NOT LISTED FOR SALE

Estimated Value: $139,731 - $187,000

4 Beds
4 Baths
1,325 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 26, 2018

Current estimated payment $1,038/month

25 Days on Market

Highlights

  • Brick Veneer
  • Garden
  • Fenced
  • Tile Flooring
  • Central Air
  • Heating System Uses Gas

About This Home

As of February 2018

Great investment opportunity with this fourplex incuding 1 bedroom 1 bath units. Three rent for $335 and one long term tenant rents for $300. Fully fenced with parking lot including 1 space per unit. Roof is 9 years old.

Last Agent to Sell the Property

BARBARA-LEE LEWIS

Coldwell Banker Plaza Real Estate License #00217777 Listed on: 01/19/2018

Coldwell Banker Plaza Real Estate

Last Buyer's Agent

Chris Greene

Real Broker, LLC License #00236722

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1960

Lot Details

  • 6,976 Sq Ft Lot
  • Fenced
  • Garden

Home Design

  • Brick Veneer

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Oven or Range

Parking

  • 4 Parking Spaces
  • Paved Parking

Schools

  • Stanley Elementary School
  • Alcott Academy Middle School
  • West High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 12931-0121000200B

Community Details

Overview

  • 4 Units
  • Princess Addition Subdivision

Building Details

  • Gross Income $15,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,446

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Garden
  • Estimated Age: 51 - 80 Years
  • Year Built: 1960
  • Annual Specials: 23.52
  • Estimated TFLA: 1325
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Carpet, Tile
  • Basement: Lower Level
  • Basement Finished Percent: Storage
  • Basement Use: Owner Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Brick Veneer

Garage/Parking

  • Parking: 1 Per Unit, Paved
  • On Site Parking Spaces: 4

Utilities

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

Association/Amenities

  • Safety Features: Fencing, Smoke/Heat Detector

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 6976
  • Geo ADDRESS Line: 1706 S Fern St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick
  • Geo Subdivision: KS
  • Geo Update: 02/26/2018
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 12931-0121000200B
  • General Taxes: 945.48
  • General Tax Year: 2017

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Rent Per Unit 1 Bedroom: $335
  • Gross Income: 15660

MLS Schools

  • Middle School: Alcott Academy
  • School District: Wichita School District (USD 259)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Dj Freedom Rentals Llc
Bought by
Prestige Worldwide Prop Llc
Total Days on Market
25
Current Estimated Value
$163,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Outstanding Balance
$150,089
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$15,882

Purchase Details

Closed on
Jul 1, 2016
Sold by
Davis Garry A and Davis Judy
Bought by
Madwest Llc Series 15

Purchase Details

Closed on
Jun 28, 2013
Sold by
Johnson Tom D and Johnson Deborah J
Bought by
Johnson Christina M
Source: Public Records

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Range of Values:

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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
Prestige Worldwide Prop Llc -- Security 1St Title
Madwest Llc Series 15 -- None Available
Johnson Christina M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prestige Worldwide Prop Llc $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold -- -- --
02/13/2018 02/13/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $87,000 -- $66 / 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 $1,446 $11,282 $1,277 $10,005
2022 $1,133 $10,351 $1,208 $9,143
2021 $1,119 $9,760 $437 $9,323
2020 $1,079 $9,384 $437 $8,947
2019 $997 $8,660 $886 $7,774
2018 $968 $8,453 $437 $8,016
2017 $969 $0 $0 $0
2016 $964 $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: 546144

South Central Kansas MLS

APN: 129-31-0-12-10-002.00B