7620 N Park Ave Gladstone, MO 64118

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3 beds · 3 baths · 1,532 sq ft · Lot Size: 8,276 sq ft · Single Family Home · Maple Woods
Est. Property Value: $234,620

High Demand Long-Term RentalValued below Market MedianOwned for Less Than 5 YearsOwner Age 65 - 75

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7620 N Park Ave is in the Maple Woods neighborhood of Gladstone, MO. It is located in Clay County and ZIP code 64118. This Single Family Home was built in 1977 and is approximately 48 years old. The single family home spans 1532 sq ft with 3 bedrooms and 3 bathrooms and sits on a 8276 sq ft lot. According to public records, it was last sold in 2022 for $175,000 and has a tax-assessed value of $184,400, which is $153 per sq ft. The Maple Woods area of Gladstone has 11 residential homes with an average size of 1532 sq ft. Analyze and compare real estate investment strategies for properties like this home at 7620 N Park Ave Gladstone, MO 64118 with Property Intel by Whitepages.

7620 N Park Ave

Gladstone, MO 64118

Owner Info

Owners & Occupancy for 7620 N Park Ave

This property is owned by Diana Lynn Balandran. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

Cell Phone(785) ***-****View Cell Phone
Residence***************
Landline(928) 722-5663
Distance from Property**********
Email Address******@cs.comView Email
View All Owner Info

Occupancy

Current Occupancy******View Occupancy

Property Financials for 7620 N Park Ave

7620 N Park Ave, Gladstone, MO has a mortgage from Arvest Bk (orig. December 20, 2022). The Clay county assessment for 2024 values it at $184,400, with annual taxes of $2,532.

Mortgage & Equity Information

Loan Amount$******
LenderArvest Bk
Origination DateDecember 20, 2022
Interest Rate****%
Term30 Years
Rate TypeAdjustable
Est Balance$********
Due Date****************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateDecember 20, 2022
Property Tax Amount$2,532 in 2024
Purchase Price$175,000
Assessed Value$184,400 on 2024

Investment Potential for 7620 N Park Ave

The property has a current estimated value of $234,620, which is 15% below the neighborhood median, based on public records. It last sold on December 20, 2022 for $175K. Projected long-term
is $21,000 annually ($1,750 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$21,000 per year($1,750 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
92%in 64118 zip code
 
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Property Details for 7620 N Park Ave

Property Details

Property Sq Ft

Living Area

1,532 sq ft

0% above market

Lot Size

8,276 sq ft

24% below market

Price Per Sq Ft

Living Area

$153 / sq ft

3% below market

Lot Size Area

$28 / sq ft

8% above market

Property condition, age, exterior, etc. for 7620 N Par…
Longitude: -94.552585 Latitude: 39.23273 Parcel Number (APN): 13-608-00-17-015.00…

Recommended Properties in Maple Woods

Discover more single family homes near 7620 N Park Ave in Gladstone, Missouri. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 7620 N Park Ave in Clay County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$234,620
$236,598
-$1,978 (-1%)
$******
$357,371
-$60,774 (-17%)
YoY Price Change
****%
1.94%
-460%
Year Built
1977
1974
3 years
Living Space
1,532 sq ft
1,500 sq ft
32 (2%)
$ Per Living Sq Ft
$153
$159
-$6 (-4%)
Lot Size
8,276 sq ft
11,089 sq ft
-2813 (-25%)
$ Per Lot Sq Ft
$28
$21
$8 (37%)

Net Operating Income
$*****
$14,804
-$856 (-6%)
Annual Revenue
$21,000
$22,200
-$1,200 (-5%)
$****
$6,658
$394 (6%)
Net Operating Income
$*****
$14,804
-$856 (-6%)
Cap Rate
****%
6.05%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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