505 S Valley Rd is a 1,561 square foot house on a 9,001 square foot lot with 3 bedrooms and 2.5 bathrooms. Based on Redfin's Olathe data, we estimate the home's value is $318,808.
Single-familyProperty Type
1975Year Built
9,001 sq ftLot Size
$204Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$318,808
$1,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.9% lower than the average sale price ($328K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,360 (+9.2%)
$6,224 + $24,504
$30,728
2024
$3,076 (−2.1%)
$6,224 + $24,504
$30,728
2023
$3,144 (+12.8%)
$5,653 + $22,246
$27,899
2022
$2,786 (+4.2%)
$5,143 + $22,549
$27,692
2020
$2,673 (−0.8%)
2019
$2,694 (+4.4%)
$4,071 + $17,480
$21,551
2018
$2,581 (+1.7%)
$4,071 + $17,503
$21,574
2017
$2,537 (+15.1%)
$3,393 + $16,583
$19,976
2016
$2,205 (+4.0%)
$3,393 + $16,583
$19,976
2015
$2,120 (+12.8%)
$3,088 + $14,760
$17,848
2012
$1,879
$3,088 + $12,771
$15,859
Tax history for 505 S Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,360 (+9.2%)
$6,224 + $24,504
$30,728
2024
$3,076 (−2.1%)
$6,224 + $24,504
$30,728
2023
$3,144 (+12.8%)
$5,653 + $22,246
$27,899
2022
$2,786 (+4.2%)
$5,143 + $22,549
$27,692
2020
$2,673 (−0.8%)
2019
$2,694 (+4.4%)
$4,071 + $17,480
$21,551
2018
$2,581 (+1.7%)
$4,071 + $17,503
$21,574
2017
$2,537 (+15.1%)
$3,393 + $16,583
$19,976
2016
$2,205 (+4.0%)
$3,393 + $16,583
$19,976
2015
$2,120 (+12.8%)
$3,088 + $14,760
$17,848
2012
$1,879
$3,088 + $12,771
$15,859
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-1
Residential Single-Family District
The R-1 Residential Single-Family district provides for development of standard low-density residential developments in areas where adequate public facilities and services exist, and residential development is appropriate given the surrounding land uses and neighborhood. Property zoned R-1 should be provided with public sanitary sewers, or suitable alternatives, prior to development. This district gives applicants the option to build low- to medium-density single-family neighborhoods, or a higher-density community that has street-oriented architecture or conservation design. R-1 is consistent with the Conventional Residential and Conservation/Cluster Neighborhoods future land use categories, and implements the following Comprehensive Plan policies: LUCC-3.3: Allow for a variety of home types and lot sizes.; HN-1.4: Minimize spillover impacts from adjacent commercial areas and incremental expansion of business activities into residential areas.; LUCC-8.2: Use zoning as a tool to avoid or minimize conflicts between land uses.; HN-2.1, HN-2.5, HN-4.1, and HN-4.2: Provide a full range of housing choices, affordable housing, and neighborhoods that enable residents to age in place.