NOT LISTED FOR SALE

1040 S Vassar St Unit 1042 S Vassar Wichita, KS 67218

Longview Neighborhood

Estimated Value: $209,000 - $255,898

-- Bed
2 Baths
2,300 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 21, 2021

Current estimated payment $1,609/month

Highlights

  • 2 Car Attached Garage
  • Heating Available
  • 1-Story Property
  • Central Air

About This Home

As of May 2021

This was a for sale by owner and is being entered for comp purposes. The information comes from the seller and should be reliable but is not guaranteed.

Last Agent to Sell the Property

Nela Bayouth

Reece Nichols South Central Kansas License #00231481 Listed on: 03/30/2021

Reece Nichols South Central Kansas

Last Buyer's Agent

Nela Bayouth

Reece Nichols South Central Kansas License #00231481 Listed on: 03/30/2021

Reece Nichols South Central Kansas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 2015

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Griffith Elementary School
  • Mead Middle School
  • East High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Units
  • Gross Income $9,900

Listing and Financial Details

  • Tenant pays for electric, trash
  • The owner pays for lawn maintenance, water/sewer
  • Assessor Parcel Number 127-26-0-32-06-009.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,664

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 6 - 10 Years
  • Total Specials: 16432.73
  • Year Built: 2015
  • Annual Specials: 1027.05
  • Estimated TFLA: 2300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Over/Range, Refrigerator
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Attached Garage
  • On Site Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Flood Insurance: Unknown
  • Heating: Central Electric
  • Utilities: Natural Gas, Public

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Griffith
  • Middle School: Mead
  • High School: East
  • Elementary School: Griffith
  • High School: East

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 8,712
  • Geo ADDRESS Line: 1040 S Vassar St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 12/30/2021
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 127-26-0-32-06-009.00
  • General Taxes: 2311.47
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 2
  • Gross Income: 9900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jun 23, 2021
Sold by
Walsh Christopher J and West Shannon
Bought by
Salty Grove Investments Llc
Seller's Agent
Nela Bayouth
Reece Nichols South Central Kansas
Buyer's Agent
Nela Bayouth
Reece Nichols South Central Kansas
List Price
$180,000
Sold Price
$172,500
Premium/Discount to List
-$7,500
-4.17%
Total Days on Market
0
Current Estimated Value
$232,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,949
Avg. Annual Appreciation
9.57%
Original Mortgage
$129,375
Outstanding Balance
$119,220
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$130,319

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 21, 2021
Sold by
Teamwork Llc
Bought by
Walsh Christopher J and West Shannon
Seller's Agent
Nela Bayouth
Reece Nichols South Central Kansas
Buyer's Agent
Nela Bayouth
Reece Nichols South Central Kansas
List Price
$180,000
Sold Price
$172,500
Premium/Discount to List
-$7,500
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,375
Outstanding Balance
$119,220
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$130,319

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 23, 2021
Sold by
Hague Neil C and Hague Melissa J
Bought by
Melissa J Hague Trust
Seller's Agent
Nela Bayouth
Reece Nichols South Central Kansas
Buyer's Agent
Nela Bayouth
Reece Nichols South Central Kansas
List Price
$180,000
Sold Price
$172,500
Premium/Discount to List
-$7,500
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,375
Outstanding Balance
$119,220
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$130,319

Purchase Details

Closed on
Sep 25, 2019
Sold by
Southwest National Bank
Bought by
Teamwork Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 22, 2019
Sold by
Drake Llc
Bought by
Southwest National Bank

Purchase Details

Closed on
Jul 8, 2016
Sold by
Elevation Llc
Bought by
Drake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.66%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 15, 2015
Sold by
Breshears Larry and Breshears Mona
Bought by
Elevation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Salty Grove Investments Llc -- Accommodation
Walsh Christopher J -- Security 1St Title Llc
Melissa J Hague Trust -- None Available
Teamwork Llc -- None Available
Southwest National Bank -- None Available
Drake Llc -- None Available
Elevation Llc -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Christopher J $129,375
Previous Owner Teamwork Llc $135,000
Previous Owner Drake Llc $132,000
Previous Owner Elevation Llc $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold -- -- --
03/30/2021 03/30/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $180,000 -- $78 / 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 $3,664 $21,080 $2,266 $18,814
2022 $3,378 $21,080 $2,139 $18,941
2021 $3,354 $20,298 $989 $19,309
2020 $3,267 $19,470 $989 $18,481
2019 $3,142 $18,366 $989 $17,377
2018 $3,062 $17,654 $1,047 $16,607
2017 $2,036 $0 $0 $0
2016 $1,242 $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: 605985

South Central Kansas MLS

APN: 127-26-0-32-06-009.00