NOT LISTED FOR SALE

5040 S Jade Ave Wichita, KS 67216

Oaklawn Neighborhood

Estimated Value: $89,903 - $112,000

2 Beds
1 Bath
864 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 25, 2023

Current estimated payment $565/month

1 Day on Market

About This Home

As of August 2023

Investor special in Oakview! Perfect opportunity to get your hands on a potential rental property just minutes away from McConnell AFB. This is a 2 bed, 1 bath, 864, sq.ft. single family bungalow sitting on 0.16 acres in a quiet and established South Wichita neighborhood. Note that the home requires serious commitment in interior and exterior renovations. The seller has been made aware of potential flea concerns upon acquisition. Seller has done a few flea treatments already but the problem isn't fully remediated and may require further treatment before remodeling work commences. Nevertheless, the home is listed at a sweet bargain price that can easily convert into profit for the experienced and committed investor who can make this renovation happen! The home is just 2 blocks away from Idlewild Park and a quick drive to Oaklawn Elementary– a perfect pitch for potential tenants once the home is ready for occupancy. This home is a challenge with high stakes but with equally-high potential returns! ***Agents, please include in any offer in paragraph 32 “Seller is a licensed real estate agent in the State of Kansas”***

Last Agent to Sell the Property

Josh Roy

Keller Williams Hometown Partners License #00053413 Listed on: 08/10/2023

Keller Williams Hometown Partners

Last Buyer's Agent

Josh Roy

Keller Williams Hometown Partners License #00053413 Listed on: 08/10/2023

Keller Williams Hometown Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $331

Year Built

  • Built in 1952

Lot Details

  • 6,853

Home Design

  • 864 Sq Ft Home
  • Ranch Style House
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Oaklawn Elementary School
  • Jardine Middle School
  • South High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Additional Features

  • Laundry on main level
  • 6,853 Sq Ft Lot

Community Details

  • Oaklawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00292-125

Home Details

Home Type

Single Family

Est. Annual Taxes

$331

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Single Family Onsite Blt
  • Architecture: Ranch
  • Estimated Age: 51 - 80 Years
  • Total Specials: 8.38
  • Year Built: 1952
  • Annual Specials: 8.38
  • Estimated AGLA: 864
  • Estimated TFLA: 864
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Master Bedroom: Dimensions: 11x12, On Level: Main, Flooring: Wood
  • Master Bedroom Features: Master Bdrm On Main Level
  • AG Bedrooms: 2
  • Total Bathrooms: 1
  • AG Full Bathrooms: 1
  • Total Full Baths: 1
  • Dining Area: Eating Space In Kitchen
  • Kitchen: Dimensions: 11x13, On Level: Main, Flooring: Wood
  • Living Room: Dimensions: 12x16, On Level: Main, Flooring: Wood
  • Room 4: Bedroom, Dimensions: 10x11, On Level: Main, Flooring: Wood
  • Room 5: Bedroom, On Level: Main, Flooring: Carpet
  • Levels: One Story

Exterior Features

  • Roof: Composition

Utilities

  • Cooling: Window/Wall Unit
  • Flood Insurance: Unknown
  • Heating: Baseboard/Wall
  • Laundry: Main Floor
  • Utilities: Natural Gas, Public Water

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Oaklawn
  • Middle School: Jardine
  • High School: South
  • Elementary School: Oaklawn
  • High School: South

Lot Info

  • Acreage: City Lot
  • Includes Lot Y/N: Yes
  • Lot Description: Standard
  • Lot Size Sq Ft: 6853
  • Number Of Acres: 0.16
  • Geo ADDRESS Line: 5040 S Jade Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 08/10/2023
  • Geo Zoom Level: 16

Tax Info

  • General Property Taxes: 331.45
  • Assessor Parcel Number: 00292-125
  • General Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Aug 24, 2023
Sold by
Elite Investment Solutions Llc
Bought by
Villarreal Elia
Seller's Agent
Josh Roy
Keller Williams Hometown Partners
Buyer's Agent
Josh Roy
Keller Williams Hometown Partners
List Price
$20,000
Views
24
Current Estimated Value
$100,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.08%

Purchase Details

Closed on
Oct 7, 2020
Sold by
Angle Rodney and Angle Theresa
Bought by
Elite Investment Solutions Llc

Purchase Details

Closed on
Apr 9, 2015
Sold by
Cottage Grove Inc
Bought by
Angle Rodney and Angle Theresa
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
Villarreal Elia -- Meridian Title
Elite Investment Solutions Llc -- None Available
Angle Rodney -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold -- -- --
08/11/2023 08/11/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $20,000 -- $23 / 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 $364 $4,265 $564 $3,701
2023 $364 $2,784 $472 $2,312
2022 $340 $2,783 $437 $2,346
2021 $324 $2,599 $299 $2,300
2020 $321 $2,599 $299 $2,300
2019 $318 $2,600 $357 $2,243
2018 $312 $2,600 $357 $2,243
2017 $148 $0 $0 $0
2016 $267 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Roy

    Seller's Agent in 2023

    Josh Roy

    Keller Williams Hometown Partners

    (316) 613-0737

    14 in this area

    2,062 Total Sales

    Josh Roy
    Section Image
  • Austin Bahner

    Buyer Co-Listing Agent in 2023

    Austin Bahner

    Keller Williams Hometown Partners

    (316) 816-1233

    1 in this area

    96 Total Sales

    Austin Bahner
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 628837

South Central Kansas MLS

APN: 216-23-0-23-06-010.00

Kansas Sedgwick County Wichita 67216 Oaklawn

5040 S Jade Ave, Wichita, KS

This home is located at 5040 S Jade Ave, Wichita, KS 67216 since 10 August 2023 and is currently estimated at $100,952, approximately $116 per square foot. This property was built in 1952. 5040 S Jade Ave is a home located in Sedgwick County with nearby schools including Oaklawn Elementary School and Derby High School.

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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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