$69,900
SOLD FEB 14, 2025
Last list price
3 Beds
1 Bath
1,016 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • 1-Story Property
  • No HOA
  • Patio
  • Forced Air Heating System

About This Home

As of February 2025

Offered for sale a 3-bedroom, 1-bathroom home with a 1-car garage home, located at 1902 S Silver in Wichita, Kansas. This property is an excellent investment opportunity with a long-term tenant who has been in place for 18 years, currently paying $640 in rent monthly. The tenant has a proven track record of paying rent on time and is happy to stay, making this a ready-made income-producing property for a savvy buyer. The home is being sold "As Is, Where Is," offering the potential for some repairs or updates to improve the property’s value over time. However, the current tenant is content and appreciates the home as it stands, making it an easy transition for new ownership. Whether you're a seasoned investor or just starting your real estate portfolio, this property offers stability, rental income, and the potential for growth. Don't miss out on this opportunity—schedule a showing today!

Last Agent to Sell the Property

Daniel Wampler

Berkshire Hathaway PenFed Realty License #00231076 Listed on: 01/28/2025

Last Buyer's Agent

Nela Bayouth

Reece Nichols South Central Kansas License #00231481

Reece Nichols South Central Kansas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Gardner Elementary School
  • East High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Rosenthal Subdivision

Listing and Financial Details

  • Total Actual Rent $640
  • Assessor Parcel Number 129320240500200

Home Details

Home Type

Single Family

Est. Annual Taxes

$736

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Property Sub-Type: Single Family Onsite Built
  • Reso Fencing: Chain Link
  • ResoLaundryFeatures: Main Floor
  • ResoLotFeatures: Standard
  • Lot Size Acres: 0.17
  • Road Frontage Type: Paved Road
  • Co List Office Phone: 316-636-2323
  • Ownership: Corporate non-REO
  • MLS Status: Sold-Co-Op w/mbr
  • Subdivision Name: ROSENTHAL
  • Above Grade Finished Sq Ft: 1016
  • Architectural Style: Bungalow
  • Tax Year: 2024
  • DiningArea: Living/Dining Combo
  • FloodInsurance: Unknown
  • KitchenFeatures: Electric Hookup
  • HOAInitiationFee: 0
  • TransactionType: For Sale
  • ShortSaleYN: No
  • SCK_RoomFlooring: Carpet
  • SCK_RoomFlooring: Wood
  • SCK_RoomFlooring: Vinyl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • PricePerSquareFoot: 53.64

Exterior Features

  • Roof: Composition, Other
  • Exterior Features: Block
  • Foundation Details: None
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Utilities: Sewer Available, Natural Gas Available, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gardner
  • High School: East
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Hamilton

Lot Info

  • Parcel Number: 129320240500200
  • Acreage: City Lot

Multi Family

  • Total Actual Rent: 640

Tax Info

  • Tax Annual Amount: 736.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Feb 13, 2025
Sold by
Apex Property Investments Llc
Bought by
Your House Ict Llc
Seller's Agent
Daniel Wampler
Berkshire Hathaway PenFed Realty
Buyer's Agent
Nela Bayouth
Reece Nichols South Central Kansas
List Price
$69,900
Views
32
Current Estimated Value
$69,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.57%
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 Type Sale Price Title Company
Warranty Deed -- Security 1St Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold -- -- --
02/04/2025 02/04/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $69,900 -- $69 / 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 $741 $8,499 $1,633 $6,866
2024 $741 $7,797 $1,288 $6,509
2023 $741 $7,326 $1,288 $6,038
2022 $689 $6,715 $1,219 $5,496
2021 $616 $5,636 $449 $5,187
2020 $600 $5,475 $449 $5,026
2019 $565 $5,164 $897 $4,267
2018 $505 $4,647 $449 $4,198
2017 $466 $0 $0 $0
2016 $464 $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: 650077

South Central Kansas MLS

APN: 129-32-0-24-05-002.00