NOT LISTED FOR SALE

1514 Colgrove Ave Unit 151416 Kalamazoo, MI 49048

Eastwood Neighborhood

Estimated Value: $145,000 - $195,000

4 Beds
2 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold April 18, 2013

Last sale price $55,000

Est. 215% increase in value since last sale

Current estimated payment $1,149/month

132 Days on Market

About This Home

As of April 2013

SEE WWW.ROWETEAM.COM/12055572 FOR ADDITIONAL INFORMATION! This is a Fannie Mae HomePath home. Wow, this is a great opportunity for a duplex! Live in one unit, let the other unit make the payment! Each unit has 2 bedrooms, 1 bath, full basement and a 1 car attached garage. Month-to-month leases currently in place. This property is approved for special HomePath Renovation Financing with low down payment options for qualifying buyers. Please see HomePath website or contact listing agent for more information. Buyer and agent should satisfy themselves as to existence of Principal Residence (Homestead) Exemption and the effect on taxes.

Last Agent to Sell the Property

Al Rowe

RE/MAX Advantage License #6502125668 Listed on: 10/13/2012

RE/MAX Advantage

Co-Listed By

Natalie Rowe

RE/MAX Advantage License #6502397820

Last Buyer's Agent

Steve Nuss

Reed Realty License #6502114496

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1957

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 55000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10454.0

Rental Info

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

Tax Info

  • Tax Annual Amount: 2999.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2012
Closed on
Apr 10, 2013
Sold by
Fannie Mae
Bought by
Mcclanahan Jerry and Mcclanahan Bethanne
Seller's Agent
Al Rowe
RE/MAX Advantage
Buyer's Agent
Steve Nuss
Reed Realty
List Price
$71,950
Sold Price
$55,000
Premium/Discount to List
-$16,950
-23.56%
Total Days on Market
132
Current Estimated Value
$173,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,377
Avg. Annual Appreciation
9.91%
Original Mortgage
$41,250
Outstanding Balance
$29,764
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$143,613

Purchase Details

Closed on
Dec 20, 2011
Sold by
The Huntington National Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2011
Sold by
Aguilar Aydda and Aguilar Gavino
Bought by
The Huntington National Bank
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mcclanahan Jerry $55,000 None Available
Federal National Mortgage Association -- Thoroughbred Title
The Huntington National Bank $109,830 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclanahan Jerry $41,250
Previous Owner Aguilar Aydda $105,375
Previous Owner Aguilar Gavino $94,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2013 04/18/13 Sold $55,000 -23.6% --
02/22/2013 02/22/13 Pending -- -- --
10/13/2012 10/13/12 For Sale $71,950 -- --
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
2024 $2,152 $80,700 $0 $0
2023 $2,050 $67,600 $0 $0
2022 $3,395 $65,300 $0 $0
2021 $3,193 $58,300 $0 $0
2020 $3,146 $54,200 $0 $0
2019 $3,064 $48,100 $0 $0
2018 $2,902 $43,100 $0 $0
2017 $0 $43,100 $0 $0
2016 -- $41,500 $0 $0
2015 -- $40,800 $0 $0
2014 -- $40,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Al Rowe

    Seller's Agent in 2013

    Al Rowe

    RE/MAX Michigan

    (269) 488-6520

    1 Total Sale

    Al Rowe
    Section Image
  • Natalie Rowe

    Seller Co-Listing Agent in 2013

    Natalie Rowe

    RE/MAX Michigan

    (269) 488-7777

    1 in this area

    29 Total Sales

    Natalie Rowe
    Section Image

  • S

    Buyer's Agent in 2013

    Steve Nuss

    Reed Realty

    (269) 324-0512

    1 Total Sale

    Section Image

  • S

    Buyer's Agent in 2013

    Stephen Nuss

    Prudential Preferred, REALTORS

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12055572

Southwestern Michigan Association of REALTORS®

APN: 06-11-480-010

Michigan Kalamazoo County Kalamazoo 49048 Eastwood

1514 Colgrove Ave Unit 151416, Kalamazoo, MI

This home is located at 1514 Colgrove Ave Unit 151416, Kalamazoo, MI 49048 since 13 October 2012 and is currently estimated at $173,377. This property was built in 1957. 1514 Colgrove Ave Unit 151416 is a home located in Kalamazoo County with nearby schools including Comstock Elementary School, Comstock Middle School, and Comstock 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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