NOT LISTED FOR SALE

1304 E 123rd Terrace Olathe, KS 66061

Estimated Value: $255,000 - $755,000

9 Beds
8 Baths
4,458 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 26, 2014

Current estimated payment $3,707/month

125 Days on Market

About This Home

As of September 2014

New Price! New Roof! New Gutters! and the HOA has replaced the Siding!! Investment Opportunity in Johnson County! 3 2 bedroom units rent for $675, 3 bedroom vacant for showing. Walk to Schools and shopping.
Sellers have several investment properties, call for more details. Unit B is vacant with a lock box, please show. Contact Kathy to show occupied units, Allow 24-48 hours to set up. Expenses include payment to outside management company.

Last Agent to Sell the Property

Kathy Stevens

RE/MAX State Line License #BR00030359 Listed on: 04/04/2014

RE/MAX State Line

Last Buyer's Agent

Abe Bastani

Platinum Realty LLC License #SP00051933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,922

Lot Details

  • 0.31

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Schools

  • Washington Elementary School
  • Olathe North High School

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number DP62800003 0022

Community Details

Overview

  • 4 Units
  • Ridgeview Iv Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $33,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,922

Lot Details

0.31 Acres

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 31-40 Years
  • Legal Description: Ridgeview IV LT 22 BLK 3
  • Restrictions: Subdivision
  • Package: Yes
  • Down Payment Deprecated: 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: Kathy Stevens
  • List Office Mls Id: RMX 20
  • List Office Name: RE/MAX Best Associates
  • List Office Phone: 913-345-2378
  • Maintenance Description: Lawn, Snow Removal
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 9543
  • Special Documents Required: No
  • Tax Total Amount: 2922
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: No
  • Parking Features: Assigned Parking

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: Other
  • Association Fee: 210
  • Association Fee Frequency: Monthly

Schools

  • Middle/Junior School: Santa Fe Trail

Lot Info

  • In Floodplain: No
  • Zoning: res
  • Parcel Number: DP62800003 0022
  • Subdivision Name: Ridgeview Iv

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 33840
  • Current Occupancy Rate: 80-90%
  • Operating Expenses Include: Accounting, Maintenance, Property Mgmt

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2922.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Sep 24, 2014
Sold by
Herigtage Apartments L L C
Bought by
Singh Gurdit and Kaur Harvinder
Seller's Agent
Kathy Stevens
RE/MAX State Line
Buyer's Agent
Abe Bastani
Platinum Realty LLC
List Price
$299,950
Current Estimated Value
$534,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Feb 7, 2013
Sold by
Lamson James W and Lamson Pamela R
Bought by
Heritage Apartments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Singh Gurdit -- Continental Title
Heritage Apartments Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold -- -- --
08/07/2014 08/07/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $299,950 -- $67 / Sq Ft
Source: Heartland MLS

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
2025 $8,898 $80,397 $13,708 $66,689
2023 $8,395 $72,565 $13,708 $58,857
2022 $8,047 $67,643 $10,948 $56,695
2021 $6,022 $48,542 $9,936 $38,606
2020 $6,123 $48,898 $9,936 $38,962
2019 $5,944 $47,161 $9,034 $38,127
2018 $5,054 $39,859 $8,211 $31,648
2017 $4,778 $37,306 $7,820 $29,486
2016 $4,548 $36,421 $7,820 $28,601
2015 $3,812 $30,590 $7,820 $22,770
2013 -- $23,667 $3,910 $19,757
Source: Public Records

Agents Affiliated with this Home

  • Kathy Stevens

    Seller's Agent in 2014

    Kathy Stevens

    RE/MAX State Line

    (816) 392-6039

    19 in this area

    59 Total Sales

    Kathy Stevens
    Section Image

  • A

    Buyer's Agent in 2014

    Abe Bastani

    Platinum Realty LLC

See All Agents

Map

Source: Heartland MLS

MLS Number: 1876479

Heartland MLS

APN: DP62800003-0022

Kansas Johnson County Olathe 66061

1304 E 123rd Terrace, Olathe, KS

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Heartland MLS Based on information submitted to the MLS Grid. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393
Based on information submitted to the MLS GRID.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.