5508 Paloma Ave, Kansas City, MO, 64128
About This Home
Welcome to 5508 & 5506 Paloma Ave, Kansas City, MO 64129! This beautifully renovated 2-bedroom, 1-bath bungalow offers comfortable, move-in-ready living with an exciting opportunity for the future. Inside, you’ll find beautiful hardwood floors, cozy carpeted bedrooms, and ceramic tile in the updated kitchen and bathroom. Enjoy relaxing on the covered front porch or entertaining on the back deck. The sale also includes the adjoining vacant lot at 5506 Paloma Ave, zoned R-2.5, offering potential for medium-density residential development, including a duplex, subject to city requirements. A great opportunity for a homeowner wanting extra space or an investor looking for a turnkey property with added development potential.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1912
Materials
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Stone/Rock
Bathroom1
- Features: Ceramic Tiles
- Level: First
Bedroom2
- Features: Carpet
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: First
Features
- Flooring: Carpet,Wood
- Finished area below ground: 0
- Finished area above ground: 955
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 955
- Total interior livable area: 955 sqft
Kitchen
- Features: Ceramic Tiles
- Level: First
Living Room
- Level: First
Master Bedroom
- Features: Carpet
- Level: First
Property
Details
- Parcel number: 28810370700000000
- Special condition: As Is
Features
- Patio & porch: Deck
- Fencing: Metal
Lot
- Lot size: 8,979 sqft
- Features: City Lot
- Lot size dimensions: 80 x 112
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Hail
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Missouri Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $606 | $7,272 |
| Home Insurance * | $336 | $4,032 |
| Property Taxes | $113 | $1,356 |
| Electricity | $141 | $1,693 |
| Total | $1,196 | $14,352 |
Income You'd Need if You Spent...
Missouri FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $110,000 |
| 2026-07-25 | Listed for sale | $120,000 |
| 2018-08-24 | Listing removed | $550 |
| 2018-07-13 | Price change | $550 |
| 2018-06-27 | Listed for rent | $595 |
| 2017-06-07 | Listing removed | $600 |
| 2017-05-09 | Listing removed | $24,000 |
| 2017-05-09 | Listed for rent | $600 |
| 2017-05-02 | Price change | $24,000 |
| 2017-04-28 | Listed for sale | $25,000 |
| 2006-01-31 | Sold | -- |
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