NOT LISTED FOR SALE

720 S Ridgeview Rd Olathe, KS 66061

Estimated Value: $284,000 - $339,000

5 Beds
2 Baths
1,848 Sq Ft
$169/Sq Ft Est. Value

Last Sold October 05, 2018

Current estimated payment $1,997/month

25 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Olathe North Sr High School Rated A
  • Eat-In Kitchen
  • Fenced

About This Home

As of October 2018

GREAT INVESTMENT OPPORTUNITY...EASY TO RENT..CLOSE TO EVERYTHING..Don't miss out on the this opportunity to own a duplex in a good Olathe location. BOTH SIDES ARE CURRENTLY RENTED..NEED 24 HOUR NOTICE TO SHOW.

Last Agent to Sell the Property

Jerry Kelso

Kelso Real Estate License #BR00018265 Listed on: 08/07/2018

Last Buyer's Agent

Mike Russell

Real Broker, LLC License #SP00225692

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1964

Lot Details

  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement
  • Laundry in Basement
  • Eat-In Kitchen

Schools

  • Ridgeview Elementary School
  • Olathe North High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • 2 Units
  • Ridgeview Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number DP63400001 0002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 51-75 Years
  • Legal Description: RESURVEY AND REPLAT OF RIDGEVIEW ADDITION NO. 4 LOT 2, BLOCK 1
  • Package: No
  • Year Built: 1964
  • Senior Community: No
  • Dining Area Features: Eat-In Kitchen
  • 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: Jerry Kelso
  • List Office Mls Id: KW01
  • List Office Name: Keller Williams Realty Partner
  • List Office Phone: 913-906-5400
  • Maintenance Provided: No
  • Mls Status: Sold
  • Special Documents Required: No
  • Tax Total Amount: 2500
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Flooring: Wood Floors
  • Laundry Features: In The Basement
  • Stories: 2

Exterior Features

  • Exterior Features: Fenced Area
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Olathe
  • Elementary School: Ridgeview
  • Middle School: Indian Trail
  • High School: Olathe North
  • Middle/Junior School: Indian Trail

Lot Info

  • In Floodplain: Unknown
  • Zoning: R-1
  • Parcel Number: DP63400001 0002
  • Subdivision Name: Ridgeview Addition

Rental Info

  • Existing Lease Terms: Other

Building Info

  • Number of Units Total: 2

Multi Family

  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Other

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2500.00

MLS Schools

  • Elementary School: Ridgeview
  • School District: Olathe
  • High School: Olathe North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2019
Sold by
Schamberger Kevin P and Schamberger Tricia
Bought by
Sre Holdings Llc
Current Estimated Value
$312,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,750
Outstanding Balance
$122,601
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$195,604

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 3, 2018
Sold by
Schamberger Kevin P and Schamberger Tricia
Bought by
Stre Holding Llc
Seller's Agent
Jerry Kelso
Kelso Real Estate
Buyer's Agent
Mike Russell
Real Broker, LLC
List Price
$209,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 24, 2018
Sold by
Peterson Glenn E and Peterson Mary Lee
Bought by
Schamberger Kevin P
Seller's Agent
Jerry Kelso
Kelso Real Estate
Buyer's Agent
Mike Russell
Real Broker, LLC
List Price
$209,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
C & C Property Investments Inc
Bought by
Peterson Glenn E and Peterson Mary Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,600
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 23, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
C & C Properties Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Rios Rosa and Rios Rosa S
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 17, 2001
Sold by
Rios Rosa S and Briseno Rosa
Bought by
Rios Rosa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
10.65%
Source: Public Records

Range of Values:

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
Sre Holdings Llc -- Accommodation
Schamberger Kevin P -- Platinum Title Llc
Stre Holding Llc -- Accommodation
Schamberger Kevin P -- Security 1St Title
Peterson Glenn E -- Chicago Title Ins Co
C & C Properties Investment -- First American Title
Deutsche Bank National Trust Co $131,339 None Available
Rios Rosa S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schamberger Kevin P $154,750
Previous Owner Schamberger Kevin P $150,000
Previous Owner Peterson Glenn E $19,600
Previous Owner C & C Properties Investment $170,000
Previous Owner Rios Rosa S $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold -- -- --
09/01/2018 09/01/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $209,900 0.0% $114 / Sq Ft
08/18/2018 08/18/18 Off Market -- -- --
08/14/2018 08/14/18 For Sale $209,900 0.0% $114 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $209,900 -- $114 / 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 $4,141 $37,042 $4,965 $32,077
2023 $4,032 $35,282 $4,965 $30,317
2022 $3,514 $29,969 $4,513 $25,456
2021 $3,156 $25,610 $3,757 $21,853
2020 $3,002 $24,162 $3,416 $20,746
2019 $2,876 $23,001 $3,416 $19,585
2018 $3,295 $21,712 $2,842 $18,870
2017 $2,881 $20,700 $2,842 $17,858
2016 $2,593 $20,918 $2,585 $18,333
2015 $2,477 $20,010 $2,585 $17,425
2013 -- $18,676 $2,585 $16,091
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 2122640

Heartland MLS

APN: DP63400001-0002