NOT LISTED FOR SALE

7709 W Cornelison St Unit 7711 Cornelison Wichita, KS 67212

West Wichita Neighborhood

Estimated Value: $212,779 - $386,000

6 Beds
3 Baths
3,296 Sq Ft
$91/Sq Ft Est. Value

Last Sold October 28, 2019

Current estimated payment $1,845/month

3 Days on Market

Highlights

  • 8 Car Attached Garage
  • Tile Flooring
  • 1-Story Property
  • Maize South Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

Great investment opportunity. Both sides currently rented with long term tenants. Current rental amounts are LOW for the area, should be $1200 or so per month per side. Each side has been well maintained both inside and out. Tenants take great care of the property. There is an HOA "club" that offers mowing and trash service for $50.00 per unit per month, no initiation fee. Schedule your private showing today and add this to your rental portfolio with instant equity.

Last Agent to Sell the Property

Kris Schumacher

Real Broker, LLC License #SP00227959 Listed on: 09/16/2019

Last Buyer's Agent

Adrian Mauk

Crown III Realty LLC License #SP00232317

Crown III Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1999

Lot Details

  • 0.34

Home Design

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

Interior Spaces

  • 3,296 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • 8 Car Attached Garage
  • Over 1 Space Per Unit

Schools

  • Maize
  • Maize Middle School
  • Maize High School

Additional Features

  • 0.34 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $26,340

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 12345-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,969

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 11 - 20 Years
  • Total Specials: 11.76
  • Year Built: 1999
  • Annual Specials: 11.76
  • Estimated TFLA: 3296
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

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

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: More Than 2 Per Unit, Attached Garage
  • On Site Parking Spaces: 8

Utilities

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

Association/Amenities

  • Safety Features: Smoke/Heat Detector, Sprinkler System

Schools

  • School District: Maize School District (USD 266)
  • Elementary School: Maize USD266
  • Middle School: Maize
  • High School: Maize
  • Elementary School: Maize USD266
  • High School: Maize

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 14808
  • Geo ADDRESS Line: 7709 W Cornelison Cir
  • Geo PRIMARY City: Wichita
  • Geo Quality: 1
  • Geo Subdivision: KS
  • Geo Update: 09/16/2019
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 12345-0000
  • General Taxes: 3364.37
  • General Tax Year: 2018

Multi Family

  • Number Of Units: 2
  • Number Of 3 Bedroom Units: 2
  • Rent Per Unit 3 Bedroom: 1100
  • Gross Income: 26340

MLS Schools

  • Middle School: Maize
  • School District: Maize School District (USD 266)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2020
Sold by
Schwind Dustin and Schwind Season
Bought by
Rise Properties Llc
Total Days on Market
3
Current Estimated Value
$299,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$176,327
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$53,063

Purchase Details

Closed on
Aug 13, 2018
Sold by
Coulter David Michael and Coulter David
Bought by
Coulter David Michael and Coulter Julia Rose Quon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Rise Properties Llc -- Security 1St Title
Coulter David Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rise Properties Llc $195,000
Previous Owner Coulter David Michael $87,750
Previous Owner Coulter David $83,300
Previous Owner Coulifer Danio $29,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold -- -- --
09/19/2019 09/19/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $269,900 -- $82 / 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
2023 $1,969 $17,210 $4,186 $13,024
2022 $2,106 $17,549 $3,956 $13,593
2021 $1,950 $16,101 $2,542 $13,559
2020 $1,891 $15,629 $2,542 $13,087
2019 $1,817 $15,031 $2,542 $12,489
2018 $1,743 $14,456 $2,105 $12,351
2017 $1,701 $0 $0 $0
2016 $1,633 $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: 572293

South Central Kansas MLS

APN: 132-09-0-11-05-008.01