NOT LISTED FOR SALE

503 W Cave Springs Ave Unit 615 S Taylor El Dorado, KS 67042

Estimated Value: $91,000 - $107,000

2 Beds
1 Bath
1,779 Sq Ft
$57/Sq Ft Est. Value

Last Sold June 07, 2021

Current estimated payment $529/month

4 Days on Market

About This Home

As of June 2021

Excellent investment opportunity! Two, 1 bed, 1 bath units on one lot! Please call for details!

Last Agent to Sell the Property

Jeremy Sundgren

Sundgren Realty License #00053945 Listed on: 05/03/2021

Last Buyer's Agent

William Jackson Jr.

SunGroup License #00240921

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15

Year Built

  • Built in 1915

Lot Details

  • 7,864

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,779 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Schools

  • Skelly Elementary School
  • El Dorado Middle School
  • El Dorado High School

Additional Features

  • 7,864 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • Assessor Parcel Number 00821-10203040002.000

Community Details

Overview

  • 2 Units
  • Original El Dorado Township Subdivision

Building Details

  • Gross Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Estimated Age: 81+ Years
  • Year Built: 1915
  • Estimated TFLA: 1779
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • On Site Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Skelly
  • High School: El Dorado

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 7864
  • Geo ADDRESS Line: 503 W Cave Springs Ave
  • Geo PRIMARY City: El Dorado
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 05/03/2021
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 00821-10203040002.000
  • General Taxes: 1296.24
  • General Tax Year: 2020

Multi Family

  • Number Of Units: 2
  • Number Of 1 Bedroom Units: 2
  • Gross Income: 10800

MLS Schools

  • Middle School: El Dorado
  • School District: El Dorado School District (USD 490)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 7, 2021
Sold by
Studebaker Joseph M and Studebaker Debra S
Bought by
Covert Contracting Llc
Seller's Agent
Jeremy Sundgren
Sundgren Realty
Buyer's Agent
William Jackson Jr.
SunGroup
List Price
$65,000
Current Estimated Value
$100,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$77,540
Outstanding Balance
$70,203
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$30,643
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
Covert Contracting Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covert Contracting Llc $77,540
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold -- -- --
05/07/2021 05/07/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $65,000 -- $37 / 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 $15 $11,525 $909 $10,616
2024 $15 $9,812 $734 $9,078
2023 $1,741 $10,879 $596 $10,283
2022 $1,732 $9,049 $596 $8,453
2021 $1,256 $8,342 $596 $7,746
2020 $1,296 $7,488 $596 $6,892
2019 $1,292 $7,488 $596 $6,892
2018 $1,238 $7,160 $596 $6,564
2017 $1,143 $6,597 $545 $6,052
2014 -- $39,550 $4,740 $34,810
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Sundgren

    Seller's Agent in 2021

    Jeremy Sundgren

    Sundgren Realty

    (316) 321-7112

    90 in this area

    542 Total Sales

    Jeremy Sundgren
    Section Image
  • William Jackson Jr.

    Buyer's Agent in 2021

    William Jackson Jr.

    SunGroup

    (316) 322-3879

    21 in this area

    39 Total Sales

    William Jackson Jr.
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 595538

South Central Kansas MLS

APN: 211-02-0-30-40-002-00-0

Kansas Butler County El Dorado 67042

503 W Cave Springs Ave Unit 615 S Taylor, El Dorado, KS

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