NOT LISTED FOR SALE

138 E Stockbridge Ave Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $81,000 - $149,000

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold January 25, 2023

Last sale price $47,000

Est. 151% increase in value since last sale

Current estimated payment $766/month

23 Days on Market

Highlights

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

About This Home

As of January 2023

Great opportunity to have a 2 unit rental produce solid income.

Last Agent to Sell the Property

Tyler Jackson

Five Star Real Estate (Main) License #6501343220 Listed on: 12/27/2022

Five Star Real Estate (Main)

Last Buyer's Agent

Charles Teunis

Bellabay Realty LLC License #6501439451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1913

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50.25 x 66

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

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

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,058

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1913
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50.25 x 66
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1058.0
  • Tax Info:Zoning3: CN-1
  • 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
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 54900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 50.25 x 66
  • Lot Size Sq Ft: 3485.0
  • Zoning Description: CN-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1058.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Mar 17, 2023
Sold by
Jne Rentals Llc
Bought by
138 Stockbridge Llc
Seller's Agent
Tyler Jackson
Five Star Real Estate (Main)
Buyer's Agent
Charles Teunis
Bellabay Realty LLC
List Price
$54,900
Sold Price
$47,000
Premium/Discount to List
-$7,900
-14.39%
Views
27
Current Estimated Value
$117,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,910
Avg. Annual Appreciation
32.15%

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jan 25, 2023
Sold by
Rizvi Syed
Bought by
Jne Rentals Llc
Seller's Agent
Tyler Jackson
Five Star Real Estate (Main)
Buyer's Agent
Charles Teunis
Bellabay Realty LLC
List Price
$54,900
Sold Price
$47,000
Premium/Discount to List
-$7,900
-14.39%
Views
27

Purchase Details

Listed on
Nov 4, 2016
Closed on
Feb 8, 2017
Sold by
Hillsburg Ken and Hillsburg Tammy
Bought by
Olds Jamin B and Tate Michael J
Seller's Agent
Jon Kneepkens
Berkshire Hathaway HomeServices MI
Buyer's Agent
Gary Swartz
Berkshire Hathaway HomeServices MI
List Price
$42,500
Sold Price
$40,000
Premium/Discount to List
-$2,500
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$32,000
Interest Rate
6.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 4, 2016
Closed on
Dec 27, 2016
Sold by
Tarleton Thomas J
Bought by
Hillsburg Ken and Hillsburg Tammy
Seller's Agent
Jon Kneepkens
Berkshire Hathaway HomeServices MI
Buyer's Agent
Gary Swartz
Berkshire Hathaway HomeServices MI
List Price
$42,500
Sold Price
$40,000
Premium/Discount to List
-$2,500
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
138 Stockbridge Llc -- --
Jne Rentals Llc $48,000 --
Olds Jamin B $40,000 Ask Services Inc
Hillsburg Ken $29,500 Title Resource Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rizvi Syed $33,750
Previous Owner Olds Jamin B $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $47,000 -14.4% --
01/19/2023 01/19/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $54,900 +22.0% --
07/27/2020 07/27/20 Sold $45,000 -24.9% --
06/15/2020 06/15/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $59,900 +49.8% --
02/08/2017 02/08/17 Sold $40,000 -5.9% --
11/11/2016 11/11/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $42,500 -- --
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 $1,454 $60,000 $0 $0
2024 $1,454 $50,700 $0 $0
2023 $1,152 $46,300 $0 $0
2022 $2,762 $41,300 $0 $0
2021 $2,558 $37,000 $0 $0
2020 $2,145 $34,000 $0 $0
2019 $2,066 $30,600 $0 $0
2018 $2,208 $32,700 $0 $0
2017 $1,535 $32,500 $0 $0
2016 $1,535 $31,800 $0 $0
2015 $1,535 $29,600 $0 $0
2014 $1,535 $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22051395

Southwestern Michigan Association of REALTORS®

APN: 06-22-378-003