



$39,000
Under Contract505 Wallace Avenue, Kansas City, MO 64125
This home is under contract — it has an accepted offer.
About this home
HouseLoop user activity
HouseLoop last checked:
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Full bathrooms: 2
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Bedroom 5
- Level: Second
Bathroom 2
- Level: Second
Family Room
- Level: First
Kitchen
- Level: First
Dining Room
- Level: First
Bedroom 1
- Level: First
Utility Room
- Level: First
Bathroom 1
- Level: First
Heating
- Heating: Forced Air
Cooling
- Cooling: Central Gas
Appliances
- Laundry: Main Level
Features
- Flooring: Laminate, Wood
- Basement: Unfinished
Interior area
- Finished area above ground: 1,825 sqft
- Finished area below ground: 0 sqft
- Total interior livable area: 1,825 sqft
Property
Parking
- Total spaces: 0
- Parking features: Off Street
Lot
- Size: 0.13 Acres
- Features: City Lot
Construction
Type & style
- Home type: Residential
- Architectural style: Single Family Residence
Materials
- Materials: Board & Batten Siding
Condition
- Year built: 1918
- Age: 101 Years/More
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Highlights
Interior
- Hardwood Floors
Layout
- Basement
No HOA on this home.
GreatSchools rating
- 3Pitcher Elementary School
- 2Northeast Middle School
- 1East High School
Schools provided by the listing agent
- District: Kansas City Mo
Price history
- Annual tax amount: $1,567 / yr
Property tax history
| Year | Property tax | Assessed value |
|---|---|---|
| 2025 | $1,138 | $13,568 |
| 2024 | $1,567 | $19,855 |
| 2023 | $1,552 | $19,855 |
| 2022 | $844 | $10,260 |
| 2021 | $841 | $10,260 |
| 2020 | $804 | $9,688 |
| 2019 | $788 | $9,688 |
| 2018 | $788 | $9,635 |
| 2017 | $799 | $9,635 |
| 2016 | $750 | $9,394 |
| 2014 | $733 | $9,120 |
| 2013 | $738 | $9,120 |
505 Wallace Avenue, Kansas City, MO 64125 is an under-contract 5-bedroom, 2-bath, 1,825-square-foot single family residence listed for $39,000. MLS #2613984.
HouseLoop Mortgage Calculator
$417
Offer Insights
Choose an offer strength
$38,220 – $38,961
Estimated Sales Range
HouseLoop Home Value History
Already own a home? What's your home worth?
Enter your address to unlock your free HouseLoop Home Value Report — Zillow, Redfin, our HouseLoop value, the demand for it, and what the market's doing around it.
Similar listings and the Kansas City market
Look throughout Kansas City, Missouri
There are currently 2,166 homes for sale in Kansas City, with 850 under contract. Homes here sell for a median of $293,596 and go under contract in a median of 18 days. This home is priced $254,596 below the Kansas City median.
Kansas City sits in Jackson County, which covers 51 zip codes and 2,903 homes for sale. Nearby Lee's Summit runs a higher median at $400,000; Independence is lower at $220,000.
Sources — listings and prices: Heartland MLS as distributed by MLS GRID, as of September 30, 2026 · analysis: HouseLoop.
Frequently asked questions about 505 Wallace Avenue
How do I get more information about 505 Wallace Avenue?
It is a 5 bed, 2 bath, 1,825 sqft home listed at $39,000.
Ask Myli anything about this home right on this page — she can pull the schools, taxes, HOA and recent sales in Kansas City in seconds — or tap Ask a question to reach a HouseLoop agent directly.
Can I take a virtual tour of 505 Wallace Avenue?
Not yet — 505 Wallace Avenue doesn't have a video walkthrough posted with this listing, so the photos and floor plan on this page are the best preview available.
Ask Myli to find you three more like it in Kansas City, or tap Ask a question and a HouseLoop agent will build you a fresh list.
How many homes are for sale near 505 Wallace Avenue?
2,158 homes are currently for sale in Kansas City, MO.
More options nearby usually means more room to negotiate and more to compare this home against before you commit. Ask Myli to pull the closest matches by price and size, or tap Ask a question for a HouseLoop agent's read on it.
What is the 64125 neighborhood like?
505 Wallace Avenue sits in 64125. The median list here is $59,900, versus $267,500 across Kansas City, MO. Homes in 64125 go under contract in a median of 30 days, slower than Kansas City, MO as a whole.
