NOT LISTED FOR SALE

523 W Loula St Olathe, KS 66061

Estimated Value: $242,000 - $302,000

4 Beds
2 Baths
1,512 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 23, 2017

Current estimated payment $1,711/month

4 Days on Market

Highlights

  • Board and Batten Siding
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Westview Elementary School Rated A-
  • 4 Car Garage

About This Home

As of June 2017

Open living area with 2 bedrooms and 1 bath. 2 Duplexes are side by side. Owner would prefer to sell them together $330,000. Small acreage included for small price.

Last Agent to Sell the Property

Steve Hougland

KW Diamond Partners License #SP00224224 Listed on: 04/25/2017

KW Diamond Partners

Co-Listed By

Suzy Lowe

KW Diamond Partners License #SP00235913

Last Buyer's Agent

Steve Hougland

KW Diamond Partners License #SP00224224 Listed on: 04/25/2017

KW Diamond Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,879

Year Built

  • Built in 1996

Lot Details

  • 0.29

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Off-Street Parking

Schools

  • Westview Elementary School
  • Olathe West High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number DP72100001 0001I

Community Details

Overview

  • 2 Units
  • Stevensons 2Nd Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,879

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 21-30 Years
  • Legal Description: STEVENSONS SECOND ADDITION BG 100' E INTERSEC N/L BLK 1 & E RTWY/L RR E 88.42' S 220.86'TO E/L RR NW 137.18' N 119' TO POB OLC 3305C
  • Package: Optional
  • Year Built: 1996
  • Senior Community: No
  • Co List Office Mls Id: KW05
  • Co List Office Name: Keller Williams Diamond Part
  • Co List Office Phone: 913-322-7500
  • 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: Steve Hougland
  • List Office Mls Id: KW05
  • List Office Name: Keller Williams Diamond Part
  • List Office Phone: 913-322-7500
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 600
  • Print Publication Text D E P R E C A T E: Duplex 1512 sq.ft. total. total of 4 bedrooms and 2 full baths. Open floor plan with off street parking.
  • Special Documents Required: No
  • Tax Total Amount: 1879
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten, Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Telecommunications: Metro Free
  • Utilities: Cent Water Heater
  • Cooling: Yes
  • Security Features: Smoke Detector
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Olathe
  • Elementary School: Westview
  • Middle School: Oregon Trail
  • High School: Olathe West
  • Middle/Junior School: Oregon Trail

Lot Info

  • In Floodplain: No
  • Zoning: R
  • Building Area Total: 1512.00
  • Parcel Number: DP72100001 0001I
  • Subdivision Name: Stevensons 2nd

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 18000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1879.00

MLS Schools

  • Elementary School: Westview
  • School District: Olathe
  • High School: Olathe West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
Jerry Lou
Bought by
523 Olathe Trust
Current Estimated Value
$274,582

Purchase Details

Listed on
Apr 25, 2017
Closed on
Jul 3, 2017
Sold by
M & M Management Llc
Bought by
Lou Jerry
Seller's Agent
Steve Hougland
KW Diamond Partners
Buyer's Agent
Steve Hougland
KW Diamond Partners
List Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$167,411
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2006
Sold by
Martin Earl A and Martin Pamela J
Bought by
M & M Management Llc

Purchase Details

Closed on
Oct 7, 2005
Sold by
Martin Earl A and Martin Pamela J
Bought by
M & M Management Llc
Source: Public Records

Range of Values:

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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
523 Olathe Trust -- None Listed On Document
Lou Jerry -- None Available
M & M Management Llc -- None Available
M & M Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lou Jerry $210,000
Previous Owner Lou Jerry $167,411
Previous Owner Martin Earl A $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold -- -- --
04/29/2017 04/29/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $175,000 -- $116 / 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 $2,577 $23,610 $4,614 $18,996
2023 $2,534 $22,483 $4,614 $17,869
2022 $2,430 $20,964 $4,194 $16,770
2021 $2,760 $22,448 $3,810 $18,638
2020 $2,625 $21,172 $3,463 $17,709
2019 $2,537 $20,332 $3,011 $17,321
2018 $2,452 $19,527 $2,736 $16,791
2017 $2,107 $16,652 $2,736 $13,916
2016 $1,955 $15,859 $2,736 $13,123
2015 $1,868 $15,180 $2,736 $12,444
2013 -- $14,777 $2,486 $12,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2043088

Heartland MLS

APN: DP72100001-0001I