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24115 West 124th Terrace

24115 West 124th Terrace, Olathe, KS 66061
House in Olathe
Sold Feb 02, 2024
$490,686
$500,700 by Freedom Mortgage Corporation
Mortgage Due Feb 01, 2054
Sold Nov 12, 2019
$468,800
$478,887 by Paramount Bank
Mortgage Due Dec 01, 2049
Local assessors in Olathe, KS have categorized 24115 West 124th Terrace as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 16,065 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24115 West 124th Terrace has a total of 2,941 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,346 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 724 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 24115 West 124th Terrace sold most recently in Jan 12, 2024 for a total of $490,686. If you work out the math, that's approximately a cost of $97.92 per sqft. Before that, the property was also sold for $468,800 in Oct 30, 2019. 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 $9,405 in taxes each year. 24115 West 124th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $73,658. If we break it down further, the land itself was valued at $14,157. Improvements to the property, however, were assessed at a total of $59,501. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,346
  • Garage Type: Attached
  • Garage Square Area: 724
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,065
  • Total Building Area: 5,011
  • Gross Building Area: 5,230
  • Building Area: 2,941
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,941
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HILLS OF FOREST VIEW 2ND
  • Land Acres: 0.369
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: HILLS OF FOREST VIEW 2ND PLAT LT 73 OLC 132 73

Ownership

  • Current Owner : WALKER MARIA ISABEL
  • Previous Owner : WALKER DAVID J
  • Previous Owner 2: WALKER MARIA ISABEL
  • Owner Before Previous Owner: CARTER MATTHEW N
  • Owner Before Previous Owner 2: CARTER JENNIFER R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Olathe Unified School District 233
  • School Tax School District: 233 UNIFIED
  • Census Tract: 052805

Zoning

  • Zoning: RP-1

Geography

  • Assessors Map Reference: J21
  • Account Number: R209318
  • District: D
  • Parcel: DP32650000-0073
  • Lot: 73
  • Municipality: OLATHE
  • Latitude: 38.9022
  • Longitude: -94.8641

    Address

  • Full Address: 24115 W 124th Ter
  • Address - House Number: 24115
  • Street Direction: W
  • Address - Street Name: 124th
  • Address - Suffix Type: Ter
  • State: KS
  • City Name: Olathe
  • Carrier Code: R038
  • 4-Digit Zip Code: 6109
  • Zip Code: 66061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,405
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 70
  • Final Value: 648,792
  • High Value: 789,126
  • Low Value: 508,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,700
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 02, 2024
  • First Open Lien Mortgage Loan Amount: $500,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Market Valuation

  • Market Total Value: $640,500
  • Market Land Value: $123,100
  • Market Improvement Value: $517,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,658
  • Assessed Land Value: $14,157
  • Assessed Improvements Value: $59,501

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Transaction ID: 11920106066
  • Current Sale Price: $490,686
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 244
  • Previous Sale Recording Date: Nov 12, 2019
  • Previous Sale Contract Date: Oct 30, 2019
  • Previous Sale Amount: $468,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Feb 02, 2024
  • First Mortgage Loan Amount: $500,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT BANK
  • Previous Mortgage Transaction Date: Nov 12, 2019
  • Previous Mortgage Loan Amount: $478,887
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About Olathe



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Frequently Asked Questions

What neighborhood is 24115 West 124th Terrace located in?
The 24115 West 124th Terrace is a house located in the neighborhood of Olathe in Olathe, Olathe.
What is the average sales price for listings in 24115 West 124th Terrace?
The average sales price for units in 24115 West 124th Terrace is $474,900 , or $161/sqft. currently.

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