NOT LISTED FOR SALE

Estimated Value: $264,000 - $303,170

6 Beds
4 Baths
3,252 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 14, 2014

Current estimated payment $1,882/month

3 Days on Market

Highlights

  • 6 Car Attached Garage
  • Tile Flooring
  • Fenced
  • Brick Veneer
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2014

2 4 bedroom units that rent for $1,000 a piece with 1 yr minimum leases. 2203 is vacant for viewing & 2201 can be viewed as 2nd showing. Both sides are mirrors of each other. 4 beds per side, 2 baths per side, fully appliance kitchens, formal dining rooms, formal living rooms, finished basements with 2 bedrooms + rec room & laundry. Both sides have privacy fenced yards, close to McConnell AFB, 2203 is updated & rent ready, & these units will make great cash flow! Newer ch/a, hot water tank, updated kitchens & baths, & more! TURN KEY INVESTMENT PROPERTY! Grosses $26,400 a year!

Last Agent to Sell the Property

Eric Locke

Real Broker, LLC License #SP00220141 Listed on: 07/29/2014

Last Buyer's Agent

Eric Locke

Real Broker, LLC License #SP00220141 Listed on: 07/29/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1974

Lot Details

  • 9,908 Sq Ft Lot
  • Fenced

Home Design

  • Side-by-Side
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 3,252 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Finished Basement
  • Laundry in Basement
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • 6 Car Attached Garage
  • Over 1 Space Per Unit

Schools

  • Beech Elementary School
  • Curtis Middle School
  • Southeast High School

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units
  • Cherry Creek Hill Subdivision

Additional Features

  • Gross Income $26,400
  • Building Fire Escape

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,553

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 36 - 50 Years
  • Total Specials: 12.96
  • Year Built: 1974
  • Annual Specials: 12.96
  • Estimated TFLA: 3252
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Over/Range, Refrigerator
  • Floors: Carpet, Tile
  • Basement: Yes - Finished
  • Basement Finished Percent: Bath(s), Bedroom(s), Family Room, Storage, View Out
  • Basement Use: Laundry, Owner Storage, Tenant Laundry, Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Brick Veneer
  • Roof: Composition

Garage/Parking

  • Parking: More Than 2 Per Unit, Attached Garage
  • On Site Parking Spaces: 6

Utilities

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

Association/Amenities

  • Safety Features: Fencing, Fire Escape, Smoke/Heat Detector

Schools

  • Elementary School: Beech
  • Middle School: Curtis
  • High School: Southeast
  • Elementary School: Beech
  • High School: Southeast

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 9908
  • Geo ADDRESS Line: 2201 S Lori Ln
  • 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, Lawn Maintenance, Trash, Water/Sewer

Multi Family

  • Number Of Units: 2
  • Number Of 3 Bedroom Units: 2
  • Rent Per Unit 3 Bedroom: 1100
  • Gross Income: 26400

Tax Info

  • General Taxes: 2429.68
  • General Tax Year: 2013

MLS Schools

  • Middle School: Curtis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2020
Sold by
Schmidt3 Llc
Bought by
Vaiov Jason
Total Days on Market
3
Current Estimated Value
$283,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$324,704
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$42,557
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 Buyer Sale Price Title Company
Vaiov Jason -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaiov Jason $360,000
Previous Owner Kittle Justin M $147,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold -- -- --
08/01/2014 08/01/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $189,900 -- $58 / 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 $3,553 $32,476 $2,737 $29,739
2022 $3,068 $27,302 $2,588 $24,714
2021 $3,048 $26,508 $1,610 $24,898
2020 $2,913 $25,243 $1,610 $23,633
2019 $2,805 $24,277 $1,610 $22,667
2018 $2,650 $22,897 $2,289 $20,608
2017 $2,596 $0 $0 $0
2016 $2,359 $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: 371165

South Central Kansas MLS

APN: 119-32-0-33-01-001.00