NOT LISTED FOR SALE

104 S Madison St Spring Hill, KS 66083

Estimated Value: $336,000 - $348,656

8 Beds
4 Baths
3,072 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 21, 2021

Current estimated payment $2,150/month

8 Days on Market

Highlights

  • Deck
  • Board and Batten Siding
  • 4-minute walk to Spring Hill City Park
  • No HOA
  • Central Air

About This Home

As of June 2021

INVESTMENT OPPORTUNITY. THIS PRICE IS FOR 1 BUILDING WITH 4 UNITS WITH TENANTS. EACH RANCH STYLE UNIT IS A 2 BEDROOM 1 BATH. ALL UNITS ARE OCCUPIED. NICE MONEY MAKER. EASY ACESS TO HIGHWAY. SELLER IS SELLING PROPERTY AS IS
WILL BE ABLE TO SHOW ONE UNIT AND IF THERE IS FURTHER INTEREST WILL GET APPOINTMENTS FOR THE OTHER THREE UNITS

Last Agent to Sell the Property

Susan Bonar

Compass Realty Group License #SP00217278 Listed on: 05/12/2021

Compass Realty Group

Last Buyer's Agent

Susan Bonar

Compass Realty Group License #SP00217278 Listed on: 05/12/2021

Compass Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 1980

Lot Details

  • 9,017

Home Design

  • Quadruplex
  • Brick Frame
  • Composition Roof
  • Board and Batten Siding

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Schools

  • Spring Hill Elementary School
  • Spring Hill High School

Additional Features

  • Deck
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number EP10000005-0008

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Spring Hill Subdivision

Building Details

  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,883

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Legal Description: SPRING HILL LOT 8 BLK 5 SPC-0048
  • Year Built: 1980
  • Senior Community: No
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Susan Bonar
  • List Office Mls Id: KW04
  • List Office Name: Keller Williams Key Partners
  • List Office Phone: 913-825-7500
  • Maintenance Provided: No
  • Mls Status: Sold
  • Special Documents Required: No
  • Tax Total Amount: 3883
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten, Brick & Frame
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Electric
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: City/Public

Association/Amenities

  • Association: No

Schools

  • School District: Spring Hill
  • Elementary School: Spring Hill
  • Middle School: Spring Hill
  • High School: Spring Hill
  • Middle/Junior School: Spring Hill

Lot Info

  • In Floodplain: No
  • Lot Size Area: 9000.00
  • Parcel Number: EP10000005-0008
  • Subdivision Name: Spring Hill

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 29400

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3883.00

MLS Schools

  • Elementary School: Spring Hill
  • School District: Spring Hill
  • High School: Spring Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 18, 2021
Sold by
Eugene Holland W and Eugene Holland W
Bought by
I & R Llc
Seller's Agent
Susan Bonar
Compass Realty Group
Buyer's Agent
Susan Bonar
Compass Realty Group
List Price
$250,000
Current Estimated Value
$342,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$195,000
Outstanding Balance
$178,839
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$148,210
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
I & R Llc -- Platinum Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open I & R Llc $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold -- -- --
05/20/2021 05/20/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $250,000 -- $81 / Sq Ft
Source: Heartland 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
2024 $3,897 $28,428 $4,870 $23,558
2023 $3,714 $27,071 $4,885 $22,186
2022 $3,728 $27,059 $4,440 $22,619
2021 $3,728 $28,313 $3,552 $24,761
2020 $3,883 $26,714 $3,228 $23,486
2019 $3,882 $26,668 $2,808 $23,860
2018 $3,598 $25,518 $2,808 $22,710
2017 $3,158 $22,241 $2,808 $19,433
2016 $2,981 $21,102 $2,808 $18,294
2015 $3,075 $21,735 $2,808 $18,927
2013 -- $20,953 $2,808 $18,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2321467

Heartland MLS

APN: EP10000005-0008