1606 E Penrose Ln, Olathe, KS 66062
Property image
Property image
OFF MARKET

$253,100

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 1,648 sqft

1606 E Penrose Ln, Olathe, KS 66062

Park Trace
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Home Value

Trulia Estimate
$253K
Since last month
Decreased$6K (-2.2%)
Since last year
Increased$2K (+0.9%)
Since last sale
Increased$124K (+96%)
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 increased by +85% in the last 10 years
MonthEstimated value
2026
August 2026$253K
August 2026$253K
July 2026$258K
June 2026$259K
May 2026$260K
April 2026$259K
March 2026$252K
February 2026$250K
January 2026$244K
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
16510 W 133rd St, Olathe, KS
1.26
Condo
-
08/07/26
2
2
1,664
15967 S Crestview Dr, Olathe, KS
2.56
Condo
-
05/11/26
3
3
1,361
15963 S Crestview Dr, Olathe, KS
2.56
Condo
-
02/19/26
3
3
1,374
12600 S Pflumm Rd #104, Olathe, KS
3.05
Condo
-
02/02/26
2
2
1,571
11751 S Roundtree St #102, Olathe, KS
4.05
Condo
-
03/27/26
2
2
1,143
11741 S Roundtree St #200, Olathe, KS
4.07
Condo
-
12/03/25
2
2
1,138
11388 S Pflumm Rd, Olathe, KS
4.17
Condo
-
03/10/26
2
2
1,181
11711 S Roundtree St #103, Olathe, KS
4.09
Condo
-
09/05/25
2
2
1,170
11701 S Roundtree St #101, Olathe, KS
4.12
Condo
-
11/24/25
2
2
1,146
12722 W 110th Ter, Overland Park, KS
4.78
Condo
-
08/31/26
2
2
1,150

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
713 S Clairborne Rd, Olathe, KS 66062
0.09
-
3
2
1,545
Recently Sold
48 Holly Dr, Olathe, KS 66062
0.10
-
3
3
2,524
Recently Sold
58 Holly Dr, Olathe, KS 66062
0.12
$300,300
2
2
1,636
Off Market
632 S Penrose Ln, Olathe, KS 66062
0.13
$272,400
3
1.5
1,435
Off Market
1431-33 E Penrose Ln, Olathe, KS 66062
0.11
-
Studio
2
-
Recently Sold
57 Holly Dr, Olathe, KS 66062
0.13
$349,200
3
2.5
2,230
Off Market
44 Holly Dr, Olathe, KS 66062
0.13
$278,200
2
2
1,634
Off Market
1415-1417 E Penrose Ln, Olathe, KS 66062
0.14
$439,900
Studio
4
-
Off Market
1717 E Penrose Ln, Olathe, KS 66062
0.10
$489,000
Studio
2
-
Off Market
1422 E Willow Dr, Olathe, KS 66062
0.15
$256,100
3
2
1,428
Off Market
736 S Avalon Cir, Olathe, KS 66062
0.17
$266,100
3
1.5
1,248
Off Market
1715-1717 E Willow Dr, Olathe, KS 66062
0.13
$417,200
Studio
1
-
Off Market

Local Information

  • Map ViewExplore the area around 1606 E Penrose Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1975
Living Area
1,648 sqft
Price/Sqft
$154
Parking
Garage

About this House

Would you believe 3 BR's all with large walk-in closets and two living areas. Beautiful FP. Wonderful deck/patio. Faces south for clean Winter driveways. Treed back yard with fence. Where else could you go in SE Olathe and get this much living space at this price? Timberline Ultra High Definition roof, 5 years old.
1606 E Penrose Ln, Olathe, KS 66062 is a 3 bedroom, 3 bathroom, 1,648 sqft condo in Park Trace, built in 1975. It last sold for $129,000 on Aug 31, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $253,100, with a rent estimate of $2,100/month.

Home Details for 1606 E Penrose Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Laminate
Interior Details
AtticNumber of Rooms: 7Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Mud Room, PantryCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: Wood, CompositionFoundation Type: SlabGardenLawnPatioPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: CondoArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 5987 sqft

Price and Tax history

DateEventPrice
Aug 31, 2015
Source: Heartland MLS as distributed by MLS GRID #45001_1944545
Sold
--
Jul 4, 2015
Source: Agent Provided
PriceChange
$129,950
Price decreased by 4%
Jun 18, 2015
Source: Agent Provided
Listed For Sale
$134,950

Market trends in Olathe

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

Around this home

Neighborhood Overview

Park Trace
See Local Highlights
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
    "It’s Quiet, there’s plenty shopping areas and it’s right off the highway for quick and easy access to interstate "
    0
    Flag
  • Anneinc2004
    "It’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. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1606 E Penrose Ln

  • What is 1606 E Penrose Ln estimated to be worth?
    Trulia's estimated value for 1606 E Penrose Ln in Olathe, KS is $253,100.
  • What is the price history for 1606 E Penrose Ln?
    1606 E Penrose Ln in Olathe, KS last sold in August 2015.
  • 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.
  • Does 1606 E Penrose Ln have air conditioning?
    Yes, 1606 E Penrose Ln in Olathe, KS has air conditioning.
  • Does 1606 E Penrose Ln have laundry facilities?
    Yes, 1606 E Penrose Ln in Olathe, KS has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

80 rentals with air conditioning in Olathe, KS

Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

37 rentals with an outdoor space in Olathe, KS

Apartments for Rent

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