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    • Price cut: $100 (7/13)
    $349,900

    1954 S Lake Ter, Independence, MO 64055

    3beds
    1,919sqft
    : 
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    Single Family Residence
    Built in 1940
    0.45 Acres Lot
    $-- Zestimate®
    $182/sqft
    $6/mo HOA

    What's special

    Cozy fireplaceStone cottageTree-lined streets without streetlightsTimeless characterHardwood floorsPark-like setting
    Back on the market and better priced — this is the second chance smart buyers wait for. The previous contract fell through due to the buyer's personal circumstances, no fault of the home, and the hard work is already done: inspections and appraisal are complete at the prior list price, clearing the way for a fast, confident close. Now offered at $349,900, this Golden Acres stone cottage sits on nearly ½ acre — a setting that simply doesn't exist elsewhere in this price range. Tucked at the end of a peaceful cul-de-sac and backing to Drumm Farm Golf Course, it delivers that exhale-the-moment-you-pull-in feeling. Golden Acres was developed by Kroh Brothers, the same builder behind Leawood Estates, and offers tree-lined streets without streetlights, a park-like setting, and neighbors who take pride of ownership. A cheerful sun porch with exposed stone details flexes as a sitting room or home office. Inside, generous windows fill the main level with light across hardwood floors, a cozy fireplace, and timeless character. The main-level primary suite (added 2011) offers a private retreat with ensuite bath and walk-in closet, while the second level provides a potential second primary suite with dormer, newer windows, and an updated full bath. Original character meets thoughtful updates throughout — this home was even featured in the Kansas City Star. 3 bedrooms, 3 full baths, and a price and paperwork position built for a smooth close. You will enjoy showing this home.
    186 days
    |
    1,138
    |
    61
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy White Baldridge 816-803-9902,

    ReeceNichols - Lees Summit

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2592085MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 12 x 14
      Bedroom 2
      • Level: First
      • Area: 117 Square Feet
      • Dimensions: 9 x 13
      Bedroom 3
      • Features: Carpet, Walk-In Closet(s)
      • Level: Second
      • Area: 540 Square Feet
      • Dimensions: 30 x 18
      Primary bathroom
      • Features: Ceramic Tiles, Shower Only, Walk-In Closet(s)
      • Level: First
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Bathroom 1
      • Features: Ceramic Tiles, Shower Over Tub
      • Level: Second
      • Area: 77 Square Feet
      • Dimensions: 11 x 7
      Bathroom 1
      • Features: Tub Only
      • Level: First
      • Area: 35 Square Feet
      • Dimensions: 7 x 5
      Dining room
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Family room
      • Features: Fireplace
      • Level: First
      • Area: 228 Square Feet
      • Dimensions: 12 x 19
      Kitchen
      • Features: Pantry
      • Level: First
      • Area: 110 Square Feet
      • Dimensions: 11 x 10
      Other
      • Level: First
      • Area: 35 Square Feet
      • Dimensions: 5 x 7
      Sun room
      • Features: Luxury Vinyl
      • Level: First
      • Area: 108 Square Feet
      • Dimensions: 12 x 9
      Heating
      • Forced Air
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Disposal, Free-Standing Electric Oven
      • Laundry: In Basement, In Bathroom
      Features
      • Ceiling Fan(s), Walk-In Closet(s)
      • Flooring: Ceramic Tile, Wood
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      • Basement: Full,Stone/Rock,Sump Pump
      • Number of fireplaces: 1
      • Fireplace features: Electric, Family Room
      Interior area
      • Total structure area: 1,919
      • Total interior livable area: 1,919 sqft
      • Finished area above ground: 1,919

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage Door Opener, Garage Faces Front
      • Garage spaces: 2
      Features
      • Patio & porch: Patio, Porch
      • Exterior features: Dormer
      • Fencing: Metal,Partial
      Lot
      • Size: 0.45 Acres
      • Features: On Golf Course, City Lot, Cul-De-Sac
      Details
      • Additional structures: Shed(s)
      • Parcel number: 26720071300000000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Stone, Wood Siding
      • Roof: Composition
      Condition
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Security System, Smoke Detector(s)
      • Subdivision: Golden Acres
      HOA
      • Has HOA: Yes
      • Services included: Other
      • HOA fee: $75 annually
      • HOA name: Drumm Farm HOA
      Location
      • Region: Independence

      Financial & listing details

      • Price per square foot: $182/sqft
      • Tax assessed value: $236,720
      • Annual tax amount: $3,089
      • Date on market: 1/8/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Estate/Trust

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/13/2026Price change$349,9000%$182/sqft
        Source: Heartland MLS as distributed by MLS GRID #2592085 Report a problem
        6/24/2026Price change$350,000-1.4%$182/sqft
        Source: Heartland MLS as distributed by MLS GRID #2592085 Report a problem
        6/11/2026Listed for sale$355,000$185/sqft
        Source: Heartland MLS as distributed by MLS GRID #2592085 Report a problem
        4/25/2026Pending sale$355,000$185/sqft
        Source: Heartland MLS as distributed by MLS GRID #2592085 Report a problem
        4/9/2026Price change$355,000-1.4%$185/sqft
        Source: Heartland MLS as distributed by MLS GRID #2592085 Report a problem
        3/7/2026Price change$359,900-2.7%$188/sqft
        Source: Heartland MLS as distributed by MLS GRID #2592085 Report a problem
        2/15/2026Price change$370,000-3.9%$193/sqft
        Source: Heartland MLS as distributed by MLS GRID #2592085 Report a problem
        1/8/2026Listed for sale$385,000+162.1%$201/sqft
        Source: Heartland MLS as distributed by MLS GRID #2592085 Report a problem
        5/14/2014Sold--
        Source: Heartland MLS as distributed by MLS GRID #1874812 Report a problem
        7/24/2010Listing removed$146,900$77/sqft
        Source: Mc Clain Brothers Real Estate #1682966 Report a problem
        7/10/2010Listed for sale$146,900$77/sqft
        Source: Mc Clain Brothers Real Estate #1682966 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,089 +0%$44,977 +0.9%
        2024$3,089 +2.3%$44,585
        2023$3,019 +20.2%$44,585 +31.1%
        2022$2,512 +0%$34,010
        2021$2,511 +11.4%$34,010 +14.6%
        2020$2,255 +1.6%$29,670
        2019$2,219 $29,670 +8.4%
        2018$2,219 +0.5%$27,380
        2017$2,206 +4.7%$27,380 +2.6%
        2016$2,108 +4.9%$26,693 +3%
        2014$2,010 +0.6%$25,916
        2013$1,998 +9.3%$25,916
        2012$1,828 +8.3%$25,916 +7.9%
        2011$1,688 +2.5%$24,016 +6.4%
        2010$1,647 -2.6%$22,566
        2009$1,692 +0.2%$22,566 -6%
        2008$1,688 +0.6%$24,006
        2007$1,677 +0.1%$24,006 +1%
        2006$1,677 +10%$23,769
        2005$1,524 +0%$23,769 +13%
        2004$1,524 +17.1%$21,035
        2003$1,301 +0.3%$21,035 +15%
        2002$1,297 +10%$18,291
        2001$1,179 $18,291
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Hanthorn

        Getting around

        6 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sycamore
        • Middle: Bridger
        • High: Truman

        Source: Heartland MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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