NOT LISTED FOR SALE

725 S Clairborne Rd Olathe, KS 66062

Olathe Area

Estimated Value: $295,000 - $442,000

5 Beds
4 Baths
2,755 Sq Ft
$141/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2023

Current estimated payment $2,546 / mo

26 Days on Market

Highlights

  • 26,572 Sq Ft lot
  • No HOA
  • Patio
  • Olathe North Sr High School Rated A
  • 4 Car Attached Garage
  • Central Air

About This Home

As of June 2023

BACK ON THE MARKET - Previous Buyers Agent stated the property appraised out. Please note lease end dates listed in remarks. This duplex is 100% leased - Rental Rates are low and could be raised upon renewal. Leases come up on September 2023 and February 2024. Each unit has is own two car garage with a first floor laundry room in the hallway. Private gated entrance patio area in front. Both units have an office or sunroom as an additional bonus. These units are big with lots of greenspace and privacy for each tenant. One side has been upgraded with newer appliances, painted cabinets, sprayed countertops, interior paint and new LVP flooring. Looks great and shows what you can do to the other side.

Last Agent to Sell the Property

Mike Napovanice

Foundation Real Estate Services LLC License #BR00219092 Listed on: 04/27/2023

Last Buyer's Agent

Romanny Santana

Platinum Realty LLC License #SP00240806

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1986

Lot Details

  • 26,572 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 2,755 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • Laundry in unit

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Parking

  • 4 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Havencroft Elementary School
  • Olathe North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number DP30000030-0041
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Havencroft Subdivision

Building Details

  • Gross Income $29,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1986

Lot Details

0.61 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1986
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Michael Napovanice
  • List Office Mls Id: HMSOPG1
  • List Office Name: Orion Property Group, L L C
  • List Office Phone: 913-362-6996
  • List Office Phone Ext: 201
  • Mls Status: Sold
  • Operating Expense: 5020
  • Age Description: 31-40 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Phone Other: 913-362-6996 201
  • Package: No
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Hood, Refrigerator
  • Basement: No
  • Laundry Features: Inside, Utility Room
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame
  • Patio And Porch Features: Patio
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: Public
  • Telecom: Cable - Available,Fiber - Available,High Speed Internet - Available

Association/Amenities

  • Association: No

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Fee Information

  • Deposit: Chicago Title

Schools

  • Middle/Junior School: Indian Trail
  • Junior High Dist: Olathe

Lot Info

  • Zoning: NA
  • Building Area Total: 2755
  • Lot Dimensions: .61
  • Lot Size Sq Ft: 26571.6
  • Parcel Number: DP30000030-0041
  • Subdivision Name: Havencroft
  • ResoLotSizeUnits: Acres
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 29820
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3200
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Havencroft
  • High School: Olathe North

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 25, 2023
Sold by
Bought by
Seller's Agent
Mike Napovanice
Foundation Real Estate Services LLC
Buyer's Agent
Romanny Santana
Platinum Realty LLC
List Price
$400,000
Views
49
Current Estimated Value
$389,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.85%
Original Mortgage
$392,755
Interest Rate
0.0725%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
0.027%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 18, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,375,000
Interest Rate
0.03%
Mortgage Type
Construction
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
-- None Available
-- Superior Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $392,755
Previous Owner $165,000
Previous Owner $3,375,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold -- -- --
05/24/2023 05/24/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $400,000 -- $145 / Sq Ft
Source: Heartland MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,104 $45,897 $6,762 $39,135
2023 $3,133 $27,600 $7,228 $20,372
2022 $3,320 $28,359 $6,568 $21,791
2021 $3,294 $26,714 $5,705 $21,009
2020 $3,133 $25,196 $5,705 $19,491
2019 $3,064 $24,484 $4,758 $19,726
2018 $2,862 $22,724 $4,758 $17,966
2017 $2,669 $20,999 $4,758 $16,241
2016 $2,486 $20,068 $4,758 $15,310
2015 $2,332 $18,860 $4,758 $14,102
2013 -- $18,412 $4,758 $13,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2432345

Heartland MLS

APN: DP30000030-0041

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