NOT LISTED FOR SALE

Estimated Value: $154,000 - $154,755

-- Bed
3 Baths
1,728 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 24, 2023

Current estimated payment $958/month

17 Days on Market

About This Home

As of March 2023

Invest in a cash-flowing asset with this perfect duplex located right next to Newman and Friends University! Recently updated with fresh paint, carpeting, new floors, stunning countertops, and new HVAC on the lower unit, this property is ready for immediate occupancy. Each side features 3 bedrooms and 2 spacious bathrooms along with a detached 1-car garage for convenient off-street parking. The property was renting for $1,900 total before updates. Don't miss out on this fantastic opportunity to attract renters and start generating income right away!

Last Agent to Sell the Property

Kristen Wewe

Lange Real Estate License #00248461 Listed on: 02/02/2023

Lange Real Estate

Last Buyer's Agent

Bryant Belden

RE/MAX Premier License #00245242

RE/MAX Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1900

Lot Details

  • 8,525 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Converted Dwelling
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Microwave

Schools

  • Payne Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gross Income $22,800

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • Assessor Parcel Number 20173-137-25-0-41-02-017.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,468

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Converted House
  • Estimated Age: 81+ Years
  • Total Specials: 16.76
  • Year Built: 1900
  • Annual Specials: 16.76
  • Estimated TFLA: 1728
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Microwave, Refrigerator
  • Number Of Stories: Two

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit
  • On Site Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Flood Insurance: Unknown
  • Heating: Central Gas, Forced Air
  • Utilities: Public, Sewer

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 8525
  • Geo ADDRESS Line: 1033 S Richmond Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 02/02/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-137-25-0-41-02-017.00
  • General Taxes: 1260
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 2
  • Rent Per Unit 3 Bedroom: 2
  • Gross Income: 22800

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 14, 2021
Sold by
Crenshaw and Valerie
Bought by
Hillman Investments Llc
Seller's Agent
Elder Brenda Bradley
Legacy Group, REALTORS
Buyer's Agent
Jami Viner
Gene Francis & Associates
List Price
$119,000
Current Estimated Value
$152,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$122,544
Outstanding Balance
$112,595
Interest Rate
2.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$42,277

Purchase Details

Closed on
Dec 6, 2018
Sold by
Pettegrew Richard E and Pettegrew Michelle D
Bought by
Crenshaw Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
4.9%
Mortgage Type
New Conventional
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
Hillman Investments Llc -- None Listed On Document
Crenshaw Daniel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillman Investments Llc $122,544
Previous Owner Crenshaw Daniel $59,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold -- -- --
02/19/2023 02/19/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $155,000 0.0% $90 / Sq Ft
02/13/2023 02/13/23 Price Changed $155,000 -3.1% $90 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $159,900 +34.4% $93 / Sq Ft
09/20/2021 09/20/21 Sold -- -- --
09/02/2021 09/02/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $119,000 -- $69 / 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 $1,468 $14,249 $2,611 $11,638
2023 $1,468 $14,249 $1,748 $12,501
2022 $1,277 $11,745 $1,656 $10,089
2021 $1,069 $9,465 $1,012 $8,453
2020 $1,073 $9,465 $1,012 $8,453
2019 $996 $8,786 $1,012 $7,774
2018 $947 $8,372 $1,012 $7,360
2017 $948 $0 $0 $0
2016 $945 $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: 621192

South Central Kansas MLS

APN: 137-25-0-41-02-017.00