$250,000
SOLD APR 25, 2023
Last list price

408 S Water St Olathe, KS 66061

3 Beds
2 Baths
1,425 Sq Ft
7,783 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

8 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Window Unit Cooling System
  • Oregon Trail Middle School Rated A-
  • 2 Car Detached Garage
  • Wood Siding

About This Home

As of June 2025

Welcome to your dream home! This bungalow located in the heart of old downtown Olathe boasts original charm with all the upgrades you could ask for. As you approach the home, you'll notice the picturesque cottage feel with a beautiful new walkway leading up to the stone covered porch.

Once inside and you'll be greeted with a cozy floor plan with great flow, perfect for entertaining or relaxing with family. The screened-in back porch with pocket windows is a delightful place to spend your morning sipping coffee or your afternoon drinks.

One of the many upgrades includes a newly added attic bedroom with shiplap, full bathroom & closet creating a private suite! New roof & two car garage were installed in 2020. All plumbing, electrical, water heater, & HVAC have been updated. A full cosmetic restoration was completed including kitchen, bath, hardwoods & moldings. New cabinets, countertops, tile, light fixtures, hardware, & more. A new privacy fence was installed to create a serene backyard oasis with gorgeous landscaping & fire pit.

Finally, the attic bedroom has been transformed into a private suite including a full bathroom & closet with with ship-lapped walls providing a touch of character and charm.

With two parks, the new downtown library, shops & cafe within walking distance, you'll love the convenience of the neighborhood. Plus, easy access to highways makes commuting a breeze. Don't miss this one!

Last Agent to Sell the Property

Hannah Shireman

West Village Realty License #SP00235395 Listed on: 03/18/2023

Last Buyer's Agent

The Carter Group

Keller Williams Platinum Prtnr

Keller Williams Platinum Prtnr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1936

Lot Details

  • 7,783 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Stone Frame
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,425 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Olathe Subdivision

Listing and Financial Details

  • Assessor Parcel Number DP52000080-0004B
  • $0 special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,830

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 1425
  • Fireplaces: 1
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Hannah Shireman
  • List Office Mls Id: HMSWVR
  • List Office Name: West Village Realty
  • List Office Phone: 913-742-2121
  • Living Area: 1425
  • Mls Status: Sold
  • Ownership: Private
  • Age Description: 76-100 Years
  • Floor Plan Features: 1.5 Stories,Bungalow
  • Tax Special Amount: 0
  • Tax Total Amount: 1830
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Fireplace: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Stone & Frame, Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Detached, Shared Driveway

Utilities

  • Cooling: Electric, Window Unit(s)
  • Heating: Electric, Natural Gas
  • Cooling: Yes
  • Water Source: Public

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Security 1st

Schools

  • Junior High Dist: Olathe

Lot Info

  • Lot Size Area: 7783
  • Lot Dimensions: 7,783
  • Lot Size Sq Ft: 7783
  • Parcel Number: DP52000080-0004B
  • Subdivision Name: Olathe
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Tax Info

  • Tax Annual Amount: 1830
  • Tax Abatement YN: 0

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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $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

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Map

Source: Heartland MLS

MLS Number: 2425519

Heartland MLS

APN: DP52000080-0004B