NOT LISTED FOR SALE

Estimated Value: $301,000

4 Beds
4 Baths
2,012 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 10, 2021

Current estimated payment $1,813/month

10 Days on Market

About This Home

As of September 2021

Wonderful investment opportunity in beautiful South Riverside! Four one-bedroom, one-bathroom units that historically produce $450-$500 per unit, per month. Your tenants will love the short walk to Sim Park, Wichita Art Museum and The Muse restaurant, R Coffee House, Riverside Park, and more! Seller pays water (approx. $105/month) and trash (approx. $110/billing cycle). Tenants are responsible for all other utilities. Bathroom in Unit 2 is currently being remodeled. Steps to Unit 1 and steps to Unit 4 are being repainted. Photos of Unit 3 are available upon request.

Last Agent to Sell the Property

Brandon Hathaway

LPT Realty, LLC License #00245025 Listed on: 07/15/2021

LPT Realty, LLC

Last Buyer's Agent

Bill J Graham

Graham, Inc., REALTORS License #00022108

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,588

Year Built

  • Built in 1900

Lot Details

  • 8,710 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Converted Dwelling
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Basement Cellar
  • Fire and Smoke Detector
  • Oven or Range

Schools

  • Riverside Elementary School
  • Marshall Middle School
  • North High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-124-18-0-42-01-015.00

Community Details

Overview

  • 4 Units
  • Riverside Addition Subdivision

Building Details

  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,588

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Converted House
  • Estimated Age: 81+ Years
  • Total Specials: 31.2
  • Year Built: 1900
  • Annual Specials: 31.2
  • Estimated TFLA: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Carpet
  • Basement: Cellar
  • Basement Use: Owner Storage
  • Number Of Stories: Two

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • On Site Parking Spaces: 2

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas, Public, Sewer

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Riverside
  • Middle School: Marshall
  • High School: North
  • Elementary School: Riverside
  • High School: North

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 8710
  • Geo ADDRESS Line: 909 N Porter Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 07/15/2021
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-124-18-0-42-01-015.00
  • General Taxes: 1639.57
  • General Tax Year: 2020

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Gross Income: 23400

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Oct 25, 2021
Sold by
Kuhlmann Zachary C and Kuhlmann Stephanie N
Bought by
Global Property Soiutions Llc
Seller's Agent
Brandon Hathaway
LPT Realty, LLC
Buyer's Agent
Bill J Graham
Graham, Inc., REALTORS
List Price
$218,000
Current Estimated Value
$301,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 10, 2021
Sold by
Hathaway Mary F and Hathaway James
Bought by
Kuhlmann Zachary C and Kuhlmann Stephanie N
Seller's Agent
Brandon Hathaway
LPT Realty, LLC
Buyer's Agent
Bill J Graham
Graham, Inc., REALTORS
List Price
$218,000

Purchase Details

Closed on
Dec 16, 2010
Sold by
Hathaway Mary F
Bought by
Hathaway Mary F and Hathaway Karen L
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
Global Property Soiutions Llc -- None Available
Kuhlmann Zachary C -- None Listed On Document
Hathaway Mary F -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold -- -- --
07/25/2021 07/25/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $218,000 -- $108 / 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 $2,588 $23,955 $5,325 $18,630
2023 $2,588 $22,172 $3,519 $18,653
2022 $1,918 $17,170 $3,324 $13,846
2021 $1,815 $15,755 $2,277 $13,478
2020 $1,671 $14,456 $2,277 $12,179
2019 $1,578 $13,639 $2,277 $11,362
2018 $1,514 $13,110 $2,461 $10,649
2017 $1,456 $0 $0 $0
2016 $1,451 $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: 599210

South Central Kansas MLS

APN: 124-18-0-42-01-015.00