NOT LISTED FOR SALE

2524 Texel Dr Unit 252428 Kalamazoo, MI 49048

Estimated Value: $207,000 - $277,000

4 Beds
2 Baths
-- Sq Ft
0.49 Acres

Last Sold August 14, 2017

Last sale price $112,900

Est. 117% increase in value since last sale

Current estimated payment $1,687/month

25 Days on Market

About This Home

As of August 2017

Very nice duplex that's close to Borgess Hospital. Each side has 3 bedrooms, 1.5 bathrooms. Full Basement, garage, fireplace. Excellent cash flow with rents $1600 total monthly. Tenants pay gas, electric and trash. Owner pays water and sewer. Both tenants are month to month.

Last Agent to Sell the Property

Neil Meadmore

RE/MAX of Kalamazoo License #6501208043 Listed on: 06/01/2017

RE/MAX of Kalamazoo

Last Buyer's Agent

Joy Brown

Jaqua REALTORS License #6506044360

Jaqua REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 108x120

Parking

  • 6 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1972
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 108x120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2967.0
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • 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
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: 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

Exterior Features

  • Construction Materials: Brick
  • List Price: 119900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Size Sq Ft: 21575.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2967.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 9, 2017
Sold by
Dga Properties Llc
Bought by
Ray Douglas R and Ray Heidi M
Seller's Agent
Neil Meadmore
RE/MAX of Kalamazoo
Buyer's Agent
Joy Brown
Jaqua REALTORS
List Price
$125,000
Sold Price
$112,900
Premium/Discount to List
-$12,100
-9.68%
Current Estimated Value
$244,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,926
Avg. Annual Appreciation
9.95%
Original Mortgage
$84,675
Outstanding Balance
$70,655
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$174,171

Purchase Details

Closed on
Dec 29, 2010
Sold by
Dunham Norma J and Dunham Tim
Bought by
Agnew David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,375
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2004
Sold by
Dunham Robert P and Dunham Norma J
Bought by
Dunham Robert P and Dunham Norma J
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
Ray Douglas R $112,900 Devon Title Company
Agnew David G $88,500 Nations Title Inc
Dunham Robert P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Douglas R $84,675
Previous Owner Agnew David G $66,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2017 08/14/17 Sold $112,900 -9.7% --
06/26/2017 06/26/17 Pending -- -- --
06/01/2017 06/01/17 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 $4,606 $122,500 $0 $0
2024 $2,680 $113,100 $0 $0
2023 $4,189 $95,500 $0 $0
2022 $4,189 $77,400 $0 $0
2021 $3,938 $71,400 $0 $0
2020 $3,880 $60,700 $0 $0
2019 $2,231 $55,100 $0 $0
2018 $3,582 $51,400 $0 $0
2017 $0 $51,400 $0 $0
2016 -- $48,400 $0 $0
2015 -- $46,000 $0 $0
2014 -- $44,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17021701

Southwestern Michigan Association of REALTORS®

APN: 06-12-315-670