NOT LISTED FOR SALE

Estimated Value: $176,657 - $221,000

4 Beds
2 Baths
1,534 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 10, 2022

Current estimated payment $1,226/month

70 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Four Sided Brick Exterior Elevation
  • Fenced

About This Home

As of January 2022

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON DECEMBER 9TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Great investment opportunity located in the highly desirable neighborhood of North Riverside. This duplex offers covered front porches for each unit, wood back decks, and 2-car detached garage! There is also a carport and off-street parking available. Each unit is rented for $475 per month on a month-to-month basis. That gives you a monthly income of $950 and an annual income of $11,400! Each unit features a nice-sized carpeted living room that opens up to the dining room/kitchen combination. The galley-style kitchen offers wood laminate floorings, ample cabinetry, and a refrigerator, stove, and range hood transfer. There is an eat-in space towards the back of the kitchen and a sliding door that leads you to the backyard. 2 bedrooms, a full bathroom with a tub/shower combination, and a separate laundry room complete the units This property is being offered high bidder's choice with 1921 N. Garland & 1935 N. Garland!!! The property is currently occupied by a tenant. There is no written lease available for the property. The property will transfer subject to existing City Code violations. It will the buyer’s responsibility to comply with all requirements associated with curing the City Code violations. Please see Supporting Documents for full Notice of Violation report. *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 ($1,500.00 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 $5,000.

Last Listed By

Isaac Klingman

McCurdy Real Estate & Auction, LLC License #00244279 Listed on: 09/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1948

Lot Details

  • 7,669 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Side-by-Side
  • Composition Roof
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,534 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Disposal

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $11,400

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 20173-123-07-0-14-02-014.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,355

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 15.6
  • Year Built: 1948
  • Annual Specials: 15.6
  • Estimated TFLA: 1534
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

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

Exterior Features

  • Construction: All Brick, Vinyl
  • Roof: Composition

Garage/Parking

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

Utilities

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

Association/Amenities

  • Safety Features: Fencing

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: 7669
  • Geo ADDRESS Line: 1927 N Garland St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 11/15/2021
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-123-07-0-14-02-014.00
  • General Taxes: 1174.23
  • General Tax Year: 2020

Multi Family

  • Number Of Units: 2
  • Number Of 2 Bedroom Units: 2
  • Rent Per Unit 2 Bedroom: 425
  • Gross Income: 11400

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2022
Sold by
Fabiola Banuelos Dolores
Bought by
Fabiolas Rentals Llc
Total Days on Market
70
Current Estimated Value
$198,829

Purchase Details

Listed on
Sep 30, 2021
Closed on
Jan 10, 2022
Sold by
Leo Rasmussen
Bought by
Banuelos Andres
Seller's Agent
Isaac Klingman
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Isaac Klingman
McCurdy Real Estate & Auction, LLC
List Price
$173,250
Sold Price
$173,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$129,938
Interest Rate
3.05%
Mortgage Type
New Conventional

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
Fabiolas Rentals Llc -- None Listed On Document
Banuelos Andres -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banuelos Andres $129,938
Previous Owner Rasmussen Leo $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold -- -- --
12/09/2021 12/09/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $173,250 -- $113 / 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 $1,355 $13,260 $2,185 $11,075
2022 $1,241 $11,432 $2,059 $9,373
2021 $1,247 $10,994 $1,656 $9,338
2020 $1,190 $10,465 $1,656 $8,809
2019 $1,134 $9,971 $1,656 $8,315
2018 $1,079 $9,500 $1,668 $7,832
2017 $1,061 $0 $0 $0
2016 $1,016 $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: 604695

South Central Kansas MLS

APN: 123-07-0-14-02-014.00