NOT LISTED FOR SALE

Estimated Value: $159,000 - $176,910

2 Beds
2 Baths
1,800 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 19, 2024

Current estimated payment $1,003/month

13 Days on Market

About This Home

As of January 2024

Online only auction! Bidding Closes December 20th at 3:30 PM! Great investment opportunity in the heart of Wichita. 1920's built duplex with (2) 1-bedroom, 1-bathroom units on each side. Original hardwood and trim throughout the units. The bedrooms are upstairs. There is a bright living room with a fireplace and builts in on each side, formal dining room and good sized kitchen. There is a basement on each side with storage and laundry for each unit. The units do feature central heat and air. The corner lot has a detached garage with a separate fenced yard. Lots of potential with this duplex on a great street in Midtown! 10% buyer premium will be added to the final bid and make up the final contract price. Property is selling in its “as-is”present condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer’s responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of the title insurance and the closing fee. ALL taxes will be prorated to the day of closing. Bidding is not contingent upon financing. Closing to take place on or before 30 days from the auction closing date. Non-refundable earnest money deposit due at the conclusion of the auction in the amount of $5,000

Last Agent to Sell the Property

Daniel Gutierrez

Keller Williams Hometown Partners License #00235453 Listed on: 12/08/2023

Keller Williams Hometown Partners

Last Buyer's Agent

Daniel Gutierrez

Keller Williams Hometown Partners License #00235453 Listed on: 12/08/2023

Keller Williams Hometown Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,389

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

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

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement

Schools

  • Park Elementary School
  • Marshall Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 125-16-0-22-05-001.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,389

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 81+ Years
  • Total Specials: 1205.86
  • Year Built: 1920
  • Annual Specials: 1205.86
  • Estimated TFLA: 1800
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Floors: Wood
  • Basement: Yes - Partially Finished
  • Basement Finished Percent: Storage
  • Basement Use: Tenant Laundry, Tenant Storage
  • Number Of Stories: Two

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit
  • On Site Parking Spaces: 2

Utilities

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

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 5,663
  • Geo Match Code: 3
  • Geo Quality: 0.9
  • Geo Update: 12/08/2023
  • Geo Zoom Level: 18

Rental Info

  • Owner Paid Utilities: Gas, Lawn Maintenance, Trash, Water/Sewer

Tax Info

  • Assessor Parcel Number: 125-16-0-22-05-001.00
  • General Taxes: 1341.81
  • General Tax Year: 2023

Multi Family

  • Number Of Units: 2
  • Number Of 1 Bedroom Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 18, 2024
Sold by
Peransi Investments Llc
Bought by
Rdx Rental Properties Llc
Seller's Agent
Daniel Gutierrez
Keller Williams Hometown Partners
Buyer's Agent
Daniel Gutierrez
Keller Williams Hometown Partners
List Price
$93,500
Views
62
Current Estimated Value
$162,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.94%
Original Mortgage
$124,000
Outstanding Balance
$122,050
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$39,426

Purchase Details

Closed on
Sep 29, 2023
Sold by
Bever John E and Bever Janet Y
Bought by
Peransi Investments Llc
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
Rdx Rental Properties Llc -- Kansas Secured Title
Peransi Investments Llc -- Americas Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peransi Investments Llc $124,000
Closed Rdx Rental Properties Llc $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold -- -- --
12/21/2023 12/21/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $93,500 -- $52 / 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 $1,389 $15,574 $2,461 $13,113
2023 $1,389 $12,489 $2,047 $10,442
2022 $1,243 $11,455 $1,921 $9,534
2021 $1,225 $10,805 $1,518 $9,287
2020 $1,229 $10,805 $1,518 $9,287
2019 $1,126 $9,902 $1,518 $8,384
2018 $1,299 $11,374 $1,277 $10,097
2017 $1,110 $0 $0 $0
2016 $1,035 $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: 633368

South Central Kansas MLS

APN: 125-16-0-22-05-001.00