NOT LISTED FOR SALE

1405 E Ridgeway Dr Olathe, KS 66061

Estimated Value: $361,000 - $412,000

4 Beds
3 Baths
2,844 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 22, 2023

Current estimated payment $2,413/month

Highlights

  • No HOA
  • Stainless Steel Appliances
  • 2 Car Garage
  • Olathe North Sr High School Rated A
  • Central Air

About This Home

As of December 2023

This beautiful Johnson County duplex is TURNKEY. It has been completely renovated in 2021 and since has had a finished basement flex room with laundry, privacy fence, and new back patio for both units. One side has a long term tenant 2 bed 1 baths for $1,600/month and the other side is a successful short term rental 3 bed 1.5 baths. THIS IS THE DREAM. Floor plan is a side to side split with large open living room and eat-in kitchen large enough for a dining table. Don't miss the attention to detail in this beautiful property.

Last Agent to Sell the Property

Erin Kuntzsch

KW KANSAS CITY METRO Brokerage Phone: 913-660-4151 License #SP00236265 Listed on: 11/08/2023

KW KANSAS CITY METRO

Last Buyer's Agent

Pardeep Singh

Platinum Realty LLC License #00244047

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,531

Year Built

  • Built in 1961

Lot Details

  • 10,078 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,844 Sq Ft Home
  • 2-Story Property
  • Basement
  • Laundry in Basement

Kitchen

  • Built-In Electric Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Schools

  • Ridgeview Elementary School
  • Olathe North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number DP63400001-0029
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ridgeview Addition Subdivision

Building Details

  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,531

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1961
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Erin Kuntzsch
  • Listing Service: Full Service
  • List Office Mls Id: HMSKW04
  • List Office Name: KW KANSAS CITY METRO
  • List Office Phone: 913-825-7500
  • Mls Status: Sold
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 4531
  • Value Range Pricing YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 913-660-4151
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Built-In Electric Oven, Stainless Steel Appliance(s)
  • Basement: Yes
  • Laundry Features: In Basement
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Trim, Vinyl Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air
  • Cooling: Yes
  • Water Source: Public

Association/Amenities

  • Association: No

Condo/Co-op/Association

  • Type Of Management: Other

Fee Information

  • Deposit: Alliance Title

Schools

  • Middle/Junior School: Indian Trail
  • Junior High Dist: Olathe

Lot Info

  • Zoning: R
  • Building Area Total: 2844
  • Lot Size Area: 10078
  • Lot Size Sq Ft: 10078
  • Parcel Number: DP63400001-0029
  • Subdivision Name: Ridgeview Addition
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: Daily,One Year Lease

Multi Family

  • Gross Income: 49200
  • Current Occupancy Rate: Under 80%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4531
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Ridgeview
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Dec 21, 2023
Sold by
Rojas Ryan Michael and King Jasmine Tysha
Bought by
Pb Kirans Inc
Seller's Agent
Erin Kuntzsch
KW KANSAS CITY METRO
Buyer's Agent
Pardeep Singh
Platinum Realty LLC
List Price
$435,000
Views
19
Current Estimated Value
$385,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.56%

Purchase Details

Listed on
Sep 25, 2021
Closed on
Oct 13, 2021
Sold by
Ga Investments Llc
Bought by
King Jasmine Tysha Woodsi and Rojas Ryan Michael
Seller's Agent
Betty Simmons
RE/MAX Premier Realty
Buyer's Agent
Erin Kuntzsch
KW KANSAS CITY METRO
List Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$338,751
Interest Rate
2.88%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 4, 2021
Sold by
Shandy Gregory P
Bought by
Ga Investments Llc
Seller's Agent
Betty Simmons
RE/MAX Premier Realty
Buyer's Agent
Betty Simmons
RE/MAX Premier Realty
List Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
849.82%
Original Mortgage
$196,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Pb Kirans Inc -- None Listed On Document
King Jasmine Tysha Woodsi -- Security 1St Title
Ga Investments Llc -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Jasmine Tysha Woodsi $338,751
Previous Owner Ga Investments Llc $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold -- -- --
11/12/2023 11/12/23 Pending -- -- --
11/11/2023 11/11/23 For Sale $435,000 +16.0% $153 / Sq Ft
10/22/2021 10/22/21 Sold -- -- --
09/28/2021 09/28/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $375,000 +150.0% $150 / Sq Ft
06/10/2021 06/10/21 Sold -- -- --
04/13/2021 04/13/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $150,000 -- $60 / 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 $4,547 $40,526 $4,897 $35,629
2023 $4,693 $40,929 $4,897 $36,032
2022 $4,531 $38,422 $4,452 $33,970
2021 $2,592 $21,102 $3,705 $17,397
2020 $2,465 $19,907 $3,370 $16,537
2019 $2,541 $20,367 $3,370 $16,997
2018 $2,204 $17,584 $2,803 $14,781
2017 $2,002 $15,836 $2,803 $13,033
2016 $1,688 $13,743 $2,551 $11,192
2015 $1,591 $12,984 $2,551 $10,433
2013 -- $12,190 $2,551 $9,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2462576

Heartland MLS

APN: DP63400001-0029