NOT LISTED FOR SALE

9124 E 85th St Raytown, MO 64138

Estimated Value: $296,000 - $505,000

8 Beds
4 Baths
3,664 Sq Ft
$113/Sq Ft Est. Value

Last Sold June 20, 2018

Current estimated payment $2,612/month

3 Days on Market

About This Home

As of June 2018

This well-maintained four plex is waiting for your investor! All units are 100% occupied with one year leases in place. Every unit includes an eat-in kitchen, appliances, utility room with w/d hookups, fireplace, and parking spaces in back of property. This property is conveniently located near Cerner, shopping, schools and highways. ALL OFFERS FOR THIS PROPERTY MUST BE SUBMITTED BY NOON ON MONDAY, 5/7. THANK YOU!
Do not disturb tenants. There is not a sign in the yard. 24 hour notice is required for all showings. You may only show unit 9128. If interested in seeing all units, please contact listing agent.

Last Agent to Sell the Property

Lisa Thompson

KW KANSAS CITY METRO License #SP00237738 Listed on: 05/05/2018

KW KANSAS CITY METRO

Last Buyer's Agent

Lisa Thompson

KW KANSAS CITY METRO License #SP00237738 Listed on: 05/05/2018

KW KANSAS CITY METRO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,157

Year Built

  • Built in 1984

Lot Details

  • 0.25

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Additional Features

  • 2-Story Property
  • 0.25 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 50-220-20-30-00-0-00-000

Community Details

Overview

  • 4 Units
  • Elm Estates Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $29,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,157

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 31-40 Years
  • Legal Description: ELM ESTATES LOT 21
  • Major Repair Costs: 5800.00
  • Major Repair Description: 2 new central air units repair to decking in back of units
  • Package: No
  • Year Built: 1984
  • 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: Lisa Thompson
  • List Office Mls Id: KW04
  • List Office Name: Keller Williams Key Partners
  • List Office Phone: 913-825-7500
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 8273
  • Special Documents Required: No
  • Tax Total Amount: 2157
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage: No
  • Parking Features: Assigned Parking

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Electric
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Lot Info

  • In Floodplain: No
  • Zoning: res
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 11086.00
  • Parcel Number: 50-220-20-30-00-0-00-000
  • Subdivision Name: Elm Estates

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 29193
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Refuse Collection, Sewer, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2157.00

MLS Schools

  • School District: Raytown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Schroeder Christopher Robin and Gchroeder Kristin K
Bought by
Cake Properties Series I Llc
Current Estimated Value
$414,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$155,524
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$258,476

Purchase Details

Closed on
Aug 6, 2020
Sold by
Cake Properties Series 1 Llc
Bought by
Schroeder Christopher Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$155,524
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$258,476

Purchase Details

Listed on
May 5, 2018
Closed on
Jun 30, 2018
Sold by
Schroeder Christopher Robin and Schroeder Kristin Kay
Bought by
Cake Properties Series 1 Llc
Seller's Agent
Lisa Thompson
KW KANSAS CITY METRO
Buyer's Agent
Lisa Thompson
KW KANSAS CITY METRO
List Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$169,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2018
Closed on
Jun 18, 2018
Sold by
Thaw B Kirk and Thaw Shirley A
Bought by
Schroeder Christopher Robin and Schroeder Chris
Seller's Agent
Lisa Thompson
KW KANSAS CITY METRO
Buyer's Agent
Lisa Thompson
KW KANSAS CITY METRO
List Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cake Properties Series I Llc -- None Available
Schroeder Christopher Robin -- Mccaffree Short Title
Cake Properties Series 1 Llc -- First United Title Agency Ll
Schroeder Christopher Robin -- Platinum Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Christopher Robin $175,000
Previous Owner Schroeder Christopher Robin $169,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold -- -- --
05/08/2018 05/08/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $220,000 -- $60 / 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 $5,312 $56,788 $6,846 $49,942
2024 $5,312 $58,889 $7,298 $51,591
2023 $5,276 $58,889 $10,287 $48,602
2022 $4,039 $42,940 $4,788 $38,152
2021 $4,053 $42,940 $4,788 $38,152
2020 $3,586 $37,625 $4,788 $32,837
2019 $3,567 $37,625 $4,788 $32,837
2018 $2,219 $24,244 $2,364 $21,880
2017 $2,219 $24,244 $2,364 $21,880
2016 $2,151 $23,636 $2,470 $21,166
2014 $2,175 $23,636 $2,470 $21,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2105236

Heartland MLS

APN: 50-220-20-30-00-0-00-000