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602 South Terrace Drive

602 South Terrace Drive, Wichita, KS 67218
Property in Fairfax
Sold Feb 07, 2000
$68,100
$54,500 by Associates Financial Services
Mortgage
602 South Terrace Drive in Wichita, KS was first built in 1948 and is 76 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 602 South Terrace Drive has 1,495 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 742 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 6,153 square feet.

Learn more about the property and building on this page. There is a covered porch and a screened patio. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 602 South Terrace Drive was last sold in Feb 1, 2000 for $68,100. According to our calculations, that's $39.21 per sqft. Current property owners are expected to pay $1,134 in taxes per year. The property on 602 South Terrace Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $10,580. To break that down further, the land itself was valued at $1,955. While improvements to the property were assessed at a total of $8,625. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 742
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,153
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,737
  • Gross Building Area: 2,205
  • Building Area: 1,495
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,495
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TERRACE DR BLUE GRASS SUB
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOTS 2-4 WALL ST. NOW TERRACE DR. BLUE GRASS SUB.

Ownership

  • Current Owner : VELASQUEZ JUSTIN
  • Current Owner 2: VELASQUEZ RUBY L
  • Previous Owner : NGUYEN EVAN
  • Previous Owner 2: TRAN VANNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wichita Unified School District 259
  • School Tax School District: 0602
  • Census Tract: 003600

Zoning

  • Zoning: TF-3

Geography

  • Assessors Map Reference: 50-G5
  • Account Number: 00157879
  • District: RU
  • Parcel: 127-26-0-11-07-002.00
  • Lot: 2-4
  • Meridian: SEC 26 TWN 27 RNG 1E
  • Municipality: USD 259
  • Latitude: 37.6772
  • Longitude: -97.2837

    Address

  • Full Address: 602 S Terrace Dr
  • Address - House Number: 602
  • Street Direction: S
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: KS
  • City Name: Wichita
  • Carrier Code: C009
  • 4-Digit Zip Code: 2238
  • Zip Code: 67218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,134
  • Tax Rate Code Area: 6702

    Appraisal Valuation

  • Standard Deviation: 0.2275
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 159,344
  • High Value: 195,605
  • Low Value: 123,083

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $54,500
  • First Open Lien Mortgage Lender: ASSOCIATES FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Feb 07, 2000
  • First Open Lien Mortgage Loan Amount: $54,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $92,000
  • Market Land Value: $17,000
  • Market Improvement Value: $75,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,580
  • Assessed Land Value: $1,955
  • Assessed Improvements Value: $8,625

    Sales

  • Current Sale Contract Date: Feb 01, 2000
  • Current Sale Recording Date: Feb 07, 2000
  • Current Sale Transaction ID: 1093270022
  • Current Sale Price: $68,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1862206

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATES FINANCIAL SERVICES
  • First Mortgage Transaction Date: Feb 07, 2000
  • First Mortgage Loan Amount: $54,500
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 602 South Terrace Drive located in?
The 602 South Terrace Drive is a located in the neighborhood of Fairfax in Fairfax, Wichita.
What is the average sales price for listings in 602 South Terrace Drive?
The average sales price for units in 602 South Terrace Drive is $0 currently.

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