NOT LISTED FOR SALE

705 N Washington St Spring Hill, KS 66083

Estimated Value: $237,000 - $324,000

4 Beds
2 Baths
1,288 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 04, 2015

Current estimated payment $1,717/month

71 Days on Market

Highlights

  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2015

Great investment property with long standing, successful history. Priced for entry level investors this duplex in Spring Hill generates good income. One tenant on month-to-month at $525/mo has been there 10+ years and the other at $545/mo with lease ending in Sept. New roof on separate out building - left 2 units go with this duplex. Parking lot is common and will be getting 10T of gravel before closing. New HVAC on both units last year. Leases, etc available with acceptable offer.

Last Agent to Sell the Property

Chris Lengquist

Ad Astra Realty License #BR00222587 Listed on: 05/26/2015

Co-Listed By

Jimmy Geisler

Ad Astra Realty License #2014028823

Last Buyer's Agent

Corrinne Geisler

KW Diamond Partners License #2014029542

KW Diamond Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 1979

Lot Details

  • 9,017

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Additional Features

  • 1-Story Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number EP10000045 0003

Community Details

Overview

  • 2 Units
  • Spring Hill Subdivision

Building Details

  • Gross Income $12,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,068

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 31-40 Years
  • Legal Description: SPRING HILL LT 3 BLK 45 SPC 447 2
  • Package: No
  • Year Built: 1979
  • Co List Office Mls Id: ADAR
  • Co List Office Name: Ad Astra Realty
  • Co List Office Phone: 913-815-3473
  • Down Payment Deprecated: Yes
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Chris Lengquist
  • List Office Mls Id: ADAR
  • List Office Name: Ad Astra Realty
  • List Office Phone: 913-815-3473
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 1068
  • Special Documents Required: No
  • Tax Total Amount: 1068
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage: No
  • Parking Features: Other
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Spring Hill

Lot Info

  • In Floodplain: Unknown
  • Zoning: unknow
  • Parcel Number: EP10000045 0003
  • Subdivision Name: Spring Hill

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 12840
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1068.00

MLS Schools

  • School District: Spring Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2015
Closed on
Sep 4, 2015
Sold by
Fry Larry R
Bought by
Mcmillin Richard J and Mcmillin Tamara E
Seller's Agent
Chris Lengquist
Ad Astra Realty
Buyer's Agent
Corrinne Geisler
KW Diamond Partners
List Price
$115,000
Current Estimated Value
$280,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$78,187
Outstanding Balance
$61,432
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$218,793

Purchase Details

Closed on
Feb 3, 2004
Sold by
Wessel Don E and Wessel Betty R
Bought by
Fry Larry R and Fry Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Mcmillin Richard J -- Platinum Title Llc
Fry Larry R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillin Richard J $78,187
Closed Mcmillin Richard J $78,187
Previous Owner Fry Larry R $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold -- -- --
08/05/2015 08/05/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $115,000 -- $89 / Sq Ft
Source: Heartland 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
2024 $2,772 $20,332 $4,869 $15,463
2023 $2,629 $19,366 $4,885 $14,481
2022 $2,315 $17,054 $4,440 $12,614
2021 $2,315 $16,537 $3,551 $12,986
2020 $2,249 $15,606 $3,227 $12,379
2019 $2,246 $15,559 $2,808 $12,751
2018 $2,122 $15,180 $2,808 $12,372
2017 $1,780 $12,673 $2,808 $9,865
2016 $1,686 $12,075 $2,808 $9,267
2015 $1,231 $8,889 $2,808 $6,081
2013 -- $8,705 $2,808 $5,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1940377

Heartland MLS

APN: EP10000045-0003