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555 East Loula Street

555 East Loula Street, Olathe, KS 66061
Property in Central Core
Sold Sep 09, 2016
$144,600
$144,820 by Pennymac Loan Services Llc
Mortgage Due Feb 01, 2052
Sold Sep 17, 2015
$87,500
$70,000 by Bank Of Blue Valley
Mortgage
555 East Loula 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 1920 and is 104 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 555 East Loula Street has 1,316 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 that is 936 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 9,650 square feet.

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 carport for those who require parking. 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 forced air unit. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 26, 2016 for $144,600. That's $64.21 per sqft. Prior to that sales transaction, the property was also sold in Sep 3, 2015 for $87,500. 555 East Loula Street was last assessed in 2023. The total value of the property was assessed at $25,392. Specifically, the land the property is located on was valued at $4,207. While improvements on the property were assessed at a total of $21,185. 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 $2,875. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 936
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,650
  • Total Building Area: 2,252
  • Gross Building Area: 2,426
  • Building Area: 1,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAYES ADDITION TO OLATHE
  • Land Acres: 0.222
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: HAYES ADDITION TO OLATHE (SOUTH OF LOULA) BG 50 E NW CR E 1/2 LT 7 BLK 2 E 48 S TO S/L LT W 48 N TO POB OLC 2224

Ownership

  • Current Owner : BLANTON RONALD
  • Previous Owner : BUILDERS DEVELOPMENT CORP
  • Owner Before Previous Owner: GUTHRIE DEBORA A
  • Owner Before Previous Owner 2: GUTHRIE PAUL F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Olathe Unified School District 233
  • School Tax School District: COMM COLLEGE
  • Census Tract: 053555

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: J36
  • Account Number: R21080
  • District: D
  • Parcel: DP31200002-0007C
  • Block: 2
  • Lot: 7
  • Municipality: OLATHE
  • Latitude: 38.8804
  • Longitude: -94.809

    Address

  • Full Address: 555 E Loula St
  • Address - House Number: 555
  • Street Direction: E
  • Address - Street Name: Loula
  • Address - Suffix Type: St
  • State: KS
  • City Name: Olathe
  • Carrier Code: C016
  • 4-Digit Zip Code: 5401
  • Zip Code: 66061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,875
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2275
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 288,982
  • High Value: 354,728
  • Low Value: 223,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,820
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $144,820
  • 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, 2052

    Market Valuation

  • Market Total Value: $220,800
  • Market Land Value: $36,580
  • Market Improvement Value: $184,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,392
  • Assessed Land Value: $4,207
  • Assessed Improvements Value: $21,185

    Sales

  • Current Sale Contract Date: Aug 26, 2016
  • Current Sale Recording Date: Sep 09, 2016
  • Current Sale Transaction ID: 1937995768
  • Current Sale Price: $144,600
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 17, 2015
  • Previous Sale Contract Date: Sep 03, 2015
  • Previous Sale Amount: $87,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Sep 09, 2016
  • First Mortgage Loan Amount: $147,719
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF BLUE VALLEY
  • Previous Mortgage Transaction Date: Sep 17, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Central Core



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Frequently Asked Questions

What neighborhood is 555 East Loula Street located in?
The 555 East Loula Street is a located in the neighborhood of Central Core in Central Core, Olathe.
What is the average sales price for listings in 555 East Loula Street?
The average sales price for units in 555 East Loula Street is $0 currently.

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