NOT LISTED FOR SALE

Estimated Value: $193,000

6 Beds
3 Baths
2,550 Sq Ft
$76/Sq Ft Est. Value

Last Sold March 28, 2022

Current estimated payment $1,168/month

2 Days on Market

Highlights

  • Brick Veneer
  • Central Air
  • 1-Story Property

About This Home

As of March 2022

Well maintained Investment opportunity. This Brick tri-plex has been maintained and cared for. The Roof was replaced in May 2016. Each 2 bed one bath Unit has living room, and Kitchen/Laundry combo. The three side by side units Have storm doors on the front doors, and secondary access through the kitchen of each unit. Bathrooms have tub shower combo. Water heaters were replaced in 2014 (in 1920 and 1922) and 2018 for 1924. Tenants in 1922 and 1924 are on a month to month lease paying $575.00 and $550.00. Two of the units have vinyl flooring throughout and one has carpet in the family and two bedrooms. All units painted Semi Gloss Antique white. The center driveway provides ample parking for all tenants. The lot across from the units is included in the sale. Triplex being sold AS IS including termite treatment if needed. The 1920 Unit is vacant and can be viewed. Units 1922 and 1924 can be viewed within 72 hours of an accepted offer.

Last Agent to Sell the Property

Christine Kerbs

Reece Nichols South Central Kansas License #00244293 Listed on: 02/24/2022

Reece Nichols South Central Kansas

Last Buyer's Agent

Christine Kerbs

Reece Nichols South Central Kansas License #00244293 Listed on: 02/24/2022

Reece Nichols South Central Kansas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1958

Lot Details

  • 7,018 Sq Ft Lot

Home Design

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

Interior Spaces

  • 2,550 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Oven or Range

Parking

  • 6 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Payne Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 129-31-0-23-10-005.00A

Community Details

Overview

  • 3 Units
  • South University Place Subdivision

Building Details

  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,665

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Triplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 23.7
  • Year Built: 1958
  • Annual Specials: 23.7
  • Estimated TFLA: 2550
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Carpet
  • Number Of Stories: One

Exterior Features

  • Construction: Brick Veneer
  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit
  • On Site Parking Spaces: 6

Utilities

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

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Payne
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Payne
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 7018
  • Geo ADDRESS Line: 1920 S Sedgwick St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 02/24/2022
  • Geo Zoom Level: 16

Rental Info

  • Tenant Paid Utilities: Electric, Gas

Tax Info

  • Assessor Parcel Number: 129-31-0-23-10-005.00A
  • General Taxes: 1440.32
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 3
  • Number Of 2 Bedroom Units: 3
  • Gross Income: 19800

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2010
Sold by
Pettegrew Charles David and Pettegrew Linda K
Bought by
D P Holdings Inc
Current Estimated Value
$193,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Outstanding Balance
$32,878
Interest Rate
4.76%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$173,122
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
D P Holdings Inc -- Sec 1St
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D P Holdings Inc $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold -- -- --
02/26/2022 02/26/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $195,000 +116.9% $76 / Sq Ft
05/13/2016 05/13/16 Sold -- -- --
04/19/2016 04/19/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $89,900 -- $35 / 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 $1,665 $18,722 $1,610 $17,112
2023 $1,665 $15,928 $1,277 $14,651
2022 $1,458 $13,249 $1,208 $12,041
2021 $1,430 $12,501 $449 $12,052
2020 $1,365 $11,903 $449 $11,454
2019 $1,288 $11,225 $886 $10,339
2018 $1,236 $10,788 $449 $10,339
2017 $1,133 $0 $0 $0
2016 $1,129 $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: 607761

South Central Kansas MLS

APN: 129-31-0-23-10-005.00A