NOT LISTED FOR SALE

516 SE Locust St Topeka, KS 66607

East Topeka Neighborhood

Estimated Value: $92,000 - $110,778

4 Beds
2 Baths
1,650 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 26, 2022

Current estimated payment $663/month

5 Days on Market

Highlights

  • Wood Flooring
  • Board and Batten Siding
  • Central Heating and Cooling System

About This Home

As of September 2022

Great little cash flowing duplex! #514 Rents $535 lease until 8/31/22 #516 Rents $555 month to month lease. Estimated at a 10 cap property. All utilities are paid by the tenants. Property is currently managed by a local company.

Last Agent to Sell the Property

John Ringgold

KW One Legacy Partners, LLC License #00051961 Listed on: 08/17/2022

KW One Legacy Partners, LLC

Co-Listed By

Riley Ringgold

KW One Legacy Partners, LLC License #00239178

Last Buyer's Agent

Daniel Byard

KW One Legacy Partners, LLC License #00243858

KW One Legacy Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $501

Year Built

  • Built in 1942

Lot Details

  • 6,098

Home Design

  • Side-by-Side
  • Composition Roof
  • Board and Batten Siding

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Scott Dual Language Elementary School
  • Chase Middle School
  • Highland Park High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Water Heater

Additional Features

  • Wood Flooring
  • Lot Dimensions are 50x125
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number R27421

Community Details

Overview

  • 2 Units
  • Roots Addn Subdivision

Building Details

  • 2 Leased Units
  • Gross Income $1,085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$501

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Property Sub Type: Duplex, Triplex or Fourpl
  • Prop. Type: Residential Income
  • Lot Size: 50x125
  • Co List Office Mls Id: SUN359
  • Co List Office Phone: 785-246-8075
  • List Price: 74000
  • Subdivision Name: Roots Addn
  • Architectural Style: Side-by-Side
  • Special Features: None

Interior Features

  • Flooring: Wood
  • UnitFeatures: In-Bldg Utility Room,Washer/Dryer Hookups,Private Outside Entry,Private Bath

Exterior Features

  • Roof: Composition
  • Building Features: Individual Water Heaters, Separate Electric Meters, Separate Gas Meters
  • Construction Type: Board & Batten Siding

Garage/Parking

  • Parking Features: Street Parking, On Site
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City Water, City Sewer
  • AreUtilitiesOnYN: Yes

Schools

  • Elementary School: Scott Dual Language Elementary School/USD 501
  • High School: Highland Park High School/USD 501
  • Middle Or Junior School: Chase Middle School/USD 501

Lot Info

  • Zoning: R-2 Single Family
  • Lot Size: 6250
  • Lot Size Units: Square Feet
  • Parcel #: R27421
  • ResoLotSizeUnits: SquareFeet
  • FloodZone: Yes
  • AssessedImpValue: $31,690
  • DownZoneYN: Yes
  • ConformsToZoningYN: Yes
  • ApproxSqFtImprovements: 1650

Rental Info

  • AvailableForLeaseYN: No

Multi Family

  • Gross Income: 1085
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • NumberOfUnitsOccupied: 2

Tax Info

  • Tax Annual Amount: 500.78
  • GeneralTax: $500.78
  • SpecTax: $0.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 23, 2022
Sold by
Mkr Enterprises Inc
Bought by
Stallbaumer Mathew and Stallbaumer Morgan
Seller's Agent
John Ringgold
KW One Legacy Partners, LLC
Buyer's Agent
Daniel Byard
KW One Legacy Partners, LLC
List Price
$74,000
Sold Price
$74,000
Total Days on Market
5
Current Estimated Value
$101,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,593
Avg. Annual Appreciation
12.36%
Original Mortgage
$60,000
Outstanding Balance
$57,787
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$43,806

Purchase Details

Closed on
Feb 28, 2006
Sold by
Waters Melissa G
Bought by
Charlie Brown Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
6.1%
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 Buyer Sale Price Title Company
Stallbaumer Mathew -- Security 1St Title
Charlie Brown Enterprises Llc -- Capital Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stallbaumer Mathew $60,000
Previous Owner Charlie Brown Enterprises Llc $83,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold -- -- --
08/22/2022 08/22/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $74,000 -- $45 / 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 $1,136 $8,291 $0 $0
2022 $506 $3,757 $0 $0
2021 $501 $3,416 $0 $0
2020 $407 $2,864 $0 $0
2019 $401 $2,807 $0 $0
2018 $389 $2,726 $0 $0
2017 $390 $2,726 $0 $0
2014 $453 $3,094 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Ringgold

    Seller's Agent in 2022

    John Ringgold

    KW One Legacy Partners, LLC

    (785) 256-0570

    9 in this area

    424 Total Sales

    John Ringgold
    Section Image
  • Riley Ringgold

    Seller Co-Listing Agent in 2022

    Riley Ringgold

    KW One Legacy Partners, LLC

    (785) 817-9724

    8 in this area

    175 Total Sales

    Riley Ringgold
    Section Image
  • Daniel Byard

    Buyer's Agent in 2022

    Daniel Byard

    KW One Legacy Partners, LLC

    (785) 250-8929

    2 in this area

    55 Total Sales

    Daniel Byard
    Section Image
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Map

Source: Sunflower Association of REALTORS®

MLS Number: 225551

Sunflower Association of REALTORS®

APN: 109-32-0-40-24-006-000

Kansas Shawnee County Topeka 66607 East Topeka

516 SE Locust St, Topeka, KS

This home is located at 516 SE Locust St, Topeka, KS 66607 since 17 August 2022 and is currently estimated at $101,593, approximately $61 per square foot. This property was built in 1942. 516 SE Locust St is a home located in Shawnee County with nearby schools including Scott Dual Language Magnet Elementary School, Chase Middle School, and Topeka High School.

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