NOT LISTED FOR SALE

Estimated Value: $208,000

6 Beds
4 Baths
2,676 Sq Ft
$78/Sq Ft Est. Value

Last Sold May 31, 2023

Current estimated payment $1,306/month

130 Days on Market

Highlights

  • Wood Flooring
  • Brick Veneer
  • Central Air

About This Home

As of May 2023

Calling all investors. This Sleep Hollow Cottage is a successful Airbnb. Located close to a major hospital this location would also serve traveling nurses. This converted house/triplex can be set up as a 3 bedroom one bath, two bedroom 1 bath, and 1 bed 1 bath. Or, you could have two larger units. The main floor unit is complete and ready to earn income. Currently rented at $125.00 per night as "Sleepy Hollow Cottage" on Airbnb. Smart HVAC controls and smart door lock installed for easy property management. The upper floor units have had ceilings scraped and drywall installed. There is new plumbing and sub floor in one of the upper bathrooms. Units all have individual outside access. The property has new gutters. New windows on the upper floor. Roof was replaced 2018. Exterior siding work and paint has been recently completed. New Interior paint and flooring in main level unit bedrooms. Currently there are 2 gas meters and 1 water meter, 2 electrical boxes with a space for a 3rd. Upstairs of home has been completely re-wired by Eck Electric. Laundry hook ups for each unit are in the basement. Previous owner had support beams installed in the basement. This home is being sold AS IS. Home being sold furnished with a full price offer. This property in a prime location is ready for a new investor to finish it and begin earning income. Please make sure all doors are locked and lights are turned off after showings. All information deemed reliable but not guaranteed. Buyer needs to have inspections/contractor appointments to their satisfaction prior to making an offer. All offers must state, "As Is Where is and Inspections after accepted offer to have inspections for buyers information only."

Last Agent to Sell the Property

Christine Kerbs

Reece Nichols South Central Kansas License #00244293 Listed on: 01/06/2023

Reece Nichols South Central Kansas

Last Buyer's Agent

Steve Myers

LPT Realty, LLC License #SP00237554

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,426

Year Built

  • Built in 1927

Lot Details

  • 7,014 Sq Ft Lot

Home Design

  • Triplex
  • Converted Dwelling
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,676 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Paved Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Prospect Hill Subdivision

Listing and Financial Details

  • The owner pays for electric, gas, trash, water/sewer
  • Assessor Parcel Number 126-14-0-34-03-013.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,426

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Triplex
  • Style: Converted House
  • Estimated Age: 81+ Years
  • Total Specials: 25.14
  • Year Built: 1927
  • Annual Specials: 25.14
  • Estimated TFLA: 2676
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Refrigerator
  • Floors: Wood
  • Basement: Yes - Unfinished
  • Basement Use: Laundry, Owner Storage
  • Number Of Stories: Two

Exterior Features

  • Construction: Brick Veneer
  • Roof: Composition

Garage/Parking

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

Utilities

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

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: 7014
  • Geo ADDRESS Line: 3724 Edgemont St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 01/06/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 126-14-0-34-03-013.00
  • General Taxes: 1267.09
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 3
  • Number Of 1 Bedroom Units: 1
  • Number Of 2 Bedroom Units: 1
  • Number Of 3 Bedroom Units: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Mar 31, 2021
Sold by
Rump Gary
Bought by
Rotola 2 Llc
Seller's Agent
Megan McCurdy Niedens
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Megan McCurdy Niedens
McCurdy Real Estate & Auction, LLC
List Price
$100,100
Sold Price
$100,100
Total Days on Market
130
Current Estimated Value
$208,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,900
Avg. Annual Appreciation
21.31%
Original Mortgage
$170,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Bakken Philip Q and Bakken Lynn
Bought by
Rump Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2000
Sold by
Terra Gash Investments
Bought by
Bakken Philip G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
8.5%
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Rotola 2 Llc -- Security 1St Title
Rotola 2 Llc -- Security 1St Title
Rump Gary -- None Available
Bakken Philip G -- Orourke Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William & Wendy Investment Mid $200,000
Closed Rotola 2 Llc $170,000
Previous Owner Rump Gary $80,000
Previous Owner Bakken Philip G $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold -- -- --
05/16/2023 05/16/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $235,000 -6.0% $88 / Sq Ft
03/04/2023 03/04/23 For Sale $250,000 0.0% $93 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $250,000 -2.0% $93 / Sq Ft
01/06/2023 01/06/23 For Sale $255,000 +154.7% $95 / Sq Ft
03/31/2021 03/31/21 Sold -- -- --
11/05/2020 11/05/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $100,100 -- $37 / 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 $2,426 $11,546 $2,139 $9,407
2022 $1,262 $11,547 $2,013 $9,534
2021 $1,467 $12,823 $1,610 $11,213
2020 $1,361 $11,868 $1,610 $10,258
2019 $1,310 $11,408 $1,610 $9,798
2018 $1,309 $11,409 $1,369 $10,040
2017 $1,047 $0 $0 $0
2016 $1,043 $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: 620375

South Central Kansas MLS

APN: 126-14-0-34-03-013.00