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2725 West 24th Terrace

2725 West 24th Terrace, Lawrence, KS 66047
Property in Lawrence
Sold May 15, 2007
$108,000
$86,400 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2037
Sold Dec 05, 2005
$94,500
$84,000 by Pulaski Bank
Mortgage Due Dec 01, 2035
2725 West 24th Terrace in Lawrence, KS was first built in 1972 and is 52 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 townhouse style. There are a total of 2 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2725 West 24th Terrace has 898 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 276 sqft and has been categorized as a partial basement.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of tile. 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. For those who need parking, there is a attached garage. The garage is 264 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with 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. 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, 2725 West 24th Terrace sold most recently in May 9, 2007 for a total of $108,000. If you work out the math, that's approximately a cost of $120.27 per sqft. Before that, the property was also sold for $94,500 in Dec 1, 2005. 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 $1,621 in taxes each year. 2725 West 24th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,099. Improvements to the property, however, were assessed at a total of $13,099. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 276
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 898
  • Building Area: 898
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 898
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION 0765
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: REPLAT OF LT 1 HILLS WEST NO 1TR E LT 2

Ownership

  • Current Owner : PRESLEY ROY F
  • Current Owner 2: PRESLEY JESSICA J
  • Previous Owner : TIPPETT SANDRA L
  • Owner Before Previous Owner: HAAS JEFF
  • Owner Before Previous Owner 2: HAAS WENDY
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Lawrence Unified School District 497
  • School Tax School District: 497
  • Census Tract: 000802

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: MAP 111
  • Subdivision Tract Number: E
  • Parcel: 111-11-0-10-03-001.42-2
  • Block: 005
  • Lot: 1,2
  • Municipality: CITY OF LAWRENCE
  • Latitude: 38.9392
  • Longitude: -95.2685

    Address

  • Full Address: 2725 W 24th Ter
  • Address - House Number: 2725
  • Street Direction: W
  • Address - Street Name: 24th
  • Address - Suffix Type: Ter
  • State: KS
  • City Name: Lawrence
  • Carrier Code: C001
  • 4-Digit Zip Code: 2822
  • Zip Code: 66047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,621
  • Tax Rate Code Area: 000041

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 73
  • Final Value: 165,965
  • High Value: 198,869
  • Low Value: 133,061

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,400
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 15, 2007
  • First Open Lien Mortgage Loan Amount: $86,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $113,900
  • Market Improvement Value: $113,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,099
  • Assessed Improvements Value: $13,099

    Sales

  • Current Sale Contract Date: May 09, 2007
  • Current Sale Recording Date: May 15, 2007
  • Current Sale Transaction ID: 1151877129
  • Current Sale Price: $108,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 05, 2005
  • Previous Sale Contract Date: Dec 01, 2005
  • Previous Sale Amount: $94,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 15, 2007
  • First Mortgage Loan Amount: $86,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: PULASKI BANK
  • Previous Mortgage Transaction Date: Dec 05, 2005
  • Previous Mortgage Loan Amount: $84,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Lawrence



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Frequently Asked Questions

What neighborhood is 2725 West 24th Terrace located in?
The 2725 West 24th Terrace is a located in the neighborhood of Lawrence in Lawrence, Lawrence.
What is the average sales price for listings in 2725 West 24th Terrace?
The average sales price for units in 2725 West 24th Terrace is $0 currently.

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