$70,000
SOLD MAR 29, 2021

1303 E Stockbridge Ave Kalamazoo, MI 49001

Edison Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,706 Sq Ft Lot

Recently Sold

12% Below List Price

3 Days on Market

Highlights

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

About This Home

As of May 2022

Fully occupied 2 unit will cash flow for you on day one. 2 bed 1 bath on the main; large 1 bed 1 bath upstairs. Utilities are split.

Last Agent to Sell the Property

Paul Graham

Five Star Real Estate License #6501385788 Listed on: 03/08/2021

Five Star Real Estate

Last Buyer's Agent

Anna Simonian

Five Star Real Estate License #6501335591

Five Star Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1910

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 57 x 100

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

$1,450

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: 57 x 100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1450.0
  • 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: 80000.0
  • 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: 57 x 100
  • 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: 1450.0
  • Tax Year: 2020

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 Type Sale Price Title Company
Warranty Deed $95,000 Chicago Title
Warranty Deed $70,000 Star Title Agency Llc
Warranty Deed $140,000 Bell Title Agency
Land Contract -- Essential Title Agency Llc
Deed -- None Available
Sheriffs Deed $6,300 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- First American Title
Warranty Deed $54,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,945 New Conventional
Closed $112,500 Construction
Previous Owner $225,000 Stand Alone Second
Previous Owner $749,000 Commercial
Previous Owner $11,800 Stand Alone First
Previous Owner $48,600 Fannie Mae Freddie Mac
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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21006868

Southwestern Michigan Association of REALTORS®

APN: 06-23-376-224