NOT LISTED FOR SALE

Estimated Value: $220,711 - $354,000

-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Last Sold June 23, 2016

Last sale price $85,000

Est. 241% increase in value since last sale

Current estimated payment $1,954/month

32 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of June 2016

See MLS # 16014001 & 16013951 for package offers only, Seller cannot sell properites separate on LC, but can for cashout but prefer LC package. Land contract for all 3 properties together-no exceptions for LC. Land Contract terms- 25% down payment, 5% interest, 7 year balloon. 5 Unit with hardwood flooring, tall ceilings and many unique characteristics. Hilltop setting with open wrap around porch with view across to Kalamazoo College! West side basement access unlocked. Seller will complete minor repairs for City Certificate of Compliance.

Last Agent to Sell the Property

Jeff Bertolissi

Berkshire Hathaway HomeServices MI License #6502334351 Listed on: 04/01/2016

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Jeffrey Bertolissi

Prudential Preferred, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 119x159

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement

Parking

  • 5 Parking Spaces
  • Unpaved Driveway

Utilities

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

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $870
  • Utility Expense $7,867
  • Gross Income $28,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1875
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 119x159
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3582.0
  • General Property Info:Total _pound_ Units: 5
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 110000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Size Sq Ft: 18921.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 28500.0
  • Insurance Expense: 870.0
  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 3582.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2024
Sold by
Tardani Jacob A
Bought by
Odyssey Delta Llc
Current Estimated Value
$289,428

Purchase Details

Closed on
Jan 25, 2021
Sold by
Applegate Sharon K and Applegate Neil E
Bought by
Tardani Jacob A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 23, 2016
Sold by
Applegate Neil E and Applegate Sharon K
Bought by
Tardani Jacob A
Seller's Agent
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
List Price
$110,000
Sold Price
$85,000
Premium/Discount to List
-$25,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%

Purchase Details

Closed on
Mar 25, 2010
Sold by
Applegate Neil E and Applegate Sharon K
Bought by
Applegate Neil E and Applegate Sharon K
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
Odyssey Delta Llc -- None Listed On Document
Tardani Jacob A $85,000 Ata National Title Group Llc
Tardani Jacob A -- Title Resource Agency
Applegate Neil E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tardani Jacob A $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2016 06/23/16 Sold $85,000 -22.7% --
05/03/2016 05/03/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $110,000 -- --
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 $4,967 $107,200 $0 $0
2024 $2,058 $85,900 $0 $0
2023 $2,614 $79,800 $0 $0
2022 $4,505 $65,100 $0 $0
2021 $3,519 $61,900 $0 $0
2020 $3,452 $59,300 $0 $0
2019 $3,440 $51,700 $0 $0
2018 $3,578 $48,100 $0 $0
2017 $3,032 $49,400 $0 $0
2016 $3,032 $49,900 $0 $0
2015 $3,032 $46,500 $0 $0
2014 $3,032 $42,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16014022

Southwestern Michigan Association of REALTORS®

APN: 06-16-348-001