NOT LISTED FOR SALE

1429 E Sheridan St Olathe, KS 66062

Estimated Value: $424,000 - $488,000

6 Beds
4 Baths
2,224 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 10, 2014

Current estimated payment $2,763/month

68 Days on Market

Highlights

  • Fireplace
  • Attached Garage
  • Board and Batten Siding
  • Olathe South Sr High School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of January 2014

Great Investment Opportunity. Awesome Location. Easy to Rent. Olathe Schools. East side of I35 in Olathe! Units are leased with great tenants. Property is well maintained with vinyl siding & brick exterior making bldg easy to care for. Each unit features huge, open & vaulted family rooms w/ soaring ceilings & brick fireplace, updated kitchens & bathrooms, additional living room with fireplace. Private and separated by fence back yard with patio. Has multiple living areas. Kitchen is on garage level. High visibility location makes these units rent fast. Call listing agent for detailed Rent and Lease information.

Last Agent to Sell the Property

James Coyle

Coyle Properties, LLC License #BK00048629 Listed on: 09/30/2013

Co-Listed By

Cj Garrett

Heartland Realty, LLC License #SP00232972

Last Buyer's Agent

Hobie Reber

Keller Williams Realty Partners Inc. License #SP00051939

Keller Williams Realty Partners Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,353

Year Built

  • Built in 1973

Lot Details

  • Private Entrance
  • Fenced

Parking

  • Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Window Treatments
  • Family Room
  • Carpet
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Finished Basement

Schools

  • Havencroft Elementary School
  • Olathe South High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number DP30000006 0002

Community Details

Overview

  • 2 Units
  • Havencroft Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,353

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 31-40 Years
  • Legal Description: HAVENCROFT LT 2 BLK 6 EX BG E CR SW 43.68' ALG SE/L NW TO PT ON NE/L 12.08' NW E CR SE TO POB OLC 638 6 2
  • Package: Yes
  • Year Built: 1973
  • Co List Office Mls Id: COYL
  • Co List Office Name: Coyle Properties, LLC
  • Co List Office Phone: 913-226-7774
  • Dining Area Features: Eat-In Kitchen
  • Down Payment Deprecated: No
  • 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: James Coyle
  • List Office Mls Id: COYL
  • List Office Name: Coyle Properties, LLC
  • List Office Phone: 913-226-7774
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 4673
  • Other Room Features: Family Room, Private Bath
  • Special Documents Required: No
  • Tax Total Amount: 2353
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Private Entry, Prt Window Cover
  • Basement: Finished
  • Basement: Yes
  • Fireplace: Yes
  • Flooring: Carpeted Floors
  • Laundry Features: Inside
  • Stories: 3

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Olathe
  • Elementary School: Havencroft
  • Middle School: Frontier Trail
  • High School: Olathe South
  • Middle/Junior School: Frontier Trail

Lot Info

  • In Floodplain: No
  • Zoning: R-2
  • Parcel Number: DP30000006 0002
  • Subdivision Name: Havencroft

Rental Info

  • Existing Lease Terms: 12 Months
  • Pets Allowed: Yes

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 25200
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax, Supplies

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2353.00

MLS Schools

  • Elementary School: Havencroft
  • School District: Olathe
  • High School: Olathe South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Williams Jason L
Bought by
Jl Williams Family Trust
Total Days on Market
68
Current Estimated Value
$441,174

Purchase Details

Listed on
Sep 30, 2013
Closed on
Jan 11, 2014
Sold by
Williams Jason L and Williams Carla M
Bought by
Williams Jason L and Williams Carla M
Seller's Agent
James Coyle
Coyle Properties, LLC
Buyer's Agent
Hobie Reber
Keller Williams Realty Partners Inc.
List Price
$240,000
Sold Price
$221,000
Premium/Discount to List
-$19,000
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$165,750
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2013
Closed on
Jan 9, 2014
Sold by
Baker Larry B and Baker Nancy J
Bought by
Williams Jason L
Seller's Agent
James Coyle
Coyle Properties, LLC
Buyer's Agent
Hobie Reber
Keller Williams Realty Partners Inc.
List Price
$240,000
Sold Price
$221,000
Premium/Discount to List
-$19,000
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2006
Sold by
Red Door Homes Llc
Bought by
Baker Larry B and Baker Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Jl Williams Family Trust -- None Listed On Document
Williams Jason L -- Accommodation
Williams Jason L -- First American Title
Baker Larry B -- Chicago Title Insurnce Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Jason L $165,000
Previous Owner Williams Jason L $165,750
Previous Owner Baker Larry B $170,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2014 01/10/14 Sold -- -- --
12/07/2013 12/07/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $240,000 -- $108 / 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 $5,068 $44,999 $7,001 $37,998
2023 $4,919 $42,861 $6,368 $36,493
2022 $4,777 $40,468 $5,783 $34,685
2021 $4,227 $34,178 $5,028 $29,150
2020 $4,022 $32,246 $5,028 $27,218
2019 $3,961 $31,545 $4,193 $27,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1852680

Heartland MLS

APN: DP30000006-0002