NOT LISTED FOR SALE

Estimated Value: $79,000 - $97,000

5 Beds
1 Bath
2,842 Sq Ft
$31/Sq Ft Est. Value

Last Sold May 03, 2024

Current estimated payment $533/month

5 Days on Market

Highlights

  • Wood Flooring
  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Four Sided Brick Exterior Elevation

About This Home

As of May 2024

Don't miss your chance to boost your earnings with this full brick triplex boasting a durable metal roof. The main level presents a generous 3-bedroom, 1-bathroom layout complete with a utility room, well-appointed kitchen with stove and refrigerator, and a spacious living/dining area featuring a cozy fireplace. Enjoy year-round comfort with central heating and air, along with the added bonus of an enclosed porch. Upstairs, discover two 1-bedroom, 1-bathroom units with the potential to convert one into a 2-bedroom space. Additional highlights include oak wood floors, two entryways for convenience, and a shared balcony for relaxation. The property also offers ample parking space, ensuring convenience for tenants. With a gross annual rent, the main floor commands $750, while the upper level units fetch $550 and $650 respectively. Seize this income opportunity today – contact the listing agent now! Property being sold in as is condition, conventional or cash financing only!

Last Agent to Sell the Property

Lacey Pool

NextHome Together Brokerage Phone: 620-506-7488 License #00238447 Listed on: 03/28/2024

Last Buyer's Agent

Lacey Pool

NextHome Together Brokerage Phone: 620-506-7488 License #00238447 Listed on: 03/28/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1920

Lot Details

  • 6,534

Home Design

  • 2,842 Sq Ft Home
  • Triplex
  • Metal Roof
  • Four Sided Brick Exterior Elevation

Kitchen

  • Oven or Range

Flooring

  • Wood
  • Carpet

Parking

  • 4 Car Detached Garage
  • On-Street Parking

Schools

  • I X L Elementary School
  • Arkansas City High School

Utilities

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

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for electricity, lawn maintenance, trash collection, water/sewer
  • Assessor Parcel Number 018-299-31-0-20-10-006.00-0

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Mr Leonards Addition Subdivision

Building Details

  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$606

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Property Sub-Type: Triplex
  • Attribution Contact: CELL: 620-506-7488
  • Co List Office Phone: 620-307-6550
  • Ownership: Individual
  • MLS Status: Sold-Inner Office
  • Subdivision Name: MR LEONARDS ADDITION
  • Architectural Style: Other
  • Tax Year: 2023
  • FloodInsurance: Unknown
  • TransactionType: For Sale
  • ShortSaleYN: No
  • BasementUse: Owner Storage
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Unfinished
  • Flooring: Carpet, Wood

Exterior Features

  • Roof: Metal
  • Construction Type: Brick Full

Garage/Parking

  • Parking Features: 1 per Unit, Street Parking, Detached Garage
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: I X L
  • High School: Arkansas City
  • Junior High Dist: Arkansas City School District (USD 470)
  • Middle Or Junior School: Arkansas City

Lot Info

  • Parcel Number: 018-299-31-0-20-10-006.00-0

Rental Info

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

Multi Family

  • Gross Income: 23400
  • Number Of Units Total: 3
  • Tenant Pays: Gas

Tax Info

  • Tax Annual Amount: 605.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2018
Closed on
Mar 4, 2019
Sold by
Cook Carol Ann
Bought by
Pool Lacey Michelle
Seller's Agent
Rick Rush
The Property Shop
Buyer's Agent
Lacey Pool
NextHome Together
List Price
$45,000
Current Estimated Value
$88,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%
Original Mortgage
$32,000
Outstanding Balance
$28,190
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$59,810
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
Pool Lacey Michelle -- Security 1St Title
Cook Carol Ann -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Carol Ann $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold -- -- --
04/03/2024 04/03/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $99,900 +122.0% $35 / Sq Ft
03/05/2019 03/05/19 Sold -- -- --
01/11/2019 01/11/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $45,000 -- $16 / 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 $646 $9,028 $869 $8,159
2024 $646 $4,087 $869 $3,218
2023 $606 $3,649 $681 $2,968
2022 $602 $3,145 $643 $2,502
2021 $602 $3,208 $453 $2,755
2020 $599 $3,183 $265 $2,918
2019 $594 $3,182 $174 $3,008
2018 $754 $3,999 $196 $3,803
2017 $374 $2,075 $196 $1,879
2016 $393 $2,228 $114 $2,114
2015 -- $2,082 $114 $1,968
2014 -- $2,642 $115 $2,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 637050

South Central Kansas MLS

APN: 299-31-0-20-10-006.00-0