NOT LISTED FOR SALE

421 E 8th Ave Hutchinson, KS 67501

Estimated Value: $145,000 - $172,759

2 Beds
2 Baths
4,196 Sq Ft
$38/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2020

Current estimated payment $1,111 / mo

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
Current Estimated Value
$158,880
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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