NOT LISTED FOR SALE

221 E Main St Sterling, KS 67579

Estimated Value: $66,949

4 Beds
4 Baths
2,912 Sq Ft
$23/Sq Ft Est. Value

Last Sold October 09, 2020

Current estimated payment $446/month

52 Days on Market

Highlights

  • Central Heating
  • Sterling Grade School Rated A-
  • 3-minute walk to Sterling Library Park

About This Home

As of October 2020

Two story four plex with a ton of charm! This property is located in a small college town of Sterling, KS with a population of approximately 2600 people. Sterling College and Jacam Chemicals, LLC are two major employers in town. This property has four units each with 1 bedroom and 1 bathroom. Currently the property is 100% occupied with a total gross rent of $1400 per month. Electric and Gas are metered separately and are paid by the tenants. All the major updates have been done for you with a new HVAC system, four new hot water heaters, new sewer line, new plumbing and newer roof. Property listed under county value for a quick sale. Don't let this investment get away !

Last Agent to Sell the Property

Bernadette Hiebert

LANGE REAL ESTATE License #SP00240443 Listed on: 08/03/2020

Last Buyer's Agent

Debby Oller

Cornerstone Premier Real Estate, LLC License #SP00235803

Cornerstone Premier Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1922

Lot Details

  • 0.41

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Basement Cellar

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 080-185-21-0-40-001-00-0-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Multifamily
  • Type: 4 Family
  • Style: 2-Story +
  • Estimated Age: 81+ Years
  • Lvt Date: 08/06/2020
  • Take Photo: Complete
  • Year Built: 1922
  • Miscellaneous: Bathroom(s)-Private, Deposit-Damages, Deposit-Pets, Storm Windows-All, Water Heater-Individual
  • Net Sale: 47500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Finished Sq Ft: 2912
  • Price Per Sq Ft: 16.31
  • Price Per SqFt 2: 16.31
  • Basement Foundation: Basement-Partial, Cellar, Entrance-Exterior
  • Basement Storm Shelter: Yes

Exterior Features

  • Construction: Stucco
  • Roofing: Composition

Garage/Parking

  • Parking Facilities: Street Parking

Utilities

  • Cooling: Window Unit
  • Heating: Central Electric
  • Sewer: City Sewer
  • Solid Waste: 100
  • Water: City Water
  • Electricity: Meter-Separate, Tenant Paid
  • Natural Gas: Meter-Separate, Tenant-Paid

Schools

  • Elementary School: Sterling
  • Middle School: Sterling
  • High School: Sterling
  • Elementary School Area: Sterling

Lot Info

  • Lot Dimensions: 88' x 152', 44' x 152', 44' x 67'
  • Lot Type: Standard Lot
  • Parcel Id Number: 080-185-21-0-40-001-00-0-00
  • Geo Subdivision: KS
  • Geo Zone: Sterling

Rental Info

  • Total Rentable Finished Sq Ft: 2912
  • Utilities/Services Included in Rent: Lawn Service, Trash Collection, Water/Sewer

Tax Info

  • General Taxes: 1400.48
  • Total Property Taxes: 1500.48

Multi Family

  • Ind Unit Appl Equip: Disposal, Oven/Range-Electric, Oven/Range-Gas, Refrigerator, Water Heater-Electric
  • Ind Unit Features: Unfurnished, Deck, Flooring-Carpet, Flooring-Wood, Flooring-Other (See Rem.), Formal Dining Room, Formal Living Room, Kitchen/Dining Combo, Window Coverings-All, Fireplace
  • Number1 Bedrms Rent Per Month: 350
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 9, 2020
Bought by
Dl Smith Property Management Llc
Seller's Agent
Bernadette Hiebert
LANGE REAL ESTATE
Buyer's Agent
Debby Oller
Cornerstone Premier Real Estate, LLC
List Price
$55,000
Current Estimated Value
$66,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
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
Dl Smith Property Management Llc $47,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold -- -- --
09/24/2020 09/24/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $53,000 -3.6% $18 / Sq Ft
08/31/2020 08/31/20 For Sale $55,000 0.0% $19 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $55,000 -44.9% $19 / Sq Ft
09/01/2015 09/01/15 Sold -- -- --
07/06/2015 07/06/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $99,900 -- $34 / Sq Ft
Source: Mid-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
2024 $928 $5,952 $170 $5,782
2023 $828 $5,779 $1,447 $4,332
2022 $828 $5,504 $1,447 $4,057
2021 $1,500 $5,472 $1,019 $4,453
2020 $1,500 $8,309 $1,019 $7,290
2019 $1,500 $8,175 $1,019 $7,156
2018 -- $8,175 $1,019 $7,156
2015 -- $10,998 $1,019 $9,979
2014 -- $10,997 $921 $10,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid-Kansas MLS

MLS Number: 42583

Mid-Kansas MLS

APN: 185-21-0-40-04-001.00-0