$99,900
SOLD SEP 1, 2015
Last list price

221 E Main St Sterling, KS 67579

-- Bed
-- Bath
2,912 Sq Ft
0.41 Acres

Recently Sold

$34 Per Sq Ft

104 Days on Market

Highlights

  • Corner Lot
  • Central Heating
  • 3-minute walk to Sterling Library Park
  • Sterling Grade School Rated A-
  • Community Storage Space

About This Home

As of October 2020

This investment property located in the small college town of Sterling boasts 4 spacious units with all the architectural charm you'd expect in a 1922 build but all the important updates a smart investor is looking for. Each of the 4 units has a spacious bedroom, a living room, a formal dining area, a separate kitchen, and a private bath. The current owner brought this one up to date as an investment property and it is priced to sell! Property is under the Rice County Neighborhood Revitalization Program & tax rebates will transfer with ownership. (6 years of rebates remaining)

Last Agent to Sell the Property

TOSHA SMITH

Re/Max Elite Real Estate Group License #SP00233050 Listed on: 03/24/2015

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

  • $2,083

Year Built

  • Built in 1922

Home Design

  • Composition Roof
  • Stucco

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Basement Cellar

Parking

  • On-Street Parking
  • Off-Site Parking

Schools

  • Sterling Elementary And Middle School
  • Sterling High School

Additional Features

  • 2-Story Property
  • Corner Lot
  • Central Heating

Community Details

  • 4 Units
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 080-185-21-0-40-04-001-00-0-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,083

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Multifamily
  • Type: 4 Family
  • Style: 2-Story +
  • Estimated Age: 81+ Years
  • Most Recent Yr Remodeled: 2010
  • Take Photo: Complete
  • Year Built: 1922
  • Miscellaneous: Bathroom(s)-Private, Heat & Air-Individual, Outside Entry-Common, Restrictions-Pets, Water Heater-Individual
  • Net Sale: 95000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Finished Sq Ft: 2912
  • Price Per Sq Ft: 32.62
  • Price Per SqFt 2: 32.62
  • Basement Foundation: Basement-Partial, Cellar, Entrance-Exterior
  • Basement Storm Shelter: Yes

Exterior Features

  • Construction: Stucco
  • Roofing: Composition

Garage/Parking

  • Parking Facilities: Off Site Parking, Street Parking

Utilities

  • Monthly Average Utilities: 60
  • Central Heat: Yes
  • Heating: 2+ Systems, Central Electric
  • Sewer: City Sewer
  • Water: City Water
  • Electricity: Meter-Separate, Tenant Paid
  • Natural Gas: Meter-Separate, Tenant-Paid

Association/Amenities

  • Neighborhood Amenities: Storage Facilities

Schools

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

Lot Info

  • Lot Dimensions: irregular 44 x 88 x 152 x 67
  • Lot Type: Corner Lot
  • Parcel Id Number: 080-185-21-0-40-04-001-00-0-00
  • Geo Subdivision: KS
  • Geo Zone: Sterling

Rental Info

  • Common/Shared Amenities Included in Rent: Storage Shed, Storm Shelter
  • Total Rentable Finished Sq Ft: 2912
  • Utilities/Services Included in Rent: Lawn Service, Trash Collection, Water/Sewer

Tax Info

  • General Taxes: 2082.8
  • Total Property Taxes: 2082.8

Multi Family

  • Ind Unit Appl Equip: Oven/Range-Electric, Oven/Range-Gas, Refrigerator, Water Heater-Electric
  • Ind Unit Features: Unfurnished, Deck, Flooring-Carpet, Flooring-Ceramic Tile, Flooring-Wood, Formal Dining Room, Window Cov.-Some (See Rm)
  • Number1 Bedrms Rent Per Month: 2@350, 2@375
  • Number Of Units: 4

MLS Schools

  • Elementary School: Sterling
  • HighSchool: Sterling
  • Middle School: Sterling

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
$66,339

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 Type Sale Price Title Company
Warranty Deed $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: 29682

Mid-Kansas MLS

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