Off MarketNeutral Deal3 days on market
22350 Grass Pad Rd
22350 Grass Pad Rd, Platte City, MO 64079, Platte City, MO 64079
$3,450,000
Listing Price
22350 Grass Pad Rd, Platte City, MO 64079
Loc: Platte City, MO
Days Listed
3
Tax Assessed
$1148k
Lot Size
84.36 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Central Elementary School
PK-5
8.2 mi away
7
WEST PLATTE MIDDLE
6-8
8.2 mi away
9
West Platte High School
9-12
8.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
rural estateprivate pondacreagecountry livingexpansive landscapesecludedscenicnatural settingranchwooded bordersoutdoor recreationspaciouspeacefulgated driveway
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.72%
Total ROI
104.9%
Cash Flow
$1,417/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,417/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • Strong rental demand in Platte City
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2022-08-15 | Sold | $0 | – |
| 2022-07-06 | Pending sale | $2,350,000 | $186 |
| 2022-05-17 | Price change | $2,350,000 | $186 |
| 2022-05-05 | Listed for sale | $2,500,000 | $198 |
| 2022-04-27 | Pending sale | $2,500,000 | $198 |
| 2021-10-06 | Price change | $2,500,000 | $198 |
| 2021-06-15 | Listed for sale | $2,800,000 | $222 |
| 2021-01-03 | Listing removed | $0 | – |
| 2020-10-21 | Pending sale | $2,850,000 | $226 |
| 2019-11-27 | Listed for sale | $2,850,000 | $226 |
| 2019-08-17 | Listing removed | $2,650,000 | $210 |
| 2019-06-04 | Price change | $2,650,000 | $210 |
| 2018-05-15 | Price change | $2,750,000 | $218 |
| 2017-08-10 | Listed for sale | $2,850,000 | $226 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $14,499.95 | $217,526 |
| 2024 | $13,700.65 | $217,526 |
| 2023 | $13,742.42 | $217,526 |
| 2022 | $13,882.94 | $217,526 |
| 2021 | $13,887.74 | $217,526 |
| 2020 | $14,493.53 | $218,151 |
| 2018 | $0 | $218,151 |
| 2017 | $14,565.5 | $218,151 |
| 2016 | $13,643.5 | $204,851 |
| 2015 | $13,665.36 | $204,851 |
| 2013 | $14,263.33 | $204,771 |
| 2012 | $0 | $204,771 |
| 2011 | $0 | $204,771 |
| 2010 | $0 | $280,771 |
| 2009 | $0 | $280,771 |
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