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734 West Drake Road

734 West Drake Road, Marshall, MO 65340
Property in Saline
Sold Aug 20, 2018
$176,507
$141,206 by Wood & Huston Bk
Mortgage Due Aug 17, 2043
734 West Drake Road in Marshall, MO was first built in 1950 and is 74 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. 734 West Drake Road has 1,242 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 322,344 square feet.

Learn more about the property and building on this page. 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, 734 West Drake Road sold most recently in Aug 17, 2018 for a total of $176,507. If you work out the math, that's approximately a cost of $142.12 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $782 in taxes each year. 734 West Drake Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,720. If we break it down further, the land itself was valued at $740. Improvements to the property, however, were assessed at a total of $11,980. 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. 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.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.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 2
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 322,344
  • Total Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 7.4
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: TRACT MAR IRR LOTS

Ownership

  • Current Owner : SMITH DONALD L
  • Current Owner 2: SMITH KAREN S
  • Previous Owner : SANDERS RONALD E
  • Previous Owner 2: SANDERS JOANN

Neighborhood

  • School District Name: Marshall School District
  • School Tax School District: MARSHALL SCHOOL
  • School Tax District Code 2: MARSHALL SRD
  • School Tax District Code 3: CITYOF MARSHALL
  • Census Tract: 090200

Geography

  • Assessors Map Reference: PM: 17-08
  • District: 3
  • Parcel: 030017-802700-000-023000
  • Block: 50
  • Lot: 0003000
  • Meridian: SEC 27 TWN 50N RNG 21W
  • Municipality: MARSHALL CITY
  • Latitude: 39.0866
  • Longitude: -93.2061

    Address

  • Full Address: 734 W Drake Rd
  • Address - House Number: 734
  • Street Direction: W
  • Address - Street Name: Drake
  • Address - Suffix Type: Rd
  • State: MO
  • City Name: Marshall
  • Carrier Code: R002
  • 4-Digit Zip Code: 4874
  • Zip Code: 65340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $782
  • Tax Rate Code Area: 0300

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 131,247
  • High Value: 163,393
  • Low Value: 99,100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $141,206
  • First Open Lien Mortgage Lender: WOOD & HUSTON BK
  • First Open Lien Mortgage Recording Date: Aug 20, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $141,206
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 17, 2043

    Market Valuation

  • Market Total Value: $67,842
  • Market Land Value: $4,440
  • Market Improvement Value: $63,402

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,720
  • Assessed Land Value: $740
  • Assessed Improvements Value: $11,980

    Sales

  • Current Sale Contract Date: Aug 17, 2018
  • Current Sale Recording Date: Aug 20, 2018
  • Current Sale Transaction ID: 11799553399
  • Current Sale Price: $176,507
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WOOD & HUSTON BK
  • First Mortgage Transaction Date: Aug 20, 2018
  • First Mortgage Loan Amount: $141,206
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Aug 17, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Marshall



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Frequently Asked Questions

What neighborhood is 734 West Drake Road located in?
The 734 West Drake Road is a located in the neighborhood of Saline in Marshall, Marshall.
What is the average sales price for listings in 734 West Drake Road?
The average sales price for units in 734 West Drake Road is $0 currently.

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