NOT LISTED FOR SALE

8513 W Thurman St Unit 2 Wichita, KS 67212

West Wichita Neighborhood

Estimated Value: $271,000

3 Beds
2 Baths
1,428 Sq Ft
$75/mo HOA Fee

Last Sold August 08, 2023

Current estimated payment $1,618/month

3 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Combination Kitchen and Dining Room
  • Patio
  • Forced Air Heating and Cooling System
  • Storm Doors

About This Home

As of August 2023

This investment opportunity presents a 3-bedroom, 2-full bath condo located in West Wichita. The condo features an open kitchen that flows into the dining area, a spacious living room, and a fenced yard. It has been updated with newer heating and air systems, a dishwasher, a stove, and a fence. The property currently has a tenant with a year lease in place, providing a reliable rental income of $1,050.00 per month. The Homeowners Association (HOA) covers exterior maintenance, trash removal, snow removal, and front lawn care, alleviating some responsibilities for the owner. The opportunity includes the sale of Unit 3 in conjunction with this unit, priced at a total of $220,000.00. While this investment appears promising, it is crucial to consider additional factors such as the overall condition of the units, the location, market trends, and potential for future appreciation. It is advisable to seek guidance from a real estate professional or financial advisor to evaluate the investment based on your specific circumstances and objectives.

Last Agent to Sell the Property

Sissy Koury

Berkshire Hathaway PenFed Realty License #SP00229151 Listed on: 06/10/2023

Last Buyer's Agent

Jamie Hanson

LPT Realty, LLC License #00232505

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $845

Year Built

  • Built in 1981

Lot Details

  • Wood Fence

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Home Security

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Kensler Elementary School
  • Wilbur Middle School
  • Northwest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 132090330200119

Community Details

Overview

  • Association fees include exterior maintenance, lawn service, snow removal, trash
  • Northwest Village Subdivision

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$845

Year Built

Built in 1981

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: Residential
  • Architecture: Ranch
  • Estimated Age: 36 - 50 Years
  • Total Specials: 8.38
  • Year Built: 1981
  • Annual Specials: 8.38
  • Estimated AGLA: 816
  • Estimated BFA: 612
  • Estimated TFLA: 1428
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven
  • Total Bedrooms: 3
  • Master Bedroom: Dimensions: 13.10x10, On Level: Main, Flooring: Carpet
  • Master Bedroom Features: Master Bdrm On Main Level
  • AG Bedrooms: 2
  • Total Bathrooms: 2
  • AG Full Bathrooms: 1
  • Total Full Baths: 2
  • Basement: Yes - Finished
  • Basement Finished: 1 Bedroom, 1 Bath, Bsmt Rec/Family Room
  • Basement Foundation: Full, Day Light
  • Dining Area: Kitchen/Dining Combo
  • Kitchen: Dimensions: 19x10, On Level: Main, Flooring: Wood Laminate
  • Kitchen Features: Range Hood, Electric Hookup
  • Living Room: Dimensions: 15.10x12.11, On Level: Main, Flooring: Wood Laminate
  • Room 4: Bedroom, Dimensions: 10.8x9, On Level: Main, Flooring: Carpet
  • Room 5: Family Room, Dimensions: 19.5x15.5, On Level: Basement, Flooring: Concrete
  • Room 6: Bedroom, Dimensions: 13.3x10.5, On Level: Basement, Flooring: Carpet
  • Levels: One Story

Exterior Features

  • Construction: Frame W/Less Than 50% Mas
  • Exterior Amenities: Patio, Fence-Wood, Guttering, Sidewalks, Storm Door(s)
  • Roof: Composition

Utilities

  • Cooling: Central, Electric
  • Flood Insurance: Unknown
  • Heating: Forced Air, Gas
  • Laundry: Basement, Separate Room, 220-Electric
  • Utilities: Sewer, Natural Gas, Public Water

Condo/Co-op/Association

  • HOA Fees Include: Exterior Maintenance, Lawn Service, Snow Removal, Trash
  • HOA YN: Yes
  • Annual HOA Fees: 900

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Kensler
  • Middle School: Wilbur
  • High School: Northwest
  • Elementary School: Kensler
  • High School: Northwest

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Description: Standard
  • Lot Size Sq Ft: not applic
  • Geo ADDRESS Line: 8513 W Thurman St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 06/10/2023
  • Geo Zoom Level: 16

Rental Info

  • Currently Rented Y/N: Yes
  • Rental Amount: 1050

Tax Info

  • General Property Taxes: 844.58
  • Assessor Parcel Number: 132090330200119
  • General Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Aug 9, 2023
Sold by
Drm Properties Inc
Bought by
Elite Ict Investments Llc
Seller's Agent
Sissy Koury
Berkshire Hathaway PenFed Realty
Buyer's Agent
Jamie Hanson
LPT Realty, LLC
List Price
$110,000
Views
59
Current Estimated Value
$271,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.80%
Original Mortgage
$176,000
Outstanding Balance
$171,914
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$99,086

Purchase Details

Closed on
Oct 14, 2020
Sold by
Jkb Management Llc
Bought by
Mcmahon Drew M and Mcmahon Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 2, 2019
Sold by
Bradley Jason K and Bradley Kristin
Bought by
Jkb Management Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Elite Ict Investments Llc -- Security 1St Title
Mcmahon Drew M -- Security 1St Title
Jkb Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elite Ict Investments Llc $176,000
Previous Owner Mcmahon Drew M $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold -- -- --
06/13/2023 06/13/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $110,000 +46.7% $77 / Sq Ft
03/20/2019 03/20/19 Sold -- -- --
03/10/2019 03/10/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $75,000 -- $53 / 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 $1,273 $13,582 $1,518 $12,064
2023 $1,273 $9,223 $736 $8,487
2022 $853 $8,136 $690 $7,446
2021 $907 $8,136 $690 $7,446
2020 $886 $7,924 $690 $7,234
2019 $758 $6,820 $690 $6,130
2018 $728 $6,555 $690 $5,865
2017 $729 $0 $0 $0
2016 $698 $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: 626209

South Central Kansas MLS

APN: 132-09-0-33-02-001.19