Seller's Agent in 2024
Eva Norton
The Next Door Agents, LLC
(660) 628-2793
123 in this area
182 Total Sales
900 E Market St Warrensburg, MO 64093
Estimated Value: $646,316 - $771,000
Studio
--
Bath
1,440
Sq Ft
$497/Sq Ft
Est. Value
Highlights
- 89,498 Sq Ft lot
- Central Air
- 1-Story Property
- No HOA
About This Home
As of December 2024Prime Investment Opportunity in Warrensburg! ?? Welcome to Lahon Court, a fantastic rental property consisting of 10 duplexes, each featuring 2 bedrooms and 1 bathroom. These well-maintained units boast newer siding, roofs, appliances, and A/C systems, ensuring peace of mind for the next owner. Each unit has been remodeled since its original construction, with some units recently updated with luxury vinyl plank (LVP) flooring, new tile, and modern fixtures. A bit of additional cosmetic work updating the flooring and fixtures in each unit could easily raise rental rates to $900-$925 per month. Lahon Court has a reputation for minimal maintenance calls and great tenants. Property management is already in place, with plans to actively raise rents over one leasing period to align with current market values. Located in a high-demand rental area due to the University of Central Missouri and Whiteman Air Force Base, these units are never vacant, making this a solid investment opportunity. Don't miss out on owning these sought-after rentals in Warrensburg! Key Features: 10 duplexes, each unit 2 bed / 1 bath
Newer siding, roofs, appliances, and A/C systems
Remodeled units with LVP flooring, new tile, and modern fixtures
Low maintenance and great tenants
Property management in place with plans to raise rents
High demand rental area with consistent occupancy
Seize this opportunity to invest in a thriving rental market! Contact for more information and to schedule a viewing!
Last Agent to Sell the Property
The Next Door Agents, LLC Brokerage Phone: 660-422-1819 License #1879756 Listed on: 07/23/2024
Last Buyer's Agent
The Next Door Agents, LLC Brokerage Phone: 660-422-1819 License #1879756 Listed on: 07/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,600
Year Built
- Built in 1976
Lot Details
- 2.05
Home Design
- Frame Construction
- Composition Roof
- Vinyl Siding
Parking
- 40 Parking Spaces
- Paved Parking
- Off-Street Parking
- Assigned Parking
Utilities
- Central Air
- Separate Meters
Additional Features
- 1-Story Property
- 2.05 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 11401904009001200
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 20 Units
Building Details
- Gross Income $224,250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2023
Closed on
Mar 28, 2024
Sold by
Gillming Mark D and Gillming Cynthia
Bought by
Sheehan Property Holdings Llc
Seller's Agent
Nolan Brooks
Brooks Realty Group LLC
Buyer's Agent
Rena Smith
Old Drum Real Estate
List Price
$1,650,000
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.83%
Original Mortgage
$1,125,000
Outstanding Balance
$1,102,468
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$386,696
Purchase Details
Closed on
Dec 9, 2016
Sold by
Hardwick Alfred
Bought by
Gillming Mark
Purchase Details
Closed on
Apr 15, 2005
Sold by
Mcghee Investments Llc
Bought by
Gillming Mark D and Hardwick Alfred
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,336
Interest Rate
5.93%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sheehan Property Holdings Llc | -- | Western Missouri Title | |
| Gillming Mark | -- | None Available | |
| Gillming Mark D | -- | Johnson County Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sheehan Property Holdings Llc | $1,125,000 | |
| Previous Owner | Gillming Mark D | $654,336 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | -- | -- | -- | |
| 09/26/2024 09/26/24 | Pending | -- | -- | -- | |
| 07/23/2024 07/23/24 | For Sale | $1,900,000 | +15.2% | $1,319 / Sq Ft | |
| 04/02/2024 04/02/24 | Sold | -- | -- | -- | View Prior Sale |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- | |
| 12/05/2023 12/05/23 | For Sale | $1,650,000 | -- | $1,146 / 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 | $9,163 | $122,116 | $0 | $0 |
| 2024 | $8,630 | $113,014 | $0 | $0 |
| 2023 | $8,630 | $113,014 | $0 | $0 |
| 2022 | $8,347 | $108,826 | $0 | $0 |
| 2021 | $8,372 | $109,527 | $0 | $0 |
| 2020 | $8,137 | $105,292 | $0 | $0 |
| 2019 | $8,131 | $105,292 | $0 | $0 |
| 2017 | $8,112 | $105,292 | $0 | $0 |
| 2016 | $7,476 | $105,292 | $0 | $0 |
| 2015 | $7,676 | $105,292 | $0 | $0 |
| 2014 | $6,661 | $105,292 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Eva Norton
-
Nolan Brooks
Seller's Agent in 2024
Nolan Brooks
Brooks Realty Group LLC
(660) 441-1299
21 in this area
33 Total Sales
-
Andrew Self
A
Seller Co-Listing Agent in 2024
Andrew Self
The Next Door Agents, LLC
(660) 383-2236
3 in this area
4 Total Sales
-
Rena Smith
R
Buyer's Agent in 2024
Rena Smith
Old Drum Real Estate
(816) 405-3499
3 in this area
8 Total Sales
Map
Source: Heartland MLS
MLS Number: 2500910
APN: 11401904009001200
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS Grid. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393
Based on information submitted to the MLS GRID.
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