NOT LISTED FOR SALE

1616 E Elm St Olathe, KS 66062

Estimated Value: $441,557 - $547,000

6 Beds
4 Baths
3,036 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2021

Current estimated payment $3,005 / mo

1 Day on Market

Highlights

  • Deck
  • No HOA
  • Board and Batten Siding
  • Olathe North Sr High School Rated A
  • Patio
  • Central Heating and Cooling System

About This Home

As of August 2021

Investor special...awesome duplex in Olathe...over 1400 sq ft per side...3 bd 2 bath 1 car on each side with multiple level decks in the back. This property is on cul-de-sac and lots of greenspace in convenient location. One tenant has been in place for 10 years and one side is vacant. Showings are on the 1618 side. Homes are same floorplan just mirrored. Each side has a deck, balcony and patio... To see tenant occupied side we have to give a 24 hour notice. This home is one of the nicest duplexes currently on the market. Owner is selling AS-IS and will not be making further repairs. One side will need updating once the tenant moves out at the end of September.

Last Agent to Sell the Property

Betty Simmons

RE/MAX Premier Realty License #SP00219461 Listed on: 07/21/2021

RE/MAX Premier Realty

Co-Listed By

Mary Beth La Croix

RE/MAX Premier Realty License #SP00238758

Last Buyer's Agent

Betty Simmons

RE/MAX Premier Realty License #SP00219461 Listed on: 07/21/2021

RE/MAX Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 1974

Lot Details

  • 13,504 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 3,036 Sq Ft Home
  • 2-Story Property
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Patio

Schools

  • Tomahawk Elementary School
  • Olathe North High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number DP30000014-0035

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Havencroft Subdivision

Building Details

  • Gross Income $25,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,120

Year Built

Built in 1974

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 41-50 Years
  • Legal Description: HAVENCROFT LOT 35 BLK 14
  • Package: No
  • Year Built: 1974
  • Senior Community: No
  • Co List Office Mls Id: RMX 20
  • Co List Office Name: RE/MAX Best Associates
  • Co List Office Phone: 913-345-2378
  • 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: Betty Simmons
  • Listing Service: Full Service
  • 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: 2000
  • Special Documents Required: No
  • Tax Total Amount: 3120
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Rng/Oven- Electric
  • Basement: Yes
  • Laundry Features: In The Basement
  • Stories: 2

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Telecommunications: Cable - Available, High Speed Internet - Available, Metro Free
  • Utilities: Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector
  • 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: R2
  • Building Area Total: 3036.00
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 13503.60
  • Parcel Number: DP30000014-0035
  • Subdivision Name: Havencroft

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 25600
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3120.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Oct 18, 2021
Sold by
Hammer Property Management Llc
Bought by
Seggar Rabah and Seggar Margaret
Seller's Agent
Betty Simmons
RE/MAX Premier Realty
Buyer's Agent
Betty Simmons
RE/MAX Premier Realty
List Price
$355,000
Current Estimated Value
$471,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$387,845
Outstanding Balance
$350,594
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$120,795

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 6, 2021
Sold by
Hildebrand Sharon G
Bought by
Keung Chi Chung and Keung Roberta Chin
Seller's Agent
Betty Simmons
RE/MAX Premier Realty
Buyer's Agent
Betty Simmons
RE/MAX Premier Realty
List Price
$355,000

Purchase Details

Closed on
Jun 28, 2005
Sold by
Rentschler Frank
Bought by
Hildebrand Sharon G and Hildebrand Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,700
Interest Rate
5.21%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Seggar Rabah -- Kansas City Title Inc
Keung Chi Chung -- Security 1St Title Llc
Hildebrand Sharon G -- Chicago Title Ins 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 Seggar Rabah $387,845
Previous Owner Hildebrand Sharon G $58,700
Previous Owner Hildebrand Sharon G $164,465
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold -- -- --
08/09/2021 08/09/21 Price Changed $374,500 +5.5% $123 / Sq Ft
08/09/2021 08/09/21 For Sale $355,000 0.0% $117 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $355,000 -- $117 / Sq Ft
Source: Heartland MLS

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
2025 $5,449 $49,347 $6,762 $42,585
2024 $5,449 $48,277 $6,826 $41,451
2023 $5,283 $45,977 $6,209 $39,768
2022 $4,939 $41,814 $5,640 $36,174
2021 $3,279 $26,599 $4,901 $21,698
2020 $3,120 $25,093 $4,901 $20,192
2019 $3,156 $25,208 $4,088 $21,120
2018 $3,185 $25,254 $4,088 $21,166
2017 $3,172 $24,886 $4,088 $20,798
2016 $2,996 $24,115 $4,088 $20,027
2015 $3,124 $25,139 $4,088 $21,051
2013 -- $24,679 $4,088 $20,591
Source: Public Records

Agents Affiliated with this Home

  • Betty Simmons

    Seller's Agent in 2021

    Betty Simmons

    RE/MAX Premier Realty

    (913) 638-5562

    34 in this area

    76 Total Sales

    Betty Simmons
    Section Image
  • Mary Beth La Croix

    Seller Co-Listing Agent in 2021

    Mary Beth La Croix

    RE/MAX Premier Realty

    (913) 563-9887

    20 in this area

    48 Total Sales

    Mary Beth La Croix
    Section Image
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Map

Source: Heartland MLS

MLS Number: 2335241

Heartland MLS

APN: DP30000014-0035

Kansas Johnson County Olathe 66062

1616 E Elm St, Olathe, KS

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Heartland MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listings courtesy of Heartland MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393

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