NOT LISTED FOR SALE

Estimated Value: $175,000 - $245,367

6 Beds
4 Baths
3,704 Sq Ft
$57/Sq Ft Est. Value

Last Sold January 06, 2023

Current estimated payment $1,222/month

23 Days on Market

Highlights

  • 4 Car Attached Garage
  • Fenced
  • 1-Story Property
  • Central Air

About This Home

As of January 2023

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON NOVEMBER 3RD. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Great investment opportunity located in southwest Wichita near Friends and Newman University! This 3-bedroom, 2-bathroom duplex has one side rented at $1,000 per month with a potential annual income of $24,000!!! The exteriors include an attached one-car garage, off-street parking, and fenced-in backyards. Inside, you will notice they each offer open floor plans with vaulted ceilings and skylights in the living room, along with a stone fireplace! They have galley-style kitchens with a refrigerator and stove transferring in each unit. Two bedrooms and a full bathroom complete the main level. Both sides offer finished basements with a bathroom, bedroom, family room, and storage space with washer/dryer hookups.  The duplex to the north (735 & 737 S. Custer) is also being offered high bidder's choice! Don't miss out on this wonderful opportunity to add income-producing properties to your rental portfolio. More info and photos coming soon!  *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $7,500

Last Agent to Sell the Property

Isaac Klingman

McCurdy Real Estate & Auction, LLC License #00244279 Listed on: 10/11/2022

Last Buyer's Agent

Amanda Rempe

LPT Realty, LLC License #00216770

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $917

Year Built

  • Built in 1979

Lot Details

  • 9,008 Sq Ft Lot
  • Fenced

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,704 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Disposal

Parking

  • 4 Car Attached Garage
  • Over 1 Space Per Unit
  • On-Street Parking

Schools

  • Lawrence Elementary School
  • Hadley Middle School
  • West High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for trash
  • Assessor Parcel Number 08713-7-25-0-13-02-035.00

Community Details

Overview

  • 2 Units
  • Roann Addition Subdivision

Building Details

  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$917

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 36 - 50 Years
  • Total Specials: 15.8
  • Year Built: 1979
  • Annual Specials: 15.8
  • Estimated TFLA: 3704
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Disposal, Over/Range, Refrigerator
  • Floors: Carpet
  • Basement: Yes - Partially Finished
  • Basement Finished Percent: Bath(s), Bedroom(s), Daylight Window(s), Family Room, Storage
  • Basement Use: Tenant Laundry, Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit, Street Parking, Attached Garage
  • On Site Parking Spaces: 4

Utilities

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

Association/Amenities

  • Safety Features: Fencing

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Lawrence
  • Middle School: Hadley
  • High School: West
  • Elementary School: Lawrence
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 9008
  • Geo ADDRESS Line: 741 S Custer Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 10/21/2022
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 08713-7-25-0-13-02-035.00
  • General Taxes: 1146.79
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 2
  • Number Of 3 Bedroom Units: 2
  • Rent Per Unit 3 Bedroom: 1000
  • Gross Income: 12000

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

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold -- -- --
11/03/2022 11/03/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $214,500 -- $58 / 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 $917 $9,957 $2,622 $7,335
2023 $917 $9,438 $2,277 $7,161
2022 $1,070 $9,946 $2,151 $7,795
2021 $1,163 $10,270 $1,748 $8,522
2020 $1,128 $9,936 $1,748 $8,188
2019 $1,096 $9,649 $1,748 $7,901
2018 $1,032 $9,100 $1,507 $7,593
2017 $1,127 $0 $0 $0
2016 $1,124 $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: 618196

South Central Kansas MLS

APN: 137-25-0-13-02-035.00