NOT LISTED FOR SALE

22625 W 87th Terrace Lenexa, KS 66227

Estimated Value: $717,000 - $784,000

5 Beds
4 Baths
2,788 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 04, 2024

Current estimated payment $4,883/month

1 Day on Market

Highlights

  • Custom Closet System
  • Craftsman Architecture
  • Vaulted Ceiling
  • Manchester Park Elementary School Rated A
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of April 2024

Spiess Custom Homes presents a stunning 1.5-story architectural masterpiece in Lenexa, blending modern elegance with rustic charm. This thoughtfully designed home seamless esthetics with the warmth of rustic elements, creating a unique and inviting living space. The exterior of the home is a combination of modern lines and natural materials. The result is a striking curb appeal that effortlessly integrates into its surroundings. The modern design is accentuated by stunning smoked glass garage doors. The use of white oak finishes throughout the interior adds a touch of timeless sophistication. Upon entering the home, you are greeted by an inviting foyer that sets the tone for the entire residence. The open- concept layout of the main living areas provides a seamless flow between the kitchen, dining, and living spaces, promoting a sense of connectivity and togetherness. The kitchen is a chef's dream, featuring state-of-the-art appliances, sleek cabinetry, and a spacious island with white oak and dark accent cabinets. Enjoy cozy atmosphere in living room with see thru fireplace surrounded by a white oak mantle with 20'ft ceiling height. The master suite is a luxurious retreat, offering a serene escape with its spa-like bathroom adorned with white oak vanities and modern fixtures. The additional bedrooms and bathrooms continue the theme of comfort and style, providing ample space for both relaxation and functionality. The outdoor space features a well-designed covered patio and landscaping that seamlessly blend with the natural surroundings. Whether enjoying a quiet evening or entertaining guests, the outdoor areas with see thru fireplace and trees provide a perfect backdrop for every occasion. Spiess Custom Homes' 1.5-story plan located across from Lake Lenexa is a testament to meticulous craftsmanship and thoughtful design. Award winning design! Maintenance Optional lot for mow and snow.

Last Agent to Sell the Property

Annie Kennedy

Realty Executives Brokerage Phone: 913-481-6708 License #SP00219673 Listed on: 03/03/2024

Realty Executives

Co-Listed By

Tom Bohanon

Keller Williams Platinum Prtnr Brokerage Phone: 913-481-6708 License #SP00237667

Last Buyer's Agent

Kelly Heaven

KW KANSAS CITY METRO License #SP00240892

KW KANSAS CITY METRO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 2023

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Sprinkler System
  • Many Trees

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Composition Roof
  • Stone Veneer

Interior Spaces

  • 2,788 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • See Through Fireplace
  • Gas Fireplace
  • Mud Room
  • Entryway
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Custom Closet System
  • Walk-In Closet
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Schools

  • Manchester Park Elementary School
  • Olathe Northwest High School

Additional Features

  • Covered Patio or Porch
  • City Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number IP84160000-0020
  • $126 special tax assessment

Community Details

Overview

  • Association fees include lawn service, snow removal, trash
  • Watercrest Landing HOA
  • Watercrest Landing Subdivision, Chalet Floorplan

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,000

Year Built

Built in 2023

Lot Details

0

HOA Fees

$77 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Condition: Never Occupied
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 2788
  • Architectural Style: Contemporary, Craftsman
  • Builder Model: CHALET
  • Builder Name: Spiess Custom Homes
  • Co List Office Mls Id: HMSRLEX01
  • Co List Office Name: Realty Executives
  • Co List Office Phone: 913-642-4888
  • Fireplaces: 1
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Annie Kennedy
  • Listing Service: Full Service
  • List Office Mls Id: HMSRLEX01
  • List Office Name: Realty Executives
  • List Office Phone: 913-642-4888
  • Living Area: 2788
  • Mls Status: Sold
  • Ownership: Private
  • Age Description: 2 Years/Less
  • Floor Plan Features: 1.5 Stories
  • Tax Special Amount: 126
  • Tax Total Amount: 7126
  • Value Range Pricing YN: 0
  • Dining Area Features: Breakfast Area,Kit/Dining Combo
  • Maintenance Provided YN: 1
  • Other Room Features: Entry,Great Room,Main Floor BR,Main Floor Master,Mud Room,Recreation Room
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Installation R Factor Ceiling: 49
  • Installation R Factor Wall: 13
  • Maintenance Description: Lawn,Snow Removal
  • Warranty Description: Builder-1 yr
  • Phone Other: 913-481-6708
  • Phone Other Type: Cell
  • Attribution Contact: 913-481-6708
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Custom Cabinets, Kitchen Island, Painted Cabinets, Pantry, Stained Cabinets, Vaulted Ceiling, Walk-In Closet(s)
  • Fireplace Features: Electric, Gas, Great Room, See Through
  • Basement: Full, Unfinished, Stubbed for Bath
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave
  • Basement: Yes
  • Fireplace: Yes
  • Laundry Features: Main Level

Beds/Baths

  • Full Bathrooms: 4
  • Bedrooms: 5

Exterior Features

  • Roof: Composition
  • Construction Materials: Stone Veneer, Stucco & Frame
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Exclusions YN: 0
  • Inside City Limits: Yes

Garage/Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Attached, Garage Faces Front

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Cooling: Yes
  • Water Source: Public
  • Telecom: Cable - Available,Fiber - Available,High Speed Internet - Available,Metro Free

Condo/Co-op/Association

  • Association Amenities: Pickleball Court(s), Pool, Trail(s)
  • Association Fee: 920
  • Association Fee Frequency: Annually
  • Association Fee Includes: Lawn Service, Snow Removal, Trash

Association/Amenities

  • Association Name: WATERCREST LANDING HOA
  • Association: Yes

Fee Information

  • Deposit: BUILDER

Schools

  • Middle/Junior School: Prairie Trail
  • Junior High Dist: Olathe

Lot Info

  • Lot Features: City Lot, Level, Sprinkler-In Ground, Treed
  • Lot Size Area: 13337
  • Lot Size Sq Ft: 13337
  • Parcel Number: IP84160000-0020
  • Property Attached: No
  • Subdivision Name: WaterCrest Landing
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Tax Info

  • Tax Annual Amount: 7000
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Manchester Park
  • High School: Olathe Northwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
Mar 26, 2024
Sold by
Spiess Custom Homes Llc
Bought by
Salamat Muhammad A
Seller's Agent
Annie Kennedy
Realty Executives
Buyer's Agent
Kelly Heaven
KW KANSAS CITY METRO
List Price
$750,000
Views
69
Current Estimated Value
$748,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.61%
Original Mortgage
$754,500
Outstanding Balance
$743,751
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$5,024

Purchase Details

Closed on
Jun 21, 2021
Sold by
P & L Development Llc
Bought by
Spiess Custom Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,500
Interest Rate
2.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Salamat Muhammad A -- Stewart Title Company
Spiess Custom Homes Llc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salamat Muhammad A $754,500
Previous Owner Spiess Custom Homes Llc $476,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold -- -- --
03/05/2024 03/05/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $785,000 +4.7% $282 / Sq Ft
03/03/2024 03/03/24 For Sale $750,000 -- $269 / 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 $10,037 $81,477 $14,553 $66,924
2023 $8,533 $68,183 $14,553 $53,630
2022 $1,799 $13,201 $13,201 $0
2021 $1,799 $12 $12 $0
2020 $1,282 $8,562 $8,562 $0
2019 $128 $9 $9 $0
2018 $320 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2475688

Heartland MLS

APN: IP84160000-0020