NOT LISTED FOR SALE

1206 S Fern St Wichita, KS 67213

McCormick Neighborhood

Estimated Value: $190,618 - $218,000

6 Beds
4 Baths
1,026 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 31, 2016

Current estimated payment $1,204/month

8 Days on Market

Highlights

  • 6 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Four Sided Brick Exterior Elevation
  • Fenced

About This Home

As of May 2016

Fantastic opportunity for investors or someone who wants to own one side of the duplex and rent the other side out. Each unit has 3Br, 2BA. Both units are 2053SF so each unit is over 1000SF. 1206 S Fern is vacant, seller keeps it vacant to show and sell. Rent is $550 a month. This tenant gets lower rent because they are a long time tenant and they cut the grass. Seller had rental units up to $750 before.

Last Agent to Sell the Property

Kevin Pham

Berkshire Hathaway PenFed Realty License #SP00217906 Listed on: 04/25/2016

Last Buyer's Agent

Scott Darrenkamp

RE/MAX Premier License #00230426

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1987

Lot Details

  • 10,500 Sq Ft Lot
  • Fenced

Home Design

  • Side-by-Side
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 6 Car Attached Garage
  • Over 1 Space Per Unit

Schools

  • Stanley Elementary School
  • Hamilton Middle School
  • West High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas, lawn maintenance, water/sewer
  • The owner pays for trash
  • Assessor Parcel Number 20173-

Community Details

Overview

  • 2 Units
  • John Mccormick Subdivision

Building Details

  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,604

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 21 - 35 Years
  • Year Built: 1987
  • Annual Specials: 9.76
  • Estimated TFLA: 1026
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

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

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit, Attached Garage
  • On Site Parking Spaces: 6

Utilities

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

Association/Amenities

  • Safety Features: Fencing, Smoke/Heat Detector

Schools

  • Elementary School: Stanley
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 10500
  • Geo ADDRESS Line: 1206 S Fern St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick Co.
  • Geo Subdivision: KS
  • Geo Update: 06/01/2016
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-
  • General Taxes: 1477.17
  • General Tax Year: 2015

Multi Family

  • Number Of Units: 2
  • Number Of 3 Bedroom Units: 2
  • Rent Per Unit 2 Bedroom: 550-750
  • Gross Income: 13200

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2020
Sold by
Davidson Tim E and Davidson Cherie
Bought by
Davidson Tim E and Davidson Cherie
Current Estimated Value
$204,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Outstanding Balance
$67,139
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$137,170

Purchase Details

Listed on
Apr 25, 2016
Closed on
May 25, 2016
Sold by
Tells Joy and Stacy Charles
Bought by
Davidson Tim E
Seller's Agent
Kevin Pham
Berkshire Hathaway PenFed Realty
Buyer's Agent
Scott Darrenkamp
RE/MAX Premier
List Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$78,400
Interest Rate
3.59%
Mortgage Type
Commercial
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
Davidson Tim E -- None Available
Davidson Tim E -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Tim E $75,600
Closed Davidson Tim E $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold -- -- --
05/03/2016 05/03/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $100,000 -- $97 / 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 $1,604 $18,699 $2,024 $16,675
2023 $1,604 $15,445 $1,495 $13,950
2022 $1,556 $14,169 $1,415 $12,754
2021 $1,522 $13,363 $506 $12,857
2020 $1,408 $12,340 $506 $11,834
2019 $1,636 $14,265 $506 $13,759
2018 $1,638 $14,265 $506 $13,759
2017 $1,447 $0 $0 $0
2016 $1,444 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Pham

    Seller's Agent in 2016

    Kevin Pham

    Berkshire Hathaway PenFed Realty

    (316) 409-0444

    1 in this area

    117 Total Sales

    Kevin Pham
    Section Image
  • Scott Darrenkamp

    Buyer's Agent in 2016

    Scott Darrenkamp

    RE/MAX Premier

    (316) 250-4122

    55 Total Sales

    Scott Darrenkamp
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 518986

South Central Kansas MLS

APN: 129-30-0-42-09-003.00

Kansas Sedgwick County Wichita 67213 McCormick

1206 S Fern St, Wichita, KS

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