$240,000
SOLD OCT 31, 2024
Last list price
-- Bed
-- Bath
2,876 Sq Ft
0.53 Acres

Recently Sold

$83 Per Sq Ft

15 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Great investment opportunity. Full brick fouplex in east Wichita at Kellogg and Woodlawn. Two 2 Bedroom units with central air conditioning and two 1 bedroom units with window air conditioning. Tenants pay for electric and gas for their unit. Owner pays for lawn maintenance, water and gas for water heater (one water heater is shared by all units, located in shared basement) Seller reports these units are easy to rent and rarely vacant for long. Off street parking in back of unit. These are great cash flowing units, will need 24 hours notice for showings.

Last Agent to Sell the Property

Boone Downing

Keller Williams Signature Partners, LLC License #00243217 Listed on: 09/02/2024

Keller Williams Signature Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1949

Parking

  • 4 Parking Spaces

Home Design

  • 2,876 Sq Ft Home
  • Brick Veneer
  • Composition Roof

Kitchen

  • Oven or Range

Schools

  • Clark Elementary School
  • Southeast High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for lawn maintenance, trash collection, water/sewer
  • Assessor Parcel Number 00167416

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Eastridge 3Rd Subdivision

Building Details

  • Gross Income $2,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,450

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub-Type: Four to Sixplex
  • Co List Office Phone: 316-681-3600
  • Ownership: Individual
  • MLS Status: Sold-Co-Op w/mbr
  • Subdivision Name: EASTRIDGE 3RD
  • Architectural Style: Side by Side
  • Tax Year: 2023
  • FloodInsurance: Unknown
  • TransactionType: For Sale
  • ShortSaleYN: No
  • BasementUse: Tenant Storage
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Unfinished

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Veneer

Garage/Parking

  • Parking Features: 1 per Unit
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric, Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Utilities: Gas, Public, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Clark
  • High School: Southeast
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Curtis

Lot Info

  • Parcel Number: 00167416

Rental Info

  • Owner Pays: Lawn Maintenance, Trash Collection, Water/Sewer

Multi Family

  • Gross Income: 2550
  • Number Of Units Total: 4
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1449.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2024
Closed on
Nov 19, 2024
Sold by
Lemaster Jeremy and Lemaster Jaclyn
Bought by
3Jam Rentals Llc
Seller's Agent
Boone Downing
Keller Williams Signature Partners, LLC
List Price
$240,000
Views
20
Current Estimated Value
$226,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$167,405
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$58,077

Purchase Details

Listed on
Sep 2, 2024
Closed on
Oct 30, 2024
Sold by
Hambleton Justin D
Bought by
Lemaster Jeremy
Seller's Agent
Boone Downing
Keller Williams Signature Partners, LLC
List Price
$240,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$167,405
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$58,077

Purchase Details

Closed on
Dec 8, 2022
Sold by
Hambleton Justin D
Bought by
Hambleton Justin D and Justin D Hambleton Trust

Purchase Details

Closed on
Feb 23, 2011
Sold by
Millsap Charles John and Millsap Berniece Lavon
Bought by
Federal National Mortgage Association
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 Type Sale Price Title Company
Quit Claim Deed -- Security 1St Title
Quit Claim Deed -- Security 1St Title
Warranty Deed -- Security 1St Title
Deed -- None Listed On Document
Sheriffs Deed $89,453 Ctc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,750 New Conventional
Previous Owner $135,000 New Conventional
Previous Owner $65,136 Future Advance Clause Open End Mortgage
Previous Owner $74,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold -- -- --
09/17/2024 09/17/24 Pending -- -- --
09/02/2024 09/02/24 For Sale $240,000 +23.1% $83 / Sq Ft
09/29/2022 09/29/22 Sold -- -- --
08/28/2022 08/28/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $195,000 +376.8% $68 / Sq Ft
09/20/2012 09/20/12 Sold -- -- --
07/31/2012 07/31/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $40,900 -- $14 / 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 $1,895 $19,689 $3,278 $16,411
2023 $1,895 $13,134 $2,082 $11,052
2022 $1,117 $10,213 $1,967 $8,246
2021 $991 $8,660 $1,357 $7,303
2020 $995 $8,660 $1,357 $7,303
2019 $931 $8,097 $2,703 $5,394
2018 $927 $8,097 $2,703 $5,394
2017 $904 $0 $0 $0
2016 $855 $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: 644047

South Central Kansas MLS

APN: 119-30-0-22-03-007.00