$390,000
SOLD MAR 14, 2024
Last list price
-- Bed
-- Bath
3,168 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$123 Per Sq Ft

5 Days on Market

About This Home

As of March 2024

Great opportunity to pick up a 5 unit building in Independence, MO - 4 x 2 bed / 1 ba units and 1 x 1 bed / 1 ba unit. Newer roof, central HVAC, brick exterior in excellent condition, all separate meters, off street parking! POF or pre-approval required for showings. Tenant occupied, 24 hour notice required for showings, do not disturb tenants!

Potential to buy as a 16 unit package:
900 E Frederick - MLS (2463919)
901 E Frederick - MLS (2463922)
900 E T C Lea - MLS (2463926)
904 E T C Lea - MLS (2463928)
Vacant lot at 925 E Frederick also available

Last Agent to Sell the Property

Alex Shoaee

One Roof Realty LLC Brokerage Phone: 949-701-2401 License #2017029941 Listed on: 11/18/2023

Co-Listed By

Colby Kirk

Kirk Realty LLC Brokerage Phone: 949-701-2401

Last Buyer's Agent

Thrive Real Estate KC Team

KW KANSAS CITY METRO

KW KANSAS CITY METRO

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1950

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • 2-Story Property
  • 6,534 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 26-120-04-11-04-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Fairplay Subdivision

Building Details

  • Gross Income $43,080

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,937

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1950
  • Co List Office Mls Id: HMSKIRKR
  • Co List Office Name: Kirk Realty LLC
  • Co List Office Phone: 816-284-7937
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Alex Shoaee
  • List Office Mls Id: HMSONER
  • List Office Name: One Roof Realty LLC
  • List Office Phone: 816-319-4256
  • Mls Status: Sold
  • Operating Expense: 4500
  • Age Description: 76-100 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 1937
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: Optional
  • Attribution Contact: 949-701-2401
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Veneer, Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: RD Title

Schools

  • Junior High Dist: Independence

Lot Info

  • Zoning: R-30
  • Lot Size Area: 6534
  • Lot Size Sq Ft: 6534
  • Parcel Number: 26-120-04-11-04-0-00-000
  • Subdivision Name: Fairplay
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 5

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 43080
  • Current Occupancy Rate: 80-90%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 1937
  • Tax Abatement YN: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Mar 13, 2024
Sold by
East Park Village Llc
Bought by
Bezalel Missouri Properties Llc
Seller's Agent
Alex Shoaee
One Roof Realty LLC
Buyer's Agent
Thrive Real Estate KC Team
KW KANSAS CITY METRO
List Price
$390,000
Sold Price
$360,000
Premium/Discount to List
-$30,000
-7.69%
Views
22
Current Estimated Value
$357,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,667
Avg. Annual Appreciation
-0.55%
Original Mortgage
$530,000
Outstanding Balance
$523,887
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$166,554
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $530,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold -- -- --
11/18/2023 11/18/23 For Sale $390,000 -- $123 / 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
2024 $3,070 $44,304 $1,649 $42,655
2023 $3,000 $44,304 $1,630 $42,674
2022 $1,937 $26,220 $1,663 $24,557
2021 $1,936 $26,220 $1,663 $24,557
2020 $1,752 $23,058 $1,663 $21,395
2019 $1,724 $23,058 $1,663 $21,395
2018 $1,674 $21,368 $2,083 $19,285
2017 $1,674 $21,368 $2,083 $19,285
2016 $1,648 $20,833 $1,330 $19,503
2014 $1,612 $20,833 $1,330 $19,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2463928

Heartland MLS

APN: 26-120-04-11-04-0-00-000