Seller's Agent in 2023
Larry Hall
Real Broker, LLC
(316) 640-3289
9 in this area
230 Total Sales
615 N Andover Rd Andover, KS 67002
Estimated Value: $283,751 - $306,000
5
Beds
4
Baths
2,027
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Four Sided Brick Exterior Elevation
- Forced Air Heating and Cooling System
- 1-Story Property
- Cottonwood Elementary School Rated A-
About This Home
As of September 2023Back on the market at no fault of the seller! Inspection and appraisal were completed. Bring us your offer! Welcome to the desirable community of Andover, Kansas! This quadplex offers an excellent investment opportunity in a highly sought-after location. Boasting a total of four units, including one studio apartment, two one-bedroom apartments, and one two-bedroom apartment, this property is fully leased and generating a monthly income of $2,320. Situated in a well-maintained neighborhood, this quadplex exudes curb appeal with its charming exterior and attractive landscaping. The property has been diligently cared for, ensuring a hassle-free ownership experience. Whether you're an experienced investor or a first-time buyer, this quadplex is an ideal addition to any real estate portfolio. Each unit has been designed with comfort and practicality in mind. The studio apartment offers a cozy living space. The two one-bedroom apartments provide ample room. Finally, the two-bedroom apartment offers spaciousness and versatility for those desiring a larger residence. The quadplex's location in Andover, Kansas, adds to its allure. Andover is renowned for its excellent schools, friendly community atmosphere, and convenient amenities. Residents will have easy access to local shops, restaurants, parks, and entertainment options, ensuring a vibrant and fulfilling lifestyle. Investing in this quadplex presents a stable and reliable income stream, as all units are currently leased. The monthly income of $2,320 is a testament to the property's appeal and the high demand for rentals in this area. Whether you choose to maintain the current lease agreements or explore new possibilities in the future, this quadplex offers both immediate and long-term financial benefits. This property is currently being managed by E/H Property Management. So if you'd like to retain them then no hassle on worrying about tenants. Don't miss out on this exceptional investment opportunity in Andover, Kansas. Act now to secure your future with this well-maintained and income-generating quadplex
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $47
Year Built
- Built in 1970
Lot Details
- 0.25
Home Design
- Side-by-Side
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2,027 Sq Ft Home
- 1-Story Property
Kitchen
- Microwave
- Dishwasher
- Disposal
Parking
- 6 Parking Spaces
- Paved Parking
Schools
- Andover Elementary And Middle School
- Andover High School
Additional Features
- 0.25 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for electric, gas
- The owner pays for electric, lawn maintenance, trash
- Assessor Parcel Number 304-18-0-40-11-001-00-0
Community Details
Overview
- 4 Units
- Abelis Subdivision
Building Details
- Gross Income $2,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2023
Closed on
Sep 6, 2023
Sold by
Mastin Investments Llc
Bought by
Rasfam Enterprises Llc
Seller's Agent
Larry Hall
Real Broker, LLC
Buyer's Agent
Kelly Kemnitz
Reece Nichols South Central Kansas
List Price
$280,000
Views
158
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$140,000
Outstanding Balance
$122,862
Interest Rate
0.65%
Mortgage Type
New Conventional
Estimated Equity
$174,952
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rasfam Enterprises Llc | $175,000 | Security First Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rasfam Enterprises Llc | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | -- | -- | -- |
| 08/08/2023 08/08/23 | Pending | -- | -- | -- |
| 07/26/2023 07/26/23 | For Sale | $280,000 | 0.0% | $138 / Sq Ft |
| 06/16/2023 06/16/23 | Pending | -- | -- | -- |
| 06/13/2023 06/13/23 | For Sale | $280,000 | +1.8% | $138 / Sq Ft |
| 07/15/2022 07/15/22 | Sold | -- | -- | -- |
| 06/15/2022 06/15/22 | Pending | -- | -- | -- |
| 06/10/2022 06/10/22 | For Sale | $275,000 | -- | $136 / Sq Ft |
Source: South Central Kansas MLS
Tax History Compared to Growth
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 | $47 | $32,579 | $3,912 | $28,667 |
| 2024 | $47 | $31,351 | $2,300 | $29,051 |
| 2023 | $3,844 | $25,777 | $2,300 | $23,477 |
| 2022 | $3,825 | $23,138 | $2,300 | $20,838 |
| 2021 | $0 | $19,874 | $2,300 | $17,574 |
| 2020 | $3,206 | $19,874 | $2,300 | $17,574 |
| 2019 | $3,007 | $18,584 | $2,401 | $16,183 |
| 2018 | $2,937 | $18,138 | $2,401 | $15,737 |
| 2017 | $2,929 | $18,095 | $1,872 | $16,223 |
| 2014 | -- | $140,510 | $16,280 | $124,230 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Hall
-
Kelly Kemnitz
Buyer's Agent in 2023
Kelly Kemnitz
Reece Nichols South Central Kansas
(316) 308-3717
64 in this area
456 Total Sales
Map
Source: South Central Kansas MLS
MLS Number: 626286
APN: 304-18-0-40-11-001-00-0
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.
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