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1314 East 123rd Terrace

1314 East 123rd Terrace, Olathe, KS 66061
Sold May 11, 2005
$175,000
Buyer
Seller
$140,000 by First Magnus Financial Corp
Mortgage Due May 01, 2035
Sold May 11, 2005
$175,000
$140,000 by First Magnus Financial Corp
Mortgage Due May 01, 2035
1314 East 123rd Terrace in Olathe, KS was first built in 1979 and is 45 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 17 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 7 partial bathrooms. 1314 East 123rd Terrace has 4,458 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,287 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 15,242 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1314 East 123rd Terrace was last sold in May 4, 2005 for $175,000. According to our calculations, that's $30.46 per sqft. Prior to that sales transaction, the property was sold for $175,000 in May 4, 2005. Current property owners are expected to pay $8,938 in taxes per year. The property on 1314 East 123rd Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $77,211. To break that down further, the land itself was valued at $13,708. While improvements to the property were assessed at a total of $63,503. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 4
  • Total Rooms: 17
  • Bedroom Count: 9
  • Bathroom Count: 7
  • Full Bathrooms: 5
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 29
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Condo
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 4
  • Basement Type: Partial basement
  • Basement Area: 1,287
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,242
  • Total Building Area: 5,745
  • Gross Building Area: 6,319
  • Building Area: 4,458
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,458
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RIDGEVIEW IV
  • Land Acres: 0.35
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • County Land Use Code: Apartment house (5+ units)
  • Legal Description 1: RIDGEVIEW IV LT 17 BLK 3 OLC 582 3 3 16 17

Ownership

  • Current Owner : ZHOU NING
  • Previous Owner : CHANG MAN YI
  • Owner Before Previous Owner: ZHOU NING

Neighborhood

  • School District Name: Olathe Unified School District 233
  • School Tax School District: 233 SCH GEN
  • Census Tract: 052905

Zoning

  • Zoning: RP-3

Geography

  • Assessors Map Reference: K19
  • Account Number: R31456
  • District: D
  • Parcel: DP62800003-0017
  • Block: 3
  • Lot: 17
  • Municipality: OLATHE
  • Latitude: 38.9033
  • Longitude: -94.7944

    Address

  • Full Address: 1314 E 123rd Ter
  • Address - House Number: 1314
  • Street Direction: E
  • Address - Street Name: 123rd
  • Address - Suffix Type: Ter
  • State: KS
  • City Name: Olathe
  • Carrier Code: R012
  • 4-Digit Zip Code: 3059
  • Zip Code: 66061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,938
  • Tax Rate Code Area: 611UW

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 603,906
  • High Value: 730,258
  • Low Value: 477,554

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: May 11, 2005
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: May 01, 2035

    Market Valuation

  • Market Total Value: $671,400
  • Market Land Value: $119,200
  • Market Improvement Value: $552,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,211
  • Assessed Land Value: $13,708
  • Assessed Improvements Value: $63,503

    Sales

  • Current Sale Contract Date: May 04, 2005
  • Current Sale Recording Date: May 11, 2005
  • Current Sale Transaction ID: 1080486240
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 11, 2005
  • Previous Sale Contract Date: May 04, 2005
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: May 11, 2005
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • Previous Mortgage Transaction Date: May 11, 2005
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2035

About North Ridge



Similar Buildings

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Nearby Rentals

Unit for rent at 21791 W 123rd Ter, Olathe, KS, 66061

$2,095 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,432 ft²
21791 W 123rd Ter #21791 W 123rd Ter, Olathe, KS, 66061 Listing by Manager

Frequently Asked Questions

What neighborhood is 1314 East 123rd Terrace located in?
The 1314 East 123rd Terrace is a located in the neighborhood of Ridgeview Townhomes in North Ridge, Olathe.
What is the average sales price for listings in 1314 East 123rd Terrace?
The average sales price for units in 1314 East 123rd Terrace is $0 currently.

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