NOT LISTED FOR SALE

534 N Richmond St Unit 544 N Richmond Wichita, KS 67203

Sunflower Neighborhood

Estimated Value: $212,843 - $276,000

-- Bed
2 Baths
9,396 Sq Ft
$26/Sq Ft Est. Value

Last Sold May 26, 2022

Current estimated payment $1,510/month

180 Days on Market

Highlights

  • 22,651 Sq Ft lot
  • Central Air
  • Garden Home
  • Tile Flooring
  • Heating System Uses Gas

About This Home

As of May 2022

Three well maintained duplexes in convenient location near Central and McLean near Arkansas River, museums, downtown activities, colleges, and employment. Main floors: 2 bedrooms, restroom, living area, and kitchen Finished Basements: large living area, bonus room, and utility room. Stone accents and veneer exteriors.

Last Agent to Sell the Property

Bree Russell

Russell Real Resources LLC License #00218596 Listed on: 11/11/2021

Last Buyer's Agent

Nela Bayouth

Reece Nichols South Central Kansas License #00231481

Reece Nichols South Central Kansas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1968

Lot Details

  • 0.52 Acre Lot

Home Design

  • Garden Home
  • Composition Roof
  • Hardboard

Interior Spaces

  • 9,396 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Finished Basement
  • Apartment Living Space in Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • 12 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • On-Street Parking

Schools

  • Lawrence Elementary School
  • Hadley Middle School
  • West High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 6 Units
  • Gross Income $65,940

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 00205051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,252

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Combo Garden/Th
  • Estimated Age: 51 - 80 Years
  • Total Specials: 46.8
  • Year Built: 1968
  • Annual Specials: 46.8
  • Estimated TFLA: 9396
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Dishwasher, Disposal, Over/Range, Refrigerator
  • Floors: Carpet, Tile
  • Basement: Yes - Finished
  • Basement Finished Percent: Bedroom(s), Daylight Window(s), Family Room, Storage
  • Basement Use: Separate Apartments, Tenant Laundry, Tenant Storage
  • Number Of Stories: Two

Exterior Features

  • Construction: Hardboard
  • Roof: Composition

Garage/Parking

  • Parking: More Than 2 Per Unit, Paved, Street Parking
  • On Site Parking Spaces: 12

Utilities

  • Cooling: Individual Unit, Central Electric
  • Flood Insurance: Unknown
  • Heating: Central Electric, Central Gas, Individual Unit
  • Utilities: Natural Gas, Public, Sewer

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 22651
  • Geo ADDRESS Line: 534 S Richmond Ave
  • Geo Match Code: 3
  • Geo PRIMARY City: Wichita
  • Geo Quality: 1
  • Geo Subdivision: KS
  • Geo Update: 05/03/2022
  • Geo Zoom Level: 17

Rental Info

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

Tax Info

  • Assessor Parcel Number: 00205051
  • General Taxes: 5123.76
  • General Tax Year: 2020

Multi Family

  • Number Of Units: 6
  • Gross Income: 65940

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2017
Sold by
Kb Financial Llc
Bought by
Dobbs Real Estate Llc
Current Estimated Value
$244,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 23, 2008
Sold by
Johnson Clarence S and Johnson Evelyn N
Bought by
Kb Financial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Dobbs Real Estate Llc -- None Available
Kb Financial Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tigercat Properties Llc $465,000
Open Dobbs Real Estate Llc $1,805,000
Closed Dobbs Real Estate Llc $279,000
Previous Owner Kb Financial Llc $220,402
Previous Owner Kb Financial Llc $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold -- -- --
05/10/2022 05/10/22 Pending -- -- --
11/11/2021 11/11/21 For Sale $655,000 -- $70 / 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
2025 $2,252 $23,219 $2,369 $20,850
2023 $2,252 $18,999 $1,898 $17,101
2022 $1,810 $16,376 $1,794 $14,582
2021 $1,781 $15,595 $1,392 $14,203
2020 $1,663 $14,525 $966 $13,559
2019 $1,585 $13,835 $966 $12,869
2018 $1,523 $13,283 $805 $12,478
2017 $1,524 $0 $0 $0
2016 $1,469 $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: 610903

South Central Kansas MLS

APN: 136-24-0-11-08-004.00C