NOT LISTED FOR SALE

Estimated Value: $180,000 - $253,000

Studio
-- Bath
-- Sq Ft
6,403 Sq Ft Lot

Last Sold September 21, 2018

Last sale price $118,000

Est. 80% increase in value since last sale

Current estimated payment $1,278/month

102 Days on Market

Highlights

  • 0.15 Acre Lot
  • Wood Siding
  • 1-minute walk to Dutton Street Park
  • Forced Air Heating System

About This Home

As of September 2018

LOCATION, LOCATION, LOCATION. Historic Kalamazoo Investment Property. Excellent rental history. Plenty of parking. Good cash flow. City certified through 4/30/19.

Last Agent to Sell the Property

Ethel Wilkey-Downs

Berkshire Hathaway HomeServices MI License #6501258060 Listed on: 03/22/2018

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Kristi McFellin

CENTURY 21 Affiliated License #6501344369

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 1890

Lot Details

  • 6,403 Sq Ft Lot
  • Lot Dimensions are 49.5x129.36

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement

Parking

  • 8 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,345

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 49.5x129.36
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2345.17
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 120000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6403.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2345.17
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Laustrup Nicholas P
Bought by
Db3 Properties Llc
Current Estimated Value
$212,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$109,759
Interest Rate
3.01%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$102,627

Purchase Details

Listed on
Mar 22, 2018
Closed on
Sep 21, 2018
Sold by
Procunier Davis S
Bought by
Laustrup Nicholas P
Seller's Agent
Ethel Wilkey-Downs
Berkshire Hathaway HomeServices MI
Buyer's Agent
Kristi McFellin
CENTURY 21 Affiliated
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$118,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Oct 22, 2004
Sold by
Procunier David S
Bought by
Opm Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Db3 Properties Llc $150,000 Devon Title Agency
Laustrup Nicholas P $118,000 Devon Title Co
Opm Management Llc -- Devon Title
Procunier David S -- Devon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Db3 Properties Llc $120,000
Previous Owner Laustrup Nicholas P $118,000
Previous Owner Procunier David S $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $118,000 -1.7% --
07/02/2018 07/02/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $120,000 -- --
Source: MichRIC

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 $2,100 $88,600 $0 $0
2024 $1,913 $80,000 $0 $0
2023 $2,242 $70,800 $0 $0
2022 $4,493 $60,500 $0 $0
2021 $2,773 $55,200 $0 $0
2020 $3,131 $49,400 $0 $0
2019 $2,803 $41,500 $0 $0
2018 $2,221 $35,900 $0 $0
2017 $2,283 $33,800 $0 $0
2016 $2,283 $30,700 $0 $0
2015 $2,283 $30,800 $0 $0
2014 $2,283 $30,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18007520

MichRIC

APN: 06-22-153-019

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