NOT LISTED FOR SALE

Estimated Value: $192,000 - $198,858

3 Beds
3 Baths
2,239 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 04, 2014

Current estimated payment $1,245/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Schweiter Park

About This Home

As of August 2014

This home has a lot of potential but will require a lot of work. Being sold as-is, Seller will make no repairs. Main unit has two bedrooms, two baths, a formal living room and dining room and family room. Upstairs has one bedroom. The bath is non-functioning at this time. Priced $35,000 under county appraisal, leaves plenty of room to build equity. Two doors for under $40,000 provides opportunity for good ROI. This home would also be perfect for a family residence with an apartment for a grown child on the back.

Last Listed By

Tonya Stephenson

Nikkel and Associates License #00231578 Listed on: 07/09/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1940

Lot Details

  • 7,000

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,239 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Schools

  • Jefferson Elementary School
  • Mead Middle School
  • East High School

Additional Features

  • 7,000 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electric, gas, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,828

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Estimated Age: 51 - 80 Years
  • Total Specials: 12.96
  • Year Built: 1940
  • Annual Specials: 12.96
  • Estimated TFLA: 2239
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Number Of Stories: Two

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Street Parking, Detached Garage
  • On Site Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Jefferson
  • Middle School: Mead
  • High School: East
  • Elementary School: Jefferson
  • High School: East

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 7000
  • Geo ADDRESS Line: 832 S Volutsia St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick Co.
  • Geo Subdivision: KS
  • Geo Update: 01/05/2015
  • Geo Zoom Level: 17

Rental Info

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

Tax Info

  • General Taxes: 1071.98
  • General Tax Year: 2013

Multi Family

  • Number Of Units: 2
  • Number Of 1 Bedroom Units: 1
  • Number Of 2 Bedroom Units: 1

MLS Schools

  • Middle School: Mead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2016
Sold by
Le Ngai Quang
Bought by
Iniguez Laura Guadalupe and Davidson Michael Edward
Total Days on Market
6
Current Estimated Value
$195,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,600
Outstanding Balance
$28,155
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$141,972

Purchase Details

Listed on
Jul 9, 2014
Closed on
Aug 5, 2014
Sold by
Hulse Patricia C
Bought by
Le Ngai Q and Le L
Seller's Agent
Tonya Stephenson
Nikkel and Associates
Buyer's Agent
CHI MCKANLAM
Keller Williams Signature Partners, LLC
List Price
$39,000
Sold Price
$31,500
Premium/Discount to List
-$7,500
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%

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
Iniguez Laura Guadalupe -- None Available
Le Ngai Q -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iniguez Laura Guadalupe $43,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold -- -- --
07/15/2014 07/15/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $39,000 -- $17 / 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 $1,828 $17,400 $1,702 $15,698
2022 $1,774 $15,135 $1,599 $13,536
2021 $1,766 $14,548 $955 $13,593
2020 $1,646 $13,456 $955 $12,501
2019 $1,538 $12,513 $955 $11,558
2018 $1,461 $11,846 $955 $10,891
2017 $1,288 $0 $0 $0
2016 $1,268 $0 $0 $0
2015 $398 $0 $0 $0
2014 $978 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 370132

South Central Kansas MLS

APN: 128-27-0-14-05-008.00