NOT LISTED FOR SALE

1216 N Mathewson Ave Wichita, KS 67214

McAdams Neighborhood

Estimated Value: $130,000

7 Beds
4 Baths
2,325 Sq Ft
$56/Sq Ft Est. Value

Last Sold June 15, 2021

Current estimated payment $765/month

About This Home

As of June 2021

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MAY 20TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Fourplex with (3) 2-bedroom, 1-bathroom units and (1) 1-bedrrom, 1 bathroom unit. Each unit features a living room that opens up to the kitchen with an eating space and a full bathroom with a tub/shower combination. Tenants pay for all utilities. Unit 1216 is rented for $550 a month with a lease until 10/30/2021. It is a 2-bedroom, 1-bathroom unit. Unit 1218 is rented for $475 a month with a lease until 11/30/2021. It is a 1-bedroom, 1-bathroom unit. Unit 1220 is rented for $475 a month with a lease until 02/02/2022. It is a 2-bedroom, 1-bathroom unit. Unit 1222 is rented for $500 a month, month to month. It is a 2-bedroom, 1-bathroom unit. Great investment opportunity with a monthly income of $2,000 and an annual income of $24,000. This property is one of a package owned by this landlord. The landlord has indicated that generally they own all appliances excluding non-mounted microwaves but to include stove, dishwasher, refrigerator vent hood or vented microwave hood. If a unit doesn't have Central Air the landlord furnishes window units. Individual appliance packages may vary and Seller is only conveying what is present and owned by them at the time of closing. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $5,000.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2018
Sold by
Sd Derby Holdings Llc
Bought by
Nice Guy Properties Llc
Current Estimated Value
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Outstanding Balance
$45,195
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$83,805
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
Nice Guy Properties Llc -- Kansas Secured Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nice Guy Properties Llc $51,200
Previous Owner El Dorado Investors Llp $133,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold -- -- --
05/20/2021 05/20/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $101,750 -- $44 / Sq Ft

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 $867 $9,063 $564 $8,499
2023 $867 $7,384 $472 $6,912
2022 $637 $6,038 $437 $5,601
2021 $491 $4,350 $299 $4,051
2020 $526 $4,635 $299 $4,336
2019 $481 $4,241 $299 $3,942
2018 $475 $4,242 $357 $3,885
2017 $531 $0 $0 $0
2016 $526 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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