NOT LISTED FOR SALE

Estimated Value: $272,000 - $371,234

7 Beds
5 Baths
-- Sq Ft
9,713 Sq Ft Lot

Last Sold October 21, 2016

Last sale price $79,000

Est. 308% increase in value since last sale

Current estimated payment $2,038/month

205 Days on Market

Highlights

  • Hot Water Heating System
  • Level Lot
  • Wood Siding
  • High Speed Internet

About This Home

As of October 2016

5 Unit investment property located in the heart of the Historic Stuart Neighborhood. Adjacent to Kalamazoo College and a short jaunt to downtown Kalamazoo. Well maintained apartments with ample parking. Property is not currently City Certified. The Lower level unit needs to have egress windows installed to be useable as a 5th unit.

Last Agent to Sell the Property

Douglas Post

The Lo Company, LLC License #6502366056 Listed on: 03/08/2016

Last Buyer's Agent

Gregory Wood

Community Relocation, REALTORS License #6502334439

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,713 Sq Ft Lot
  • Lot Dimensions are 49' x 198'
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 49' x 198'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4699.69
  • Tax Info:Zoning3: RM-15
  • General Property Info:Total _pound_ Units: 5
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: 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
  • Lot Description:Level: 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:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Heat Type:Hot Water: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 92500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 10.0
  • General Property Info:Total Parking Spaces: 10.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9713.0
  • Zoning Description: RM-15
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 4699.69
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Jl Equity Group Llc
Bought by
Hillside Village Llc
Current Estimated Value
$322,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$539,680
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
-$217,371

Purchase Details

Closed on
Nov 24, 2021
Sold by
Jl Equity Group Llc
Bought by
Hillside Village Llc

Purchase Details

Closed on
Mar 5, 2021
Sold by
Neeson Chris and Neeson Nicola
Bought by
Jl Equity Group Llc

Purchase Details

Listed on
Mar 8, 2016
Closed on
Oct 20, 2016
Sold by
Consumers Credit Union
Bought by
Neeson Chris and Neeson Nicole
Seller's Agent
Douglas Post
The Lo Company, LLC
Buyer's Agent
Gregory Wood
Community Relocation, REALTORS
List Price
$135,000
Sold Price
$79,000
Premium/Discount to List
-$56,000
-41.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.99%

Purchase Details

Closed on
May 28, 2015
Sold by
Allyn Investments Llc
Bought by
Consumers Credit Union

Purchase Details

Closed on
Mar 29, 2007
Sold by
Davis Joe W and Davis Suzanne F
Bought by
Allyn Investment Llc
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
Hillside Village Llc $140,000 Next Door Title Agency
Hillside Village Llc -- None Available
Jl Equity Group Llc $85,000 Irongate Title Agency Llc
Neeson Chris $79,000 Devon Title Company
Consumers Credit Union -- Attorney
Allyn Investment Llc $134,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillside Village Llc $555,000
Closed Hillside Village Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2016 10/21/16 Sold $79,000 -41.5% --
09/29/2016 09/29/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $135,000 -- --
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 $9,950 $176,300 $0 $0
2024 $4,229 $153,400 $0 $0
2023 $2,013 $80,700 $0 $0
2022 $4,623 $66,800 $0 $0
2021 $3,252 $60,600 $0 $0
2020 $3,191 $55,600 $0 $0
2019 $5,427 $86,000 $0 $0
2018 $5,302 $79,100 $0 $0
2017 $4,700 $76,900 $0 $0
2016 $4,700 $72,800 $0 $0
2015 $4,700 $62,200 $0 $0
2014 $4,700 $55,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15051489

Southwestern Michigan Association of REALTORS®

APN: 06-16-416-004