NOT LISTED FOR SALE

516 E 12th Ave Emporia, KS 66801

Estimated Value: $498,249

-- Bed
3 Baths
-- Sq Ft
0.5 Acres

Last Sold May 07, 2021

Current estimated payment $3,315/month

10 Days on Market

About This Home

As of May 2021

Looking to get into multi family properties or have others and looking for more? Don't miss this opportunity. Thirteen units under one roof. One 2 bedroom, four studios and eight one bedroom units. Only four blocks from the Emporia State University campus and conveniently located across the street from a laundromat. Roof replaced in 2017 and windows replaced in 2016.

Last Agent to Sell the Property

Marc Glades

RE/MAX EK Real Estate License #SP00241926 Listed on: 03/04/2021

RE/MAX EK Real Estate

Last Buyer's Agent

House Non Member

SUNFLOWER ASSOCIATION OF REALT

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,105

Year Built

  • Built in 1958

Lot Details

  • 0.5

Parking

  • 18 Parking Spaces

Home Design

  • Asphalt Roof
  • Concrete Block And Stucco Construction

Flooring

  • Wood
  • Concrete

Schools

  • William Allen White Elementary School
  • Emporia Middle School
  • Emporia High School

Additional Features

  • Oven or Range
  • Lot Dimensions are 130x167.5
  • Window Unit Cooling System

Listing and Financial Details

  • The owner pays for water, trash collection, lawn care
  • Assessor Parcel Number EA02946A1

Community Details

Overview

  • 13 Units

Building Details

  • 12 Leased Units
  • 1 Vacant Unit
  • Gross Income $56,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,105

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 130x167.5
  • List Price: 475000
  • Subdivision Name: Other
  • Architectural Style: Other
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range/Oven
  • Owner Pays: Water, Trash Collection, Lawn Care
  • Flooring: Slab
  • NumberOfEfficiencies: 4
  • UnitFeatures: Hardwood

Exterior Features

  • Roof: Asphalt
  • Construction Type: Concrete

Garage/Parking

  • Parking Features: On Site
  • Total Parking Spaces: 18

Utilities

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

Schools

  • Elementary School: William Allen White Elementary School/USD 253
  • High School: Emporia High School/USD 253
  • Middle Or Junior School: Emporia Middle School/USD 253

Lot Info

  • Zoning: M-2 Multi-Family
  • Parcel #: EA02946A1
  • FloodZone: Unknown
  • AssessedImpValue: 68000
  • DownZoneYN: No
  • ConformsToZoningYN: Yes
  • ApproxSqFtImprovements: 3800

Green Features

  • EfficiencyRange: 200-300

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 56000
  • Number Of Units Leased: 12
  • Number Of Units Total: 13
  • NumberOfUnitsOccupied: 12

Tax Info

  • Tax Annual Amount: 2105
  • GeneralTax: 2105
  • SpecTax: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 6, 2021
Bought by
Wasione Llc
Seller's Agent
Marc Glades
RE/MAX EK Real Estate
Buyer's Agent
House Non Member
SUNFLOWER ASSOCIATION OF REALT
List Price
$475,000
Current Estimated Value
$498,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
Dec 12, 2016
Sold by
Mann Brittain J Trust
Bought by
Kovazos Properties Iiillc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2003
Bought by
Mann Brittain Jay
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
Wasione Llc $396,500 --
Kovazos Properties Iiillc -- --
Mann Brittain Jay $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kovazos Properties Iiillc $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold -- -- --
03/14/2021 03/14/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $475,000 +187.9% --
11/30/2015 11/30/15 Sold -- -- --
09/17/2015 09/17/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $165,000 -- --
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
2024 $7,215 $43,712 $10,817 $32,895
2023 $7,262 $43,705 $8,364 $35,341
2022 $6,770 $42,023 $7,225 $34,798
2021 $2,379 $15,105 $7,225 $7,880
2020 $2,424 $13,202 $5,257 $7,945
2019 $2,424 $14,786 $4,564 $10,222
2018 $2,433 $14,787 $4,537 $10,250
2017 $2,301 $13,950 $4,537 $9,413
2016 $2,303 $13,949 $4,364 $9,585
2015 -- $19,840 $4,272 $15,568
2014 -- $20,551 $5,138 $15,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sunflower Association of REALTORS®

MLS Number: 217241

Sunflower Association of REALTORS®

APN: 192-10-0-10-09-015.01-0