A tighter zip code inside a bigger city often trades a little on price for a lot on convenience. Ask Myli how 64125 compares to nearby zips, or tap Ask a question for a HouseLoop agent's read on it.
How much is the monthly payment for 505 Wallace Avenue?
About $220 a month with 10% down at 6.5% over 30 years, before taxes and insurance; with this home's $1,567 tax bill folded in it lands near $450. Median sold price in Kansas City, MO is $292,855 — this $39,000 list is below it.
Your real number moves with the down payment and rate you lock — drag the sliders on this page, or tap Get pre-approved and Myli lines up a pre-approval in as little as 24 hours.
What is the price per square foot for 505 Wallace Avenue?
$21 per square foot ($39,000 over 1,825 sqft). Homes sold in Kansas City, MO over the same window went for a median of $174 per square foot, so this home is priced well below that per-square-foot median.
Price per square foot is the fastest way to compare this home to the next one you tour — See Offer insights below for how that stacks up against what's actually selling, or Ask Myli to pull three more like it nearby.
When was 505 Wallace Avenue built?
505 Wallace Avenue was built in 1918, so it is about 108 years old.
A home's age shapes what an inspection tends to flag — roof, HVAC and plumbing lifespans especially. Ask Myli what to expect from a home this age, or tap Ask a question for a HouseLoop agent's read on it.
How many bedrooms and bathrooms does 505 Wallace Avenue have?
505 Wallace Avenue is a home with 5 bedrooms and 2 bathrooms across 1,825 square feet, on a 0.13 acre lot, per the MLS record for this address.
Bed and bath count is usually the first filter a buyer sets, so it's worth confirming here before you compare this home to the next one. Ask Myli to pull three more nearby with the same layout, or tap Ask a question for a HouseLoop agent's read on it.
What is the lot size of 505 Wallace Avenue?
0.13 acres (about 5,530 square feet), per the county record for 505 Wallace Avenue.
Lot size drives what you can add later — a pool, a shop, room to expand — more than the house itself does. Ask Myli how that compares to other lots in Kansas City, or tap Ask a question to find out what's allowed.
Does 505 Wallace Avenue have a garage, a basement, air conditioning?
505 Wallace Avenue has a unfinished basement, and central gas cooling.
Garage size and a finished basement are two of the fastest ways to add real living space without a remodel. Ask Myli if that trade-off makes sense for your search, or tap Ask a question for a HouseLoop agent's read on it.
What are the floors made of in 505 Wallace Avenue?
Laminate and Wood, per the MLS record for 505 Wallace Avenue.
Flooring type affects both upkeep and resale — hard-surface floors show better in photos and hold up longer than carpet in high-traffic rooms. Ask Myli what buyers in Kansas City tend to prefer, or tap Ask a question for a HouseLoop agent's read on it.
What schools serve 505 Wallace Avenue?
Pitcher Elementary School (3/10), Northeast Middle School (2/10), East High School (1/10) in the Kansas City Mo district, per GreatSchools' 1-10 ratings for this address.
School assignment is one of the few things you can't change after closing, so it's worth confirming before you tour. Ask Myli to pull the full attendance boundary, or tap Ask a question to double-check with the district.
Is Kansas City, MO a buyer's or a seller's market right now?
Kansas City, MO is currently a seller's market (below-balanced inventory), with about 4 months of supply. Homes there go under contract in a median of 18 days.
That shapes how much room you have to negotiate and how fast you need to move. Ask Myli what that means for an offer on 505 Wallace Avenue, or tap Ask a question for a HouseLoop agent's read on it.
What are the property taxes for 505 Wallace Avenue?
Public records show about $1,567 a year (4% of the list price) for 505 Wallace Avenue. Taxes can change on reassessment, especially after a sale.
Property tax is folded into the payment estimate above — drag the sliders in the HouseLoop Mortgage Calculator to see how a different assessment would change your monthly number, or tap Get pre-approved to ask a lender directly.
Are there HOA fees for 505 Wallace Avenue?
No HOA is listed for 505 Wallace Avenue, and public records show none recorded on this parcel.
No HOA means more control over the property and no monthly fee, but also no shared maintenance budget for the roof, the street or the common areas. Ask Myli if that trade-off makes sense for you.
Is 505 Wallace Avenue still for sale?
