NOT LISTED FOR SALE

1712 E Cedar St Olathe, KS 66062

Estimated Value: $1,823,499 - $2,094,000

-- Bed
2 Baths
-- Sq Ft
1.09 Acres

Last Sold June 25, 2014

Current estimated payment $12,129/month

21 Days on Market

About This Home

As of June 2014

16 unit Apartment. 12 2 bedroom units with 1 1/2 bath, and full basement. 4 1 bedroom. Great location with easy highway access. Please allow 24-48 hour notice for showings. Property manager must be present. NO SUNDAY SHOWINGS Expenses include payment to property manager. Seller will be doing a 1031 tax exchange.

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

Chris Lengquist

Ad Astra Realty License #BR00222587

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,859

Year Built

  • Built in 1970

Lot Details

  • 1.09

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Basement

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number DP30000018 000A1

Community Details

Overview

  • 16 Units
  • Havencroft Subdivision

Building Details

  • Gross Income $123,456

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,859

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 41-50 Years
  • Legal Description: HAVENCROFT E 210' LT A BLK 18 & S 1/2 VAC LOULA ST ADJ OLC 634 18A 1
  • Package: No
  • Year Built: 1970
  • 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: 77359
  • Special Documents Required: No
  • Tax Total Amount: 7859
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

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: Off-Site Mgmt

Schools

  • School District: Olathe

Lot Info

  • In Floodplain: No
  • Zoning: res
  • Parcel Number: DP30000018 000A1
  • Subdivision Name: Havencroft

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 16

Multi Family

  • Gross Income: 123456
  • Current Occupancy Rate: 80-90%
  • Operating Expenses Include: Maintenance, Permits, Property Insurance, Property Mgmt, Real Estate Tax, Refuse Collection, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 7859.00

MLS Schools

  • School District: Olathe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jun 25, 2014
Sold by
Heritage Apartments Llc
Bought by
French John Thomas and Fre Ellen
Seller's Agent
Kathy Stevens
RE/MAX State Line
Buyer's Agent
Chris Lengquist
Ad Astra Realty
List Price
$1,100,000
Sold Price
$920,000
Premium/Discount to List
-$180,000
-16.36%
Current Estimated Value
$1,958,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,038,750
Avg. Annual Appreciation
11.52%
Original Mortgage
$550,000
Outstanding Balance
$426,062
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,648,739
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
French John Thomas -- Continental Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open French John Thomas $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2014 06/25/14 Sold -- -- --
04/25/2014 04/25/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $1,100,000 -- --
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 $15,737 $136,620 $38,078 $98,542
2023 $15,204 $130,755 $32,638 $98,117
2022 $14,893 $124,545 $24,478 $100,067
2021 $14,893 $123,510 $19,038 $104,472
2020 $15,246 $130,065 $19,038 $111,027
2019 $14,737 $116,380 $27,600 $88,780
2018 $14,241 $111,665 $25,760 $85,905
2017 $13,917 $107,985 $23,920 $84,065
2016 $13,170 $104,765 $16,192 $88,573
2015 $12,861 $102,350 $16,192 $86,158
2013 -- $63,020 $16,192 $46,828
Source: Public Records

Agents Affiliated with this Home

  • Kathy Stevens

    Seller's Agent in 2014

    Kathy Stevens

    RE/MAX State Line

    (816) 392-6039

    20 in this area

    65 Total Sales

    Kathy Stevens
    Section Image

  • C

    Buyer's Agent in 2014

    Chris Lengquist

    Ad Astra Realty

    (913) 815-3473

    1 in this area

    3 Total Sales

    Chris Lengquist
    Section Image
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Map

Source: Heartland MLS

MLS Number: 1876485

Heartland MLS

APN: DP30000018-000A1

Kansas Johnson County Olathe 66062

1712 E Cedar St, Olathe, KS

This home is located at 1712 E Cedar St, Olathe, KS 66062 since 04 April 2014 and is currently estimated at $1,958,750. This property was built in 1970. 1712 E Cedar St is a home located in Johnson County with nearby schools including Tomahawk Elementary School, Indian Trail Middle School, and Olathe North Sr High School.

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 Based on information submitted to the MLS GRID as of [see last changed date above]. 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.
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393

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