NOT LISTED FOR SALE

216 Stuart Ave Kalamazoo, MI 49007

Stuart Neighborhood

Estimated Value: $565,499

-- Bed
1 Bath
-- Sq Ft
0.32 Acres

Last Sold July 17, 2015

Last sale price $270,000

Est. 109% increase in value since last sale

Current estimated payment $3,926/month

244 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Wood Siding
  • 4-minute walk to West Main Park
  • 9 Car Garage

About This Home

As of July 2015

Exceptional historic 8 unit within the Stuart Historic District. Located across the street from McDuffe Gardens. Annual income is nearly $45,000. Ideal for owner occupied with deluxe large main floor unit or entire main floor has 3 units-all of which could be converted into one super large 2 BR 3 Full bath unit. Excellent rental history. First time available in nearly 20 years! Many natural quality and charming features throughout this outstanding home. Newer 2 Car. Courtyard available as well. Back staircases offered. 3 Furnaces. 2 Water Heaters. Seller has replaced one of the furnace and water heaters in December 2014. Apartment 1 has a full size dishwasher. Apartment 4 has an apartment size dishwasher. City certification-6/30/16. Only qualified buyers please. There are two separate laundry areas. One is on the north side of the building using the basement access marked for apartment 7. The other is on the south side of the building using the basement access marked for apartment 6. Each area serves 4 apartments. Owner provides both sets of washers & dryers; they are not coin operated.

Last Agent to Sell the Property

Jeff Bertolissi

Berkshire Hathaway HomeServices MI License #6502334351 Listed on: 10/22/2014

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Jeffrey Bertolissi

Prudential Preferred, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 72 x 198

Parking

  • 9 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $4,596
  • Utility Expense $5,555
  • Gross Income $44,040

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1895
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:Lot Dimensions: 72 x 198
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 7588.0
  • General Property Info:Total _pound_ Units: 8
  • 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
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 299900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 9.0
  • General Property Info:Total Parking Spaces: 9.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 44040.0
  • Insurance Expense: 4596.0
  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 7588.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Jul 17, 2015
Sold by
216 Stuart Llc
Bought by
Patrick & Candance Walters Living Trust
Seller's Agent
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
List Price
$325,000
Sold Price
$270,000
Premium/Discount to List
-$55,000
-16.92%
Current Estimated Value
$565,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,499
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Jun 5, 2009
Sold by
Carlson Wade and Mcmann Kevin
Bought by
216 Stuart Llc
Source: Public Records

Range of Values:

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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
Patrick & Candance Walters Living Trust $270,000 Title Resource Agency
216 Stuart Llc -- None Available
Carlson Wade -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $270,000 -16.9% --
06/23/2015 06/23/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $325,000 -- --
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 $11,136 $248,700 $0 $0
2024 $5,114 $246,200 $0 $0
2023 $4,062 $273,800 $0 $0
2022 $9,327 $214,900 $0 $0
2021 $9,021 $197,500 $0 $0
2020 $8,851 $181,000 $0 $0
2019 $8,524 $170,100 $0 $0
2018 $8,327 $155,700 $0 $0
2017 $7,875 $148,200 $0 $0
2016 $7,875 $119,700 $0 $0
2015 $7,875 $118,600 $0 $0
2014 $7,875 $112,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jeff Bertolissi

    Berkshire Hathaway HomeServices MI

    (269) 342-5600

    2 in this area

    46 Total Sales

    Jeff Bertolissi
    Section Image

  • J

    Buyer's Agent in 2015

    Jeffrey Bertolissi

    Prudential Preferred, REALTORS

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14059230

Southwestern Michigan Association of REALTORS®

APN: 06-16-422-001

Michigan Kalamazoo County Kalamazoo 49007 Stuart

216 Stuart Ave, Kalamazoo, MI

This home is located at 216 Stuart Ave, Kalamazoo, MI 49007 since 22 October 2014 and is currently estimated at $565,499. This property was built in 1895. 216 Stuart Ave is a home located in Kalamazoo County with nearby schools including Woodward School for Technology & Research, 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.
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