NOT LISTED FOR SALE

21 W 7th St Fort Scott, KS 66701

-- Bed
-- Bath
-- Sq Ft
1963 Built

Last Sold April 30, 2021

2 Days on Market

Highlights

  • No HOA
  • Home Security System
  • Utility Room
  • Patio
  • Central Heating and Cooling System
  • Paved or Partially Paved Lot

About This Home

As of April 2021

21 W 7th is a 12 unit apartment complex located in Fort Scott, Ks. The 3 story property has a brick exterior with updated vinyl accents. All 12 units are 1 bedroom 1 bathroom units with an approximate size of 500 sq. ft(buyer to confirm). Four units include a balcony on the front of the building. Most units have updated tile counter tops in the kitchens, carpet (in bedrooms and main area) and vinyl flooring in kitchen and bathrooms. Every unit includes a refrigerator and range/oven, all windows have updated vinyl blinds. Units have either electric p-tac units or central heat and air. Shared washer and dryer in basement for all tenants. Each unit is individually metered for electric. The property has a secured common entry. Other security features include interior and exterior cameras, security lights on front and back of the building, and fire alarm monitoring system. Off street parking is provided at the back of the building. Currently 10 of the 12 units are leased on month to month contracts. Historic occupancy has been above 90%. Units are rented for an average of $500/month with the owner paying all utilities. Property is in good condition but has room for additional value added improvements. Property valued at estimated 10%+ cap rate.

Last Agent to Sell the Property

Chris Davenport

Pro X Realty License #00244591 Listed on: 03/22/2021

Last Buyer's Agent

Julia Hanzlick

ReeceNichols -Johnson County W License #00244035

ReeceNichols -Johnson County W

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1963

Home Design

  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Utility Room
  • Gas Oven or Range
  • Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Additional Features

  • Patio
  • Paved or Partially Paved Lot

Listing and Financial Details

  • Assessor Parcel Number 119-30-0-30-50-005.00-0

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • On-Site Maintenance

Additional Features

  • Gross Income $72,000
  • Building Fire Alarm

Property Details

Home Type

Apartment

Year Built

Built in 1963

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 51-75 Years
  • Legal Description: F15-FORT SCOTT, LOT 9 & 11 BLK 192.
  • Package: No
  • Year Built: 1963
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Chris Davenport
  • Listing Service: Full Service
  • List Office Mls Id: PROX
  • List Office Name: Pro X Realty
  • List Office Phone: 620-249-5767
  • Maintenance Description: Lawn
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 40000
  • Special Documents Required: No
  • Unit Type: 1 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Common Entry
  • Appliances: Refrigerator, Rng/Oven- Gas
  • Basement: Yes
  • Laundry Features: Utility Room
  • Stories: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: All Brick
  • Patio And Porch Features: Patio
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, On Street

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric, Central Gas
  • Sewer: City/Public
  • Utilities: Multi-Unit Heat/Air
  • Cooling: Yes
  • Electric: Separate Meters
  • Security Features: Fire Alarm, Security System, Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Lot Info

  • In Floodplain: No
  • Zoning: Res
  • Parcel Number: 119-30-0-30-50-005.00-0

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 12

Multi Family

  • Gross Income: 72000
  • Current Occupancy Rate: 80-90%
  • Operating Expenses Include: All Utilities, Real Estate Tax

Tax Info

  • Tax Abatement: No

MLS Schools

  • School District: Fort Scott
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold -- -- --
03/24/2021 03/24/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $300,000 -- --
Source: Heartland MLS

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 -- $35,899 $932 $34,967
2024 $63 $33,896 $932 $32,964
2023 $5,861 $31,097 $886 $30,211
2022 $5,273 $28,087 $886 $27,201
2021 $3,677 $18,709 $897 $17,812
2020 $3,737 $18,881 $897 $17,984
2019 $3,783 $18,941 $828 $18,113
2018 $3,587 $17,834 $621 $17,213
2017 $3,479 $17,383 $690 $16,693
2016 -- $18,234 $621 $17,613
2015 -- $18,330 $621 $17,709
2014 -- $17,954 $621 $17,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2310900

Heartland MLS
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