505 Wallace Avenue went under contract on July 10, 2026, so it's off the market for now while the buyer's financing and inspections work their way through.
Financing and inspections still fall through sometimes, especially in the first few weeks. Tap ♥ to save it and Myli will text you the moment it comes back available.
Can I share 505 Wallace Avenue with someone?
Yes — tap the share icon on this page to send 505 Wallace Avenue by text, email, or straight to Facebook, X or WhatsApp.
Whoever opens it lands on this exact page, photos and FAQ included, no login required to view. Ask Myli to summarize the home in a few lines you can paste yourself instead, if that's faster.
How do I follow the Kansas City market?
Tap ♥ on 505 Wallace Avenue to get a text the moment its price or status changes, or search Kansas City on HouseLoop and tap Save search to hear about every new listing that matches.
A saved search runs in the background and checks itself, so you see a new listing the day it hits rather than a week later. Ask Myli to set one up for you in this conversation.
Can I ask a question about 505 Wallace Avenue?
Yes — ask her anything about 505 Wallace Avenue right below this list: the price history, the schools, what a fair offer looks like, or how it compares to what else is for sale in Kansas City.
She reads the full listing record and this page's own market data before she answers, and hands off to a HouseLoop agent the moment a question needs one. Tap Ask Myli below to start.
Listing data: Heartland MLS, distributed by MLS GRID. Market numbers: HouseLoop analysis of Heartland MLS data distributed by MLS GRID · over the last 12 months · Listing updated July 10, 2026 09:31 AM
This home's area
Popular searches in Kansas City, MO
Search nearby cities
Kansas City, MO homes for sale by zip code for sale · median sale · days to contract
HouseLoop analysis of Heartland MLS data distributed by MLS GRID · trailing 12 months. Median sale price: the median closed price among sold homes in that zip over the same window.
Counties homes for sale · median list price
Listed by Auben Realty MO, LLC
Listed April 14, 2026 06:10 AM · Source: Heartland MLS as distributed by MLS GRID · MLS #2613984
HouseLoop last checked:
Listing updated:
$39,000
Under Contract505 Wallace Avenue, Kansas City, MO 64125
About this home
Fire-damaged property with foundation intact and majority of framing remaining. Excellent opportunity for investor or rehabber to complete and capture value. Sold as-is, buyer to verify all conditions.
HouseLoop user activity
HouseLoop last checked:
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Property Details
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Full bathrooms: 2
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Bedroom 5
- Level: Second
Bathroom 2
- Level: Second
Family Room
- Level: First
Kitchen
- Level: First
Dining Room
- Level: First
Bedroom 1
- Level: First
Utility Room
- Level: First
Bathroom 1
- Level: First
Heating
- Heating: Forced Air
Cooling
- Cooling: Central Gas
Appliances
- Laundry: Main Level
Features
- Flooring: Laminate, Wood
- Basement: Unfinished
Interior area
- Finished area above ground: 1,825 sqft
- Finished area below ground: 0 sqft
- Total interior livable area: 1,825 sqft
Property
Parking
- Total spaces: 0
- Parking features: Off Street
Lot
- Size: 0.13 Acres
- Features: City Lot
Construction
Type & style
- Home type: Residential
- Architectural style: Single Family Residence
Materials
- Materials: Board & Batten Siding
Condition
- Year built: 1918
- Age: 101 Years/More
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Highlights
Interior
- Hardwood Floors
Layout
- Basement
HOA and Amenities
No HOA on this home.
Nearby schools
GreatSchools rating
- 3Pitcher Elementary School
- 2Northeast Middle School
- 1East High School
Schools provided by the listing agent
- District: Kansas City Mo
Price history
Tax
- Annual tax amount: $1,567 / yr
Property tax history
| Year | Property tax | Assessed value |
|---|---|---|
| 2025 | $1,138 | $13,568 |
| 2024 | $1,567 | $19,855 |
| 2023 | $1,552 | $19,855 |
| 2022 | $844 | $10,260 |
| 2021 | $841 | $10,260 |
| 2020 | $804 | $9,688 |
| 2019 | $788 | $9,688 |
| 2018 | $788 | $9,635 |
| 2017 | $799 | $9,635 |
| 2016 | $750 | $9,394 |
| 2014 | $733 | $9,120 |
| 2013 | $738 | $9,120 |
HouseLoop Insights
505 Wallace Avenue, Kansas City, MO 64125 is an under-contract 5-bedroom, 2-bath, 1,825-square-foot single family residence listed for $39,000. MLS #2613984.
