NOT LISTED FOR SALE

Estimated Value: $116,000

17 Beds
1 Bath
6,445 Sq Ft
$18/Sq Ft Est. Value

Last Sold April 28, 2022

Current estimated payment $667/month

36 Days on Market

Highlights

  • 37,685 Sq Ft lot
  • 8 Car Detached Garage
  • 1-Story Property
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MARCH 31ST. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MARCH 31ST. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Great investment package!!! Five single-family homes and one duplex selling together. All the properties are on Hillside in between E. 14th Street and E. 15th Street with every unit rented, giving you over $40,000 annual income. 1511 N. Hillside - 3 bedroom, 1 bathroom single-family home rented for $690 MTM with a $700 security deposit. This home features a covered entry, deck, and off-street parking. Inside the home is a spacious living/dining combination with a galley-style kitchen which includes a refrigerator, oven, and laundry hookups. There is a partial unfinished basement for additional storage space. Per the seller, there are updated windows and newer C/A. 1515 N. Hillside - 3 bedroom, 1.5 bathroom single-family home rented for $750 MTM with a $750 security deposit. This home features a spacious covered front porch and off-street parking.  Inside the home is a living room with a decorative fireplace, hardwood flooring, and opens up to the formal dining room. The kitchen includes the oven. The unfinished partial basement provides storage space and laundry hookups. Per the seller, there are updated windows and newer CH/CA. 1519 N. Hillside - 2 bedroom, 1 bathroom single-family home rented for $350 MTM with a $200 security deposit. This home features off-street parking, vinyl siding, a kitchen with a refrigerator & oven, and newer C/H per the seller.  1521 N. Hillside - Duplex with (2) 2 bedroom, 1 bathroom units. Unit 1 is rented for $325 MTM with a $350 security deposit. Unit 2 is rented for $350 MTM with a $350 security deposit. This 2-story property features a fenced front yard, a large covered front porch, off-street parking, and an outbuilding. There are separate gas and electric meters. The lower unit has a large brick fireplace, two bedrooms, and a full bathroom with a walk-in shower. The upper unit has two bedrooms and a full bathroom with double sinks and a tub/shower combination. Each unit includes the refrigerator and oven.  1533 N. Hillside - 2 bedroom, 1 bathroom single-family home rented for $400 MTM with a $400 security deposit. This home features a fenced backyard and includes a refrigerator and oven.  1539 N. Hillside - 3 bedroom, 1 bathroom single-family home rented for $550 MTM with a 550 security deposit. This home features a covered front porch, detached one-car garage, replacement windows, and CH/CA. There is a spacious living/dining combination and a kitchen with a refrigerator and oven. The full unfinished basement provides storage space and laundry hookups.  The tenants at 1511, 1519, 1521, 1533, and 1539 N. Hillside pay $10 a month, not included in the totals above, for fire rental insurance. The tenant at 1515 N. Hillside has their own renters insurance.  Most of the tenants are long terms tenants and the rental rates do not reflect today's market.  Pre-Approved Owner Carry Option For Closing: The seller is agreeable to provide an owner carry financing option to the purchaser, with the terms as follows:  25% of contract price down at closing, 6% interest and for a term of 15 years to be setup at the expense of the Buyer at Security 1st Title.  Buyer to pay maintenance fee for owner carry facilitation.  Seller pays for trash for all properties as well as water for 1521 N. Hillside.  1521 Hillside (Ground Level Unit) receives a $50 credit for gas bill during December-March as a courtesy. *SEE TERMS OF

Last Agent to Sell the Property

Braden McCurdy

McCurdy Real Estate & Auction, LLC License #00052737 Listed on: 02/23/2022

Last Buyer's Agent

Braden McCurdy

McCurdy Real Estate & Auction, LLC License #00052737 Listed on: 02/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 1925

Lot Details

  • 0.87 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 6,445 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Oven or Range
  • Unfinished Basement

Parking

  • 8 Car Detached Garage
  • Over 1 Space Per Unit

Schools

  • Spaght Multimedia Magnet Elementary School
  • Wilbur Middle School
  • Northwest High School

Utilities

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

Community Details

  • 6 Units
  • Gross Income $40,980

Listing and Financial Details

  • Tenant pays for electric, gas, lawn maintenance, trash, water/sewer
  • The owner pays for trash
  • Assessor Parcel Number 20173-122-10-0-44-01-014.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$418

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Estimated Age: 81+ Years
  • Total Specials: 55.3
  • Year Built: 1925
  • Annual Specials: 55.3
  • Estimated TFLA: 6445
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772773

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Carpet, Wood
  • Basement: Yes - Unfinished
  • Basement Use: Tenant Laundry, Tenant Storage
  • Number Of Stories: One, Two

Exterior Features

  • Construction: Vinyl
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, More Than 2 Per Unit, Detached Garage
  • On Site Parking Spaces: 8

Utilities

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

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Spaght Multimedia Magnet (NH)
  • Middle School: Wilbur
  • High School: Northwest
  • Elementary School: Spaght Multimedia Magnet (NH)
  • High School: Northwest

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 37685
  • Geo Match Code: 3
  • Geo Quality: 1
  • Geo Update: 03/04/2022
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-122-10-0-44-01-014.00
  • General Taxes: 1394.05
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 6
  • Number Of 2 Bedroom Units: 4
  • Number Of 3 Bedroom Units: 3
  • Rent Per Unit 2 Bedroom: $350, $325, $350, $400
  • Rent Per Unit 3 Bedroom: $690, $750, $550
  • Gross Income: 40980

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 28, 2022
Sold by
Kimmel Kevin G and Kimmel Beverly
Bought by
Ct Core Llc
Seller's Agent
Braden McCurdy
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Braden McCurdy
McCurdy Real Estate & Auction, LLC
List Price
$346,500
Current Estimated Value
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.08%
Original Mortgage
$259,500
Interest Rate
5.1%
Mortgage Type
New Conventional
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
Ct Core Llc -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parabolic Holdings 9 Llc $791,765
Closed Ct Core Llc $259,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold -- -- --
03/31/2022 03/31/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $346,500 -- $54 / 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 $418 $4,715 $552 $4,163
2023 $418 $3,830 $460 $3,370
2022 $323 $3,312 $437 $2,875
2021 $321 $3,091 $437 $2,654
2020 $322 $3,091 $437 $2,654
2019 $323 $3,092 $380 $2,712
2018 $322 $3,092 $380 $2,712
2017 $322 $0 $0 $0
2016 $321 $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: 608131

South Central Kansas MLS

APN: 122-10-0-44-01-014.00