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14040 West 142nd Terrace

14040 West 142nd Terrace, Olathe, KS 66062
Sold Jul 10, 2020
$440,500
$450,000 by Usaa Fsb
Mortgage Due Aug 01, 2050
Sold Jul 02, 2014
$460,200
$368,125 by Usaa Fsb
Mortgage Due Aug 01, 2044
Local assessors in Olathe, KS have categorized 14040 West 142nd Terrace as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 12,067 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 14040 West 142nd Terrace has a total of 4,831 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,600 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 700 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 14040 West 142nd Terrace sold most recently in Jul 2, 2020 for a total of $440,500. If you work out the math, that's approximately a cost of $76.86 per sqft. Before that, the property was also sold for $460,200 in Jun 25, 2014. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,001 in taxes each year. 14040 West 142nd Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $64,377. If we break it down further, the land itself was valued at $9,076. Improvements to the property, however, were assessed at a total of $55,301. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,600
  • Garage Type: Attached
  • Garage Square Area: 700
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,067
  • Total Building Area: 5,731
  • Gross Building Area: 5,771
  • Building Area: 4,831
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,831
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: QUAILWOOD ESTATES 1ST
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: QUAILWOOD ESTATES 1ST PLAT LT 11 OLC 196 11

Ownership

  • Current Owner : SCHMIDT SCOTT
  • Current Owner 2: SCHMIDT KIMBERLY
  • Previous Owner : WILKERSON MICHAEL L
  • Previous Owner 2: AYLOR WILKERSON NANCI
  • Owner Before Previous Owner: MADDEN KEITH M
  • Owner Before Previous Owner 2: MADDEN MELISSA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Blue Valley Unified School District 229
  • School Tax School District: COMM COLLEGE
  • Census Tract: 053403

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: K33
  • Account Number: R30653
  • District: D
  • Parcel: DP60260000-0011
  • Lot: 11
  • Municipality: OLATHE
  • Latitude: 38.8701
  • Longitude: -94.7478

    Address

  • Full Address: 14040 W 142nd Ter
  • Address - House Number: 14040
  • Street Direction: W
  • Address - Street Name: 142nd
  • Address - Suffix Type: Ter
  • State: KS
  • City Name: Olathe
  • Carrier Code: R003
  • 4-Digit Zip Code: 5854
  • Zip Code: 66062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,001
  • Tax Rate Code Area: 705UW

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 574,639
  • High Value: 687,879
  • Low Value: 461,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Jul 10, 2020
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $559,800
  • Market Land Value: $78,920
  • Market Improvement Value: $480,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,377
  • Assessed Land Value: $9,076
  • Assessed Improvements Value: $55,301

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Transaction ID: 11772760194
  • Current Sale Price: $440,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 02, 2014
  • Previous Sale Contract Date: Jun 25, 2014
  • Previous Sale Amount: $460,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Jul 10, 2020
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Jul 02, 2014
  • Previous Mortgage Loan Amount: $368,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2044

About Quailwood Estates



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 14040 West 142nd Terrace located in?
The 14040 West 142nd Terrace is a located in the neighborhood of Quailwood Estates in Quailwood Estates, Olathe.
What is the average sales price for listings in 14040 West 142nd Terrace?
The average sales price for units in 14040 West 142nd Terrace is $0 currently.

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