NOT LISTED FOR SALE

8513 W Thurman St Unit 3 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 $1,606/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 in West Wichita appears to be promising. The condo features 3 bedrooms, 2 full baths, and a fenced yard, making it an attractive option for potential tenants. The current tenant has been in residence for almost 15 years and expresses a desire to continue renting, providing stability and consistent rental income. The rent is set at $850.00 per month, offering a reasonable return on investment. The property also has parking available, which is a convenient feature for both the tenant and potential future renters. The air conditioning system is relatively new, having been installed just 6 years ago, which suggests that it is in good working condition and may not require immediate replacement. One notable advantage is that the Homeowners Association (HOA) takes care of exterior maintenance, front yard cuts, trash removal, and snow removal. This reduces the owner's responsibility for these tasks and ensures that the property remains well-maintained. It is worth mentioning that this investment opportunity involves the sale of Unit 2 and Unit 3 together for a total price of $220,000.00. This could provide an advantage in terms of potential economies of scale and the ability to manage multiple properties in close proximity. Overall, this investment opportunity offers a combination of a long-term tenant, reasonable rental income, desirable property features, and the convenience of HOA-covered maintenance. However, it is still recommended to perform due diligence, assess the condition of the units, evaluate the local market, and consult with a real estate professional or financial advisor before making a final decision.

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

  • $911

Year Built

  • Built in 1981

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Family Room
  • Combination Kitchen and Dining Room
  • Dishwasher

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

Schools

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

Utilities

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

Additional Features

  • Patio
  • Wood Fence

Listing and Financial Details

  • Assessor Parcel Number 132090330200118

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

$911

Year Built

Built in 1981

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: Residential
  • Architecture: Ranch
  • Property Condition Report: Yes
  • 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
  • Total Bedrooms: 3
  • Master Bedroom: Dimensions: 13.9x10, On Level: Main, Flooring: Wood Laminate
  • 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, Bsmt Laundry
  • Basement Foundation: Full, Day Light
  • Dining Area: Kitchen/Dining Combo
  • Kitchen: Dimensions: 10x8, On Level: Main, Flooring: Wood Laminate
  • Living Room: Dimensions: 15.8x12.10, On Level: Main, Flooring: Wood Laminate
  • Room 4: Bedroom, Dimensions: 11x9, On Level: Main, Flooring: Wood Laminate
  • Room 5: Family Room, Dimensions: 17.5x15, On Level: Basement, Flooring: Wood Laminate
  • Room 6: Bedroom, Dimensions: 13x12.5, On Level: Basement, Flooring: Wood Laminate
  • Levels: One Story

Exterior Features

  • Construction: Frame W/Less Than 50% Mas
  • Exterior Amenities: Patio, Fence-Wood, 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
  • 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: 850

Tax Info

  • General Property Taxes: 911.46
  • Assessor Parcel Number: 132090330200118
  • 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
24
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
Jun 24, 2021
Sold by
Mcmahon Drew M and Mcmahon Rachael E
Bought by
Drm Properties Llc

Purchase Details

Closed on
Aug 9, 2007
Sold by
Hedges Charles E and Hedges Barbara D
Bought by
Pereira Mario L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Elite Ict Investments Llc -- Security 1St Title
Drm Properties Llc -- None Available
Pereira Mario L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elite Ict Investments Llc $176,000
Previous Owner Pereira Mario L $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Sold -- -- --
06/13/2023 06/13/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $110,000 +44.9% $77 / Sq Ft
08/02/2019 08/02/19 Sold -- -- -- View Prior Sale
07/25/2019 07/25/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $75,900 -- $54 / 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 $1,052 $10,810 $1,518 $9,292
2023 $1,052 $10,051 $736 $9,315
2022 $920 $8,717 $690 $8,027
2021 $0 $8,223 $690 $7,533
2020 $884 $7,912 $690 $7,222
2019 $769 $6,912 $690 $6,222
2018 $739 $6,647 $690 $5,957
2017 $740 $0 $0 $0
2016 $708 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sissy Koury

    Seller's Agent in 2023

    Sissy Koury

    Berkshire Hathaway PenFed Realty

    (316) 409-9955

    35 in this area

    230 Total Sales

    Sissy Koury
    Section Image
  • Jamie Hanson

    Buyer's Agent in 2023

    Jamie Hanson

    LPT Realty, LLC

    (316) 253-3573

    50 in this area

    564 Total Sales

    Jamie Hanson
    Section Image
  • Ryan White

    Buyer's Agent in 2019

    Ryan White

    Keller Williams Signature Partners, LLC

    (678) 772-3944

    3 in this area

    60 Total Sales

    Ryan White
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 626208

South Central Kansas MLS

APN: 132-09-0-33-02-001.18

Kansas Sedgwick County Wichita 67212 West Wichita

8513 W Thurman St Unit 3, Wichita, KS

This home is located at 8513 W Thurman St Unit 3, Wichita, KS 67212 since 10 June 2023 and is currently estimated at $271,000, approximately $189 per square foot. This property was built in 1981. 8513 W Thurman St Unit 3 is a home located in Sedgwick County with nearby schools including Kensler Elementary School, Wilbur Middle School, and Wichita Northwest High School.

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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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