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118 West Elm Street

118 West Elm Street, Olathe, KS 66061
Property in Central Core
Sold Jun 01, 2017
$151,600
$121,250 by Bnc National Bank
Mortgage Due Jun 01, 2047
Sold May 18, 2007
Transfer
118 West Elm Street has been categorized by the local assessors in Olathe, KS as a residential type of property. The building on the property was first built in 1912 and is 112 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 118 West Elm Street has 1,534 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 896 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 5,096 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 118 West Elm Street sold most recently in May 24, 2017 for a total of $151,600. If you work out the math, that's approximately a cost of $62.39 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,467 in taxes each year. 118 West Elm Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,908. If we break it down further, the land itself was valued at $3,594. Improvements to the property, however, were assessed at a total of $18,314. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 896
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,096
  • Total Building Area: 2,430
  • Gross Building Area: 2,570
  • Building Area: 1,534
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,534
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OLATHE
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: OLATHE E 1/2 S 80 LT 24 & ALL LT 25 BLK 68 OLC 1659

Ownership

  • Current Owner : SHARP ALEXANDER G
  • Previous Owner : KIRK ELIZABETH L
  • Owner Before Previous Owner: WHITAKER MICHELLE K
  • Owner Before Previous Owner 2: WHITAKER BRANDON C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Olathe Unified School District 233
  • School Tax School District: COMM COLLEGE
  • Census Tract: 053555

Zoning

  • Zoning: C-3

Geography

  • Assessors Map Reference: J35
  • Account Number: R27710
  • District: D
  • Parcel: DP52000068-0025
  • Block: 68
  • Lot: 24,25
  • Municipality: OLATHE
  • Latitude: 38.8779
  • Longitude: -94.8202

    Address

  • Full Address: 118 W Elm St
  • Address - House Number: 118
  • Street Direction: W
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: KS
  • City Name: Olathe
  • Carrier Code: C002
  • 4-Digit Zip Code: 4411
  • Zip Code: 66061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,467
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 289,275
  • High Value: 359,197
  • Low Value: 219,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,250
  • First Open Lien Mortgage Lender: BNC NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2017
  • First Open Lien Mortgage Loan Amount: $121,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $190,500
  • Market Land Value: $31,250
  • Market Improvement Value: $159,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,908
  • Assessed Land Value: $3,594
  • Assessed Improvements Value: $18,314

    Sales

  • Current Sale Contract Date: May 24, 2017
  • Current Sale Recording Date: Jun 01, 2017
  • Current Sale Transaction ID: 1813413344
  • Current Sale Price: $151,600
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 18, 2007
  • Previous Sale Contract Date: May 11, 2007
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BNC NATIONAL BANK
  • First Mortgage Transaction Date: Jun 01, 2017
  • First Mortgage Loan Amount: $121,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

About Central Core



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Frequently Asked Questions

What neighborhood is 118 West Elm Street located in?
The 118 West Elm Street is a located in the neighborhood of Central Core in Central Core, Olathe.
What is the average sales price for listings in 118 West Elm Street?
The average sales price for units in 118 West Elm Street is $0 currently.

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