NOT LISTED FOR SALE

Estimated Value: $313,000 - $408,000

6 Beds
6 Baths
53,169 Sq Ft
$7/Sq Ft Est. Value

Last Sold June 02, 2014

Current estimated payment $2,276/month

28 Days on Market

Highlights

  • 8 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Family Room
  • Eat-In Kitchen
  • Private Entrance
  • Wood Siding

About This Home

As of June 2014

Four 2-story duplexes with large, private yards, 2-car garages & an experienced property manager make this an ideal turnkey investment opportunity! Rentals could be hot properties in Gardner as the BNSF train/trucking/warehousing and logistics park ramp-up in the coming years. 1000s of jobs--most w/ $9-$12/hour wages coming. Buy now while prices & int. rates are still reasonable and rents are trending upward! Gross income based on current 1-year & month-to-month lease rates. Photos are of similar units.

Last Agent to Sell the Property

Lawrence Fotovich

Suburbian Realty License #BR00216556 Listed on: 03/03/2014

Last Buyer's Agent

Jayan Abraham

Platinum Realty LLC License #SP00229471

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,990

Year Built

  • Built in 1997

Lot Details

  • Private Entrance

Parking

  • 8 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 53,169 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Family Room
  • Carpet
  • Fire and Smoke Detector
  • Eat-In Kitchen

Schools

  • Gardner Elementary School
  • Gardner Edgerton High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number CP74200000 0002

Community Details

Overview

  • 8 Units
  • Quail Run Subdivision

Building Details

  • Gross Income $84,545

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,990

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 16-20 Years
  • Legal Description: Quail Run Lots 2, 5, 12 and 13, a subdivision in Johnson County (408, 420, 419 and 415 N. Spruce St.)
  • Restrictions: Subdivision
  • Package: Yes
  • Year Built: 1997
  • Senior Community: No
  • Dining Area Features: Eat-In Kitchen
  • Down Payment Deprecated: No
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: Yes
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Larry Fotovich
  • List Office Mls Id: BURB
  • List Office Name: Suburbian, Inc.
  • List Office Phone: 913-397-2333
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 12527
  • Other Room Features: Family Room, Private Bath
  • Special Documents Required: No
  • Tax Total Amount: 10990
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: All Window Cover, Apply To All Units, Private Entry
  • Basement: No
  • Flooring: Carpeted Floors
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Wood Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas, Forced Air Gas
  • Sewer: City/Public
  • Telecommunications: Cable - Available, High Speed Internet - Available
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public, Private Meter

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Gardner Edgerton
  • Elementary School: Gardner
  • Middle School: Wheatridge
  • High School: Gardner Edgerton
  • Middle/Junior School: Wheatridge

Lot Info

  • In Floodplain: Unknown
  • Zoning: Resid
  • Building Area Total: 53169.00
  • Parcel Number: CP74200000 0002
  • Subdivision Name: Quail Run

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 8

Multi Family

  • Gross Income: 84545
  • Current Occupancy Rate: 80-90%
  • Operating Expenses Include: Advertising, Legal, Maintenance, Property Mgmt

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 10990.00

MLS Schools

  • Elementary School: Gardner
  • School District: Gardner Edgerton
  • High School: Gardner Edgerton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
Jun 2, 2014
Sold by
Bjt & Associates Llc
Bought by
Abraham Jayan and Jayan Dolly
Seller's Agent
Lawrence Fotovich
Suburbian Realty
Buyer's Agent
Jayan Abraham
Platinum Realty LLC
List Price
$860,000
Current Estimated Value
$356,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.14%
Original Mortgage
$154,500
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2007
Sold by
Herron Tyler and Herron Vickie
Bought by
Bjt Associates Llc

Purchase Details

Closed on
Aug 4, 2004
Sold by
Midyett Larry H and Midyett Sue A
Bought by
Herron Tyler and Herron Vickie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Abraham Jayan -- Continental Title
Bjt Associates Llc -- None Available
Herron Tyler -- Kansas Secured Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Jayan $136,500
Closed Abraham Jayan $154,500
Previous Owner Herron Tyler $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2014 06/02/14 Sold -- -- --
03/31/2014 03/31/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $860,000 -- $16 / Sq Ft
Source: Heartland 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
2024 $4,175 $34,213 $7,642 $26,571
2023 $4,095 $32,580 $6,645 $25,935
2022 $4,248 $33,350 $5,534 $27,816
2021 $4,342 $32,672 $5,028 $27,644
2020 $4,193 $30,820 $4,570 $26,250
2019 $4,055 $30,245 $3,976 $26,269
2018 $3,927 $28,693 $3,976 $24,717
2017 $3,450 $25,461 $3,459 $22,002
2016 $3,349 $24,541 $3,459 $21,082
2015 $3,181 $23,690 $3,459 $20,231
2013 -- $19,331 $3,459 $15,872
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 1870228

Heartland MLS

APN: CP74200000-0002