$71,500
SOLD DEC 1, 2017
Last list price

116 SW 2nd St Newton, KS 67114

3 Beds
-- Bath
1,660 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

213 Days on Market

About This Home

As of February 2022

This is a very good income producing property. The property is a converted house into a triplex. There are 2 one bedroom units on the main floor ($400/month) and the upstairs is a one bedroom studio apartment($325/month). Property was recently painted on the exterior and has 30 year roof just two years old. 2 units have newer furnaces. Window AC units will remain. Newer tile and remodeled baths on main floor units. All stoves, refrigerators and 1 set of washer/dryer to remain. This property produces $1,125/month in gross income. Only 1 property tax bill, 1 roof, 1 property to maintain, but has 3 producing units, if one is empty two others are still producing. Vacancy rate has basically been 0 on these units for several years of history.

Last Agent to Sell the Property

Arlan Newell

Berkshire Hathaway PenFed Realty License #00044052 Listed on: 04/04/2017

Last Buyer's Agent

Arlan Newell

Berkshire Hathaway PenFed Realty License #00044052 Listed on: 04/04/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $89

Year Built

  • Built in 1920

Home Design

  • Triplex
  • Converted Dwelling
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement
  • Oven or Range

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • On-Street Parking

Schools

  • South Breeze Elementary School
  • Newton High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash, water/sewer
  • Assessor Parcel Number 20079-094-20-0-20-01-011.01-0

Community Details

Overview

  • 3 Units
  • Morses 2Nd Addition Subdivision

Building Details

  • Gross Income $13,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$89

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Triplex
  • Style: Converted House
  • Estimated Age: 81+ Years
  • Year Built: 1920
  • Annual Specials: 108
  • Estimated TFLA: 1660
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Dryer, Over/Range, Refrigerator, Washer
  • Floors: Carpet, Tile, Wood
  • Basement: Yes - Unfinished
  • Basement Use: Laundry
  • Number Of Stories: Two

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Street Parking
  • On Site Parking Spaces: 3

Utilities

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

Schools

  • School District: Newton School District (USD 373)
  • Elementary School: South Breeze
  • High School: Newton
  • Elementary School: South Breeze
  • High School: Newton

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 46x116
  • Geo ADDRESS Line: 116 SW 2nd St
  • Geo PRIMARY City: Newton
  • Geo Quality: 0.95
  • Geo Secondary City: Harvey Co.
  • Geo Subdivision: KS
  • Geo Update: 12/01/2017
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20079-094-20-0-20-01-011.01-0
  • General Taxes: 843
  • General Tax Year: 2016

Multi Family

  • Number Of Units: 3
  • Number Of 1 Bedroom Units: 3
  • Rent Per Unit 1 Bedroom: 400
  • Gross Income: 13500

MLS Schools

  • School District: Newton School District (USD 373)

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 For Sale $90,000 0.0% $54 / Sq Ft
02/10/2022 02/10/22 Price Changed $90,000 -69.5% $54 / Sq Ft
02/04/2022 02/04/22 Sold -- -- --
01/03/2022 01/03/22 Off Market -- -- --
11/22/2021 11/22/21 For Sale $295,000 0.0% $178 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $295,000 +312.6% $178 / Sq Ft
12/01/2017 12/01/17 Sold -- -- --
11/03/2017 11/03/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $71,500 -- $43 / 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
2024 $89 $643 $459 $184
2023 $89 $496 $334 $162
2022 $85 $474 $334 $140
2021 $0 $462 $334 $128
2020 $78 $463 $334 $129
2019 $77 $461 $334 $127
2018 $77 $454 $334 $120
2017 $75 $450 $334 $116
2016 $74 $455 $334 $121
2015 -- $455 $334 $121
2014 -- $452 $334 $118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 533363

South Central Kansas MLS

APN: 094-20-0-20-01-011.00-0