NOT LISTED FOR SALE

1950 S Waco Ave Unit Multiple addresses- Wichita, KS 67213

South Central Neighborhood

Estimated Value: $71,688 - $103,000

-- Bed
1 Bath
5,974 Sq Ft
$15/Sq Ft Est. Value

Last Sold October 28, 2021

Current estimated payment $522/month

115 Days on Market

Highlights

  • 37,657 Sq Ft lot
  • Central Air
  • 1-Story Property
  • 10 Car Detached Garage

About This Home

As of October 2021

READ ALL REMARKS - TO BE SOLD AS A PACKAGE. Addresses - 1930, 1930 1/2, 1940, 1940 1/2, 1950, 1952, 1952 1/2, 1956 S Waco, 320 W Mt. Vernon Wichita, KS 67213, and 509 E Kinkaid Wichita, KS 67211. SEE ATTACHED DOCS FOR DETAILS. Amazing investment opportunity! 100% occupied with rent ranging from $345-$785 and lease terms from MTM to a year! 6 lots with 10 units! All units have their own electric and gas meters. Water is shared on the "1/2" units with the main house - it's split 70/30, main unit 70%, 1/2 unit 30%.

Last Agent to Sell the Property

Holly Haws

Keller Williams Signature Partners, LLC License #00235378 Listed on: 06/15/2021

Keller Williams Signature Partners, LLC

Last Buyer's Agent

Shane Pullman

Berkshire Hathaway PenFed Realty License #00241192

Berkshire Hathaway PenFed Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $698

Year Built

  • Built in 1935

Lot Details

  • 0.86 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 5,974 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 10 Car Detached Garage
  • On-Street Parking

Schools

  • Harris Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 10 Units
  • Gross Income $5,045

Listing and Financial Details

  • Tenant pays for electric, gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 08712-9320130601400

Property Details

Home Type

Apartment

Est. Annual Taxes

$698

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Estimated Age: 81+ Years
  • Total Specials: 78
  • Year Built: 1935
  • Annual Specials: 15.6
  • Estimated TFLA: 5974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Over/Range, Refrigerator
  • Basement: Yes - Unfinished
  • Number Of Stories: One

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: Street Parking, Detached Garage
  • On Site Parking Spaces: 10

Utilities

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

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 37657
  • Geo ADDRESS Line: 1950 S Waco Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 06/23/2021
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 08712-9320130601400
  • General Taxes: 3913.11
  • General Tax Year: 2020

Multi Family

  • Number Of Units: 10
  • Gross Income: 5045

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2008
Sold by
Pepper James A and Diane Pepper M
Bought by
Pepper Christopher H and Pepper Dana K
Current Estimated Value
$87,344
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
Pepper Christopher H $59,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold -- -- --
10/08/2021 10/08/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $470,000 -5.1% $79 / Sq Ft
08/02/2021 08/02/21 For Sale $495,000 0.0% $83 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $495,000 -- $83 / 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 $698 $7,993 $1,599 $6,394
2023 $698 $5,958 $1,277 $4,681
2022 $545 $5,463 $1,208 $4,255
2021 $560 $5,152 $437 $4,715
2020 $545 $5,003 $437 $4,566
2019 $513 $4,716 $886 $3,830
2018 $464 $4,301 $437 $3,864
2017 $464 $0 $0 $0
2016 $463 $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: 598083

South Central Kansas MLS

APN: 129-32-0-13-06-014.00