NOT LISTED FOR SALE

Estimated Value: $161,000

4 Beds
4 Baths
6,903 Sq Ft
$23/Sq Ft Est. Value

Last Sold December 07, 2020

Current estimated payment $943/month

36 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 1-Story Property

About This Home

As of December 2020

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON NOVEMBER 5TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. Property is selling with clear title at closing and no back taxes. Property previews available. NO MINIMUM, NO RESERVE!!! Fouplex selling regardless of price to the highest bidder! These properties are being offered separate and together with 446, 440, 436, 432, and 428 N. Piatt Ave. Covered entries Front porches 1 bedroom, 1 bathroom per unit Hardwood flooring Decorative Fireplaces Arched doorways New doors & windows New roofs in 2012 Steel Piering System done in 2012 Separate electric meters Shared gas meters Close proximity to Central & I-35 Total monthly income of $400 Total annual income of $4,800 Unit #1 - this unit is rented by a 9-year tenant for $400 a month. Month to month. $200 deposit. Unit #2 - Vacant Unit #3 - Vacant Unit #4 - Vacant *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 $7,500.

Last Agent to Sell the Property

Ty Patton

McCurdy Real Estate & Auction, LLC License #SP00238875 Listed on: 09/30/2020

Last Buyer's Agent

Lindsey Jarvis

Bricktown ICT Realty License #SP00239850

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,079

Year Built

  • Built in 1945

Lot Details

  • 6,903 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 6,903 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Oven or Range
  • Unfinished Basement

Schools

  • Washington Elementary School
  • Robinson Middle School
  • East High School

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-125-22-0-22-01-019.00

Community Details

Overview

  • 4 Units
  • Butler & Fishers 2Nd Subdivision

Building Details

  • Gross Income $4,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,079

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 81+ Years
  • Total Specials: 31.2
  • Year Built: 1945
  • Annual Specials: 31.2
  • Estimated TFLA: 6903
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Wood
  • Basement: Yes - Unfinished
  • Basement Use: Owner Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit
  • On Site Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Flood Insurance: Unknown
  • Heating: Wall Furnace/Baseboard
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Washington
  • Middle School: Robinson
  • High School: East
  • Elementary School: Washington
  • High School: East

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 6903
  • Geo ADDRESS Line: 429 N Piatt Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 10/20/2020
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-125-22-0-22-01-019.00
  • General Taxes: 986.75
  • General Tax Year: 2019

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Rent Per Unit 1 Bedroom: $400
  • Gross Income: 4800

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 7, 2020
Sold by
Jeff And Vonda Weixelman Llc
Bought by
Jaks Holdings Llc
Seller's Agent
Ty Patton
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Lindsey Jarvis
Bricktown ICT Realty
List Price
$58,300
Current Estimated Value
$161,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.30%
Original Mortgage
$103,725
Outstanding Balance
$92,511
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$68,489

Purchase Details

Closed on
Sep 19, 2005
Sold by
Bernon Moises
Bought by
Hwes Lung Hsu
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
Jaks Holdings Llc -- None Available
Hwes Lung Hsu -- Lts Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaks Holdings Llc $103,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold -- -- --
11/05/2020 11/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $58,300 -- $8 / 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 $1,079 $11,524 $1,599 $9,925
2023 $1,079 $9,638 $1,277 $8,361
2022 $825 $7,671 $1,208 $6,463
2021 $1,043 $9,373 $886 $8,487
2020 $1,078 $9,373 $886 $8,487
2019 $1,018 $8,843 $886 $7,957
2018 $1,014 $8,842 $874 $7,968
2017 $1,110 $0 $0 $0
2016 $278 $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: 588243

South Central Kansas MLS

APN: 125-22-0-22-01-019.00