NOT LISTED FOR SALE

1118 S Brockway St Olathe, KS 66061

Estimated Value: $406,000 - $487,000

8 Beds
4 Baths
2,688 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 27, 2021

Current estimated payment $2,742/month

17 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Private Entrance
  • Clearwater Creek Elementary School Rated A
  • Baseboard Heating

About This Home

As of December 2021

Always in demand, Fully rented Turn Key property. Well maintained by owner. Good neighborhood to invest and enjoy the income.

Last Agent to Sell the Property

Ken Muchemi

Kansas City Regional Homes Inc License #SP00234196 Listed on: 11/03/2021

Last Buyer's Agent

Jen Roser

Keller Williams Realty Partners Inc. License #SP00236750

Keller Williams Realty Partners Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Private Entrance

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Prairie Center Elementary School
  • Olathe North High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number Dp60200000-0144

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Provence Village Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,294

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 51-75 Years
  • Legal Description: Lot 144, Provence Village
  • Package: No
  • Year Built: 1950
  • 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: Ken Muchemi
  • List Office Mls Id: JOCO01
  • List Office Name: Kansas City Regional Homes Inc
  • List Office Phone: 913-538-6900
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 2294
  • Special Documents Required: No
  • Tax Total Amount: 2294
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Common Entry, Private Entry
  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Other

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Other, Window Unit(s)
  • Heating: Baseboard
  • Sewer: City/Public
  • Telecommunications: Cable - Available, Metro Free
  • Utilities: Ind Heat And Air, Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Schools

  • School District: Olathe
  • Elementary School: Prairie Center
  • Middle School: Oregon Trail
  • High School: Olathe North
  • Middle/Junior School: Oregon Trail

Lot Info

  • In Floodplain: No
  • Zoning: R2
  • Lot Size Area: 11512.00
  • Lot Size Area Units: Square Feet
  • Lot Dimensions: 75x150
  • Lot Size Sq Ft: 11512.00
  • Parcel Number: Dp60200000-0144
  • Subdivision Name: Provence Village

Rental Info

  • Existing Lease Terms: One Year Lease, Other

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 33000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Personal Prop Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2294.00

MLS Schools

  • Elementary School: Prairie Center
  • School District: Olathe
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 21, 2021
Sold by
Ngarulya Richard and Muchlri Lucy Njeri
Bought by
Ryser Dick and Reeves Josh
Seller's Agent
Ken Muchemi
Kansas City Regional Homes Inc
Buyer's Agent
Jen Roser
Keller Williams Realty Partners Inc.
List Price
$345,000
Current Estimated Value
$443,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$248,750
Outstanding Balance
$231,610
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$221,369

Purchase Details

Listed on
Feb 7, 2020
Closed on
May 20, 2020
Sold by
Schottler Karl and Schottler Laura
Bought by
Ngaruiya Richard
Seller's Agent
Jennifer Karr
KW Diamond Partners
Buyer's Agent
Ken Muchemi
Kansas City Regional Homes Inc
List Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.94%
Original Mortgage
$187,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Hailey James A and Hailey Linda S
Bought by
Schottler Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.31%
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
Ryser Dick -- Platinum Title Llc
Ngaruiya Richard -- Secured Title Of Kansas City
Schottler Karl -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryser Dick $248,750
Closed Ryser Dick $248,750
Previous Owner Ngaruiya Richard $187,500
Previous Owner Schottler Karl $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold -- -- --
11/20/2021 11/20/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $345,000 0.0% $128 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $345,000 +38.0% $128 / Sq Ft
05/20/2020 05/20/20 Sold -- -- --
04/20/2020 04/20/20 Pending -- -- --
03/30/2020 03/30/20 Price Changed $250,000 -23.1% $93 / Sq Ft
02/07/2020 02/07/20 For Sale $325,000 -- $121 / 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
2024 $4,541 $40,480 $3,269 $37,211
2023 $4,414 $38,548 $3,269 $35,279
2022 $4,030 $34,258 $2,977 $31,281
2021 $3,548 $28,750 $2,977 $25,773
2020 $2,294 $18,549 $2,977 $15,572
2019 $2,350 $18,860 $2,481 $16,379
2018 $2,245 $17,906 $2,481 $15,425
2017 $1,779 $14,111 $2,481 $11,630
2016 $1,454 $11,891 $2,252 $9,639
2015 $1,397 $11,443 $2,252 $9,191
2013 -- $12,190 $2,048 $10,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2353652

Heartland MLS

APN: DP60200000-0144