Seller's Agent in 2023
Suzanne Scott
Chuck Jaqua, REALTOR
(269) 806-6410
7 in this area
287 Total Sales
1427 Portage St Kalamazoo, MI 49001
Edison NeighborhoodEstimated Value: $122,000 - $186,000
2
Beds
3
Baths
--
Sq Ft
4,008
Sq Ft Lot
Highlights
- 1 Fireplace
- Forced Air Heating System
- Wood Siding
- Corner Lot: Yes
- Baseboard Heating
- 4-minute walk to Reed Street Park
About This Home
As of December 2023Calling all investors! Solid updated three unit rental within a 5-minute drive to downtown Kalamazoo with shopping, restaurants, and other amenities. City rental certified for 3 years with the potential to do a DSCR loan. This home has been beautifully restored with new flooring, new fascia, new soffit, new windows, one new furnace, and fresh paint throughout. First unit offers studio living with a kitchen and full bath. Second unit spans over the second floor and offers a spacious living room with built-ins, full bathroom with large linen closet, kitchen, and bedroom with walk-in closet and door to a private balcony. The third unit is in the back of the house and features a kitchen, full bath, living room with bay window, and spacious bedroom. Side door to the basement with plenty of room for storage. Approximate rent between $2,200 and $2,400 a month. Don't miss your chance to own this rental property!
Last Agent to Sell the Property
Chuck Jaqua, REALTOR License #6501358756 Listed on: 11/10/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,957
Year Built
- Built in 1908
Lot Details
- 4,008 Sq Ft Lot
- Lot Dimensions are 51 x 78
- Corner Lot: Yes
Parking
- 4 Parking Spaces
Home Design
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Basement
- Michigan Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
Community Details
- 3 Units
Listing and Financial Details
- Tenant pays for electric, water, trash collection, sewer, gas
- The owner pays for water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2023
Closed on
Dec 1, 2023
Sold by
Pound Adam
Bought by
Emeritus Capital Llc
Seller's Agent
Suzanne Scott
Chuck Jaqua, REALTOR
Buyer's Agent
Sheila Strong
Strong Properties, LLC
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Views
15
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
-$14,191
Avg. Annual Appreciation
-5.30%
Purchase Details
Listed on
Feb 21, 2023
Closed on
Jul 6, 2023
Sold by
H P Seven Enterprises Llc
Bought by
Pound Adam
Seller's Agent
Bonnie Gronado
i-VEST Real Estate Group
Buyer's Agent
Suzanne Scott
Chuck Jaqua, REALTOR
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Views
254
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
313.43%
Purchase Details
Listed on
Jul 14, 2011
Closed on
Aug 27, 2012
Sold by
Catolica Joseph and Catolica Joyce Ann
Bought by
H P Seven Enterprises Llc
Seller's Agent
Orville Smith
RE/MAX Advantage
Buyer's Agent
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
List Price
$71,900
Sold Price
$45,000
Premium/Discount to List
-$26,900
-37.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$36,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 4, 2007
Sold by
Catolica Joseph and Catolica Joyce Ann
Bought by
Catolica Joseph and Catolica Joyce Ann
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 |
|---|---|---|---|
| Emeritus Capital Llc | $170,000 | None Listed On Document | |
| Pound Adam | $95,000 | None Listed On Document | |
| H P Seven Enterprises Llc | $45,000 | Devon Title | |
| Catolica Joseph | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Emeritus Capital Llc | $1,000,000 | |
| Previous Owner | H P Seven Enterprises Llc | $58,500 | |
| Previous Owner | H P Steven Enterprises Llc | $72,000 | |
| Previous Owner | H P Seven Enterprises Llc | $36,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $170,000 | -2.9% | -- |
| 11/22/2023 11/22/23 | Pending | -- | -- | -- |
| 11/22/2023 11/22/23 | Price Changed | $175,000 | -5.4% | -- |
| 11/10/2023 11/10/23 | For Sale | $185,000 | +94.7% | -- |
| 07/06/2023 07/06/23 | Sold | $95,000 | -13.6% | -- |
| 06/08/2023 06/08/23 | Pending | -- | -- | -- |
| 05/11/2023 05/11/23 | Price Changed | $110,000 | 0.0% | -- |
| 05/11/2023 05/11/23 | For Sale | $110,000 | -26.6% | -- |
| 02/21/2023 02/21/23 | For Sale | $149,900 | +233.1% | -- |
| 08/27/2012 08/27/12 | Sold | $45,000 | -37.4% | -- |
| 07/26/2012 07/26/12 | Pending | -- | -- | -- |
| 07/14/2011 07/14/11 | For Sale | $71,900 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
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 | $1,293 | $57,200 | $0 | $0 |
| 2024 | $1,293 | $45,100 | $0 | $0 |
| 2023 | $1,934 | $39,900 | $0 | $0 |
| 2022 | $1,876 | $33,600 | $0 | $0 |
| 2021 | $1,674 | $29,500 | $0 | $0 |
| 2020 | $2,041 | $26,400 | $0 | $0 |
| 2019 | $1,262 | $21,500 | $0 | $0 |
| 2018 | $1,459 | $19,100 | $0 | $0 |
| 2017 | $1,244 | $19,600 | $0 | $0 |
| 2016 | $1,244 | $19,200 | $0 | $0 |
| 2015 | $1,244 | $18,900 | $0 | $0 |
| 2014 | $1,244 | $17,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
B
Seller's Agent in 2023
Bonnie Gronado
i-VEST Real Estate Group
(269) 232-7771
8 in this area
44 Total Sales
-
Buyer's Agent in 2023
Sheila Strong
Strong Properties, LLC
(269) 598-4146
4 in this area
39 Total Sales
-
O
Seller's Agent in 2012
Orville Smith
RE/MAX Michigan
-
J
Buyer's Agent in 2012
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
(269) 342-5600
3 in this area
49 Total Sales
-
J
Buyer's Agent in 2012
Jeffrey Bertolissi
Prudential Preferred, REALTORS
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23141723
APN: 06-22-484-318
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