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1603 Bessie Street

1603 Bessie Street, Cape Girardeau, MO 63701
Property in Cape Girardeau
Sold Oct 31, 2023
$199,212
$203,278 by Mortgage Research Center, Llc
Mortgage Due Nov 01, 2053
Sold Sep 08, 2023
$175,560
$132,000 by Southern Bank
Mortgage Due Sep 10, 2026
Local assessors in Cape Girardeau, MO have categorized 1603 Bessie Street as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 7,144 square feet. The linear feet between the front and back of the lot was measured at 1,425 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1603 Bessie Street has a total of 1,112 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,080 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of rock and stone were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1603 Bessie Street was last sold in Oct 30, 2023 for $199,212. According to our calculations, that's $179.15 per sqft. Prior to that sales transaction, the property was sold for $175,560 in Sep 7, 2023. Current property owners are expected to pay $895 in taxes per year. The property on 1603 Bessie Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $17,230. To break that down further, the land itself was valued at $1,440. While improvements to the property were assessed at a total of $15,790. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,080
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,144
  • Lot Size Depth Feet: 1,425
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,112
  • Building Area: 1,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET TERRACE
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 12 BLK 8 SUNSET TERRACE 03/51

Ownership

  • Current Owner : LYONS JORDAN
  • Previous Owner : TEGEL LEGACY PROPERTIES LLC
  • Owner Before Previous Owner: SOLOMON SEAN MICHAEL
  • Owner Before Previous Owner 2: SOLOMON FAITH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Cape Girardeau 63 School District
  • School Tax School District: 1
  • School Tax District Code 2: 30
  • School Tax District Code 3: 2
  • Census Tract: 881100

Geography

  • Parcel: 167170025002000000
  • Block: 8
  • Lot: 12
  • Meridian: SEC 31 TWN 31S RNG 14E
  • Municipality: CAPE GIRARDEAU
  • Latitude: 37.3093
  • Longitude: -89.5405

    Address

  • Full Address: 1603 Bessie St
  • Address - House Number: 1603
  • Address - Street Name: Bessie
  • Address - Suffix Type: St
  • State: MO
  • City Name: Cape Girardeau
  • Carrier Code: C003
  • 4-Digit Zip Code: 5201
  • Zip Code: 63701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $895

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 173,734
  • High Value: 215,463
  • Low Value: 132,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,278
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Oct 31, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $203,278
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $90,706
  • Market Land Value: $7,595
  • Market Improvement Value: $83,111

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,230
  • Assessed Land Value: $1,440
  • Assessed Improvements Value: $15,790

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Transaction ID: 11915602925
  • Current Sale Price: $199,212
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8968
  • Previous Sale Recording Date: Sep 08, 2023
  • Previous Sale Contract Date: Sep 07, 2023
  • Previous Sale Amount: $175,560
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Oct 31, 2023
  • First Mortgage Loan Amount: $203,278
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHERN BANK
  • Previous Mortgage Transaction Date: Sep 08, 2023
  • Previous Mortgage Loan Amount: $132,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 10, 2026

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Frequently Asked Questions

What neighborhood is 1603 Bessie Street located in?
The 1603 Bessie Street is a located in the neighborhood of Cape Girardeau in Cape Girardeau, Cape Girardeau.
What is the average sales price for listings in 1603 Bessie Street?
The average sales price for units in 1603 Bessie Street is $0 currently.

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