NOT LISTED FOR SALE

7131 E Gilbert St Wichita, KS 67207

Eastridge Neighborhood

Estimated Value: $140,000

2 Beds
1 Bath
983 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 28, 2020

Current estimated payment $832/month

15 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Brick or Stone Mason

About This Home

As of September 2020

ONLINE ONLY AUCTION! LEASED RESIDENTIAL INVESTMENT, MOTIVATED SELLER, GREAT LOCATION, TURNKEY INVESTMENT. This is a great opportunity to purchase a clean newly leased residential home. The new tenant is moving in September 15th, 2020. The monthly lease rate is $875/mo ($750 rent and $125 pet fees). The home consists of two bedrooms, one bath, fenced in yard, 1 car garage, hardwood floors and laundry hookups. The home is located in a cozy neighborhood while still being located near Highway 400, businesses and surrounding amenities. This is truly a turnkey rental for an investor looking to add to their portfolio. The property is being offered at auction Online Only. There is NOT a buyers premium on this sale. The sale is subject to seller confirmation. Bidding is open and closes on Friday, September, 11th at 2pm. Bidding will remain open until 1 minute has passed without receiving an acceptable bid. Sale is as is, where is with no contingencies. At the conclusion of the auction, the successful bidder will be required to deposit $5,000.00 as earnest deposit and sign a purchase contract. Closing will occur within 30 days from the execution of the auction contract. The lease will be a part of the purchase contract. One or more members of the selling entity is a licensed real estate agent in the state of Kansas.

Last Agent to Sell the Property

Jake Steven

Reece Nichols South Central Kansas License #00233519 Listed on: 08/28/2020

Reece Nichols South Central Kansas

Co-Listed By

John Rupp

Reece Nichols South Central Kansas License #00218171

Last Buyer's Agent

Jake Steven

Reece Nichols South Central Kansas License #00233519 Listed on: 08/28/2020

Reece Nichols South Central Kansas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1953

Lot Details

  • 9,315 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Composition Roof

Interior Spaces

  • 983 Sq Ft Home
  • Formal Dining Room
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Clark Elementary School
  • Curtis Middle School
  • Southeast High School

Utilities

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

Community Details

  • Eastridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$816

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Single Family Onsite Blt
  • Architecture: Ranch
  • Estimated Age: 51 - 80 Years
  • Total Specials: 7.8
  • Year Built: 1953
  • Annual Specials: 7.8
  • Estimated AGLA: 983
  • Estimated TFLA: 983
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Master Bedroom: Dimensions: 9 x 12, On Level: Main, Flooring: Wood
  • AG Bedrooms: 2
  • Total Bathrooms: 1
  • AG Full Bathrooms: 1
  • Total Full Baths: 1
  • Basement Foundation: Crawl Space
  • Dining Area: Formal
  • Kitchen: Dimensions: 8 x 11, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 11 x 21, On Level: Main, Flooring: Wood
  • Room 4: Dining Room, Dimensions: 9 x 11, On Level: Main, Flooring: Wood
  • Room 5: Bedroom, Dimensions: 9 x 11, On Level: Main, Flooring: Wood
  • Room 6: Laundry, Dimensions: 9 x 8, On Level: Main, Flooring: Vinyl
  • Levels: One Story

Exterior Features

  • Construction: Masonry-Brick
  • Roof: Composition

Garage/Parking

  • Garage: Attached
  • Garage Size: 1

Utilities

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

Schools

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

Lot Info

  • Acreage: City Lot
  • Includes Lot Y/N: Yes
  • Lot Description: Standard
  • Lot Size Sq Ft: 9315
  • Number Of Acres: 0.21
  • Geo ADDRESS Line: 7131 E Gilbert St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 08/28/2020
  • Geo Zoom Level: 16

Rental Info

  • Currently Rented Y/N: Yes
  • Rental Amount: 875

Tax Info

  • General Property Taxes: 816.22
  • Assessor Parcel Number: 00000-00
  • General Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 24, 2020
Sold by
Bjt Properties Llc
Bought by
Rolling Ridge Properties Llc
Seller's Agent
Jake Steven
Reece Nichols South Central Kansas
Buyer's Agent
Jake Steven
Reece Nichols South Central Kansas
List Price
$64,500
Current Estimated Value
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%
Source: Public Records

Range of Values:

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Average Value
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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
Rolling Ridge Properties Llc -- Security 1St Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold -- -- --
09/12/2020 09/12/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $64,500 -- $66 / 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 $1,111 $12,294 $2,657 $9,637
2023 $1,111 $9,983 $1,783 $8,200
2022 $907 $8,602 $1,679 $6,923
2021 $842 $7,579 $1,035 $6,544
2020 $883 $7,901 $1,035 $6,866
2019 $824 $7,383 $1,035 $6,348
2018 $800 $7,165 $1,277 $5,888
2017 $800 $0 $0 $0
2016 $799 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake Steven

    Seller's Agent in 2020

    Jake Steven

    Reece Nichols South Central Kansas

    (316) 292-3972

    1 in this area

    281 Total Sales

    Jake Steven
    Section Image
  • John Rupp

    Seller Co-Listing Agent in 2020

    John Rupp

    Reece Nichols South Central Kansas

    (316) 260-5900

    1 in this area

    187 Total Sales

    John Rupp
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 585893

South Central Kansas MLS

APN: 119-30-0-13-01-012.00

Kansas Sedgwick County Wichita 67207 Eastridge

7131 E Gilbert St, Wichita, KS

This home is located at 7131 E Gilbert St, Wichita, KS 67207 since 28 August 2020 and is currently estimated at $140,000, approximately $142 per square foot. This property was built in 1953. 7131 E Gilbert St is a home located in Sedgwick County with nearby schools including Clark Elementary School, Curtis Middle School, and Wichita Southeast High School.

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South Central Kansas MLS 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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