NOT LISTED FOR SALE

Estimated Value: $249,000

4 Beds
4 Baths
2,116 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 08, 2018

Current estimated payment $1,462/month

133 Days on Market

Highlights

  • Four Sided Brick Exterior Elevation
  • Central Air
  • 1-Story Property

About This Home

As of February 2018

Fourplex with (4) 1-Bedroom, 1-Bathroom Units in Southeast Wichita. The current gross income is $4,620 per year with the potential for $18,480 per year at full occupancy. 618, 620, and 624 S. Kansas: Vacant. 622 S. Kansas: Rented for $385 on a month-to-month basis with a deposit of $200. Unit includes refrigerator and range/oven. Heating type is ceiling electric. Owner pays lawn maintenance, and trash. Great Investment opportunity! Tenant in 622 S. Kansas will have her property open on October 15th from 2:30 PM to 5:00 PM

Last Agent to Sell the Property

Rick Brock

McCurdy Real Estate & Auction, LLC License #00032084 Listed on: 09/13/2017

Last Buyer's Agent

Rick Brock

McCurdy Real Estate & Auction, LLC License #00032084 Listed on: 09/13/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1943

Lot Details

  • 8,678 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Side-by-Side
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,116 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Oven or Range
  • Unfinished Basement

Schools

  • Linwood Elementary School
  • Mead Middle School
  • East High School

Utilities

  • Central Air
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 08712-82702201001.00

Community Details

Overview

  • 4 Units
  • Kellogg Terrace Subdivision

Building Details

  • Gross Income $4,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,190

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 19.52
  • Year Built: 1943
  • Annual Specials: 19.52
  • Estimated TFLA: 2116
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Carpet
  • Basement: Yes - Unfinished
  • Number Of Stories: One

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: Street Parking

Utilities

  • Cooling: Central Electric
  • Flood Insurance: Unknown
  • Utilities: Public, Septic, Sewer

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Linwood
  • Middle School: Mead
  • High School: East
  • Elementary School: Linwood
  • High School: East

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 8678
  • Geo ADDRESS Line: 618 S Kansas St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick
  • Geo Subdivision: KS
  • Geo Update: 02/09/2018
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 08712-82702201001.00
  • General Taxes: 1138.78
  • General Tax Year: 2016

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Gross Income: 4620

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jul 9, 2016
Sold by
Orozco Jody
Bought by
Vector Investments Group Llc
Seller's Agent
Adam Crowder
Coldwell Banker Plaza Real Estate
Buyer's Agent
Mike Grbic
EXP Realty, LLC
List Price
$85,000
Current Estimated Value
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$61,500
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2013
Sold by
House Hunters Llc
Bought by
Orozco Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Crown Richard A and Crown Marilyn B
Bought by
Aylesworht Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
6.29%
Mortgage Type
New Conventional
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
Vector Investments Group Llc -- Security 1St Title
Orozco Jody -- Security 1St Title
Aylesworht Allan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1700 Holdings Llc $3,620,550
Closed Vector Investments Group Llc $61,500
Previous Owner Orozco Jody $60,000
Previous Owner Aylesworht Allan $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2018 02/08/18 Sold -- -- --
01/24/2018 01/24/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $72,500 0.0% $34 / Sq Ft
12/28/2017 12/28/17 Price Changed $72,500 -9.3% $34 / Sq Ft
12/14/2017 12/14/17 Off Market -- -- --
09/13/2017 09/13/17 For Sale $79,900 -6.0% $38 / Sq Ft
08/10/2016 08/10/16 Sold -- -- --
06/21/2016 06/21/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $85,000 -- $40 / 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 $1,190 $13,352 $2,622 $10,730
2023 $1,190 $11,731 $1,760 $9,971
2022 $966 $8,901 $1,656 $7,245
2021 $2,016 $9,074 $1,012 $8,062
2020 $983 $8,556 $1,012 $7,544
2019 $946 $8,223 $1,012 $7,211
2018 $1,214 $10,546 $1,012 $9,534
2017 $1,163 $0 $0 $0
2016 $1,158 $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: 542173

South Central Kansas MLS

APN: 128-27-0-22-01-001.00