NOT LISTED FOR SALE

1215 S Governeour Rd Unit 1217 S Governeour Wichita, KS 67207

Eastridge Neighborhood

Estimated Value: $297,555 - $359,000

6 Beds
4 Baths
3,416 Sq Ft
$96/Sq Ft Est. Value

Last Sold October 31, 2022

Current estimated payment $2,011/month

15 Days on Market

Highlights

  • 8 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2022

Great investment full duplex for sale in east Wichita. Each side is 3 bedroom, 2 bath, and 2 car garage. Main level includes large living room, kitchen with space for dining table and sliding patio door to fully fenced backyard, two large bedrooms with generous closet space, and a well appointed bath. The finished walkout and up lower level features a large family room with fireplace, third large bedroom, second full bath, laundry and lots of storage space. Easy to rent location with a 17 year long tenant in #1215 with 12 month lease in place and #1217 tenant lease through end of year. Current rental rates are below market and there is a lot of opportunity for improvements and increased rents. Showings on unit #1217 ONLY from 3-6pm on Saturday and 2-4PM on Sunday. Once under contract buyers can inspect and tour unit #1215.

Last Agent to Sell the Property

Nicholas Weathers

Real Broker, LLC License #00238308 Listed on: 09/09/2022

Last Buyer's Agent

Natalie Moyer

Reece Nichols South Central Kansas License #BR00230348

Reece Nichols South Central Kansas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,235

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 8 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,416 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Schools

  • Clark Elementary School
  • Curtis Middle School
  • Southeast High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • Assessor Parcel Number 119-30-0-34-03-018.00

Community Details

Overview

  • 2 Units
  • Eastlink Village 2Nd Subdivision

Building Details

  • Gross Income $22,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,235

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Year Built: 1970
  • Annual Specials: 7.9
  • Estimated TFLA: 3416
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Over/Range, Refrigerator
  • Basement: Yes - Partially Finished
  • Basement Finished Percent: Bath(s), Bedroom(s), Family Room
  • Basement Use: Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Attached Garage
  • On Site Parking Spaces: 8

Utilities

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

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Clark
  • Middle School: Curtis
  • High School: Southeast
  • Elementary School: Clark
  • High School: Southeast

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 9,583
  • Geo ADDRESS Line: 1215 S Governeour Rd
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 09/10/2022
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 119-30-0-34-03-018.00
  • General Taxes: 2696
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 2
  • Number Of 3 Bedroom Units: 2
  • Gross Income: 22500

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 1, 2022
Sold by
Balwah Vaal
Bought by
Flex Capital Llc
Seller's Agent
Nicholas Weathers
Real Broker, LLC
Buyer's Agent
Natalie Moyer
Reece Nichols South Central Kansas
List Price
$300,000
Current Estimated Value
$328,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$244,000
Outstanding Balance
$236,336
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$86,613

Purchase Details

Closed on
Jan 31, 2020
Sold by
Tram Minh and Tram Ann
Bought by
Balwah Vaal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,485
Interest Rate
3.7%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Flex Capital Llc -- Kansas Secured Title
Balwah Vaal -- Security 1St Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flex Capital Llc $244,000
Previous Owner Balwah Vaal $199,485
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold -- -- --
09/24/2022 09/24/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $300,000 -- $88 / 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 $3,235 $31,476 $3,956 $27,520
2023 $3,235 $25,128 $2,415 $22,713
2022 $2,627 $23,472 $2,277 $21,195
2021 $2,696 $23,472 $2,277 $21,195
2020 $2,395 $20,804 $2,277 $18,527
2019 $2,305 $19,999 $2,277 $17,722
2018 $2,198 $19,045 $1,760 $17,285
2017 $2,054 $0 $0 $0
2016 $1,949 $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: 616632

South Central Kansas MLS

APN: 119-30-0-34-03-018.00