NOT LISTED FOR SALE

122 Allen Blvd Kalamazoo, MI 49007

Central Business District Neighborhood

Estimated Value: $417,384

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold July 24, 2015

Last sale price $170,000

Est. 146% increase in value since last sale

Current estimated payment $2,564/month

24 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 3-minute walk to West Main Park

About This Home

As of July 2015

Great 7 unit rental property on tucked away street, walking distance to downtown and K-College. New water heaters and furnaces for all units. Building fully rented with off street parking for all units. Call Justin at 269-271-5688 for a showing.

Last Agent to Sell the Property

Justin Gregory

Berkshire Hathaway HomeServices MI Listed on: 01/14/2015

Co-Listed By

Ethel Wilkey-Downs

Berkshire Hathaway HomeServices MI License #6501258060

Last Buyer's Agent

Joani Becker

Five Star Real Estate License #6501340801

Five Star Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 6,970

Parking

  • 9 Parking Spaces

Utilities

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

Additional Features

  • Partial Basement
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $2,740
  • Maintenance Expense $600
  • Utility Expense $14,520
  • Operating Expense $22,285
  • Gross Income $54,060
  • Net Operating Income $31,775

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 185000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 9.0
  • General Property Info:Total Parking Spaces: 9.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 54060.0
  • Insurance Expense: 2740.0
  • Maintenance Expense: 600.0
  • Net Operating Income: 31775.0
  • Number of Units Total: 7
  • Operating Expense: 22285.0

Tax Info

  • Tax Annual Amount: 4570.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2015
Closed on
Jul 24, 2015
Sold by
Allyn Investments Llc
Bought by
Fuller Anthony L
Seller's Agent
Justin Gregory
Berkshire Hathaway HomeServices MI
Buyer's Agent
Joani Becker
Five Star Real Estate
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Current Estimated Value
$417,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,384
Avg. Annual Appreciation
9.65%
Original Mortgage
$160,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2005
Sold by
Kraiss Beverly A
Bought by
Allyn 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
$168,000
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2005
Sold by
Kraiss Bruce J
Bought by
Kraiss Beverly A

Purchase Details

Closed on
Sep 3, 2004
Sold by
Kraiss Bruce J
Bought by
Kraiss Beverly A
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
Fuller Anthony L -- Sun Title Agency
Allyn Investments Llc $210,000 Metro
Kraiss Beverly A -- --
Kraiss Beverly A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuller Anthony L $223,000
Closed Fuller Anthony L $160,000
Previous Owner Allyn Investments Llc $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $170,000 -8.1% --
02/07/2015 02/07/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $185,000 -- --
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
2024 $2,872 $148,800 $0 $0
2023 $2,600 $133,900 $0 $0
2022 $5,677 $106,000 $0 $0
2021 $5,346 $96,500 $0 $0
2020 $5,851 $89,600 $0 $0
2019 $5,072 $82,800 $0 $0
2018 $5,230 $77,700 $0 $0
2017 $4,570 $75,600 $0 $0
2016 $4,570 $66,400 $0 $0
2015 $4,570 $65,700 $0 $0
2014 $4,570 $61,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Justin Gregory

    Berkshire Hathaway HomeServices MI

  • Ethel Wilkey-Downs

    Seller Co-Listing Agent in 2015

    Ethel Wilkey-Downs

    Berkshire Hathaway HomeServices MI

    (269) 267-0515

    189 Total Sales

    Ethel Wilkey-Downs
    Section Image
  • Joani Becker

    Buyer's Agent in 2015

    Joani Becker

    Five Star Real Estate

    (269) 271-0907

    59 Total Sales

    Joani Becker
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15001709

Southwestern Michigan Association of REALTORS®

APN: 06-16-447-009

Michigan Kalamazoo County Kalamazoo 49007 Central Business District

122 Allen Blvd, Kalamazoo, MI

This home is located at 122 Allen Blvd, Kalamazoo, MI 49007 since 14 January 2015 and is currently estimated at $417,384. This property was built in 1905. 122 Allen Blvd is a home located in Kalamazoo County with nearby schools including Woods Lake Elementary School, Linden Grove Middle School, and Kalamazoo Central 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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