NOT LISTED FOR SALE

1401 E 123rd St Olathe, KS 66061

Estimated Value: $305,000 - $442,000

6 Beds
4 Baths
1,656 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 28, 2017

Current estimated payment $2,224/month

19 Days on Market

Highlights

  • Attached Garage
  • Board and Batten Siding
  • Central Air
  • Olathe North Sr High School Rated A

About This Home

As of December 2017

Good Location with 3 Bdrms 2 Full Baths. Both Units have New Carpet and Interior Paint and are Move In Ready! Vacant and Easy to Show. Bring Your Investors! Being Sold "AS IS", inspections are for Buyers purposes only. DOM should have started 11/29/17 entered as Pre-Listing however when changed to Active DOM started as 17, not sure what happened and I am trying to get the correct DOM changed.

Last Agent to Sell the Property

Sherri McVey

KW KANSAS CITY METRO License #SP00232311 Listed on: 11/12/2017

Last Buyer's Agent

Mike Russell

Real Broker, LLC License #SP00225692

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1979

Lot Details

  • 10,237

Parking

  • Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 2-Story Property
  • Basement

Schools

  • Washington Elementary School
  • Olathe North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number DP50400003 0008

Community Details

Overview

  • 2 Units
  • North Ridge Subdivision

Building Details

  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,988

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 31-40 Years
  • Legal Description: North Ridge Subdivision First Plat LT 8 BLK 3 OLC 582 3 3 8
  • Restrictions: All Appliances, Door Bell, Fireplace
  • Package: No
  • Year Built: 1979
  • 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: Sherri McVey
  • List Office Mls Id: RAN 30
  • List Office Name: ReeceNichols Town Center
  • List Office Phone: 913-345-0700
  • Maintenance Provided: No
  • Mls Status: Sold
  • Special Documents Required: No
  • Tax Total Amount: 1988
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Natural 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

Schools

  • School District: Olathe
  • Elementary School: Washington
  • Middle School: Santa Fe Trail
  • High School: Olathe North
  • Middle/Junior School: Santa Fe Trail

Lot Info

  • In Floodplain: No
  • Zoning: Reside
  • Parcel Number: DP50400003 0008
  • Subdivision Name: North Ridge

Rental Info

  • Existing Lease Terms: None

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 21600
  • Operating Expenses Include: Maintenance

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1988.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2021
Sold by
Schamberger Phillip J and Schamberger Sarah J
Bought by
Sre Holdings Llc
Current Estimated Value
$360,189

Purchase Details

Closed on
Dec 31, 2020
Sold by
Sre Holdings Llc
Bought by
Schamberger Phillip J and Schamberger Sarah J

Purchase Details

Listed on
Nov 12, 2017
Closed on
Jan 4, 2018
Sold by
Schamberger Phillip J and Schamberger Sarah J
Bought by
Sre Holdings Llc
Seller's Agent
Sherri McVey
KW KANSAS CITY METRO
Buyer's Agent
Mike Russell
Real Broker, LLC
List Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$165,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2017
Closed on
Dec 28, 2017
Sold by
Papapantos Kostas M and Papapantos Angeliki
Bought by
Schamberger Phillip and Schamberger Phillip J
Seller's Agent
Sherri McVey
KW KANSAS CITY METRO
Buyer's Agent
Mike Russell
Real Broker, LLC
List Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Papapantos Kostas and Papapantos Angeliki
Bought by
Papapantos Kostas M and Papapantos Angeliki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,100
Interest Rate
5.04%
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
Sre Holdings Llc -- Platinum Title Llc
Sre Holdings Llc -- Platinum Title
Schamberger Phillip J -- Platinum Title Llc
Sre Holdings Llc -- Continental Title
Schamberger Phillip -- Midwest Title Company Inc
Papapantos Kostas M -- Title One Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schamberger Phillip $165,000
Previous Owner Papapantos Kostas M $96,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold -- -- --
12/01/2017 12/01/17 Pending -- -- --
11/12/2017 11/12/17 For Sale $215,000 -- $130 / 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 $3,687 $33,143 $5,836 $27,307
2023 $3,597 $31,568 $5,303 $26,265
2022 $3,316 $28,325 $4,415 $23,910
2021 $3,281 $26,611 $4,415 $22,196
2020 $3,121 $25,104 $3,835 $21,269
2019 $3,238 $25,852 $3,835 $22,017
2018 $3,007 $23,862 $3,338 $20,524
2017 $2,391 $18,848 $3,030 $15,818
2016 $2,169 $17,560 $3,030 $14,530
2015 $1,989 $16,135 $2,758 $13,377
2013 -- $15,686 $2,573 $13,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2079186

Heartland MLS

APN: DP50400003-0008