Seller's Agent in 2021
Frank Priest III
Coldwell Banker Plaza Real Estate
(316) 685-7121
2 in this area
72 Total Sales
1117 W Franklin St Unit 872 N Spaulding and Wichita, KS 67203
Riverside NeighborhoodEstimated Value: $238,519 - $273,000
15
Beds
2
Baths
6,793
Sq Ft
$38/Sq Ft
Est. Value
Highlights
- 14,073 Sq Ft lot
- Detached Garage
- Window Unit Cooling System
About This Home
As of July 2021PLEASE READ THESE REMARKS! *** LOCATION, LOCATION, LOCATION! This is a package of 9 rental units in a prime Riverside location that rent almost instantly when available! This "package" offering consists of the following: (1) single family home, (2) duplexes, and (1) fourplex. All are nicely grouped in one place for easy management. *** The first three buildings below are on one lot, with one tax key# A 03634: Duplex #1- 1015 Franklin $625 & 1017 Franklin $725, plus there is a finished attic with a full bath that can be added to either unit if requested (for extra rent) *** Fourplex- 1019 Franklin $375, 1021 Franklin $375, 870 Spaulding $300 & 872 Spaulding $450; *** One Single Family home- 868 Spaulding $750; *** Less than a short block west is Duplex #2: 1117 Franklin $695 & 1119 Franklin $695. All units were initially on 6 month leases that revert to month to month leases. One unit might have a few more months before going on month to month status. Because this offering has multiple buildings, some required answers on the MLS sheet are not strictly correct, parking, types of HVAC, etc. TFLA is per county and not verified. Property ages range from 1915 to 1930. The owner has owned these for a long time and says that the demand is very high for them. They typically rent by word of mouth from the prior tenant. Further information is available upon request!
Last Agent to Sell the Property
Coldwell Banker Plaza Real Estate License #BR00023663 Listed on: 12/30/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,388
Year Built
- Built in 1920
Lot Details
- 0.32 Acre Lot
Home Design
- Converted Dwelling
- Frame Construction
- Composition Roof
Interior Spaces
- 6,793 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Kitchen
- Oven or Range
- Disposal
Parking
- Detached Garage
- On-Street Parking
Schools
- Riverside Elementary School
- Marshall Middle School
- North High School
Utilities
- Window Unit Cooling System
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electric, gas, water/sewer
- The owner pays for gas, lawn maintenance, water/sewer
- Assessor Parcel Number 20173-124-17-0-32-06-002.00
Community Details
Overview
- 9 Units
- Riverside Addition Subdivision
Building Details
- Gross Income $4,990
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2021 07/29/21 | Sold | -- | -- | -- |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 12/30/2020 12/30/20 | For Sale | $580,000 | -- | $85 / Sq Ft |
Source: South Central Kansas MLS
Tax History Compared to Growth
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 | $2,388 | $22,295 | $4,117 | $18,178 |
| 2023 | $2,388 | $17,147 | $2,933 | $14,214 |
| 2022 | $1,899 | $17,147 | $2,760 | $14,387 |
| 2021 | $1,797 | $15,732 | $1,817 | $13,915 |
| 2020 | $1,776 | $15,491 | $1,817 | $13,674 |
| 2019 | $1,677 | $14,617 | $1,817 | $12,800 |
| 2018 | $1,613 | $14,054 | $1,990 | $12,064 |
| 2017 | $1,537 | $0 | $0 | $0 |
| 2016 | $1,534 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Priest III
-
Val Peare
Buyer's Agent in 2021
Val Peare
Berkshire Hathaway PenFed Realty
(316) 619-0571
5 in this area
161 Total Sales
Map
Source: South Central Kansas MLS
MLS Number: 590652
APN: 124-17-0-32-05-002.00
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