NOT LISTED FOR SALE

827 S Terrace Dr Wichita, KS 67218

Fairfax Neighborhood

Estimated Value: $100,000 - $130,427

2 Beds
2 Baths
1,056 Sq Ft
$109/Sq Ft Est. Value

Last Sold July 31, 2020

Current estimated payment $727/month

8 Days on Market

Highlights

  • A-Frame Home
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of July 2020

This is a great investment property. Units are 100% electric, no gas ran to unit. It has been rented for the past 3 years consistently for $475 per side. The property needs nothing and is in immaculate condition. In 2016 the property was ripped down to the studs, and everything was replaced. From plumbing to the roof, everything is 3 years old. In 2018 we had an issue with the AC unit at 829, and decided to replace it with a Mini-Split unit. The original heater is still installed and functioning (the mini-split also heats well). There is off street parking in the back (4 spots, 2 per unit) This unit is being sold by a License REALTOR in the state of Kansas.

Last Agent to Sell the Property

Nicholas Knabe

Keller Williams Hometown Partners License #00241740 Listed on: 05/28/2020

Last Buyer's Agent

Josh Roy

Keller Williams Hometown Partners License #00053413

Keller Williams Hometown Partners

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $757

Year Built

  • Built in 1942

Lot Details

  • 6,530 Sq Ft Lot

Home Design

  • A-Frame Home
  • Twin Home
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • 220 Volts In Laundry

Schools

  • Jefferson Elementary School
  • Curtis Middle School
  • Southeast High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Community Details

  • Purcells Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20173-127-26-0-14-05-015.00

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$757

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Twin Home Or 1/2 Duplex
  • Architecture: A-Frame
  • Property Condition Report: Yes
  • Estimated Age: 51 - 80 Years
  • Total Specials: 15.6
  • Year Built: 1942
  • Annual Specials: 15.6
  • Estimated AGLA: 1056
  • Estimated TFLA: 1056
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Microwave, Refrigerator, Range/Oven
  • Total Bedrooms: 2
  • Master Bedroom: Dimensions: 11x15, On Level: Main, Flooring: Carpet
  • Master Bedroom Features: Master Bdrm On Main Level
  • AG Bedrooms: 2
  • Total Bathrooms: 2
  • AG Full Bathrooms: 2
  • Total Full Baths: 2
  • Basement Foundation: Crawl Space
  • Dining Area: Living/Dining Combo
  • Kitchen: Dimensions: 7x11, On Level: Main, Flooring: Tile
  • Kitchen Features: Range Hood
  • Living Room: Dimensions: 12x11, On Level: Main, Flooring: Carpet
  • Room 4: Laundry, Dimensions: 5x10, On Level: Main, Flooring: Tile
  • Levels: One Story

Exterior Features

  • Construction: Frame W/Less Than 50% Mas
  • Roof: Composition

Utilities

  • Cooling: Central, Window/Wall Unit, Other/See Remarks
  • Flood Insurance: Unknown
  • Heating: Forced Air
  • Laundry: Main Floor, 220-Electric
  • Utilities: Public Water

Schools

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

Lot Info

  • Acreage: City Lot
  • Includes Lot Y/N: Yes
  • Lot Description: Standard
  • Lot Size Sq Ft: 6,530
  • Number Of Acres: 0.15
  • Geo ADDRESS Line: 827 S Terrace Dr
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 05/28/2020
  • Geo Zoom Level: 16

Rental Info

  • Rental Amount: 475

Tax Info

  • General Property Taxes: 757.26
  • Assessor Parcel Number: 20173-127-26-0-14-05-015.00
  • 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
Feb 21, 2017
Closed on
Mar 28, 2017
Sold by
Elm Street Properties Llc
Bought by
Knabe Nicholas P
Seller's Agent
Dan Madrigal
Berkshire Hathaway PenFed Realty
Buyer's Agent
Michelle Leeper
Berkshire Hathaway PenFed Realty
List Price
$65,000
Current Estimated Value
$115,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$45,000
Outstanding Balance
$37,563
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$80,826
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
Knabe Nicholas P -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knabe Nicholas P $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Price Changed $77,600 -3.0% $73 / Sq Ft
07/31/2020 07/31/20 Sold -- -- --
06/05/2020 06/05/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $80,000 +23.1% $76 / Sq Ft
03/28/2017 03/28/17 Sold -- -- --
02/22/2017 02/22/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $65,000 +311.1% $62 / Sq Ft
03/11/2016 03/11/16 Sold -- -- --
03/03/2016 03/03/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $15,812 -- $15 / 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 $1,091 $11,512 $2,496 $9,016
2023 $1,091 $10,178 $1,691 $8,487
2022 $998 $9,327 $1,599 $7,728
2021 $954 $8,476 $955 $7,521
2020 $855 $7,591 $955 $6,636
2019 $773 $6,878 $955 $5,923
2018 $749 $6,682 $955 $5,727
2017 $750 $0 $0 $0
2016 $382 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nicholas Knabe

    Keller Williams Hometown Partners

    Section Image
  • Josh Roy

    Buyer's Agent in 2020

    Josh Roy

    Keller Williams Hometown Partners

    (316) 799-8615

    5 in this area

    1,936 Total Sales

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  • Dan Madrigal

    Seller's Agent in 2017

    Dan Madrigal

    Berkshire Hathaway PenFed Realty

    (316) 990-0184

    1 in this area

    374 Total Sales

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  • Michelle Leeper

    Buyer's Agent in 2017

    Michelle Leeper

    Berkshire Hathaway PenFed Realty

    (316) 209-6232

    269 Total Sales

    Section Image
  • Braden McCurdy

    Seller's Agent in 2016

    Braden McCurdy

    McCurdy Real Estate & Auction, LLC

    (316) 867-3600

    1 in this area

    637 Total Sales

    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 581717

South Central Kansas MLS

APN: 127-26-0-14-05-015.00

Kansas Sedgwick County Wichita 67218 Fairfax

827 S Terrace Dr, Wichita, KS

This home is located at 827 S Terrace Dr, Wichita, KS 67218 since 28 May 2020 and is currently estimated at $115,214, approximately $109 per square foot. This property was built in 1942. 827 S Terrace Dr is a home located in Sedgwick County with nearby schools including Jefferson Elementary School, Curtis Middle School, and Wichita Southeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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