NOT LISTED FOR SALE

Estimated Value: $178,000

4 Beds
2 Baths
2,160 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 15, 2023

Current estimated payment $1,092/month

17 Days on Market

About This Home

As of December 2023

Great multi family Quad Plex investment opportunity! Don't miss your chance to buy this all brick Quad-Plex and add it to your investment rental portfolio. 4-units close to downtown. Does need rehab to all units. New windows and exterior front doors have been installed. Add PTAC Heating and Cooling units for heat and air. Once renovated these apartments are expected to generate $2,000 - $2,600/month in rent. All four units are 1bed/1bath and metered separately. Complex is selling in as-is condition. Seller will make no repairs.

Last Agent to Sell the Property

Damon Snyder

The Wichita Realty Group License #00242233 Listed on: 11/03/2023

Last Buyer's Agent

Jamie Brown

Heritage 1st Realty License #00245911

Heritage 1st Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1948

Lot Details

  • 6,902 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property

Schools

  • Irving Elementary School
  • Marshall Middle School
  • North High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water/sewer
  • Assessor Parcel Number 00100501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,461

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Estimated Age: 51 - 80 Years
  • Total Specials: 33.52
  • Year Built: 1948
  • Annual Specials: 33.52
  • Estimated TFLA: 2160
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Number Of Stories: One

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit
  • On Site Parking Spaces: 4

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Wall Furnace/Baseboard
  • Utilities: Public

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Irving
  • Middle School: Marshall
  • High School: North
  • Elementary School: Irving
  • High School: North

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 6902
  • Geo ADDRESS Line: 1209 N Waco Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 11/03/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 00100501
  • General Taxes: 741.12
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 19, 2023
Sold by
Lft Properties Llc
Bought by
Published Queen Properties Llc
Seller's Agent
Damon Snyder
The Wichita Realty Group
Buyer's Agent
Jamie Brown
Heritage 1st Realty
List Price
$130,000
Views
75
Current Estimated Value
$178,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.11%
Original Mortgage
$93,750
Outstanding Balance
$92,429
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$85,571
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Published Queen Properties Llc -- Kansas Secured Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Published Queen Properties Llc $93,750
Previous Owner Lavender Investment Properties $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold -- -- --
11/20/2023 11/20/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $130,000 0.0% $60 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $130,000 -- $60 / 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 $1,461 $15,158 $2,519 $12,639
2023 $1,461 $7,568 $2,128 $5,440
2022 $741 $6,946 $2,001 $4,945
2021 $747 $6,556 $1,599 $4,957
2020 $750 $6,556 $1,599 $4,957
2019 $696 $6,084 $1,599 $4,485
2018 $731 $6,430 $1,357 $5,073
2017 $732 $0 $0 $0
2016 $727 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Central Kansas MLS

MLS Number: 632250

South Central Kansas MLS

APN: 124-17-0-12-05-019.00