NOT LISTED FOR SALE

1309 N Lorraine Ave Unit 1311 N LORRAINE Wichita, KS 67214

North Central Neighborhood

Estimated Value: $102,000 - $113,416

-- Bed
2 Baths
1,200 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 13, 2021

Current estimated payment $634/month

18 Days on Market

About This Home

As of August 2021

Great investment opportunity! This duplex has two 1-bedroom units and is being sold in as-is condition. Full brick exterior, new roof.

Last Agent to Sell the Property

Mikaela Rehmert-Fira

Berkshire Hathaway PenFed Realty License #00225690 Listed on: 06/29/2021

Last Buyer's Agent

Sissy Koury

Berkshire Hathaway PenFed Realty License #SP00229151

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 1945

Lot Details

  • 10,125 Sq Ft Lot

Home Design

  • Side-by-Side
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Parking

  • 1 Parking Space
  • On-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Community Details

  • 2 Units
  • Gross Income $8,400

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 20173-125-15-0-11-02-017.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$714

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 12.96
  • Year Built: 1945
  • Annual Specials: 12.96
  • Estimated TFLA: 1200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Number Of Stories: One

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Street Parking
  • On Site Parking Spaces: 1

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Wall Furnace/Baseboard
  • Utilities: Public, Sewer

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: 10125
  • Geo ADDRESS Line: 1309 N Lorraine Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 06/29/2021
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-125-15-0-11-02-017.00
  • General Taxes: 405.97
  • General Tax Year: 2014

Multi Family

  • Number Of Units: 2
  • Gross Income: 8400

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Palomares Cesar M and Palomares Judith
Bought by
Palomares Cesar M and Palomares Judith
Current Estimated Value
$107,708

Purchase Details

Closed on
Dec 30, 2021
Sold by
Trammell Conor C and Consola Constance Marie
Bought by
Westside Wave Llc

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 9, 2021
Sold by
Core Investment Holdings Llc
Bought by
Trammell Conor C
Seller's Agent
Mikaela Rehmert-Fira
Berkshire Hathaway PenFed Realty
Buyer's Agent
Sissy Koury
Berkshire Hathaway PenFed Realty
List Price
$77,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$51,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2020
Sold by
Next Level Ii Llc
Bought by
Core Investment Holdings Llc

Purchase Details

Closed on
May 21, 2012
Sold by
Ict Investments Llc
Bought by
Mcnett Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,840
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2009
Sold by
Marnell Mark
Bought by
Gibbens Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
5.36%
Mortgage Type
New Conventional
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
Palomares Cesar M -- Security Title
Palomares Cesar M -- Security 1St Title
Westside Wave Llc -- Security 1St Title Llc
Trammell Conor C -- Security 1St Title
Core Investment Holdings Llc -- Security 1St Title Llc
Mcnett Gary -- Security 1St Title
Gibbens Allen -- Continental Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trammell Conor C $51,000
Previous Owner Mcnett Gary $27,840
Previous Owner Gibbens Allen $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold -- -- --
07/17/2021 07/17/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $77,500 0.0% $65 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $77,500 -- $65 / 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 $714 $8,614 $633 $7,981
2023 $714 $6,739 $529 $6,210
2022 $651 $6,308 $495 $5,813
2021 $381 $3,543 $495 $3,048
2020 $191 $3,543 $495 $3,048
2019 $175 $3,543 $495 $3,048
2018 $208 $3,850 $506 $3,344
2017 $293 $0 $0 $0
2016 $379 $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: 598421

South Central Kansas MLS

APN: 125-15-0-11-02-017.00