NOT LISTED FOR SALE

1508 E Leona St Olathe, KS 66061

Estimated Value: $336,804 - $422,000

4 Beds
2 Baths
1,656 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 14, 2022

Current estimated payment $2,490/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Central Heating and Cooling System
  • Olathe North Sr High School Rated A
  • Attached Garage
  • Private Entrance

About This Home

As of January 2022

Amazing investor opportunity! Newly renovated 3 bed/1bath duplexes walking distance to Two Trails Park and Washington Elementary, Santa Fe Middle. Renovations include updated flooring, kitchens, appliances and baths. Fresh paint throughout. New deck too. Both sides fully leased. Each unit offers approx 2,000 sq feet of living space. Each unit rents for $1,300/mo. The HVAC systems are newer as well. Seller also offering 925 & 927 Jan Mar duplex. Comparable finish, size and rents. Rent Rolls Avail Upon Request.

Last Agent to Sell the Property

Kylee Fishwick

Compass Realty Group License #SP00239540 Listed on: 12/02/2021

Compass Realty Group

Co-Listed By

Amy Greif

Compass Realty Group License #SP00232164

Last Buyer's Agent

Selin Karabulut

RE/MAX Innovations License #2015014600

RE/MAX Innovations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1971

Lot Details

  • 9,538 Sq Ft Lot
  • Private Entrance
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Metal Siding

Kitchen

  • Gas Oven or Range
  • Dishwasher

Schools

  • Washington Elementary School
  • Olathe North High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Additional Features

  • Washer
  • Laundry in Basement
  • Deck

Listing and Financial Details

  • Assessor Parcel Number DP28000004-0005

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Gaslight Acres Subdivision

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,090

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 41-50 Years
  • Legal Description: GAS LIGHT ACRES W .5' LT 4 & ALL LT 5 BLK 4 OLC 622B 4 5
  • Restrictions: City Codes
  • Year Built: 1971
  • Senior Community: No
  • Co List Office Mls Id: BASHGP
  • Co List Office Name: Bash & Co. Sotheby’s Internati
  • Co List Office Phone: 913-744-4700
  • 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: Kylee Fishwick
  • List Office Mls Id: BASHGP
  • List Office Name: Bash & Co. Sotheby’s Internati
  • List Office Phone: 913-744-4700
  • Maintenance Provided: No
  • Mls Status: Sold
  • Special Documents Required: No
  • Tax Total Amount: 2090
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Private Entry
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Rng/Oven- Gas, Washer
  • Basement: Yes
  • Laundry Features: In The Basement

Exterior Features

  • Exterior Features: Fenced Area
  • Roof: Composition
  • Construction Materials: Brick Trim, Metal Siding
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached

Utilities

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

Association/Amenities

  • Association: No

Schools

  • School District: Olathe
  • Elementary School: Washington
  • Middle School: Santa Fe Trail
  • High School: Olathe North
  • Middle/Junior School: Santa Fe Trail

Lot Info

  • In Floodplain: No
  • Lot Size Area: 9538.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 9538.00
  • Parcel Number: DP28000004-0005
  • Subdivision Name: Gaslight Acres

Rental Info

  • Existing Lease Terms: One Year Lease, Other

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 31200

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2090.00

MLS Schools

  • Elementary School: Washington
  • School District: Olathe
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 13, 2022
Sold by
Kovastar Gaslight Dplx Llc
Bought by
Figen Ugrasbul Trust
Seller's Agent
Kylee Fishwick
Compass Realty Group
Buyer's Agent
Selin Karabulut
RE/MAX Innovations
List Price
$385,000
Current Estimated Value
$379,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.11%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Figen Ugrasbul Trust -- Security 1St Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold -- -- --
12/06/2021 12/06/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $385,000 +113.9% $232 / Sq Ft
01/31/2018 01/31/18 Sold -- -- --
11/28/2017 11/28/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $180,000 -- $109 / 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 $5,050 $44,850 $5,780 $39,070
2023 $5,051 $43,987 $5,252 $38,735
2022 $4,864 $41,193 $4,372 $36,821
2021 $2,197 $17,940 $4,372 $13,568
2020 $2,090 $16,928 $3,798 $13,130
2019 $2,167 $17,422 $3,798 $13,624
2018 $1,923 $15,387 $3,306 $12,081
2017 $1,710 $13,582 $3,002 $10,580
2016 $1,534 $12,524 $3,002 $9,522
2015 $1,449 $11,856 $2,732 $9,124
2013 -- $10,407 $2,548 $7,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2357021

Heartland MLS

APN: DP28000004-0005