Seller's Agent in 2023
Lucas Howard
Keller Williams GR East
(616) 893-6478
7 in this area
1,219 Total Sales
1012 Lay Blvd Kalamazoo, MI 49001
Edison NeighborhoodEstimated Value: $115,000 - $218,000
4
Beds
2
Baths
--
Sq Ft
5,663
Sq Ft Lot
Highlights
- 1 Fireplace
- High Speed Internet
- 4-minute walk to Southside Park
- Forced Air Heating System
About This Home
As of September 2023Fantastic investment opportunity in Kalamazoo! This charming duplex features two spacious 2-bedroom units, each currently leased on a month-to-month basis. Total rent for BOTH units is $1650/mo.
Enjoy the flexibility of renting out both units for steady income, or reside in one while letting the other cover your mortgage. Ideal for first-time investors seeking a hassle-free income stream. Alternatively, convert it back to a single-family home for personalized living. Don't miss out on this versatile property in a prime location.
Last Agent to Sell the Property
Keller Williams GR East License #6502359815 Listed on: 08/10/2023
Co-Listed By
Luke Schrader
Keller Williams Kalamazoo Market Center License #6501385059
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,754
Year Built
- Built in 1896
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 44x130
Parking
- 3 Parking Spaces
Home Design
- Aluminum Siding
Interior Spaces
- 1 Fireplace
- Basement
- Michigan Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for gas
- The owner pays for water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2023
Closed on
Sep 15, 2023
Sold by
Mills Robert and Mills Zaidy
Bought by
Rafalski Bradley
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Brendon Zabavski
RE/MAX Advantage
List Price
$130,000
Sold Price
$130,000
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,554
Avg. Annual Appreciation
12.33%
Original Mortgage
$97,500
Outstanding Balance
$95,432
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$70,122
Purchase Details
Closed on
Dec 18, 2021
Sold by
1012 Lay Boulevard Llc
Bought by
Mills Robert and Mills Zaidy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 2020
Sold by
Mills Robert A and Mills Zaidy
Bought by
1012 Lay Boulevard Llc
Purchase Details
Listed on
Jul 12, 2019
Closed on
Oct 22, 2019
Sold by
Mccarroll Franklin S
Bought by
Mills Robert A and Mills Zaidy
Seller's Agent
Willie Mae Pierson
Pierson Real Estate
Buyer's Agent
Tony Smith
CENTURY 21 Affiliated
List Price
$69,500
Sold Price
$69,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$52,125
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2012
Sold by
Mccarroll Franklin S
Bought by
Mccarroll Franklin S and Snowball Trust
Purchase Details
Closed on
Dec 15, 2008
Sold by
The Bank Of New York Mellon
Bought by
Mccarroll Franklin
Purchase Details
Closed on
Oct 2, 2008
Sold by
The Bank Of New York Trust Company Na
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Mar 13, 2008
Sold by
Lehman Robert B and Wallace Barbara
Bought by
The Bank Of New York Trust Co Na and Bear Stearns Asset Backed Securities Tru
Purchase Details
Closed on
Dec 15, 2005
Sold by
Lehman Robert B and Wallace Barbara
Bought by
Amber Sun Llc
Purchase Details
Closed on
Jul 16, 2005
Sold by
King Charles L and King Effie M
Bought by
Lehman Robert B and Wallace Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,750
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rafalski Bradley | $130,000 | Nations Title Agency | |
| Mills Robert | -- | Stewart Title | |
| 1012 Lay Boulevard Llc | -- | None Available | |
| Mills Robert A | $69,500 | Devon Title Company | |
| Mccarroll Franklin S | -- | None Available | |
| Mccarroll Franklin | $19,500 | Lighthouse Title | |
| The Bank Of New York Mellon | -- | Lighthouse Title | |
| The Bank Of New York Trust Co Na | $38,500 | None Available | |
| Amber Sun Llc | -- | None Available | |
| Lehman Robert B | $92,210 | Devon Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rafalski Bradley | $97,500 | |
| Previous Owner | Mills Robert | $82,800 | |
| Previous Owner | Mills Robert A | $52,125 | |
| Previous Owner | Lehman Robert B | $73,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $130,000 | 0.0% | -- | |
| 08/13/2023 08/13/23 | Pending | -- | -- | -- | |
| 08/10/2023 08/10/23 | For Sale | $130,000 | +87.1% | -- | |
| 10/23/2019 10/23/19 | Sold | $69,500 | 0.0% | -- | View Prior Sale |
| 09/07/2019 09/07/19 | Pending | -- | -- | -- | |
| 07/12/2019 07/12/19 | For Sale | $69,500 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,775 | $87,000 | $0 | $0 |
| 2024 | $1,979 | $69,000 | $0 | $0 |
| 2023 | $1,936 | $61,100 | $0 | $0 |
| 2022 | $2,754 | $51,500 | $0 | $0 |
| 2021 | $2,664 | $43,200 | $0 | $0 |
| 2020 | $2,614 | $38,000 | $0 | $0 |
| 2019 | $2,020 | $30,900 | $0 | $0 |
| 2018 | $2,267 | $27,200 | $0 | $0 |
| 2017 | $1,879 | $27,900 | $0 | $0 |
| 2016 | $1,879 | $27,500 | $0 | $0 |
| 2015 | $1,879 | $27,000 | $0 | $0 |
| 2014 | $1,879 | $24,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lucas Howard
-
L
Seller Co-Listing Agent in 2023
Luke Schrader
Keller Williams Kalamazoo Market Center
-
Brendon Zabavski
Buyer's Agent in 2023
Brendon Zabavski
RE/MAX Michigan
(269) 720-9951
3 in this area
167 Total Sales
-
W
Seller's Agent in 2019
Willie Mae Pierson
Pierson Real Estate
-
Tony Smith
Buyer's Agent in 2019
Tony Smith
CENTURY 21 Affiliated
(269) 377-4349
11 in this area
35 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23029217
APN: 06-26-108-003
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