1219 E Pine St · Fort Scott, KS 66701

$132,500

6 bd · 1.0 ba · 1,789 sqft · SingleFamily public records · 44 Days on market

Built 1900 0.48 ac lot Est $97k · 37% over

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.8/30.0
• DSCR +8.0/10.0
• 1% rule +5.2/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on the market at NO FAULT of the Seller!! This property is a great opportunity for investors looking to unlock its full potential! With 6 bedrooms, a large lot, and room to add another bathroom, there’s significant upside. A floor plan redesign could open up space, and the detached garage adds further value. The almost 1/2-acre lot offers plenty of room for improvements or future developments. This home has been a rental for 20 years, needs trashed out and TLC.

Key facts

• Move-in ready
• Remodeled
• Modern updates

Tags

• REMODELED
• MOVE-IN READY
• MODERN UPDATES
• UPDATED LVP FLOORING
• MINI SPLIT HEAT AND AIR SYSTEM
• OPEN-CONCEPT LIVING

Property features AI

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer
• Home design: Single family residence; Residential property; 2 stories; Inside city limits
• Construction: Vinyl siding; Composition roof; Approximately 101+ years old
• Exterior features: Porch

Interior

• Kitchen: Dishwasher, Refrigerator, Electric Range
• Bedrooms: 4 bedrooms (1 on the main level; 3 on the second level)
• Bathrooms: 2 full bathrooms (1 on the main level; 1 on the second level)
• Heating & cooling: Reverse cycle heating; Window unit(s) for cooling; Other heating and cooling features
• Interior features: Crawl space basement; Dishwasher, Refrigerator, Electric Range

What this means for you Summary

Snapshot

• This is a 6-bed/1.0-bath single-family listed at $132k.

Deal economics

• At list price, monthly cash flow is $280 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $132k).
• Recommended offer: $129k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 4.9% in Fort Scott — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#259 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: schools D, amenities F, commute F.
• Fort Scott (town): math 19% / reading 28% proficiency, ranked #150 of 169 in KS (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 70 active listings in the ZIP; 5 units permitted in Bourbon County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $916 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Bourbon County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($129k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 19y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $26k; list at $132k implies a 410% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $128,525 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.02% ✓
• Cap rate: 8.83%
• Cash-on-cash: 9.05%
• DSCR: 1.40
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $96,606
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
101 S Andrick St	0.26mi	5/3.0 (-1)	1,768 (-1%)	1mo	$95,000	$54	73

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -2.7%
• Equity multiple: 0.90×
• Total profit: $-3,711
• Equity at exit: $19,756

10-year hold

• IRR: 7.0%
• Equity multiple: 1.52×
• Total profit: $19,472
• Equity at exit: $11,456

Cash invested: $37,100 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Kansas: 83 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; moderate court pace.

Methodology + full state rankings →

ZIP-level market 66701

• Home prices YoY: -10.4%
• Active inventory: 70
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,349 medium
• Mortgage (P&I): −$695
• Tax from tax record: −$36 /mo · $431/yr
• Insurance: −$55
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $280

Break-even live

Break-even rent $995

Max offer price $132,500

Occupancy floor 74%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,125
• Closing costs: $3,975
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-05-08
   status Pending
2. 2026-03-25
   listed $132,500 Active
3. 2025-05-08
   soldstatus Closed 476-char remark

   Show marketing remark (476 chars)

   Back on the market at NO FAULT of the Seller!! This property is a great opportunity for investors looking to unlock its full potential! With 6 bedrooms, a large lot, and room to add another bathroom, there’s significant upside. A floor plan redesign could open up space, and the detached garage adds further value. The almost 1/2-acre lot offers plenty of room for improvements or future developments. This home has been a rental for 20 years, needs trashed out and TLC.

