NOT LISTED FOR SALE

2321 Benton Ave Kalamazoo, MI 49008

Oakwood Neighborhood

Estimated Value: $166,000 - $186,379

2 Beds
2 Baths
-- Sq Ft
0.46 Acres

Last Sold May 25, 2021

Last sale price $130,000

Est. 34% increase in value since last sale

Current estimated payment $1,097/month

6 Days on Market

Highlights

  • 0.46 Acre Lot
  • 1 Fireplace
  • Forced Air Heating System
  • Wooded Lot
  • Brick or Stone Mason
  • 3-minute walk to Springmont Tot Lot

About This Home

As of May 2021

One of a kind Oakwood Neighborhood Duplex. Updated one bedroom, one bathroom units. Split gas & electric service (upgraded electrical) - tenants responsible for gas & electric. New furnaces, water heaters & roof. Landlord responsible for water/sewer, trash, lawn & snow. 2020 Net Operating income of $7,600. Property is City Certified through May 2024.

Last Agent to Sell the Property

Madison Lukeman

Lukeman Group LLC License #6501378321 Listed on: 03/17/2021

Last Buyer's Agent

Johnnie Decker

Michigan Top Producers License #6501324394

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1941

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Wooded Lot

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 4 Car Garage
  • Gravel Driveway

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $452
  • Maintenance Expense $3,500
  • Manager Expense $1,305
  • Utility Expense $565
  • Operating Expense $9,142
  • Gross Income $16,775
  • Net Operating Income $7,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1941
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x200
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2218.0
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Crawl Space: 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
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding, Stone
  • List Price: 125000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Aggregate, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Dimensions: 100x200
  • Lot Size Sq Ft: 19994.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 16775.0
  • Insurance Expense: 452.0
  • Maintenance Expense: 3500.0
  • Manager Expense: 1305.0
  • Net Operating Income: 7600.0
  • Number of Units Total: 2
  • Operating Expense: 9142.0

Tax Info

  • Tax Annual Amount: 2218.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 23, 2021
Sold by
Shepard Scott
Bought by
Hudson Scott P
Seller's Agent
Madison Lukeman
Lukeman Group LLC
Buyer's Agent
Johnnie Decker
Michigan Top Producers
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Current Estimated Value
$173,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,849
Avg. Annual Appreciation
7.18%
Original Mortgage
$132,990
Outstanding Balance
$120,929
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$53,416

Purchase Details

Closed on
Apr 23, 2014
Sold by
Sayers Diane
Bought by
Shepard Scott

Purchase Details

Closed on
Aug 20, 2012
Sold by
Balkema Mary
Bought by
Sayers Diana

Purchase Details

Closed on
Oct 16, 2006
Sold by
Smith Mary Elizabeth
Bought by
City Of Kalamazoo

Purchase Details

Closed on
Oct 16, 2004
Sold by
Smith Mary Elizabeth
Bought by
City Of Kalamazoo

Purchase Details

Closed on
Oct 16, 2003
Sold by
Carlson Wade
Bought by
City Of Kalamazoo
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
Hudson Scott P $130,000 Nations Title Agency
Shepard Scott $21,000 Attorneys Title Agency
Sayers Diana $19,750 None Available
City Of Kalamazoo -- None Available
City Of Kalamazoo -- --
City Of Kalamazoo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Scott P $132,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $130,000 +4.0% --
03/23/2021 03/23/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $125,000 -- --
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 $1,734 $70,300 $0 $0
2024 $1,734 $61,300 $0 $0
2023 $1,653 $55,100 $0 $0
2022 $2,619 $51,000 $0 $0
2021 $1,676 $46,400 $0 $0
2020 $2,217 $42,600 $0 $0
2019 $2,135 $37,000 $0 $0
2018 $2,198 $33,400 $0 $0
2017 $2,474 $33,200 $0 $0
2016 $2,474 $30,200 $0 $0
2015 $2,474 $29,900 $0 $0
2014 $2,474 $31,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Madison Lukeman

    Lukeman Group LLC

    (269) 254-8561

    1 in this area

    54 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Johnnie Decker

    Michigan Top Producers

    (269) 659-2791

    1 in this area

    125 Total Sales

    Section Image
  • Brian Decker

    Buyer Co-Listing Agent in 2021

    Brian Decker

    Berkshire Hathaway HomeServices MI

    (269) 806-2163

    1 in this area

    250 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21008225

Southwestern Michigan Association of REALTORS®

APN: 06-32-220-126

Michigan Kalamazoo County Kalamazoo 49008 Oakwood

2321 Benton Ave, Kalamazoo, MI

This home is located at 2321 Benton Ave, Kalamazoo, MI 49008 since 17 March 2021 and is currently estimated at $174,345. This property was built in 1941. 2321 Benton Ave is a home located in Kalamazoo County with nearby schools including Woods Lake Elementary School, Milwood Magnet School, and Loy Norrix 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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