NOT LISTED FOR SALE

Estimated Value: $205,000

4 Beds
4 Baths
2,436 Sq Ft
$84/Sq Ft Est. Value

Last Sold January 04, 2018

Current estimated payment $1,243/month

20 Days on Market

Highlights

  • Brick Veneer
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2018

Great opportunity to own an income producing property. Both units are identical bi-levels. Lower level has 2 bedrooms, full bath, hallway laundry and storage under the stairs. Upper level is 1/2 bath, living room, dining area and kitchen. Exterior hardie siding, gutters and north side concrete slab replaced in 2017. Unit #560 interior has been freshly painted. Square footage listed is total for both units. Each unit has 1,218 sqft. Each unit includes stove, dishwasher and refrigerator.

Last Agent to Sell the Property

Shirley Palmer-Witt

Elite Real Estate LLC License #00221475 Listed on: 11/17/2017

Last Buyer's Agent

Bryan Hazen

Realty4Less License #00220771

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1983

Lot Details

  • 7,526 Sq Ft Lot

Home Design

  • Side-by-Side
  • Brick Veneer
  • Composition Roof
  • Vinyl Siding
  • Hardboard

Interior Spaces

  • 2,436 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • 4 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Franklin Elementary School
  • Hadley Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $12,960

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 00205-047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,603

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 21 - 35 Years
  • Total Specials: 11.76
  • Year Built: 1983
  • Annual Specials: 11.76
  • Estimated TFLA: 2436
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Over/Range, Refrigerator
  • Floors: Carpet
  • Basement: Lower Level
  • Basement Finished Percent: Bath(s), Bedroom(s)
  • Number Of Stories: One

Exterior Features

  • Construction: Brick Veneer, Hardboard, Vinyl
  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit, Paved
  • On Site Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Flood Insurance: Unknown
  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas, Public, Sewer

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 7526
  • Geo ADDRESS Line: 558 N Richmond St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick
  • Geo Subdivision: KS
  • Geo Update: 01/06/2018
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 00205-047
  • General Taxes: 1498
  • General Tax Year: 2017

Multi Family

  • Number Of Units: 2
  • Number Of 2 Bedroom Units: 2
  • Rent Per Unit 2 Bedroom: $600
  • Gross Income: 12960

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jan 4, 2018
Sold by
Palmer Witt Shirley K and Rns Family Trust
Bought by
Bkh Investments Llc
Seller's Agent
Shirley Palmer-Witt
Elite Real Estate LLC
Buyer's Agent
Bryan Hazen
Realty4Less
List Price
$122,900
Current Estimated Value
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$94,000
Outstanding Balance
$79,653
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$125,347

Purchase Details

Closed on
May 2, 2013
Sold by
Witt Ronald W and Palmer Witt Shirley K
Bought by
Witt Ron W and Palmer Witt Shirley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
3.58%
Mortgage Type
New Conventional
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
Bkh Investments Llc $117,500 Security 1St Title
Witt Ron W -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bkh Investments Llc $94,000
Previous Owner Witt Ron W $92,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold -- -- --
12/07/2017 12/07/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $122,900 -- $50 / 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 $1,603 $16,721 $2,553 $14,168
2023 $1,603 $13,470 $2,174 $11,296
2022 $1,475 $13,470 $2,047 $11,423
2021 $1,695 $14,854 $1,645 $13,209
2020 $1,579 $13,801 $1,645 $12,156
2019 $1,505 $13,145 $1,645 $11,500
2018 $1,508 $13,156 $1,403 $11,753
2017 $1,509 $0 $0 $0
2016 $1,448 $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: 544140

South Central Kansas MLS

APN: 136-24-0-11-08-002.00