NOT LISTED FOR SALE

1504 W Esthner Ave Unit 1502/1504/1506/1508 Wichita, KS 67213

Stanley/Aley Neighborhood

Estimated Value: $261,000

-- Bed
4 Baths
3,520 Sq Ft
$74/Sq Ft Est. Value

Last Sold September 20, 2023

Current estimated payment $1,657/month

14 Days on Market

About This Home

As of September 2023

Introducing your next real estate investment - a quadplex with recently remodeled 2-bedroom, 1-bath units. Three of the four units are rented. Adjacent to an elementary school, it offers ultimate convenience for families, ensuring steady occupancy. With the potential for increased rental income, this property is a great opportunity for investors seeking start or grow their portfolio. New exterior stairs add value and safety, making it a smart choice for any savvy buyer. Don't miss out - schedule a viewing now (on this vacant unit) and seize this opportunity before it's gone!

Last Agent to Sell the Property

Cody Arnett

Collins & Associates License #00240567 Listed on: 08/01/2023

Last Buyer's Agent

Jamie Hanson

Keller Williams Hometown Partners License #00232505

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 1968

Lot Details

  • 10,454

Home Design

  • Composition Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Parking

  • 8 Parking Spaces
  • Paved Parking

Schools

  • Stanley Elementary School
  • Hamilton Middle School
  • West High School

Additional Features

  • 10,454 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units
  • Gross Income $34,500

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 129-31-0-12-10-011.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,309

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Estimated Age: 51 - 80 Years
  • Total Specials: 33.52
  • Year Built: 1968
  • Annual Specials: 33.52
  • Estimated TFLA: 3520
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Carpet
  • Number Of Stories: Two

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: Paved
  • On Site Parking Spaces: 8

Utilities

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

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Stanley
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Stanley
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 10,454
  • Geo ADDRESS Line: 1504 W Esthner Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 08/01/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 129-31-0-12-10-011.00
  • General Taxes: 2054
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 4
  • Gross Income: 34500

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 21, 2023
Sold by
Mockingbird Investment Co Inc
Bought by
Hamilton Brittany Leigh
Seller's Agent
Cody Arnett
Collins & Associates
Buyer's Agent
Jamie Hanson
Keller Williams Hometown Partners
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Total Days on Market
14
Views
58
Current Estimated Value
$261,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,000
Avg. Annual Appreciation
-3.01%
Original Mortgage
$270,019
Outstanding Balance
$265,799
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
-$4,799

Purchase Details

Closed on
Nov 30, 2021
Sold by
Unlimited Property Solutions Llc
Bought by
Mockingbird Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving
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
Hamilton Brittany Leigh -- Kansas Secured Title
Mockingbird Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Brittany Leigh $270,019
Previous Owner Mockingbird Investments Llc $212,000
Previous Owner Herzberg Thomas E $83,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold -- -- --
08/15/2023 08/15/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $285,000 -- $81 / 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 $2,309 $21,517 $1,495 $20,022
2022 $2,054 $18,355 $1,415 $16,940
2021 $1,997 $17,319 $506 $16,813
2020 $1,908 $16,491 $506 $15,985
2019 $1,726 $14,906 $506 $14,400
2018 $1,725 $14,906 $506 $14,400
2017 $1,537 $0 $0 $0
2016 $1,532 $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: 628479

South Central Kansas MLS

APN: 129-31-0-12-10-011.00