Last list price
408 S Water St Olathe, KS 66061
3
Beds
2
Baths
1,561
Sq Ft
7,783
Sq Ft Lot
Highlights
- Traditional Architecture
- Wood Flooring
- Great Room with Fireplace
- Oregon Trail Middle School Rated A-
- Main Floor Bedroom
- No HOA
About This Home
As of June 2025Charming Bungalow in the Heart of Downtown Olathe! Nestled just steps from everything downtown Olathe has to offer, this beautifully updated bungalow blends original character with modern upgrades. From the moment you arrive, the inviting cottage vibe and stone-covered front porch welcome you home via a charming walkway. Step inside to discover a warm, thoughtfully designed layout that flows seamlessly—ideal for both entertaining and everyday living. The family room, complete with custom pocket windows, offers the perfect spot to enjoy your morning coffee or unwind with an evening drink. A standout feature is the owner's suite, complete with shiplap walls, a full bathroom, and a spacious closet—creating a cozy, private retreat. Major updates in the past few years include a new roof, gutters, as well as upgraded plumbing, electrical, HVAC, and water heater systems. A full cosmetic renovation was also completed, featuring refinished hardwoods, updated moldings, a remodeled kitchen and bath, plus new cabinetry, countertops, tile, lighting, and hardware throughout. The backyard has been transformed into a private oasis with lush landscaping, a new privacy fence, and a cozy fire pit area —ideal for outdoor gatherings. Enjoy the unbeatable location just a short walk to all the exciting new development downtown, parks, library, shops, and cafes. With quick access to major highways, commuting is effortless. Don’t miss your chance to own this one-of-a-kind gem in Old Downtown Olathe!
Last Agent to Sell the Property
Keller Williams Platinum Prtnr Brokerage Phone: 816-350-4455 Listed on: 05/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,759
Year Built
- Built in 1936
Lot Details
- 7,783 Sq Ft Lot
- Wood Fence
Parking
- 2 Car Detached Garage
- Shared Driveway
Home Design
- Traditional Architecture
- Stone Frame
- Composition Roof
- Wood Siding
Interior Spaces
- 1,561 Sq Ft Home
- Self Contained Fireplace Unit Or Insert
- Great Room with Fireplace
- Family Room Downstairs
- Dining Room
- Eat-In Kitchen
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Schools
- Central Elementary School
- Olathe West High School
Utilities
- Window Unit Cooling System
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Porch
- City Lot
Community Details
- No Home Owners Association
- Olathe Subdivision
Listing and Financial Details
- Assessor Parcel Number DP52000080-0004B
- $0 special tax assessment
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2025
Closed on
Jun 13, 2025
Sold by
Parker Joshua T and Parker Ashley N
Bought by
Nason Andrew David and Nason Morgan Joon
Seller's Agent
The Carter Group
Keller Williams Platinum Prtnr
Buyer's Agent
Nick Wagoner
Real Broker, LLC
List Price
$315,000
Sold Price
$332,000
Premium/Discount to List
$17,000
5.4%
Views
61
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-65.02%
Original Mortgage
$232,000
Outstanding Balance
$232,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$76,466
Purchase Details
Listed on
Mar 18, 2023
Closed on
Apr 24, 2023
Sold by
Salway-Meyers Tammy
Bought by
Parker Joshua T and Parker Ashley N
Seller's Agent
Hannah Shireman
West Village Realty
Buyer's Agent
The Carter Group
Keller Williams Platinum Prtnr
List Price
$250,000
Sold Price
$287,500
Premium/Discount to List
$37,500
15%
Views
129
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$273,125
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2012
Sold by
Green Apple Properties Llc
Bought by
Salway Miller Tammy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 2011
Sold by
Malone Martha C and King Kathleen P
Bought by
Green Apple Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.15%
Mortgage Type
Unknown
Similar Homes in Olathe, KS
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Security 1St Title | |
| Warranty Deed | -- | Security 1St Title | |
| Warranty Deed | -- | Accurate Title Co Llc | |
| Warranty Deed | -- | Accurate Title Co Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $232,000 | New Conventional | |
| Previous Owner | $273,125 | New Conventional | |
| Previous Owner | $40,000 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $34,195 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Sold | -- | -- | -- |
| 05/17/2025 05/17/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | For Sale | $315,000 | +14.5% | $202 / Sq Ft |
| 04/25/2023 04/25/23 | Sold | -- | -- | -- |
| 03/25/2023 03/25/23 | Pending | -- | -- | -- |
| 03/25/2023 03/25/23 | Price Changed | $275,000 | +10.0% | $193 / Sq Ft |
| 03/17/2023 03/17/23 | For Sale | $250,000 | -- | $175 / Sq Ft |
Source: Heartland MLS
Tax History Compared to Growth
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 | $3,759 | $33,764 | $3,955 | $29,809 |
| 2023 | $2,027 | $18,147 | $3,955 | $14,192 |
| 2022 | $1,830 | $15,973 | $3,597 | $12,376 |
| 2021 | $1,862 | $15,260 | $3,269 | $11,991 |
| 2020 | $1,753 | $14,260 | $2,973 | $11,287 |
| 2019 | $1,656 | $13,398 | $2,583 | $10,815 |
| 2018 | $1,568 | $12,615 | $2,347 | $10,268 |
| 2017 | $1,506 | $12,006 | $2,347 | $9,659 |
| 2016 | $1,483 | $12,121 | $2,347 | $9,774 |
| 2015 | $1,378 | $11,293 | $2,347 | $8,946 |
| 2013 | -- | $9,373 | $2,137 | $7,236 |
Source: Public Records
Agents Affiliated with this Home
-
The Carter Group
Seller's Agent in 2025
The Carter Group
Keller Williams Platinum Prtnr
(816) 350-4455
8 in this area
281 Total Sales
-
Nick Wagoner
N
Buyer's Agent in 2025
Nick Wagoner
Real Broker, LLC
(913) 227-5462
43 in this area
197 Total Sales
-
Hannah Shireman
Seller's Agent in 2023
Hannah Shireman
West Village Realty
(913) 832-7500
27 in this area
338 Total Sales
Map
Source: Heartland MLS
MLS Number: 2546380
APN: DP52000080-0004B
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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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