NOT LISTED FOR SALE

925 NE Ridgeview Dr Lee's Summit, MO 64086

Estimated Value: $346,000 - $536,000

8 Beds
4 Baths
-- Sq Ft
0.41 Acres

Last Sold July 28, 2022

Current estimated payment $2,994/month

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Central Air
  • Bernard C. Campbell Middle School Rated A
  • 4 Car Attached Garage
  • Private Entrance

About This Home

As of July 2022

Corner lot. New roof just a few yrs old. I unit has a 2 car garage
the other 3 a 1 car garage... rents are very low.

Last Agent to Sell the Property

Judy Engle

Realty Professionals Heartland License #1999120426 Listed on: 06/24/2022

Last Buyer's Agent

Ask Cathy

Keller Williams Platinum Prtnr

Keller Williams Platinum Prtnr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 1991

Lot Details

  • 0.41 Acre Lot
  • Private Entrance
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Assigned Parking

Schools

  • Meadow Lane Elementary School
  • Lee's Summit North High School

Additional Features

  • Deck
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 52-840-11-15-00-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Ridgeview Manor Subdivision

Building Details

  • Gross Income $33,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,902

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 21-30 Years
  • Legal Description: Lot 15, Ridgeview Manor 2nd Plat, a subdivision in Jackson County, Lee's Summit, MO according to the recorded Plat thereof.
  • Package: No
  • Year Built: 1991
  • 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: Judy Engle
  • List Office Mls Id: RMX 15
  • List Office Name: RE/MAX Elite, REALTORS
  • List Office Phone: 816-373-8400
  • Maintenance Description: Building Exterior, Lawn
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 11490
  • Special Documents Required: No
  • Tax Total Amount: 5902
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To Some, Private Entry
  • Basement: No
  • Stories: 2

Exterior Features

  • Exterior Features: Fenced Area
  • Roof: Composition
  • Construction Materials: Frame, Wood Siding
  • Patio And Porch Features: Deck, Patio
  • Road Surface Type: Paved

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: City/Public
  • Telecommunications: Cable - Available, Fiber - Available
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Schools

  • School District: Lee's Summit
  • Elementary School: Meadow Lane
  • Middle School: Bernard Campbell
  • High School: Lee's Summit North
  • Middle/Junior School: Bernard Campbell

Lot Info

  • In Floodplain: No
  • Zoning: Multi
  • Lot Size Area: 17904.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 17904.00
  • Parcel Number: 52-840-11-15-00-0-00-000
  • Subdivision Name: Ridgeview Manor

Rental Info

  • Existing Lease Terms: Other

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 33900
  • Current Occupancy Rate: Over 95%
  • Gross Multiplier: 11.80
  • Operating Expenses Include: Maintenance, Other, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 5902.00

MLS Schools

  • Elementary School: Meadow Lane
  • School District: Lee's Summit
  • High School: Lee's Summit North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jun 4, 2020
Sold by
Mccormick John C and Spellerberg David W
Bought by
Austin Tayler Properties 15 Series Llc
Seller's Agent
The Carter Group
Keller Williams Platinum Prtnr
Buyer's Agent
Judy Engle
Realty Professionals Heartland
List Price
$400,000
Current Estimated Value
$464,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$390,000
Outstanding Balance
$349,498
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$113,835
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
Austin Tayler Properties 15 Series Llc -- Security 1St Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Tayler Properties 15 Serles Lc $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold -- -- --
06/27/2022 06/27/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $450,000 +12.5% --
06/04/2020 06/04/20 Sold -- -- --
04/30/2020 04/30/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $400,000 -- --
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 $5,618 $77,811 $11,020 $66,791
2023 $5,578 $77,811 $11,820 $65,991
2022 $5,782 $71,630 $10,574 $61,056
2021 $5,902 $71,630 $10,574 $61,056
2020 $5,228 $62,833 $10,574 $52,259
2019 $5,085 $62,833 $10,574 $52,259
2018 $4,069 $46,655 $4,549 $42,106
2017 $4,069 $46,655 $4,549 $42,106
2016 $4,008 $45,486 $2,907 $42,579
2014 $3,910 $43,501 $2,905 $40,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2389728

Heartland MLS

APN: 52-840-11-15-00-0-00-000