NOT LISTED FOR SALE

3025 E Main St Kalamazoo, MI 49048

Estimated Value: $423,711

Studio
1 Bath
-- Sq Ft
0.27 Acres

Last Sold May 13, 2021

Last sale price $281,000

Est. 51% increase in value since last sale

Current estimated payment $2,322/month

6 Days on Market

About This Home

As of May 2021

Nice, clean solid built 5 unit build PLUS a 2 car garage on property for additional income. Four large 1 bedroom units and one studio. Laundry in basement coin operated owned by property owner. This is a very well maintained building. Shows great and would be a very nice addition to an investment portfolio. Great location on East Main.

Last Agent to Sell the Property

melissa Knorr

Dodgson Land Co License #6506044715 Listed on: 03/26/2021

Last Buyer's Agent

melissa Knorr

Dodgson Land Co License #6506044715 Listed on: 03/26/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,284

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot

Parking

  • 10 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,284

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 295000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11616.0
  • Zoning Description: comm.-improved
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 6284.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jul 2, 2021
Sold by
Lindsey Ceane
Bought by
Brandel Investments Llc
Seller's Agent
melissa Knorr
Dodgson Land Co
Buyer's Agent
melissa Knorr
Dodgson Land Co
List Price
$295,000
Sold Price
$281,000
Premium/Discount to List
-$14,000
-4.75%
Current Estimated Value
$423,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,711
Avg. Annual Appreciation
9.19%

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 13, 2021
Sold by
Miller Donald
Bought by
Ceane Lindsey
Seller's Agent
melissa Knorr
Dodgson Land Co
Buyer's Agent
melissa Knorr
Dodgson Land Co
List Price
$295,000
Sold Price
$281,000
Premium/Discount to List
-$14,000
-4.75%

Purchase Details

Listed on
Mar 23, 2018
Closed on
May 1, 2018
Sold by
Broken Arrow Real Estates Llc
Bought by
Miller Donald
Seller's Agent
Bonnie Gronado
i-VEST Real Estate Group
Buyer's Agent
melissa Knorr
Dodgson Land Co
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%

Purchase Details

Listed on
Dec 9, 2016
Closed on
Apr 13, 2017
Sold by
Aedenco Llc
Bought by
Broken Arrow Real Estate Llc
Seller's Agent
Rick Hunter
Jaqua REALTORS
Buyer's Agent
Rick Hunter
Jaqua REALTORS
List Price
$267,500
Sold Price
$259,000
Premium/Discount to List
-$8,500
-3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%
Original Mortgage
$194,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2015
Sold by
Mcclellan Donald and Mcclellan Nancy
Bought by
Aedenco Llc

Purchase Details

Closed on
Sep 19, 2011
Sold by
Zanardi Louis A and Zanardi Patricia A
Bought by
Mcclellan Nancy J and Mcclellan Donald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brandel Investments Llc -- None Listed On Document
Ceane Lindsey $281,000 First American Title Company
Miller Donald -- Devon Title Co
Broken Arrow Real Estate Llc -- Attorney
Aedenco Llc -- None Available
Mcclellan Nancy J $105,000 Chicago Title
Zanardi Louis A $80,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broken Arrow Real Estate Llc $194,000
Previous Owner Mcclellan Nancy J $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2021 05/13/21 Sold $281,000 -4.7% --
04/01/2021 04/01/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $295,000 0.0% --
06/10/2020 06/10/20 Rented -- -- --
06/05/2020 06/05/20 Under Contract -- -- --
02/05/2020 02/05/20 For Rent $650 -3.7% --
09/23/2019 09/23/19 Rented -- -- --
09/23/2019 09/23/19 Under Contract -- -- --
08/28/2019 08/28/19 For Rent $675 0.0% --
07/18/2018 07/18/18 Rented -- -- --
07/18/2018 07/18/18 Under Contract -- -- --
06/05/2018 06/05/18 For Rent $675 0.0% --
05/01/2018 05/01/18 Sold $260,000 -3.7% -- View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $270,000 +4.2% --
04/13/2017 04/13/17 Sold $259,000 -3.2% -- View Prior Sale
02/14/2017 02/14/17 Pending -- -- --
12/09/2016 12/09/16 For Sale $267,500 -- --
Source: MichRIC

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 $1,281 $142,800 $0 $0
2024 $1,244 $145,000 $0 $0
2023 $1,186 $117,700 $0 $0
2022 $7,870 $105,200 $0 $0
2021 $6,385 $100,200 $0 $0
2020 $6,284 $90,000 $0 $0
2019 $6,054 $83,900 $0 $0
2018 $5,129 $68,500 $0 $0
2017 $0 $68,500 $0 $0
2016 -- $60,500 $0 $0
2015 -- $59,300 $0 $0
2014 -- $57,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • m

    Seller's Agent in 2021

    melissa Knorr

    Dodgson Land Co

    (616) 915-6560

    1 in this area

    15 Total Sales

    melissa Knorr
    Section Image

  • B

    Seller's Agent in 2020

    Bonnie Gronado

    i-VEST Real Estate Group

    (269) 232-7771

    43 Total Sales

    Bonnie Gronado
    Section Image

  • R

    Seller's Agent in 2017

    Rick Hunter

    Jaqua REALTORS

    (269) 704-1000

    61 Total Sales

    Rick Hunter
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 21009667

MichRIC

APN: 06-12-382-010

Michigan Kalamazoo County Kalamazoo 49048

3025 E Main St, Kalamazoo, MI

Not Listed for Sale

MultiFamily

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