Large Location Icon

12040 S Walnut St; Olathe, KS Property Details

12040 S Walnut St, Olathe, KS is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 12040 S Walnut St has 4 bedrooms, and 2.5 bathrooms, and a total of 2,481 square feet. The lot size of 12040 S Walnut St is 55,427 square feet.

Off market
12040 S Walnut St Olathe, KS 66061
$505,000 Listing Price
4 Beds
2.5 Baths
2,481 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $500,000
  • Open Loans / Balance: 1 / $357,756
  • Est. Equity / %: $281,244 / 44.01%
  • Gross Yield: 5.902%
  • APN: DP78920000-0029
  • Situs County: Johnson
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Combination
  • Building Condition: Good
  • Building Quality: C+
  • Roof Cover Type: Composition Shingle
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,481/SqFt
  • Lot: 55,427/SqFt
  • Gross: 4,732/SqFt
  • Garage: 667/SqFt
  • Living: 2,481/SqFt
  • Basement: 1,554/SqFt
  • Building: 4,702/SqFt
  • Ground: 1,554/SqFt
  • Price Per Square Foot: $201.53

Legal Description

  • Description: WOODLAND MEADOWS 3RD PLAT LT 29 OLC 146 29
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Olathe Unified School District 233
  • Lat / Lon: 38.910126 / -94.821594
  • Subdivision: Woodland Meadows 3rd
  • Property Class: Residential
  • Zoning: CTY RN-1
  • County Use Code: 1101

Amenities

  • Plus Four: 9370
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 3

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

12040 S Walnut St has no associated ownership info
12040 S Walnut St has no associated ownership info.

Taxes

12040 S Walnut St has 10 associated Taxes items

12040 S Walnut St, Olathe, KS pays taxes in Johnson County, KS. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $71,047. The APN we've located for 12040 S Walnut St is DP78920000-0029.

Unlock the full report
Taxes
  • Assessed Value:  $71,047
  • Assessed Year:  2025
  • Assessed County:  Johnson
  • APN:  DP78920000-0029
  • Assessed Land Value:  11276
  • Market Land Value:  98050
  • Tax Amount:  7995.63
  • Tax Year:  2025
  • Market Value:  617800
  • Market Year:  2025

Tax History

12040 S Walnut St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,047 Land Value $11,276 Improvement Value $59,771 Tax Amount $7,995.63 Change Rate +0.04781% Assessed CR Tax Rate +0.11254%
Year 2024 Assessed Value $67,011 Land Value $11,276 Improvement Value $55,735 Tax Amount $7,630.8 Change Rate +0.039096% Assessed CR Tax Rate +0.113874%
Year 2023 Assessed Value $63,584 Land Value $9,795 Improvement Value $53,789 Tax Amount $7,343.69 Change Rate +0.075787% Assessed CR Tax Rate +0.115496%
Year 2022 Assessed Value $57,500 Land Value $9,795 Improvement Value $47,705 Tax Amount $6,826.34 Change Rate +0.208852% Assessed CR Tax Rate +0.118719%
Year 2021 Assessed Value $45,540 Land Value $8,148 Improvement Value $37,392 Tax Amount $5,646.96 Change Rate -0.041654% Assessed CR Tax Rate +0.124%
Year 2020 Assessed Value $47,070 Land Value $8,148 Improvement Value $38,922 Tax Amount $5,892.4 Change Rate +0.068131% Assessed CR Tax Rate +0.125184%
Year 2019 Assessed Value $43,792 Land Value $8,148 Improvement Value $35,644 Tax Amount $5,516.55 Change Rate +0.017479% Assessed CR Tax Rate +0.125972%
Year 2018 Assessed Value $42,734 Land Value $7,457 Improvement Value $35,277 Tax Amount $5,421.78 Change Rate +0.137765% Assessed CR Tax Rate +0.126873%
Year 2017 Assessed Value $40,423 Land Value $7,457 Improvement Value $32,966 Tax Amount $4,765.29 Change Rate +0.063975% Assessed CR Tax Rate +0.117886%
Year 2016 Assessed Value $35,869 Land Value $7,457 Improvement Value $28,412 Tax Amount $4,478.76 Change Rate +0.029695% Assessed CR Tax Rate +0.124864%
Year 2015 Assessed Value $34,857 Land Value $7,457 Improvement Value $27,400 Tax Amount $4,349.6 Change Rate Assessed CR Tax Rate +0.124784%
Year 2013 Assessed Value $31,913 Land Value $6,820 Improvement Value $25,093 Tax Amount Change Rate Assessed CR Tax Rate