NOT LISTED FOR SALE

1432 Fairmount St Unit 1432, 1434, 1436 N F Wichita, KS 67208

Fairmount Neighborhood

Estimated Value: $294,000

15 Beds
6 Baths
4,950 Sq Ft
$59/Sq Ft Est. Value

Last Sold April 26, 2018

Current estimated payment $1,770/month

21 Days on Market

Highlights

  • 22,508 Sq Ft lot
  • Heating Available
  • 1-Story Property
  • Central Air

About This Home

As of April 2018

Great investment opportunity for a first time investor or tenured investor alike. This property features 3 adjacent duplexes with one common area and parking lot just a 3 blocks from Wichita State Universities main campus. There are currently 6 rentable-2 and 3 bedroom units with a potential for 2 more apartments to be added in the basement area of 1436 N. Fairmount. Two units have just been fully remodeled, 3 units were remodeled in 2013-2014, one unit needs to be remodeled in building 1436. The basement is already plumbed, has electrical, 2 year old hvac in one unit, and kitchen and bathroom in one unit. The roofs were replaced in 2014 and properties have been well maintained. Don't let this opportunity pass you by, schedule your showing today.

Last Agent to Sell the Property

Nela Bayouth

Reece Nichols South Central Kansas License #00231481 Listed on: 03/01/2018

Reece Nichols South Central Kansas

Last Buyer's Agent

REBECCA MOORE

Golden, Inc. License #00039233

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1950

Lot Details

  • 0.52 Acre Lot

Home Design

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

Interior Spaces

  • 4,950 Sq Ft Home
  • 1-Story Property
  • Apartment Living Space in Basement
  • Oven or Range

Parking

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

Schools

  • Minneha Elementary School
  • Coleman Middle School
  • Southeast High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn maintenance, trash, water/sewer

Community Details

Overview

  • 6 Units
  • Fairmount Subdivision

Building Details

  • Gross Income $32,340

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,460

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 35.28
  • Year Built: 1950
  • Annual Specials: 35.28
  • Estimated TFLA: 4950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Basement Use: Separate Apartments, Owner Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit, Paved
  • On Site Parking Spaces: 12

Utilities

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

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Minneha
  • Middle School: Coleman
  • High School: Southeast
  • Elementary School: Minneha
  • High School: Southeast

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 22508
  • Geo ADDRESS Line: 1432 N Fairmount St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick County
  • Geo Subdivision: KS
  • Geo Update: 05/01/2018
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 00000-
  • General Taxes: 2106.92
  • General Tax Year: 2017

Multi Family

  • Number Of Units: 6
  • Number Of 2 Bedroom Units: 3
  • Number Of 3 Bedroom Units: 3
  • Rent Per Unit 2 Bedroom: $525
  • Rent Per Unit 3 Bedroom: $495
  • Gross Income: 32340

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2012
Sold by
Steffens Development Company
Bought by
Steffens Kenneth P
Current Estimated Value
$294,000
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
Steffens Kenneth P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold -- -- --
03/22/2018 03/22/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $249,900 -- $50 / 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 $2,460 $25,634 $3,554 $22,080
2023 $2,460 $20,827 $2,001 $18,826
2022 $2,356 $20,827 $1,886 $18,941
2021 $2,110 $18,156 $1,415 $16,741
2020 $2,118 $18,155 $1,886 $16,269
2019 $2,181 $18,666 $1,886 $16,780
2018 $2,256 $19,338 $2,795 $16,543
2017 $2,142 $0 $0 $0
2016 $2,016 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nela Bayouth

    Seller's Agent in 2018

    Nela Bayouth

    Reece Nichols South Central Kansas

    (316) 393-5259

    1 in this area

    209 Total Sales

    Nela Bayouth
    Section Image
  • REBECCA MOORE

    Buyer's Agent in 2018

    REBECCA MOORE

    Golden, Inc.

    (316) 641-4153

    61 Total Sales

    REBECCA MOORE
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 547719

South Central Kansas MLS

APN: 121-11-0-33-07-004.00

Kansas Sedgwick County Wichita 67208 Fairmount

1432 Fairmount St Unit 1432, 1434, 1436 N F, Wichita, KS

This home is located at 1432 Fairmount St Unit 1432, 1434, 1436 N F, Wichita, KS 67208 since 01 March 2018 and is currently estimated at $294,000, approximately $59 per square foot. This property was built in 1950. 1432 Fairmount St Unit 1432, 1434, 1436 N F is a home located in Sedgwick County with nearby schools including College Hill Elementary School, Coleman Environmental Magnet Middle School, and Wichita Southeast High School.

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