NOT LISTED FOR SALE

502 N Broadmoor Ave Wichita, KS 67206

Northeast Wichita Neighborhood

Estimated Value: $230,000

4 Beds
2 Baths
3,028 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 30, 2022

Current estimated payment $1,477/month

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 4 Car Attached Garage
  • Fenced

About This Home

As of September 2022

LOCATION, LOCATION, LOCATION! Two bedroom, two bathroom duplex (each side) located near all the best shopping, dining, and entertainment East Wichita has to offer! Don't miss out on this great opportunity to "house hack" your way to investing in real estate! Unit 504 is move-in ready and vacant and 504 has a long term tenant in place! Each unit features minimal steps to entry. Unit 504 has a new HVAC system and water main was recently replaced. Unit 502 has a new water heater and newly remodeled bathroom! Duplexes in this area rarely come available so don't miss out on a chance to add to an existing rental portfolio or start the real estate investing journey!

Last Agent to Sell the Property

Val Peare

Berkshire Hathaway PenFed Realty License #SP00238012 Listed on: 09/09/2022

Berkshire Hathaway PenFed Realty

Last Buyer's Agent

Regan Peare

Berkshire Hathaway PenFed Realty License #00247678

Berkshire Hathaway PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,140

Year Built

  • Built in 1968

Lot Details

  • 0.45 Acre Lot
  • Fenced

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,028 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • 4 Car Attached Garage
  • Over 1 Space Per Unit

Schools

  • Price-Harris Elementary School
  • Coleman Middle School
  • Southeast High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 20173-114-18-0-44-01-031.00

Community Details

Overview

  • 2 Units
  • Woodlawn East Subdivision

Building Details

  • Gross Income $1,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,140

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Townhouse
  • Estimated Age: 51 - 80 Years
  • Total Specials: 15.8
  • Year Built: 1968
  • Annual Specials: 15.8
  • Estimated TFLA: 3028
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Over/Range, Refrigerator
  • Floors: Carpet, Wood
  • Basement: Yes - Partially Finished
  • Basement Use: Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit, Attached Garage
  • On Site Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Flood Insurance: Unknown
  • Heating: Central Gas, Forced Air
  • Utilities: Natural Gas, Public, Sewer

Association/Amenities

  • Safety Features: Fencing, Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Price-Harris
  • Middle School: Coleman
  • High School: Southeast
  • Elementary School: Price-Harris
  • High School: Southeast

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 19621
  • Geo Match Code: 3
  • Geo Quality: 1
  • Geo Update: 09/09/2022
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-114-18-0-44-01-031.00
  • General Taxes: 3065.67
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 2
  • Number Of 2 Bedroom Units: 2
  • Rent Per Unit 2 Bedroom: 1150
  • Gross Income: 1150

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Peare Dan C and Peare Mindi Chance
Bought by
Schwanke William
Current Estimated Value
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$249,410
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$83,072

Purchase Details

Listed on
Sep 9, 2022
Closed on
Sep 30, 2022
Sold by
Smith & Juhl Properties Llc
Bought by
Peare Dan C
Seller's Agent
Val Peare
Berkshire Hathaway PenFed Realty
Buyer's Agent
Regan Peare
Berkshire Hathaway PenFed Realty
List Price
$300,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$265,000
Interest Rate
5.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 3, 2006
Sold by
Struble Robert E
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schwanke William -- Kansas Secured Title
Peare Dan C -- Kansas Secured Title
Federal National Mortgage Association $178,177 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwanke William $252,000
Previous Owner Peare Dan C $265,000
Previous Owner Oelkers Jana $176,000
Previous Owner Smith & Juhl Properties Llc $165,000
Previous Owner Amaryllis Investments Llc $276,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold -- -- --
09/16/2022 09/16/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $300,000 -- $99 / 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 $3,140 $35,490 $9,879 $25,611
2024 $3,140 $28,865 $6,371 $22,494
2023 $3,140 $26,025 $6,371 $19,654
2022 $2,921 $26,025 $6,015 $20,010
2021 $3,066 $26,656 $5,336 $21,320
2020 $2,956 $25,611 $5,336 $20,275
2019 $2,453 $21,264 $5,336 $15,928
2018 $2,495 $21,575 $3,646 $17,929
2017 $2,232 $0 $0 $0
2016 $2,228 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Val Peare

    Seller's Agent in 2022

    Val Peare

    Berkshire Hathaway PenFed Realty

    (316) 619-0571

    20 in this area

    179 Total Sales

    Val Peare
    Section Image

  • R

    Buyer's Agent in 2022

    Regan Peare

    Berkshire Hathaway PenFed Realty

    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 616616

South Central Kansas MLS

APN: 114-18-0-44-01-031.00

Kansas Sedgwick County Wichita 67206 Northeast Wichita

502 N Broadmoor Ave, Wichita, KS

This home is located at 502 N Broadmoor Ave, Wichita, KS 67206 since 09 September 2022 and is currently estimated at $230,000, approximately $75 per square foot. This property was built in 1968. 502 N Broadmoor Ave is a home located in Sedgwick County with nearby schools including Price-Harris Communications Magnet Elementary School, Coleman Environmental Magnet Middle School, and Wichita Southeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Kansas MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.

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