NOT LISTED FOR SALE

1415 E Penrose Ln Olathe, KS 66062

Estimated Value: $330,000 - $428,000

6 Beds
4 Baths
3,352 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 12, 2024

Current estimated payment $2,376/month

6 Days on Market

Highlights

  • Deck
  • No HOA
  • Board and Batten Siding
  • Olathe North Sr High School Rated A
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

Rare full duplex in Olathe, sits on .37 acres, huge lots at the end of a culdesac. Tenant just moved out on the one side you can see, seller is selling in as is condition. Upon accepted offer you can see the occupied side. Walking distance to elementary school and MNU. Close to the FAA campus. Features a living room, family room with fireplace, kitchen with pantry, 3 bedrooms and 2 baths. Live on one side and rent the other side to bring extra income. Sellers disclosure will be ready in a week.

Last Agent to Sell the Property

Charlene MacCallum

EXP Realty LLC Brokerage Phone: 913-782-8857 License #BR00022449 Listed on: 12/11/2023

EXP Realty LLC

Last Buyer's Agent

Andrew Kneisler

ReeceNichols - Leawood License #SP00220666

ReeceNichols - Leawood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1980

Lot Details

  • 0.36 Acre Lot
  • Fenced

Parking

  • Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 3,352 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement

Kitchen

  • Built-In Electric Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Schools

  • Havencroft Elementary School

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number DP30000030-0011
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Havencroft Subdivision

Building Details

  • Gross Income $24,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1980
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Char MacCallum
  • List Office Mls Id: HMSEXP2
  • List Office Name: EXP Realty LLC
  • List Office Phone: 913-451-6767
  • Mls Status: Sold
  • Operating Expense: 3800
  • Age Description: 41-50 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 3800
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 913-782-8857
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Hood, Built-In Electric Oven
  • Basement: Yes
  • Laundry Features: Inside, Utility Room
  • Stories: 2

Exterior Features

  • Exterior Features: Fence
  • Roof: Composition
  • Construction Materials: Board/Batten, Brick Trim
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: continential title

Schools

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

Lot Info

  • Zoning: R-2
  • Building Area Total: 3352
  • Lot Size Area: 0.36
  • Lot Size Sq Ft: 15681.6
  • Parcel Number: DP30000030-0011
  • Subdivision Name: Havencroft
  • ResoLotSizeUnits: Acres
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: Month To Month

Multi Family

  • Gross Income: 24540
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3800
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Havencroft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Jan 11, 2024
Sold by
Penrose Real Estate Llc
Bought by
Brown Benjamin and Brown Mark David
Seller's Agent
Charlene MacCallum
EXP Realty LLC
Buyer's Agent
Andrew Kneisler
ReeceNichols - Leawood
List Price
$395,000
Views
28
Current Estimated Value
$388,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.68%
Original Mortgage
$375,250
Outstanding Balance
$368,782
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$19,609

Purchase Details

Closed on
Oct 12, 2021
Sold by
Edwards Rick A and Edwards Debra B
Bought by
Penrose Real Estate Llc

Purchase Details

Closed on
Sep 29, 2016
Sold by
Campbell Gwendolyn G
Bought by
Campbell Larry L
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
Brown Benjamin -- Continental Title Company
Penrose Real Estate Llc -- None Available
Campbell Larry L -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Benjamin $375,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold -- -- --
12/11/2023 12/11/23 For Sale $395,000 -- $118 / 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 $3,710 $33,338 $7,146 $26,192
2023 $3,800 $33,304 $6,499 $26,805
2022 $3,582 $30,533 $5,903 $24,630
2021 $3,309 $26,841 $5,131 $21,710
2020 $3,149 $25,323 $5,131 $20,192
2019 $3,093 $24,713 $4,280 $20,433
2016 $2,414 $19,504 $4,280 $15,224
2015 $2,115 $17,135 $4,280 $12,855
2013 -- $16,617 $4,280 $12,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2466101

Heartland MLS

APN: DP30000030-0011