NOT LISTED FOR SALE

Estimated Value: $181,329 - $197,000

8 Beds
2 Baths
1,632 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 15, 2015

Current estimated payment $1,175/month

28 Days on Market

Highlights

  • Brick Veneer
  • Concrete Flooring
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of December 2015

EXCELLENT INVESTMENT OPPORTUNITY IN DESIRABLE RIVERSIDE NEIGHBORHOOD! TWO DUPLEXES BEING SOLD TOGETHER AT 75% OCCUPANCY! EACH UNIT HAS TWO BEDROOMS, ONE BATHROOM, PARTIALLY FINISHED BASEMENTS WITH REC ROOM, LAUNDRY ROOM, AND LARGE STORAGE ROOMS! 1830a RENTS FOR $595/MTH, 1830b RENTS FOR $550/MTH, 1834a RENTS FOR $650/MTH, AND 1834b RENTS FOR $595/MTH. TOTALLY MONTHLY INCOME OF $2390! AS A COURTESY TO THE TENANTS PLEASE PROVIDE 24HOUR NOTICE TO SHOW ON ANY/ALL OCCUPIED UNITS. ONE VACANT UNIT AVAILABLE TO SHOW ANYTIME!

Last Agent to Sell the Property

Natalie Martin

Nikkel and Associates License #00229514 Listed on: 10/07/2015

Co-Listed By

Kyle Martin

Nikkel and Associates License #SP00230934

Last Buyer's Agent

Kyle Martin

Nikkel and Associates License #SP00230934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1978

Lot Details

  • 7,088

Parking

  • 6 Parking Spaces

Home Design

  • Side-by-Side
  • Brick Veneer
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Schools

  • Woodland Elementary School
  • Marshall Middle School
  • North High School

Additional Features

  • 7,088 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units
  • Gross Income $2,390

Listing and Financial Details

  • Tenant pays for electric, gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 12308-0230600700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,685

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 36 - 50 Years
  • Total Specials: 12.96
  • Year Built: 1978
  • Annual Specials: 12.96
  • Estimated TFLA: 1632
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Over/Range, Refrigerator
  • Floors: Carpet, Concrete Slab
  • Basement: Yes - Partially Finished
  • Basement Finished Percent: Bath(s), Daylight Window(s), Family Room, Rough-In Bath, Storage
  • Basement Use: Tenant Laundry, Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Brick Veneer, Hardboard
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit
  • On Site Parking Spaces: 6

Utilities

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

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 7088
  • Geo ADDRESS Line: 1830 N Payne Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick Co.
  • Geo Subdivision: KS
  • Geo Update: 01/05/2016
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 12308-0230600700
  • General Taxes: 1334.82
  • General Tax Year: 2014

Multi Family

  • Number Of Units: 4
  • Number Of 2 Bedroom Units: 4
  • Gross Income: 2390

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
Comfort Living Properties Llc
Bought by
Laughary Family Trust
Current Estimated Value
$189,165

Purchase Details

Closed on
Oct 18, 2016
Sold by
Laughary Investments Llc
Bought by
Laughary Roger W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2013
Sold by
Laredo Noah J and Laredo Christine E
Bought by
Laredo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,106,197
Interest Rate
4.14%
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
Laughary Family Trust -- Security 1St Title Llc
Laughary Roger W -- Security 1St Title
Laredo Properties Llc -- Continental Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laughary Roger W $86,000
Previous Owner Laughary Robert $170,560
Previous Owner Laredo Properties Llc $1,106,197
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold -- -- --
11/04/2015 11/04/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $215,000 -- $132 / 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 $1,685 $17,756 $2,530 $15,226
2023 $1,685 $15,134 $2,139 $12,995
2022 $1,414 $12,938 $2,024 $10,914
2021 $1,416 $12,455 $1,622 $10,833
2020 $1,327 $11,639 $1,622 $10,017
2019 $1,329 $11,639 $1,622 $10,017
2018 $1,253 $10,983 $1,380 $9,603
2017 $1,254 $0 $0 $0
2016 $1,251 $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: 511223

South Central Kansas MLS

APN: 123-08-0-23-06-007.00