AUCTION: Thursday, June 9 th @ 6:00 PM
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ALL FIELDS CUSTOMIZABLE MLS # 520239 County Sedgwick Class Multi-Family Property Type Twin/Duplex Area 516 Address 3857 E CESSNA DR Address 2 City Wichita State KS Zip 67210 Status Active Contingency Reason Asking Price $0 For Sale/Auction/For Rent Auction Original Price $0 Agent Hit Count 23 Client Hit Count 26 Associated Document Count 3 Picture 2 GENERAL Style Side By Side Approximate Age 51-80 Years Basement None Existing Finance None Approx. TFLA 1,560.00 TFLA Source Court House Number of Units 2 On-Site Parking Spaces 2.00 Year Built 1942 # of Efficiency Units # of 1 Bedroom Units # of 2 Bedroom Units # of 3 Bedroom Units 3 Lot Size/SqFt 7190 Rent Per Unit-Efficiency Rent Per Unit - 1 Bedroom Rent Per Unit - 2 Bedroom Rent Per Unit - 3 Bedroom $350.00 Vacancy Rate % 0.00 School District Wichita School District (USD 259) Elementary School Colvin Middle School Jardine/Edison High School East Subdivision PLANEVIEW SUBDIVISION NO 1 Legal LOT 32 BLOCK E PLANEVIEW SUB. NO. 1 Sub-Agent Comm 0 Buyer-Broker Comm 3 Transact Broker Comm 3 Variable Comm Non-Variable Virtual Tour Y/N Update Date 6/8/2016 DIRECTIONS Pawnee & Hillside - South to Cessna, East to property. FEATURES EXTERIOR CONSTRUCTION Frame # OF STORIES One ROOF Composition FLOOD INSURANCE Unknown UTILITIES Natural Gas Public Sewer OWNER PAID UTILITIES None TENANT PAID UTILITIES None BASEMENT USE None BASEMENT FINISH PER None HEATING Wall Furnace/Baseboard COOLING Window Unit PARKING 1 per Unit APPLIANCES Over/Range Refrigerator POSSESSION At Closing PROPOSED FINANCING Cash TERMS OF TENANCY Month to Month DOCUMENTS ON FILE Ground Water Addendum Lead Paint OWNERSHIP Individual SHOWING INSTRUCTIONS Call Showing # LOCKBOX None TYPE OF LISTING Excl Right w/o Reserve AGENT TYPE Sellers Agent
FINANCIAL Assumable Y/N Yes Gross Income $650.00 General Taxes $393.71 General Tax Year 2015 Yearly Specials $9.76 Total Specials $9.76 HOA Y/N No Yearly HOA Dues HOA Initiation Fee 0.00 Earnest $ Deposited With Security 1st Title PUBLIC REMARKS THIS PROPERTY IS SELLING AT A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE AT THE HOLIDAY INN (549 S. ROCK RD) ON JUNE 9TH AT 6:00 P.M. DOORS OPEN AT 5:00 P.M. FOR REGISTRATION OR PRE-REGISTER ONLINE. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT S WEBSITE. Investment opportunity!!! Fully rented 3-Bedroom, 1-Bathroom duplex in Southeast Wichita. Tenants pay $350/mo. each with a $350 security deposit, renting month-to-month, for a total income of $700/Mo. Large driveway with multiple parking options. Built in storage space for tenants. The range/oven and refrigerator transfers with each unit. Wall unit for heat. Window A/C is tenant owned. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, as is where is condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller s agents. It is incumbent upon buyer to exercise buyer s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller s agents was obtained from a variety of sources and neither seller nor seller s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $3,500. AUCTION Type of Auction Sale Reserve Method of Auction Live w/online Bidding Auction Location 549 S. Rock Rd. Auction Offering Real Estate Only Auction Date 6/9/2016 Auction Start Time 6:00 PM Broker Registration Req Yes Broker Reg Deadline 6/8 by 5 PM Buyer Premium Y/N Yes Premium Amount 0.10 Earnest Money Y/N Yes Earnest Amount %/$ 3,500.00 PERSONAL PROPERTY 1 - Open for Preview Yes 1 - Open/Preview Date 6/5/2016 1 - Open Start Time 1:00 PM 1 - Open End Time 5:00 PM 2 - Open for Preview 2 - Open/Preview Date 2 - Open Start Time 2 - Open End Time 3 - Open for Preview 3 - Open/Preview Date 3 - Open Start Time 3 - Open End Time ADDITIONAL PICTURES DISCLAIMER This information is not verified for authenticity or accuracy and is not guaranteed. You should independently verify the information before making a decision to purchase. Copyright 2015 South Central Kansas MLS, Inc. All rights reserved.
Legend Base Flood Elevations Cross Sections Flood Way Flood Zones Parcels 0.2 PCT ANNUAL CHANCE FLOOD A; AE; AH; AO X PROTECTED BY LEVEE 3857 & 3861 E Cessna St, Wichita, KS - Flood Zone Map 200.0 0 100.00 200.0Feet Map Created On: 4/12/16 9:26 AM This information is not an official record, and cannot be used as such. The user should rely only upon official records available from the custodian of records in the appropriate City and/or County department. Some data provided here and used for the preparation of these maps has been obtained from public records not created or maintained by the City of Wichita. 1: 1,200
3857 & 3861 E Cessna St, Wichita, KS Proposed FEMA Map Possibly Effective Late 2016 This Application displays the PRELIMINARY floodplain boundaries received from the Kansas Department of Agriculture Divisions of Water Resources on January 21, 2015. The boundaries will be finalized in 2016. This preliminary map is subject to change. Changes between the current and preliminary flood zones are displayed on the map. Green indicates areas that were within the 100-year flood zone, but are no longer included based on the new boundaries. Yellow indicates flood zone areas that have not changed. Red indicates new 100-year flood zones areas based on the new boundaries. A 30-day, non-technical comment period begins on January 23, 2015. During this time the public can ask questions regarding street names, political boundaries, and other information aside from the actual floodplain boundaries and base flood elevations. A 90-day comment period for technical questions will begin in early May 2015. Public comments should be directed to Tom Morey or Dane Bailey with the Kansas Department of Agriculture Division of Water Resources. https://gismaps.sedgwickcounty.org/mabcd/ fema/ or call 316-660-1840
Guide to auction costs what to expect THE SELLER CAN EXPECT TO PAY Half of the Owner s Title Insurance Half of the Title Company s Closing Fee Real Estate Commission (If Applicable) Advertising Costs Payoff of All Loans, Including Accrued Interest, Statement Fees, Reconveyance Fees and Any Prepayment Penalties Any Judgments, Tax Liens, etc. Against the Seller Recording Charges Required to Convey Clear Title Any Unpaid Taxes and Tax Proration for the Current Year Any Unpaid Homeowner s Association Dues Rent Deposits and Prorated Rents (If Applicable) THE BUYER CAN GENERALLY EXPECT TO PAY Half of the Owner s Title Insurance Half of the Title Company s Closing Fee 10% Buyer s Premium (If Applicable) Document Preparation (If Applicable) Notary Fees (If Applicable) Recording Charges for All Documents in Buyer s Name Homeowner s Association Transfer / Setup Fee (If Applicable) All New Loan Charges (If Obtaining Financing) Lender s Title Policy Premiums (If Obtaining Financing) Homeowner s Insurance Premium for First Year All Prepaid Deposits for Taxes, Insurance, PMI, etc. (If Applicable) 12041 E. 13th St. N., Wichita, Kansas 67206 316.683.0612 800.544.4489 www.mccurdyauction.com