NOT LISTED FOR SALE

421 E 8th Ave Hutchinson, KS 67501

2 Beds
2 Baths
4,196 Sq Ft
39,204 Sq Ft Lot

Last Sold September 25, 2020

38 Days on Market

Highlights

  • 3 Car Detached Garage
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of September 2020

Calling all investors ! If you've been wanting to add to your portfolio than look no further. This property has 5 units, with two separate duplexes and one bungalow. Property is currently fully rented with gross rent of $2040 per month. There are two detached garages that come with the property, one is a double car garage and the other is a single car garage. Garages have been used by the owner for storage but could generate more income by renting them out for storage. Tenants pay all utilities except water/trash. Don't let this property get away !

Last Agent to Sell the Property

Bernadette Hiebert

LANGE REAL ESTATE License #SP00240443 Listed on: 07/10/2020

Co-Listed By

Kelly Anne Lanham

Re/Max Elite Real Estate Group License #SP00231690

Last Buyer's Agent

Marsha McConnell

PLAZA/ASTLE REALTY License #BR00053740

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1927

Lot Details

  • 0.9

Home Design

  • Built-Up Roof
  • Wood Siding
  • Concrete Siding

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • On-Street Parking

Schools

  • Faris Elementary School
  • Hutchinson Middle School
  • Hutchinson High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Floor Furnace

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 1211204020002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,856

Year Built

Built in 1927

Lot Details

0.9 Acres

Listing Details

  • Class: Multifamily
  • Type: 5 Family Or More
  • Estimated Age: 81+ Years
  • Lvt Date: 07/10/2020
  • Take Photo: Complete
  • Year Built: 1927
  • Miscellaneous: Bathroom(s)-Private, Deposit-Damages, Laundry-Each Un. (Hkups), Storm Windows-All, Water Heater-Individual
  • Net Sale: 130000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Finished Sq Ft: 2864
  • Total Below Grade Finished Sq Ft: 1332
  • Price Per Sq Ft: 30.98
  • Price Per SqFt 2: 45.39
  • Basement Foundation: Basement-Partial, Crawl Space
  • Basement Storm Shelter: Yes

Exterior Features

  • Construction: Concrete Siding, Wood Siding
  • Roofing: Asphalt/Built-Up

Garage/Parking

  • Garage/Carport Capacity: 3
  • Parking Facilities: Garage-Detached, Street Parking

Utilities

  • Monthly Average Utilities: 125
  • Cooling: Central Electric, Window Unit
  • Heating: Central Gas, Floor Furnace
  • Sewer: City Sewer
  • Solid Waste: 288
  • Water: City Water
  • Electricity: Tenant Paid
  • Natural Gas: Meter-Separate, Tenant-Paid

Schools

  • Elementary School Area: Faris

Lot Info

  • Lot Dimensions: .3 Acres
  • Lot Type: Standard Lot
  • Parcel Id Number: 1211204020002000
  • Geo Zone: Hutchinson SE

Rental Info

  • Common/Shared Amenities Included in Rent: Storage Shed
  • Total Rentable Finished Sq Ft: 4196
  • Utilities/Services Included in Rent: Lawn Service

Tax Info

  • General Taxes: 1568.42
  • Total Property Taxes: 1856.42
  • Tax Year: 2019

Multi Family

  • Ind Unit Appl Equip: Dishwasher, Disposal, Oven/Range-Gas, Refrigerator, Water Heater-Gas, Ceiling Fan(s), Smoke/Heat/Co Detector
  • Ind Unit Features: Flooring-Carpet, Flooring-Laminate, Flooring-Vinyl
  • Number1 Bedrms Rent Per Month: 5
  • Number Of Units: 5

MLS Schools

  • Elementary School: Faris
  • HighSchool: Hutchinson
  • Middle School: Hutchinson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2000
Bought by
Dechant Steven A & Mary C Rev Trust
Source: Public Records
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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
Dechant Steven A & Mary C Rev Trust $95,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold -- -- --
08/17/2020 08/17/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $159,000 -- $38 / Sq Ft
Source: Mid-Kansas MLS

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 $3,154 $17,204 $164 $17,040
2024 $3,202 $17,112 $164 $16,948
2023 $2,910 $16,413 $150 $16,263
2022 $2,568 $14,272 $150 $14,122
2021 $2,594 $13,766 $150 $13,616
2020 $2,004 $9,667 $150 $9,517
2019 $1,856 $9,265 $150 $9,115
2018 $1,816 $9,100 $150 $8,950
2017 $1,957 $9,012 $150 $8,862
2016 $1,894 $8,821 $150 $8,671
2015 $1,811 $8,648 $161 $8,487
2014 $1,760 $8,648 $161 $8,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid-Kansas MLS

MLS Number: 42416

Mid-Kansas MLS

APN: 121-12-0-40-20-002.00

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