NOT LISTED FOR SALE

526 E Park St Olathe, KS 66061

Estimated Value: $363,409 - $403,000

5 Beds
4 Baths
-- Sq Ft
0.53 Acres

Last Sold July 13, 2020

Current estimated payment $2,255/month

83 Days on Market

Highlights

  • 22,991 Sq Ft lot
  • Cooling Available
  • Forced Air Heating System
  • Oregon Trail Middle School Rated A-
  • Board and Batten Siding
  • Combination Kitchen and Dining Room

About This Home

As of July 2020

NO IN PERSON SHOWINGS - we are getting a virtual tour. First deal finance fell through with the virus. TENANT OCCUPIED - Please stay off property without an appointment! This property has 4 units. 1 - 2 bedroom, and 3 - 1 bedroom units. All 4 Units are leased. Property is being sold in as is condition. All units have individual exterior entrances, and there is ample parking and yard. This convienent location in the heart of Olathe is ideal for this cash flow property. Tenant in one of the units is immune compromised so in person showings will ONLY be allowed with an offer contingent on in person showing. We are planning a new virtual tour.

Last Agent to Sell the Property

Misty Welter

Keller Williams Realty Partners Inc. License #SP00234356 Listed on: 02/21/2020

Keller Williams Realty Partners Inc.

Last Buyer's Agent

Shelley Trost

RE/MAX Realty Suburban Inc License #SP00226666

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 0.53 Acre Lot
  • Private Entrance
  • Property is zoned R2

Home Design

  • Converted Dwelling
  • Frame Construction
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Basement

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Olathe North High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Hayes Addition Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number DP31000001-0005C

Home Details

Home Type

Single Family

Year Built

Built in 1915

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 S 1/2 E 90' W 190' LT 5 BLK 1 OLC 2052
  • Package: No
  • Year Built: 1915
  • Senior Community: No
  • Dining Area Features: Kit/Dining Combo
  • 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: Misty Welter
  • List Office Mls Id: KW07
  • List Office Name: Keller Williams Legacy Partner
  • List Office Phone: 913-825-2100
  • Maintenance Description: Building Exterior, HVAC, Lawn, Roof Repair, Roof Replace
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 18701
  • Other Room Features: Private Bath
  • Phone Other: 913-543-6541
  • Phone Other Type: Phone
  • Special Documents Required: No
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To All Units, Private Entry
  • Basement: Yes
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Gas
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Lot Info

  • In Floodplain: Unknown
  • Zoning: R2
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 22991.00
  • Parcel Number: DP31000001-0005C
  • Subdivision Name: Hayes Addition

Rental Info

  • Existing Lease Terms: 12 Months, Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 37122
  • Current Occupancy Rate: Under 80%
  • Operating Expenses Include: Maintenance, Property Mgmt, Refuse Collection, Sewer, Water

Tax Info

  • Tax Abatement: No

MLS Schools

  • School District: Olathe
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jun 26, 2020
Sold by
Chaffin Thomas B and Chaffin Carolyn Ann
Bought by
Schupp John
Seller's Agent
Misty Welter
Keller Williams Realty Partners Inc.
Buyer's Agent
Shelley Trost
RE/MAX Realty Suburban Inc
List Price
$250,000
Current Estimated Value
$377,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schupp John -- Security 1St Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2020 07/13/20 Sold -- -- --
05/14/2020 05/14/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $250,000 +16.3% --
08/08/2012 08/08/12 Sold -- -- -- View Prior Sale
06/26/2012 06/26/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $215,000 -- --
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 $3,615 $32,522 $6,002 $26,520
2023 $3,527 $30,970 $6,002 $24,968
2022 $3,394 $28,969 $5,451 $23,518
2021 $3,433 $27,830 $4,948 $22,882
2020 $3,541 $28,428 $4,494 $23,934
2019 $3,467 $27,657 $3,912 $23,745
2017 $2,892 $22,725 $3,554 $19,171
2016 $2,533 $20,448 $3,554 $16,894
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 2207877

Heartland MLS

APN: DP31000001-0005C