NOT LISTED FOR SALE

1506 N Waco Ave Wichita, KS 67203

Midtown Neighborhood

Estimated Value: $271,000

15 Beds
11 Baths
9,150 Sq Ft
$30/Sq Ft Est. Value

Last Sold July 24, 2015

Current estimated payment $1,824/month

99 Days on Market

Highlights

  • 22,900 Sq Ft lot
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Four Sided Brick Exterior Elevation

About This Home

As of July 2015

Great opportunity to start making money right away. Owner has been on top of maintenance and has done many upgrades.!14 units total.1506: 2 Fourplexes, 1 Triplex. 1510: 1 Triplex. All units currently rented. $210-$450/month. Since purchased in 2007 owner has:Replaced all windows, NEW driveway and parking spaces, replaced all exterior doors and most interior ones, NEW interior paint and knockdown texture, NEW bathroom fixtures - toilets and vanities, NEW kitchen cabinets, NEW surround bath enclosures(12), NEW tile floors, refurbished original hardwood floors, NEW HVAC systems(4), NEW furnaces(8), NEW gutters, NEWER electric ranges(13)- gas(1) ,NEWER refrigerators(14), NEW electric panels(7), repaired and repainted all soffits & fascia, replaced 95% of plumbing with copper, 2 100-gal water heaters, 3 40-gal water heaters

Last Agent to Sell the Property

Bernardo Flores

Fiesta Real Estate License #00054358 Listed on: 02/17/2015

Last Buyer's Agent

Brad Elliot

Realty Connections License #00003407

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,557

Year Built

  • Built in 1952

Lot Details

  • 0.53 Acre Lot

Home Design

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

Interior Spaces

  • 9,150 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Laundry in Basement

Kitchen

  • Oven or Range
  • Disposal

Parking

  • 14 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Irving Elementary School
  • Marshall Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for electric, gas, trash, water/sewer
  • Assessor Parcel Number 00101-398

Community Details

Overview

  • 14 Units
  • Sherwood Subdivision

Building Details

  • Gross Income $60,360

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,557

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 90.72
  • Year Built: 1952
  • Annual Specials: 90.72
  • Estimated TFLA: 9150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Disposal, Over/Range, Refrigerator
  • Basement: Yes - Unfinished
  • Basement Finished Percent: Storage
  • Basement Use: Laundry, Owner Storage, Tenant Laundry, Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, 2 Per Unit
  • On Site Parking Spaces: 14

Utilities

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

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Irving
  • Middle School: Marshall
  • High School: North
  • Elementary School: Irving
  • High School: North

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 22900
  • Geo ADDRESS Line: 1506 N Waco Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick Co.
  • Geo Subdivision: KS
  • Geo Update: 07/27/2015
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 00101-398
  • General Taxes: 4089.49
  • General Tax Year: 2014

Multi Family

  • Number Of Units: 14
  • Number Of 1 Bedroom Units: 9
  • Number Of 2 Bedroom Units: 3
  • Number Of Efficiency Units: 2
  • Rent Per Unit 1 Bedroom: 370-380
  • Rent Per Unit 2 Bedroom: 300-450
  • Rent Per Unit Efficiency: 310-300
  • Gross Income: 60360

MLS Schools

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

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed D & K Real Estate Llc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold -- -- --
05/27/2015 05/27/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $350,000 -- $38 / 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 $4,557 $40,860 $3,059 $37,801
2023 $4,557 $36,502 $1,990 $34,512
2022 $3,492 $30,338 $1,875 $28,463
2021 $3,432 $29,194 $1,231 $27,963
2020 $3,444 $29,194 $920 $28,274
2019 $3,321 $28,093 $920 $27,173
2018 $3,336 $28,300 $1,553 $26,747
2017 $3,427 $0 $0 $0
2016 $3,195 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bernardo Flores

    Seller's Agent in 2015

    Bernardo Flores

    Fiesta Real Estate

    (316) 806-8211

    12 in this area

    164 Total Sales

    Bernardo Flores
    Section Image

  • B

    Buyer's Agent in 2015

    Brad Elliot

    Realty Connections

    (316) 772-2776

    99 Total Sales

    Brad Elliot
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 500399

South Central Kansas MLS

APN: 123-08-0-43-01-013.00B

Kansas Sedgwick County Wichita 67203 Midtown

1506 N Waco Ave, Wichita, KS

This home is located at 1506 N Waco Ave, Wichita, KS 67203 since 17 February 2015 and is currently estimated at $271,000, approximately $29 per square foot. This property was built in 1952. 1506 N Waco Ave is a home located in Sedgwick County with nearby schools including Irving Elementary School, Marshall Middle School, and Wichita High School North.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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