NOT LISTED FOR SALE

1001 S Topeka St Unit 321 E Gilbert Wichita, KS 67211

South Central Neighborhood

Estimated Value: $179,000

5 Beds
5 Baths
3,028 Sq Ft
$59/Sq Ft Est. Value

Last Sold October 31, 2019

Current estimated payment $1,134/month

58 Days on Market

About This Home

As of October 2019

Great investment opportunity with monthly cash flow of $1950. Property has two buildings. 1001 Topeka consist of a converted home with 4 units, 3 -1 bedrooms & 1 studio. 321 E Gilbert is a 2 bedroom home with a long term tenant. Units always rent quickly. Property has a newer roof and mechanically systems. Property is being sold "as is".

Last Agent to Sell the Property

Monica Miller

Coldwell Banker Plaza Real Estate License #SP00225709 Listed on: 07/29/2019

Last Buyer's Agent

Ashley Collins

Asher House Realty License #00235647

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 1910

Lot Details

  • 7,076 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,028 Sq Ft Home
  • 2-Story Property
  • Basement Cellar
  • Oven or Range

Parking

  • 1 Parking Space
  • On-Street Parking

Schools

  • Harry Street Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-128-28-0-23-03-001.00

Community Details

Overview

  • 5 Units
  • Orme & Philips Addition Subdivision

Building Details

  • Gross Income $1,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,581

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Converted House
  • Estimated Age: 81+ Years
  • Total Specials: 29.4
  • Year Built: 1910
  • Annual Specials: 29.4
  • Estimated TFLA: 3028
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Basement: Cellar
  • Number Of Stories: Two

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Street Parking
  • On Site Parking Spaces: 1

Utilities

  • Cooling: Individual Unit, Window Unit, Heat Pump
  • Flood Insurance: Unknown
  • Heating: Individual Unit
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Harry Street
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Harry Street
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 7076
  • Geo ADDRESS Line: 1001 S Topeka Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 07/29/2019
  • Geo Zoom Level: 16

Rental Info

  • Owner Paid Utilities: Lawn Maintenance, Trash, Water/Sewer
  • Tenant Paid Utilities: Electric

Tax Info

  • Assessor Parcel Number: 20173-128-28-0-23-03-001.00
  • General Taxes: 1118.14
  • General Tax Year: 2018

Multi Family

  • Number Of Units: 5
  • Number Of 1 Bedroom Units: 3
  • Number Of 2 Bedroom Units: 1
  • Number Of Efficiency Units: 1
  • Rent Per Unit 1 Bedroom: $375
  • Rent Per Unit 2 Bedroom: $475
  • Rent Per Unit Efficiency: $350
  • Gross Income: 1950

MLS Schools

  • Middle School: Hamilton
  • School District: Wichita School District (USD 259)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Oct 28, 2019
Sold by
Foulk Michael C and Foulk Jennifer L
Bought by
Thompson David
Seller's Agent
Monica Miller
Coldwell Banker Plaza Real Estate
Buyer's Agent
Ashley Collins
Asher House Realty
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Total Days on Market
58
Current Estimated Value
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,000
Avg. Annual Appreciation
7.10%
Original Mortgage
$96,000
Outstanding Balance
$85,519
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$90,481
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thompson David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson David $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold -- -- --
09/25/2019 09/25/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $135,000 -- $45 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,581 $14,243 $1,288 $12,955
2022 $1,233 $11,145 $1,208 $9,937
2021 $1,288 $11,145 $886 $10,259
2020 $1,293 $11,145 $886 $10,259
2019 $1,178 $10,144 $886 $9,258
2018 $1,118 $9,681 $897 $8,784
2017 $1,202 $0 $0 $0
2016 $1,114 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica Miller

    Seller's Agent in 2019

    Monica Miller

    Coldwell Banker Plaza Real Estate

    (316) 214-1920

    3 in this area

    116 Total Sales

    Monica Miller
    Section Image
  • Ashley Collins

    Buyer's Agent in 2019

    Ashley Collins

    Asher House Realty

    (316) 680-6400

    6 in this area

    83 Total Sales

    Ashley Collins
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 570149

South Central Kansas MLS

APN: 128-28-0-23-03-001.00

Kansas Sedgwick County Wichita 67211 South Central

1001 S Topeka St Unit 321 E Gilbert, Wichita, KS

This home is located at 1001 S Topeka St Unit 321 E Gilbert, Wichita, KS 67211 since 29 July 2019 and is currently estimated at $179,000, approximately $59 per square foot. This property was built in 1910. 1001 S Topeka St Unit 321 E Gilbert is a home located in Sedgwick County with nearby schools including Harry Street Elementary School, Hamilton Middle School, and Wichita West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Kansas MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.

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