NOT LISTED FOR SALE

Olathe, KS 66061

Estimated Value: $406,000 - $517,000

8 Beds
4 Baths
3,168 Sq Ft
$145/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2021

Current estimated payment $2,731 / mo

3 Days on Market

About This Home

As of December 2021

This 4-Plex property consists of 2 Bedroom/ 1 Bathroom units. Well maintained building. 100% occupied.

Last Agent to Sell the Property

Karin Humbolt

United Real Estate Kansas City License #00052751 Listed on: 10/11/2021

United Real Estate Kansas City

Last Buyer's Agent

Marta Grace

United Real Estate Kansas City License #2005012696

United Real Estate Kansas City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 1985

Lot Details

  • 2,525 Sq Ft Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Stone Veneer

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number DP21600000-0T0A

Community Details

Overview

  • 4 Units
  • Edgebrook Subdivision

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,027

Year Built

Built in 1985

Lot Details

2,525 Sq Ft Lot

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 31-40 Years
  • Package: No
  • Year Built: 1985
  • Exclude From Reports: No
  • Internet Address Display: No
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: No
  • List Agent Full Name: Karin Humbolt
  • List Office Mls Id: GRAC1
  • List Office Name: United Real Estate Johnson Cou
  • List Office Phone: 913-276-0086
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 9883
  • Special Documents Required: No
  • Tax Total Amount: 3027
  • Unit Type: 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Rng/Oven- Electric, Washer
  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Slab Construction, Stone Veneer

Garage/Parking

  • Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee: 800
  • Association Fee Frequency: Annually

Association/Amenities

  • Association: Yes

Lot Info

  • In Floodplain: Unknown
  • Zoning: R3
  • Building Area Total: 3168.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 2525.00
  • Parcel Number: DP21600000-0T0A
  • Subdivision Name: Edgebrook

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 31200
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Maintenance, Property Insurance, Property Mgmt, Real Estate Tax

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 3027.00

MLS Schools

  • School District: Olathe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 24, 2021
Sold by
Jhl Properties Llc
Bought by
Kuroda Garrett and Leung Nancy
Seller's Agent
Karin Humbolt
United Real Estate Kansas City
Buyer's Agent
Marta Grace
United Real Estate Kansas City
List Price
$387,500
Current Estimated Value
$457,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$262,500
Outstanding Balance
$239,042
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$218,917

Purchase Details

Closed on
Dec 2, 2009
Sold by
Mikuls Chris and Mikuls Jacqueline L
Bought by
Jhl Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,125
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2009
Sold by
Wetzel Investments Co Llc
Bought by
Mikuls Chris and Mikuls Jacqueline L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,125
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2004
Sold by
Wetzel Eugene G and Wetzel Marion H
Bought by
Wetzel Investment Co Llc

Purchase Details

Closed on
Apr 9, 2004
Sold by
Wetzel Eugene G and Wetzel Marion H
Bought by
Wetzel Investment Co Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kuroda Garrett -- Stewart Title
Jhl Properties Llc -- Chicago Title Insurance Co
Mikuls Chris -- Chicago Title Insurance Co
Wetzel Investment Co Llc -- --
Wetzel Investment Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuroda Garrett $262,500
Closed Kuroda Garrett $262,500
Previous Owner Mikuls Chris $133,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold -- -- --
10/14/2021 10/14/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $387,500 -- $122 / Sq Ft
Source: Heartland MLS

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
2025 $3,035 $45,196 $8,453 $36,743
2023 $2,973 $26,231 $4,755 $21,476
2022 $2,995 $25,657 $4,139 $21,518
2021 $3,182 $25,818 $4,139 $21,679
2020 $3,027 $24,357 $3,765 $20,592
2019 $3,041 $24,299 $3,765 $20,534
2018 $2,800 $22,241 $3,765 $18,476
2017 $2,528 $19,906 $3,138 $16,768
2016 $2,262 $18,297 $2,857 $15,440
2015 $2,183 $17,676 $2,857 $14,819
2013 -- $16,399 $2,857 $13,542
Source: Public Records

Agents Affiliated with this Home

  • Karin Humbolt

    Seller's Agent in 2021

    Karin Humbolt

    United Real Estate Kansas City

    (913) 492-7401

    5 in this area

    7 Total Sales

    Karin Humbolt
    Section Image
  • Marta Grace

    Buyer's Agent in 2021

    Marta Grace

    United Real Estate Kansas City

    (816) 629-4494

    7 in this area

    42 Total Sales

    Marta Grace
    Section Image
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Source: Heartland MLS

MLS Number: 2350052

Heartland MLS

APN: DP21600000-0T0A

Kansas Johnson County Olathe

66061

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Heartland MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listings courtesy of Heartland MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393

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