NOT LISTED FOR SALE

1428 E Sheridan St Olathe, KS 66062

Estimated Value: $422,537

4 Beds
4 Baths
2,864 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 26, 2024

Current estimated payment $2,708/month

1 Day on Market

Highlights

  • Deck
  • No HOA
  • Central Air
  • Olathe North Sr High School Rated A
  • 4 Car Attached Garage
  • Private Entrance

About This Home

As of March 2024

Whether you are a savvy investor or seeking a comfortable residence, this duplex offers the ideal blend of convenience and financial opportunity. Each unit boasts 2 bedrooms and 2 bathrooms with a large living room adorned with a stone fireplace and a sliding door that opens to the large fenced backyard. The spacious dining room has a sliding door that opens to the front patio. One side has been recently updated with all new flooring (luxury vinyl and carpet), fresh white and bright paint, new lighting and a new master vanity. The other side is currently rented. Now is the Perfect Time to invest in Real Estate!

Last Agent to Sell the Property

The Collective Team

Compass Realty Group Brokerage Phone: 913-359-9333 Listed on: 02/05/2024

Compass Realty Group

Co-Listed By

Jennifer Weaver

Compass Realty Group Brokerage Phone: 913-359-9333 License #SP00235160

Last Buyer's Agent

Michelle Campbell

Keller Williams Realty Partners Inc. License #SP00225264

Keller Williams Realty Partners Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,549

Year Built

  • Built in 1971

Lot Details

  • 6,190 Sq Ft Lot
  • Private Entrance

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2,864 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • Basement

Outdoor Features

  • Deck

Schools

  • Havencroft Elementary School
  • Olathe South High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Havencroft Subdivision

Listing and Financial Details

  • Assessor Parcel Number DP30000022-0014
  • $0 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,549

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1971
  • Co List Office Mls Id: HMSCMLC
  • Co List Office Name: Compass Realty Group
  • Co List Office Phone: 816-280-2773
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: The Collective Team
  • List Office Mls Id: HMSCMLC
  • List Office Name: Compass Realty Group
  • List Office Phone: 816-280-2773
  • Mls Status: Sold
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 4549
  • Value Range Pricing YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Phone Other: 913-375-6822
  • Package: Yes
  • Attribution Contact: 913-359-9333
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Apply To All Units, Individual Storage, Private Entry
  • Basement: Yes
  • Laundry Features: Inside, Utility Room
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Stone Veneer, Vinyl Siding
  • Patio And Porch Features: Deck
  • Inside City Limits: Yes

Garage/Parking

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

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: Continental Title

Schools

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

Lot Info

  • Zoning: R2
  • Building Area Total: 2864
  • Lot Size Area: 6190
  • Lot Size Sq Ft: 6190
  • Parcel Number: DP30000022-0014
  • Subdivision Name: Havencroft
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: Other

Tax Info

  • Tax Annual Amount: 4549
  • Tax Abatement YN: 0

Multi Family

  • Unit Count: 2

MLS Schools

  • Elementary School: Havencroft
  • High School: Olathe South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 25, 2024
Sold by
Schulteis Ryan and Schulteis Taylor L
Bought by
Duncan Debrah A
Seller's Agent
The Collective Team
Compass Realty Group
Buyer's Agent
Michelle Campbell
Keller Williams Realty Partners Inc.
List Price
$420,000
Sold Price
$431,200
Premium/Discount to List
$11,200
2.67%
Total Days on Market
1
Views
34
Current Estimated Value
$422,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,663
Avg. Annual Appreciation
-1.65%
Original Mortgage
$245,000
Outstanding Balance
$242,399
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$180,138

Purchase Details

Closed on
Jan 16, 2024
Sold by
North James M and North Dawn M
Bought by
Schulteis Ryan and Schulteis Taylor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2018
Closed on
Mar 5, 2018
Sold by
Hoffman Linda and Hoffman Linda L
Bought by
North James M and North Dawn M
Seller's Agent
BG Group
Compass Realty Group
Buyer's Agent
Jim Vogel
KW KANSAS CITY METRO
List Price
$250,000
Sold Price
$248,250
Premium/Discount to List
-$1,750
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Apr 25, 2017
Sold by
Hamblin Juanita
Bought by
Hoffman Linda
Source: Public Records

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Range of Values:

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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
Duncan Debrah A -- Continental Title Company
Duncan Debrah A -- Continental Title Company
Schulteis Ryan -- Platinum Title
North James M -- Kansas City Title Inc
Hoffman Linda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Debrah A $30,000
Open Duncan Debrah A $245,000
Closed Duncan Debrah A $245,000
Previous Owner Schulteis Ryan $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold -- -- --
02/18/2024 02/18/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $420,000 +68.0% $147 / Sq Ft
03/05/2018 03/05/18 Sold -- -- --
02/22/2018 02/22/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $250,000 -- $87 / 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 $4,161 $37,214 $7,447 $29,767
2023 $4,549 $39,699 $6,774 $32,925
2022 $4,298 $36,490 $6,153 $30,337
2021 $3,969 $32,119 $4,815 $27,304
2020 $3,777 $30,302 $4,815 $25,487
2019 $3,580 $28,543 $4,012 $24,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2471348

Heartland MLS

APN: DP30000022-0014