NOT LISTED FOR SALE

5420 S Rock Rd Derby, KS 67037

Estimated Value: $202,000

157 Acres
$1,287 Price per Acre
6,838,920 Sq Ft Lot

Last Sold July 17, 2020

Current estimated payment $1,254/month

44 Days on Market

Highlights

  • 157 Acre Lot
  • Pasture
  • Fenced
  • Farmhouse Style Home
  • Grain Storage
  • Level Lot

About This Lot

As of July 2020

One of the best investments in real estate is a good location, location, location. This is your chance to own prime property on S. Rock Rd. Own a quarter section of land on S. Rock Rd. with 1/2 mile of paved frontage and a corner lot with 55th St. to the south. The property is conveniently located between Wichita and Derby on the east side of Rock Road. In addition to this tillable and multi-use farm, there are two homes on the property on separate legal. The property class is agriculture with the crop land terraced for proper irrigation and drainage. The property located 5320 S. Rock Rd is a 3-bedroom, 2 bath, 2 car garage and unfinished basement with 1558 square feet above ground. The property located at 5420 S. Rock Rd. has 1,040 square feet with 2 bedrooms, one bath and a detached garage. Electric and gas services are already on the property. The homeowners are currently share cropping and receive an annual income which has paid for the taxes. The property carries a Derby postal address but is not annexed in the City of Derby at this time. The property is bordered by Rock Road on the west property line, tree lines on the north and east side and 55th St on the South side of the property.

Last Agent to Sell the Property

Dee Utz

Platinum Realty LLC License #00225969 Listed on: 06/01/2020

Platinum Realty LLC

Last Buyer's Agent

Dee Utz

Platinum Realty LLC License #00225969 Listed on: 06/01/2020

Platinum Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,227

Lot Details

  • 157 Acre Lot
  • Fenced
  • Level Lot

Home Design

  • Farmhouse Style Home

Schools

  • Derby Hills Elementary School
  • Derby Middle School
  • Derby High School

Farming

  • Grain Storage
  • Pasture

Additional Features

  • Mineral Rights
  • Private Water Source

Community Details

  • None Listed On Tax Record Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08722-42003100001

Property Details

Property Type

Land

Est. Annual Taxes

$2,227

Lot Details

0

Listing Details

  • Class: Land
  • Property Type: Farm
  • Total Specials: 15.6
  • Annual Specials: 15.6
  • Miscellaneous Features: Mineral Rights Included
  • Builder Options: Open Builder
  • House Features: 31+ Years
  • Improvements: Driveway App, Farm House, Fencing
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County, Paved

Utilities

  • Flood Insurance: Unknown
  • Utilities Available: Cistern, Electricity, Lagoon, Natural Gas, Private Water

Schools

  • School District: Derby School District (USD 260)
  • Elementary School: Derby Hills
  • Middle School: Derby
  • High School: Derby
  • Elementary School: Derby Hills
  • High School: Derby

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 114,563 sf
  • Number Of Acres: 157
  • Present Usage: Pasture, Tillable
  • Topographic: Level
  • Zoning Usage: Agriculture
  • Geo ADDRESS Line: 5420 S Rock Rd
  • Geo PRIMARY City: Derby
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 07/12/2020
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 08722-42003100001
  • General Taxes: 3631.51
  • General Tax Year: 2019

MLS Schools

  • Middle School: Derby
  • School District: Derby School District (USD 260)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 14, 2020
Sold by
Schrecengost Valdyne M and Schrecengost James
Bought by
Bridge 55 Llc
Seller's Agent
Dee Utz
Platinum Realty LLC
Buyer's Agent
Dee Utz
Platinum Realty LLC
List Price
$1,900,000
Current Estimated Value
$202,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.02%
Original Mortgage
$1,805,519
Outstanding Balance
$1,601,015
Interest Rate
3.1%
Mortgage Type
Unknown
Estimated Equity
-$1,399,015
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
Bridge 55 Llc -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridge 55 Llc $1,805,519
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold -- -- --
07/15/2020 07/15/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $1,900,000 -- $1,827 / 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 $2,227 $17,232 $4,479 $12,753
2023 $2,227 $15,736 $3,967 $11,769
2022 $1,626 $14,082 $3,718 $10,364
2021 $1,705 $14,505 $3,772 $10,733
2020 $1,680 $14,307 $3,591 $10,716
2019 $1,413 $12,065 $2,417 $9,648
2018 $1,240 $10,635 $1,331 $9,304
2017 $1,310 $0 $0 $0
2016 $1,282 $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: 581993

South Central Kansas MLS

APN: 224-20-0-32-00-002.00