$159,900
SOLD AUG 30, 2024
Last list price
-- Bed
-- Bath
1,632 Sq Ft
6,621 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

123 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • Four Sided Brick Exterior Elevation

About This Home

As of August 2024

Welcome to your next investment opportunity Wichita, KS This duplex offers two identical units, each featuring 2 bedrooms, 1 bathroom, and renting for $700.00 per month, providing a steady stream of rental income. Ideal for investors seeking a turnkey property, this duplex boasts a prime location with easy access to Harry, Pawnee, and Broadway. Tenants will appreciate the convenience of nearby shopping, dining, and entertainment options. Each unit offers comfortable living spaces with spacious bedrooms, a full bathroom, a cozy living room, and a functional kitchen equipped with modern appliances. The duplex also features central heat/air and parking space in the back of the property. With a proven rental history and strong demand for housing in the area, this duplex presents a lucrative investment opportunity for savvy investors. Don't miss out on the chance to add this income-generating property to your real estate portfolio.

Last Listed By

Daniel Wampler

Berkshire Hathaway PenFed Realty License #00231076 Listed on: 03/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1970

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,632 Sq Ft Home
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Harry Street Elementary School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, water/sewer
  • The owner pays for lawn maintenance, trash collection
  • Assessor Parcel Number 087-129-32-0-42-03-004.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fair Grounds Subdivision

Building Details

  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,008

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub-Type: Twin/Duplex
  • Co List Office Phone: 316-636-2323
  • Ownership: Individual
  • MLS Status: Sold-Co-Op w/mbr
  • Subdivision Name: FAIR GROUNDS
  • Architectural Style: Side by Side
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Washer, Dryer
  • Basement: None
  • Flooring: Carpet

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Full

Garage/Parking

  • Parking Features: 1 per Unit
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas, Forced Air
  • Utilities: Public, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Harry Street
  • High School: West
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Hamilton

Lot Info

  • Parcel Number: 087-129-32-0-42-03-004.00

Rental Info

  • Owner Pays: Lawn Maintenance, Trash Collection

Multi Family

  • Gross Income: 16800
  • Number Of Units Total: 2
  • Tenant Pays: Electricity, Gas, Water/Sewer

Tax Info

  • Tax Annual Amount: 1008.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jul 31, 2024
Sold by
Allen Joseph R and Hackney Ashlee
Bought by
Okwo Properties Llc
Seller's Agent
Daniel Wampler
Berkshire Hathaway PenFed Realty
List Price
$159,900
Total Days on Market
123
Views
149
Current Estimated Value
$161,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$123,353
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$37,645

Purchase Details

Listed on
Jan 1, 2017
Closed on
Apr 27, 2017
Sold by
Sanchez Sergio Perez
Bought by
Allen Joseph R
Seller's Agent
Juan Montoya
Platinum Realty LLC
Buyer's Agent
Sissy Koury
Berkshire Hathaway PenFed Realty
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed -- Security 1St Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 New Conventional
Previous Owner $56,000 Future Advance Clause Open End Mortgage
Previous Owner $52,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold -- -- --
07/02/2024 07/02/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $159,900 +88.3% $98 / Sq Ft
04/28/2017 04/28/17 Sold -- -- --
03/30/2017 03/30/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $84,900 -- $52 / 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 $1,026 $9,592 $1,691 $7,901
2022 $1,029 $9,592 $1,599 $7,993
2021 $1,010 $8,959 $955 $8,004
2020 $979 $8,660 $955 $7,705
2019 $805 $7,154 $955 $6,199
2018 $942 $8,326 $966 $7,360
2017 $1,088 $0 $0 $0
2016 $1,053 $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: 635973

South Central Kansas MLS

APN: 129-32-0-42-03-004.00