NOT LISTED FOR SALE

1409 E Ridgeway Dr Olathe, KS 66061

Estimated Value: $335,000 - $412,000

4 Beds
3 Baths
2,196 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 20, 2023

Current estimated payment $2,372/month

2 Days on Market

Highlights

  • Deck
  • No HOA
  • Brick Veneer
  • Olathe North Sr High School Rated A
  • 2 Car Attached Garage
  • Central Air

About This Home

As of June 2023

Rare opportunity for FULL duplex!! Brand new exterior paint. 1409- Unit offers 3 bedroom and 1 full bath. Has NEW interior paint throughout. Painted cabinets, New stair carpet and 3rd bedroom carpet. Bathroom complete with new toilet, new vanity light and new flooring. LED lighting throughout. 1411-Unit offers 3 bedroom and 2 full bath. NEW interior paint throughout. Painted cabinets. Hardwoods leads to upstairs. Newer vanity in primary bathroom. New vanity in hall bath. NEW HVAC system (April 2023) Both units feature hardwood floors and fireplaces, Windows are newer in whole duplex minus basement. The location is also perfect for those who want easy access to shops, restaurants, schools and entertainment options in Olathe. This duplex presents a fantastic opportunity for someone who wants to invest in real estate or generate passive income by renting out one of the units while living in the other. Don't miss out on this fantastic investment opportunity! Schedule a showing today and see why this duplex is the perfect place to call home.

Last Agent to Sell the Property

Elizabeth Mortimer

Seek Real Estate License #SP00231103 Listed on: 05/17/2023

Last Buyer's Agent

Ben Bond

Keller Williams KC North License #2013043823

Keller Williams KC North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1965

Lot Details

  • 10,078 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,196 Sq Ft Home
  • 2-Story Property
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector
  • Dishwasher

Outdoor Features

  • Deck

Schools

  • Ridgeview Elementary School
  • Olathe North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number DP63400001-0030
  • $0 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,197

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1965
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Elizabeth Mortimer
  • Listing Service: Full Service
  • List Office Mls Id: HMSSEEK
  • List Office Name: Seek Real Estate
  • List Office Phone: 888-644-7335
  • Mls Status: Sold
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Basement: Yes
  • Laundry Features: In Basement
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved

Garage/Parking

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

Utilities

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

Association/Amenities

  • Association: No

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Fee Information

  • Deposit: Secured Title Of Kansas City

Schools

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

Lot Info

  • Zoning: R2
  • Building Area Total: 2196
  • Lot Size Sq Ft: 10078
  • Parcel Number: DP63400001-0030
  • Subdivision Name: Ridgeview Addition
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: None

Tax Info

  • Tax Annual Amount: 3197
  • Tax Abatement YN: 0

Multi Family

  • Current Occupancy Rate: Vacant
  • Unit Count: 2

MLS Schools

  • Elementary School: Ridgeview
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2012
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Sheridan Properties Llc
Current Estimated Value
$377,733

Purchase Details

Closed on
Jun 21, 2012
Sold by
Olivo Jose and Olivo J
Bought by
One West Bank Fsb

Purchase Details

Closed on
Dec 27, 2006
Sold by
Pitts Tressa M
Bought by
Olivo Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sheridan Properties Llc -- --
One West Bank Fsb $140,961 None Available
Olivo Jose -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olivo Jose $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold -- -- --
05/20/2023 05/20/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $340,000 -- $155 / 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 $4,790 $42,619 $4,928 $37,691
2023 $3,597 $31,568 $4,928 $26,640
2022 $3,197 $27,335 $4,480 $22,855
2021 $2,931 $23,816 $3,729 $20,087
2020 $2,789 $22,471 $3,390 $19,081
2019 $2,811 $22,494 $3,390 $19,104
2018 $2,486 $19,792 $2,821 $16,971
2017 $2,280 $17,986 $2,821 $15,165
2016 $1,997 $16,192 $2,567 $13,625
2015 $1,848 $15,019 $2,567 $12,452
2013 -- $10,684 $2,567 $8,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2433068

Heartland MLS

APN: DP63400001-0030