$575,000
SOLD AUG 20, 2025
Last list price

549 E Park St Olathe, KS 66061

-- Bed
30 Baths
3,194 Sq Ft
0.39 Acres

Recently Sold

$180 Per Sq Ft

76 Days on Market

About This Home

As of August 2025

Fully occupied six-plex in great Johnson County location. One 2 bedroom unit and five 1 bedroom units, many with long term tenants. Very easy to rent. Units equipped with refrigerators, gas ranges, and window/wall AC units. Off street parking available behind. One has been completely remodeled and has in unit laundry.

Last Agent to Sell the Property

Corrinne Geisler

KW Diamond Partners Brokerage Phone: 913-543-0321 License #2014029542 Listed on: 03/13/2025

KW Diamond Partners

Last Buyer's Agent

Steve Ruble

Platinum Realty LLC License #SP00044700

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 1912

Lot Details

  • 0.39 Acre Lot

Home Design

  • Converted Dwelling
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 30 Bathrooms
  • 3,194 Sq Ft Home
  • 3-Story Property
  • Gas Range
  • Basement

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Central Elementary School
  • Olathe North High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number DP31100002 0007D
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Gross Income $51,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,550

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Converted Residence
  • Year Built: 1912
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Corrinne Geisler
  • List Office Mls Id: HMSKW05
  • List Office Name: KW Diamond Partners
  • List Office Phone: 913-322-7500
  • Mls Status: Sold
  • Operating Expense: 4550
  • Age Description: 101 Years/More
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 913-543-0321
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Basement: Yes
  • Stories: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: No
  • Water Source: Public

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Secured Title of KC

Schools

  • Junior High Dist: Olathe

Lot Info

  • Zoning: res
  • Building Area Total: 3194
  • Lot Size Sq Ft: 17063
  • Parcel Number: DP31100002 0007D
  • Subdivision Name: Other
  • In Flood Plain: No

Building Info

  • Number of Units Total: 6

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 51660
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4550
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Central
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Aug 15, 2025
Sold by
Duchess Of Flanders Llc
Bought by
Maple Lane Properties Llc
Seller's Agent
Corrinne Geisler
KW Diamond Partners
Buyer's Agent
Steve Ruble
Platinum Realty LLC
List Price
$595,000
Views
56
Current Estimated Value
$508,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.84%

Purchase Details

Listed on
Mar 12, 2014
Closed on
Apr 21, 2014
Sold by
Invessa Group Llc
Bought by
Eeklo Llc
Seller's Agent
Mat Lewczenko
EXP Realty LLC
Buyer's Agent
Gary Morrison
KW Diamond Partners
List Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$175,200
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 19, 2013
Closed on
May 20, 2013
Sold by
First Federal Savings & Loan Bank
Bought by
Invessa Group Llc
Seller's Agent
Joel Pickering
Platinum Realty LLC
Buyer's Agent
Mat Lewczenko
EXP Realty LLC
List Price
$154,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.96%
Original Mortgage
$1,198
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2008
Sold by
Smith James R and Smith Arlene R
Bought by
Smith James R and Smith Arlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
8.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2006
Sold by
Smith James B and Smith Arlene R
Bought by
Smith James R and Smith Arlene R
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Secured Title Of Kansas City
Warranty Deed -- Platinum Title Llc
Corporate Deed -- Secured Title & Kansas City
Interfamily Deed Transfer -- Kansas Title
Interfamily Deed Transfer -- Kansas Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,200 Future Advance Clause Open End Mortgage
Previous Owner $1,198 Commercial
Previous Owner $143,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2025 08/20/25 Sold -- -- --
05/28/2025 05/28/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $575,000 -3.4% $180 / Sq Ft
03/13/2025 03/13/25 For Sale $595,000 +164.4% $186 / Sq Ft
04/23/2014 04/23/14 Sold -- -- -- View Prior Sale
03/14/2014 03/14/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $225,000 +45.2% $70 / Sq Ft
05/20/2013 05/20/13 Sold -- -- -- View Prior Sale
05/03/2013 05/03/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $154,950 -- $49 / 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 $4,549 $40,549 $5,204 $35,345
2023 $4,422 $38,617 $5,204 $33,413
2022 $4,195 $35,627 $4,729 $30,898
2021 $3,624 $29,359 $4,294 $25,065
2020 $3,448 $27,692 $3,902 $23,790
2019 $3,466 $27,646 $3,394 $24,252
2017 $3,340 $26,185 $3,083 $23,102
2016 $2,999 $24,138 $3,083 $21,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2535413

Heartland MLS

APN: DP31100002-0007D