NOT LISTED FOR SALE

1646 S Fern St Unit 1646, 1650, 1658 Wichita, KS 67213

Stanley/Aley Neighborhood

Estimated Value: $414,000

-- Bed
8 Baths
21,106 Sq Ft
$20/Sq Ft Est. Value

Last Sold March 04, 2024

Current estimated payment $2,639/month

24 Days on Market

Highlights

  • Brick Veneer
  • Forced Air Heating and Cooling System
  • Fenced
  • Tile Flooring

About This Home

As of March 2024

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON FEBRUARY 1ST, 2024. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. What a terrific investment opportunity! Three quadplexes each with 2-bedroom, 1-bathroom units for a total of 12 units! These properties offer paved, off-street parking, mature trees, and a convenient location, near W. Harry & Seneca!  The interior of each unit features a living room with windows to let in the natural sunlight. The kitchen/dining combination has tile flooring and access to either your patio or balcony. The galley-style kitchen includes a dishwasher, oven/range, and refrigerator. Washer and dryer hookups are available in each unit as well! There are two spacious bedrooms and a full bath with a tub/shower combination. Eleven of the twelve units are currently rented with a monthly income of $7,055 and an annual income of $84,660!  Don't miss this great opportunity!!! *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $35,000.

Last Agent to Sell the Property

Megan McCurdy Niedens

McCurdy Real Estate & Auction, LLC License #SP00225554 Listed on: 01/08/2024

Last Buyer's Agent

Megan McCurdy Niedens

McCurdy Real Estate & Auction, LLC License #SP00225554 Listed on: 01/08/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1983

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced

Home Design

  • Brick Veneer
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 21,106 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • 24 Parking Spaces
  • Over 1 Space Per Unit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 12 Units
  • Gross Income $84,660

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 129-31-0-12-01-009.00

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,304

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Style: High Rise
  • Estimated Age: 36 - 50 Years
  • Total Specials: 100.56
  • Year Built: 1983
  • Annual Specials: 100.56
  • Estimated TFLA: 21106
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

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

Exterior Features

  • Construction: Brick Veneer, Frame
  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit
  • On Site Parking Spaces: 24

Utilities

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

Association/Amenities

  • Safety Features: Fencing

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: 1646 S Fern St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 01/22/2024
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 129-31-0-12-01-009.00
  • General Taxes: 7552.07
  • General Tax Year: 2023

Multi Family

  • Number Of Units: 12
  • Rent Per Unit 2 Bedroom: 625-700
  • Gross Income: 84660

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 1, 2024
Sold by
1646 S Fern Llc
Bought by
Hawthorn Investments Llc
Seller's Agent
Megan McCurdy Niedens
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Megan McCurdy Niedens
McCurdy Real Estate & Auction, LLC
List Price
$643,500
Sold Price
$643,500
Total Days on Market
24
Views
23
Current Estimated Value
$414,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$229,500
Original Mortgage
$614,800
Outstanding Balance
$606,890
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
2000 Holdings Llc
Bought by
Preferred Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,400
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Hawthorn Investments Llc -- Security 1St Title
1646 S Fern Llc -- Security 1St Title
Preferred Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawthorn Investments Llc $614,800
Previous Owner Preferred Management Llc $378,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold -- -- --
02/01/2024 02/01/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $643,500 -- $30 / 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 $5,304 $43,713 $1,484 $42,229
2022 $4,205 $36,743 $1,403 $35,340
2021 $4,412 $37,842 $506 $37,336
2020 $4,429 $37,842 $506 $37,336
2019 $4,031 $34,379 $1,081 $33,298
2018 $3,999 $34,109 $506 $33,603
2017 $3,481 $0 $0 $0
2016 $3,199 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Megan McCurdy Niedens

    Seller's Agent in 2024

    Megan McCurdy Niedens

    McCurdy Real Estate & Auction, LLC

    (316) 204-5928

    5 in this area

    366 Total Sales

    Megan McCurdy Niedens
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Map

Source: South Central Kansas MLS

MLS Number: 634505

South Central Kansas MLS

APN: 129-31-0-12-01-009.00

Kansas Sedgwick County Wichita 67213 Stanley/Aley

1646 S Fern St Unit 1646, 1650, 1658, Wichita, KS

This home is located at 1646 S Fern St Unit 1646, 1650, 1658, Wichita, KS 67213 since 08 January 2024 and is currently priced at $414,000, approximately $19 per square foot. This property was built in 1983. 1646 S Fern St Unit 1646, 1650, 1658 is a home located in Sedgwick County with nearby schools including Stanley Elementary School, Hamilton Middle School, and Wichita West High School.

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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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