NOT LISTED FOR SALE

Estimated Value: $170,000

4 Beds
4 Baths
2,108 Sq Ft
$81/Sq Ft Est. Value

Last Sold January 10, 2022

Current estimated payment $966/month

27 Days on Market

Highlights

  • 4 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Four Sided Brick Exterior Elevation

About This Home

As of January 2022

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON DECEMBER 9TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Great investment property located in southeast Wichita near several amenities! This quadplex is rented for $450 (3 units) and $500 (1 unit) a month, giving you a monthly income of $1,850! The exterior is all brick with 2 of the units having a covered front porch. There is a detached 2 car garage and an additional lot with a 4 car garage that the landlord rents out some space on occasion to tenants. The refrigerator and stove transfers in each unit.  Each unit features a cozy living room, large bedroom, full bathroom with tub/shower combo, and an eat-in kitchen.  This property is being offered high bidder's choice with 2602 E. Wilma, 2610 E. Wilma, 2635 E. Grail, and 1401 S. George Washington The property is currently occupied by a tenant. There is no written lease available for the property. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $7,500.

Last Agent to Sell the Property

Megan McCurdy Niedens

McCurdy Real Estate & Auction, LLC License #SP00225554 Listed on: 11/12/2021

Last Buyer's Agent

Megan McCurdy Niedens

McCurdy Real Estate & Auction, LLC License #SP00225554 Listed on: 11/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 1942

Lot Details

  • 8,550 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Unfinished Basement

Schools

  • Linwood Elementary School
  • Mead Middle School
  • East High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Floor Furnace

Community Details

  • 4 Units
  • Gross Income $22,200

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-128-27-0-44-04-010.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$755

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 81+ Years
  • Total Specials: 31.2
  • Year Built: 1942
  • Annual Specials: 31.2
  • Estimated TFLA: 2108
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

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

Exterior Features

  • Construction: All Brick, Frame
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Detached Garage
  • On Site Parking Spaces: 4

Utilities

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

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Linwood
  • Middle School: Mead
  • High School: East
  • Elementary School: Linwood
  • High School: East

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 8550
  • Geo ADDRESS Line: 2618 E Wilma St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 11/18/2021
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-128-27-0-44-04-010.00
  • General Taxes: 839.97
  • General Tax Year: 2020

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Rent Per Unit 1 Bedroom: $450 & $500
  • Gross Income: 22200

MLS Schools

  • Middle School: Mead
  • School District: Wichita School District (USD 259)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2009
Sold by
Esau Nathan E and Huang Tswelying
Bought by
Hart George W
Total Days on Market
27
Current Estimated Value
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
5.03%
Mortgage Type
FHA
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
Hart George W -- 1St Am
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kansas Elms Llc $2,630,000
Closed Hart George W $63,822
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold -- -- --
12/09/2021 12/09/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $126,500 -- $60 / 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 $755 $6,741 $1,990 $4,751
2022 $718 $6,741 $1,875 $4,866
2021 $811 $7,108 $1,875 $5,233
2020 $790 $6,901 $2,105 $4,796
2019 $841 $7,326 $1,737 $5,589
2018 $836 $7,326 $1,737 $5,589
2017 $753 $0 $0 $0
2016 $748 $0 $0 $0
2015 $813 $0 $0 $0
2014 $802 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 604815

South Central Kansas MLS

APN: 128-27-0-44-04-010.00