$475,000

1431 E Penrose Ln Olathe, KS 66062

Estimated payment $2,950/month

Total Views 149
-- Bed
2 Baths
1,708 Sq Ft
$278 Price per Sq Ft

Highlights

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

About This Home

Rare Whole Duplex near the Mid America Nazarene University. East of I-35 with easy access to Freeway. Duplex is located on a culdesac street for quiet away from through traffic. Well maintained building that features 3 bedrooms and 1 1/2 baths. plus basement that is partial finished. Live on one side and rent the other for low cost payments for yourself.

Listing Agent

Charlene MacCallum

EXP Realty LLC Brokerage Phone: 913-782-8857 License #BR00022449 Listed on: 06/16/2025

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 1973

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 1,708 Sq Ft Home
  • 2-Story Property
  • Basement
  • Laundry in Basement

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 DP30000029 0004
  • $0 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,565

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1973
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Char MacCallum
  • Listing Service: Full Service
  • List Office Mls Id: HMSEXP2
  • List Office Name: EXP Realty LLC
  • List Office Phone: 913-451-6767
  • Mls Status: Active
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 3565
  • Value Range Pricing YN: 0
  • Phone Other: 9137828857
  • Attribution Contact: 913-782-8857
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: Public

Association/Amenities

  • Association: No

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Deposit: Continental Title

Schools

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

Lot Info

  • Building Area Total: 1708
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 0.23
  • Parcel Number: DP30000029 0004
  • Subdivision Name: Havencroft
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: Month To Month

Tax Info

  • Tax Annual Amount: 3565.1

Multi Family

  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

MLS Schools

  • Elementary School: Havencroft
  • High School: Olathe South

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,565 $32,097 $6,254 $25,843
2023 $3,480 $30,567 $5,687 $24,880
2022 $3,216 $27,497 $5,165 $22,332
2021 $2,901 $23,575 $4,487 $19,088
2020 $2,760 $22,241 $4,487 $17,754
2019 $2,716 $21,746 $3,743 $18,003
2018 $2,554 $20,320 $3,743 $16,577
2017 $2,332 $18,388 $3,743 $14,645
2016 $2,236 $18,089 $3,743 $14,346
2015 $2,208 $17,871 $3,743 $14,128
2013 -- $17,192 $3,743 $13,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $475,000 -- $278 / Sq Ft
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $325,000 Credit Line Revolving
Source: Public Records

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Source: Heartland MLS

MLS Number: 2557093

Heartland MLS

APN: DP30000029-0004