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505 E Grace Ter; Olathe, KS Property Details

505 E Grace Ter, Olathe, KS is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 505 E Grace Ter has 3 bedrooms, and 1 bathroom, and a total of 1,536 square feet. The lot size of 505 E Grace Ter is 15,264 square feet.

Off market
505 E Grace Ter Olathe, KS 66061
$31,107 Estimated Value
3 Beds
1 Baths
1,536 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $212,100
  • Open Loans / Balance: 1 / $63,758
  • Est. Equity / %: $235,242 / 78.68%
  • Gross Yield: 7.85%
  • APN: DP66200000-0023
  • Situs County: Johnson
  • Length Of Ownership: 20 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Combination
  • Building Condition: Good
  • Building Quality: D
  • Pool Type: Yes
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 1,536/SqFt
  • Lot: 15,264/SqFt
  • Gross: 2,419/SqFt
  • Garage: 528/SqFt
  • Living: 1,536/SqFt
  • Basement: 567/SqFt
  • Building: 2,131/SqFt
  • Ground: 1,036/SqFt
  • Basement Finished: 500/SqFt
  • Basement Unfinished: 67/SqFt
  • Price Per Square Foot: $138.09

Legal Description

  • Description: ROSE SECOND ADDITION LT 23 OLC 354B 23
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: 38.875534 / -94.814
  • Subdivision: Rose Second Addition
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: 1101

Amenities

  • Pool: true
  • Plus Four: 4715
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

505 E Grace Ter has no associated ownership info
505 E Grace Ter has no associated ownership info.

Taxes

505 E Grace Ter has 10 associated Taxes items

505 E Grace Ter, 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 $31,107. The APN we've located for 505 E Grace Ter is DP66200000-0023.

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Taxes
  • Assessed Value:  $31,107
  • Assessed Year:  2025
  • Assessed County:  Johnson
  • APN:  DP66200000-0023
  • Assessed Land Value:  4961
  • Market Land Value:  43140
  • Tax Amount:  3403.81
  • Tax Year:  2025
  • Market Value:  270500
  • Market Year:  2025

Tax History

505 E Grace Ter has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,107 Land Value $4,961 Improvement Value $26,146 Tax Amount $3,403.81 Change Rate +0.07739% Assessed CR Tax Rate +0.109423%
Year 2024 Assessed Value $28,612 Land Value $4,961 Improvement Value $23,651 Tax Amount $3,159.31 Change Rate +0.085838% Assessed CR Tax Rate +0.110419%
Year 2023 Assessed Value $25,691 Land Value $4,961 Improvement Value $20,730 Tax Amount $2,909.56 Change Rate +0.070411% Assessed CR Tax Rate +0.113252%
Year 2022 Assessed Value $23,356 Land Value $4,509 Improvement Value $18,847 Tax Amount $2,718.17 Change Rate -0.041203% Assessed CR Tax Rate +0.11638%
Year 2021 Assessed Value $23,046 Land Value $4,096 Improvement Value $18,950 Tax Amount $2,834.98 Change Rate +0.029917% Assessed CR Tax Rate +0.123014%
Year 2020 Assessed Value $22,183 Land Value $3,721 Improvement Value $18,462 Tax Amount $2,752.63 Change Rate -0.022878% Assessed CR Tax Rate +0.124087%
Year 2019 Assessed Value $22,540 Land Value $3,236 Improvement Value $19,304 Tax Amount $2,817.08 Change Rate +0.048614% Assessed CR Tax Rate +0.124981%
Year 2018 Assessed Value $21,356 Land Value $2,941 Improvement Value $18,415 Tax Amount $2,686.48 Change Rate +0.16583% Assessed CR Tax Rate +0.125795%
Year 2017 Assessed Value $20,091 Land Value $2,941 Improvement Value $17,150 Tax Amount $2,304.35 Change Rate +0.014145% Assessed CR Tax Rate +0.114696%
Year 2016 Assessed Value $18,377 Land Value $2,941 Improvement Value $15,436 Tax Amount $2,272.21 Change Rate +0.104741% Assessed CR Tax Rate +0.123644%
Year 2015 Assessed Value $16,675 Land Value $2,941 Improvement Value $13,734 Tax Amount $2,056.78 Change Rate Assessed CR Tax Rate +0.123345%
Year 2013 Assessed Value $19,700 Land Value $2,674 Improvement Value $17,026 Tax Amount Change Rate Assessed CR Tax Rate