NOT LISTED FOR SALE

525 E Mardie St Olathe, KS 66061

Estimated Value: $190,000 - $216,000

1 Bed
1 Bath
768 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 07, 2023

Current estimated payment $1,237/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Whirlpool Bathtub
  • Olathe North Sr High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of July 2023

Why rent when you can own! Ranch home features hardwood floors in the living room, bedroom, and bonus room. Nice sized kitchen with tile floor and all appliances staying (including washer & dryer). Large backyard with a storage shed. Speaking of storage, a full basement gives you plenty of other storage space. Located at the end of a cul-de-sac to keep street traffic down. Conveniently close to downtown Olathe & easy access to the highway. Would be easy to convert this home back to a 2 bedroom home. Roof is only 5 years old. Invest into your future with this amazing value!

Last Agent to Sell the Property

Majid Ghavami

ReeceNichols- Leawood Town Center Brokerage Phone: 913-980-2434 License #SP00230708 Listed on: 06/08/2023

ReeceNichols- Leawood Town Center

Co-Listed By

Rob Ellerman

ReeceNichols - Lees Summit Brokerage Phone: 913-980-2434

Last Buyer's Agent

Kim Engle

ReeceNichols -Johnson County W License #SP00240207

ReeceNichols -Johnson County W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 1957

Lot Details

  • 10,501 Sq Ft Lot
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 768 Sq Ft Home
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Eat-In Kitchen
  • Built-In Electric Oven
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Schools

  • Washington Elementary School
  • Olathe North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • City Lot

Community Details

  • No Home Owners Association
  • Highland Addition Subdivision

Listing and Financial Details

  • Exclusions: AS IS
  • Assessor Parcel Number dp32000004 0016
  • $0 special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,008

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1957
  • Above Grade Finished Sq Ft: 768
  • Architectural Style: Traditional
  • Co List Office Mls Id: HMSRAN_20
  • Co List Office Name: ReeceNichols - Lees Summit
  • Co List Office Phone: 816-524-7272
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Majid Ghavami
  • Listing Service: Full Service
  • List Office Mls Id: HMSRAN_30
  • List Office Name: ReeceNichols - Town Center
  • List Office Phone: 913-345-0700
  • Living Area: 768
  • Mls Status: Sold
  • Ownership: Private
  • Age Description: 51-75 Years
  • Floor Plan Features: Ranch
  • Tax Special Amount: 0
  • Tax Total Amount: 2008
  • Value Range Pricing YN: 0
  • Dining Area Features: Eat-In Kitchen,Kit/Dining Combo
  • Maintenance Provided YN: 1
  • Building Conversion YN: 1
  • Major Repair Costs: 0.00
  • Attribution Contact: 913-980-2434
  • Special Features: None

Interior Features

  • Exclusions: AS IS
  • Interior Amenities: Ceiling Fan(s), Whirlpool Tub
  • Basement: Concrete
  • Appliances: Disposal, Dryer, Microwave, Refrigerator, Built-In Electric Oven, Washer
  • Basement: Yes
  • Fireplace: No
  • Flooring: Wood
  • Laundry Features: In Basement

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved
  • Exclusions YN: 1
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Carport

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Cooling: Yes
  • Security Features: Smoke Detector(s)
  • Water Source: Public
  • Telecom: Cable - Available

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Continental Title

Schools

  • Middle/Junior School: Santa Fe
  • Junior High Dist: Olathe

Lot Info

  • Lot Features: City Lot, Cul-De-Sac, Level
  • Lot Size Area: 10501
  • Lot Size Sq Ft: 10501
  • Parcel Number: dp32000004 0016
  • Property Attached: No
  • Subdivision Name: Highland Addition
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Tax Info

  • Tax Annual Amount: 2008

MLS Schools

  • Elementary School: Washington
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 7, 2023
Sold by
Hopkins Paul A
Bought by
Alvarez Rigoberto
Seller's Agent
Majid Ghavami
ReeceNichols- Leawood Town Center
Buyer's Agent
Kim Engle
ReeceNichols -Johnson County W
List Price
$120,000
Views
33
Current Estimated Value
$204,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%
Original Mortgage
$120,000
Outstanding Balance
$113,402
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$90,935

Purchase Details

Closed on
Oct 22, 2009
Sold by
Lamar Andrew R
Bought by
Hopkins Mark Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
5.03%
Mortgage Type
VA

Purchase Details

Closed on
Oct 2, 2006
Sold by
Coleman Roy D and Coleman Julie A
Bought by
Lamar Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
6.03%
Mortgage Type
New Conventional
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
Alvarez Rigoberto -- Continental Title Company
Hopkins Mark Gregory -- Continental Title
Lamar Andrew R -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Rigoberto $120,000
Previous Owner Hopkins Mark Gregory $106,700
Previous Owner Lamar Andrew R $17,500
Previous Owner Lamar Andrew R $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold -- -- --
06/15/2023 06/15/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $120,000 -- $156 / 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 $1,830 $17,193 $4,454 $12,739
2023 $2,194 $19,573 $4,051 $15,522
2022 $2,008 $17,457 $3,682 $13,775
2021 $2,047 $16,744 $3,682 $13,062
2020 $1,995 $16,180 $3,200 $12,980
2019 $1,904 $15,352 $3,200 $12,152
2018 $1,809 $14,501 $2,563 $11,938
2017 $1,802 $14,294 $2,563 $11,731
2016 $1,664 $13,558 $2,563 $10,995
2015 $1,517 $12,397 $2,563 $9,834
2013 -- $10,891 $2,329 $8,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2439328

Heartland MLS

APN: DP32000004-0016