2314 S Hickory Creek St Wichita, KS 67235

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2 beds · 1 bath · 1,116 sq ft · Lot Size: 9,148 sq ft · Single Family Home
Est. Property Value: $213,195

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2314 S Hickory Creek St is in the 67235 neighborhood of Wichita, KS. It is located in Sedgwick County and ZIP code 67235. This Single Family Home was built in 2022 and is approximately 3 years old. The single family home spans 1116 sq ft with 2 bedrooms and 1 bathroom and sits on a 9148 sq ft lot. According to public records, it was last sold in 2022 for $260,406 and has a tax-assessed value of $219,800, which is $191 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2314 S Hickory Creek St Wichita, KS 67235 with Property Intel by Whitepages.

Owners & Occupancy for 2314 S Hickory Creek St

This property is owned by Kara Lynne Borchers. Owner contact information includes 5 phone numbers and 2 email addresses.

Property Owners

Cell Phone(316) ***-****View Cell Phone
Residence***********
Landline(913) 768-7988
Distance from Property**********
Email Address*********@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 38

Property Financials for 2314 S Hickory Creek St

2314 S Hickory Creek St, Wichita, KS has a mortgage from Pentagon Fcu (orig. December 16, 2022). The Sedgwick county assessment for 2024 values it at $219,800, with annual taxes of $3,832.

Mortgage & Equity Information

Loan Amount$******
LenderPentagon Fcu
Origination DateDecember 16, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateDecember 16, 2022
Property Tax Amount$3,832 in 2024
Purchase Price$260,406
Assessed Value$219,800 on 2024

Investment Potential for 2314 S Hickory Creek St

The property has a current estimated value of $213,195, which is 14% below the zip median, based on public records. It last sold on December 16, 2022 for $260K. Projected long-term
is $24,000 annually ($2,000 per month) with a 97% occupancy rate.

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
97%in 67235 zip code
 
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Property Details for 2314 S Hickory Creek St

Property Details

Property Sq Ft

Living Area

1,116 sq ft

34% below market

Lot Size

9,148 sq ft

0% above market

Price Per Sq Ft

Living Area

$191 / sq ft

12% above market

Lot Size Area

$23 / sq ft

9% below market

Property condition, age, exterior, etc. for 2314 S Hic…
Longitude: -97.4932 Latitude: 37.650711 Parcel Number (APN): 147-36-0-34-03-036.00…

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Market Benchmarks

Compare data for 2314 S Hickory Creek St in Sedgwick County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$213,195
$111,418
$101,777 (91%)
YoY Price Change
2.96%
-208%
Year Built
2022
1946
76 years
Living Space
1,116 sq ft
1,056 sq ft
60 (6%)
$ Per Living Sq Ft
$191
$103
$88 (86%)
Lot Size
9,148 sq ft
8,276 sq ft
872 (11%)
$ Per Lot Sq Ft
$23
$12
$12 (98%)

Net Operating Income
$12,462
$2,935 (24%)
Annual Revenue
$24,000
$16,800
$7,200 (43%)
$4,163
$4,440 (107%)
Net Operating Income
$12,462
$2,935 (24%)
Cap Rate
11.11%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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