$188,000
SOLD JAN 31, 2020
Last list price

723 N Somerset Terrace Olathe, KS 66062

2 Beds
2 Baths
1,271 Sq Ft
3,927 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

72 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Enclosed Patio or Porch
  • Olathe East Sr High School Rated A-
  • Stainless Steel Appliances
  • 1 Car Attached Garage

About This Home

As of April 2020

Very well maintained MAINTENANCE FREE Two Bedroom, 2 full Baths. 55+ Community. All Electric Home. 1 car enclosed and attached Garage with inside entrance. NO STEPS ANYWHERE! HANDICAP ACCESSIBLE. Wood floors throughout the living areas. Newer Appliances. 2 yr old HVAC. New Windows and sliding glass door. Patio. Newer HWH. New Washer & Dryer. The Patio has an electric awning to shield from the sun. Extra storage in the attic with pull down stairs. Shelves in the garage stay. New Washer/Dryer 2018
New Garbage Disposal 2016
New HVAC 2016
New Refrigerator 2016
New Patio Door 2016
New Dishwasher 2018
New Electric Range 2018
New Windows 2016
New HWH 2016

Last Agent to Sell the Property

Cathy Schmidt

KW Diamond Partners License #SP00222723 Listed on: 11/13/2019

KW Diamond Partners

Last Buyer's Agent

Debbie Fleet

Weichert, Realtors Welch & Com License #SP00224557

Weichert, Realtors Welch & Com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,314

Year Built

  • Built in 1999

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Villa
  • Property Attached
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 1,271 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Additional Features

  • Enclosed Patio or Porch
  • 3,927 Sq Ft Lot
  • Central Air

Community Details

  • Association fees include building maint, lawn maintenance, roof replacement, snow removal, street, trash pick up
  • Sterling Replat Of Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Exclusions: APPLIANCES
  • Assessor Parcel Number DP71900000-0006A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,314

Year Built

Built in 1999

Lot Details

0

HOA Fees

$185 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Patio/Villa
  • Age Description: 16-20 Years
  • Legal Description: CITY/MUNI/TWP:OLATHE STERLING 2ND PLAT PT LT 6 BG 77.47' S NE CR S 35.07' W 112'N 35.07' E 112' TO POB OLC 619 6A MAP REF:MAP K30
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 1271.00
  • Architectural Style: Traditional
  • Dining Area Features: Liv/Dining Combo
  • Exclude From Reports: No
  • Floor Plan Features: Ranch
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Cathy Schmidt
  • List Office Mls Id: KW05
  • List Office Name: Keller Williams Diamond Part
  • List Office Phone: 913-322-7500
  • Living Area: 1271.00
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Special Documents Required: No
  • Tax Total Amount: 2314
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Exclusions: APPLIANCES
  • Interior Amenities: Ceiling Fan(s), Stained Cabinets, Walk-In Closet
  • Above Grade Finished Area Units: Square Feet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Rng/Oven- Electric, Stainless Appliances, Washer
  • Basement: No
  • Fireplace: No
  • Flooring: Wood Floors
  • Laundry Features: Main Level

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exclusions: Yes
  • Roof: Composition
  • Construction Materials: Board/Batten
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Garage Faces Front

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: City/Public
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Association Fee: 185
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Building Maint, Lawn Maintenance, Roof Replace, Snow Removal, Street, Trash Pick Up

Schools

  • School District: Olathe

Lot Info

  • In Floodplain: No
  • Lot Features: City Limits
  • Lot Size Area: 3927.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 3927.00
  • Parcel Number: DP71900000-0006A
  • Property Attached: Yes
  • Subdivision Name: Sterling- Replat of

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 2314.00

MLS Schools

  • School District: Olathe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Mar 27, 2020
Sold by
Motti Michael D and Motti Tammy L
Bought by
Stevens Elizabeth A
Seller's Agent
Debbie Fleet
Weichert, Realtors Welch & Com
Buyer's Agent
Penny Dunman
Keller Williams Realty Partners Inc.
List Price
$179,900
Current Estimated Value
$274,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$185,250
Outstanding Balance
$164,109
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$110,540

Purchase Details

Listed on
Nov 13, 2019
Closed on
Jan 30, 2020
Sold by
John M And C Lavonna Bliss Revocable Tr
Bought by
Motti Darryl D and Motti Michael D
Seller's Agent
Cathy Schmidt
KW Diamond Partners
Buyer's Agent
Debbie Fleet
Weichert, Realtors Welch & Com
List Price
$188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Outstanding Balance
$164,109
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$110,540

Purchase Details

Closed on
Oct 17, 2011
Sold by
Ingram Jo An
Bought by
Ingram Jo An and Emmett L & Jo An Ingram Revocable Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,700
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2006
Sold by
James Barbara J
Bought by
James Barbara J

Purchase Details

Closed on
Jan 11, 2000
Sold by
James Barbara J
Bought by
Ingram Jo An
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 Type Sale Price Title Company
Warranty Deed -- Security 1St Title
Warranty Deed -- Platinum Title Llc
Interfamily Deed Transfer -- Continental Title Company
Deed -- None Available
Deed -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,250 New Conventional
Previous Owner $121,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2020 04/02/20 Sold -- -- --
03/03/2020 03/03/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $179,900 -0.1% $142 / Sq Ft
01/31/2020 01/31/20 Sold -- -- --
01/24/2020 01/24/20 Pending -- -- --
12/02/2019 12/02/19 Price Changed $179,999 -4.3% $142 / Sq Ft
11/13/2019 11/13/19 For Sale $188,000 +36.7% $148 / Sq Ft
06/18/2012 06/18/12 Sold -- -- --
05/23/2012 05/23/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $137,500 -- $108 / 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 $3,103 $28,130 $3,991 $24,139
2023 $3,004 $26,497 $3,623 $22,874
2022 $2,700 $23,207 $3,289 $19,918
2021 $2,700 $22,184 $2,990 $19,194
2020 $2,660 $21,448 $2,990 $18,458
2019 $2,516 $20,172 $2,588 $17,584
2018 $2,314 $18,447 $2,588 $15,859
2017 $2,521 $19,849 $2,415 $17,434
2016 $2,265 $18,320 $2,415 $15,905
2015 $2,089 $16,928 $2,415 $14,513
2013 -- $15,623 $2,415 $13,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2197678

Heartland MLS

APN: DP71900000-0006A