NOT LISTED FOR SALE
-- Bed
-- Bath
11,400 Sq Ft
1.22 Acres

Last Sold November 16, 2023

51 Days on Market

Highlights

  • 52,948 Sq Ft lot
  • Deck
  • Storage
  • Tomahawk Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

The Bel Aire Apartments is a garden-style 24-unit apartment complex with mid-century charm in the heart of Overland Park. Three buildings totaling 19,152 square feet surround a central courtyard. Eight units are two-bedroom and one-bathroom, while 16 are one-bedroom and one-bathroom units. 18 of the 24 units have undergone recent renovations to a luxury finish – upgraded LVP flooring, tiled showers, granite countertops, stainless steel appliances and modern fixtures. Each unit has a dedicated outdoor space of either a private patio or a private balcony. Common laundry is in the basement of each building, and parking is in a dedicated lot behind the building.

Overland Park is a thriving community that consistently ranks in the top ten places to live nationwide. Take a look at adding Bel Aire Apartments to your rental portfolio, you’ll be glad you did!

Last Agent to Sell the Property

Michelle Lutz

Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 08/14/2023

Last Buyer's Agent

Lee Ripma

Lutz Sales + Investments License #2021021630

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $24,638

Year Built

  • Built in 1959

Lot Details

  • 1.22

Home Design

  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 11,400 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Storage
  • Basement
  • Laundry in Basement

Parking

  • Paved Parking
  • Off-Street Parking

Additional Features

  • Deck
  • 1.22 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number NP42000000-0012
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 24 Units
  • Marty Place Subdivision

Building Details

  • Gross Income $324,960

Property Details

Home Type

Apartment

Est. Annual Taxes

$24,638

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1959
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Michelle Lutz
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Sold
  • Operating Expense: 24638
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 24638
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Central Storage, Common Entry, Prt Window Cover
  • Basement: Yes
  • Laundry Features: Central Laundry, In Basement
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Veneer, Shingle/Shake
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: Public
  • Telecom: Cable - Available,High Speed Internet - Available,Metro Free

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Accurate Title

Schools

  • Junior High Dist: Shawnee Mission

Lot Info

  • Zoning: DFD
  • Building Area Total: 11400
  • Lot Size Area: 52948
  • Lot Size Sq Ft: 52948
  • Parcel Number: NP42000000-0012
  • Subdivision Name: Marty Place
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 24

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 324960
  • Current Occupancy Rate: Under 80%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 24638
  • Tax Abatement YN: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold -- -- --
10/05/2023 10/05/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $2,800,000 0.0% $246 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $2,800,000 +107.4% $246 / Sq Ft
04/22/2014 04/22/14 Sold -- -- --
02/17/2014 02/17/14 Pending -- -- --
11/08/2013 11/08/13 For Sale $1,350,000 -- --
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2447925

Heartland MLS