$327,000 - $353,000
RENTED JUL 28, 2025

12314 S Locust Cir Olathe, KS 66062

3 Beds
3 Baths
1,169 Sq Ft
$293 Price per Sq Ft

Last Sold August 13, 2018

Current estimated payment $2,151/month

Highlights

  • No HOA
  • Central Air
  • Carpet
  • Olathe East Sr High School Rated A-
  • 2 Car Garage

About This Home

As of July 2025

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we’re proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gather for fun-filled activities. Ready to make your next move your best move? Apply now. Take a tour today. We’ll never ask you to wire money or request funds through a payment app via mobile. The fixtures and finishes of this property may differ slightly from what is pictured.

Last Agent to Rent the Property

Haley Merriott

Main Street Renewal, LLC Brokerage Phone: 913-802-6515 License #2019033006 Listed on: 06/26/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,951

Year Built

  • Built in 1979

Lot Details

  • 0.37

Parking

  • 2 Car Garage

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Countryside Elementary School
  • Olathe East High School

Additional Features

  • Carpet
  • 0.37 Acre Lot
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number DP64400000-0044

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,951

Year Built

Built in 1979

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Negotiable
  • Tenant Pays: Interior Electric, Sewer, Water
  • Move In Date: 2025-06-26T00:00:00.000
  • Pet Deposit: 250

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Haley Merriott
  • List Office Mls Id: HMSMAIN
  • List Office Name: Main Street Renewal, LLC
  • List Office Phone: 913-444-6632
  • Mls Status: Leased
  • Value Range Pricing YN: 0
  • Lease Options: 1 To 3 Year Lease
  • Attribution Contact: 913-802-6515
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring: Carpet
  • Owner Pays: Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Bedrooms: 3

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Schools

  • Middle/Junior School: Pioneer Trail
  • Junior High Dist: Olathe

Lot Info

  • Lot Size Area: 16136
  • Lot Size Sq Ft: 16136
  • Parcel Number: DP64400000-0044

MLS Schools

  • Elementary School: Countryside
  • High School: Olathe East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Alto Asset Company 2 Llc
Bought by
Montpelier Assets Llc
Current Estimated Value
$342,312

Purchase Details

Closed on
Mar 4, 2020
Sold by
Luxor Sfr Spv 1 Llc
Bought by
Alto Asset Company 2 Llc and Srmz 4 Asset Company 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,162,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2019
Sold by
Eph 2 Assets Llc
Bought by
Luxor Sfr Spv 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 13, 2018
Sold by
Marx Brian and Marx Laura
Bought by
Eph 2 Assets Llc
Seller's Agent
Tony Long
Real Broker, LLC
Buyer's Agent
Spencer Lindahl
List Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Apr 25, 2018
Sold by
Schroeger Thomas F and Schroeger Colleen D
Bought by
Marx Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.44%
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
Montpelier Assets Llc -- Bchh Title
Montpelier Assets Llc -- Bchh Title
Montpelier Assets Llc -- Bchh Title
Alto Asset Company 2 Llc -- Bchh Inc
Luxor Sfr Spv 1 Llc -- None Available
Eph 2 Assets Llc $210,000 Bchh Inc
Marx Brian -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alto Asset Company 2 Llc $536,162,000
Previous Owner Luxor Sfr Spv 1 Llc $215,000,000
Previous Owner Marx Brian $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2025 07/28/25 Rented -- -- --
07/26/2025 07/26/25 Off Market $2,495 -- --
07/01/2025 07/01/25 Price Changed $2,495 -0.6% $2 / Sq Ft
06/26/2025 06/26/25 For Rent $2,510 0.0% --
08/13/2018 08/13/18 Sold -- -- -- View Prior Sale
07/16/2018 07/16/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $210,000 -- $93 / 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 $3,951 $35,409 $8,108 $27,301
2023 $3,796 $33,269 $7,046 $26,223
2022 $3,481 $29,693 $7,046 $22,647
2021 $3,400 $27,566 $6,409 $21,157
2020 $3,201 $25,737 $5,569 $20,168
2019 $3,022 $24,150 $5,569 $18,581
2018 $2,945 $23,380 $5,058 $18,322
2017 $2,619 $20,608 $4,392 $16,216
2016 $2,380 $19,228 $4,392 $14,836
2015 $2,289 $18,515 $4,392 $14,123
2013 -- $17,767 $4,258 $13,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2559099

Heartland MLS

APN: DP64400000-0044