$110,000
SOLD MAR 10, 2023
Last list price

1240 SW College Ave Topeka, KS 66604

Elmhurst Neighborhood
-- Bed
-- Bath
1,538 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

2 Days on Market

About This Home

As of March 2023

Great investment opportunity! Nice side-by-side 2BR, 1BA units within walking distance to Washburn University. Separate meters, updated mechanicals. Professionally managed. Fully rented with gross rents of $1,133 mo. See documents for Rent Roll.

Last Agent to Sell the Property

John Bowes

Countrywide Realty, Inc. License #SP00220928 Listed on: 02/10/2023

Last Buyer's Agent

Greg Ross

KW One Legacy Partners, LLC License #SP00238195

KW One Legacy Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1953

Parking

  • 2 Parking Spaces

Home Design

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

Flooring

  • Concrete Flooring

Schools

  • Lowman Hill Elementary School
  • Landon Middle School
  • Topeka High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number R14053

Community Details

Overview

  • 2 Units
  • Elmhurst Subdivision

Building Details

  • 2 Leased Units
  • Gross Income $1,133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,320

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • Property Sub Type: Duplex, Triplex or Fourpl
  • Prop. Type: Residential Income
  • List Price: 110000
  • Subdivision Name: Elmhurst
  • Architectural Style: Side-by-Side
  • Special Features: None

Interior Features

  • Flooring: Slab
  • UnitFeatures: Washer/Dryer Hookups,Private Outside Entry,Private Bath

Exterior Features

  • Roof: Composition
  • Building Features: Separate Electric Meters, Separate Gas Meters
  • Construction Type: Frame

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City Water, City Sewer
  • AreUtilitiesOnYN: Yes

Schools

  • Elementary School: Lowman Hill Elementary School/USD 501
  • High School: Topeka High School/USD 501
  • Middle Or Junior School: Landon Middle School/USD 501

Lot Info

  • Zoning: R-2 Single Family
  • Lot Size: 5625
  • Lot Size Units: Square Feet
  • Parcel #: R14053
  • ResoLotSizeUnits: SquareFeet
  • FloodZone: Unknown
  • AssessedImpValue: 7220
  • ConformsToZoningYN: Yes
  • ApproxSqFtImprovements: 1538

Multi Family

  • Gross Income: 1133
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • NumberOfUnitsOccupied: 2

Tax Info

  • Tax Annual Amount: 1320.22
  • GeneralTax: 1,320.22
  • SpecTax: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Brown Adrian and Brown Tawana
Bought by
Ksbfl Llc
Current Estimated Value
$159,855

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 13, 2023
Sold by
Amherst Holdings Llc
Bought by
Brown Adrian and Brown Tawana
Seller's Agent
John Bowes
Countrywide Realty, Inc.
Buyer's Agent
Greg Ross
KW One Legacy Partners, LLC
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.89%

Purchase Details

Listed on
Aug 22, 2017
Closed on
Oct 20, 2017
Sold by
Clay Valerie and Clay Michael Anthony
Bought by
Amherst Holdings Llc
Seller's Agent
Tom Madl
Genesis, LLC, Realtors
Buyer's Agent
Stephen Osborne
TopCity Realty, LLC
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- Lawyers Title
Warranty Deed -- Lawyers Title
Warranty Deed -- Kansas Secured Title
Warranty Deed -- Kansas Secured Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold -- -- --
02/25/2023 02/25/23 For Sale $110,000 0.0% $72 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $110,000 +69.2% $72 / Sq Ft
11/01/2017 11/01/17 Sold -- -- --
08/24/2017 08/24/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $65,000 -- $42 / Sq Ft
Source: Sunflower Association of REALTORS®

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 $1,773 $13,064 -- --
2023 $1,773 $10,503 $0 $0
2022 $1,320 $9,133 $0 $0
2021 $1,225 $7,942 $0 $0
2020 $1,151 $7,563 $0 $0
2019 $1,135 $7,415 $0 $0
2018 $1,102 $7,199 $0 $0
2017 $1,104 $7,199 $0 $0
2014 $1,188 $7,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sunflower Association of REALTORS®

MLS Number: 227705

Sunflower Association of REALTORS®

APN: 097-36-0-30-30-010-000