NOT LISTED FOR SALE

9024 E 85th Place Raytown, MO 64138

Estimated Value: $179,000 - $322,468

4 Beds
2 Baths
1,208 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 08, 2022

Current estimated payment $1,807/month

8 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Attached Garage

About This Home

As of August 2022

All Investors! A 2002 construction duplex in a great area! 9024 and 9026 E 85th Terr in Raytown is a full duplex. Each side has two bedrooms, one full bath and one half bath, washer dryer hookups and one car garage each side. Central AC and heat. This mostly owner occupied neighborhood is showing on Rentometer that market rent should be about $1100 per side. Currently one tenant is paying $775 per month and has lived there since 8/19.That tenant is month to month. The other tenant was paying $924 and is vacating on 6/30 making this a perfect choice for a house hack. Each tenant pays all of their own utilities including water. Professional PM in place and would like to continue to manage if buyer is interested.

Last Agent to Sell the Property

Michelle Lutz

Lutz Sales + Investments License #SP00239672 Listed on: 06/13/2022

Last Buyer's Agent

Camealia Murray

Keller Williams KC North License #SP00228721

Keller Williams KC North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 2002

Lot Details

  • 10,042

Parking

  • Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Additional Features

  • 1-Story Property
  • 10,042 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 50-220-23-16-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,677

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 16-20 Years
  • Legal Description: UTOPIA 2ND RES OF LOTS 5-6---LOT 31
  • Package: No
  • Year Built: 2002
  • Senior Community: No
  • 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: Michelle Lutz
  • List Office Mls Id: PRKC
  • List Office Name: Platinum Realty
  • List Office Phone: 888-220-0988
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 3677
  • Special Documents Required: No
  • Tax Total Amount: 3677
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: No
  • 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: Raytown

Lot Info

  • In Floodplain: No
  • Zoning: DUPLEX
  • Lot Size Area: 10042.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 10042.00
  • Parcel Number: 50-220-23-16-00-0-00-000

Rental Info

  • Existing Lease Terms: One Year Lease

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 19800
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3677.00

MLS Schools

  • School District: Raytown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 20, 2022
Sold by
Bbre Holdings Llc
Bought by
Davis Amber
Seller's Agent
Michelle Lutz
Lutz Sales + Investments
Buyer's Agent
Camealia Murray
Keller Williams KC North
List Price
$250,000
Current Estimated Value
$278,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
Original Mortgage
$249,287
Outstanding Balance
$238,008
Interest Rate
5.51%
Estimated Equity
$40,109

Purchase Details

Closed on
Jul 29, 2019
Sold by
Daskaleas James
Bought by
Bc103 Llc

Purchase Details

Closed on
Jul 8, 2004
Sold by
Walker Michael D and Walker Pamela
Bought by
Daskaleas James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Davis Amber -- None Listed On Document
Bc103 Llc $86,000 None Available
Daskaleas James -- Security Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Amber $249,287
Previous Owner Daskaleas James $123,200
Closed Daskaleas James $23,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold -- -- --
06/21/2022 06/21/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $250,000 -- $207 / 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 $4,000 $45,581 $5,109 $40,472
2024 $3,973 $44,337 $5,683 $38,654
2023 $3,973 $44,337 $5,607 $38,730
2022 $3,664 $38,950 $4,294 $34,656
2021 $3,677 $38,950 $4,294 $34,656
2020 $3,257 $34,179 $4,294 $29,885
2019 $3,240 $34,179 $4,294 $29,885
2018 $2,083 $22,762 $2,219 $20,543
2017 $2,083 $22,762 $2,219 $20,543
2016 $2,020 $22,192 $3,610 $18,582
2014 $2,042 $22,192 $3,610 $18,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2385531

Heartland MLS

APN: 50-220-23-16-00-0-00-000