NOT LISTED FOR SALE

Estimated Value: $269,000

4 Beds
4 Baths
2,762 Sq Ft
$97/Sq Ft Est. Value

Last Sold April 27, 2016

Current estimated payment $1,623/month

116 Days on Market

Highlights

  • Brick Veneer
  • Central Air
  • Garden Home

About This Home

As of April 2016

Each apartment has one bedroom, one bath, living room, and kitchen with appliances. There are two units on the upper level and two units on the lower level. All units are currently rented at $350 and have 100% occupancy. Two of the renters have been tenants for many years. There are four parking spaces. The tenants pay gas and electric. This fourplex is convenient to shopping and restaurants. The owner provides lawn maintenance, parking, trash, sewer, and water. This is a wonderful investment opportunity.

Last Agent to Sell the Property

MICHELLE SHINN

J.P. Weigand & Sons License #SP00048711 Listed on: 11/26/2015

Last Buyer's Agent

Laura Hadley

Platinum Realty LLC License #SP00234537

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1979

Lot Details

  • 6,403

Parking

  • 4 Parking Spaces

Home Design

  • Garden Home
  • Brick Veneer
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,762 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Apartment Living Space in Basement

Kitchen

  • Oven or Range
  • Disposal

Schools

  • Franklin Elementary School
  • Alcott Academy Middle School
  • West High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for lawn maintenance, parking, trash, water/sewer
  • Assessor Parcel Number 20173-124-19-0-44-07-016.00

Community Details

Overview

  • 4 Units
  • Lawrence 2Nd Addition Subdivision

Building Details

  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,030

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Combo Garden/Th
  • Estimated Age: 36 - 50 Years
  • Total Specials: 19.52
  • Year Built: 1979
  • Annual Specials: 19.52
  • Estimated TFLA: 2762
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Disposal, Over/Range, Refrigerator
  • Floors: Carpet
  • Basement: Yes - Finished
  • Basement Finished Percent: Bath(s), Bedroom(s), Family Room
  • Basement Use: Separate Apartments
  • Number Of Stories: Two

Exterior Features

  • Construction: Brick Veneer, Frame
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit
  • On Site Parking Spaces: 4

Utilities

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

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Franklin
  • Middle School: Alcott Academy
  • High School: West
  • Elementary School: Franklin
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: .15
  • Geo ADDRESS Line: 307 S Seneca St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick Co.
  • Geo Subdivision: KS
  • Geo Update: 04/28/2016
  • Geo Zoom Level: 17

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-124-19-0-44-07-016.00
  • General Taxes: 1228.92
  • General Tax Year: 2015

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Gross Income: 16800

MLS Schools

  • Middle School: Alcott Academy
  • School District: Wichita School District (USD 259)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2015
Closed on
Apr 27, 2016
Sold by
Tieu Johnson and Tieu Anna
Bought by
Lagrange Carlos E and Lagrange Debbie B
Seller's Agent
MICHELLE SHINN
J.P. Weigand & Sons
Buyer's Agent
Laura Hadley
Platinum Realty LLC
List Price
$119,900
Current Estimated Value
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$57,000
Outstanding Balance
$26,005
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$141,995
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
Lagrange Carlos E -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagrange Carlos E $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold -- -- --
03/21/2016 03/21/16 Pending -- -- --
11/26/2015 11/26/15 For Sale $119,900 -- $43 / 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
2025 $2,030 $20,793 $2,496 $18,297
2023 $2,030 $14,571 $1,691 $12,880
2022 $1,619 $14,571 $1,599 $12,972
2021 $1,536 $13,617 $955 $12,662
2020 $1,573 $13,617 $955 $12,662
2019 $1,457 $12,605 $955 $11,650
2018 $1,412 $12,237 $955 $11,282
2017 $1,413 $0 $0 $0
2016 $1,170 $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: 513078

South Central Kansas MLS

APN: 124-19-0-44-07-016.00