NOT LISTED FOR SALE

1516 Nazareth Rd Kalamazoo, MI 49048

Eastwood Neighborhood

Estimated Value: $243,000 - $253,000

4 Beds
2 Baths
-- Sq Ft
0.49 Acres

Last Sold June 04, 2024

Last sale price $225,000

Est. 10% increase in value since last sale

Current estimated payment $1,847/month

4 Days on Market

Highlights

  • Wooded Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Hard to find Kalamazoo Township duplex sitting on nearly a 1/2 acre lot. Featuring two 2-bed 1-bath units (upper and lower), rents have historically been $1000-1,300/mo with utilities being billed back to the tenants. Units have been recently updated with new flooring, paint, and light fixtures, new roof in 2021. Each has a storage shed, plenty of off street parking and a large private back yard. Upper unit has laundry machines in unit, lower has hookups. Great for an investor or owner occupant!

Last Agent to Sell the Property

Adam Atwood

Five Star Real Estate License #6506047769 Listed on: 04/20/2024

Five Star Real Estate

Last Buyer's Agent

Amanda Atwood

Five Star Real Estate

Five Star Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1969

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 53x406
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Parking

  • 8 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,346

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 53x406
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3345.81
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central 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
  • Driveway:Unpaved: Yes
  • Utilities Attached:Telephone Line: Yes
  • Laundry Features Washer Hookup: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 225000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: None Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Dimensions: 53x406
  • Lot Size Sq Ft: 21519.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3345.81
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
Jun 4, 2024
Sold by
Nazmag Llc
Bought by
A & 3M Inc
Seller's Agent
Adam Atwood
Five Star Real Estate
Buyer's Agent
Amanda Atwood
Five Star Real Estate
List Price
$225,000
Sold Price
$225,000
Views
29
Current Estimated Value
$248,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,144
Avg. Annual Appreciation
7.82%
Original Mortgage
$180,000
Outstanding Balance
$178,047
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$70,097

Purchase Details

Closed on
Aug 28, 2023
Sold by
Joint Revocable Trust
Bought by
Nazmag Llc

Purchase Details

Closed on
May 31, 2012
Sold by
Doud Randall A
Bought by
Doud Randall A and Doud Janet M
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
A & 3M Inc $225,000 Chicago Title
Nazmag Llc -- Sun Title Agency Of Michigan
Doud Randall A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & 3M Inc $180,000
Closed Nazmag Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $225,000 0.0% --
04/24/2024 04/24/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $225,000 -- --
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 $6,432 $103,900 $0 $0
2024 $936 $87,300 $0 $0
2023 $464 $84,900 $0 $0
2022 $3,115 $78,100 $0 $0
2021 $2,949 $67,600 $0 $0
2020 $2,903 $61,300 $0 $0
2019 $2,796 $55,700 $0 $0
2018 $2,725 $47,200 $0 $0
2017 $0 $47,200 $0 $0
2016 -- $42,000 $0 $0
2015 -- $37,700 $0 $0
2014 -- $35,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Atwood

    Seller's Agent in 2024

    Adam Atwood

    Five Star Real Estate

    (269) 377-4589

    4 in this area

    151 Total Sales

    Adam Atwood
    Section Image
  • Amanda Atwood

    Buyer's Agent in 2024

    Amanda Atwood

    Five Star Real Estate

    (269) 267-1848

    1 in this area

    74 Total Sales

    Amanda Atwood
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24018951

Southwestern Michigan Association of REALTORS®

APN: 06-12-435-272

Michigan Kalamazoo County Kalamazoo 49048 Eastwood

1516 Nazareth Rd, Kalamazoo, MI

This home is located at 1516 Nazareth Rd, Kalamazoo, MI 49048 since 20 April 2024 and is currently estimated at $248,144. This property was built in 1969. 1516 Nazareth Rd is a home located in Kalamazoo County with nearby schools including Northeastern Elementary School, 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes