8116 Olive Street
8116 Olive Street, Kansas City, MO 64132
Sold Sep 22, 2020
$98,800
Buyer
Seller
$79,055
by Community Mortgage Llc
Mortgage Due Oct 01, 2050
Sold Jan 15, 2020
Transfer
Buyer
Seller
8116 Olive Street has been categorized by the local assessors in Kansas City, MO as a residential type of property.
The building on the property was first built in 1928 and is 96 years old.
The home has a total of 2 bedrooms.
Residents will have access to one full bathroom.
There is one partial bathroom in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 8116 Olive Street has 888 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft.
The area measurement of the land has been determined as 7,470 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 steel 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of asbestos shingle. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a radiant heating system and being fueled with gas. The property was last sold in Sep 1, 2020 for $98,800. That's $55.63 per sqft. 8116 Olive Street was last assessed in 2022. The total value of the property was assessed at $5,890. Specifically, the land the property is located on was valued at $2,280. While improvements on the property were assessed at a total of $3,610. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,263. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 steel 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of asbestos shingle. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a radiant heating system and being fueled with gas. The property was last sold in Sep 1, 2020 for $98,800. That's $55.63 per sqft. 8116 Olive Street was last assessed in 2022. The total value of the property was assessed at $5,890. Specifically, the land the property is located on was valued at $2,280. While improvements on the property were assessed at a total of $3,610. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,263. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Building Features
Exterior
Asbestos Siding
Parking
Off Street Parking
This property description is generated based on publicly available data.