NOT LISTED FOR SALE

403 W 31st St S Wichita, KS 67217

Southwest Wichita Neighborhood

Estimated Value: $166,000

4 Beds
4 Baths
2,425 Sq Ft
$68/Sq Ft Est. Value

Last Sold February 07, 2023

Current estimated payment $1,000/month

5 Days on Market

Highlights

  • Four Sided Brick Exterior Elevation
  • 1-Story Property
  • 5-minute walk to OJ Watson Park
  • Floor Furnace

About This Home

As of February 2023

This unit is selling with 3201 S Waco St. $320,000 for all 8 units. Rents average $400.00 a unit. All units currently rented. These units are full brick. So limited exterior maintenance. These 8 units sit on a large corner lot. Plenty of parking available. Owner pays water and trash.

Last Agent to Sell the Property

Corey Sandy

COSH Real Estate Services License #BR00230865 Listed on: 01/13/2023

Last Buyer's Agent

ART BUSCH

Coldwell Banker Plaza Real Estate License #00043347

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1954

Lot Details

  • 9,606 Sq Ft Lot

Home Design

  • Side-by-Side
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,425 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Parking

  • 4 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Enterprise Elementary School
  • Truesdell Middle School
  • South High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Community Details

  • 4 Units
  • Gross Income $19,200

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 087-213-08-0-12-02-001.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,154

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 33.52
  • Year Built: 1954
  • Annual Specials: 33.52
  • Estimated TFLA: 2425
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

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

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Floor Furnace
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Enterprise
  • Middle School: Truesdell
  • High School: South
  • Elementary School: Enterprise
  • High School: South

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 9606
  • Geo ADDRESS Line: 403 W 31st St S
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 01/13/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 087-213-08-0-12-02-001.00
  • General Taxes: 1019.88
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Gross Income: 19200

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
May Properties Llc
Bought by
May John M and May Terry J
Current Estimated Value
$166,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Outstanding Balance
$61,657
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$104,343

Purchase Details

Closed on
Jun 26, 2018
Sold by
May Terrill J and May Aan M
Bought by
May John M and May Meredith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
May John M -- Security 1St Title Llc
May John M -- Security 1St Title
May John M -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May John M $68,250
Closed May John M $68,250
Previous Owner May John M $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold -- -- --
01/18/2023 01/18/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $160,000 +77.8% $66 / Sq Ft
03/10/2017 03/10/17 Sold -- -- --
01/21/2017 01/21/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $90,000 -- $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
2025 $1,154 $12,098 $2,438 $9,660
2023 $1,154 $10,304 $1,610 $8,694
2022 $1,053 $9,603 $1,518 $8,085
2021 $1,109 $9,603 $1,518 $8,085
2020 $1,108 $9,603 $1,518 $8,085
2019 $1,069 $9,235 $1,518 $7,717
2018 $1,017 $8,792 $1,311 $7,481
2017 $994 $0 $0 $0
2016 $989 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corey Sandy

    Seller's Agent in 2023

    Corey Sandy

    COSH Real Estate Services

    (316) 670-2769

    8 in this area

    102 Total Sales

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  • ART BUSCH

    Buyer's Agent in 2023

    ART BUSCH

    Coldwell Banker Plaza Real Estate

    (316) 990-7039

    2 in this area

    97 Total Sales

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  • Carolyn Stephenson

    Seller's Agent in 2017

    Carolyn Stephenson

    Berkshire Hathaway PenFed Realty

    (316) 789-0497

    2 in this area

    72 Total Sales

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  • Crista McKay

    Seller Co-Listing Agent in 2017

    Crista McKay

    Berkshire Hathaway PenFed Realty

    (316) 993-3048

    52 Total Sales

    Section Image

  • P

    Buyer's Agent in 2017

    Pauline Jernigan

    Golden, Inc.

    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 620572

South Central Kansas MLS

APN: 213-08-0-12-02-001.00B

Kansas Sedgwick County Wichita 67217 Southwest Wichita

403 W 31st St S, Wichita, KS

This home is located at 403 W 31st St S, Wichita, KS 67217 since 13 January 2023 and is currently estimated at $166,000, approximately $68 per square foot. This property was built in 1954. 403 W 31st St S is a home located in Sedgwick County with nearby schools including Enders STEM & Leadership Magnet, Truesdell Middle School, and Wichita High School South.

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