NOT LISTED FOR SALE

9506 W 54th St Shawnee, KS 66203

Estimated Value: $326,000 - $345,000

4 Beds
2 Baths
-- Sq Ft
0.43 Acres

Last Sold December 28, 2016

Current estimated payment $2,058/month

18 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Storage
  • Porch
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of December 2016

100% Leased up and cash flowing renovated duplex. All new asphalt Driveway, Garage Doors and openers, Timberline Roof with a lifetime warranty, 6 panel recessed doors, hardware, landscaping. Both 9506 and 9508 have long term tenants in place so start your investment immediately without having to find tenants. Both units rent for $815/MO. One unit just a lease extension @ $865/mo that takes effect 6/17. Located on a cul-de-sac on a private wooded lot of almost half and acre! Tenants are responsible for paying water, sewer, electric, gas, yard maintenance and snow removal. PLEASE REVIEW THE INVESTOR PACKET IN THE SUPPLEMENTS FOR THE FINANCIALS, RETURNS, CAP RATES...ETC.

Last Listed By

Erik Collier

Traditions Real Estate LLC License #SP00232407 Listed on: 10/11/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 1964

Lot Details

  • 0.43 Acre Lot
  • Private Entrance

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Storage
  • Wood Flooring
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector
  • Eat-In Kitchen

Parking

  • 2 Car Attached Garage
  • Secure Parking

Schools

  • Merriam Park Elementary School
  • Sm North High School

Additional Features

  • Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number JP18300000 0001

Community Details

Overview

  • 2 Units
  • Dinwiddies Addition Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $19,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,329

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: DINWIDDIE'S ADD LT 1 & E 1/2 LT 2 MEC 1475
  • Major Repair Costs: 4000.00
  • Major Repair Description: Electrical Panel and service upgrade
  • Warranty Description: Seller Provides
  • Package: Yes
  • Year Built: 1964
  • Dining Area Features: Eat-In Kitchen
  • Down Payment Deprecated: Yes
  • Exclude From Reports: No
  • Home Warranty Company: Buyers Choice
  • Home Warranty Cost: 450
  • Home Warranty Deductable: neg
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Erik Collier
  • List Office Mls Id: KW05
  • List Office Name: Keller Williams Diamond Part
  • List Office Phone: 913-322-7500
  • Maintenance Description: Lawn
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 2496
  • Other Room Features: Family Room
  • Special Documents Required: No
  • Tax Total Amount: 1329
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Central Storage, Individual Storage, Private Entry
  • Basement: Yes
  • Flooring: Wood Floors
  • Laundry Features: Central Laundry, In The Basement
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Trim, Vinyl Siding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, Secured
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Telecommunications: Cable - Available
  • Utilities: Cent Water Heater
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Shawnee Mission
  • Elementary School: Merriam Park
  • Middle School: Hocker Grove
  • High School: SM North
  • Middle/Junior School: Hocker Grove

Lot Info

  • In Floodplain: No
  • Zoning: RES
  • Lot Size Area: 18786.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 18786.00
  • Parcel Number: JP18300000 0001
  • Subdivision Name: Dinwiddies Addition

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 19560
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1329.00

MLS Schools

  • Elementary School: Merriam Park
  • School District: Shawnee Mission
  • High School: SM North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2017
Sold by
Gillen Stuart C and Gillen Ginger R
Bought by
Catcane I Llc
Total Days on Market
18
Current Estimated Value
$335,678

Purchase Details

Closed on
Feb 14, 2005
Sold by
Newman Kimberly
Bought by
Newman Michael

Purchase Details

Closed on
Jul 24, 2003
Sold by
Newman Michael G and Newman Kimberly K
Bought by
Newman Michael G and Newman Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,473
Interest Rate
5.24%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
Catcane I Llc -- None Available
Newman Michael -- None Available
Newman Michael G -- Old Republic Title Co Of Ks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillen Stuart C $133,425
Previous Owner Vortex Properties Llc $124,500
Previous Owner Newman Michael G $75,492
Previous Owner Newman Michael G $52,473
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2016 12/28/16 Sold -- -- --
10/29/2016 10/29/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $189,900 -- --
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
2024 $3,323 $31,268 $5,568 $25,700
2023 $3,111 $29,773 $5,568 $24,205
2022 $2,787 $25,760 $5,059 $20,701
2021 $2,660 $23,426 $4,591 $18,835
2020 $2,527 $22,103 $3,996 $18,107
2019 $2,650 $23,138 $3,475 $19,663
2018 $2,472 $21,505 $3,157 $18,348
2017 $1,732 $14,973 $3,157 $11,816
2016 $1,350 $11,615 $3,157 $8,458
2015 $1,329 $11,523 $3,157 $8,366
2013 -- $10,178 $3,157 $7,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2016163

Heartland MLS

APN: JP18300000-0001