$130,000
SOLD OCT 18, 2024
Last list price

124 W 8th St Douglass, KS 67039

-- Bed
-- Bath
1,664 Sq Ft
0.31 Acres

Recently Sold

$78 Per Sq Ft

16 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Explore a prime investment opportunity with this quadplex located at 124 W 8th in Douglass, KS. This property consists of four individual units, each featuring 2 bedrooms and 1 bathroom. It’s an ideal choice for investors looking to expand their portfolio or capitalize on rental income. The property presents a great chance for value addition, as two of the units have recently had the sill plates replaced and may need some additional work. This offers the potential to enhance the property's overall value. Conveniently located, 124 W 8th provides easy access to local amenities and services, making it a desirable location for tenants. Don’t miss out on this promising investment opportunity—contact us today for more details or to schedule a viewing.

Last Agent to Sell the Property

Josh Roy

Keller Williams Hometown Partners License #00053413 Listed on: 08/26/2024

Keller Williams Hometown Partners

Co-Listed By

Matt Moore

Keller Williams Hometown Partners License #00238600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,732

Year Built

  • Built in 1976

Parking

  • 4 Parking Spaces

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • Apartment Living Space in Basement
  • Oven or Range

Schools

  • Douglass Elementary School
  • Douglass High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water/sewer
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 008-414-20-0-20-14-004.00-0

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Douglas 2Nd Subdivision

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,732

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1976
  • Property Sub-Type: Four to Sixplex
  • Co List Office Mls Id: SCK3572
  • Co List Office Phone: 316-665-6799
  • Co List Office Phone: 316-665-6799
  • Ownership: Individual
  • MLS Status: Sold-Co-Op w/mbr
  • Subdivision Name: DOUGLAS 2ND
  • Architectural Style: Other
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Lower Level

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Veneer, Vinyl

Garage/Parking

  • Parking Features: Other - See Remarks
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Utilities: Gas, Public, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Douglass
  • High School: Douglass
  • Junior High Dist: Douglass Public Schools (USD 396)
  • Middle Or Junior School: Douglass

Lot Info

  • Parcel Number: 008-414-20-0-20-14-004.00-0

Rental Info

  • Owner Pays: Lawn Maintenance

Multi Family

  • Gross Income: 19200
  • Number Of Units Total: 4
  • Tenant Pays: Electricity, Gas, Trash Collection, Water/Sewer

Tax Info

  • Tax Annual Amount: 3731.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Oct 18, 2024
Sold by
Rasmussen Richard L
Bought by
Quality Residential Homes Llc
Seller's Agent
Josh Roy
Keller Williams Hometown Partners
List Price
$130,000
Views
13
Current Estimated Value
$192,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 30, 2018
Sold by
Ramsey Larry L and Ramsey Shannon
Bought by
Rasmussen Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed -- Meridian Title Company
Warranty Deed -- Meridian Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $178,742 Credit Line Revolving
Closed $117,500 Construction
Previous Owner $99,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold -- -- --
09/11/2024 09/11/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $130,000 -- $78 / 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 $38 $23,596 $1,369 $22,227
2023 $3,732 $22,460 $1,369 $21,091
2022 $3,713 $18,815 $1,369 $17,446
2021 $2,683 $16,549 $1,369 $15,180
2020 $2,975 $16,020 $1,139 $14,881
2019 $2,683 $14,255 $1,139 $13,116
2018 $2,594 $13,996 $1,139 $12,857
2017 $2,593 $13,996 $1,139 $12,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 643769

South Central Kansas MLS

APN: 414-20-0-20-14-004-00-0