1440 N Gatewood St Apt 15 Wichita, KS 67206

2 beds · 2 baths · 3,710 sq ft · Lot Size: 9,148 sq ft · Single Family Home
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Valued above Market MedianOwned for 10 - 15 YearsOwner Age Above 75

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1440 N Gatewood St Apt 15 is in the 67206 neighborhood of Wichita, KS. It is located in Sedgwick County and ZIP code 67206. This Single Family Home was built in 1980 and is approximately 45 years old. The single family home spans 3710 sq ft with 2 bedrooms and 2 bathrooms and sits on a 9148 sq ft lot. According to public records, it was last sold in 2012. Analyze and compare real estate investment strategies for properties like this home at 1440 N Gatewood St Apt 15 Wichita, KS 67206 with Property Intel by Whitepages.

Investment Potential for 1440 N Gatewood St Apt 15

The property has a current estimated value of $465,213, which is 75% above the zip median, based on public records. It last sold on September 20, 2012. Projected long-term
is $39,600 annually ($3,300 per month) with a 93% occupancy rate.

Long-Term

Gross Rental
$39,600 per year($3,300 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 67206 zip code
 
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Owners & Occupancy for 1440 N Gatewood St Apt 15

This property is owned by Donald Kay Stephan. Owner contact information includes 7 phone numbers and 3 email addresses.

Property Owners

OccupationPresident, Stephan Advertising Agency
Cell Phone(316) ***-****
Residence***********
Landline(316) 733-8455+ 3 more
Distance from Property**********
Email Address*****@tds.net
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Property Ownership Information

Purchase DateSeptember 20, 2012
Property Tax Amount$5,356 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 91
Resident 2************** age 83

Property Details for 1440 N Gatewood St Apt 15

Property Details

Property Sq Ft

Living Area

3,710 sq ft

Compare to 67206

Lot Size

9,148 sq ft

Compare to 67206

Price Per Sq Ft

Living Area

$125 / sq ft

Compare to 67206

Lot Size Area

$51 / sq ft

Compare to 67206
Compare to Zip Median
Property condition, age, exterior, etc. for 1440 N Gat…
Longitude: -97.231023 Latitude: 37.708937 Parcel Number (APN): 113-08-0-43-01-039.00…
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Market Benchmarks

Compare data for 1440 N Gatewood St Apt 15 in Sedgwick County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$465,213
$152,826
$312,387 (204%)
$******
$243,943
$486,935 (200%)
YoY Price Change
****%
2.97%
139%
Year Built
1980
1946
34 years
Living Space
3,710 sq ft
1,056 sq ft
2654 (251%)
$ Per Living Sq Ft
$125
$133
-$8 (-6%)
Lot Size
9,148 sq ft
8,276 sq ft
872 (11%)
$ Per Lot Sq Ft
$51
$19
$32 (166%)

Net Operating Income
$*****
$14,065
$11,493 (82%)
Annual Revenue
$39,600
$18,000
$21,600 (120%)
$*****
$3,848
$10,194 (265%)
Net Operating Income
$*****
$14,065
$11,493 (82%)
Cap Rate
****%
8.44%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians