NOT LISTED FOR SALE

1020 W Kalamazoo Ave Kalamazoo, MI 49007

Stuart Neighborhood

Estimated Value: $173,000 - $208,394

4 Beds
3 Baths
-- Sq Ft
0.42 Acres

Last Sold October 31, 2017

Last sale price $372,500

Est. 49% decrease in value since last sale

Current estimated payment $1,199/month

71 Days on Market

About This Home

As of October 2017

Excellent historical multi-family investment. Very well maintained package of homes. 1020 is a 3-unit, 1026/24 is a 4-unit, and 1028 is a 3 bedroom home. Great Stuart neighborhood location. Shared drive, ample parking. City certified.

Last Agent to Sell the Property

Matt Leighton

Jaqua, REALTORS License #6501273319 Listed on: 08/01/2017

Jaqua, REALTORS

Co-Listed By

CeCe McGuinness

Chuck Jaqua, REALTOR License #6501298531

Last Buyer's Agent

Matthew Leighton

Leighton Real Estate, L.L.C.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,531

Year Built

  • Built in 1885

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 122x150

Parking

  • 12 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Community Details

  • 3 Buildings
  • 8 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,531

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 122x150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 8531.0
  • Tax Info:Zoning3: RM-15
  • General Property Info:Total _pound_ Units: 8
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 415000.0
  • Number of Buildings: 3
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 12.0
  • General Property Info:Total Parking Spaces: 12.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size Area: 0.42
  • Lot Size Sq Ft: 18295.0
  • Zoning Description: RM-15
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 8531.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 31, 2017
Sold by
Marvin Gregory R and Marvin Kathleen K
Bought by
Kalamazoo Properties Llc
Seller's Agent
Matt Leighton
Jaqua, REALTORS
Buyer's Agent
Matt Leighton
Jaqua, REALTORS
List Price
$415,000
Sold Price
$372,500
Premium/Discount to List
-$42,500
-10.24%
Current Estimated Value
$191,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$180,901

Purchase Details

Closed on
Mar 15, 2007
Sold by
Finchem Paul J and Finchem Gay B
Bought by
Marvin Gregory R and Marvin Kathleen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Kalamazoo Properties Llc -- None Available
Marvin Gregory R $135,000 Devon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marvin Gregory R $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $372,500 -10.2% --
10/11/2017 10/11/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $415,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,797 $97,600 $0 $0
2024 $1,797 $84,900 $0 $0
2023 $1,713 $79,700 $0 $0
2022 $3,933 $65,900 $0 $0
2021 $3,804 $60,700 $0 $0
2020 $3,732 $57,500 $0 $0
2019 $3,594 $54,500 $0 $0
2018 $3,511 $52,000 $0 $0
2017 $3,017 $52,500 $0 $0
2016 $3,017 $50,500 $0 $0
2015 $3,017 $45,300 $0 $0
2014 $3,017 $42,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Leighton

    Seller's Agent in 2017

    Matt Leighton

    Jaqua, REALTORS

    (734) 223-8710

    51 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2017

    CeCe McGuinness

    Chuck Jaqua, REALTOR

  • M

    Buyer's Agent in 2017

    Matthew Leighton

    Leighton Real Estate, L.L.C.

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17038397

Southwestern Michigan Association of REALTORS®

APN: 06-16-410-019

Michigan Kalamazoo County Kalamazoo 49007 Stuart

1020 W Kalamazoo Ave, Kalamazoo, MI

This home is located at 1020 W Kalamazoo Ave, Kalamazoo, MI 49007 since 01 August 2017 and is currently estimated at $191,599. This property was built in 1885. 1020 W Kalamazoo Ave is a home located in Kalamazoo County with nearby schools including Woodward School for Technology & Research, Linden Grove Middle School, and Kalamazoo Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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