NOT LISTED FOR SALE

Estimated Value: $317,000

4 Beds
4 Baths
5,536 Sq Ft
$57/Sq Ft Est. Value

Last Sold March 17, 2016

Current estimated payment $2,019/month

33 Days on Market

Highlights

  • 4 Car Detached Garage
  • Central Air
  • Heating Available
  • Brick Veneer

About This Home

As of March 2016

ONSITE REAL ESTATE AUCTION ON SATURDAY, FEBRUARY 20TH AT 2:30 P.M. Great investment opportunity. Fully tenant occupied all brick Quadplex in College Hill area! Total income of $1970 per month includes unit #1 at $415, Unit #2 at $525, Unit #3 at $515 and Unit #4 at 515. The exterior has a large covered front porch and a second story porch/balcony with railing. 4-Car detached garage for each tenant. Enter into the double front doors with screen doors. There are 2-Units on the main level and 2-Units upstairs. The majority of the space features hardwood flooring. Each unit has 1-Bedroom, Units #1 & 2 have a dishwasher in the kitchen and all units have a range and refrigerator. Take advantage of this investment opportunity and call to schedule a private showing.*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 $5,000.

Last Agent to Sell the Property

Lonny R McCurdy

McCurdy Real Estate & Auction, LLC License #00017413 Listed on: 01/18/2016

Last Buyer's Agent

Kate Mix

Berkshire Hathaway PenFed Realty License #SP00055034

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1925

Lot Details

  • 10,318 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 5,536 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • College Hill Elementary School
  • Robinson Middle School
  • East High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash, water/sewer
  • Assessor Parcel Number 20173-126-23-0-32-04-007.00-B

Community Details

Overview

  • 4 Units
  • Samuels Addition Subdivision

Building Details

  • Gross Income $1,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,964

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Townhouse
  • Estimated Age: 81+ Years
  • Total Specials: 19.52
  • Year Built: 1925
  • Annual Specials: 19.52
  • Estimated TFLA: 5536
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

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

Exterior Features

  • Construction: Brick Veneer
  • Roof: Composition

Garage/Parking

  • Parking: Detached Garage
  • On Site Parking Spaces: 4

Utilities

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

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: College Hill
  • Middle School: Robinson
  • High School: East
  • Elementary School: College Hill
  • High School: East

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 10318
  • Geo Quality: 0.1
  • Geo Update: 01/03/2017
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-126-23-0-32-04-007.00-B
  • General Taxes: 2564.37
  • General Tax Year: 2015

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Rent Per Unit 1 Bedroom: 415,515,515,525
  • Gross Income: 1970

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Mar 16, 2016
Sold by
Larson Derry A and Larson Kay D
Bought by
Rhodes Brian and Rhodes Janet
Seller's Agent
Lonny R McCurdy
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Kate Mix
Berkshire Hathaway PenFed Realty
List Price
$211,200
Current Estimated Value
$317,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$250,000
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 22, 2000
Sold by
Robert M Euwer Revocable Living Trust
Bought by
Larson Derry A
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
Rhodes Brian -- Security 1St Title
Larson Derry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rhodes Brian $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold -- -- --
02/20/2016 02/20/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $211,200 -- $38 / 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 $3,964 $40,688 $5,601 $35,087
2023 $3,964 $35,984 $3,611 $32,373
2022 $3,283 $29,027 $3,416 $25,611
2021 $3,223 $27,876 $2,369 $25,507
2020 $3,126 $26,933 $2,369 $24,564
2019 $3,174 $27,301 $2,369 $24,932
2018 $2,914 $25,049 $1,633 $23,416
2017 $2,916 $0 $0 $0
2016 $2,311 $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: 515014

South Central Kansas MLS

APN: 126-23-0-32-04-007.00B