NOT LISTED FOR SALE

1009 N Jan-Mar Dr Olathe, KS 66061

Estimated Value: $278,000 - $435,000

4 Beds
2 Baths
-- Sq Ft
9,540 Sq Ft Lot

Last Sold June 30, 2020

Current estimated payment $1,982/month

7 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Eat-In Kitchen
  • Olathe North Sr High School Rated A
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2020

Prime Investment Package! 12 total doors;6 full duplexes near Olathe Community Center, schools, & several back to Two Trails Park. All units are side by side floorplan,3 bed/1 bath; 2 bedrms upstairs w/ 1 full hall bath. 3rd bedrm off garage. All have UNFIN bsmnts. All are fully fenced. Each unit has variety of improvements: new HVAC systems, wood laminate floor main levels, interior painting. Select units have already had DW installed;select units fridge provided. All units occupied, do not disturb tenants. Please review Multi-Family Rider in supplements.

Last Agent to Sell the Property

Cynthia Home

Platinum Realty LLC License #SP00234035 Listed on: 03/20/2020

Platinum Realty LLC

Last Buyer's Agent

Kylee Fishwick

Compass Realty Group License #SP00239540

Compass Realty Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1972

Lot Details

  • Paved or Partially Paved Lot
  • Property is zoned city

Parking

  • Attached Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Basement
  • Laundry in Basement
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Schools

  • Washington Elementary School
  • Olathe North High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • 12 Units
  • Gaslight Acres Subdivision

Recreation

  • Tennis Courts
  • Trails

Building Details

  • Gross Income $145,860

Property Details

Property Type

Other

Est. Annual Taxes

$2,200

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Age Description: 41-50 Years
  • Legal Description: ______________________________________ RESURVEY & RESUBDIVISION OF LOTS 4-20 BLOCK 6 GAS LIGHT ACRES LT 25 BLK 6 OLC 622B 6 25 RESURVEY & RESUBDIVISION OF LOTS 4-20 BLOCK 6 GAS LIGHT ACRES LT 27 BLK 6 OLC 622B 6 27 RESURVEY & RESUBDIVISION OF LOTS 4-20 BLOCK 6 GAS LIGHT ACRES LT 28 BLK 6 OLC 622B 6 28 RESURVEY & RESUBDIVISION OF LOTS 4-20 BLOCK 6 GAS LIGHT ACRES LT 29 BLK 6 OLC 622B 6 29 GAS LIGHT ACRES LOT 7 BLK 3 OLC-0622B0003 0007 GAS LIGHT ACRES W .5' LT 4 & ALL LT 5 BLK 4 OLC 622B 4 5
  • Package: Yes
  • Year Built: 1972
  • Dining Area Features: Eat-In Kitchen
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Cynthia Frohling
  • List Office Mls Id: CBAD11
  • List Office Name: Coldwell Banker Goodlife
  • List Office Phone: 913-345-9999
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 33068
  • Special Documents Required: No
  • Tax Total Amount: 2200
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Prt Window Cover
  • Basement: Yes
  • Flooring: Carpeted Floors, Wood Floors
  • Laundry Features: In The Basement
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Vinyl Siding
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Other
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt
  • Association Amenities: Tennis Courts, Trails

Schools

  • School District: Olathe
  • Elementary School: Washington
  • Middle School: Santa Fe
  • High School: Olathe North
  • Middle/Junior School: Santa Fe

Lot Info

  • In Floodplain: No
  • Zoning: city
  • Parcel Number: 999999
  • Subdivision Name: Gaslight Acres

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 12

Multi Family

  • Gross Income: 145860
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Property Mgmt, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2200.00

MLS Schools

  • Elementary School: Washington
  • School District: Olathe
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
South Props Llc
Bought by
South Props Llc
Current Estimated Value
$326,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,419,796
Outstanding Balance
$1,414,560
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
-$1,102,243

Purchase Details

Closed on
Sep 12, 2023
Sold by
Kovastar Gaslight Dplx Llc
Bought by
South Props Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,395,475
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
South Props Llc -- Security 1St Title
South Props Llc -- Security 1St Title
South Props Llc -- Mccaffree Short Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Props Llc $1,419,796
Closed South Props Llc $1,419,796
Previous Owner South Props Llc $1,395,475
Previous Owner Kovastar Gaslight Dplx Llc $1,277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold -- -- --
03/27/2020 03/27/20 Pending -- -- --
03/24/2020 03/24/20 Off Market -- -- --
03/20/2020 03/20/20 For Sale $1,494,000 -- --
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,436 $22,402 $5,781 $16,621
2023 $2,595 $23,000 $5,253 $17,747
2022 $2,371 $20,470 $4,373 $16,097
2021 $2,211 $18,055 $4,373 $13,682
2020 $2,103 $17,031 $3,798 $13,233
2019 $2,176 $17,491 $3,798 $13,693
2018 $1,933 $15,467 $3,306 $12,161
2017 $1,722 $13,674 $3,002 $10,672
2016 $1,545 $12,616 $3,002 $9,614
2015 $1,462 $11,960 $2,732 $9,228
2013 -- $10,730 $2,550 $8,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2212592

Heartland MLS

APN: DP28100006-0028