NOT LISTED FOR SALE

Estimated Value: $105,000 - $176,000

2 Beds
2 Baths
864 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 17, 2014

Current estimated payment $941/month

92 Days on Market

Highlights

  • Deck
  • Private Entrance
  • 1-Story Property
  • Porch
  • Carpet

About This Home

As of December 2014

Fully rented Duplex - Long term tenants that want to stay market rate paying $350 X 2 per month = $700, expenses figured at 30% making the cap rate 17% and the GRM of 4.1 years Easy to manage .Easy to rent. Located on a bus line.

Last Agent to Sell the Property

TEAM KC

BHG Kansas City Homes Listed on: 09/03/2014

Co-Listed By

Nancy Kovarik

BHG Kansas City Homes License #SP00051363

BHG Kansas City Homes

Last Buyer's Agent

Nancy Kovarik

BHG Kansas City Homes License #SP00051363

BHG Kansas City Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $560

Year Built

  • Built in 1951

Lot Details

  • 4,356 Sq Ft Lot
  • Private Entrance

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 057986

Community Details

Overview

  • 2 Units
  • Grace Hill Subdivision

Building Details

  • Gross Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$560

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: B20 S 20FT L11, N 15FT L12
  • Restrictions: City Codes
  • Package: No
  • Year Built: 1951
  • Co List Office Mls Id: KCH 01
  • Co List Office Name: BHG Kansas City Homes
  • Co List Office Phone: 913-661-8500
  • Down Payment Deprecated: Yes
  • 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: TEAM KC
  • List Office Mls Id: KCH 01
  • List Office Name: BHG Kansas City Homes
  • List Office Phone: 913-661-8500
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 2400
  • Other Room Features: Private Bath
  • Special Documents Required: No
  • Tax Total Amount: 560
  • Unit Type: 1 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Private Entry
  • Basement: No
  • Flooring: Carpeted Floors
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Furnace
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: No
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Kansas City Ks

Lot Info

  • In Floodplain: No
  • Zoning: 112
  • Lot Size Area: 0.10
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 4356.00
  • Parcel Number: 057986
  • Subdivision Name: Grace Hill

Rental Info

  • Existing Lease Terms: None

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 8400
  • Current Occupancy Rate: Over 95%
  • Gross Multiplier: 4.10
  • Operating Expenses Include: Maintenance, Personal Prop Tax, Property Insurance, Property Mgmt, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 560.00

MLS Schools

  • School District: Kansas City Ks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
R3 Kc Llc
Bought by
S & G Kc Llc
Current Estimated Value
$144,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$84,075
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$59,125

Purchase Details

Closed on
Nov 22, 2021
Sold by
R3 Kc Llc
Bought by
S & P Financial Services Inc

Purchase Details

Listed on
Sep 3, 2014
Closed on
Dec 17, 2014
Sold by
Freehling Zac and Bushnell Madelyn
Bought by
Hierseman Alan
Seller's Agent
TEAM KC
BHG Kansas City Homes
Buyer's Agent
Nancy Kovarik
BHG Kansas City Homes
List Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%
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
S & G Kc Llc -- Chicago Title
S & P Financial Services Inc $47,905 None Listed On Document
R3 Kc Llc -- Superior Title
S & P Financial Services Inc $47,905 None Listed On Document
R3 Kc Llc -- Superior Title
Hierseman Alan $21,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & G Kc Llc $85,000
Previous Owner Davidson Shirley A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2014 12/17/14 Sold -- -- --
12/04/2014 12/04/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $35,000 -- $41 / 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 $1,787 $12,616 $1,832 $10,784
2023 $546 $3,781 $1,346 $2,435
2022 $409 $2,810 $1,175 $1,635
2021 $492 $3,210 $978 $2,232
2020 $417 $2,766 $739 $2,027
2019 $408 $2,713 $780 $1,933
2018 $385 $2,584 $695 $1,889
2017 $360 $2,415 $695 $1,720
2016 $364 $2,415 $695 $1,720
2015 $369 $2,415 $695 $1,720
2014 $504 $3,393 $695 $2,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1903305

Heartland MLS

APN: 057986