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508 E Grace Ter; Olathe, KS Property Details

508 E Grace Ter, Olathe, KS is a Single Family that was built in 1970. This property is currently a cash purchase and is not for sale. Our records show that 508 E Grace Ter has 3 bedrooms, and 2 bathrooms, and a total of 1,644 square feet. The lot size of 508 E Grace Ter is 14,497 square feet.

Off market
508 E Grace Ter Olathe, KS 66061
$32,407 Estimated Value
3 Beds
2 Baths
1,644 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1970
  • Open Loans / Balance: 1 / $71,295
  • Est. Equity / %: $218,705 / 75.42%
  • Gross Yield: 8.396%
  • APN: DP66200000-0007
  • Situs County: Johnson
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,644/SqFt
  • Lot: 14,497/SqFt
  • Gross: 2,898/SqFt
  • Garage: 540/SqFt
  • Living: 1,644/SqFt
  • Basement: 678/SqFt
  • Building: 2,862/SqFt
  • Ground: 1,644/SqFt
  • Garage Finished: 540/SqFt

Legal Description

  • Description: ROSE SECOND ADDITION LT 7 EX W 12 & EX PT LYG E OF DESC/L BG 33 W NE CR SE TO PT 61 S OF N/L & 10 W OF E/L SW TO PT10 W OF SE CR OLC 354B 7
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Olathe Unified School District 233
  • Lat / Lon: 38.876038 / -94.813805
  • Subdivision: Rose Second Addition
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: 1101

Amenities

  • Plus Four: 4715
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

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

Taxes

508 E Grace Ter has 10 associated Taxes items

508 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 $32,407. The APN we've located for 508 E Grace Ter is DP66200000-0007.

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Taxes
  • Assessed Value:  $32,407
  • Assessed Year:  2025
  • Assessed County:  Johnson
  • APN:  DP66200000-0007
  • Assessed Land Value:  4859
  • Market Land Value:  42250
  • Tax Amount:  3553.27
  • Tax Year:  2025
  • Market Value:  281800
  • Market Year:  2025

Tax History

508 E Grace Ter has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,407 Land Value $4,859 Improvement Value $27,548 Tax Amount $3,553.27 Change Rate +0.101793% Assessed CR Tax Rate +0.109645%
Year 2024 Assessed Value $29,176 Land Value $4,859 Improvement Value $24,317 Tax Amount $3,224.99 Change Rate +0.055678% Assessed CR Tax Rate +0.110536%
Year 2023 Assessed Value $26,933 Land Value $4,859 Improvement Value $22,074 Tax Amount $3,054.9 Change Rate +0.076696% Assessed CR Tax Rate +0.113426%
Year 2022 Assessed Value $24,346 Land Value $4,416 Improvement Value $19,930 Tax Amount $2,837.29 Change Rate +0.00236% Assessed CR Tax Rate +0.11654%
Year 2021 Assessed Value $23,011 Land Value $4,011 Improvement Value $19,000 Tax Amount $2,830.61 Change Rate +0.063623% Assessed CR Tax Rate +0.123011%
Year 2020 Assessed Value $21,459 Land Value $3,644 Improvement Value $17,815 Tax Amount $2,661.29 Change Rate +0.033113% Assessed CR Tax Rate +0.124017%
Year 2019 Assessed Value $20,642 Land Value $3,169 Improvement Value $17,473 Tax Amount $2,575.99 Change Rate +0.258102% Assessed CR Tax Rate +0.124794%
Year 2018 Assessed Value $18,998 Land Value $2,880 Improvement Value $16,118 Tax Amount $2,047.52 Change Rate +0.07478% Assessed CR Tax Rate +0.107776%
Year 2017 Assessed Value $16,595 Land Value $2,880 Improvement Value $13,715 Tax Amount $1,905.06 Change Rate +0.02328% Assessed CR Tax Rate +0.114797%
Year 2016 Assessed Value $15,123 Land Value $2,880 Improvement Value $12,243 Tax Amount $1,861.72 Change Rate +0.08856% Assessed CR Tax Rate +0.123105%
Year 2015 Assessed Value $13,927 Land Value $2,880 Improvement Value $11,047 Tax Amount $1,710.26 Change Rate +0.076177% Assessed CR Tax Rate +0.122802%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,589.2 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $11,822 Land Value $2,617 Improvement Value $9,205 Tax Amount Change Rate Assessed CR Tax Rate