NOT LISTED FOR SALE

849 S Beverly Dr Unit 851, 853, 855 Wichita, KS 67218

Fabrique Neighborhood

Estimated Value: $164,000

6 Beds
4 Baths
2,456 Sq Ft
$67/Sq Ft Est. Value

Last Sold April 15, 2020

Current estimated payment $995/month

4 Days on Market

About This Home

As of April 2020

Investor's dream! This 4-plex has been nicely updated and is fully occupied. The property includes two 1-bedroom units and two 2-bedroom units. The owners have taken great care of the property and updated with new floors, new appliances, some new windows, new camera security system, new electrical panels, new electric hot water heaters, and more! A secure 1,228 sq ft basement with separate entrance houses the water heaters, electrical panels and security system and provides tons of storage. This property cash-flows! When vacancies occur, it rents very quickly but has multiple long-term tenants that want to stay. Don't miss this great investment opportunity!

Last Agent to Sell the Property

Marcus Baysinger

At Home Wichita Real Estate License #00239418 Listed on: 03/03/2020

Last Buyer's Agent

Ashley Collins

Asher House Realty License #00235647

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,304

Year Built

  • Built in 1941

Lot Details

  • 8,972 Sq Ft Lot

Home Design

  • Side-by-Side
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,456 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Unfinished Basement

Parking

  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Caldwell Elementary School
  • Curtis Middle School
  • Southeast High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Community Details

  • 4 Units
  • Gross Income $18,000

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash, water/sewer
  • Assessor Parcel Number 20173-127-25-0-24-06-001.00-L

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,304

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Year Built: 1941
  • Annual Specials: 31.2
  • Estimated TFLA: 2456
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Basement: Yes - Unfinished
  • Basement Finished Percent: Storage
  • Basement Use: Owner Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Vinyl
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Street Parking
  • On Site Parking Spaces: 4

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Floor Furnace
  • Utilities: Public, Sewer

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 8972
  • Geo ADDRESS Line: 849 S Beverly Dr
  • Geo PRIMARY City: Wichita
  • Geo Quality: 1
  • Geo Subdivision: KS
  • Geo Update: 03/03/2020
  • Geo Zoom Level: 18

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-127-25-0-24-06-001.00-L
  • General Taxes: 391
  • General Tax Year: 2019

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 2
  • Number Of 2 Bedroom Units: 2
  • Rent Per Unit 1 Bedroom: 350
  • Rent Per Unit 2 Bedroom: 400
  • Gross Income: 18000

MLS Schools

  • Middle School: Curtis
  • School District: Wichita School District (USD 259)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Ccc Management Llc
Bought by
Gonzalez Jose Alvis
Current Estimated Value
$164,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Outstanding Balance
$114,112
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$33,888

Purchase Details

Closed on
Sep 1, 2021
Sold by
Vaughn Courtney R and Spees Kathy
Bought by
Ccc Management Llc

Purchase Details

Closed on
Mar 18, 2021
Sold by
Vaughn Courtney R and Vaughn Kathy Spees
Bought by
Vaughn Courtney R and Vaughn Kathy Spees

Purchase Details

Listed on
Mar 3, 2020
Closed on
Apr 14, 2020
Sold by
Jj Lewis Lp
Bought by
Vaughn Courtney R and Vaughn Kathy Spees
Seller's Agent
Marcus Baysinger
At Home Wichita Real Estate
Buyer's Agent
Ashley Collins
Asher House Realty
List Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$84,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 10, 2020
Sold by
Lewis Nathan L and Lewis Brooke L
Bought by
J J Lewis Lp

Purchase Details

Closed on
Nov 26, 2008
Sold by
Street Smart Prop Llc
Bought by
Lewis Nathan L and Lewis Brooke Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Gonzalez Jose Alvis -- Meridian Title
Ccc Management Llc -- Security 1St Title
Vaughn Courtney R -- None Listed On Document
Vaughn Courtney R -- Security 1St Title Llc
J J Lewis Lp -- None Available
Lewis Nathan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Jose Alvis $116,250
Previous Owner Vaughn Courtney R $84,000
Previous Owner Lewis Nathan L $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold -- -- --
03/07/2020 03/07/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $99,000 -- $40 / 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 $1,304 $17,561 $2,645 $14,916
2023 $1,304 $11,247 $1,771 $9,476
2022 $1,102 $10,079 $1,668 $8,411
2021 $1,342 $11,676 $1,024 $10,652
2020 $391 $3,483 $506 $2,977
2019 $392 $3,483 $506 $2,977
2018 $386 $3,483 $506 $2,977
2017 $431 $0 $0 $0
2016 $426 $0 $0 $0
2015 $437 $0 $0 $0
2014 $574 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 578202

South Central Kansas MLS

APN: 127-25-0-24-06-001.00L