NOT LISTED FOR SALE

2902 E Shadybrook Ln Unit 2904 E. Shadybrook L Wichita, KS 67214

North Central Neighborhood

Estimated Value: $103,000 - $109,374

2 Beds
2 Baths
1,119 Sq Ft
$95/Sq Ft Est. Value

Last Sold April 04, 2023

Current estimated payment $659/month

5 Days on Market

About This Home

As of April 2023

Nice investment opportunity! Each unit is 1BR, 1BA with fenced backyard. The units share a water meter which is separate from the rental income. Both sides have updated flooring, paint, bathrooms and windows. Each unit has a new window AC. Heating is central gas/forced air. Roof was put on in 2019 and unit 2904 has a brand new water heater.

Last Agent to Sell the Property

Matthew Chavez

LPT Realty, LLC License #00242219 Listed on: 03/17/2023

LPT Realty, LLC

Co-Listed By

Tony Tran

JPAR-Leading Edge License #00247756

Last Buyer's Agent

Lindsey Madrigal

Berkshire Hathaway PenFed Realty License #00245506

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1948

Lot Details

  • 9,992 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,119 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Disposal

Schools

  • Mueller Elementary School
  • Marshall Middle School
  • Northeast High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas, trash
  • The owner pays for lawn maintenance, water/sewer
  • Assessor Parcel Number 00158952

Community Details

Overview

  • 2 Units
  • Shadybrook Addition Subdivision

Building Details

  • Gross Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$750

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 251.27
  • Year Built: 1948
  • Annual Specials: 268.01
  • Estimated TFLA: 1119
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

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

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: Street Parking

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Central Gas
  • Utilities: Natural Gas, Public

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Mueller
  • Middle School: Marshall
  • High School: Northeast
  • Elementary School: Mueller
  • High School: Northeast

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 9,992
  • Geo ADDRESS Line: 2902 E Shadybrook Ln
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 03/17/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 00158952
  • General Taxes: 462.74
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 2
  • Number Of 1 Bedroom Units: 2
  • Rent Per Unit 1 Bedroom: 475.00
  • Gross Income: 11400

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 4, 2023
Sold by
Smart Talicia Nicole and Smart Richard L
Bought by
Mcfadden Investments Llc
Seller's Agent
Matthew Chavez
LPT Realty, LLC
Buyer's Agent
Lindsey Madrigal
Berkshire Hathaway PenFed Realty
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Total Days on Market
5
Views
176
Current Estimated Value
$106,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,187
Avg. Annual Appreciation
17.38%
Original Mortgage
$64,000
Outstanding Balance
$39,796
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$66,391

Purchase Details

Closed on
May 30, 2022
Sold by
Smart Talicia Nicole and Smart Richard V
Bought by
Smart Talicia Nicole and Smart Richard Lee

Purchase Details

Closed on
Sep 22, 2020
Sold by
Peterman Development Group Llc
Bought by
Smart Talicia and Smart Talicia Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2000
Sold by
Real Estate Ventures Inc
Bought by
Williams Terry B and Williams Sherrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in Wichita, KS

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
Mcfadden Investments Llc -- Kansas Secured Title
Smart Talicia Nicole -- None Listed On Document
Smart Talicia -- None Available
Williams Terry B -- Columbian Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfadden Investments Llc $64,000
Previous Owner Smart Talicia $40,500
Previous Owner Williams Terry B $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold -- -- --
03/22/2023 03/22/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $80,000 -- $71 / 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 $750 $5,980 $529 $5,451
2022 $731 $4,819 $495 $4,324
2021 $464 $2,052 $495 $1,557
2020 $465 $2,052 $495 $1,557
2019 $465 $2,052 $506 $1,546
2018 $211 $2,052 $506 $1,546
2017 $211 $0 $0 $0
2016 $209 $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: 622677

South Central Kansas MLS

APN: 122-10-0-11-02-010.00