$18,000
SOLD MAY 9, 2016
-- Bed
-- Bath
-- Sq Ft
6,969 Sq Ft Lot

Recently Sold

10% Below List Price

2 Days on Market

About This Home

As of December 2017

Great investment opportunity. Great price on this 2-unit property in kalamazoo. Upper unit has 1 bedroom and 1 bath. Lower unit has 2 bedrooms and 2 baths. Large lot and plenty of off-street parking. Seller wants sold!

Last Agent to Sell the Property

Jorie Aulston

Bellabay Realty LLC Listed on: 04/25/2016

Last Buyer's Agent

Dawn Spencer

Chuck Jaqua, REALTOR License #6501243926

Chuck Jaqua, REALTOR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,969 Sq Ft Lot
  • Lot Dimensions are 55x112
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $132
  • Operating Expense $2,592

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 55x112
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1553.0
  • Tax Info:Zoning3: RESID
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 20000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6969.0
  • Zoning Description: RESID
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Insurance Expense: 132.0
  • Number of Units Total: 2
  • Operating Expense: 2592.0

Tax Info

  • Tax Annual Amount: 1553.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Dec 8, 2017
Sold by
Mj Rentals Llc
Bought by
Edlund Daniel T and Edlund Cheryl L
Seller's Agent
Dawn Spencer
Chuck Jaqua, REALTOR
Buyer's Agent
Alan Gerould
Prudential Preferred, REALTORS
List Price
$59,900
Sold Price
$54,900
Premium/Discount to List
-$5,000
-8.35%
Current Estimated Value
$147,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,572
Avg. Annual Appreciation
13.28%

Purchase Details

Listed on
Oct 25, 2012
Closed on
Dec 28, 2012
Sold by
Fannie Mae
Bought by
Rudalev 2 Llc
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Michael Balsitis
Bellabay Realty LLC
List Price
$26,000
Sold Price
$20,000
Premium/Discount to List
-$6,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.63%

Purchase Details

Listed on
Oct 25, 2012
Closed on
Nov 13, 2012
Sold by
Jlb International Llc
Bought by
Federal National Mortgage Association
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Michael Balsitis
Bellabay Realty LLC
List Price
$26,000
Sold Price
$20,000
Premium/Discount to List
-$6,000
-23.08%

Purchase Details

Closed on
Jun 10, 2005
Sold by
Budiwarman Connie and Budiwarman Andi
Bought by
Jlb International Llc

Purchase Details

Closed on
May 17, 2005
Sold by
Jlb International Llc
Bought by
Budiwarman Connie and Budiwarman Andi

Purchase Details

Closed on
Feb 28, 2005
Sold by
Chenault Kathie
Bought by
Jlb International Llc
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 Type Sale Price Title Company
Warranty Deed $54,900 Devon Title Agency
Deed $20,000 Etitle Agency Inc
Deed In Lieu Of Foreclosure -- None Available
Quit Claim Deed -- Devon
Quit Claim Deed -- Devon Title
Warranty Deed $22,000 Devon Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Rented -- -- --
09/13/2019 09/13/19 Under Contract -- -- --
08/15/2019 08/15/19 For Rent $700 0.0% --
08/17/2018 08/17/18 Rented -- -- --
08/17/2018 08/17/18 Under Contract -- -- --
05/09/2018 05/09/18 For Rent $700 0.0% --
12/08/2017 12/08/17 Sold $54,900 -8.3% --
11/02/2017 11/02/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $59,900 +232.8% --
05/09/2016 05/09/16 Sold $18,000 -10.0% --
04/27/2016 04/27/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $20,000 0.0% --
12/28/2012 12/28/12 Sold $20,000 -23.1% --
12/18/2012 12/18/12 Pending -- -- --
10/25/2012 10/25/12 For Sale $26,000 -- --
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 $822 $48,800 $0 $0
2024 $822 $40,600 $0 $0
2023 $784 $38,000 $0 $0
2022 $1,800 $32,000 $0 $0
2021 $1,741 $30,700 $0 $0
2020 $1,708 $29,800 $0 $0
2019 $1,645 $26,300 $0 $0
2018 $1,684 $23,800 $0 $0
2017 $1,423 $23,400 $0 $0
2016 $1,423 $22,600 $0 $0
2015 $1,423 $21,200 $0 $0
2014 $1,423 $19,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16018383

Southwestern Michigan Association of REALTORS®

APN: 06-16-178-087