$80,000
SOLD SEP 30, 2014
Last list price

509 SW 5th St Topeka, KS 66603

-- Bed
-- Bath
2,688 Sq Ft
3,964 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

73 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • High-Rise Condominium

About This Home

As of January 2019

Visually engaging 4plex with front and back balconies,in good overall condition, good floor plans , good rental history&csh flow. Very well built NOT a conversion built originally as a 4 plex Four big window unit heaters /air conditioners wer e purchased 3-4 years ago. tenants pay own electric,land lord pays water & gas for hot waterSealed skin rubberized roof about 15yrs old, Interior drain lines were rehabbed around 2000.Wood privacy fence encloses parking lot. Known as "the Leland"

Last Agent to Sell the Property

Marshall Barber

Valley, Inc. License #SP00010838 Listed on: 07/10/2014

Last Buyer's Agent

Mary Froese

NextHome Professionals License #00229614

NextHome Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1920

Home Design

  • Frame Construction
  • Asphalt Roof

Parking

  • 4 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Meadows Elementary School
  • Robinson Middle School
  • Topeka High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Master Meter
  • Master Gas Meter
  • Central Water Heater

Additional Features

  • Oven or Range
  • Wood Flooring
  • Lot Dimensions are 51x75

Listing and Financial Details

  • The owner pays for water, trash collection
  • Assessor Parcel Number 1093102020002000

Community Details

Overview

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

Building Details

  • 4 Leased Units
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub Type: Duplex, Triplex or Fourpl
  • Prop. Type: Residential Income
  • Lot Size: 51x75
  • List Price: 80000
  • Subdivision Name: Original Town
  • Architectural Style: High Rise
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range/Oven
  • Owner Pays: Water, Trash Collection
  • Flooring: Wood
  • UnitFeatures: Carpets,Hardwood,Drapes,Balcony,Formal Living Room,Kit/Din Combo,In-Bldg Utility Room,Unfinished Basement

Exterior Features

  • Roof: Asphalt
  • Building Features: Central Water Heater, Security Deposits, Master Electric Meter, Master Gas Meter
  • Construction Type: Frame

Garage/Parking

  • Parking Features: Paved, Street Parking
  • Total Parking Spaces: 4
  • SafetyFeatures: Smoke & Heat Detectors

Utilities

  • Cooling: Window Unit(s)
  • Heating: Zoned
  • Sewer: City Water, City Sewer
  • AreUtilitiesOnYN: Yes

Schools

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

Lot Info

  • Zoning: M-2 Multi-Family
  • Parcel #: 1093102020002000
  • FloodZone: Unknown
  • AssessedImpValue: 52330
  • DownZoneYN: No
  • ConformsToZoningYN: Yes
  • ApproxSqFtImprovements: 2688

Rental Info

  • LeasePrice: 450

Multi Family

  • Gross Income: 18000
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • NumberOfUnitsOccupied: 4

Tax Info

  • Tax Annual Amount: 999.63
  • GeneralTax: 999.63
  • SpecTax: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Jan 14, 2019
Sold by
Bbmi Inc
Bought by
Tucci Living Trust
Seller's Agent
Justin Bennett
EXP Realty LLC
Buyer's Agent
Justin Bennett
EXP Realty LLC
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$111,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,272
Avg. Annual Appreciation
10.03%

Purchase Details

Listed on
Jul 10, 2014
Closed on
Sep 30, 2014
Sold by
Gerdel Douglas P and Gerdel Patricia S
Bought by
Rms Investments Llc
Seller's Agent
Marshall Barber
Valley, Inc.
Buyer's Agent
Mary Froese
NextHome Professionals
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.54%
Original Mortgage
$56,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- Lawyers Title Of Kansas Inc
Warranty Deed -- Kansas Secured Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $48,300 Unknown
Previous Owner $56,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold -- -- --
12/17/2018 12/17/18 Pending -- -- --
12/14/2018 12/14/18 For Sale $60,000 -25.0% $39 / Sq Ft
09/30/2014 09/30/14 Sold -- -- --
08/30/2014 08/30/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $80,000 -- $30 / Sq Ft
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
2023 $1,854 $12,834 $0 $0
2022 $1,093 $7,666 $0 $0
2021 $1,069 $6,969 $0 $0
2020 $1,022 $6,745 $0 $0
2019 $1,007 $6,613 $0 $0
2018 $1,210 $7,877 $0 $0
2017 $1,213 $7,877 $0 $0
2014 $925 $6,018 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sunflower Association of REALTORS®

MLS Number: 179718

Sunflower Association of REALTORS®

APN: 109-31-0-20-20-002-000