NOT LISTED FOR SALE

1003 Cottonwood St Emporia, KS 66801

Estimated Value: $135,000 - $356,000

1 Bed
2 Baths
1,664 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 31, 2020

Current estimated payment $1,910/month

Highlights

  • Brick Veneer
  • Central Heating and Cooling System
  • Concrete Flooring

About This Home

As of July 2020

Investment opportunity within walking distance to Emporia State University. 7 units total with 4 two bedroom units and 3 one bedroom units. Annual gross income at full occupancy is $35,400. Owner pays water sewer and trash and the individual rental units are separately metered for gas and electric. Ample on and off-street parking with alley access. All appliances and fixtures remain with units. This is turn key opportunity - Schedule your tour today.

Last Agent to Sell the Property

Aaron Sewell

RE/MAX EK Real Estate License #00051156 Listed on: 05/13/2020

RE/MAX EK Real Estate

Last Buyer's Agent

Wendy Watters

CB Emporia Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,135

Year Built

  • Built in 1967

Lot Details

  • 0.45

Home Design

  • Brick Veneer
  • Frame Construction
  • Composition Roof

Parking

  • 8 Parking Spaces
  • On-Street Parking

Schools

  • Logan Elementary School
  • Emporia Middle School
  • Emporia High School

Additional Features

  • Oven or Range
  • Concrete Flooring
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for water, trash collection, lawn care
  • Assessor Parcel Number EM02319

Community Details

Overview

  • 7 Units

Building Details

  • 7 Leased Units
  • Gross Income $35,400

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,135

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 65000.00
  • List Price: 280000
  • Subdivision Name: Other
  • Architectural Style: Other
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range/Oven
  • Owner Pays: Water, Trash Collection, Lawn Care
  • Flooring: Slab
  • NumberOfEfficiencies: 0

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Veneer, Frame

Garage/Parking

  • Parking Features: Street Parking, On Site
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City Water, City Sewer
  • AreUtilitiesOnYN: Yes

Schools

  • Elementary School: Logan Elementary School/USD 345
  • High School: Emporia High School/USD 253
  • Middle Or Junior School: Emporia Middle School/USD 253

Lot Info

  • Zoning: R-2 Single Family
  • Parcel #: EM02319
  • FloodZone: Unknown
  • AssessedImpValue: 210270
  • DownZoneYN: No
  • ConformsToZoningYN: Yes
  • ApproxSqFtImprovements: 3000.00

Rental Info

  • AvailableForLeaseYN: No

Multi Family

  • Gross Income: 35400
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • NumberOfUnitsOccupied: 7

Tax Info

  • Tax Annual Amount: 4135.22
  • GeneralTax: 4,135.22
  • SpecTax: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Jul 16, 2020
Sold by
Bain Charles P and Bain Lynn E
Bought by
A & W Rentals Llc
Seller's Agent
Aaron Sewell
RE/MAX EK Real Estate
Buyer's Agent
Wendy Watters
CB Emporia Real Estate
List Price
$280,000
Current Estimated Value
$263,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%

Purchase Details

Closed on
Jan 1, 2005
Bought by
Bain Charles P and Bain Lynn E
Source: Public Records

Range of Values:

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Average Value
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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
A & W Rentals Llc $297,500 --
Bain Charles P $211,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold -- -- --
05/20/2020 05/20/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $280,000 -- $168 / Sq Ft
Source: Sunflower Association of REALTORS®

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
2025 $6,054 $42,674 $1,955 $40,719
2024 $6,054 $36,843 $1,725 $35,118
2023 $5,692 $34,377 $1,610 $32,767
2022 $4,721 $29,471 $920 $28,551
2021 $4,195 $26,421 $920 $25,501
2020 $4,135 $25,702 $909 $24,793
2019 $4,135 $25,032 $851 $24,181
2018 $3,815 $23,032 $851 $22,181
2017 $3,550 $21,374 $909 $20,465
2016 $3,626 $21,804 $943 $20,861
2015 -- $21,673 $748 $20,925
2014 -- $22,271 $805 $21,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sunflower Association of REALTORS®

MLS Number: 212908

Sunflower Association of REALTORS®

APN: 192-10-0-40-12-009.00-0