NOT LISTED FOR SALE

Estimated Value: $230,597 - $277,000

4 Beds
2 Baths
3,390 Sq Ft
$75/Sq Ft Est. Value

Last Sold August 04, 2017

Current estimated payment $1,558/month

151 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Four Sided Brick Exterior Elevation
  • Fenced

About This Home

As of August 2017

Listing is being sold as a package with MLS 539029 (602-604), MLS 530931 (608-610), MLS 530935 (614-616) N RICHMOND. This deal sounds too good to be true. Don't miss this rare opportunity to own four side-by-side all brick duplexes close to Arkansas River, bike/walking paths, Sims Park, Botanica, Cowtown, and Riverside area! Duplexes feature full basements and sit on a 29586 Sq Ft. large lot. Great cash-flowing investment and great location make this a true can't miss opportunity to own multifamily in Wichita. Just check out the rent to price ratio and look forward to the days when you're sitting back collecting rent checks. At $169,750 per duplex you can't afford not to check this one out. Contact today. Basements include spacious family room and bonus room. Ask about Washer and Dryer appliances availability for units.

Last Agent to Sell the Property

Tom Depperschmidt

Berkshire Hathaway PenFed Realty License #00043460 Listed on: 02/08/2017

Last Buyer's Agent

Dee Brandt

Nikkel and Associates License #00233345

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1977

Lot Details

  • 7,086 Sq Ft Lot
  • Fenced

Home Design

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

Interior Spaces

  • 3,390 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Laundry in Basement
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Over 1 Space Per Unit

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 20173-136-24-0-11-01-008.01

Community Details

Overview

  • 2 Units
  • Invalid Subdivision Name

Building Details

  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,232

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 36 - 50 Years
  • Total Specials: 9.76
  • Year Built: 1977
  • Annual Specials: 9.76
  • Estimated TFLA: 3390
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Over/Range, Refrigerator, Washer
  • Floors: Carpet, Tile, Wood
  • Basement: Yes - Partially Finished
  • Basement Finished Percent: Bath(s), Family Room, Storage
  • Basement Use: Laundry
  • Number Of Stories: One

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: 1 1/2 Per Unit
  • On Site Parking Spaces: 3

Utilities

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

Association/Amenities

  • Safety Features: Fencing, 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: 7086
  • Geo ADDRESS Line: 620 N Richmond St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick Co.
  • Geo Subdivision: KS
  • Geo Update: 11/07/2017
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-136-24-0-11-01-008.01
  • General Taxes: 1700.65
  • General Tax Year: 2016

Multi Family

  • Number Of Units: 2
  • Number Of 2 Bedroom Units: 2
  • Rent Per Unit 2 Bedroom: 775
  • Gross Income: 18600

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Luxnest Llc $1,267,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold -- -- --
07/09/2017 07/09/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $169,750 -- $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 $2,232 $23,035 $2,611 $20,424
2023 $2,232 $18,688 $2,254 $16,434
2022 $1,863 $16,837 $2,128 $14,709
2021 $1,832 $16,031 $1,725 $14,306
2020 $1,787 $15,583 $1,725 $13,858
2019 $1,702 $14,835 $1,725 $13,110
2018 $1,637 $14,261 $1,484 $12,777
2017 $1,638 $0 $0 $0
2016 $1,710 $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: 530939

South Central Kansas MLS

APN: 136-24-0-11-01-008.01