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551 West Layton Street

551 West Layton Street, Olathe, KS 66061
Property in Eagle Ridge
Sold Apr 12, 2021
$307,200
$245,785 by First State Bank Of St Charles
Mortgage Due May 01, 2051
Sold Oct 30, 2012
$178,100
$142,500 by Pulaski Bank
Mortgage Due Nov 01, 2042
551 West Layton 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 1999 and is 25 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 551 West Layton Street has 1,801 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 with daylight that is 1,192 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 16,961 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 attached garage for those who require parking. The garage measured 400 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 good. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Apr 7, 2021 for $307,200. That's $109.99 per sqft. Prior to that sales transaction, the property was also sold in Oct 11, 2012 for $178,100. 551 West Layton Street was last assessed in 2023. The total value of the property was assessed at $40,687. Specifically, the land the property is located on was valued at $7,603. While improvements on the property were assessed at a total of $33,084. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,664. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,192
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,961
  • Total Building Area: 2,793
  • Gross Building Area: 2,813
  • Building Area: 1,801
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,801
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EAGLE RIDGE
  • Land Acres: 0.389
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: EAGLE RIDGE LT 15 OLC 207 1 15

Ownership

  • Current Owner : DAVIS LORRIANE
  • Current Owner 2: DAVIS RYAN
  • Previous Owner : HOLMES SARAH E
  • Previous Owner 2: HOLMES AARON G
  • Owner Before Previous Owner: MILLER MATTHEW A
  • Owner Before Previous Owner 2: ROGERS JANUARY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Olathe Unified School District 233
  • School Tax School District: 233 UNIFIED
  • Census Tract: 052803

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: J26
  • Account Number: R17025
  • District: D
  • Parcel: DP20040000-0015
  • Lot: 15
  • Municipality: OLATHE
  • Latitude: 38.8956
  • Longitude: -94.8225

    Address

  • Full Address: 551 W Layton St
  • Address - House Number: 551
  • Street Direction: W
  • Address - Street Name: Layton
  • Address - Suffix Type: St
  • State: KS
  • City Name: Olathe
  • Carrier Code: R034
  • 4-Digit Zip Code: 6396
  • Zip Code: 66061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,664
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 385,660
  • High Value: 470,724
  • Low Value: 300,595

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,785
  • First Open Lien Mortgage Lender: FIRST STATE BANK OF ST CHARLES
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Loan Amount: $245,785
  • 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, 2051

    Market Valuation

  • Market Total Value: $353,800
  • Market Land Value: $66,110
  • Market Improvement Value: $287,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,687
  • Assessed Land Value: $7,603
  • Assessed Improvements Value: $33,084

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Transaction ID: 11830021982
  • Current Sale Price: $307,200
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 30, 2012
  • Previous Sale Contract Date: Oct 11, 2012
  • Previous Sale Amount: $178,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK OF ST CHARLES
  • First Mortgage Transaction Date: Apr 12, 2021
  • First Mortgage Loan Amount: $245,785
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PULASKI BANK
  • Previous Mortgage Transaction Date: Oct 30, 2012
  • Previous Mortgage Loan Amount: $142,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2042

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Frequently Asked Questions

What neighborhood is 551 West Layton Street located in?
The 551 West Layton Street is a located in the neighborhood of Eagle Ridge in Fairview, Olathe.
What is the average sales price for listings in 551 West Layton Street?
The average sales price for units in 551 West Layton Street is $0 currently.

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