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Off market
  • $394,300

    505 NW Olive St, Lees Summit, MO 64063

    2beds
    4baths
    2,540sqft
    MultiFamily
    Built in 1987
    -- sqft lot
    $394,300 Zestimate®
    $155/sqft
    $1,561 Estimated rent

    Home value

    $394,300

    $359,000 - $430,000

    $1,561/mo

    Zestimate® history
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    Owner options

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    $1,561/mo

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    $1,561/mo

    Rent Zestimate®

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    $2,522/mo

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    $2,522/mo

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    What's special

    Large lot with duplex to back of lot and single family house up front. Current owners will have the house torn down at their expense. If buyer wants to salvage the house or parts thereof prior to its destruction, sellers is agreeable. The house was rented for $795 per month until April of this year. The floors are buckling due to improper support. Duplex units in great shape with long term tenant on one side.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 2,540 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 61310043500000000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1987

    Community & neighborhood

    Location
    • Region: Lees Summit

    Price history

    DateEventPrice
    1/1/2015Listing removed$125,000$49/sqft
    Source: Berkshire HathawayHS KC Realty #1898822 Report a problem
    8/12/2014Listed for sale$125,000$49/sqft
    Source: Berkshire HathawayHS KC Realty #1898822 Report a problem
    11/25/2003Sold--
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,134 +15.8%$70,608 +15%
    2024$4,433 +0.7%$61,398
    2023$4,401 -2.7%$61,398 +9.5%
    2022$4,525 -2%$56,050
    2021$4,618 +3.9%$56,050 +5%
    2020$4,443 +2.8%$53,398
    2019$4,322 $53,398 +14.9%
    2018$4,322 +4%$46,474 +1458%
    2017$4,157 +214%$2,983 -24.2%
    2016$1,324 +7.1%$3,933 -71.6%
    2014$1,236 +0.1%$13,841
    2013$1,235 -0.2%$13,841
    2012$1,237 +0.4%$13,841
    2011$1,232 +1.8%$13,841
    2010$1,210 -0.8%$13,841
    2009$1,219 +0.4%$13,841 -2%
    2008$1,215 +9.3%$14,122
    2007$1,111 +0.1%$14,122 +11%
    2006$1,110 +11.8%$12,724
    2005$993 +6.8%$12,724 +15%
    2004$930 +12.1%$11,064
    2003$830 +3%$11,064 +15%
    2002$806 +0.1%$9,621
    2001$805 $9,621

    Find assessor info on the county website

    Neighborhood: 64063

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $394,300
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    Estimated market value
    $394,300