4. 2025-05-08
   soldstatus

   Show marketing remark (476 chars)

   Back on the market at NO FAULT of the Seller!! This property is a great opportunity for investors looking to unlock its full potential! With 6 bedrooms, a large lot, and room to add another bathroom, there’s significant upside. A floor plan redesign could open up space, and the detached garage adds further value. The almost 1/2-acre lot offers plenty of room for improvements or future developments. This home has been a rental for 20 years, needs trashed out and TLC.

5. 2025-05-07
   soldstatus
6. 2025-04-26
   status Pending 476-char remark

   Show marketing remark (476 chars)

   Back on the market at NO FAULT of the Seller!! This property is a great opportunity for investors looking to unlock its full potential! With 6 bedrooms, a large lot, and room to add another bathroom, there’s significant upside. A floor plan redesign could open up space, and the detached garage adds further value. The almost 1/2-acre lot offers plenty of room for improvements or future developments. This home has been a rental for 20 years, needs trashed out and TLC.

7. 2025-03-29
   price $25,000 476-char remark

   Show marketing remark (476 chars)

   Back on the market at NO FAULT of the Seller!! This property is a great opportunity for investors looking to unlock its full potential! With 6 bedrooms, a large lot, and room to add another bathroom, there’s significant upside. A floor plan redesign could open up space, and the detached garage adds further value. The almost 1/2-acre lot offers plenty of room for improvements or future developments. This home has been a rental for 20 years, needs trashed out and TLC.

8. 2025-02-11
   status Active 476-char remark

   Show marketing remark (476 chars)

   Back on the market at NO FAULT of the Seller!! This property is a great opportunity for investors looking to unlock its full potential! With 6 bedrooms, a large lot, and room to add another bathroom, there’s significant upside. A floor plan redesign could open up space, and the detached garage adds further value. The almost 1/2-acre lot offers plenty of room for improvements or future developments. This home has been a rental for 20 years, needs trashed out and TLC.

9. 2025-01-30
   historical Active Under Contract 476-char remark

   Show marketing remark (476 chars)

   Back on the market at NO FAULT of the Seller!! This property is a great opportunity for investors looking to unlock its full potential! With 6 bedrooms, a large lot, and room to add another bathroom, there’s significant upside. A floor plan redesign could open up space, and the detached garage adds further value. The almost 1/2-acre lot offers plenty of room for improvements or future developments. This home has been a rental for 20 years, needs trashed out and TLC.

10. 2025-01-15
    listed $29,900 Active 476-char remark

    Show marketing remark (476 chars)

    Back on the market at NO FAULT of the Seller!! This property is a great opportunity for investors looking to unlock its full potential! With 6 bedrooms, a large lot, and room to add another bathroom, there’s significant upside. A floor plan redesign could open up space, and the detached garage adds further value. The almost 1/2-acre lot offers plenty of room for improvements or future developments. This home has been a rental for 20 years, needs trashed out and TLC.

11. 2018-01-31
    soldstatus 234-char remark

    Show marketing remark (234 chars)

    Two story, 6 bedrooms, 1 bath on 3 lots. 2 car detached garage, large yard. New roof put on 2 years ago. Thermo windows upstairs, some new plumbing, need more. AC window unit does not work but Central Air DOES WORK. Home sales AS IS!!

12. 2018-01-30
    soldstatus
13. 2017-04-27
    listed $19,500 234-char remark

    Show marketing remark (234 chars)

    Two story, 6 bedrooms, 1 bath on 3 lots. 2 car detached garage, large yard. New roof put on 2 years ago. Thermo windows upstairs, some new plumbing, need more. AC window unit does not work but Central Air DOES WORK. Home sales AS IS!!

14. 2017-04-27
    listed $19,500

    Show marketing remark (234 chars)

    Two story, 6 bedrooms, 1 bath on 3 lots. 2 car detached garage, large yard. New roof put on 2 years ago. Thermo windows upstairs, some new plumbing, need more. AC window unit does not work but Central Air DOES WORK. Home sales AS IS!!

