NOT LISTED FOR SALE

16501 W 123rd St Olathe, KS 66062

Estimated Value: $308,000 - $371,000

4 Beds
4 Baths
1,888 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 12, 2012

Current estimated payment $2,239/month

49 Days on Market

Highlights

  • Fireplace
  • 2 Car Attached Garage
  • Board and Batten Siding
  • Olathe East Sr High School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of September 2012

Great investment property. 2 half duplexes sold as a full duplex. One side is currently rented. 2 bedrooms & 1 1/2 bath each, living room, family room with fireplace, deck & nice backyard. Each side is the same except that 16501 has a finished basement. Each unit has a 1 car garage. Easy to rent & very close to shopping, highway, & stores. 16503 available for showings.

Last Agent to Sell the Property

Gloria Bible

Kansas City Regional Homes Inc License #SP00221421 Listed on: 05/31/2012

Last Buyer's Agent

Linda Tech

Mayo Auction & Realty Inc License #SP00222471

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1978

Lot Details

  • 0.27

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Eat-In Kitchen
  • Basement

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Rolling Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number DP64400000 0022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,614

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 31-40 Years
  • Legal Description: ROLLING MEADOWS LT 22 OLC 606 22
  • Package: No
  • Year Built: 1978
  • Dining Area Features: Eat-In Kitchen
  • Down Payment Deprecated: Yes
  • 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: Gloria Bible
  • List Office Mls Id: RAN 26
  • List Office Name: Reece & Nichols JoCo SouthWest
  • List Office Phone: 913-782-8822
  • Maintenance Provided: No
  • Mls Status: Sold
  • Other Room Features: Private Bath
  • Special Documents Required: No
  • Tax Total Amount: 2614
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Fireplace: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten, Brick Trim

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas, Hot Water
  • 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: Owner Manager

Schools

  • School District: Olathe

Lot Info

  • In Floodplain: No
  • Parcel Number: DP64400000 0022
  • Subdivision Name: Rolling Meadows

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 2

Multi Family

  • Current Occupancy Rate: Under 80%
  • Operating Expenses Include: Maintenance, Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2614.00

MLS Schools

  • School District: Olathe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2008
Sold by
Brown Gerald R and Brown Teri L
Bought by
16501-16503 West 123 Street Llc
Total Days on Market
49
Current Estimated Value
$345,526

Purchase Details

Closed on
Jan 28, 2004
Sold by
Devaughn Suzanne R and Devaughn Dustin L
Bought by
Brown Gerald R and Brown Teri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
16501-16503 West 123 Street Llc -- None Available
Brown Gerald R -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tech Linda J $135,000
Closed Tech Linda J $137,600
Previous Owner Brown Gerald R $168,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2012 09/12/12 Sold -- -- --
07/19/2012 07/19/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $175,000 -- $93 / 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 $3,712 $33,361 $7,115 $26,246
2023 $3,622 $31,775 $6,185 $25,590
2022 $3,324 $28,394 $6,185 $22,209
2021 $3,327 $26,979 $5,626 $21,353
2020 $3,165 $25,450 $4,889 $20,561
2019 $3,241 $25,875 $4,889 $20,986
2018 $3,172 $25,150 $4,440 $20,710
2017 $3,154 $24,748 $3,857 $20,891
2016 $2,873 $23,138 $3,857 $19,281
2015 $2,725 $21,976 $3,857 $18,119
2013 -- $19,780 $3,708 $16,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1782366

Heartland MLS

APN: DP64400000-0022