NOT LISTED FOR SALE

1400 E Ridgeway Dr Olathe, KS 66061

-- Bed
-- Bath
6,864 Sq Ft
0.45 Acres

Last Sold January 15, 2020

26 Days on Market

Highlights

  • 19,602 Sq Ft lot
  • Open to Family Room
  • Cooling Available
  • Olathe North Sr High School Rated A
  • Storm Windows
  • Laundry Facilities

About This Home

As of January 2020

WHAT A BUY - EIGHT APARTMENTS -TWO STORY - ALL BRICK BUILDING - FULL BASEMENT - 100% OCCUPIED - GREAT SHAPE & VERY CLEAN - A LOT OF IMPROVEMENTS & REMODELING - ALL NEW WINDOWS & PTAC HEATING/AC SYSTEMS IN EACH UNIT - DETAILED INFORMATION ON ATTACHMENT OF SELLERS DISCLOSURE - TO SHOW: APPROVED PROOF OF FUNDS TO LISTING AGENT-------EXCELLENT INVESTMENT PROPERTY--------MUST HAVE APPOINTMENT & LISTING AGENT MUST BE THERE FOR ENTRANCE TO BUILDING - ITS A MUST !!!! THAT IS BUILDING #B ==== ATTACHED ====== STRUCTURAL ENGINEER'S INSPECTION - GOOD REPORT - DATED 09/10/2019
INFORMATION ON APARTMENTS -SIZES - BEDROOMS 3,2&1 - RENTS - PARKING - AMENITIES

Last Agent to Sell the Property

Dixie D Carter

ReeceNichols -Johnson County W License #SP00031520 Listed on: 11/15/2019

Last Buyer's Agent

Dixie D Carter

ReeceNichols -Johnson County W License #SP00031520 Listed on: 11/15/2019

Property Details

Home Type

  • Apartment

Lot Details

  • 0.45 Acre Lot

Home Design

  • Brick Frame
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • Open to Family Room
  • Basement

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 16 Parking Spaces
  • Assigned Parking

Schools

  • Ridgeview Elementary School
  • Olathe North High School

Utilities

  • Cooling Available
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number DP63000003 000C5

Community Details

Overview

  • 8 Units
  • Ridgeview Addition Subdivision
  • On-Site Maintenance

Additional Features

  • Laundry Facilities
  • Gross Income $65,640

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 41-50 Years
  • Legal Description: RIDGEVIEW ADDITION TO THE CITY OF OLATHE KANSAS BLOCKS 1 TO 4 INCLUSIVE N 92.5 E 210' LT C BLK 3 OLC 2639 26E BLOCK/LOT: 003/00C5
  • Package: No
  • Dining Area Features: Kit/Family Combo
  • 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: Dixie D Carter
  • List Office Mls Id: RAN 26
  • List Office Name: ReeceNichols -Olathe
  • List Office Phone: 913-782-8822
  • List Office Phone Ext: 4243
  • Maintenance Description: Building Exterior
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 8940
  • Other Room Features: Private Bath
  • Special Documents Required: No
  • Unit Type: 1 Bedroom, 2 Bedroom, 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Common Entry
  • Basement: Yes
  • Laundry Features: Central Laundry
  • Stories: 2
  • Window Features: Storm Windows

Exterior Features

  • Roof: Slate
  • Construction Materials: Brick & Frame

Garage/Parking

  • Garage: No
  • Parking Features: Assigned Parking, Other
  • Total Parking Spaces: 16

Utilities

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

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • Middle/Junior School: Indian Trail

Lot Info

  • In Floodplain: No
  • Zoning: R-3
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 19602.00
  • Parcel Number: DP63000003 000C5
  • Subdivision Name: Ridgeview Addition

Rental Info

  • Existing Lease Terms: Other

Building Info

  • Number of Units Total: 8

Multi Family

  • Gross Income: 65640
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax, Refuse Collection, Sewer

Tax Info

  • Tax Abatement: No

MLS Schools

  • Elementary School: Ridgeview
  • School District: Olathe
  • High School: Olathe North
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold -- -- --
12/11/2019 12/11/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $700,000 -- $102 / 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 $8,385 $74,750 $7,260 $67,490
2023 $7,654 $66,240 $7,260 $58,980
2022 $7,518 $63,250 $6,702 $56,548
2021 $6,998 $56,350 $2,792 $53,558
2020 $5,163 $41,285 $2,792 $38,493
2019 $5,154 $40,940 $4,084 $36,856
2018 $4,942 $38,985 $3,271 $35,714
2017 $4,430 $34,615 $3,271 $31,344
2016 $3,450 $27,715 $3,271 $24,444
2015 $3,391 $27,255 $3,271 $23,984
2013 -- $27,830 $5,980 $21,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2198035

Heartland MLS
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