15. 2013-05-01
    soldstatus
16. 2012-08-03
    listed $24,500
17. 2007-11-15
    historical
18. 2007-06-27
    listed $24,500
19. 2007-05-15
    listed $37,500
20. 2005-11-01
    soldstatus $26,000
21. 2005-11-01
    soldstatus $26,000
22. 2000-05-01
    soldstatus
23. 1996-01-01
    soldstatus $18,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast KS · Resets to sale price

• Current annual tax: $431 · $36/mo
• Projected year-2 tax: $1,868 · $156/mo
• Expected delta: +$1,438/yr (+$120/mo · 333.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,188
• − Mortgage interest: −$7,422
• − Property taxes: −$431
• − Insurance: −$662
• − Repairs & maintenance: −$1,295
• − Management: −$1,295
• − Depreciation: −$3,855
• Taxable income: $1,228
• Est. tax owed @ 24.0%: −$295
• After-tax cash flow: $3,063/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Fort Scott
• NCES district ID: 2006180
• Math proficiency: 19% ▼ -3.00%
• Reading proficiency: 28% ▬ 0.00%
• Median HH income: $38,034
• Composite: 19.64/100
• National rank: #8741
• State rank: #150 of 169 in KS

Livability — Fort Scott

• Score: 66/100
• State rank: #259
• US rank: #11422

Category grades

Amenities F Commute F Cost of living A+ Crime C+ Employment F Housing A Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Scott, KS
• Population (ZIP): 11,075

Population outlook (Bourbon County) Hauer SSP2

• Today (2025): 13,761 people
• By 2030: 13,139 · -4.5%
• By 2040: 11,920 · -13.4%
• By 2050: 10,892 · -20.8%
• By 2075: 8,645 · -37.2%
• By 2100: 6,751 · -50.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 5% Hispanic / Latino 3% Black 2%
• Common ancestry: Lithuanian 2% Serbian 2% Slovak 2%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 1% Other Asian/Pacific 1% German/W. Germanic 1%

Political lean MEDSL · Bourbon

• 2024 margin: Solid R (+54.2) · D 22.0% · R 76.1% · Other 1.9%
• 2008→2024 swing: -26.9pp toward R · 2008: -27.2pp · 2024: -54.2pp
• All cycles: 2024: R+54.2 2020: R+52.0 2016: R+50.8 2012: R+33.9 2008: R+27.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -20.03%
• Current HPI: 172.2531
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+616.2% since first listed

23 events — show timeline

• 2026-05-08 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-03-25 Listed $132,500 Heartland MLS as Distributed by MLS Grid
• 2025-05-08 Sold (Public Records) — Public Records
• 2025-05-08 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2025-05-07 Sold (Public Records) — Public Records
• 2025-04-26 Pending — Heartland MLS as Distributed by MLS Grid
• 2025-03-29 Price Changed $25,000 Heartland MLS as Distributed by MLS Grid
• 2025-02-11 Relisted — Heartland MLS as Distributed by MLS Grid
• 2025-01-30 Contingent — Heartland MLS as Distributed by MLS Grid
• 2025-01-15 Listed $29,900 Heartland MLS as Distributed by MLS Grid
• 2018-01-31 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2018-01-30 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2017-04-27 Listed $19,500 Heartland MLS as Distributed by MLS Grid
• 2017-04-27 Listed $19,500 Heartland MLS as Distributed by MLS Grid
• 2013-05-01 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2012-08-03 Listed $24,500 Heartland MLS as Distributed by MLS Grid
• 2007-11-15 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2007-06-27 Listed $24,500 Heartland MLS as Distributed by MLS Grid
• 2007-05-15 Listed $37,500 Heartland MLS as Distributed by MLS Grid
• 2005-11-01 Sold (Public Records) $26,000 Public Records
• 2005-11-01 Sold (Public Records) $26,000 Public Records
• 2000-05-01 Sold (Public Records) — Public Records
• 1996-01-01 Sold (Public Records) $18,500 Public Records

Property tax history

-0.8%/yr

Latest (2025): $431 · +11.2% YoY. Source: county tax records.