NOT LISTED FOR SALE

523 E Park St Olathe, KS 66061

Estimated Value: $249,000 - $270,494

4 Beds
3 Baths
1,714 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 27, 2022

Current estimated payment $1,583/month

29 Days on Market

Highlights

  • No HOA
  • Oregon Trail Middle School Rated A-
  • Garage

About This Home

As of May 2022

Located in Olathe next to Sante Fe- 3 studio units, currently rented month to month, this is an opportunity for any investor or someone wanting to get into investing. Seller is selling as-is. Cosmetic work is optional for the new buyer. Demand for rentals is rising day by day, get into investing while you can!

Last Agent to Sell the Property

Darla Russell

Keller Williams Realty Partners Inc. License #SP00239071 Listed on: 03/26/2022

Keller Williams Realty Partners Inc.

Last Buyer's Agent

Christian Hidalgo

KW Diamond Partners License #SP00227372

KW Diamond Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1910

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R2

Home Design

  • Converted Dwelling
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property

Parking

  • Garage
  • Off-Street Parking

Schools

  • Central Elementary School
  • Olathe North High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Hayes Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number DP31100002-0006B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,881

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Converted Residence
  • Age Description: 101 Years/More
  • Legal Description: HAYES' ADDITION TO OLATHE (NORTH OF LOULA) BG 133.5' W NE CR LT 6 BLK 2 S 250' X W 73' EX TR 58' X 58' IN SW CR OLC 2166
  • Package: No
  • Year Built: 1910
  • 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: Darla Mabrey
  • List Office Mls Id: KW05
  • List Office Name: Keller Williams Diamond Part
  • List Office Phone: 913-322-7500
  • Mls Status: Sold
  • Operating Expense: 8420
  • Tax Total Amount: 1881
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Off Street, Other

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public/City
  • Utilities: Cent Water Heater
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Schools

  • Middle/Junior School: Oregon Trail

Lot Info

  • In Floodplain: No
  • Zoning: R2
  • Building Area Total: 1714.00
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 15246.00
  • Parcel Number: DP31100002-0006B
  • Subdivision Name: Hayes Addition

Rental Info

  • Existing Lease Terms: Month To Month, Negotiable, Other

Building Info

  • Number of Units Total: 3

Multi Family

  • Gross Income: 28200
  • Current Occupancy Rate: 90-95%
  • Operating Expenses Include: Electricity, Personal Prop Tax, Property Insurance, Refuse Collection, Sewer, Water

Tax Info

  • Tax Annual Amount: 1881.00

MLS Schools

  • Elementary School: Central
  • School District: Olathe
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2022
Closed on
May 27, 2022
Sold by
Taylor Jeffrey B
Bought by
Lyles Erin S and Habberfield Nancy S
Seller's Agent
Darla Russell
Keller Williams Realty Partners Inc.
Buyer's Agent
Christian Hidalgo
KW Diamond Partners
List Price
$249,000
Current Estimated Value
$259,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
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
Lyles Erin S -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold -- -- --
04/24/2022 04/24/22 Pending -- -- --
04/16/2022 04/16/22 Price Changed $239,000 -4.0% $139 / Sq Ft
03/26/2022 03/26/22 For Sale $249,000 -- $145 / 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 $2,703 $24,690 $4,930 $19,760
2023 $2,985 $26,335 $4,930 $21,405
2022 $2,248 $19,446 $4,480 $14,966
2021 $1,978 $16,192 $4,070 $12,122
2020 $1,881 $15,272 $3,698 $11,574
2019 $1,868 $15,065 $3,217 $11,848
2017 $1,474 $11,753 $2,922 $8,831
2016 $1,271 $10,442 $2,922 $7,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2372068

Heartland MLS

APN: DP31100002-0006B