See Home Value
Paola 66071
501 E Wea Street
$242,275*
House - Off Market

501 E Wea Street

Paola, KS 66071
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1808 Sqft
$216,000 - $262,000
Reference Base Price*
1.37%
Since May 1, 2022
National-US
Primary Model
Sold Apr 26, 2022
$277,970
$209,000 by Prosperity Home Mortgage Llc
Mortgage Due May 01, 2052
Sold Sep 13, 2018
$103,100
$101,750 by Mortgage Lenders America Llc
Mortgage Due Oct 01, 2048

About This Property

This is your opportunity to own one of Paola's historical Victorian style homes! 4 bedrooms, 2 baths with a spacious corner treed lot, and an inviting wraparound porch with a porch swing to enjoy your morning coffee or an evening drink. Maintenance free siding and thermal windows. When you walk in the front door, you feel at home with the hardwood floors, original trim, and leaded glass windows. Main floor laundry/mud room, restored claw foot tub/shower, zoned heat/air. Large 2 car detached garage and outside parking with room to park an RV or boat. Home has partial basement. New 12,000 watt Generac generator system still in the box. New Corian countertops will be installed in the kitchen on February 17th.

The manager has listed the unit size as 1808 square feet.
Unit Size
1,808Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$132
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1880

Price History

Date / Event Date Event Price
Apr 26, 2022 No longer available -
No longer available
Apr 26, 2022 Sold to Eugene Rankey $277,970
Sold to Eugene Rankey
Mar 1, 2022 In contract -
In contract
Feb 11, 2022 Listed $239,000
Listed
Sep 15, 2018 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 2001
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PAOLA RE-SURVEY
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PAOLA RE-SURVEY, LT 5 & W27.5' LT 4 BLK 116 SECTION 16 TOWNSHIP 17 RANGE 23

Ownership

  • Current Owner : RANKEY EUGENE
  • Previous Owner : STEVENS JIMMY C
  • Owner Before Previous Owner: FIRST OPTION BANK INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Paola Unified School District 368
  • School Tax School District: 368
  • Census Tract: 100601

Geography

  • Assessors Map Reference: MAP 135
  • Account Number: 3-9040000
  • District: 03
  • Parcel: 135-16-0-40-07-004.00-0
  • Block: 116
  • Lot: 4,5
  • Meridian: SEC 16 TWN 17S RNG 23E
  • Municipality: PAOLA
  • Latitude: 38.5706
  • Longitude: -94.8719

    Address

  • Full Address: 501 E Wea St
  • Address - House Number: 501
  • Street Direction: E
  • Address - Street Name: Wea
  • Address - Suffix Type: St
  • State: KS
  • City Name: Paola
  • Carrier Code: C002
  • 4-Digit Zip Code: 1739
  • Zip Code: 66071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,508
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2641
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 301,011
  • High Value: 380,520
  • Low Value: 221,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 26, 2022
  • First Open Lien Mortgage Loan Amount: $209,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $238,500
  • Market Land Value: $27,850
  • Market Improvement Value: $210,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,428
  • Assessed Land Value: $3,203
  • Assessed Improvements Value: $24,225

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 26, 2022
  • Current Sale Transaction ID: 11886828864
  • Current Sale Price: $277,970
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2109
  • Previous Sale Recording Date: Sep 13, 2018
  • Previous Sale Contract Date: Sep 07, 2018
  • Previous Sale Amount: $103,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 26, 2022
  • First Mortgage Loan Amount: $209,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE LENDERS AMERICA LLC
  • Previous Mortgage Transaction Date: Sep 13, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $101,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,705 ft²
$158/ft²
$270,000 Feb 16, 2023
-
-
House
2 Beds
2 Baths
985 ft²
$203/ft²
$199,999 Feb 17, 2023
-
-
Commercial
Loft
1.5 Baths
-
$230,000 Oct 25, 2022
-
-
Commercial
Loft
-
-
$285,000 Sep 13, 2022
-
-

About Paola


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Frequently Asked Questions

When was property at 501 East Wea Street built and last sold?
The property at 501 East Wea Street was built in 1880 and last sold on Apr 22, 2022 for $277,970.
How much is this home worth?
The estimated value of the home located at 501 East Wea Street is $233,097.
What are some comparable homes to 501 East Wea Street?
There are currently no comparable homes to 501 East Wea Street.

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