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Subject Property
3918 SW 40TH TER, Topeka, KS 66610
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Information Last Updated 06/16/2025
Subject Property
3918 SW 40TH TER, Topeka, KS 66610
1
3918 SW 40TH TER Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R61799
Actual Sale Price
$315,000
Sale Date
February 06, 2023
Adjusted Sale Price 
$323,206
2
3940 SW 40TH ST Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R61769
Actual Sale Price
$347,000
Sale Date
April 11, 2024
Adjusted Sale Price 
$314,522
3
3903 SW 40TH TER Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R61809
Actual Sale Price
$270,000
Sale Date
January 18, 2024
Adjusted Sale Price 
$286,432
4
3939 SW 40TH TER Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R61818
Actual Sale Price
$352,500
Sale Date
March 19, 2024
Adjusted Sale Price 
$312,599
5
4441 SW COLLY CREEK DR Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R62064
Actual Sale Price
$332,000
Sale Date
July 08, 2024
Adjusted Sale Price 
$292,075
1
3918 SW 40TH TER Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R61799
Actual Sale Price
$315,000
Sale Date
February 06, 2023
Adjusted Sale Price 
$323,206
2
3940 SW 40TH ST Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R61769
Actual Sale Price
$347,000
Sale Date
April 11, 2024
Adjusted Sale Price 
$314,522
3
3903 SW 40TH TER Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R61809
Actual Sale Price
$270,000
Sale Date
January 18, 2024
Adjusted Sale Price 
$286,432
4
3939 SW 40TH TER Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R61818
Actual Sale Price
$352,500
Sale Date
March 19, 2024
Adjusted Sale Price 
$312,599
5
4441 SW COLLY CREEK DR Topeka KS 66610
exterior photo of primary building or land of the property
QuickRef
R62064
Actual Sale Price
$332,000
Sale Date
July 08, 2024
Adjusted Sale Price 
$292,075
Information Last Updated 06/16/2025

Adjusted Sale Price Explanation

The adjusted sale price is the result of adjusting the selling price of a similar (comparable) property to match the characteristics of the property being appraised (subject). Since no two properties are identical, the appraisers analyze a large number of sales to find patterns. Then they are able to assign dollar amounts to the major differences and adjust actual selling prices for the differences. For example, assume the subject is identical to the neighbor's house that recently sold for $125,000, except the neighbor's house has an attached garage, but the subject house does not. Let's say that the sales in the market area indicate that an attached garage adds $5,000 (hypothetically) to the average selling price. We adjust the sale price of the neighbor's house down by $5,000 to make it more comparable to the subject. The resulting value of $120,000 is the "adjusted sale price." Each comparable sale shown above has had adjustments made to the actual sale price similar to this example.

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