NOT LISTED FOR SALE

141 Reed Ave Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $120,000 - $136,537

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

Last Sold August 25, 2022

Last sale price $118,000

Est. 9% increase in value since last sale

Current estimated payment $814/month

6 Days on Market

About This Home

As of August 2022

Excellent Investment Opportunity & Income Potential! This duplex offers two 3 bedroom, 1 bath units.
Building is city certified through 8/6/2023.
Unit 1: $750/month, leased until 3/31/23
Unit 2: $750/month, leased until 9/16/23

Last Agent to Sell the Property

Jessica Fox

Jaqua, REALTORS Listed on: 06/30/2022

Jaqua, REALTORS

Last Buyer's Agent

Andrew Grashuis

Greenridge Realty (EGR)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1907

Lot Details

  • 8,712

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Stucco

Additional Features

  • 8,712 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,243

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Stucco
  • List Price: 125000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2243.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 24, 2022
Sold by
Aspiz Ira
Bought by
Kozmic Real Estate Holdings Llc
Seller's Agent
Jessica Fox
Jaqua, REALTORS
Buyer's Agent
Andrew Grashuis
Greenridge Realty (EGR)
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%
Current Estimated Value
$128,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,134
Avg. Annual Appreciation
4.56%
Original Mortgage
$90,750
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2017
Closed on
Apr 7, 2017
Sold by
Williams Andrew
Bought by
Aspiz Ira
Seller's Agent
Jessica Fox
Jaqua, REALTORS
Buyer's Agent
Jessica Fox
Jaqua, REALTORS
List Price
$45,000
Sold Price
$39,000
Premium/Discount to List
-$6,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.80%

Purchase Details

Closed on
Nov 6, 2008
Sold by
Mendoza Cesar
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 2, 2007
Sold by
Snyder Kolby L and Snyder Steven D
Bought by
Mendoza Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 21, 2006
Sold by
Snyder Kolby L and Snyder Steven D
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 26, 2002
Sold by
Leppen Rick and Leppen Ricky Clark
Bought by
Interbay Funding Llc
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
Kozmic Real Estate Holdings Llc $118,000 Chicago Title
Aspiz Ira $39,000 Ask Services Inc
Aurora Loan Services Llc $59,840 None Available
Mendoza Cesar $78,000 Metro
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $54,272 None Available
Interbay Funding Llc $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kozmic Real Estate Holdings Ll $417,000
Closed Kozmic Real Estate Holdings Llc $90,750
Previous Owner Mendoza Cesar $70,200
Previous Owner Snyder Steven D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $118,000 -5.6% --
07/06/2022 07/06/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $125,000 +220.5% --
04/06/2017 04/06/17 Sold $39,000 -13.3% --
03/20/2017 03/20/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $45,000 -- --
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 $1,406 $59,800 $0 $0
2024 $1,406 $50,500 $0 $0
2023 $1,457 $46,700 $0 $0
2022 $2,319 $41,900 $0 $0
2021 $2,243 $38,200 $0 $0
2020 $2,276 $34,600 $0 $0
2019 $2,120 $31,400 $0 $0
2018 $2,228 $33,000 $0 $0
2017 $2,324 $32,400 $0 $0
2016 $2,324 $30,800 $0 $0
2015 $2,324 $28,400 $0 $0
2014 $2,324 $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Fox

    Seller's Agent in 2022

    Jessica Fox

    Jaqua, REALTORS

    (269) 330-7738

    4 in this area

    58 Total Sales

    Jessica Fox
    Section Image
  • Andrew Grashuis

    Buyer's Agent in 2022

    Andrew Grashuis

    Greenridge Realty (EGR)

    (616) 291-4176

    3 in this area

    140 Total Sales

    Andrew Grashuis
    Section Image

  • P

    Seller Co-Listing Agent in 2017

    Paul McIntyre

    Jaqua REALTORS

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22027066

Southwestern Michigan Association of REALTORS®

APN: 06-22-398-011

Michigan Kalamazoo County Kalamazoo 49001 Edison

141 Reed Ave, Kalamazoo, MI

This home is located at 141 Reed Ave, Kalamazoo, MI 49001 since 30 June 2022 and is currently estimated at $128,134. This property was built in 1907. 141 Reed Ave is a home located in Kalamazoo County with nearby schools including Washington Writers' Academy, Milwood Magnet School, 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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