NOT LISTED FOR SALE

9201 E 53rd Terrace Raytown, MO 64133

Estimated Value: $327,000 - $375,000

8 Beds
4 Baths
-- Sq Ft
9,544 Sq Ft Lot

Last Sold February 07, 2024

Current estimated payment $2,064/month

61 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 4 Car Garage

About This Home

As of February 2024

Well-maintained fourplex in Raytown, featuring two bedrooms and one bathroom units, providing attractive rental options. The property is fully occupied, with below-market rents, ensuring a reliable rental income stream from the start. With the ability to increase rents to boost future returns. Two of the four units are month to month, a great opportunity to raise rents.

A pre-inspection report and roof report are available in the supplements. Additionally, you'll find a detailed list of recent capital expenditure (cap-ex) repairs in the supplements. Professional property management is already in place and willing to collaborate with the new owners.

Last Agent to Sell the Property

David Riehle

1st Class Real Estate KC Brokerage Phone: 520-300-0335 License #2018017047 Listed on: 11/02/2023

Last Buyer's Agent

Earvin Ray

Compass Realty Group

Compass Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1972

Lot Details

  • 9,544

Home Design

  • Quadruplex
  • Brick Frame
  • Synthetic Roof

Parking

  • 4 Car Garage
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • 2-Story Property
  • 9,544 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 32-820-07-45-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • $3,771.11 Association
  • Raytown Beach View Subdivision

Building Details

  • Gross Income $31,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,771

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1972
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: David Riehle
  • List Office Mls Id: HMSCREC
  • List Office Name: 1st Class Real Estate KC
  • List Office Phone: 816-919-0044
  • Mls Status: Sold
  • Operating Expense: 6076
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Major Repair Costs: 0.00
  • Major Repair Description: N/A
  • Package: No
  • Other Incentive Description: home warranty
  • Attribution Contact: 520-300-0335
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Synthetic
  • Construction Materials: Brick & Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4

Utilities

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

Association/Amenities

  • Association Name: $3,771.11
  • Association: No

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Fee Information

  • Deposit: Alliance Title

Schools

  • Junior High Dist: Raytown

Lot Info

  • Zoning: city
  • Lot Size Sq Ft: 9544
  • Parcel Number: 32-820-07-45-00-0-00-000
  • Subdivision Name: Raytown Beach View
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: Month To Month,Six Month Lease

Multi Family

  • Gross Income: 31620
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 11, 2023
Sold by
Chantry Joseph and Chantry Heather
Bought by
Aquino Emil Samuel
Seller's Agent
David Riehle
1st Class Real Estate KC
Buyer's Agent
Earvin Ray
Compass Realty Group
List Price
$350,000
Views
156
Current Estimated Value
$343,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.93%
Original Mortgage
$332,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jun 6, 2018
Sold by
Cadwell Blake A and Cadwell Amy Ann
Bought by
Fight Brands Real Estate Llc
Seller's Agent
johnny youssef
Platinum Realty LLC
Buyer's Agent
Rustin Dowd
KW Diamond Partners
List Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$188,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2017
Sold by
Keylargo Properties Inc
Bought by
Cadwell Blake A and Cadwell Amy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2017
Sold by
All I Want Llc
Bought by
Keylargo Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2012
Sold by
Ditzler Rentals Llc
Bought by
I Want Llc

Purchase Details

Closed on
Oct 5, 2012
Sold by
Ditzler Rentals Llc
Bought by
All I Want Llc

Purchase Details

Closed on
Dec 21, 2007
Sold by
Crollett Jeffrey A and Crollett Kanjana
Bought by
Ditzler Rentals Llc

Purchase Details

Closed on
Nov 27, 2007
Sold by
Ditzler Rentals Llc
Bought by
Crollett Jeffrey A and Crollett Kanjana

Purchase Details

Closed on
Oct 31, 2007
Sold by
Riddle Helene D
Bought by
Ditzler Rentals Llc

Purchase Details

Closed on
Feb 15, 2007
Sold by
Riddle William B
Bought by
Riddle Helene D

Purchase Details

Closed on
Dec 22, 2005
Sold by
Riddle Cynthia A
Bought by
Riddle William B
Source: Public Records
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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
Aquino Emil Samuel -- None Listed On Document
Fight Brands Real Estate Llc -- Platinum Title Llc
Cadwell Blake A -- Alpha Title
Keylargo Properties Inc -- None Available
I Want Llc -- None Available
All I Want Llc -- None Available
Ditzler Rentals Llc -- Old Republic Title Company O
Crollett Jeffrey A -- Old Republic Title Company
Ditzler Rentals Llc -- Stewart Title North Title &
Riddle Helene D -- None Available
Riddle William B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aquino Emil Samuel $332,500
Previous Owner Fight Brands Real Estate Llc $188,000
Previous Owner Cadwell Blake A $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2024 02/07/24 Sold -- -- --
01/03/2024 01/03/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $350,000 0.0% --
11/28/2023 11/28/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $350,000 +40.1% --
06/20/2018 06/20/18 Sold -- -- -- View Prior Sale
03/19/2018 03/19/18 Price Changed $249,900 -3.8% --
03/12/2018 03/12/18 For Sale $259,900 -- --
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 $3,419 $43,580 $3,591 $39,989
2024 $3,396 $37,897 $3,874 $34,023
2023 $3,396 $37,897 $5,814 $32,083
2022 $3,771 $40,090 $4,076 $36,014
2021 $3,784 $40,090 $4,076 $36,014
2020 $3,352 $35,176 $4,076 $31,100
2019 $3,334 $35,176 $4,076 $31,100
2018 $1,910 $20,872 $2,035 $18,837
2017 $1,910 $20,872 $2,035 $18,837
2016 $1,852 $20,349 $2,280 $18,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2459073

Heartland MLS

APN: 32-820-07-45-00-0-00-000