NOT LISTED FOR SALE

Estimated Value: $115,000 - $137,956

2 Beds
2 Baths
1,396 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 14, 2022

Current estimated payment $732/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of March 2022

Prime location and cashflow, 100% occupied duplex with many updates over the last two years. Unit 1021 has received a new kitchen, kitchen plumbing, new tile floor, water heater, some electrical updates and vinyl windows. New tenant with a lease through 2/2023. Unit 1023 has many cosmetic updates. Long term Tenant who would like to sign a lengthy lease (up to 10 years) once current lease expires 3/2023. The property will be available for viewing Saturday 2/26/22 from 11am-3PM. No other scheduled showings at this time. Selling As Is, qualified buyers only.

Last Agent to Sell the Property

Ryan Rust

Nikkel and Associates License #SP00232745 Listed on: 02/21/2022

Last Buyer's Agent

LISA HAMILL

Abode Real Estate License #00052455

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $695

Year Built

  • Built in 1939

Lot Details

  • 5,401 Sq Ft Lot

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,396 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Oven or Range
  • Unfinished Basement

Parking

  • 1 Parking Space
  • On-Street Parking

Schools

  • Park Elementary School
  • Marshall Middle School
  • North High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $12,600

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash, water/sewer
  • Assessor Parcel Number 20173-124-17-0-13-04-014.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$695

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Year Built: 1939
  • Annual Specials: 15.8
  • Estimated TFLA: 1396
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Wood
  • Basement: Yes - Unfinished
  • Basement Use: Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Forced Air
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Park
  • Middle School: Marshall
  • High School: North
  • Elementary School: Park
  • High School: North

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 5401
  • Geo ADDRESS Line: 1021 N Jackson Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 02/22/2022
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-124-17-0-13-04-014.00
  • General Taxes: 621
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 2
  • Number Of 1 Bedroom Units: 2
  • Rent Per Unit 1 Bedroom: 500/550
  • Gross Income: 12600

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Brel Holdings Llc
Bought by
Tresam Llc
Current Estimated Value
$126,478

Purchase Details

Listed on
Feb 21, 2022
Closed on
Mar 14, 2022
Sold by
Jayhawk Properties Llc
Bought by
Brel Holdings Llc
Seller's Agent
Ryan Rust
Nikkel and Associates
Buyer's Agent
LISA HAMILL
Abode Real Estate
List Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.42%
Original Mortgage
$91,423
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2015
Closed on
Oct 7, 2015
Sold by
Hultberg Daniel E
Bought by
Porter Leasing Llc
Seller's Agent
Diana Williamson
Nikkel and Associates
Buyer's Agent
Ryan Rust
Nikkel and Associates
List Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%
Original Mortgage
$39,920
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Tresam Llc -- None Listed On Document
Brel Holdings Llc -- Security 1St Title
Porter Leasing Llc -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brel Holdings Llc $91,423
Previous Owner Jayhawk Properties Llc $50,000
Previous Owner Porter Leasing Llc $39,920
Previous Owner Bui Thang D $15,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold -- -- --
02/27/2022 02/27/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $105,000 +78.0% $75 / Sq Ft
08/27/2020 08/27/20 Sold -- -- --
08/14/2020 08/14/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $59,000 +7.3% $42 / Sq Ft
10/07/2015 10/07/15 Sold -- -- --
09/08/2015 09/08/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $55,000 +52.8% $39 / Sq Ft
06/07/2013 06/07/13 Sold -- -- --
03/15/2013 03/15/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $36,000 -- $26 / 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
2025 $695 $8,350 $2,450 $5,900
2023 $695 $6,498 $2,013 $4,485
2022 $611 $5,958 $1,898 $4,060
2021 $636 $5,739 $1,495 $4,244
2020 $593 $5,348 $1,495 $3,853
2019 $546 $4,934 $1,495 $3,439
2018 $600 $5,409 $1,254 $4,155
2017 $615 $0 $0 $0
2016 $612 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 607653

South Central Kansas MLS

APN: 124-17-0-13-04-014.00