505 E Grace Ter, Olathe, KS 66061 Property Records

Johnson County property record for 505 E Grace Ter, Olathe, KS 66061 · Last verified June 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	1 Baths
Year Built	Built 2003
Square Footage	1,536 sqft Living Area
Lot Size	15,264 sqft (0.35 acres)
Occupancy	Owner Occupied
Last Sale	$212,100 (2006)
Tax Bill	$3,403.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`DP66200000-0023`
Alternative APNs	`0460973603002016000` `R32563`

Interior

Bedrooms	3 Beds
Full Baths	1 Baths
Total Rooms	6 Rooms
Building Area	1,536 sqft Living Area
Gross Area	2,419 sqft Gross Area
1st Floor	1,036 sqft 1st Floor
Basement Area	567 sqft Basement
Finished Basement	500 sqft Finished
Unfinished Basement	67 sqft Unfinished
Family Room	Family Room
Stories	1 Stories
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1962
Effective Year Built	Effective 2003
Architectural Style	Split Level Style
Exterior Material	Combination Exterior
Construction Type	Frame Construction
Roof Material	Composition Shingle Roof
Lot Area	15,264 sqft (0.35 acres)
Parking Spaces	2 Parking Spaces
Garage Type	Attached Garage
Garage Area	528 sqft Garage

Exterior Amenities

Pool Area	512 sqft Pool
Deck Area	384 sqft Deck
Patio Area	384 sqft Patio
Porch Area	697 sqft Porch

Utilities and HVAC

Cooling System	Central Cooling
Heating System	HVAC Heating
Sewage	Municipal Sewage
Water Source	Commercial Water Source

Location & Zoning

Account Number	R32563
Street Address	505 E GRACE TER
City	OLATHE
State	KS
Zip	66061-4715
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	ROSE SECOND ADDITION LT 23 OLC 354B 23
Legal Subdivision	ROSE SECOND ADDITION
Legal Lot Number	23
Jurisdiction	JOHNSON KS
Minor Civil Division	OLATHE
Census Blockgroup	2
Census Block	2002
Census Tract	53557

Owner

Source: Johnson County records · APN DP66200000-0023

Assessment roll updated May 29, 2026 · Last verified June 2026

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

Owner of Record	Individual Name on File
Mailing Address	505 E GRACE TER, OLATHE, KS 66061-4715
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Feb 03, 2006 · Amount on Record
Deed Sale	Feb 03, 2006 · Amount on Record
Prior Sale	Jul 18, 2003 · Amount on Record
Deed Book / Page	200602 / 1218
Prior Transfer Date	Jan 24, 2002
Prior Transfer Doc	0003362219
Record Refreshed	Sep 20, 2026

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON KS
Property Address	505 E GRACE TER, OLATHE, KS 66061-4715
Transaction Type	Mortgage
Record Updated	Sep 11, 2019

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201908/010161
Date	Aug 29, 2019
Book Page	201908/010161

Lender

Name	US BANK NA
Type	Bank
Address	OWENSBORO, KY 42301

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Sep 01, 2034

Tax Assessment & Valuation

Source: Johnson County records · Assessment roll updated May 29, 2026 · Last verified June 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

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,403.00 (+7.72%)	$31,107 (+8.72%) Land $4,961 Building $26,146	$270,500 (+8.72%) Land $43,140 Building $227,360
2024	$3,159.00 (+8.59%)	$28,612 (+11.37%) Land $4,961 Building $23,651	$248,800 (+11.37%) Land $43,140 Building $205,660
2023	$2,909.00 (+7.03%)	$25,691 (+1%) Land $4,961 Building $20,730	$223,400 (+1%) Land $43,140 Building $180,260
2022	$2,718.00	$23,356 Land $4,509 Building $18,847	$203,100 Land $39,210 Building $163,890

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Johnson County (20091C), updated October 5, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No
Nearest Special Flood Hazard Area	Zone AE, within 500 ft

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.