NOT LISTED FOR SALE

1612 E Elm St Olathe, KS 66062

Estimated Value: $330,000 - $415,000

6 Beds
4 Baths
2,142 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 30, 2014

Current estimated payment $2,340/month

23 Days on Market

Highlights

  • Central Heating and Cooling System
  • Olathe North Sr High School Rated A
  • Garage

About This Home

As of May 2014

Nice 3 bedroom 2 bath duplex in Havencroft. Rents $975. Great location near schools and shopping, with easy highway access. Appointment only, property manage must be present for showings. Please allow at least 24-48 hour notice. Expenses include payment to property manager.

Last Agent to Sell the Property

Kathy Stevens

RE/MAX State Line License #BR00030359 Listed on: 04/04/2014

RE/MAX State Line

Last Buyer's Agent

Non MLS

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 1973

Lot Details

  • 0.26

Home Design

  • Duplex
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 2-Story Property

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number DP30000014 0036

Community Details

Overview

  • 2 Units
  • Havencroft Subdivision

Building Details

  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,275

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 41-50 Years
  • Legal Description: HAVENCROFT LOT 36 BLK 14 OLC 634 14 36
  • Major Repair Costs: 7000.00
  • Major Repair Description: Price reduced $7000 in lieu of repairs.
  • Package: No
  • Year Built: 1973
  • 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: Kathy Stevens
  • List Office Mls Id: RMX 20
  • List Office Name: RE/MAX Best Associates
  • List Office Phone: 913-345-2378
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 7535
  • Special Documents Required: No
  • Tax Total Amount: 2275
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage, Off Street

Utilities

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

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Olathe

Lot Info

  • In Floodplain: No
  • Zoning: res
  • Parcel Number: DP30000014 0036
  • Subdivision Name: Havencroft

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 23400
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Other, Property Insurance, Property Mgmt, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2275.00

MLS Schools

  • School District: Olathe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
May 21, 2014
Sold by
Heritage Apartments Llc
Bought by
American International Residential Realt
Seller's Agent
Kathy Stevens
RE/MAX State Line
Buyer's Agent
Non MLS
Non-MLS Office
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
Current Estimated Value
$371,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,635
Avg. Annual Appreciation
5.98%
Original Mortgage
$151,320
Outstanding Balance
$117,269
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$254,366

Purchase Details

Closed on
Feb 7, 2013
Sold by
Lamson James W and Lamson Pamela R
Bought by
Heritage Apartments Llc
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
American International Residential Realt -- Continental Title
Heritage Apartments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open American International Residential Realt $151,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold -- -- --
04/27/2014 04/27/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $225,000 -- $105 / 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 $3,461 $31,200 $6,454 $24,746
2023 $3,864 $33,844 $5,868 $27,976
2022 $3,676 $31,314 $5,330 $25,984
2021 $3,676 $26,749 $4,632 $22,117
2020 $3,137 $25,231 $4,632 $20,599
2019 $3,181 $25,404 $3,864 $21,540
2018 $2,935 $23,299 $3,864 $19,435
2017 $3,145 $24,679 $3,864 $20,815
2016 $2,821 $22,724 $3,864 $18,860
2015 $2,689 $21,689 $3,864 $17,825
2013 -- $18,504 $3,864 $14,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1876480

Heartland MLS

APN: DP30000014-0036