NOT LISTED FOR SALE

223 N Kalamazoo Ave Marshall, MI 49068

Estimated Value: $258,000 - $314,000

-- Bed
-- Bath
-- Sq Ft
9,627 Sq Ft Lot

Last Sold July 09, 2019

Last sale price $153,000

Est. 86% increase in value since last sale

Current estimated payment $2,144/month

18 Days on Market

Highlights

  • Cooling Available
  • Hot Water Heating System
  • 5-minute walk to Shearman School Playground
  • New Albany Middle School Rated A-
  • Wood Siding

About This Home

As of July 2019

GREAT INVESTMENT OPPORTUNITY!! This Victorian style 4 unit boasts a wonderful location close to the Brooks Mansion & just a few blocks from downtown Marshall. Fully rented month to month: Apartment #1 with 800 sq. ft has 1 bedroom, 1 bath rents for $750/month. It has been beautifully renovated boasting original woodwork & refinished wood floors & fireplace. Apartment #2 with 548 sq. ft is a studio apartment & rents for $385/month. Apartment #3 with 700 sq. ft has 2 bedrooms, 1 bath & rents for $550/month. Apartment #4 with 648 sq. ft has 1 bedroom, 1 bath & rents for $550/ month. The location is great sitting on a corner lot, the style is great & the opportunity is great to own a 4-plex in Marshall. That doesn't happen often. Priced to sell at $162,500.

Last Agent to Sell the Property

CJ Shapiro

Berkshire Hathaway HomeServices Michigan Real Estate License #6506033200 Listed on: 05/10/2019

Berkshire Hathaway HomeServices Michigan Real Estate

Last Buyer's Agent

Lori Sturdevant

Berkshire Hathaway HomeServices Michigan Real Estate License #6501368733

Berkshire Hathaway HomeServices Michigan Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1880

Lot Details

  • 9,627 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 162500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9627.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3980.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jun 20, 2019
Sold by
Green Michael L
Bought by
Turtle Shell Real Estate Llc
Seller's Agent
CJ Shapiro
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Lori Sturdevant
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$162,500
Sold Price
$153,000
Premium/Discount to List
-$9,500
-5.85%
Current Estimated Value
$284,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,846
Avg. Annual Appreciation
10.23%
Original Mortgage
$122,400
Outstanding Balance
$93,606
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$191,240

Purchase Details

Listed on
Jan 15, 2018
Closed on
Feb 23, 2018
Sold by
Begg Jeffrey A and Jeffrey A Begg Trust
Bought by
Green Michael L
Seller's Agent
CJ Shapiro
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
CJ Shapiro
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.53%
Original Mortgage
$128,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2016
Sold by
Begg Jeffrey A
Bought by
Begg Jeffrey A and Jeffrey A Begg Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Turtle Shell Real Estate Llc $153,000 Ata National Title Group Llc
Green Michael L $160,000 Ata National Title Group Llc
Begg Jeffrey A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turtle Shell Real Estate Llc $122,400
Previous Owner Green Michael L $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2019 07/09/19 Sold $153,000 -5.8% --
05/28/2019 05/28/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $162,500 +103.1% --
02/23/2018 02/23/18 Sold $80,000 0.0% -- View Prior Sale
01/15/2018 01/15/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $80,000 -- --
Source: MichRIC

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 $7,672 $146,900 $0 $0
2024 $2,031 $137,200 $0 $0
2023 $6,901 $109,600 $0 $0
2022 $5,010 $94,400 $0 $0
2021 $6,704 $95,100 $0 $0
2020 $6,412 $90,200 $0 $0
2019 $0 $77,400 $0 $0
2018 $0 $77,000 $20,700 $56,300
2017 $0 $75,800 $0 $0
2016 $0 $74,800 $0 $0
2015 -- $75,200 $0 $0
2014 -- $65,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • CJ Shapiro

    Seller's Agent in 2019

    CJ Shapiro

    Berkshire Hathaway HomeServices Michigan Real Estate

    (269) 209-4076

    120 in this area

    161 Total Sales

    CJ Shapiro
    Section Image
  • Lori Sturdevant

    Buyer's Agent in 2019

    Lori Sturdevant

    Berkshire Hathaway HomeServices Michigan Real Estate

    (269) 558-0105

    195 in this area

    315 Total Sales

    Lori Sturdevant
    Section Image
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Map

Source: MichRIC

MLS Number: 19019887

MichRIC

APN: 53-000-292-00

Michigan Calhoun County Marshall 49068

223 N Kalamazoo Ave, Marshall, MI

Not Listed for Sale

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