NOT LISTED FOR SALE

1303 E Stockbridge Ave Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $116,156 - $129,000

4 Beds
2 Baths
-- Sq Ft
5,706 Sq Ft Lot

Last Sold May 16, 2022

Last sale price $95,000

Est. 27% increase in value since last sale

Current estimated payment $794/month

3 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of May 2022

Investment Opportunity in Kalamazoo with cash flow on day 1. Fully occupied 2-unit. 2 bedroom, 1 bath on main. 2nd floor offers a large 1 bedroom, 1 bath. Utilities are split. New furnace - 2022.

Last Agent to Sell the Property

Anna Simonian

Chuck Jaqua, REALTOR Listed on: 03/12/2022

Last Buyer's Agent

Will Howson

Coldwell Banker Realty License #6501387256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 1910

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 57x100.30

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,531

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 57x100.30
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1530.63
  • Tax Info:Zoning3: unknown
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 105000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 57x100.30
  • Lot Size Sq Ft: 5706.0
  • Zoning Description: unknown
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1530.63
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
May 13, 2022
Sold by
Charlie Jensen
Bought by
1009 Oak Llc
Seller's Agent
Anna Simonian
Chuck Jaqua, REALTOR
Buyer's Agent
Will Howson
Coldwell Banker Realty
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%
Current Estimated Value
$120,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,539
Avg. Annual Appreciation
7.27%
Original Mortgage
$112,500
Interest Rate
4.48%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 8, 2021
Closed on
Mar 29, 2021
Sold by
Abdullah Basil Hussein
Bought by
Jensen Charlie and Mcdermott Melanie
Seller's Agent
Paul Graham
Five Star Real Estate
Buyer's Agent
Anna Simonian
Five Star Real Estate
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.03%

Purchase Details

Listed on
Mar 8, 2021
Closed on
Feb 19, 2021
Sold by
Mec Properties Llc
Bought by
Abdullah Basil Hussein and Shiekho Mohamed
Seller's Agent
Paul Graham
Five Star Real Estate
Buyer's Agent
Anna Simonian
Five Star Real Estate
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%

Purchase Details

Closed on
Mar 11, 2016
Sold by
West Michigan Private Capital Fund I Llc
Bought by
Mce Properties Llc

Purchase Details

Closed on
Aug 29, 2014
Sold by
Tdpi Llc
Bought by
West Michigan Private Capital Fund I Llc

Purchase Details

Closed on
Jan 7, 2010
Sold by
Weaver David
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 17, 2007
Sold by
Weaver David A
Bought by
Tdpi Llc

Purchase Details

Closed on
Feb 14, 2006
Sold by
Weaver David and Weaver Tamara L
Bought by
Tdpi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
1009 Oak Llc $95,000 Chicago Title
Jensen Charlie $70,000 Star Title Agency Llc
Abdullah Basil Hussein $140,000 Bell Title Agency
Mce Properties Llc -- Essential Title Agency Llc
West Michigan Private Capital Fund I Llc -- None Available
Us Bank National Association $6,300 None Available
Tdpi Llc -- None Available
Tdpi Llc -- First American Title
Weaver David $54,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1009 Oak Llc $111,945
Closed 1009 Oak Llc $112,500
Previous Owner Mec Properties Llc $225,000
Previous Owner Mce Propeties Llc $749,000
Previous Owner Tdpi Llc $11,800
Previous Owner Weaver David $48,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $95,000 -9.5% --
03/15/2022 03/15/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $105,000 +50.0% --
03/29/2021 03/29/21 Sold $70,000 -12.5% --
03/11/2021 03/11/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $80,000 +60.0% --
02/19/2021 02/19/21 Sold $50,000 -28.6% --
02/10/2021 02/10/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $70,000 -- --
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 $1,541 $55,700 $0 $0
2024 $1,541 $44,600 $0 $0
2023 $1,339 $39,900 $0 $0
2022 $2,360 $34,100 $0 $0
2021 $1,480 $26,600 $0 $0
2020 $1,454 $24,100 $0 $0
2019 $1,443 $20,600 $0 $0
2018 $1,263 $18,700 $0 $0
2017 $1,613 $19,100 $0 $0
2016 $1,613 $18,600 $0 $0
2015 $1,613 $18,300 $0 $0
2014 $1,613 $17,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Anna Simonian

    Chuck Jaqua, REALTOR

  • Will Howson

    Buyer's Agent in 2022

    Will Howson

    Coldwell Banker Realty

    (269) 615-5660

    13 in this area

    134 Total Sales

    Section Image
  • Paul Graham

    Seller's Agent in 2021

    Paul Graham

    Five Star Real Estate

    (269) 598-6481

    5 in this area

    67 Total Sales

    Section Image

  • M

    Seller's Agent in 2021

    Matt Clouse

    Weichert REALTORS Plat (Main)

    (517) 648-0341

    4 in this area

    20 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22007790

Southwestern Michigan Association of REALTORS®

APN: 06-23-376-224

Michigan Kalamazoo County Kalamazoo 49001 Edison

1303 E Stockbridge Ave, Kalamazoo, MI

This home is located at 1303 E Stockbridge Ave, Kalamazoo, MI 49001 since 12 March 2022 and is currently estimated at $120,539. This property was built in 1910. 1303 E Stockbridge Ave is a home located in Kalamazoo County with nearby schools including Edison Environmental Science Academy, Maple Street Magnet School for the Arts, 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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