NOT LISTED FOR SALE

407 S Cardinal Dr Olathe, KS 66062

Estimated Value: $309,741 - $359,000

4 Beds
2 Baths
1,704 Sq Ft
$202/Sq Ft Est. Value

Last Sold January 17, 2018

Current estimated payment $2,148/month

4 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Carpet
  • Olathe North Sr High School Rated A
  • Garage

About This Home

As of January 2018

Rare opportunity, whole duplex, near MNU, shopping, highway, FAA. Long term tenant is reason for lower rent on one side. This seller can close one a year so if this one closes this year then his other duplex at 8901-8903 Caenen Lake can close next year or vise versa otherwise only one can close next year and the other taken off the market. Newer roof and painted 4 years ago, new furnace on one side. 24 hour notice to show and only one side until contract subject to seeing the other side.

Last Agent to Sell the Property

Charlene MacCallum

EXP Realty LLC License #BR00022449 Listed on: 12/14/2017

EXP Realty LLC

Co-Listed By

Stephanie MacCallum

EXP Realty LLC License #SP00230833

Last Buyer's Agent

Daniel Wise

KC Realtors LLC License #2015015223

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,077

Lot Details

  • 10,803

Parking

  • Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Carpet
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector
  • Eat-In Kitchen

Schools

  • Tomahawk Trail Elementary School
  • Olathe North High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number DP30000014 0007

Community Details

Overview

  • 2 Units
  • Havencroft Subdivision

Building Details

  • Gross Income $17,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,077

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: Per title committment
  • Package: No
  • Co List Office Mls Id: EXP2
  • Co List Office Name: EXP Realty LLC
  • Co List Office Phone: 913-782-8857
  • 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: Char MacCallum
  • List Office Mls Id: EXP2
  • List Office Name: EXP Realty LLC
  • List Office Phone: 913-782-8857
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 2077
  • Special Documents Required: No
  • Tax Total Amount: 2077
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Flooring: Carpeted Floors
  • Laundry Features: In The Basement
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • Middle/Junior School: Indian Trail

Lot Info

  • In Floodplain: No
  • Zoning: R2
  • Parcel Number: DP30000014 0007
  • Subdivision Name: Havencroft

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 17640
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2077.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2017
Closed on
Jan 5, 2018
Sold by
Rk Lc Llc
Bought by
Miller Lonnie D
Seller's Agent
Charlene MacCallum
EXP Realty LLC
Buyer's Agent
Daniel Wise
KC Realtors LLC
List Price
$199,950
Current Estimated Value
$343,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$202,350
Outstanding Balance
$168,754
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$175,181

Purchase Details

Listed on
Dec 3, 2013
Closed on
Feb 13, 2014
Sold by
Bolinger Glen and Bolinger Barbara E
Bought by
Rk Lc Llc
Seller's Agent
Charlene MacCallum
EXP Realty LLC
Buyer's Agent
Stephanie MacCallum
EXP Realty LLC
List Price
$159,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Mar 27, 2001
Sold by
Bolinger Glen and Bolinger Barbara E
Bought by
Bolinger Glen and Bolinger Barbara E
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

Date Buyer Sale Price Title Company
Miller Lonnie D -- Continental Title
Rk Lc Llc -- Alpha Title Llc
Bolinger Glen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Lonnie D $202,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2018 01/17/18 Sold -- -- --
12/18/2017 12/18/17 Pending -- -- --
12/14/2017 12/14/17 For Sale $199,950 +25.0% $117 / Sq Ft
02/28/2014 02/28/14 Sold -- -- -- View Prior Sale
01/13/2014 01/13/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $159,950 -- $94 / 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 $4,304 $38,629 $6,762 $31,867
2023 $4,188 $36,616 $5,819 $30,797
2022 $3,685 $31,395 $5,285 $26,110
2021 $3,364 $27,278 $4,593 $22,685
2020 $3,201 $25,737 $4,593 $21,144
2019 $3,065 $24,495 $3,831 $20,664
2018 $2,714 $21,574 $3,831 $17,743
2017 $2,405 $18,952 $3,831 $15,121
2016 $2,185 $17,687 $3,831 $13,856
2015 $2,077 $16,836 $3,831 $13,005
2013 -- $14,893 $3,831 $11,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2083401

Heartland MLS

APN: DP30000014-0007