NOT LISTED FOR SALE

Estimated Value: $164,000 - $218,586

-- Bed
3 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold July 06, 2022

Last sale price $150,000

Est. 26% increase in value since last sale

Current estimated payment $1,235/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • Laundry Facilities
  • Corner Lot: Yes

About This Home

As of July 2022

Fantastic investment property with three tenants. Currently rented with owner paying all utilities. The units have access to a laundry facility on the main floor. All three units are identical 2 bedroom 1 bath. Each offering generously sized rooms. Located on a corner lot. If you're looking for your opportunity to jump into the rental business here is your shot!

Last Agent to Sell the Property

Matt Mulder

Keller Williams Kalamazoo Market Center License #6501337795 Listed on: 06/10/2022

Keller Williams Kalamazoo Market Center

Last Buyer's Agent

Lorrie Nelson

eXp Realty LLC License #6502403784

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,658

Year Built

  • Built in 1988

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 96 x 94
  • Corner Lot: Yes

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Crawl Space

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,658

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 139900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: None Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 96 x 94
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3658.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 6, 2022
Sold by
Kalamazoo Property Group Llc
Bought by
Sgnh12 Llc
Seller's Agent
Matt Mulder
Keller Williams Kalamazoo Market Center
Buyer's Agent
Lorrie Nelson
eXp Realty LLC
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%
Total Days on Market
6
Current Estimated Value
$189,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,147
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Apr 28, 2018
Sold by
Chicago Gary
Bought by
Kalamazzo Proerty Geoup Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,300
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2018
Sold by
Re Ventures Llc
Bought by
Chinigo Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,300
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2010
Sold by
Timmerman Damond and Timmerman Tammye
Bought by
Kinetic Equity Partners Llc

Purchase Details

Closed on
Jun 16, 2005
Sold by
Frazee Wayne D and Frazee Winifred M
Bought by
Timmerman Damond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 1, 2001
Sold by
Vander Steen Dirk W and Vander Steen Jean G
Bought by
Frazee Wayne and Frazee Winifred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.86%
Mortgage Type
Stand Alone Second
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
Sgnh12 Llc $150,000 Ata National Title Group
Kalamazzo Proerty Geoup Llc -- Ata National Title Group
Chinigo Gary -- Attorneys Title
Kinetic Equity Partners Llc $25,000 Chicago Title
Timmerman Damond $115,000 Chicago Title
Frazee Wayne -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sgnh 12 Llc $250,000
Previous Owner Chinigo Gary $79,300
Previous Owner 1304 Douglas Avenue Llc $199,000
Previous Owner Timmerman Damond $92,000
Previous Owner Frazee Wayne $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $150,000 +7.2% --
06/16/2022 06/16/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $139,900 -- --
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 $2,774 $99,500 $0 $0
2023 $2,643 $92,100 $0 $0
2022 $3,782 $74,500 $0 $0
2021 $3,658 $71,500 $0 $0
2020 $3,589 $69,000 $0 $0
2019 $3,456 $59,600 $0 $0
2018 $3,602 $50,000 $0 $0
2017 $3,017 $50,200 $0 $0
2016 $3,017 $50,600 $0 $0
2015 $3,017 $46,800 $0 $0
2014 $3,017 $42,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22023325

Southwestern Michigan Association of REALTORS®

APN: 06-09-397-005