NOT LISTED FOR SALE

1323 Sutherland Ave Kalamazoo, MI 49006

Knollwood Neighborhood

Estimated Value: $256,000 - $318,000

3 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold January 06, 2017

Last sale price $180,000

Est. 52% increase in value since last sale

Current estimated payment $2,031/month

192 Days on Market

About This Home

As of January 2017

Part of a unique 25 Bed, 4 Unit Student Housing Investment Portfolio will provide an excellent return to any investor! Located walking distance from campus and Downtown Kalamazoo amenities! 6 bedrooms, 2 1/2 bathrooms. Excellent condition and cash flows! Can be purchased individually. See broker for financials. Seller is a licensed realtor in the State of Michigan.

Last Agent to Sell the Property

Don Wallace

Callander Commercial License #6501292643 Listed on: 06/06/2016

Last Buyer's Agent

Joyce Wiles

Callander Commercial License #6501262910

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,542

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 81' x 132'

Parking

  • 5 Parking Spaces

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,542

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1955
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 81' x 132'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3541.66
  • Tax Info:Zoning3: RM-15C
  • General Property Info:Total _pound_ Units: 1
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Other

Exterior Features

  • Construction Materials: Brick
  • List Price: 275000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10672.0
  • Zoning Description: RM-15C
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 3541.66
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jan 6, 2017
Sold by
1323 Sutherland Avenue Llc
Bought by
Pham Dao Thi Bich and Dao Thi Bich Pham Living Revocable Trust
Seller's Agent
Don Wallace
Callander Commercial
Buyer's Agent
Joyce Wiles
Callander Commercial
List Price
$275,000
Sold Price
$180,000
Premium/Discount to List
-$95,000
-34.55%
Current Estimated Value
$274,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,435
Avg. Annual Appreciation
3.59%
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
Pham Dao Thi Bich $180,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1323 Sutherland Avenue Llc $103,500
Previous Owner 1023 Lafayette Avenue Llc $106,558
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $180,000 -34.5% --
12/15/2016 12/15/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $275,000 -- --
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 $6,982 $113,000 $0 $0
2024 $2,893 $107,300 $0 $0
2023 $2,757 $99,100 $0 $0
2022 $6,332 $91,500 $0 $0
2021 $6,147 $88,900 $0 $0
2020 $6,100 $91,500 $0 $0
2019 $5,875 $92,800 $0 $0
2018 $5,726 $84,800 $0 $0
2017 $4,215 $81,400 $0 $0
2016 $4,215 $79,600 $0 $0
2015 $4,215 $48,300 $0 $0
2014 $4,215 $71,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Don Wallace

    Callander Commercial

  • J

    Buyer's Agent in 2017

    Joyce Wiles

    Callander Commercial

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16027978

Southwestern Michigan Association of REALTORS®

APN: 06-20-377-028

Michigan Kalamazoo County Kalamazoo 49006 Knollwood

1323 Sutherland Ave, Kalamazoo, MI

This home is located at 1323 Sutherland Ave, Kalamazoo, MI 49006 since 06 June 2016 and is currently estimated at $274,435. This property was built in 1955. 1323 Sutherland Ave is a home located in Kalamazoo County with nearby schools including Woodward School for Technology & Research, 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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