NOT LISTED FOR SALE

2016 E Cedar St Olathe, KS 66062

Estimated Value: $369,000 - $448,000

4 Beds
2 Baths
1,644 Sq Ft
$252/Sq Ft Est. Value

Last Sold February 04, 2019

Current estimated payment $2,635/month

56 Days on Market

Highlights

  • 6 Car Attached Garage
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Olathe North Sr High School Rated A
  • Board and Batten Siding

About This Home

As of February 2019

Great Investment property, Duplex in the heart of Olathe Completed Updated . This duplex is 2 units with 2bed 1 bath, 1 car garage, beautiful flooring and spacious kitchen with new appliances and basement(room for bonus room). Exterior is brand new dutch style vinyl siding, new garage doors, all new windows, new roof/gutters , and foundation was piered, treated with a great warranty . Fully fenced.Both sides is rented $ 1,100.00

Last Agent to Sell the Property

Liz Yankovich

Platinum Realty LLC License #SP00235627 Listed on: 11/08/2018

Platinum Realty LLC

Last Buyer's Agent

Matt Tirupathi

iLoop Realty LLC License #SP00238150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,252

Year Built

  • Built in 1971

Lot Details

  • 9,583

Home Design

  • Duplex
  • Brick Frame
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

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

Parking

  • 6 Car Attached Garage
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number DP30000019 0005

Community Details

Overview

  • 2 Units
  • Havencroft Subdivision

Building Details

  • Gross Income $24,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,252

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 41-50 Years
  • Legal Description: HAVENCROFT LT 5 BLK 19 OLC 633 19 5
  • Package: Yes
  • Year Built: 1971
  • Dining Area Features: Eat-In Kitchen
  • 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: Liz Yankovich
  • List Office Mls Id: PRKC
  • List Office Name: Platinum Realty LLC
  • List Office Phone: 888-220-0988
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 4400
  • Special Documents Required: No
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten, Brick & Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, Off Street
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Cent Water Heater
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Olathe

Lot Info

  • In Floodplain: No
  • Zoning: R
  • Parcel Number: DP30000019 0005
  • Subdivision Name: Havencroft

Rental Info

  • Existing Lease Terms: Month To Month, Other

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 24400
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No

MLS Schools

  • School District: Olathe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Feb 4, 2019
Sold by
Silva Joab C Da and Melo Laiene R
Bought by
Gupta Rajesh and Gupta Alka
Seller's Agent
Liz Yankovich
Platinum Realty LLC
Buyer's Agent
Matt Tirupathi
iLoop Realty LLC
List Price
$275,000
Current Estimated Value
$414,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$195,000
Outstanding Balance
$171,786
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$242,699

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 14, 2018
Sold by
Kilian James F and Kilian Amanda
Bought by
Silva Joab C Da and Melo Laiene R
Seller's Agent
Amanda Kilian
Platinum Realty LLC
Buyer's Agent
Liz Yankovich
Platinum Realty LLC
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$160,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2016
Sold by
Marquis Development Group Llc
Bought by
Kilian James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2008
Sold by
Hansel Brandon and Hansel Megan
Bought by
Marquis Development Group Llc

Purchase Details

Closed on
Feb 29, 2008
Sold by
The Cit Group Consumer Finance
Bought by
Hansel Megan and Hansel Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2007
Sold by
Brown Susan C
Bought by
The Cit Group Consumer Finance Inc

Purchase Details

Closed on
May 23, 2003
Sold by
Mcbride David L
Bought by
Brown Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
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
Gupta Rajesh -- Alpha Title Guaranty Inc
Silva Joab C Da -- Platinum Title Llc
Kilian James F -- Platinum Title Llc
Marquis Development Group Llc -- None Available
Hansel Megan -- Nations Title Agency Of Kans
The Cit Group Consumer Finance Inc $140,800 Mokan Title Services Inc
Brown Susan C -- Kansas Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Rajesh $195,000
Previous Owner Silva Joab C Da $160,000
Previous Owner Kilian James F $139,500
Previous Owner Hansel Megan $169,100
Previous Owner Brown Susan C $152,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2019 02/04/19 Sold -- -- --
01/03/2019 01/03/19 Pending -- -- --
12/07/2018 12/07/18 Price Changed $275,000 0.0% $167 / Sq Ft
12/07/2018 12/07/18 For Sale $275,000 -3.5% $167 / Sq Ft
11/24/2018 11/24/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $285,000 +14.0% $173 / Sq Ft
05/14/2018 05/14/18 Sold -- -- -- View Prior Sale
04/14/2018 04/14/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $250,000 -- $152 / 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 $5,252 $46,587 $6,210 $40,377
2023 $5,095 $44,367 $5,648 $38,719
2022 $4,412 $37,433 $5,129 $32,304
2021 $3,955 $32,004 $4,456 $27,548
2020 $3,762 $30,187 $4,456 $25,731
2019 $3,606 $28,750 $3,717 $25,033
2018 $2,435 $19,389 $3,717 $15,672
2017 $2,259 $17,825 $3,717 $14,108
2016 $2,203 $17,825 $3,717 $14,108
2015 $2,182 $17,664 $3,717 $13,947
2013 -- $16,629 $3,717 $12,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2138031

Heartland MLS

APN: DP30000019-0005