NOT LISTED FOR SALE

Estimated Value: $171,000

4 Beds
4 Baths
2,836 Sq Ft
$60/Sq Ft Est. Value

Last Sold March 07, 2018

Current estimated payment $1,100/month

42 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Fenced
  • 1-Story Property

About This Home

As of March 2018

THIS PROPERTY IS SELLING AT A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE AT THE HOLIDAY INN (549 S. ROCK RD) ON FEBRUARY 15TH AT 5:30 P.M. DOORS OPEN AT 4:30 P.M. FOR REGISTRATION OR PRE-REGISTER ONLINE. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. This property is selling with clear title at closing and no back taxes. Property previews available. This property offers two duplexes on one lot! There are (4) 1-Bedroom, 1-Bath units. Great investments opportunity! Currently at 75% occupancy with opportunity for additional income. Currently monthly income at $1,105 to equal a annual gross income of $13,260. The exterior of the property features two parking spaces per unit with one each being covered. There is also street parking available. Each unit has a covered entry with front porch. There is also a connected storm shelter for the units accessed through the storage area in the covered carports. The interior of each unit provides a living room with a picture window, one bedroom and one full bath. The galley style kitchen includes the dishwasher, oven and refrigerator. The spacious bedroom features a walk-in closet that provides washer and dryer hookups. Great investment opportunity! Only 4018 and 4020 have gas. The other unit does not have gas at all. |No leases available and will not be provided at time of closing.| Personal property remaining in apartment 4026 will be considered abandoned property. *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 $3,500.

Last Agent to Sell the Property

Megan McCurdy Niedens

McCurdy Real Estate & Auction, LLC License #SP00225554 Listed on: 01/04/2018

Last Buyer's Agent

Holly Haws

Keller Williams Signature Partners, LLC License #00235378

Keller Williams Signature Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1974

Lot Details

  • 0.36 Acre Lot
  • Fenced

Home Design

  • Side-by-Side
  • Vinyl Siding

Interior Spaces

  • 2,836 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • 2 Parking Spaces
  • Over 1 Space Per Unit
  • On-Street Parking

Schools

  • Dodge Elementary School
  • Hadley Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electric, gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-136-23-0-11-01-012.00

Community Details

Overview

  • 4 Units
  • Invalid Subdivision Name

Building Details

  • Gross Income $13,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,012

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 36 - 50 Years
  • Total Specials: 23.52
  • Year Built: 1974
  • Annual Specials: 23.52
  • Estimated TFLA: 2836
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Over/Range, Refrigerator
  • Number Of Stories: One

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: 2 Per Unit, Covered, Street Parking
  • On Site Parking Spaces: 2

Utilities

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

Association/Amenities

  • Safety Features: Fencing

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 15522
  • Geo ADDRESS Line: 4018 W Saint Louis Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick
  • Geo Subdivision: KS
  • Geo Update: 03/16/2018
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-136-23-0-11-01-012.00
  • General Taxes: 1863.07
  • General Tax Year: 2017

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Gross Income: 13260

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 3, 2018
Sold by
Gonering Andrew and Estate Of David D Gonering
Bought by
Madson Investments Llc
Seller's Agent
Megan McCurdy Niedens
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Holly Haws
Keller Williams Signature Partners, LLC
List Price
$127,600
Current Estimated Value
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Aug 23, 1995
Sold by
Ford M Kevin and Ford Laurie M
Bought by
Gonering David
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
Madson Investments Llc $127,600 Security 1St Title
Gonering David -- Lawyers Title Insurance Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold -- -- --
02/15/2018 02/15/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $127,600 -- $45 / 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 $2,012 $20,114 $2,783 $17,331
2023 $2,012 $17,388 $1,886 $15,502
2022 $1,662 $14,950 $1,771 $13,179
2021 $1,696 $14,727 $1,771 $12,956
2020 $1,702 $14,727 $1,771 $12,956
2019 $1,656 $14,305 $1,771 $12,534
2018 $1,695 $14,652 $966 $13,686
2017 $1,887 $0 $0 $0
2016 $1,926 $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: 545948

South Central Kansas MLS

APN: 136-23-0-11-01-012.00