NOT LISTED FOR SALE

126 E Stockbridge Ave Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $110,000 - $155,238

3 Beds
2 Baths
-- Sq Ft
2,788 Sq Ft Lot

Last Sold February 23, 2023

Last sale price $125,000

Est. 12% increase in value since last sale

Current estimated payment $877/month

49 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Level Lot

About This Home

As of February 2023

JUST LISTED, DUPLEX that has 2-BR/1-BA Units (up & down) Great income earner. $1700+ in monthly income. Roof is 8 years old & Furnace 10 years old. Renewal of City of Kalamazoo Rental Certification has been completed & passed. Waiting certification to be sent to Seller for new Buyer. Will be completed before closing. Dollar General across the street with Bus Stop close. Not far from the newly renovated Bank Street Farmers Market & Midtown Fresh Market. Walk distance to Crosstown Parkway Park & Kalamazoo Promise qualified. MLS: 22050411

Last Agent to Sell the Property

Lorene Taylor

Jaqua, REALTORS License #6501361650 Listed on: 12/26/2022

Jaqua, REALTORS

Last Buyer's Agent

Meghan McIntyre

Epique Realty License #6501412087

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 1912

Lot Details

  • 2,788 Sq Ft Lot
  • Lot Dimensions are 42 x 66
  • 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
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Community Details

Building Details

  • Insurance Expense $354
  • Maintenance Expense $4,290
  • Manager Expense $580
  • Operating Expense $5,224
  • Gross Income $11,900
  • Net Operating Income $6,676

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,240

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1912
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 42 X 66
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1240.22
  • Tax Info:Zoning3: CN-1
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • 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
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: 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
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 125000.0
  • Lot Features: Sidewalk
  • 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

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2788.0
  • Zoning Description: CN-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 11900.0
  • Insurance Expense: 354.0
  • Maintenance Expense: 4290.0
  • Manager Expense: 580.0
  • Net Operating Income: 6676.0
  • Number of Units Total: 2
  • Operating Expense: 5224.0

Tax Info

  • Tax Annual Amount: 1240.22
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2022
Closed on
Feb 28, 2023
Sold by
Horst Todd J
Bought by
Tomy Alan
Seller's Agent
Lorene Taylor
Jaqua, REALTORS
Buyer's Agent
Meghan McIntyre
Epique Realty
List Price
$125,000
Sold Price
$125,000
Views
58
Current Estimated Value
$139,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,734
Avg. Annual Appreciation
2.87%
Original Mortgage
$122,735
Outstanding Balance
$119,131
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$14,930
Source: Public Records

Range of Values:

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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
Tomy Alan $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomy Alan $122,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $125,000 0.0% --
01/28/2023 01/28/23 Pending -- -- --
12/26/2022 12/26/22 For Sale $125,000 0.0% --
12/13/2022 12/13/22 Pending -- -- --
12/10/2022 12/10/22 For Sale $125,000 -- --
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 $1,339 $55,400 $0 $0
2024 $1,339 $46,700 $0 $0
2023 $657 $42,500 $0 $0
2022 $1,240 $38,000 $0 $0
2021 $1,200 $34,000 $0 $0
2020 $1,177 $30,600 $0 $0
2019 $1,134 $27,500 $0 $0
2018 $1,107 $28,500 $0 $0
2017 $1,117 $27,900 $0 $0
2016 $1,117 $26,800 $0 $0
2015 $1,117 $24,500 $0 $0
2014 $1,117 $23,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lorene Taylor

    Jaqua, REALTORS

    (269) 760-2496

    5 in this area

    140 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Meghan McIntyre

    Epique Realty

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22050411

Southwestern Michigan Association of REALTORS®

APN: 06-22-377-010

Michigan Kalamazoo County Kalamazoo 49001 Edison

126 E Stockbridge Ave, Kalamazoo, MI

This home is located at 126 E Stockbridge Ave, Kalamazoo, MI 49001 since 26 December 2022 and is currently estimated at $136,810. This property was built in 1912. 126 E Stockbridge Ave is a home located in Kalamazoo County with nearby schools including Washington Writers' Academy, Milwood Magnet School, and Loy Norrix 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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