NOT LISTED FOR SALE

Estimated Value: $141,973 - $168,000

8 Beds
2 Baths
2,880 Sq Ft
$54/Sq Ft Est. Value

Last Sold October 01, 2020

Current estimated payment $914/month

12 Days on Market

Highlights

  • Tile Flooring
  • Fenced
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of October 2020

TWO DUPLEXES FACING EACH OTHER ON 2 DIFFERENT LOTS PLUS 5 STORAGE ON A 3RD LOT CURRENTLY GENERATING $150 A MONTH AND A BIG VACANT SPACE TO ADD MORE STORAGE OR BUILDINGS OF YOUR CHOICE WITHIN ALLOWED ZONING. RENT HAS BIG ROOM TO BE INCREASED WITH MINOR MODIFICATIONS TO UNITS AND TO STORAGE UNITS.

Last Agent to Sell the Property

Bob Assaf

Park Plaza Realty License #00042511 Listed on: 09/13/2020

Co-Listed By

Alyson Assaf-Easterby

Real Broker, LLC License #00235270

Last Buyer's Agent

Sheila Yocom

Exp Realty, LLC License #SP00237239

Exp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 1948

Lot Details

  • 0.41 Acre Lot
  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Disposal

Schools

  • Dodge Elementary School
  • Hadley Middle School
  • West High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-136-23-0-11-03-020.00

Community Details

Overview

  • 4 Units
  • Betty Jo Powell Subdivision

Building Details

  • Gross Income $1,935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,108

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 15.6
  • Year Built: 1948
  • Annual Specials: 15.6
  • Estimated TFLA: 2880
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Disposal, Over/Range, Refrigerator
  • Floors: Carpet, Tile
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Covered
  • On Site Parking Spaces: 4

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Forced Air
  • Utilities: Natural Gas, Public, Sewer

Association/Amenities

  • Safety Features: Fencing, Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Dodge
  • Middle School: Hadley
  • High School: West
  • Elementary School: Dodge
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 17797
  • Geo ADDRESS Line: 521 N Florence St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 09/14/2020
  • Geo Zoom Level: 16

Rental Info

  • Tenant Paid Utilities: Electric, Gas, Lawn Maintenance, Trash, Water/Sewer

Tax Info

  • Assessor Parcel Number: 20173-136-23-0-11-03-020.00
  • General Taxes: 1674.11
  • General Tax Year: 2019

Multi Family

  • Number Of Units: 4
  • Number Of 2 Bedroom Units: 4
  • Rent Per Unit 2 Bedroom: 450
  • Gross Income: 1935

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Oct 1, 2020
Sold by
Ms & F Corporation
Bought by
No Place Like Home Llc
Seller's Agent
Bob Assaf
Park Plaza Realty
Buyer's Agent
Sheila Yocom
Exp Realty, LLC
List Price
$149,500
Sold Price
$140,000
Premium/Discount to List
-$9,500
-6.35%
Total Days on Market
12
Current Estimated Value
$154,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,987
Avg. Annual Appreciation
2.20%

Purchase Details

Closed on
Dec 30, 2014
Sold by
Shabshab Tomey N and Shabshab Kristi Lee
Bought by
M S & F Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,300
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Similar Home in Wichita, KS

  • 837 N Glendale Ave, Wichita, KS 67208

    $154,900

    • 6 Beds
    • 2 Baths
    • 1,764 Sq Ft
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    Back on market. Not due to inspection nor appraisal. Great investment with immediate cash flow of $1,650 per month. This duplex can be converted back to quadraplex. Each side has 3 bedrooms and 1 bathroom. One side is $800 and the other side is $850 per month. Do NOT disturb tenants. 24 hrs notice for showing.

    Nhu Tran Abode Real Estate

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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
No Place Like Home Llc -- Kansas Secured Title
M S & F Corporation -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open No Place Like Home Llc $110,000
Previous Owner M S & F Corporation $94,125
Previous Owner M S & F Corporation $88,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold -- -- --
09/25/2020 09/25/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $149,500 -- $52 / 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
2023 $1,108 $11,109 $1,679 $9,430
2022 $1,002 $9,361 $1,587 $7,774
2021 $996 $8,832 $1,587 $7,245
2020 $918 $8,131 $1,587 $6,544
2019 $822 $7,303 $1,587 $5,716
2018 $887 $7,862 $771 $7,091
2017 $888 $0 $0 $0
2016 $885 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 586644

South Central Kansas MLS

APN: 136-23-0-11-03-020.00