NOT LISTED FOR SALE

Estimated Value: $142,000 - $186,247

4 Beds
3 Baths
2,296 Sq Ft
$71/Sq Ft Est. Value

Last Sold August 12, 2019

Current estimated payment $995/month

6 Days on Market

About This Home

As of August 2019

Great cashflow opportunity in North Wichita! This is your chance to own both sides of a clean, well-kept duplex with great residual income. Or live in one side and rent out the other leaving you with very little monthly cost! HVAC is BRAND new on both sides, and many other great improvements have been made in recent years. The property also includes a detached 3-car garage, as well as an additional half-bath in unit 1545. Do not miss out on this one. Call for your private showing today.

Last Agent to Sell the Property

Tanner Cluck

Elite Real Estate Experts License #00236188 Listed on: 07/09/2019

Co-Listed By

Colby Reynolds

Sunflower Real Estate License #00233068

Last Buyer's Agent

Steve Myers

LPT Realty, LLC License #SP00237554

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1900

Lot Details

  • 7,000

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 2,296 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Oven or Range
  • Unfinished Basement

Schools

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

Additional Features

  • 7,000 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $13,800

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water/sewer
  • Assessor Parcel Number 20173-123-08-0-44-03-024.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,453

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 81+ Years
  • Total Specials: 5.88
  • Year Built: 1900
  • Annual Specials: 5.88
  • Estimated TFLA: 2296
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Carpet, Wood
  • Basement: Yes - Unfinished
  • Number Of Stories: Two

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Street Parking

Utilities

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

  • Lot Size Sq Ft: 7000
  • Geo ADDRESS Line: 1545 N Market St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 1
  • Geo Subdivision: KS
  • Geo Update: 07/09/2019
  • Geo Zoom Level: 19

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-123-08-0-44-03-024.00
  • General Taxes: 962.27
  • General Tax Year: 2018

Multi Family

  • Number Of Units: 2
  • Number Of 2 Bedroom Units: 2
  • Gross Income: 13800

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Aug 13, 2019
Sold by
Pote Joshua B
Bought by
Wendt Cheryl
Seller's Agent
Tanner Cluck
Elite Real Estate Experts
Buyer's Agent
Steve Myers
LPT Realty, LLC
List Price
$99,900
Current Estimated Value
$164,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$93,279
Outstanding Balance
$82,723
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$64,258

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 21, 2016
Sold by
Porter Leasing Llc
Bought by
Pote Joshua B
Seller's Agent
Ryan Rust
Nikkel and Associates
Buyer's Agent
Tanner Cluck
Elite Real Estate Experts
List Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$58,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2013
Closed on
Oct 7, 2015
Sold by
Welch Gary L
Bought by
Porter Leasing Llc
Seller's Agent
Corbin Turpin
Berkshire Hathaway PenFed Realty
Buyer's Agent
Ryan Rust
Nikkel and Associates
List Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$60,000
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 25, 2012
Closed on
Jul 11, 2012
Sold by
Conway Bank Na
Bought by
Welch Gary L
Seller's Agent
Mike Grbic
EXP Realty, LLC
Buyer's Agent
PAM PETERSON
Coldwell Banker Plaza Real Estate
List Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%
Original Mortgage
$35,250
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2012
Closed on
May 15, 2012
Sold by
Jones Roger N
Bought by
Conway Bank Na
Seller's Agent
Mike Grbic
EXP Realty, LLC
Buyer's Agent
PAM PETERSON
Coldwell Banker Plaza Real Estate
List Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,250
Interest Rate
3.79%
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
Wendt Cheryl -- Security 1St Title Llc
Pote Joshua B -- Security 1St Title
Porter Leasing Llc -- Security 1St Title
Welch Gary L -- Security 1St Title
Conway Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendt Cheryl $93,279
Previous Owner Pote Joshua B $58,500
Previous Owner Porter Leasing Llc $60,000
Previous Owner Welch Gary L $35,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold -- -- --
07/15/2019 07/15/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $99,900 +25.0% $44 / Sq Ft
12/12/2016 12/12/16 Sold -- -- --
11/13/2016 11/13/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $79,900 -20.0% $35 / Sq Ft
10/07/2015 10/07/15 Sold -- -- --
09/11/2015 09/11/15 Pending -- -- --
11/06/2013 11/06/13 For Sale $99,900 +81.6% $44 / Sq Ft
07/11/2012 07/11/12 Sold -- -- --
06/07/2012 06/07/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $55,000 -- $24 / 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 $1,453 $14,467 $2,530 $11,937
2023 $1,453 $11,788 $1,702 $10,086
2022 $1,282 $11,788 $1,610 $10,178
2021 $1,249 $11,016 $966 $10,050
2020 $1,140 $10,040 $966 $9,074
2019 $1,015 $8,947 $966 $7,981
2018 $974 $8,602 $1,012 $7,590
2017 $944 $0 $0 $0
2016 $926 $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: 569192

South Central Kansas MLS

APN: 123-08-0-44-03-024.00