NOT LISTED FOR SALE

3012 W University Ave Wichita, KS 67213

Sunflower Neighborhood

Estimated Value: $168,000 - $175,714

4 Beds
2 Baths
2,040 Sq Ft
$84/Sq Ft Est. Value

Last Sold January 02, 2019

Current estimated payment $1,092/month

66 Days on Market

About This Home

As of January 2019

Excellent investment opportunity! Six duplexes conveniently packaged for sale! The six duplexes must be sold together. Located near Friends University and West of The popular Delano District. Great location easily rented on a regular basis. Six duplex's with same layout, sq footage and construction style all adjacent to one another. Each side of the duplexes have two bedrooms, one bath, an open kitchen dining room floor plan with wood laminate flooring and carpet in the living room and basement rooms. All have finished basements including a spacious family room, additional finished room/office, extra large storage room and laundry room. This whole 6 piece investment package is perfect for your 1031 exchange investor. Current owner has owned these properties for seven years and enjoyed nice returns. Only reason owner is selling is due to out of state relocation. All six duplexes have new roof and gutters in 2011. Living Room 11'9 x 15'2; Kitchen 11 x 9; Dining 11'2 x 6'8; Master bedroom 13'7 x 10'10; Main floor bedroom #2 10 x 9'5; Finished basement office 12'8 x 11'3' Finished basement family room 19 x 11'4; Unfinished mechanical and laundry 13 x 11; Unfinished storage room 15 x 11. (Rent $625 each unit)

Last Agent to Sell the Property

Alissa Unruh

Berkshire Hathaway PenFed Realty License #00219413 Listed on: 08/24/2018

Last Buyer's Agent

Alissa Unruh

Berkshire Hathaway PenFed Realty License #00219413 Listed on: 08/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 1978

Lot Details

  • 8,351

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 2 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Lawrence Elementary School
  • Hadley Middle School
  • West High School

Additional Features

  • 8,351 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 20173-137-25-0-12-02-011.00-D

Community Details

Overview

  • 2 Units
  • Powells Addition Subdivision

Building Details

  • Gross Income $90,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,578

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 36 - 50 Years
  • Total Specials: 11.76
  • Year Built: 1978
  • Annual Specials: 11.76
  • Estimated TFLA: 2040
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Over/Range, Refrigerator
  • Floors: Carpet
  • Basement: Yes - Finished
  • Basement Finished Percent: Family Room, Office, Storage
  • Basement Use: Laundry, Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit
  • On Site Parking Spaces: 2

Utilities

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

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Lawrence
  • Middle School: Hadley
  • High School: West
  • Elementary School: Lawrence
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 8351
  • Geo ADDRESS Line: 3012 W University Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 08/24/2018
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-137-25-0-12-02-011.00-D
  • General Taxes: 1403.09
  • General Tax Year: 2018

Multi Family

  • Number Of Units: 2
  • Number Of 2 Bedroom Units: 2
  • Gross Income: 90900

MLS Schools

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

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Fawson Richard G $76,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2019 01/02/19 Sold -- -- --
10/29/2018 10/29/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $120,000 -- $59 / 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 $1,578 $14,306 $2,231 $12,075
2022 $1,467 $13,398 $2,105 $11,293
2021 $1,617 $14,180 $1,702 $12,478
2020 $1,544 $13,501 $1,702 $11,799
2019 $1,501 $13,110 $1,702 $11,408
2018 $1,415 $12,363 $1,461 $10,902
2017 $1,416 $0 $0 $0
2016 $1,379 $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: 556002

South Central Kansas MLS

APN: 137-25-0-12-02-011.00D