NOT LISTED FOR SALE

2919 Burke St Kalamazoo, MI 49001

Milwood Neighborhood

Estimated Value: $282,000 - $340,000

-- Bed
-- Bath
-- Sq Ft
0.42 Acres

Last Sold May 04, 2018

Last sale price $165,000

Est. 91% increase in value since last sale

Current estimated payment $2,312/month

191 Days on Market

Highlights

  • Corner Lot: Yes
  • Hot Water Heating System
  • Laundry Facilities
  • Window Unit Cooling System

About This Home

As of May 2018

2919 Burke St Kalamazoo MI 49001 Excellent Turn Key investment opportunity. 4 unit Occupied building in Milwood. Each unit has same floor plan. Each unit features spacious 2 bed 1 bath layout with own electric meter. 2 long term tenants on month to month leases. Owner pays gas for heat, trash and water. Upgrades completed in last few years include new roof, new hot water heat/boiler system and replacement windows. There is a laundry room on upper and lower level for tenants. Building includes ample paved parking and is Rental Certified through 7/25/19 Call Richard Stewart 269-345-7000 REO Specialists llc www.REOmamma.com

Last Agent to Sell the Property

Richard Stewart

REO Specialists, L.L.C. License #6502431179 Listed on: 09/20/2017

Last Buyer's Agent

Betsy Stoneburner

Doorlag Realty Company License #6501364724

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.42 Acre Lot
  • Corner Lot: Yes

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction

Basement

  • Natural lighting in basement

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Phone Connected

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1968
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 4378.07
  • Tax Info:Zoning3: Residential Mul
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Daylight: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Other

Exterior Features

  • Construction Materials: Brick
  • List Price: 179900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size Area: 0.42
  • Lot Size Sq Ft: 18295.0
  • Zoning Description: Residential Mul
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4378.07
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2021
Sold by
Stamos Peter S
Bought by
Atlas Housing & Development Inc
Current Estimated Value
$315,490

Purchase Details

Listed on
Sep 20, 2017
Closed on
May 4, 2018
Sold by
Milonas Properties Llc
Bought by
Stamos Peter
Seller's Agent
Richard Stewart
REO Specialists, L.L.C.
Buyer's Agent
Betsy Stoneburner
Doorlag Realty Company
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$123,750
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Atlas Housing & Development Inc -- None Available
Stamos Peter $165,000 Nations Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stamos Peter $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $165,000 -17.5% --
03/30/2018 03/30/18 Pending -- -- --
09/20/2017 09/20/17 For Sale $199,900 -- --
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 $7,737 $155,100 $0 $0
2024 $3,206 $153,600 $0 $0
2023 $3,056 $138,600 $0 $0
2022 $7,017 $122,600 $0 $0
2021 $6,787 $113,200 $0 $0
2020 $6,227 $110,500 $0 $0
2019 $5,985 $95,000 $0 $0
2018 $3,893 $83,400 $0 $0
2017 $4,177 $67,700 $0 $0
2016 $4,177 $63,100 $0 $0
2015 $4,177 $63,200 $0 $0
2014 $4,177 $59,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Stewart

    Seller's Agent in 2018

    Richard Stewart

    REO Specialists, L.L.C.

    (269) 345-7000

    3 in this area

    187 Total Sales

    Richard Stewart
    Section Image
  • Betsy Stoneburner

    Buyer's Agent in 2018

    Betsy Stoneburner

    Doorlag Realty Company

    (269) 873-2066

    7 in this area

    109 Total Sales

    Betsy Stoneburner
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17026378

Southwestern Michigan Association of REALTORS®

APN: 06-26-355-001

Michigan Kalamazoo County Kalamazoo 49001 Milwood

2919 Burke St, Kalamazoo, MI

This home is located at 2919 Burke St, Kalamazoo, MI 49001 since 20 September 2017 and is currently estimated at $315,490. This property was built in 1968. 2919 Burke St is a home located in Kalamazoo County with nearby schools including Milwood 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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