NOT LISTED FOR SALE

1603 E Drury Ln Olathe, KS 66062

Olathe Area

Estimated Value: $438,525

6 Beds
4 Baths
-- Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: December 14, 2021

Current estimated payment $2,571 / mo

3 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Central Heating and Cooling System
  • 4 Car Attached Garage
  • Patio
  • Paved or Partially Paved Lot

About This Home

As of December 2021

Don't miss this opportunity to own both sides of a great Olathe Duplex. Boasting 1568 sq ft on each side with 3 Bedrooms 2 full baths and a 2 car garage for each unit! Long term tenants in place, both units currently occupied on Mo to Mo Leases. See list of updates which include Maintenance Free Vinyl Siding, Newer Trane HVAC units, updated Vinyl Plank Flooring in both, updated bathroom and more. Don't miss this opportunity for an investor, very close to Mid America Nazarene University and easy access to I35. Featured Photos are of 1603 Side.

Last Agent to Sell the Property

Dustin Medlin

KW Diamond Partners License #SP00239063 Listed on: 10/27/2021

KW Diamond Partners

Last Buyer's Agent

Shawn Lewis

RE/MAX Realty Suburban Inc License #SP00054854

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1980

Lot Details

  • 15,429 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laundry in unit
  • Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Outdoor Features

  • Patio

Schools

  • Tomahawk Elementary School
  • Olathe North High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number DP30000035-0001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Havencroft Subdivision

Building Details

  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,619

Year Built

Built in 1980

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 41-50 Years
  • Legal Description: HAVENCROFT LT 1 BLK 35 OLC 636 1 1 35 1
  • Package: No
  • Year Built: 1980
  • Senior Community: 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: Dustin Medlin
  • Listing Service: Full Service
  • List Office Mls Id: KW05
  • List Office Name: Keller Williams Diamond Part
  • List Office Phone: 913-322-7500
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 4807
  • Special Documents Required: No
  • Tax Total Amount: 3619
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Rng/Oven- Electric
  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Patio And Porch Features: Patio
  • Road Surface Type: Paved

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Schools

  • Middle/Junior School: Indian Trail

Lot Info

  • In Floodplain: Unknown
  • Zoning: R-2
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 15429.00
  • Parcel Number: DP30000035-0001
  • Subdivision Name: Havencroft

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 22800
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Personal Prop Tax, Property Insurance

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3619.00

MLS Schools

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

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
Oct 27, 2021
Closed on
Dec 13, 2021
Sold by
Bought by
Seller's Agent
Dustin Medlin
KW Diamond Partners
Buyer's Agent
Shawn Lewis
RE/MAX Realty Suburban Inc
List Price
$320,000
Current Estimated Value
$438,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$258,750
Outstanding Balance
$233,455
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$205,070

Purchase Details

Listed on
Oct 27, 2021
Closed on
Oct 26, 2021
Sold by
Bought by
Seller's Agent
Dustin Medlin
KW Diamond Partners
Buyer's Agent
Shawn Lewis
RE/MAX Realty Suburban Inc
List Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Outstanding Balance
$233,455
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$205,070

Purchase Details

Closed on
Aug 14, 2015
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
$133,800
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2004
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
$143,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Olathe, KS

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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
-- Platinum Title Llc
-- Accommodation
-- None Available
-- Commonwealth Title
-- Commonwealth Title
-- --
-- --
-- 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
Open $258,750
Previous Owner $133,800
Previous Owner $143,000
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
12/14/2021 12/14/21 Sold -- -- --
10/30/2021 10/30/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $320,000 -- --
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
2026 $1,986 $167,982 $35,309 $132,673
2025 $1,953 $164,689 $34,617 $130,072
2024 $1,953 $161,461 $33,939 $127,522
2023 $2,028 $158,296 $33,274 $125,022
2022 $2,022 $155,193 $32,622 $122,571
2021 $1,991 $152,151 $31,983 $120,168
2020 $1,957 $150,592 $31,656 $118,936
2019 $1,937 $147,640 $31,036 $116,604
2018 $1,847 $144,746 $30,428 $114,318
2017 $1,823 $141,909 $29,832 $112,077
2016 $1,745 $139,128 $29,248 $109,880
2015 $1,727 $137,039 $28,809 $108,230
2014 $1,665 $134,355 $28,245 $106,110
Source: Public Records

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Map

Source: Heartland MLS

MLS Number: 2352321

Heartland MLS

APN: DP30000035-0001

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