NOT LISTED FOR SALE

Estimated Value: $100,326 - $134,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $58,250

Est. 103% increase in value since last sale

Current estimated payment $751/month

3 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of February 2021

Two unit investment property located in the Edison neighborhood. Corner lot with parking and a small yard. Sprawling main floor unit boasts 2 bedrooms plus a bonus room, kitchen, two dining areas, living room, full bath, and direct access to the shared basement. Upper unit with separate entrance features 1 bedroom, full bath, eat-in kitchen with pantry area, and living/dining area. Both units have access to the shared Michigan basement. Separate utilities for each unit (landlord pays water/sewer). Newer furnaces & hot water heaters. Easy opportunity to own desirable rental property in Kalamazoo.

Last Agent to Sell the Property

Gina Molinari

Evenboer Walton, REALTORS License #6501429896 Listed on: 12/10/2020

Co-Listed By

Rob Evenboer

Evenboer Walton, REALTORS License #6501429892

Last Buyer's Agent

Rob Evenboer

Evenboer Walton, REALTORS License #6501429892

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1905

Lot Details

  • 6,098

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,098 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,319

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 74900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1318.97
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Jaimes Francisco and Lopez Francisca
Bought by
Wheeler Joseph J and Wheeler Jennifer M
Current Estimated Value
$118,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 29, 2009
Sold by
Zeaiter Elizabeth
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 21, 2006
Sold by
Zeaiter Elizabeth
Bought by
Zeaiter Elizabeth and Troxell Chad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,500
Interest Rate
6.68%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 2, 2006
Sold by
Fhg-2 Enterprises Llc
Bought by
Zeaiter Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,500
Interest Rate
6.68%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 27, 2003
Sold by
Monck Robert E and Monck Kathryn
Bought by
Fhg-2 Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Wheeler Joseph J $58,250 Devon Title Agency
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $64,445 None Available
Zeaiter Elizabeth -- Devon Title
Zeaiter Elizabeth $77,700 Devon Title
Fhg-2 Enterprise Llc $74,900 Metro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wheeler Joseph J $39,000
Previous Owner Zeaiter Elizabeth $15,500
Previous Owner Zeaiter Elizabeth $62,150
Previous Owner Fhg-2 Enterprise Llc $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $58,250 -22.2% --
12/13/2020 12/13/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $74,900 -- --
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 $1,284 $67,800 $0 $0
2024 $1,284 $53,900 $0 $0
2023 $1,223 $47,900 $0 $0
2022 $2,810 $40,600 $0 $0
2021 $1,709 $34,500 $0 $0
2020 $1,567 $30,600 $0 $0
2019 $1,385 $25,200 $0 $0
2018 $1,704 $22,800 $0 $0
2017 $1,454 $23,300 $0 $0
2016 $1,454 $22,900 $0 $0
2015 $1,454 $22,500 $0 $0
2014 $1,454 $20,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20048294

Southwestern Michigan Association of REALTORS®

APN: 06-23-384-362