NOT LISTED FOR SALE

223 N Kalamazoo Ave Marshall, MI 49068

Marshall/Albion Neighborhood

Estimated Value: $244,000 - $321,000

-- 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 $1,764/month

18 Days on Market

Highlights

  • Cooling Available
  • High Speed Internet
  • 5-minute walk to Shearman School Playground
  • Hot Water Heating System
  • 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
  • High Speed Internet
  • 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%
Total Days on Market
18
Current Estimated Value
$285,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,273
Avg. Annual Appreciation
9.47%
Original Mortgage
$122,400
Outstanding Balance
$97,014
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$164,603

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:

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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 Change Sq Ft Price
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% --
01/15/2018 01/15/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $80,000 -- --
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
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

    142 in this area

    172 Total Sales

    CJ Shapiro
    Section Image
  • Lori Sturdevant

    Buyer's Agent in 2019

    Lori Sturdevant

    Berkshire Hathaway HomeServices Michigan Real Estate

    (269) 558-0105

    211 in this area

    329 Total Sales

    Lori Sturdevant
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19019887

Southwestern Michigan Association of REALTORS®

APN: 53-000-292-00

Michigan Calhoun County Marshall 49068 Marshall/Albion

223 N Kalamazoo Ave, Marshall, MI

This home is located at 223 N Kalamazoo Ave, Marshall, MI 49068 since 10 May 2019 and is currently estimated at $285,273. This property was built in 1880. 223 N Kalamazoo Ave is a home located in Calhoun County with nearby schools including Harrington Elementary School, Marshall High School, and Marshall Academy.

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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