NOT LISTED FOR SALE

730 W Park St Olathe, KS 66061

Estimated Value: $239,414 - $336,000

4 Beds
4 Baths
-- Sq Ft
0.31 Acres

Last Sold May 02, 2019

Current estimated payment $1,731/month

10 Days on Market

About This Home

As of May 2019

Back on the market at no fault of the seller, buyer got cold feet! Fantastic investment opportunity in the heart of Olathe! Converted Residence 4-plex, 100% occupied. 2 new furnaces and sewer line replaced in 2018. Electric panel upgrade in 2016, newer paint and flooring. Building shares furnace, hot water heater, and laundry. Multi-Family Rider, Sellers Disclosure, and 4 years profit and loss statements provided in supplements. Property is being sold As-Is Seller will make no repairs.

Last Agent to Sell the Property

Sara Van Allen

Keller Williams Realty Partners Inc. License #SP00234281 Listed on: 03/21/2019

Keller Williams Realty Partners Inc.

Last Buyer's Agent

Jake Riordan

Platinum Realty LLC License #BR00231393

Platinum Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1885

Lot Details

  • 0.31

Home Design

  • Converted Dwelling
  • Frame Construction
  • Composition Roof

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Westview Elementary School
  • Olathe West High School

Utilities

  • Window Unit Cooling System
  • Central Heating

Additional Features

  • 2-Story Property
  • 0.31 Acre Lot
  • Basement

Community Details

  • Stevensons Pl Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number DP72200000-0001A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,979

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Converted Residence
  • Age Description: 101 Years/More
  • Legal Description: STEVENSON PLACE W 84.5' E 284.5' S 166' LT 1 OLC 3368
  • Package: No
  • Year Built: 1885
  • 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: Sara Van Allen
  • List Office Mls Id: KW07
  • List Office Name: Keller Williams Legacy Partner
  • List Office Phone: 913-825-2100
  • Maintenance Description: Building Exterior, HVAC, Lawn
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 20245
  • Special Documents Required: No
  • Tax Total Amount: 1979
  • Unit Type: 1 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: Central Laundry
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved

Utilities

  • Cooling: 2 or More, Window Unit(s)
  • Heating: Central Gas
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Multi-Unit Heat/Air
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • Middle/Junior School: Oregon Trail

Lot Info

  • In Floodplain: No
  • Zoning: R-1
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 13336.00
  • Parcel Number: DP72200000-0001A
  • Subdivision Name: Stevensons Pl

Rental Info

  • Existing Lease Terms: Negotiable

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 29574
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: All Utilities, Property Insurance, Property Mgmt, Real Estate Tax, Sewer, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1979.00

MLS Schools

  • Elementary School: Westview
  • School District: Olathe
  • High School: Olathe West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
Apr 24, 2019
Sold by
Tom S Rentals Llc
Bought by
Mao Alexander
Seller's Agent
Sara Van Allen
Keller Williams Realty Partners Inc.
Buyer's Agent
Jake Riordan
Platinum Realty LLC
List Price
$150,000
Current Estimated Value
$287,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$110,625
Outstanding Balance
$96,659
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$191,048
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
Mao Alexander -- Secured Ttl Of Ks City Shawn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mao Alexander $110,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2019 05/02/19 Sold -- -- --
03/31/2019 03/31/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $150,000 0.0% --
03/24/2019 03/24/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $150,000 -- --
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 $2,667 $24,380 $4,702 $19,678
2023 $2,620 $23,218 $4,702 $18,516
2022 $2,450 $21,126 $4,275 $16,851
2021 $2,202 $17,986 $3,882 $14,104
2020 $2,094 $16,962 $3,528 $13,434
2019 $2,109 $16,962 $3,068 $13,894
2018 $1,979 $15,824 $2,788 $13,036
2017 $1,679 $13,340 $2,788 $10,552
2016 $1,400 $11,466 $2,788 $8,678
2015 $1,271 $10,442 $2,788 $7,654
2013 -- $9,786 $2,584 $7,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2153672

Heartland MLS

APN: DP72200000-0001A