1316 E 123rd Terrace Unit D Olathe, KS 66061
Estimated payment $1,612/month
Total Views
5,009
3
Beds
2
Baths
1,797
Sq Ft
$132
Price per Sq Ft
Highlights
- Popular Property
- Cul-De-Sac
- Central Air
- Olathe North Sr High School Rated A
- Attached Garage
- Carpet
About This Home
Cash-Flowing Investment Opportunity in Olathe!
Active lease through April 2026 makes this a turnkey addition to your portfolio. This beautifully updated end-unit townhome sits on a cul-de-sac and has been freshly remodeled with NEW vinyl plank on the main level, NEW Carpet on the 2nd level, FRESH interior paint, NEW light fixtures, and NEW kitchen appliances and countertops.
This townhouse offers 3 bedrooms, 2 bathrooms, a covered carport, and an unfinished basement for additional storage—plenty of space and convenience for tenants or future owners.
Features include:
Formal dining room with sliding door leading to the spacious backyard deck.
Laundry conveniently located on the main level.
Low monthly HOA dues. Exterior replacement and maintenance such as roof, siding, and painting is covered by the HOA with some exceptions.
Spacious layout offering great value.
Prime location—walking distance to schools, just minutes from the highway, and close to shopping and dining along Olathe’s main streets.
This one won’t last long—schedule your showing today!
Listing Agent
KW Diamond Partners Brokerage Phone: 913-963-1267 License #SP00050015 Listed on: 08/31/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,033
Year Built
- Built in 1981
Lot Details
- 4,950 Sq Ft Lot
- Cul-De-Sac
HOA Fees
- $75 Monthly HOA Fees
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- Carpet
- Laundry on main level
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Attached Garage
- Carport
Schools
- Washington Elementary School
- Olathe North High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Association fees include lawn service, roof repair, roof replacement, snow removal
- Ridgeview IV Homes Association
- Ridgeview Iv Subdivision
Listing and Financial Details
- Assessor Parcel Number DP62800003-0016B
- $0 special tax assessment
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,999 | $21,678 | $3,427 | $18,251 |
| 2023 | $2,876 | $20,873 | $3,427 | $17,446 |
| 2022 | $2,112 | $18,320 | $2,737 | $15,583 |
| 2021 | $1,879 | $15,399 | $2,484 | $12,915 |
| 2020 | $1,826 | $14,835 | $2,484 | $12,351 |
| 2019 | $1,777 | $14,352 | $2,259 | $12,093 |
| 2018 | $1,498 | $12,064 | $2,053 | $10,011 |
| 2017 | $1,148 | $9,235 | $1,955 | $7,280 |
| 2016 | $1,209 | $9,948 | $1,955 | $7,993 |
| 2015 | $1,209 | $9,948 | $1,955 | $7,993 |
| 2013 | -- | $9,430 | $1,955 | $7,475 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $237,500 | +35.7% | $132 / Sq Ft |
| 09/13/2022 09/13/22 | Sold | -- | -- | -- |
| 07/30/2022 07/30/22 | Pending | -- | -- | -- |
| 07/28/2022 07/28/22 | Price Changed | $175,000 | -36.4% | $97 / Sq Ft |
| 07/28/2022 07/28/22 | For Sale | $275,000 | -- | $153 / Sq Ft |
Source: Heartland MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Nations Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $108,000 | New Conventional | |
| Previous Owner | $99,826 | FHA | |
| Previous Owner | $108,960 | FHA | |
| Previous Owner | $97,200 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $20,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
Larry's Other Listings
Source: Heartland MLS
MLS Number: 2572147
APN: DP62800003-0016B
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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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