NOT LISTED FOR SALE

Estimated Value: $265,000

6 Beds
4 Baths
3,455 Sq Ft
$77/Sq Ft Est. Value

Last Sold June 21, 2021

Current estimated payment $1,721/month

41 Days on Market

Highlights

  • 2 Car Attached Garage
  • Central Air
  • 1-Story Property
  • Brick Veneer

About This Home

As of June 2021

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MAY 20. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Excellent opportunity to own a well-kept duplex in southeast Wichita! This is a one-owner property that has been meticulously maintained. Enjoy the mature Bradford pear trees, wonderful landscaping, and great location across from Cypress elementary school! 1830 S. Laurel St: Three bedroom, two bathroom ranch. Includes a nice-sized living room/dining room combination with vaulted ceilings sliding door leading to the backyard. The kitchen offers ample cabinetry and includes the refrigerator, dishwasher, stove/oven, and microwave. There is a primary bedroom with an attached bathroom and built-in desk, as well as a second bedroom on the main level. Downstairs is a nice family room with a fireplace, a third bedroom with an attached bathroom, and a large storage room with washer/dryer hookups. The tenant pays 800 per month and for all utilities. This unit has fresh paint throughout. 1832 S. Laurel St: Three bedroom, two bathroom ranch. Includes a nice-sized living room/dining room combination with vaulted ceilings sliding door leading to the backyard. The kitchen offers ample cabinetry and includes the refrigerator, dishwasher, stove/oven, and microwave. There is a primary bedroom with an attached bathroom, as well as a second bedroom on the main level. Downstairs is a nice family room with a fireplace, a third bedroom with an attached bathroom, and a large storage room with washer/dryer hookups. The tenant pays 750 per month and for all utilities. Each property has a fully fenced backyard with a 6ft cedar fence and gates and a concrete patio. There have been annual termite inspections, bi-annual HVAC cleaning and inspections, new vinyl windows on the main level, and gutter guards installed! Both units have long-term tenants. *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. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium (1500 minimum) added to the final bid. 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 5000.

Last Agent to Sell the Property

Lonny R McCurdy

McCurdy Real Estate & Auction, LLC License #00017413 Listed on: 04/09/2021

Last Buyer's Agent

Nicole Kennedy

Real Broker LLC License #00231722

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1985

Lot Details

  • 9,324 Sq Ft Lot

Home Design

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

Interior Spaces

  • 3,455 Sq Ft Home
  • 1-Story Property
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Schools

  • Beech Elementary School
  • Curtis Middle School
  • Southeast High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-119-32-0-14-02-006.00

Community Details

Overview

  • 2 Units
  • Cedar Ridge 1St Subdivision

Building Details

  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,872

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 36 - 50 Years
  • Total Specials: 15.6
  • Year Built: 1985
  • Annual Specials: 15.6
  • Estimated TFLA: 3455
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Over/Range, Refrigerator
  • Floors: Carpet
  • Basement: Yes - Finished
  • Basement Finished Percent: Bath(s), Bedroom(s), Family Room
  • Basement Use: Tenant Laundry, Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Brick Veneer, Frame
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Street Parking, Attached Garage
  • On Site Parking Spaces: 2

Utilities

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

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Beech
  • Middle School: Curtis
  • High School: Southeast
  • Elementary School: Beech
  • High School: Southeast

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 9324
  • Geo ADDRESS Line: 1832 S Laurel St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 04/23/2021
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-119-32-0-14-02-006.00
  • General Taxes: 2292.65
  • General Tax Year: 2020

Multi Family

  • Number Of Units: 2
  • Number Of 3 Bedroom Units: 2
  • Number Of Efficiency Units: 2
  • Rent Per Unit 3 Bedroom: 750-800
  • Gross Income: 18600

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 21, 2021
Sold by
Harris Robin L and Suzanne M Harris Revocable Tru
Bought by
Sharp Holdings Llc
Seller's Agent
Lonny R McCurdy
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Nicole Kennedy
Real Broker LLC
List Price
$236,500
Sold Price
$236,500
Total Days on Market
41
Current Estimated Value
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,500
Avg. Annual Appreciation
4.98%
Original Mortgage
$180,800
Outstanding Balance
$165,816
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$121,184
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
Sharp Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Holdings Llc $180,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold -- -- --
05/20/2021 05/20/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $236,500 -- $68 / 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 $2,872 $24,289 $2,703 $21,586
2022 $2,421 $21,689 $2,553 $19,136
2021 $2,415 $21,057 $1,576 $19,481
2020 $2,308 $20,057 $1,576 $18,481
2019 $2,222 $19,286 $1,576 $17,710
2018 $2,098 $18,189 $2,174 $16,015
2017 $2,099 $0 $0 $0
2016 $2,096 $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: 595081

South Central Kansas MLS

APN: 119-32-0-14-02-006.00