$275,000
SOLD APR 4, 2025
Last list price

783 N Somerset Terrace Olathe, KS 66062

2 Beds
2 Baths
1,212 Sq Ft
7,469 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

3 Days on Market

Highlights

  • Senior Community
  • Sun or Florida Room
  • 2 Car Attached Garage
  • Ranch Style House
  • Thermal Windows
  • Double Vanity

About This Home

As of April 2025

Rare opportunity to own this Ranch Home with 4 Seasons Sunroom! Maintenance provided living at such an affordable price in this 50+ Community! Absolutely stair free ranch on a secluded quiet street backing up to Greenspace! Mowing, Snow Removal, exterior of home, roof, paint, and street maintenance included in the monthly dues. Open floor plan and an unusually large Master BR. All appliances stay including Washer, Dryer & Fridge! Oversized 2 car Garage w/pull-down stairs for additional storage. Don't miss this opportunity since these units rarely come available. Selling AS IS and won't last long!

Last Agent to Sell the Property

Emil Schellack

Veterans Realty Brokerage Phone: 913-208-1774 License #BR00222338 Listed on: 02/19/2025

Last Buyer's Agent

Jo Paccapaniccia

Keller Williams Realty Partners Inc. License #00242431

Keller Williams Realty Partners Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1998

Lot Details

  • 7,469 Sq Ft Lot
  • Level Lot
  • Many Trees

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Villa
  • Property Attached
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,212 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Washer

Kitchen

  • Built-In Electric Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Storm Doors

Schools

  • Indian Creek Elementary School
  • Olathe East High School

Additional Features

  • Customized Wheelchair Accessible
  • City Lot
  • Central Air

Community Details

  • Senior Community
  • Association fees include building maint, lawn service, roof replacement, snow removal, street, trash
  • Sterling Replat Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number DP71900000-0008
  • $0 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,267

Year Built

Built in 1998

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 1212
  • Architectural Style: Traditional
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Emil Schellack
  • List Office Mls Id: HMSVETR
  • List Office Name: Veterans Realty
  • List Office Phone: 913-208-1774
  • Living Area: 1212
  • Mls Status: Sold
  • Ownership: Private
  • Age Description: 21-30 Years
  • Floor Plan Features: Ranch
  • Tax Special Amount: 0
  • Tax Total Amount: 3267
  • Value Range Pricing YN: 0
  • Dining Area Features: Liv/Dining Combo
  • Maintenance Provided YN: 1
  • Other Room Features: Main Floor BR,Main Floor Master,Sun Room
  • Major Repair Costs: 0.00
  • Maintenance Description: Building Exterior,Lawn,Roof Repair,Roof Replace,Snow Removal,Street
  • Warranty Description: Buyer's Purchase
  • Attribution Contact: 913-208-1774
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry
  • Basement: Slab
  • Accessibility Features: Customized Wheelchair Accessible
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Built-In Electric Oven, Washer
  • Basement: No
  • Fireplace: No
  • Flooring: Carpet
  • Laundry Features: Off The Kitchen
  • Window Features: Window Coverings, Thermal Windows
  • Door Features: Storm Door(s)

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board & Batten Siding, Brick Trim
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached, Garage Faces Front

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Cooling: Yes
  • Security Features: Security System
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Building Maint, Lawn Service, Roof Replace, Snow Removal, Street, Trash
  • Senior Community: Yes

Association/Amenities

  • Association: Yes

Fee Information

  • Deposit: Continental Title

Schools

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

Lot Info

  • Lot Features: City Lot, Level, Sprinklers In Front, Treed
  • Lot Size Area: 7469
  • Lot Size Sq Ft: 7469
  • Parcel Number: DP71900000-0008
  • Property Attached: Yes
  • Subdivision Name: Sterling- Replat of
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: Unknown

Tax Info

  • Tax Annual Amount: 3267

MLS Schools

  • Elementary School: Indian Creek
  • High School: Olathe East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Apr 3, 2025
Sold by
Vaverka Dennis W
Bought by
Crane Bruce E and Mason James
Seller's Agent
Emil Schellack
Veterans Realty
Buyer's Agent
Jo Paccapaniccia
Keller Williams Realty Partners Inc.
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
65
Current Estimated Value
$273,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,082
Avg. Annual Appreciation
13.82%
Original Mortgage
$140,000
Outstanding Balance
$139,877
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$133,839

Purchase Details

Closed on
Jan 29, 2025
Sold by
Monke Rhonda R
Bought by
Monke Rhonda R and Vaverka Dennis W

Purchase Details

Closed on
Apr 23, 2003
Sold by
Lundberg Janice M
Bought by
Clerc Harold D and Clerc Nettie Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 -- Continental Title Company
Warranty Deed -- Continental Title Company
Deed -- Continental Title
Warranty Deed -- Columbian Title Of Johnson C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Closed $140,000 New Conventional
Previous Owner $125,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold -- -- --
03/08/2025 03/08/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $275,000 -- $227 / 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 $3,267 $29,533 $3,991 $25,542
2023 $3,171 $27,923 $3,623 $24,300
2022 $2,904 $24,898 $3,289 $21,609
2021 $2,869 $23,322 $2,990 $20,332
2020 $2,821 $22,724 $2,990 $19,734
2019 $2,546 $20,402 $2,588 $17,814
2018 $2,445 $19,470 $2,588 $16,882
2017 $2,641 $20,781 $2,415 $18,366
2016 $2,311 $18,688 $2,415 $16,273
2015 $2,135 $17,296 $2,415 $14,881
2013 -- $15,893 $2,415 $13,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2531748

Heartland MLS

APN: DP71900000-0008