NOT LISTED FOR SALE

Estimated Value: $153,000

7 Beds
4 Baths
2,511 Sq Ft
$61/Sq Ft Est. Value

Last Sold February 09, 2023

Current estimated payment $889/month

118 Days on Market

Highlights

  • Brick Veneer
  • Floor Furnace
  • 1-Story Property

About This Home

As of February 2023

Solid investment opportunity! Three two bedroom units and one one bedroom unit in Central Wichita. Call the showing number for further information.

Last Agent to Sell the Property

Kit Corby

Keller Williams Hometown Partners License #00222360 Listed on: 09/13/2022

Keller Williams Hometown Partners

Last Buyer's Agent

Terra Alonzi

Real Broker, LLC License #00238602

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 1954

Lot Details

  • 6,916 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Side-by-Side
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,511 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Schools

  • L'ouverture Elementary School
  • Wilbur Middle School
  • Northwest High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Wall Furnace

Community Details

  • 4 Units
  • Gross Income $23,400

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash, water/sewer
  • Assessor Parcel Number 20173-125-15-0-21-04-009-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,061

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 31.6
  • Year Built: 1954
  • Annual Specials: 31.6
  • Estimated TFLA: 2511
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

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

Exterior Features

  • Construction: Brick Veneer
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit
  • On Site Parking Spaces: 4

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Central Electric, Floor Furnace, Wall Furnace/Baseboard
  • Utilities: Natural Gas, Public, Sewer

Schools

  • Elementary School: L'Ouverture
  • High School: Northwest

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 6916
  • Geo ADDRESS Line: 1312 N Piatt Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 09/13/2022
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-125-15-0-21-04-009-00
  • General Taxes: 752.24
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 1
  • Number Of 2 Bedroom Units: 3
  • Rent Per Unit 1 Bedroom: 500, 500, 475, 475
  • Gross Income: 23400

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Dec 16, 2016
Sold by
Nguyen Anh T and Nguyen Tu
Bought by
Wilbeck Tanner
Seller's Agent
Judy Bias
Keller Williams Signature Partners, LLC
Buyer's Agent
Myron Klaassen
Coldwell Banker Plaza Real Estate
List Price
$75,000
Current Estimated Value
$153,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$51,000
Outstanding Balance
$41,245
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$111,755

Purchase Details

Closed on
Jan 9, 2016
Sold by
Wilbeck Tanner
Bought by
Abode Property 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
Wilbeck Tanner -- Security 1St Title
Abode Property Investments Llc -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilbeck Tanner $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2023 02/09/23 Sold -- -- --
01/09/2023 01/09/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $139,900 -5.2% $56 / Sq Ft
11/30/2022 11/30/22 Price Changed $147,500 -4.8% $59 / Sq Ft
11/18/2022 11/18/22 Price Changed $155,000 -2.5% $62 / Sq Ft
10/19/2022 10/19/22 Price Changed $159,000 -5.9% $63 / Sq Ft
09/13/2022 09/13/22 For Sale $169,000 +125.3% $67 / Sq Ft
12/16/2016 12/16/16 Sold -- -- -- View Prior Sale
10/28/2016 10/28/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $75,000 -- $30 / 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 $1,061 $8,476 $564 $7,912
2023 $1,061 $9,835 $472 $9,363
2022 $789 $7,360 $437 $6,923
2021 $752 $6,601 $437 $6,164
2020 $755 $6,601 $437 $6,164
2019 $756 $6,601 $437 $6,164
2018 $627 $5,544 $403 $5,141
2017 $659 $0 $0 $0
2016 $100 $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: 616699

South Central Kansas MLS

APN: 125-15-0-21-04-009.01