1605 E Penrose Ln, Olathe, KS 66062 Property Records

Johnson County property record for 1605 E Penrose Ln, Olathe, KS 66062

Property Summary

Property Type	Apartments (5+ Units)
Details	2 ba · 18,322 sqft · built 1967
Lot Size	4.55 acres (198,590 sqft)
Owner	Company Name on Record
Last Sale	$4,218,800 (Aug 2020)
Tax Bill	$56,560 (2025)
Deeds & Mortgages	Aug 2020 Construction Loan
Flood Zone	Zone X (minimal risk)
APN	`DP30200009-0001`

Property Details

APN / Parcel Number

Primary APN	`DP30200009-0001`
Alternative APNs	`0460893103008002000` `R20969`

Interior

Full Baths	2 Baths
Units	12 Units
Stories	1 Story
Building Area	18,322 sqft Living Area
Gross Area	21,275 sqft
Basement Area	1,813 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1967
Effective Year Built	Effective 1967
Exterior Material	Brick Veneer
Construction Type	Frame
Lot Area	198,590 sqft
View / Lot	Apt/Condo Complex
Garage Type	Carport
Carport	Carport

Exterior Amenities

Pool Area	1,008 sqft
Porch	Covered Slab
Porch Area	1,440 sqft
Patio Area	2,181 sqft
Balcony Area	288 sqft
Total Buildings	3 Buildings

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	R20969
Street Address	1605 E PENROSE LN
City	OLATHE
State	KS
Zip	66062-1816
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R-3
Legal Description	HAVENCROFT APARTMENTS LTS 1 & 2 BLK 9 OLC 638 9 1 1
Legal Subdivision	HAVENCROFT APARTMENTS
Legal Block	9
Legal Lot Number	1,2
Jurisdiction	JOHNSON KS
Township / Civil Division	OLATHE
Census Block Group	2
Census Block	2020
Census Tract	53502

Owner

Source: Johnson County records, as of May 29, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	1605 E PENROSE LN, OLATHE, KS 66062-1816
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 19, 2020 · Amount on Record
Deed Sale	Aug 19, 2020 · Amount on Record
Deed Book / Page	202008 / 8702
Record Updated	Sep 20, 2026

August 2020: Special Warranty Deed, Construction Loan

Document Type	Special Warranty Deed
Jurisdiction	JOHNSON KS
Recording Date	Aug 19, 2020
Property Address	1605 E PENROSE LN, OLATHE, KS 66062-1816
Document Number	202008/8702
Book / Page	202008 / 8702
Instrument Date	Aug 18, 2020
Transaction Type	Construction Loan
Record Updated	Aug 9, 2022
Title Company	SUPERIOR TITLE

Transaction

Tax	$0.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202008008704
Date	Aug 19, 2020
Instrument	202008/008704

Lender

Name	ORIX REAL ESTATE CAPITAL LLC
Type	Non-Lending Institution

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	121 Months
Due	Sep 1, 2030

Tax Assessment & Valuation

Source: Johnson County assessment roll, as of May 29, 2026

Property Jurisdictions

Type	Name
State	Kansas
County	Johnson County
Municipality	Olathe City
Unified School District	Olathe Unified School District 233 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$56,560.00 (-1.64%)	$493,465 (-0.37%) Land $159,865 Building $333,600	$4,291,000 (-0.37%) Land $1,390,130 Building $2,900,870
2024	$57,504.00 (+11.08%)	$495,305 (+11.75%) Land $159,865 Building $335,440	$4,307,000 (+11.75%) Land $1,390,130 Building $2,916,870
2023	$51,766.00 (+1.68%)	$443,210 (+4.56%) Land $137,027 Building $306,183	$3,854,000 (+4.56%) Land $1,191,540 Building $2,662,460
2022	$50,910.00	$423,890 Land $102,771 Building $321,119	$3,686,000 Land $893,660 Building $2,792,340

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 5, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (1983)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Apr 1983 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 97.4% of Kansas
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF OLATHE serves 143,014 people · EPA ID KS2009115
Water Source	Surface water
Last State Inspection	May 2024
Lead	11 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 379 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Google Fiber Fiber	8,000 / 8,000
AT&T Fiber · DSL	5,000 / 5,000
Xfinity Cable	2,000 / 250
Everfast Fiber Fiber	1,000 / 1,000
Verizon Fixed Wireless	1,000 / 75
T-Mobile Fixed Wireless	100 / 20