NOT LISTED FOR SALE

547 E Spruce St Olathe, KS 66061

3 Beds
3 Baths
3,297 Sq Ft
-- Built

Last Sold October 08, 2021

44 Days on Market

Highlights

  • No HOA
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Olathe North Sr High School Rated A
  • Resident Manager or Management On Site

About This Home

As of October 2021

Rare opportunity to own 2 full duplex's with 2 additional duplex lots. All units are 3 bd 2.5 bath 2 story units with newly updated interiors. Well built with brick and stone exteriors, covered front porches and a one car garage. Close proximity to schools and downtown Olathe. Great investment opportunity with established tenants and steady cashflow.

Last Agent to Sell the Property

Cj Garrett

Heartland Realty, LLC License #SP00232972 Listed on: 05/17/2021

Co-Listed By

Heather Dickson

Platinum Realty LLC License #SP00236394

Last Buyer's Agent

Manal Rouphael

KW Diamond Partners License #SP00230596

KW Diamond Partners

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,858

Lot Details

  • Property is zoned RP-3

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Stone Trim

Interior Spaces

  • 3,297 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cornwall Barton Subdivision

Additional Features

  • Gross Income $62,400
  • Resident Manager or Management On Site

Property Details

Property Type

Other

Est. Annual Taxes

$9,858

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Age Description: 2 Years/Less
  • Legal Description: CORNWALL & BARTON'S ADDITION TO OLATHE BG NE CR LT 28 W 350.65' S 248.5' NE 430' TO POB EX BG SE CR SW 64.64' N 33.98' NW 9.24' E 63.18' TO POB OLC 3486
  • Package: Yes
  • Co List Office Mls Id: PRKC
  • Co List Office Name: Platinum Realty
  • Co List Office Phone: 888-220-0988
  • 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: CJ Garrett
  • List Office Mls Id: PRKC
  • List Office Name: Platinum Realty
  • List Office Phone: 888-220-0988
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 12858
  • Special Documents Required: No
  • Tax Total Amount: 9858
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Trim, Stone Trim

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: On-Site Mgmt
  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Schools

  • School District: Olathe

Lot Info

  • In Floodplain: No
  • Zoning: RP-3
  • Building Area Total: 3297.00
  • Parcel Number: 999999
  • Subdivision Name: Cornwall Barton

Rental Info

  • Existing Lease Terms: One Year Lease

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 62400
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Insurance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 9858.00

MLS Schools

  • School District: Olathe

Range of Values:

Collateral Analytics

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold -- -- --
06/30/2021 06/30/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $900,000 -- $273 / Sq Ft
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2321998

Heartland MLS