NOT LISTED FOR SALE

104 N Drake Rd Kalamazoo, MI 49009

Westwood Neighborhood

Estimated Value: $362,000

1.81 Acres
$200,000 Price per Acre
78,844 Sq Ft Lot

Last Sold November 20, 2020

Last sale price $575,000

Est. 37% decrease in value since last sale

Current estimated payment $2,344/month

22 Days on Market

About This Lot

As of November 2020

This unique 1.81 Acre parcel is located in heart of the Kalamazoo's busiest commercial corridor. With the new Chick-Fila being developed to the North, and big boxes such as Lowe's and Harding's Friendly Markets immediately adjacent, this development site is perfect for any commercial user, retail or office.

Last Agent to Sell the Property

Matthew Callander

Callander Commercial License #6501303339 Listed on: 05/13/2020

Co-Listed By

Sandy Edwards

Callander Commercial License #6502342107

Last Buyer's Agent

Sandy Edwards

Callander Commercial License #6502342107

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,436

Lot Details

  • 1.81 Acre Lot
  • Zoning described as CC - Commercial

Property Details

Property Type

Land

Est. Annual Taxes

$4,436

Lot Details

0

Listing Details

  • Property Sub-Type: Commercial Land
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 299000.0
  • Road Surface Type: Paved

Lot Info

  • Lot Size Acres: 1.81
  • Lot Size Area: 1.81
  • Lot Size Sq Ft: 78844.0
  • Zoning Description: CC - Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4436.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Oct 28, 2020
Sold by
Echelon Real Estate Llc
Bought by
Rair Properties Kalamazoo Llc
Seller's Agent
Matthew Callander
Callander Commercial
Buyer's Agent
Sandy Edwards
Callander Commercial
List Price
$299,000
Sold Price
$575,000
Premium/Discount to List
$276,000
92.31%
Current Estimated Value
$362,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$213,000

Purchase Details

Listed on
Jul 9, 2018
Closed on
Nov 6, 2019
Sold by
Bye Michael R
Bought by
Echelon Real Estate Llc
Seller's Agent
Alex Cherney
Cherney Realty Advisors
Buyer's Agent
Charles Cherney
Cherney Realty Advisors
List Price
$259,900
Sold Price
$185,000
Premium/Discount to List
-$74,900
-28.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197.55%
Original Mortgage
$200,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2018
Sold by
Reed Anthony L
Bought by
Alr Acquistions Llc

Purchase Details

Closed on
Dec 12, 2017
Sold by
Reed Anthony L
Bought by
Bye Michael R

Purchase Details

Closed on
Nov 18, 2016
Sold by
Bareng Kimo K
Bought by
Reed Anthony L

Purchase Details

Closed on
Oct 24, 2016
Sold by
Ward Lawrence O and Ward Susan M
Bought by
Bareng Kimo K

Purchase Details

Closed on
Aug 31, 2016
Sold by
Ward Lawrence O
Bought by
Ward Lawrence O and Ward Susan M
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
Rair Properties Kalamazoo Llc $575,000 American Title Company
Echelon Real Estate Llc $185,000 Chicago Title Company
Bye Michael R -- Chicago Title Company
Alr Acquistions Llc -- None Available
Bye Michael R -- None Available
Reed Anthony L -- None Available
Bareng Kimo K -- None Available
Ward Lawrence O -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rair Properties Kalamazoo Llc $3,000,000
Previous Owner Echelon Real Estate Llc $200,000
Previous Owner Reed Anthony L $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $575,000 +92.3% --
06/04/2020 06/04/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $299,000 +61.6% --
11/07/2019 11/07/19 Sold $185,000 -28.8% --
10/05/2018 10/05/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $259,900 -- --
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
2022 $1,549 $0 $0 $0
2021 $1,549 $22,400 $0 $0
2020 $1,541 $22,400 $0 $0
2019 $1,479 $21,900 $0 $0
2018 $1,479 $21,900 $0 $0
2017 $740 $21,900 $0 $0
2016 $740 $21,900 $0 $0
2015 $740 $21,900 $0 $0
2014 $740 $22,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Callander

    Seller's Agent in 2020

    Matthew Callander

    Callander Commercial

    (269) 384-8368

    3 in this area

    122 Total Sales

    Section Image
  • Sandy Edwards

    Seller Co-Listing Agent in 2020

    Sandy Edwards

    Callander Commercial

    (269) 349-1000

    3 in this area

    80 Total Sales

    Section Image

  • A

    Seller's Agent in 2019

    Alex Cherney

    Cherney Realty Advisors

    (269) 420-6811

    29 Total Sales

    Section Image

  • C

    Buyer's Agent in 2019

    Charles Cherney

    Cherney Realty Advisors

    (269) 420-1347

    7 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20015954

Southwestern Michigan Association of REALTORS®

APN: 06-18-320-001

Michigan Kalamazoo County Kalamazoo 49009 Westwood

104 N Drake Rd, Kalamazoo, MI

This home is located at 104 N Drake Rd, Kalamazoo, MI 49009 since 13 May 2020 and is currently priced at $362,000. 104 N Drake Rd is a home located in Kalamazoo County with nearby schools including Northglade Montessori School, 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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