NOT LISTED FOR SALE

12816 E Timber Lake Rd Wichita, KS 67230

Estimated Value: $405,000 - $418,204

-- Bed
6 Baths
4,276 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 29, 2024

Current estimated payment $2,976/month

79 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2024

Don't miss out on these must-see, attractive, and contemporary townhomes that offer ample space! Each unit boasts four bedrooms, three bathrooms, a two-car attached garage, and a fully finished basement. The basement is equipped with two bedrooms, a bathroom, and a storage room. You'll also find a convenient laundry area on the main floor. The home features a modern, open-concept kitchen, a spacious living and dining area on the main level, and all kitchen appliances are included. These townhomes are adorned with beautiful granite countertops and luxurious laminate flooring. The rental prices for these duplexes can range from $1,495 to $1,900, with the current rent being $1,490 and the other side is owner occupied. These townhomes are conveniently situated on the east side of Wichita, close to highways, the turnpike, shopping centers, and restaurants. This is a fantastic opportunity to purchase both sides of these townhomes. There is a VA Assumable Loan for under 3 percent for a qualified borrower.

Last Agent to Sell the Property

Steve Myers

LPT Realty, LLC License #SP00237554 Listed on: 10/12/2023

LPT Realty, LLC

Last Buyer's Agent

Lori Newfer

Berkshire Hathaway PenFed Realty License #00238352

Berkshire Hathaway PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,001

Year Built

  • Built in 2017

Lot Details

  • 0.27

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Side-by-Side
  • Composition Roof
  • Hardboard

Interior Spaces

  • 4,276 Sq Ft Home
  • 1-Story Property
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • 4 Car Attached Garage
  • Over 1 Space Per Unit

Schools

  • Christa Mcauliffe Elementary School
  • Christa Mcauliffe Academy K-8 Middle School
  • Southeast High School

Additional Features

  • 0.27 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • Assessor Parcel Number 117260330200700

Community Details

Overview

  • 2 Units
  • The Steppes At Ark Valley Subdivision

Building Details

  • Gross Income $17,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,001

Year Built

Built in 2017

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 6 - 10 Years
  • Total Specials: 24906.44
  • Year Built: 2017
  • Annual Specials: 2377.22
  • Estimated TFLA: 4276
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Over/Range, Refrigerator
  • Floors: Carpet
  • Basement: Yes - Finished
  • Basement Finished Percent: Bath(s), Bedroom(s), Daylight Window(s), Family Room, Storage
  • Basement Use: Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Hardboard
  • Roof: Composition

Garage/Parking

  • Parking: More Than 2 Per Unit, Attached Garage
  • On Site Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • HOA YN: Yes
  • Annual HOA Fees: 1200

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Christa McAuliffe
  • Middle School: Christa McAuliffe Academy K-8
  • High School: Southeast
  • Elementary School: Christa McAuliffe
  • High School: Southeast

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 11835
  • Geo ADDRESS Line: 12816 E Timber Lake Rd
  • Geo PRIMARY City: Wichita
  • Geo Quality: 1
  • Geo Subdivision: KS
  • Geo Update: 10/13/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 117260330200700
  • General Taxes: 4317.68
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 2
  • Gross Income: 17880

MLS Schools

  • Middle School: Christa McAuliffe Academy K-8
  • School District: Wichita School District (USD 259)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Jan 30, 2024
Sold by
Kocher Michael P and Kocher Kathryn R
Bought by
Hodges Mark
Seller's Agent
Steve Myers
LPT Realty, LLC
Buyer's Agent
Lori Newfer
Berkshire Hathaway PenFed Realty
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Views
91
Current Estimated Value
$411,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,602
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Aug 20, 2020
Sold by
Lldp Properties Llc
Bought by
Kocher Michael P and Kocher Kathryn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,733
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Feb 15, 2018
Sold by
Gmb Capital Llc
Bought by
Lldp Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,375
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Hodges Mark -- Kansas Secured Title
Kocher Michael P -- None Available
Lldp Properties Llc -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kocher Michael P $321,733
Previous Owner Lldp Properties Llc $484,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold -- -- --
12/30/2023 12/30/23 Pending -- -- --
12/17/2023 12/17/23 For Sale $415,000 0.0% $97 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $415,000 -- $97 / 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
2023 $7,001 $38,882 $7,303 $31,579
2022 $6,499 $36,605 $6,889 $29,716
2021 $6,607 $36,605 $4,531 $32,074
2020 $6,434 $35,193 $4,531 $30,662
2019 $6,420 $35,018 $4,531 $30,487
2018 $5,009 $33,996 $4,796 $29,200
2017 $17 $0 $0 $0
2016 $17 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Myers

    Seller's Agent in 2024

    Steve Myers

    LPT Realty, LLC

    (316) 680-1554

    1,215 Total Sales

    Steve Myers
    Section Image
  • Lori Newfer

    Buyer's Agent in 2024

    Lori Newfer

    Berkshire Hathaway PenFed Realty

    (620) 845-4240

    142 Total Sales

    Lori Newfer
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 631401

South Central Kansas MLS

APN: 117-26-0-33-02-009.00

Kansas Sedgwick County Wichita 67230

12816 E Timber Lake Rd, Wichita, KS

This home is located at 12816 E Timber Lake Rd, Wichita, KS 67230 since 12 October 2023 and is currently estimated at $411,602, approximately $96 per square foot. This property was built in 2017. 12816 E Timber Lake Rd is a home located in Sedgwick County with nearby schools including Christa McAuliffe Academy, Wichita Southeast High School, and Holy Cross Lutheran School.

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South Central Kansas MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.

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