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25 North 2nd Street

25 North 2nd Street, Kansas City, KS 66118
25 North 2nd Street has been categorized by the local assessors in Kansas City, KS as a industrial type of property. The building on the property was first built in 1951 and is 73 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 25 North 2nd Street has 11,016 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 26,572 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a space/suspended heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 25 North 2nd Street sold most recently in Nov 22, 2022 for a total of $99,750. If you work out the math, that's approximately a cost of $9.06 per sqft. Before that, the property was also sold for $2,250,900 in Aug 16, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $15,035 in taxes each year. 25 North 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $86,626. If we break it down further, the land itself was valued at $12,333. Improvements to the property, however, were assessed at a total of $74,293. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 11,016
  • Gross Building Area: 11,016
  • Building Area: 11,016
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Space/suspended
  • Heated Square Feet: 11,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Subdivision: K.C.K.-ARMSTRONG ST NOW 2ND ST
  • Land Acres: 0.61
  • Standard Land Use Code: Shipyard/storage - built or repaired (seagoing vessels)
  • Legal Description 1: K.C.K.-ARMSTRONG ST NOW 2ND ST, S10, T11, R25, ACRES 6.37, L120 L122 L124 L126 L128 L130 L132 L134 L136

Ownership

  • Current Owner : 6M PROPERTIES LLC
  • Previous Owner : LER PROPERTIES III LLC
  • Owner Before Previous Owner: 25 SOUTH WATER STREET LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kansas City Unified School District 500
  • School Tax School District: 500
  • Census Tract: 980500

Zoning

  • Zoning: KM3

Geography

  • Parcel: 142200
  • Lot: 120
  • Meridian: SEC 10 TWN 11S RNG 25E
  • Municipality: KANSAS CITY
  • Latitude: 39.1045
  • Longitude: -94.6126

    Address

  • Full Address: 25 N 2nd St
  • Address - House Number: 25
  • Street Direction: N
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: KS
  • City Name: Kansas City
  • Carrier Code: C037
  • 4-Digit Zip Code: 1103
  • Zip Code: 66118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,035
  • Tax Rate Code Area: 080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: BANK OF ODESSA
  • First Open Lien Mortgage Recording Date: Dec 08, 2022
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $346,500
  • Market Land Value: $49,330
  • Market Improvement Value: $297,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,626
  • Assessed Land Value: $12,333
  • Assessed Improvements Value: $74,293

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Transaction ID: 11899684700
  • Current Sale Price: $99,750
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 18363
  • Previous Sale Recording Date: Aug 24, 2021
  • Previous Sale Contract Date: Aug 16, 2021
  • Previous Sale Amount: $2,250,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ODESSA
  • First Mortgage Transaction Date: Dec 08, 2022
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FUSION BANK
  • Previous Mortgage Transaction Date: Aug 24, 2021
  • Previous Mortgage Loan Amount: $1,800,750
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 15, 2024

About Downtown Kansas City



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Frequently Asked Questions

What neighborhood is 25 North 2nd Street located in?
The 25 North 2nd Street is a located in the neighborhood of Central Industrial District in Downtown Kansas City, Kansas City.
What is the average sales price for listings in 25 North 2nd Street?
The average sales price for units in 25 North 2nd Street is $0 currently.

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