$650,000
SOLD MAY 23, 2025
Last list price
12 Beds
-- Bath
-- Sq Ft
1928 Built

Recently Sold

Highlights

  • Wood Flooring
  • Laundry Facilities
  • High-Rise Condominium
  • Elevator

About This Home

As of May 2025

Historical GEM Apartments at 10th and Topeka Blvd. Includes 12 secure apartments, 3 commercial spaces, 5 garages, 2 additional offices and a large basement with additional storage space. The apartments all have historical charm with classic moldings and many updates. All have hardwood floors, many have quartz countertops, and many have new decks and balconies. Updates to the building include a new 100-gallon water heater, poured and new concrete breezeway, HVAC in 506 new AC in 510 commercial spaces. 11 units rented at this time. 1 commercial space rented. All apartments have newer Pella windows, balconies, on site laundry, additional storage for tenants, secure building and elevator. Building is on the historical registry and allows for Tax credits. This building is 506, 508 and 510 SW 10th with the apartments at 508 1/2. Building was under contract but the financing fell through. Showings through listing agent.

Last Agent to Sell the Property

Tyler Johnson

Berkshire Hathaway First License #SP00227116 Listed on: 05/23/2025

Berkshire Hathaway First

Last Buyer's Agent

Patrick Habiger

KW One Legacy Partners, LLC License #00051888

KW One Legacy Partners, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,644

Year Built

  • Built in 1928

Home Design

  • Asphalt Roof

Schools

  • Lowman Hill Elementary School
  • Robinson Middle School
  • Topeka High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Separate Meters
  • Master Gas Meter
  • Central Water Heater

Additional Features

  • Wood Flooring
  • 12 Bedrooms
  • Lot Dimensions are 76x129

Listing and Financial Details

  • The owner pays for gas, water, trash collection
  • Assessor Parcel Number R26238

Community Details

Overview

  • 12 Units
  • High-Rise Condominium
  • Original Town Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Pet Restriction

Building Details

  • 11 Leased Units
  • 1 Vacant Unit
  • Gross Income $9,815

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,644

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 76x129
  • List Price: 650000
  • Subdivision Name: Original Town
  • Architectural Style: High Rise
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range
  • Owner Pays: Gas, Water, Trash Collection
  • Total Bedrooms: 12
  • Flooring: Wood
  • UnitFeatures: Balcony,Kit/Din Combo,Private Bath,Extra Storage,Unfinished Basement

Exterior Features

  • Roof: Asphalt
  • Building Features: Central Laundry, Elevator, Pet Restrictions, Central Water Heater, Separate Electric Meters, Master Gas Meter

Garage/Parking

  • SafetyFeatures: Fire Alarm,Fire Escape

Utilities

  • Cooling: Window Unit(s)
  • Heating: Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • AreUtilitiesOnYN: Yes

Schools

  • Elementary School: Lowman Hill Elementary School/USD 501
  • High School: Topeka High School/USD 501
  • Middle Or Junior School: Robinson Middle School/USD 501

Lot Info

  • Zoning: C-5 Commercial,R-1 Singl
  • Parcel #: R26238
  • FloodZone: Unknown
  • AssessedImpValue: 509100
  • ConformsToZoningYN: Yes
  • ApproxSqFtImprovements: 12677

Rental Info

  • Lease Term: 12 Months
  • AvailableForLeaseYN: No

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 9815
  • Number Of Units Leased: 11
  • Number Of Units Total: 12
  • NumberOfUnitsOccupied: 11

Tax Info

  • Tax Annual Amount: 12643.54
  • GeneralTax: 12,643.54
  • SpecTax: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
May 23, 2025
Sold by
Atc Investments Llc
Bought by
Asap Holdings Llc
Seller's Agent
Tyler Johnson
Berkshire Hathaway First
Buyer's Agent
Patrick Habiger
KW One Legacy Partners, LLC
List Price
$650,000
Sold Price
$650,000
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$909,201
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2025
Closed on
May 22, 2025
Sold by
Mbs Gem Llc
Bought by
Atc Investments Llc
Seller's Agent
Tyler Johnson
Berkshire Hathaway First
Buyer's Agent
Patrick Habiger
KW One Legacy Partners, LLC
List Price
$650,000
Sold Price
$650,000
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$909,201
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2020
Sold by
Fgem Properties Inc
Bought by
Butler Michelle and Johnson Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed -- Lawyers Title Of Topeka
Warranty Deed -- Security 1St Title
Warranty Deed -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,000 New Conventional
Previous Owner $410,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold -- -- --
05/23/2025 05/23/25 For Sale $650,000 -- --
03/01/2025 03/01/25 Pending -- -- --
Source: Sunflower Association of REALTORS®

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 $13,513 $93,775 -- --
2023 $13,513 $85,137 $0 $0
2022 $10,968 $71,527 $0 $0
2021 $10,790 $67,696 $0 $0
2020 $9,348 $59,331 $0 $0
2019 $9,313 $58,768 $0 $0
2018 $9,598 $60,493 $0 $0
2017 $9,619 $60,493 $0 $0
2014 $9,579 $59,662 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sunflower Association of REALTORS®

MLS Number: 239524

Sunflower Association of REALTORS®

APN: 109-31-0-30-09-005-000