NOT LISTED FOR SALE

2042 S Topeka St Wichita, KS 67211

South Central Neighborhood

Estimated Value: $87,000 - $116,421

4 Beds
2 Baths
1,440 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 02, 2014

Current estimated payment $607/month

8 Days on Market

Highlights

  • Detached Garage
  • Floor Furnace
  • 1-Story Property
  • Tile Flooring

About This Home

As of May 2014

Excellent investment property with potential for immediate positive cash flow. This is a nice duplex with 2 BR, 1 BA on each side and a shared 2 car detached garage. Vinyl siding, storm doors and windows. There is a partial basement/shelter area under each unit with washer/dryer hook-ups and storage space. Additional parking in the rear. 2 separate units and both are currently rented. Unit 2042 currently rented for $375.00 on a year lease. Unit 2044 currently rented for $350.00 on a month-to-month with long term tenant. Roof has recently been replaced. All appliances stay. Listing Agent related to the seller.

Last Agent to Sell the Property

Kevin Cash

Golden, Inc. License #SP00233459 Listed on: 03/28/2014

Last Buyer's Agent

Janet Bates

Platinum Realty LLC License #00225908

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Oven or Range
  • Unfinished Basement

Parking

  • Detached Garage
  • Over 1 Space Per Unit

Schools

  • Gardiner Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Community Details

  • 2 Units
  • Gross Income $8,700

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$781

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 12.96
  • Year Built: 1940
  • Annual Specials: 12.96
  • Estimated TFLA: 1440
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Carpet, Tile
  • Basement: Yes - Unfinished
  • Basement Use: Tenant Laundry, Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: More Than 2 Per Unit, Detached Garage

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Floor Furnace
  • Utilities: Natural Gas, Public, Sewer

Schools

  • Elementary School: Gardiner
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Gardiner
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 11200
  • Geo ADDRESS Line: 2042 S Topeka St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick Co.
  • Geo Subdivision: KS
  • Geo Update: 01/05/2015
  • Geo Zoom Level: 17

Rental Info

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

Multi Family

  • Number Of Units: 2
  • Number Of 2 Bedroom Units: 2
  • Number Of Efficiency Units: 2
  • Gross Income: 8700

Tax Info

  • General Taxes: 763.13
  • General Tax Year: 2013

MLS Schools

  • Middle School: Hamilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
May 2, 2014
Sold by
Cash Troy L and Schmidt Shellie A
Bought by
Pdl Rentals Llc
Seller's Agent
Kevin Cash
Golden, Inc.
Buyer's Agent
Janet Bates
Platinum Realty LLC
List Price
$44,900
Current Estimated Value
$101,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$32,800
Outstanding Balance
$25,091
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$76,620

Purchase Details

Closed on
Dec 1, 1998
Sold by
Cash Troy L and Schmidt Shellie A
Bought by
Cash Troy L and Schmidt Shellie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,410
Interest Rate
6.69%

Purchase Details

Closed on
Nov 30, 1998
Sold by
Scranton Ruth A and Scranton William O
Bought by
Cash Troy L and Schmidt Shellie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,410
Interest Rate
6.69%
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
Pdl Rentals Llc -- Security 1St Title
Cash Troy L -- Columbian Natl Title Ins Co
Cash Troy L -- Columbian Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pdl Rentals Llc $32,800
Previous Owner Cash Troy L $40,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold -- -- --
04/05/2014 04/05/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $44,900 -- $31 / 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 $781 $8,982 $2,105 $6,877
2023 $781 $7,636 $1,541 $6,095
2022 $664 $6,418 $1,461 $4,957
2021 $672 $6,050 $1,139 $4,911
2020 $647 $5,808 $1,139 $4,669
2019 $629 $5,647 $1,139 $4,508
2018 $667 $5,980 $1,265 $4,715
2017 $667 $0 $0 $0
2016 $665 $0 $0 $0
2015 -- $0 $0 $0
2014 $722 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kevin Cash

    Golden, Inc.

    Section Image
  • Janet Bates

    Buyer's Agent in 2014

    Janet Bates

    Platinum Realty LLC

    (316) 644-7552

    2 in this area

    103 Total Sales

    Janet Bates
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 364990

South Central Kansas MLS

APN: 128-33-0-32-02-011.00

Kansas Sedgwick County Wichita 67211 South Central

2042 S Topeka St, Wichita, KS

This home is located at 2042 S Topeka St, Wichita, KS 67211 since 28 March 2014 and is currently estimated at $101,711, approximately $70 per square foot. This property was built in 1940. 2042 S Topeka St is a home located in Sedgwick County with nearby schools including Gardiner Elementary School, Hamilton Middle School, and Wichita West High School.

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