1611 N Burns St Wichita, KS 67203

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2 beds · 1 bath · 863 sq ft · Lot Size: 7,405 sq ft · Single Family Home · North Riverside
Est. Property Value: $107,231

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1611 N Burns St is in the North Riverside neighborhood of Wichita, KS. It is located in Sedgwick County and ZIP code 67203. This Single Family Home was built in 1930 and is approximately 95 years old. The single family home spans 863 sq ft with 2 bedrooms and 1 bathroom and sits on a 7405 sq ft lot. According to public records, it was last sold in 2011 for $61,032 and has a tax-assessed value of $92,500, which is $124 per sq ft. The North Riverside area of Wichita has 803 residential homes with an average size of 1160 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1611 N Burns St Wichita, KS 67203 with Property Intel by Whitepages.

Investment Potential for 1611 N Burns St

The property has a current estimated value of $107,231, which is 25% below the neighborhood median, based on public records. It last sold on May 05, 2011 for $61K. Projected long-term
is $13,200 annually ($1,100 per month) with a 87% occupancy rate.

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Long-Term

Gross Rental
$13,200 per year($1,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 67203 zip code
 
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Owners & Occupancy for 1611 N Burns St

This property is owned by Cory R Koehn. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

OccupationCloud Customer Success Engineer - Azure, Netapp
Cell Phone(620) ***-****View Cell Phone
Residence*********
Landline(316) 321-7173
Distance from Property**********
Email Address*******@cox.netView Email

Property Ownership Information

Purchase DateMay 05, 2011
Property Tax Amount$1,050 in 2024
Purchase Price$61,032

Occupancy

Resident 1*************** age 29

Property Details for 1611 N Burns St

Property Details

Property Sq Ft

Living Area

863 sq ft

26% below market

Lot Size

7,405 sq ft

0% above market

Price Per Sq Ft

Living Area

$124 / sq ft

3% below market

Lot Size Area

$14 / sq ft

27% below market

Property condition, age, exterior, etc. for 1611 N Bur…
Longitude: -97.350875 Latitude: 37.712115 Parcel Number (APN): 123-08-0-32-07-014.00…
Mortgage originated on through lender: Metlife Hm Lns for$*****View Mortgage Details

Recommended Properties in North Riverside

Discover more single family homes near 1611 N Burns St in Wichita, Kansas. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1611 N Burns St in Sedgwick County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$107,231
$111,418
-$4,187 (-4%)
$229,990
-$58,673 (-26%)
YoY Price Change
2.96%
-2%
Year Built
1930
1946
-16 years
Living Space
863 sq ft
1,056 sq ft
-193 (-18%)
$ Per Living Sq Ft
$124
$103
$22 (21%)
Lot Size
7,405 sq ft
8,276 sq ft
-871 (-11%)
$ Per Lot Sq Ft
$14
$12
$3 (23%)

Net Operating Income
$12,462
-$2,864 (-23%)
Annual Revenue
$13,200
$16,800
-$3,600 (-21%)
$4,163
-$561 (-13%)
Net Operating Income
$12,462
-$2,864 (-23%)
Cap Rate
11.11%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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