NOT LISTED FOR SALE

1403 Sherwood Ave Kalamazoo, MI 49048

Eastside Neighborhood

Estimated Value: $127,000 - $166,000

2 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold August 11, 2023

Last sale price $150,000

Current estimated payment $929/month

86 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Laundry Facilities
  • Corner Lot: Yes
  • 4 Car Garage
  • Wood Siding

About This Home

As of August 2023

RENTAL CITY CERTIFIED THROUGH 10/2025. Great rental opportunity with this duplex that is cash flowing $1800 a month! Utilities are separated for each unit. There is a basement for extra storage, a 4 car garage, and is located on a corner lot. This property could be used as an owner occupy opportunity as both tenants are on month-to-month leases. Seller will entertain land contract offers @ 30% Down, 9% Interest, 5 year balloon. Call today to schedule your private showing!

Last Agent to Sell the Property

George Wright

FitzWright Real Estate LLC License #6502431841 Listed on: 05/17/2023

Co-Listed By

Kacey Wright

FitzWright Real Estate LLC License #6501418333

Last Buyer's Agent

Matthew Luce

Real5 License #6501404157

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 4 Car Garage
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,897

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2897.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • 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
  • Lot Description:Corner Lot: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 159900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2897.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Jan 16, 2020
Sold by
Ray Tyler W
Bought by
Rossopoly Llc
Seller's Agent
Luke Schrader
Keller Williams Kalamazoo Market Center
Buyer's Agent
George Wright
Keller Williams Kalamazoo Market Center
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%
Current Estimated Value
$149,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,365
Avg. Annual Appreciation
19.11%

Purchase Details

Closed on
Aug 25, 2010
Sold by
Blr Properties Llc
Bought by
Ray Tyler W

Purchase Details

Closed on
Jun 21, 2010
Sold by
Ray Brenda Lynn
Bought by
Blr Properties Llc

Purchase Details

Closed on
Jan 14, 2010
Sold by
Ray Brenda Lynn
Bought by
Ray Brenda Lynn

Purchase Details

Closed on
Aug 19, 2008
Sold by
Ray Lyle P
Bought by
Mccormick Brenda Lynn
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
Rossopoly Llc $50,000 None Available
Ray Tyler W -- None Available
Blr Properties Llc -- None Available
Ray Brenda Lynn -- None Available
Ray Brenda Lynn -- None Available
Ray Brenda Lynn -- None Available
Mccormick Brenda Lynn -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $150,000 -6.2% --
07/06/2023 07/06/23 Price Changed $159,900 -3.1% --
05/17/2023 05/17/23 For Sale $165,000 +230.0% --
01/16/2020 01/16/20 Sold $50,000 -33.3% --
01/07/2020 01/07/20 Pending -- -- --
09/03/2019 09/03/19 For Sale $75,000 -- --
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 $1,463 $63,300 $0 $0
2024 $1,463 $51,000 $0 $0
2023 $1,329 $46,500 $0 $0
2022 $2,879 $39,900 $0 $0
2021 $2,448 $35,400 $0 $0
2020 $1,995 $31,600 $0 $0
2019 $2,429 $25,900 $0 $0
2018 $2,847 $27,200 $0 $0
2017 $2,649 $27,900 $0 $0
2016 $2,649 $25,000 $0 $0
2015 $2,649 $25,200 $0 $0
2014 $2,649 $24,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    George Wright

    FitzWright Real Estate LLC

    (269) 599-0214

    1 in this area

    60 Total Sales

    George Wright
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kacey Wright

    FitzWright Real Estate LLC

  • Matthew Luce

    Buyer's Agent in 2023

    Matthew Luce

    Real5

    (616) 638-0525

    1 in this area

    120 Total Sales

    Matthew Luce
    Section Image

  • L

    Seller's Agent in 2020

    Luke Schrader

    Keller Williams Kalamazoo Market Center

    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Krista Schrader

    Keller Williams Kalamazoo Market Center

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23015973

Southwestern Michigan Association of REALTORS®

APN: 06-14-188-005

Michigan Kalamazoo County Kalamazoo 49048 Eastside

1403 Sherwood Ave, Kalamazoo, MI

This home is located at 1403 Sherwood Ave, Kalamazoo, MI 49048 since 17 May 2023 and is currently estimated at $149,365. This property was built in 1890. 1403 Sherwood Ave is a home located in Kalamazoo County with nearby schools including Spring Valley Center for Exploration, Linden Grove Middle School, and Kalamazoo Central 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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