$129,000
SOLD NOV 26, 2024
Last list price

316 W Sherman Ave Unit 316 1/2 W Sherman Av Hutchinson, KS 67501

-- Bed
-- Bath
1,288 Sq Ft
1918 Built

Recently Sold

$100 Per Sq Ft

100 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Wood Siding
  • Community Playground
  • Central Heating and Cooling System

About This Home

As of November 2024

Introducing a fantastic investment opportunity in Hutchinson, Kansas! This property located at 316 W Sherman Ave offers a primary structure with rental income from day one and the potential for additional income from the Accessory Dwelling Unit. The primary house features a spacious living area, a well-appointed kitchen, and two generously sized bedrooms with a "jack and jill" style bathroom between the two for added convenience. Additionally, there is a two-car detached garage and the separate ADU (Accessory Dwelling Unit) located on the back side of the property, providing even more potential for rental income. Conveniently located in Hutchinson, this property sits directly adjacent to the SW Bricktown Park, making it ideal for families with children to settle down and enjoy a thriving community. Don't miss out on this opportunity to kickstart your real estate investing journey or simply enjoy the benefits of rental income. With a great location, income potential, and desirable features, this property won't stay on the market for long. Take the first step today and make an investment that will pay off for years to come. Call now to schedule a viewing and secure this incredible property before it's gone!

Last Agent to Sell the Property

Logan Leuenberger

Royal Real Estate, Inc License #00243746 Listed on: 04/05/2024

Last Buyer's Agent

MEMBER NON

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 1918

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Location

  • City Lot

Schools

  • Avenue A Elementary School
  • Hutchinson Middle School
  • Hutchinson High School

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Mini Split Heat Pump

Listing and Financial Details

  • Assessor Parcel Number 1261302014005000

Community Details

Overview

  • 2 Units

Recreation

  • Community Playground

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,088

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Class: Multifamily
  • Type: 2 Family/Whole Duplex
  • Style: Bungalow/Cottage
  • Estimated Age: 81+ Years
  • Flood Insurance Required: Unknown
  • Lvt Date: 04/05/2024
  • Most Recent Yr Remodeled: 2023
  • Take Photo: Complete
  • Year Built: 1918
  • Miscellaneous: Bathroom(s)-Private, Deposit-Damages, Heat & Air-Individual, Laundry-Each Un. (Hkups), Outside Entry-Private, Storm Windows-Some, Water Heater-Individual
  • Net Sale: 121000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Finished Sq Ft: 1288
  • Price Per Sq Ft: 98.99
  • Price Per SqFt 2: 98.99
  • Basement Foundation: Basement-Partial, Crawl Space
  • Basement Storm Shelter: Yes

Exterior Features

  • Construction: Vinyl Siding, Wood Siding
  • Roofing: Composition

Garage/Parking

  • Garage/Carport Capacity: 2
  • Parking Facilities: Garage-Detached, Off Street Parking

Utilities

  • Monthly Average Utilities: 75
  • Central Air Conditioning: Yes
  • Central Heat: Yes
  • Cooling: Central Electric, Mini Split
  • Heating: Central Gas, Mini Split
  • Sewer: City Sewer
  • Solid Waste: 192
  • Water: City Water
  • Electricity: Meter-Separate, Tenant Paid
  • Natural Gas: Meter-Separate, Tenant-Paid

Association/Amenities

  • Neighborhood Amenities: Playground/Park

Schools

  • Elementary School: Avenue A
  • Middle School: Hutchinson
  • High School: Hutchinson
  • Elementary School Area: Avenue A

Lot Info

  • Lot Dimensions: 7.986 sqft
  • Lot Type: City Lot
  • Parcel Id Number: 1261302014005000
  • Geo Subdivision: KS
  • Geo Zone: Hutchinson SW

Rental Info

  • Common/Shared Amenities Included in Rent: Guttering-All
  • Total Rentable Finished Sq Ft: 1288
  • Utilities/Services Included in Rent: Lawn Service, Trash Collection, Water/Sewer

Tax Info

  • General Taxes: 895.58
  • Total Property Taxes: 1087.58
  • Tax Year: 2023

Multi Family

  • Ind Unit Appl Equip: Disposal, Oven/Range-Electric, Refrigerator, Water Heater-Gas, Window Coverings-Some, Smoke/Heat/Codetector, Range Hood/Ventilation
  • Ind Unit Features: Basement-Unfinished, Flooring-Vinyl
  • Number2 Bedrms Rent Per Month: 1 @ $850
  • Number Of Units: 2
  • Number Studios Rent Per Month: 1 @ $495

MLS Schools

  • Elementary School: Avenue A
  • HighSchool: Hutchinson
  • Middle School: Hutchinson

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold -- -- --
07/14/2024 07/14/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $129,000 -4.4% $100 / Sq Ft
04/05/2024 04/05/24 For Sale $134,900 -- $105 / Sq Ft
Source: Mid-Kansas MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Logan Leuenberger

    Seller's Agent in 2024

    Logan Leuenberger

    RE/MAX

    (620) 615-2414

    58 Total Sales

    Logan Leuenberger
    Section Image

  • M

    Buyer's Agent in 2024

    MEMBER NON

    NONMENBER

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Map

Source: Mid-Kansas MLS

MLS Number: 50188

Mid-Kansas MLS
Kansas Reno County Hutchinson 67501

316 W Sherman Ave Unit 316 1/2 W Sherman Av, Hutchinson, KS

This home is located at 316 W Sherman Ave Unit 316 1/2 W Sherman Av, Hutchinson, KS 67501 and is currently priced at $129,000, approximately $100 per square foot. This property was built in 1918. 316 W Sherman Ave Unit 316 1/2 W Sherman Av is a home located in Reno County with nearby schools including Avenue A Elementary School, Hutchinson Middle School 8, and Hutchinson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mid-Kansas MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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