Seller's Agent in 2025
Michael Delmont
Keller Williams Kalamazoo Market Center
(269) 274-2870
1 in this area
13 Total Sales
16 Vale St Battle Creek, MI 49014
Post Franklin Neighborhood
--
Bed
--
Bath
--
Sq Ft
5,663
Sq Ft Lot
Highlights
- 1 Fireplace
- Wood Siding
- Gravity Heating System
- High Speed Internet
About This Home
As of March 2025Investor Alert! Don't miss out on this 3-unit apartment building located between Post & Kellogg's in Battle Creek, which will generate $2,800/month in rental income, this property well exceeds the 2% rule and will provide positive cash flow immediately.
The first floor features a spacious 2-bedroom, 1-bath unit, while the second floor offers two additional 2-bedroom, 1-bath units. All units are fully leased, providing immediate cash flow for a turn-key investment.
This property is a great addition to any portfolio. Whether you're a seasoned investor or starting out, this is your chance to secure consistent income with future growth potential.
Last Agent to Sell the Property
Keller Williams Kalamazoo Market Center License #6501446205 Listed on: 11/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,487
Year Built
- Built in 1920
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 41.25 x 132
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1 Fireplace
Basement
- Michigan Basement
- Laundry in Basement
Parking
- 5 Parking Spaces
- Gravel Driveway
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Gravity Heating System
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Community Details
- 3 Units
- Caines Addition Subdivision
Listing and Financial Details
- The owner pays for trash collection, electricity, water, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2024
Closed on
Mar 6, 2025
Sold by
Ramos Manley B
Bought by
Trob Properties Llc
Seller's Agent
Michael Delmont
Keller Williams Kalamazoo Market Center
Buyer's Agent
Chip Spranger
RE/MAX Perrett Associates
List Price
$99,900
Sold Price
$120,000
Premium/Discount to List
$20,100
20.12%
Views
44
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
-$5,552
Avg. Annual Appreciation
-8.74%
Original Mortgage
$89,600
Outstanding Balance
$89,374
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$26,103
Purchase Details
Listed on
Nov 15, 2024
Closed on
Feb 28, 2025
Sold by
Norrod Richard A and Norrod Betty L
Bought by
Larry J Wright Living Turst
Seller's Agent
Michael Delmont
Keller Williams Kalamazoo Market Center
Buyer's Agent
Chip Spranger
RE/MAX Perrett Associates
List Price
$99,900
Sold Price
$120,000
Premium/Discount to List
$20,100
20.12%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Outstanding Balance
$89,374
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$26,103
Purchase Details
Closed on
Sep 14, 2016
Sold by
Wright Larry J
Bought by
Wright Larry J and Larry J Wright Living Trust
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | Chicago Title | |
| Warranty Deed | $35,000 | Chicago Title | |
| Quit Claim Deed | -- | Chicago Title | |
| Land Contract | -- | -- | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $89,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $120,000 | +20.1% | -- |
| 12/11/2024 12/11/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | For Sale | $99,900 | -- | -- |
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 | -- | $40,900 | $0 | $0 |
| 2024 | $1,061 | $43,111 | $0 | $0 |
| 2023 | $1,350 | $43,790 | $0 | $0 |
| 2022 | $959 | $35,922 | $0 | $0 |
| 2021 | $1,283 | $25,562 | $0 | $0 |
| 2020 | $1,208 | $20,143 | $0 | $0 |
| 2019 | $1,255 | $19,283 | $0 | $0 |
| 2018 | $1,255 | $18,681 | $413 | $18,268 |
| 2017 | $1,491 | $21,268 | $0 | $0 |
| 2016 | $1,539 | $30,000 | $0 | $0 |
| 2015 | $1,518 | $23,846 | $2,129 | $21,717 |
| 2014 | $1,518 | $23,846 | $2,129 | $21,717 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Chip Spranger
RE/MAX Michigan
(512) 992-3525
7 in this area
145 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24059615
APN: 1490-00-064-0
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