NOT LISTED FOR SALE

Estimated Value: $133,000 - $233,268

4 Beds
3 Baths
-- Sq Ft
0.45 Acres Lot

Sale Details

Date Sold: August 31, 2023

Last sale price $126,000

Est. 31% increase in value since last sale

Current estimated payment $1,039 / mo

80 Days on Market

About This Home

As of August 2023

Introducing an architectural diamond in the rough, nestled in the heart of Kalamazoo! This spacious multifamily home, with a distinctive edge, is aching for a visionary to reveal its true potential. With a little tender, loving care, fresh paint and new floors, it could become the jewel of the neighborhood.
Standing tall on two city lots, this home is a testament to the charm of yesteryears. On the ground floor, you'll find two generously-sized bedrooms, one of which boasts a walk-in cedar closet, lending a vintage appeal that is both aesthetically pleasing and practical. Downstairs also features a large 3 seasons room, ready to be transformed into a cozy retreat or a lively entertainment hub. The ground floor also features a well-sized kitchen, a blank canvas for you to design your dream culinary space. The kitchen opens up to the back yard, revealing the detached garage an invaluable asset for storage or potential workspace. Ascend the staircase to find a separate residence, accessible through its own entrance, providing privacy while offering potential for a rental income. Alternatively, this space could easily be converted back into a single-family home. The upper level houses two large bedrooms and a charming kitchen, redolent with an aura of nostalgia. A spacious room currently serving as a living room could be converted into a potential third bedroom, based on your needs. Perhaps the most intriguing aspect of this property is the second vacant lot that is included in the sale. It provides a verdant extension to the already sizable yard or a blank slate for an exciting new construction project. This home is not for the faint of heart; it calls for a person with a keen eye, a creative mind, and the courage to embark on a journey of transformation. If you're ready to take on the challenge and reap the rewards, this Kalamazoo gem could be the perfect project for you. Unleash the potential of this multifamily home and turn it into the talk of the town.

Last Agent to Sell the Property

Therese Zieleniewski

Zac Folsom Group License #6501434728 Listed on: 07/31/2023

Last Buyer's Agent

Therese Zieleniewski

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1908

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 60.93x135.53x142.8x85.7

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,018

Year Built

Built in 1908

Lot Details

0.45 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1908
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60.93X135.53X142.8X85.7
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Michigan Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 110000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Dimensions: 60.93X135.53X142.8X85.7
  • Lot Size Sq Ft: 19602.0

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2017.66
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Aug 30, 2023
Sold by
Buyce Beverly J
Bought by
Albrecht Justin
Seller's Agent
Therese Zieleniewski
Zac Folsom Group
Buyer's Agent
Therese Zieleniewski
Zac Folsom Group
List Price
$110,000
Sold Price
$126,000
Premium/Discount to List
$16,000
14.55%
Views
25
Current Estimated Value
$164,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,773
Avg. Annual Appreciation
12.68%
Original Mortgage
$94,500
Outstanding Balance
$92,496
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$80,821
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Albrecht Justin $126,000 Ata National Title Group
Albrecht Justin $126,000 Ata National Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albrecht Justin $94,500
Closed Albrecht Justin $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $126,000 +14.5% --
08/04/2023 08/04/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $110,000 0.0% --
05/19/2023 05/19/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $110,000 -- --
Source: MichRIC

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 $1,978 $77,700 $0 $0
2024 $1,879 $65,500 $0 $0
2023 $1,089 $60,300 $0 $0
2022 $2,018 $54,200 $0 $0
2021 $1,951 $49,200 $0 $0
2020 $1,912 $45,100 $0 $0
2019 $1,828 $40,600 $0 $0
2018 $1,786 $42,600 $0 $0
2017 $1,797 $41,800 $0 $0
2016 $1,797 $39,800 $0 $0
2015 $1,797 $36,800 $0 $0
2014 $1,797 $33,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23015782

MichRIC

APN: 06-27-141-014

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