NOT LISTED FOR SALE

1049 E Dover Cir Olathe, KS 66061

Estimated Value: $233,000 - $395,778

3 Beds
2 Baths
1,192 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 14, 2020

Current estimated payment $1,834/month

4 Days on Market

Highlights

  • Fireplace
  • 2 Car Attached Garage
  • Carpet
  • Olathe North Sr High School Rated A
  • Central Heating and Cooling System

About This Home

As of August 2020

1049 & 1051 E Dover ---Whole DUPLEX in Olathe. Great investment opportunity backs to Mahaffie Farmstead and near Olathe Community Center. Each 2 story unit features living room with fireplace, large kitchen, utility room, 3 bedrooms, 1.1 baths, 1 car garage, inside entrance basement. 1049 side has finished basement. Located end of cul-de-sac. Both sides are rented to long term tenants. One is month to month and 1051 side just signed new lease for 1 yr. Property is sold as is with inspections welcome.

Last Agent to Sell the Property

Sharon Sigman

RE/MAX State Line License #BR00020616 Listed on: 07/11/2020

RE/MAX State Line

Last Buyer's Agent

Brian Martin

RE/MAX State Line License #BR00051295

RE/MAX State Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1981

Lot Details

  • 9,690

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Carpet
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Schools

  • Mahaffie Elementary School
  • Olathe North High School

Additional Features

  • 9,690 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number DP36300000-0013

Community Details

Overview

  • 2 Units
  • Huntington Ht Subdivision

Building Details

  • Gross Income $23,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 21-30 Years
  • Legal Description: HUNTINGTON HEIGHTS LT 13 OLC 194 4 13
  • Package: No
  • Year Built: 1981
  • Senior Community: No
  • 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: Sharon Sigman
  • List Office Mls Id: RMX 03
  • List Office Name: RE/MAX State Line
  • List Office Phone: 913-381-6789
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 2000
  • Special Documents Required: No
  • Tax Total Amount: 3500
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Fireplace: Yes
  • Flooring: Carpeted Floors
  • Laundry Features: In The Basement
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, In Building, Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • Middle/Junior School: Santa Fe Trail

Lot Info

  • In Floodplain: No
  • Zoning: R-2
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 9690.00
  • Parcel Number: DP36300000-0013
  • Subdivision Name: Huntington Ht

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 23000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Personal Prop Tax, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3500.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Aug 11, 2020
Sold by
Annable Paul L and Ramsey Annable Stephanie
Bought by
Lee Hsinlun and Cheng Chiawen
Seller's Agent
Sharon Sigman
RE/MAX State Line
Buyer's Agent
Brian Martin
RE/MAX State Line
List Price
$250,000
Current Estimated Value
$294,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$99,750
Outstanding Balance
$70,158
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$224,287
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Hsinlun -- Continental Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Hsinlun $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold -- -- --
07/11/2020 07/11/20 For Sale $250,000 -- $210 / Sq Ft
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
2023 $1,984 $17,779 $2,084 $15,695
2022 $1,725 $15,099 $1,894 $13,205
2021 $1,754 $14,398 $1,894 $12,504
2020 $1,668 $13,582 $1,647 $11,935
2019 $1,716 $13,869 $1,647 $12,222
2017 $1,328 $10,626 $1,318 $9,308
2016 $1,273 $10,454 $1,318 $9,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2230435

Heartland MLS

APN: DP36300000-0012