Seller's Agent in 2020
Andrew Gyorkos
Kalamazoo Commercial Real Estate
(269) 760-5201
23 Total Sales
1312 S Westnedge Ave Kalamazoo, MI 49008
Vine NeighborhoodEstimated Value: $120,000 - $163,000
4
Beds
2
Baths
--
Sq Ft
7,362
Sq Ft Lot
Highlights
- 0.17 Acre Lot
- Wood Siding
- 3-minute walk to Axtell Creek Park
- Forced Air Heating System
About This Home
As of October 2020This house is 1 of 5 houses in a rental portfolio sale. All 5 houses were completely renovated including, but not limited to; new electrical, plumbing, furnaces, roofs, kitchens/bathrooms. Both duplexes have separate utilities. ~100% occupancy through the lifetime of the portfolio! Most active leases have supporting Guarantee Agreements for tenants. Buyers will be required to sign a Non-Disclosure Agreement, as well as prove financial capability before any financial information will be shared. The units are occupied, so please do not approach Tenants. The owner is a licensed MI real estate Broker
Last Agent to Sell the Property
Kalamazoo Commercial Real Estate License #6502406462 Listed on: 03/19/2020
Last Buyer's Agent
Kalamazoo Commercial Real Estate License #6502406462 Listed on: 03/19/2020
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,950
Year Built
- Built in 1890
Lot Details
- 7,362
Parking
- 4 Parking Spaces
Home Design
- Wood Siding
Utilities
- Forced Air Heating System
- Natural Gas Connected
- Cable TV Available
Additional Features
- Michigan Basement
- 7,362 Sq Ft Lot
Listing and Financial Details
- Tenant pays for electricity, water, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2020
Closed on
Sep 30, 2020
Sold by
Gyorkos Andrew and Gyorkos Amy
Bought by
Walter Stuart and Walter Julie
Seller's Agent
Andrew Gyorkos
Kalamazoo Commercial Real Estate
Buyer's Agent
Andrew Gyorkos
Kalamazoo Commercial Real Estate
List Price
$119,500
Sold Price
$114,667
Premium/Discount to List
-$4,833
-4.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,847
Avg. Annual Appreciation
5.28%
Purchase Details
Closed on
Oct 14, 2008
Sold by
Gyorkos Andrew and Gyorkos Amy
Bought by
Gyorkos Andrew and Gyorkos Amy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,750
Interest Rate
6.41%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 19, 2008
Sold by
Wells Fargo Bank Na
Bought by
Wachovia Bank Na and Wfalt 2005-02
Purchase Details
Closed on
May 10, 2007
Sold by
Hixon Rodney P
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jun 30, 2005
Sold by
Cole Gary Mike and Cole Melinda
Bought by
Hixon Rodney P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.37%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walter Stuart | -- | Sun Title Agency Llc | |
| Gyorkos Andrew | -- | Devon Title | |
| Wachovia Bank Na | -- | Attorneys Title Agency | |
| Wells Fargo Bank Na | $100,432 | None Available | |
| Hixon Rodney P | $125,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gyorkos Andrew | $75,750 | |
| Previous Owner | Hixon Rodney P | $112,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2020 10/12/20 | Sold | $114,667 | +9455.6% | -- |
| 07/17/2020 07/17/20 | Pending | -- | -- | -- |
| 07/15/2020 07/15/20 | Rented | -- | -- | -- |
| 07/15/2020 07/15/20 | Under Contract | -- | -- | -- |
| 04/08/2020 04/08/20 | For Rent | $1,200 | 0.0% | -- |
| 03/19/2020 03/19/20 | For Sale | $119,500 | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $3,408 | $59,700 | $0 | $0 |
| 2024 | $1,552 | $54,900 | $0 | $0 |
| 2023 | $1,251 | $49,000 | $0 | $0 |
| 2022 | $2,982 | $43,200 | $0 | $0 |
| 2021 | $2,779 | $40,200 | $0 | $0 |
| 2020 | $2,087 | $37,300 | $0 | $0 |
| 2019 | $1,961 | $32,900 | $0 | $0 |
| 2018 | $2,162 | $29,700 | $0 | $0 |
| 2017 | $1,929 | $28,800 | $0 | $0 |
| 2016 | $1,929 | $26,300 | $0 | $0 |
| 2015 | $1,929 | $26,400 | $0 | $0 |
| 2014 | $1,929 | $25,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Gyorkos
-
T.J. Ward
Seller Co-Listing Agent in 2020
T.J. Ward
Kalamazoo Commercial Real Estate
(269) 569-4289
3 in this area
21 Total Sales
Map
Source: MichRIC
MLS Number: 19051821
APN: 06-21-449-070
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