities: Other
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Lot Info

  • In Floodplain: Unknown
  • Zoning: Com
  • Parcel Number: 14-830-11-01-00-0-00-000
  • Subdivision Name: St. Clair Park

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 6

Multi Family

  • Gross Income: 23400
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: All Utilities

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1950.00

MLS Schools

  • School District: Independence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Flp Flopz Llc
Bought by
Pie2rei Llc
Current Estimated Value
$97,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,818
Outstanding Balance
$136,604
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2017
Closed on
Jan 31, 2018
Sold by
Bowzer Bradley N
Bought by
Flip Flopz Llc
Seller's Agent
Jen Enderson
Chartwell Realty LLC
Buyer's Agent
Dawn Reynolds
Platinum Realty LLC
List Price
$104,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2016
Sold by
Alex Cross Llc
Bought by
Bowzer Bradley N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 21, 2002
Sold by
Cooper Steven and Cooper Bessie Dianne
Bought by
Bowzer Bradley N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
5.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2000
Sold by
Cooper Joe D
Bought by
Cooper Steven
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
Pie2rei Llc -- None Listed On Document
Pie2rei Llc $193,937 None Listed On Document
Flip Flopz Llc -- First American Title
Bowzer Bradley N -- None Available
Alex Cross Llc -- None Available
Bowzer Bradley N -- Security Land Title Company
Cooper Steven -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pie2rei Llc $145,818
Closed Pie2rei Llc $145,818
Previous Owner Flip Flopz Llc $60,000
Previous Owner Alex Cross Llc $125,000
Previous Owner Bowzer Bradley N $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2018 02/08/18 Sold -- -- --
09/15/2017 09/15/17 For Sale $104,000 -- $16 / Sq Ft
Source: Heartland MLS

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 $1,707 $119,581 $98,509 $21,072
2024 $1,672 $20,277 $17,662 $2,615
2023 $1,672 $20,277 $17,662 $2,615
2022 $2,061 $23,780 $14,596 $9,184
2021 $2,054 $23,780 $14,596 $9,184
2020 $2,303 $26,271 $14,596 $11,675
2019 $2,476 $28,494 $14,596 $13,898
2018 $2,597 $24,777 $12,692 $12,085
2017 $1,935 $24,777 $12,692 $12,085
2016 $1,935 $21,375 $9,758 $11,617
2014 $1,652 $18,744 $9,758 $8,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2068886

Heartland MLS

APN: 14-830-11-01-00-0-00-000