HouseLoop Mortgage Calculator
$417
Offer Insights
Choose an offer strength
$38,220 – $38,961
Estimated Sales Range
HouseLoop Home Value History
Already own a home? What's your home worth?
Enter your address to unlock your free HouseLoop Home Value Report — Zillow, Redfin, our HouseLoop value, the demand for it, and what the market's doing around it.
Similar listings and the Kansas City market
Look throughout Kansas City, Missouri
There are currently 2,166 homes for sale in Kansas City, with 850 under contract. Homes here sell for a median of $293,596 and go under contract in a median of 18 days. This home is priced $254,596 below the Kansas City median.
Kansas City sits in Jackson County, which covers 51 zip codes and 2,903 homes for sale. Nearby Lee's Summit runs a higher median at $400,000; Independence is lower at $220,000.
Sources — listings and prices: Heartland MLS as distributed by MLS GRID, as of September 30, 2026 · analysis: HouseLoop.
Frequently asked questions about 505 Wallace Avenue
How do I get more information about 505 Wallace Avenue?
It is a 5 bed, 2 bath, 1,825 sqft home listed at $39,000.
Ask Myli anything about this home right on this page — she can pull the schools, taxes, HOA and recent sales in Kansas City in seconds — or tap Ask a question to reach a HouseLoop agent directly.
Can I take a virtual tour of 505 Wallace Avenue?
Not yet — 505 Wallace Avenue doesn't have a video walkthrough posted with this listing, so the photos and floor plan on this page are the best preview available.
Ask Myli to find you three more like it in Kansas City, or tap Ask a question and a HouseLoop agent will build you a fresh list.
How many homes are for sale near 505 Wallace Avenue?
2,158 homes are currently for sale in Kansas City, MO.
More options nearby usually means more room to negotiate and more to compare this home against before you commit. Ask Myli to pull the closest matches by price and size, or tap Ask a question for a HouseLoop agent's read on it.
What is the 64125 neighborhood like?
505 Wallace Avenue sits in 64125. The median list here is $59,900, versus $267,500 across Kansas City, MO. Homes in 64125 go under contract in a median of 30 days, slower than Kansas City, MO as a whole.
A tighter zip code inside a bigger city often trades a little on price for a lot on convenience. Ask Myli how 64125 compares to nearby zips, or tap Ask a question for a HouseLoop agent's read on it.
How much is the monthly payment for 505 Wallace Avenue?
About $220 a month with 10% down at 6.5% over 30 years, before taxes and insurance; with this home's $1,567 tax bill folded in it lands near $450. Median sold price in Kansas City, MO is $292,855 — this $39,000 list is below it.
Your real number moves with the down payment and rate you lock — drag the sliders on this page, or tap Get pre-approved and Myli lines up a pre-approval in as little as 24 hours.
What is the price per square foot for 505 Wallace Avenue?
$21 per square foot ($39,000 over 1,825 sqft). Homes sold in Kansas City, MO over the same window went for a median of $174 per square foot, so this home is priced well below that per-square-foot median.
Price per square foot is the fastest way to compare this home to the next one you tour — See Offer insights below for how that stacks up against what's actually selling, or Ask Myli to pull three more like it nearby.
When was 505 Wallace Avenue built?
505 Wallace Avenue was built in 1918, so it is about 108 years old.
A home's age shapes what an inspection tends to flag — roof, HVAC and plumbing lifespans especially. Ask Myli what to expect from a home this age, or tap Ask a question for a HouseLoop agent's read on it.
How many bedrooms and bathrooms does 505 Wallace Avenue have?
505 Wallace Avenue is a home with 5 bedrooms and 2 bathrooms across 1,825 square feet, on a 0.13 acre lot, per the MLS record for this address.
Bed and bath count is usually the first filter a buyer sets, so it's worth confirming here before you compare this home to the next one. Ask Myli to pull three more nearby with the same layout, or tap Ask a question for a HouseLoop agent's read on it.
What is the lot size of 505 Wallace Avenue?
0.13 acres (about 5,530 square feet), per the county record for 505 Wallace Avenue.
