NOT LISTED FOR SALE

1416 E Sheridan St Olathe, KS 66062

Olathe Area

Estimated Value: $423,000 - $454,000

4 Beds
4 Baths
2,096 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2023

Current estimated payment $2,798 / mo

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Olathe North Sr High School Rated A
  • 4 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of March 2023

This spacious duplex features two units, one with 2 bedrooms and 2 full baths, and the other with 2 bedrooms and 1.1 baths. Both units also come with a bonus room that can be used as a nonconforming bedroom, providing extra space for guests, an office, or a playroom.
The property is well-maintained and move-in ready, with beautiful hardwood floors and ample natural light throughout. The kitchens are equipped with modern appliances, ample cabinetry, and sleek countertops, making cooking and entertaining a breeze.

The duplex is located in the highly sought-after Havencroft Subdivision, known for its great community, beautiful parks, and excellent schools. The location is also perfect for those who want easy access to shops, restaurants, 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

Matt Graham

Epique Realty License #2006004061 Listed on: 03/13/2023

Co-Listed By

Jordan Hunter

Epique Realty License #1784218

Last Buyer's Agent

Tiffany Nyquist

Berkshire Hathaway HomeServices All-Pro Real Estate License #1899946

Berkshire Hathaway HomeServices All-Pro Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 1973

Lot Details

  • 0.44

Home Design

  • Duplex
  • Brick Frame
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laundry in Garage
  • Basement

Parking

  • 4 Car Attached Garage
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 18,992 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number DP30000022-0017

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Havencroft Subdivision

Building Details

  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,441

Year Built

Built in 1973

Lot Details

0.44 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 41-50 Years
  • Legal Description: HAVENCROFT LT 17 BLK 22 OLC 638 22 17
  • Package: No
  • Year Built: 1973
  • Senior Community: No
  • Co List Office Mls Id: EXP2
  • Co List Office Name: EXP Realty LLC
  • Co List Office Phone: 913-451-6767
  • 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: Matt Graham
  • Listing Service: Full Service
  • List Office Mls Id: EXP2
  • List Office Name: EXP Realty LLC
  • List Office Phone: 913-451-6767
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 5000
  • Special Documents Required: No
  • Tax Total Amount: 3441
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: In The Garage
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame, Frame
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage: Yes
  • Parking Features: Assigned Parking, Attached, Garage
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Cent Water Heater
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Lot Info

  • In Floodplain: No
  • Zoning: Multi
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 18992.00
  • Parcel Number: DP30000022-0017
  • Subdivision Name: Havencroft

Rental Info

  • Existing Lease Terms: One Year Lease

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 34200
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Accounting, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3441.00

MLS Schools

  • School District: Olathe

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Mar 30, 2023
Sold by
Bought by
Seller's Agent
Matt Graham
Epique Realty
Buyer's Agent
Tiffany Nyquist
Berkshire Hathaway HomeServices All-Pro Real Estate
List Price
$350,000
Views
79
Current Estimated Value
$435,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
May 20, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,430
Interest Rate
0.044%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
0.0537%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- None Available
-- None Available
-- Realty Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $199,430
Previous Owner $147,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold -- -- --
03/16/2023 03/16/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $350,000 -- $167 / Sq Ft
Source: Heartland MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,185 $46,598 $6,762 $39,836
2024 $4,900 $43,562 $7,652 $35,910
2023 $3,604 $31,625 $6,960 $24,665
2022 $3,441 $29,360 $6,322 $23,038
2021 $3,183 $25,829 $4,947 $20,882
2020 $3,028 $24,368 $4,947 $19,421
2019 $2,987 $23,874 $4,123 $19,751
Source: Public Records

Agents Affiliated with this Home

  • Matt Graham

    Seller's Agent in 2023

    Matt Graham

    Epique Realty

    (888) 893-3537

    38 Total Sales

    Matt Graham
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jordan Hunter

    Epique Realty

    Section Image

  • T

    Buyer's Agent in 2023

    Tiffany Nyquist

    Berkshire Hathaway HomeServices All-Pro Real Estate

    (913) 952-9244

    23 Total Sales

    Tiffany Nyquist
    Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 2425193

Heartland MLS

APN: DP30000022-0017

Kansas Johnson County Olathe 66062

1416 E Sheridan St, Olathe, KS

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Heartland MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listings courtesy of Heartland MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393

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