NOT LISTED FOR SALE

1250 W Vilm Dr Unit 1-4 Wichita, KS 67217

South Seneca Neighborhood

Estimated Value: $283,000 - $422,445

9 Beds
5 Baths
4,080 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 24, 2020

Current estimated payment $2,224/month

35 Days on Market

About This Home

As of February 2020

Quadplex (1) 3 bedroom two bath & (3) 2 bedroom 1 bath units. All partially finished basements with fireplace. 3/4 occupied. Great investment opportunity.

Last Agent to Sell the Property

Kirk Short

Keller Williams Signature Partners, LLC License #00050473 Listed on: 12/18/2019

Keller Williams Signature Partners, LLC

Last Buyer's Agent

Damon Snyder

The Wichita Realty Group License #00242233

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,579

Year Built

  • Built in 1988

Lot Details

  • 0.31 Acre Lot

Home Design

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

Interior Spaces

  • 4,080 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Apartment Living Space in Basement
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • 7 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Cessna Elementary School
  • Truesdell Middle School
  • South High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 20173-214-18-0-14-01-004.00

Community Details

Overview

  • 4 Units
  • Vilm Gardens 2Nd Addition Subdivision

Building Details

  • Gross Income $27,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,579

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 21 - 35 Years
  • Year Built: 1988
  • Annual Specials: 31.2
  • Estimated TFLA: 4080
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

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

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: 1 1/2 Per Unit, Paved
  • On Site Parking Spaces: 7

Utilities

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

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Cessna
  • Middle School: Truesdell
  • High School: South
  • Elementary School: Cessna
  • High School: South

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 13,684
  • Geo ADDRESS Line: 1250 W Vilm Dr
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 12/18/2019
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-214-18-0-14-01-004.00
  • General Taxes: 2462.83
  • General Tax Year: 2019

Multi Family

  • Number Of Units: 4
  • Number Of 2 Bedroom Units: 3
  • Number Of 3 Bedroom Units: 1
  • Rent Per Unit 2 Bedroom: 550
  • Rent Per Unit 3 Bedroom: 675
  • Gross Income: 27900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Feb 21, 2020
Sold by
Hiser Gregory K and Hiser Rebecca J
Bought by
Grinnell Reed Street Apartments Llc
Seller's Agent
Kirk Short
Keller Williams Signature Partners, LLC
Buyer's Agent
Damon Snyder
The Wichita Realty Group
List Price
$249,000
Current Estimated Value
$351,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$188,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 8, 2008
Sold by
Hiser Rebecca J
Bought by
Hiser Gregory K
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
Grinnell Reed Street Apartments Llc -- None Available
Hiser Gregory K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murlee Properties Llc $500,000
Closed Grinnell Reed Street Apartments Llc $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold -- -- --
01/22/2020 01/22/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $249,000 -- $61 / 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 $3,579 $32,615 $3,439 $29,176
2023 $3,579 $29,164 $2,300 $26,864
2022 $3,103 $27,462 $2,162 $25,300
2021 $3,175 $27,462 $2,162 $25,300
2020 $2,615 $22,552 $2,162 $20,390
2019 $2,494 $21,482 $2,162 $19,320
2018 $2,353 $20,264 $1,829 $18,435
2017 $2,354 $0 $0 $0
2016 $2,258 $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: 575685

South Central Kansas MLS

APN: 214-18-0-14-01-004.00