Lot size drives what you can add later — a pool, a shop, room to expand — more than the house itself does. Ask Myli how that compares to other lots in Kansas City, or tap Ask a question to find out what's allowed.
Does 505 Wallace Avenue have a garage, a basement, air conditioning?
505 Wallace Avenue has a unfinished basement, and central gas cooling.
Garage size and a finished basement are two of the fastest ways to add real living space without a remodel. Ask Myli if that trade-off makes sense for your search, or tap Ask a question for a HouseLoop agent's read on it.
What are the floors made of in 505 Wallace Avenue?
Laminate and Wood, per the MLS record for 505 Wallace Avenue.
Flooring type affects both upkeep and resale — hard-surface floors show better in photos and hold up longer than carpet in high-traffic rooms. Ask Myli what buyers in Kansas City tend to prefer, or tap Ask a question for a HouseLoop agent's read on it.
What schools serve 505 Wallace Avenue?
Pitcher Elementary School (3/10), Northeast Middle School (2/10), East High School (1/10) in the Kansas City Mo district, per GreatSchools' 1-10 ratings for this address.
School assignment is one of the few things you can't change after closing, so it's worth confirming before you tour. Ask Myli to pull the full attendance boundary, or tap Ask a question to double-check with the district.
Is Kansas City, MO a buyer's or a seller's market right now?
Kansas City, MO is currently a seller's market (below-balanced inventory), with about 4 months of supply. Homes there go under contract in a median of 18 days.
That shapes how much room you have to negotiate and how fast you need to move. Ask Myli what that means for an offer on 505 Wallace Avenue, or tap Ask a question for a HouseLoop agent's read on it.
What are the property taxes for 505 Wallace Avenue?
Public records show about $1,567 a year (4% of the list price) for 505 Wallace Avenue. Taxes can change on reassessment, especially after a sale.
Property tax is folded into the payment estimate above — drag the sliders in the HouseLoop Mortgage Calculator to see how a different assessment would change your monthly number, or tap Get pre-approved to ask a lender directly.
Are there HOA fees for 505 Wallace Avenue?
No HOA is listed for 505 Wallace Avenue, and public records show none recorded on this parcel.
No HOA means more control over the property and no monthly fee, but also no shared maintenance budget for the roof, the street or the common areas. Ask Myli if that trade-off makes sense for you.
Is 505 Wallace Avenue still for sale?
505 Wallace Avenue went under contract on July 10, 2026, so it's off the market for now while the buyer's financing and inspections work their way through.
Financing and inspections still fall through sometimes, especially in the first few weeks. Tap ♥ to save it and Myli will text you the moment it comes back available.
Can I share 505 Wallace Avenue with someone?
Yes — tap the share icon on this page to send 505 Wallace Avenue by text, email, or straight to Facebook, X or WhatsApp.
Whoever opens it lands on this exact page, photos and FAQ included, no login required to view. Ask Myli to summarize the home in a few lines you can paste yourself instead, if that's faster.
How do I follow the Kansas City market?
Tap ♥ on 505 Wallace Avenue to get a text the moment its price or status changes, or search Kansas City on HouseLoop and tap Save search to hear about every new listing that matches.
A saved search runs in the background and checks itself, so you see a new listing the day it hits rather than a week later. Ask Myli to set one up for you in this conversation.
Can I ask a question about 505 Wallace Avenue?
Yes — ask her anything about 505 Wallace Avenue right below this list: the price history, the schools, what a fair offer looks like, or how it compares to what else is for sale in Kansas City.
She reads the full listing record and this page's own market data before she answers, and hands off to a HouseLoop agent the moment a question needs one. Tap Ask Myli below to start.
Listing data: Heartland MLS, distributed by MLS GRID. Market numbers: HouseLoop analysis of Heartland MLS data distributed by MLS GRID · over the last 12 months · Listing updated July 10, 2026 09:31 AM
This home's area
Popular searches in Kansas City, MO
Search nearby cities
Kansas City, MO homes for sale by zip code for sale · median sale · days to contract
HouseLoop analysis of Heartland MLS data distributed by MLS GRID · trailing 12 months. Median sale price: the median closed price among sold homes in that zip over the same window.
Counties homes for sale · median list price
Listed by Auben Realty MO, LLC
Listed April 14, 2026 06:10 AM · Source: Heartland MLS as distributed by MLS GRID · MLS #2613984
HouseLoop last checked:
Listing updated:






