NOT LISTED FOR SALE

1306 E 123rd Terrace Olathe, KS 66061

Olathe Area

Estimated Value: $271,000 - $740,000

12 Beds
8 Baths
5,228 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2021

Current estimated payment $4,194 / mo

1 Day on Market

About This Home

As of December 2021

Location Location Location! This nicely maintained 4-plex offers spacious apartments located next to Washington Elementary School and Santa Fe Middle School. These 3 bed, 2 bath units are 100% occupied!

Last Agent to Sell the Property

Ryan Gritters

Keller Williams Platinum Prtnr License #2013030054 Listed on: 11/11/2021

Keller Williams Platinum Prtnr

Last Buyer's Agent

Ryan Gritters

Keller Williams Platinum Prtnr License #2013030054 Listed on: 11/11/2021

Keller Williams Platinum Prtnr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 1980

Lot Details

  • 13,492 Sq Ft Lot

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Site Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number DP62800003-0021

Community Details

Overview

  • 4 Units
  • Ridgeview IV Homes Association
  • Ridgeview Iv Subdivision

Building Details

  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,331

Year Built

Built in 1980

Lot Details

0.31 Acres

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 41-50 Years
  • Legal Description: Ridgeview IV Lt 21 Blk 3 OLC 582 3 3 16 21
  • Package: No
  • Year Built: 1980
  • 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: Ryan Gritters
  • List Office Mls Id: KW02
  • List Office Name: Keller Williams Platinum Prtnr
  • List Office Phone: 816-525-7000
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 13234
  • Special Documents Required: No
  • Tax Total Amount: 6331
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Rng/Oven- Free Std, Washer
  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off-Site, Paved

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee: 267
  • Association Fee Frequency: Monthly

Association/Amenities

  • Association Name: Ridgeview IV Homes Association
  • Association: Yes

Lot Info

  • In Floodplain: Unknown
  • Zoning: RP3
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 13492.00
  • Parcel Number: DP62800003-0021
  • Subdivision Name: Ridgeview Iv

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 45000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Other, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 6331.00

MLS Schools

  • School District: Olathe

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 23, 2021
Sold by
Bought by
Seller's Agent
Ryan Gritters
Keller Williams Platinum Prtnr
Buyer's Agent
Ryan Gritters
Keller Williams Platinum Prtnr
List Price
$550,000
Current Estimated Value
$582,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$435,000
Interest Rate
0.0312%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,960
Interest Rate
0.0571%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- First United Title Agency
-- Stewart Title Co
-- Chicago Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $435,000
Previous Owner $270,960
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold -- -- --
11/12/2021 11/12/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $550,000 -- $105 / Sq Ft
Source: Heartland MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,137 $80,972 $13,708 $67,264
2023 $8,728 $75,417 $13,708 $61,709
2022 $8,259 $69,403 $10,948 $58,455
2021 $6,245 $50,324 $9,936 $40,388
2020 $6,331 $50,543 $9,936 $40,607
2019 $6,174 $48,967 $9,034 $39,933
2018 $5,445 $42,918 $8,211 $34,707
2017 $4,507 $35,213 $7,820 $27,393
2016 $4,457 $35,696 $7,820 $27,876
2015 $4,299 $34,454 $7,820 $26,634
2013 -- $29,038 $3,910 $25,128
Source: Public Records

Agents Affiliated with this Home

  • Ryan Gritters

    Seller's Agent in 2021

    Ryan Gritters

    Keller Williams Platinum Prtnr

    (641) 230-0244

    92 Total Sales

    Ryan Gritters
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Map

Source: Heartland MLS

MLS Number: 2354807

Heartland MLS

APN: DP62800003-0021

Kansas Johnson County Olathe 66061

1306 E 123rd Terrace, Olathe, KS

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 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.
Listings courtesy of Heartland MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393

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