NOT LISTED FOR SALE

5815 Larsen Ln Shawnee, KS 66203

Estimated Value: $326,894 - $346,000

5 Beds
3 Baths
1,932 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 23, 2016

Current estimated payment $2,155/month

3 Days on Market

Highlights

  • Central Heating and Cooling System
  • Garage
  • 1-Story Property

About This Home

As of August 2016

Opportunity is knocking! Great rental history & investment opportunity with this full Shawnee duplex. Both 5815 & 5817 are occupied with long time renters so start your investment immediately without having to find tenants or move into one side & rent the other. 2 BR rents for $775/mo & 3 BR rents for $900/mo, which are below current market value. 5817 has new dishwasher & 2 year old garage door opener. Close access to I-35 as well as restaurants & shopping. Walk to middle school.

Last Agent to Sell the Property

Kristin Malfer

Compass Realty Group License #SP00219943 Listed on: 06/13/2016

Compass Realty Group

Co-Listed By

Dawn Cramer

Compass Realty Group License #SP00233901

Last Buyer's Agent

Deborah Geier

RE/MAX State Line License #1999121030

RE/MAX State Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 1967

Lot Details

  • 7,841

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Parking

  • Garage
  • Off-Street Parking

Schools

  • Bluejacket Flint Elementary School
  • Sm North High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Additional Features

  • 1-Story Property
  • 7,841 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number QP44100000 0009

Community Details

Overview

  • 2 Units
  • Meyercrest Subdivision

Building Details

  • Gross Income $20,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,162

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 41-50 Years
  • Legal Description: MEYERCREST LOT 9 SHC-341A 0009
  • Package: Yes
  • Year Built: 1967
  • Senior Community: No
  • Co List Office Mls Id: RAN 05
  • Co List Office Name: ReeceNichols Leawood
  • Co List Office Phone: 913-851-7300
  • Down Payment Deprecated: Yes
  • 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: Kristin Malfer
  • List Office Mls Id: RAN 05
  • List Office Name: ReeceNichols Leawood
  • List Office Phone: 913-851-7300
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 3864
  • Phone Other: 816-536-0545
  • Phone Other Type: Cell
  • Special Documents Required: No
  • Tax Special Amount: 72
  • Tax Total Amount: 2234
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage, Off Street

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Shawnee Mission
  • Elementary School: Bluejacket Flint
  • Middle School: Hocker Grove
  • High School: SM North
  • Middle/Junior School: Hocker Grove

Lot Info

  • In Floodplain: No
  • Zoning: res
  • Lot Size Area: 0.18
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 7840.80
  • Parcel Number: QP44100000 0009
  • Subdivision Name: Meyercrest

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 20100
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2162.00

MLS Schools

  • Elementary School: Bluejacket Flint
  • School District: Shawnee Mission
  • High School: SM North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 14, 2016
Sold by
Li Zhiwu and Liu Ying
Bought by
Wolfe Ryan and Wires John
Seller's Agent
Kristin Malfer
Compass Realty Group
Buyer's Agent
Deborah Geier
RE/MAX State Line
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%
Current Estimated Value
$338,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,474
Avg. Annual Appreciation
5.76%

Purchase Details

Listed on
Apr 7, 2014
Closed on
Sep 5, 2014
Sold by
Lamson Properties Llc
Bought by
Li Zhiwu and Liu Ying
Seller's Agent
Kathy Stevens
RE/MAX State Line
Buyer's Agent
Tami West
Platinum Realty LLC
List Price
$189,950
Sold Price
$168,440
Premium/Discount to List
-$21,510
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$126,330
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2013
Sold by
Lamson James W and Lamson Pamela R
Bought by
Lamson Properties Llc

Purchase Details

Closed on
Nov 11, 2005
Sold by
Bohn Walter and Bohn Betty J
Bought by
Lamson James and Lamson Pamela
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
Wolfe Ryan -- Secured Title
Li Zhiwu -- Continental Title
Lamson Properties Llc -- None Available
Lamson James -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Zhiwu $126,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold -- -- --
06/16/2016 06/16/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $195,000 +2.7% $101 / Sq Ft
09/10/2014 09/10/14 Sold -- -- --
08/12/2014 08/12/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $189,950 -- $98 / 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 $3,535 $32,488 $4,714 $27,774
2023 $3,429 $30,935 $4,714 $26,221
2022 $3,040 $27,232 $4,380 $22,852
2021 $2,818 $23,541 $3,809 $19,732
2020 $2,699 $22,207 $3,455 $18,752
2019 $2,974 $24,564 $2,883 $21,681
2018 $2,904 $22,943 $2,566 $20,377
2017 $2,693 $21,620 $2,566 $19,054
2016 $2,487 $19,746 $2,566 $17,180
2015 $2,234 $18,688 $2,566 $16,122
2013 -- $14,019 $2,566 $11,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 1996922

Heartland MLS

APN: QP44100000-0009