NOT LISTED FOR SALE

1125 S Westnedge Ave Kalamazoo, MI 49008

Vine Neighborhood

Estimated Value: $164,000 - $266,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold October 11, 2013

Last sale price $45,500

Est. 390% increase in value since last sale

Current estimated payment $1,469/month

76 Days on Market

About This Home

As of October 2013

This 3 unit is a great investment opportunity. Currently rented as a 2 unit, it has the facilities, appliances and layout for 3 units. You only have to lock a few doors to add an extra unit. The home has had numerous updates including furnace, exterior paint and more. The home retains a lot of the original charm and woodwork, including a beautiful firecplace. This would be a great owner occupied home.

Last Agent to Sell the Property

Margaret O'Brien

RE/MAX Advantage License #6501319072 Listed on: 05/07/2013

Last Buyer's Agent

Barry Bond

RE/MAX of Kalamazoo License #6502117026

RE/MAX of Kalamazoo

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1894

Lot Details

  • 8,712

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Shingle Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1894
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 65000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3548.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2013
Closed on
Oct 11, 2013
Sold by
Hodapp Patrick and Hodapp Sarah
Bought by
Cobb Willie and Lee Cobb Sang Ae
Seller's Agent
Margaret O'Brien
RE/MAX Advantage
Buyer's Agent
Barry Bond
RE/MAX of Kalamazoo
List Price
$65,000
Sold Price
$45,500
Premium/Discount to List
-$19,500
-30%
Current Estimated Value
$222,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,240
Avg. Annual Appreciation
13.95%

Purchase Details

Closed on
May 17, 2004
Sold by
Stull Craig A and Stull Maria
Bought by
Hodapp Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,120
Interest Rate
5.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cobb Willie $45,500 Metro Advantage
Cobb Willie -- Metro Advantage Title
Hodapp Patrick -- Devon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodapp Patrick $111,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $45,500 -30.0% --
07/22/2013 07/22/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $65,000 -- --
Source: MichRIC

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 $3,607 $121,900 $0 $0
2024 $1,495 $110,600 $0 $0
2023 $1,424 $96,700 $0 $0
2022 $3,271 $82,800 $0 $0
2021 $3,164 $75,500 $0 $0
2020 $3,104 $67,700 $0 $0
2019 $2,990 $57,000 $0 $0
2018 $2,921 $50,700 $0 $0
2017 $2,946 $48,200 $0 $0
2016 $2,946 $43,600 $0 $0
2015 $2,946 $43,700 $0 $0
2014 $2,946 $41,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Margaret O'Brien

    RE/MAX Michigan

  • Barry Bond

    Buyer's Agent in 2013

    Barry Bond

    RE/MAX Michigan

    1 in this area

    25 Total Sales

    Barry Bond
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Map

Source: MichRIC

MLS Number: 13025194

MichRIC

APN: 06-22-310-001

Michigan Kalamazoo County Kalamazoo 49001 Vine

1125 S Westnedge Ave, Kalamazoo, MI

Not Listed for Sale

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