NOT LISTED FOR SALE

1111 Merrill St Kalamazoo, MI 49008

Vine Neighborhood

Estimated Value: $155,698 - $183,000

2 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold July 12, 2021

Last sale price $129,000

Est. 27% increase in value since last sale

Current estimated payment $1,024/month

6 Days on Market

About This Home

As of July 2021

**Multiple Offers - Highest and best offers are due on Friday June 4th at 3pm** Wonderful duplex in the Vine Neighborhood! Property is City Certified to 03/22/2022. Home offers upper and lower units with laundry in basement. Units offer separate utilities that tenants pay. Water and trash are paid for by owner. Great location close to WMU and downtown Kalamazoo.

Last Agent to Sell the Property

Kim Bowers

Jaqua, REALTORS License #6502358213 Listed on: 05/29/2021

Jaqua, REALTORS

Last Buyer's Agent

Brian McDonald

RE/MAX Executive License #6502426295

RE/MAX Executive

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,745

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $679
  • Operating Expense $1,229

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,745

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 117000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: RM-15
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 679.0
  • Number of Units Total: 2
  • Operating Expense: 1229.0

Tax Info

  • Tax Annual Amount: 1745.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Jul 9, 2021
Sold by
Marsceau Philip O
Bought by
Todaro Joseph
Seller's Agent
Kim Bowers
Jaqua, REALTORS
Buyer's Agent
Brian McDonald
RE/MAX Executive
List Price
$117,000
Sold Price
$129,000
Premium/Discount to List
$12,000
10.26%
Current Estimated Value
$164,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,175
Avg. Annual Appreciation
5.74%
Original Mortgage
$96,750
Outstanding Balance
$88,393
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$73,797

Purchase Details

Closed on
Feb 1, 2007
Sold by
Olindo Wendy
Bought by
The Bank Of New York Trust Co Na and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Apr 1, 2004
Sold by
Bode Frederick R and Bode Judith B
Bought by
Olindo Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,200
Interest Rate
5.46%
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
Todaro Joseph $129,000 None Available
The Bank Of New York Trust Co Na $60,000 None Available
Olindo Wendy $82,200 Devon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todaro Joseph $96,750
Previous Owner Marsceau Philip O $38,500
Previous Owner Olindo Wendy $82,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $129,000 +10.3% --
06/04/2021 06/04/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $117,000 -- --
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 $1,555 $66,400 $0 $0
2024 $1,555 $60,100 $0 $0
2023 $1,365 $52,700 $0 $0
2022 $3,135 $45,300 $0 $0
2021 $1,778 $41,400 $0 $0
2020 $1,745 $37,900 $0 $0
2019 $1,680 $32,100 $0 $0
2018 $1,642 $27,500 $0 $0
2017 $1,652 $26,000 $0 $0
2016 $1,652 $23,600 $0 $0
2015 $1,652 $23,400 $0 $0
2014 $1,652 $23,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Bowers

    Seller's Agent in 2021

    Kim Bowers

    Jaqua, REALTORS

    (269) 207-6484

    5 in this area

    52 Total Sales

    Section Image
  • Brian McDonald

    Buyer's Agent in 2021

    Brian McDonald

    RE/MAX Michigan

    (616) 291-4411

    6 in this area

    508 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21019839

Southwestern Michigan Association of REALTORS®

APN: 06-21-430-007

Michigan Kalamazoo County Kalamazoo 49008 Vine

1111 Merrill St, Kalamazoo, MI

This home is located at 1111 Merrill St, Kalamazoo, MI 49008 since 29 May 2021 and is currently estimated at $164,175. This property was built in 1900. 1111 Merrill St is a home located in Kalamazoo County with nearby schools including Woods Lake Elementary School, Maple Street Magnet School for the Arts, and Loy Norrix 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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