1602 E  Penrose Ln, Olathe, KS 66062
OFF MARKET

$302,500

Trulia Estimate
  • Studio

1602 E Penrose Ln, Olathe, KS 66062

Park Trace
Est. Refi. Payment $1,788/mo*
Refinance Your Home

Home Value

Trulia Estimate
$303K
Since last month
Decreased$14K (-4.3%)
Since last year
Decreased$15K (-4.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -12% in the last 10 years
MonthEstimated value
2026
August 2026$303K
July 2026$317K
June 2026$306K
May 2026$294K
April 2026$304K
March 2026$302K
February 2026$296K
January 2026$283K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
-
02/11/26
3
3
2,524
0.17
Single-Family Home
-
10/24/25
3
2
1,467
0.14
Single-Family Home
-
10/28/25
3
2
1,428
0.17
Single-Family Home
-
12/02/25
3
1.5
1,570
0.09
Single-Family Home
-
11/13/25
3
2
1,545
0.34
Single-Family Home
-
01/23/26
3
2
1,266
0.24
Single-Family Home
-
08/07/26
3
1
1,205
0.24
Single-Family Home
-
08/07/26
3
2
1,205
0.29
Single-Family Home
-
03/10/26
3
1
1,205
0.37
Single-Family Home
-
09/18/25
3
1
1,122

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.09
-
3
2
1,545
Recently Sold
0.10
-
3
3
2,524
Recently Sold
0.12
$302,100
2
2
1,636
Off Market
0.12
$272,400
3
1.5
1,435
Off Market
0.10
-
Studio
2
-
Recently Sold
0.13
$350,600
3
2.5
2,230
Off Market
0.14
$279,200
2
2
1,634
Off Market
0.14
$439,900
Studio
4
-
Off Market
0.11
$489,000
Studio
2
-
Off Market
0.14
$256,100
3
2
1,428
Off Market
0.16
$266,100
3
1.5
1,248
Off Market
0.14
$409,300
Studio
1
-
Off Market

Local Information

  • Map ViewExplore the area around 1602 E Penrose Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home

About this House

This single-family home is located at 1602 E Penrose Ln, Olathe, KS. 1602 E Penrose Ln is in the Park Trace neighborhood in Olathe, KS and in ZIP code 66062. This property has a lot size of 3485 sqft.
1602 E Penrose Ln, Olathe, KS 66062 is a studio single-family home in Park Trace. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $302,500, with a rent estimate of $1,941/month.

Home Details for 1602 E Penrose Ln

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 3485 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$25
$1,830
Home facts updated by county records

Market trends in Olathe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$450K
$5K
MoM
Sale-to-List Price
100.8%
Price per sq ft
$200
$1
MoM
Available listings
343
12
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Park Trace

At least 35 Trulia users voted on each feature.
  • 90 % Say car is needed

  • 90 % Say parking is easy

  • 88 % Say there are sidewalks

  • 87 % Say it's dog friendly

  • 81 % Say yards are well-kept

  • 70 % Say kids play outside

  • 70 % Say streets are well-lit

  • 68 % Say it's quiet

  • 66 % Say there's holiday spirit

  • 59 % Say they plan to stay for at least 5 years

  • 53 % Say there's wildlife

  • 51 % Say people would walk alone at night

  • 50 % Say neighbors are friendly

  • 49 % Say it's walkable to grocery stores

  • 41 % Say it's walkable to restaurants

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Shae Redd
    "Itโ€™s Quiet, thereโ€™s plenty shopping areas and itโ€™s right off the highway for quick and easy access to interstate "
  • Anneinc2004
    "Itโ€™s nice n friendly. Quite place to live. The crime is low, police patrol the area so we always feel safe. Everything is within walking distance. "

LGBTQ Local Legal Protections

Frequently asked questions about 1602 E Penrose Ln

  • What is 1602 E Penrose Ln estimated to be worth?
    Trulia's estimated value for 1602 E Penrose Ln in Olathe, KS is $302,500.
  • Is Olathe a buyer's or seller's market?
    Olathe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Olathe?
    The median sale price in Olathe is $450K. That is up $5K from the prior month.
  • What do residents say about the Park Trace neighborhood?
    Residents describe the Park Trace neighborhood in Olathe, KS as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Park Trace, Olathe.
  • How big is the lot at 1602 E Penrose Ln?
    The lot at 1602 E Penrose Ln in Olathe, KS is about 0.08 acres (3,485 sq ft).

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