NOT LISTED FOR SALE

112 E Stockbridge Ave Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $75,000 - $112,000

2 Beds
1 Bath
1,086 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $65,000 $60 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $683/month

76 Days on Market

About This Home

As of August 2023

This is an investors dream! Priced very competitively this single family home has been leased to the same person for nearly 10 years! Current lease rates are low at $850/mo and expire in Feb. 24. You can pick this up at an incredibly low price and be cash flowing immediately with opportunity to increase that cash flow early next year.

Last Agent to Sell the Property

Jonathan Hazeltine

Sweetspot Property LLC - I License #6502384738 Listed on: 05/12/2023

Last Buyer's Agent

Therese Henry

Bellabay Realty LLC License #6501452006

Bellabay Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 48x66

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,086 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1911
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 48x66
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1086.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1993.0
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:SqFt Above Grade: 1086.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1086.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 543.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 70000.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 48x66
  • Lot Size Sq Ft: 3049.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1993.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Aug 11, 2023
Sold by
532 Delaware Llc
Bought by
Mast Properties Llc
Seller's Agent
Jonathan Hazeltine
Sweetspot Property LLC - I
Buyer's Agent
Therese Henry
Bellabay Realty LLC
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%
Views
302
Current Estimated Value
$91,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,967
Avg. Annual Appreciation
17.43%

Purchase Details

Closed on
Sep 23, 2021
Sold by
Kostaras Basil
Bought by
532 Delaware Llc

Purchase Details

Listed on
Oct 7, 2020
Closed on
Jan 12, 2021
Sold by
Craft Investments Llc
Bought by
Kostaras Basil
Seller's Agent
Jennifer Doan
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jonathan Hazeltine
Sweetspot Property LLC - I
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$52,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2015
Sold by
Frazier Lon W
Bought by
Craft Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,360
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 16, 2011
Sold by
Frazier Lon W
Bought by
Craft Investments Llc

Purchase Details

Closed on
Jun 2, 2011
Sold by
Frazier Lon W
Bought by
Frazier Lon W and Lon W Frazier Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mast Properties Llc $65,000 None Listed On Document
532 Delaware Llc -- None Available
Kostaras Basil $65,000 Transnation Title Agency
Craft Investments Llc $200,000 Devon Title Company
Craft Investments Llc -- Chicago Title
Frazier Lon W -- Chicago Title
Frazier Lon W -- None Available
Frazier Barbara J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kostaras Basil $52,000
Previous Owner Craft Investments Llc $229,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2023 08/14/23 Sold $65,000 -7.1% $60 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $70,000 -6.7% $64 / Sq Ft
05/26/2023 05/26/23 Price Changed $75,000 -6.3% $69 / Sq Ft
05/12/2023 05/12/23 For Sale $80,000 +23.1% $74 / Sq Ft
01/12/2021 01/12/21 Sold $65,000 -13.2% $60 / Sq Ft View Prior Sale
11/25/2020 11/25/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $74,900 -- $69 / Sq Ft
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 $2,415 $40,900 $0 $0
2024 $1,001 $34,900 $0 $0
2023 $868 $32,100 $0 $0
2022 $1,993 $28,800 $0 $0
2021 $1,359 $26,100 $0 $0
2020 $1,333 $23,800 $0 $0
2019 $1,284 $21,400 $0 $0
2018 $1,254 $21,600 $0 $0
2017 $1,436 $21,200 $0 $0
2016 $1,436 $20,200 $0 $0
2015 $1,436 $18,700 $0 $0
2014 $1,436 $19,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23015341

Southwestern Michigan Association of REALTORS®

APN: 06-22-377-005