NOT LISTED FOR SALE

305 W Vine St Kalamazoo, MI 49001

Vine Neighborhood

Estimated Value: $258,000 - $352,000

5 Beds
5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold September 30, 2015

Last sale price $103,500

Est. 179% increase in value since last sale

Current estimated payment $1,689/month

28 Days on Market

Highlights

  • 0.23 Acre Lot
  • High Speed Internet
  • 3-minute walk to Dutton Street Park
  • Baseboard Heating
  • Wood Siding

About This Home

As of September 2015

Great cash flowing 4-unit investment opportunity. Fully occupied and never a vacancy. Unit 1: 1-bed 1.5-bath rents for $435/mo. Unit 2: 1-bed 1-bath rents for $425/mo. Unit 3: 1-bed 1-bath rents for $400/mo. Unit 4: 2-bed 2-bath rents for $630/mo. Large storage shed, off street parking, city certified and coin laundry for additional income.
New roof July 2015

Last Agent to Sell the Property

Adam Atwood

Berkshire Hathaway HomeServices MI Listed on: 07/14/2015

Last Buyer's Agent

Patrick O'Brien

O'Brien Real Estate License #6502102326

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 58 x 170

Parking

  • 7 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 58 x 170
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3781.0
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: 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:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 107500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

Utilities

  • Heating: Baseboard, Electric
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3781.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2015
Closed on
Sep 30, 2015
Sold by
Wright Gerald P and Wright Kim
Bought by
Hickson Joel
Seller's Agent
Adam Atwood
Berkshire Hathaway HomeServices MI
Buyer's Agent
Patrick O'Brien
O'Brien Real Estate
List Price
$109,900
Sold Price
$103,500
Premium/Discount to List
-$6,400
-5.82%
Current Estimated Value
$288,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,449
Avg. Annual Appreciation
10.37%
Original Mortgage
$101,624
Outstanding Balance
$80,044
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$196,385

Purchase Details

Closed on
Jan 30, 2007
Sold by
Weathers Bruce
Bought by
Weathers Scott

Purchase Details

Closed on
Oct 19, 2006
Sold by
Weathers Scott H and Weathers Kelly
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Oct 16, 2002
Sold by
Weathers Bruce B
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
Hickson Joel $103,500 Devon Title Company
Weathers Scott -- None Available
Jp Morgan Chase Bank $80,750 None Available
City Of Kalamazoo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickson Joel $101,624
Previous Owner Wright Gerald P $160,000
Previous Owner Weathers Scott H $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $103,500 -5.8% --
08/11/2015 08/11/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $109,900 -- --
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 $1,802 $132,800 $0 $0
2024 $1,802 $120,300 $0 $0
2023 $1,649 $105,000 $0 $0
2022 $3,633 $89,700 $0 $0
2021 $3,513 $81,400 $0 $0
2020 $3,448 $72,700 $0 $0
2019 $3,211 $61,200 $0 $0
2018 $2,688 $52,500 $0 $0
2017 $4,139 $49,500 $0 $0
2016 $4,139 $45,100 $0 $0
2015 $4,139 $45,200 $0 $0
2014 $4,139 $42,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Adam Atwood

    Berkshire Hathaway HomeServices MI

  • Patrick O'Brien

    Buyer's Agent in 2015

    Patrick O'Brien

    O'Brien Real Estate

    (269) 207-7446

    11 in this area

    303 Total Sales

    Patrick O'Brien
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14039671

Southwestern Michigan Association of REALTORS®

APN: 06-22-158-002

Michigan Kalamazoo County Kalamazoo 49001 Vine

305 W Vine St, Kalamazoo, MI

This home is located at 305 W Vine St, Kalamazoo, MI 49001 since 14 July 2015 and is currently estimated at $288,949. This property was built in 1890. 305 W Vine St is a home located in Kalamazoo County with nearby schools including Milwood Elementary School, Maple Street Magnet School for the Arts, 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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