NOT LISTED FOR SALE

446 N Piatt Ave Unit 440 N. Piatt Ave Wichita, KS 67214

Uptown Wichita Neighborhood

Estimated Value: $194,000

8 Beds
4 Baths
4,480 Sq Ft
$43/Sq Ft Est. Value

Last Sold December 07, 2020

Current estimated payment $1,137/month

36 Days on Market

Highlights

  • 13,687 Sq Ft lot
  • Four Sided Brick Exterior Elevation
  • 1-Story Property
  • Wood Flooring

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!!! (2) fourplexes selling regardless of price to the highest bidder! These properties are being offered separate and together with 436, 432, 429, and 428 N. Piatt. 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 Close proximity to Central & I-35 440: (Monthly income of $1,120 with an annual income of $13,440) Unit #1 - Vacant Unit #2 is rented by a 1+ year tenant for $375 per month with a 6-month lease. $250 deposit. Unit #3 is rented by a 6+ year tenant for $350 per month with a 6-month lease. $250 deposit. Unit #4 is rented by a 1+ year tenant for $395 per month with a 1-year lease. $250 deposit. 446: (Monthly income of $1,185 with an annual income of $14,220) Unit #1 - Vacant Unit #2 is rented by a 5-month tenant for $395 per month with a 6-month lease. $300 deposit. Unit #3 is rented by a 4-month tenant for $395 per month with a 1-year lease. $250 deposit. Unit #4 is rented by a 3+ year tenant for $395 per month with a 6-month lease. $250 deposit. *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 $7,500.00

Last Agent to Sell the Property

Ty Patton

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

Last Buyer's Agent

Ty Patton

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1930

Lot Details

  • 0.31 Acre Lot

Home Design

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

Interior Spaces

  • 4,480 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Oven or Range
  • Unfinished Basement

Parking

  • 8 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-125-22-0-21-04-004.00

Community Details

Overview

  • 8 Units
  • Butler & Fishers Outlots Subdivision

Building Details

  • Gross Income $27,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,301

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 81+ Years
  • Total Specials: 62.4
  • Year Built: 1930
  • Annual Specials: 62.4
  • Estimated TFLA: 4480
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

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

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Paved, Street Parking
  • On Site Parking Spaces: 8

Utilities

  • Cooling: Window Unit
  • 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: 13687
  • Geo ADDRESS Line: 446 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: 20173-125-22-0-21-04-004.00
  • General Taxes: 2426.43
  • General Tax Year: 2019

Multi Family

  • Number Of Units: 8
  • Number Of 1 Bedroom Units: 8
  • Rent Per Unit 1 Bedroom: 350-395
  • Gross Income: 27660

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Michael Morgan Investments Llc
Bought by
Allison Cameron Llc
Current Estimated Value
$194,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$246,900
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$52,900

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 7, 2020
Sold by
Jeff And Vonda Weixelman Llc
Bought by
Michael Morgan Investments Llc
Seller's Agent
Ty Patton
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Ty Patton
McCurdy Real Estate & Auction, LLC
List Price
$148,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
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
Allison Cameron Llc -- Security 1St Title
Michael Morgan Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison Cameron Llc $250,000
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 $148,500 -- $33 / 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 $1,301 $13,593 $1,587 $12,006
2023 $1,301 $11,730 $1,265 $10,465
2022 $1,085 $9,936 $1,196 $8,740
2021 $1,108 $11,454 $874 $10,580
2020 $1,317 $11,420 $874 $10,546
2019 $1,244 $10,776 $874 $9,902
2018 $1,273 $11,052 $863 $10,189
2017 $1,274 $0 $0 $0
2016 $1,026 $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: 588227

South Central Kansas MLS

APN: 125-22-0-21-04-004.00