NOT LISTED FOR SALE

Estimated Value: $158,000 - $170,000

3 Beds
2 Baths
-- Sq Ft
3,762 Sq Ft Lot

Last Sold April 19, 2022

Last sale price $132,500

Est. 25% increase in value since last sale

Current estimated payment $1,098/month

35 Days on Market

About This Home

As of April 2022

Charming duplex located in the desirable Vine area. Both units have 2 bedrooms and 1 bathroom. Utilities are separated allowing tenants to pay for their gas and electric, leaving only water, sewer and garbage for the owner. Laundry in the basement and off street parking complete the list of reasons why this rental is an investors dream. Located on quiet street close to both Kalamazoo College and WMU campus. City certification renewal appointment is scheduled for 4/13/2022.

Last Agent to Sell the Property

Missy Dahlinger

Berkshire Hathaway HomeServices MI Listed on: 02/08/2022

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Jeff Leonard

Advanced Realty Global License #6501255159

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,507

Year Built

  • Built in 1890

Lot Details

  • 3,762 Sq Ft Lot

Parking

  • 2 Parking Spaces

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,865
  • Maintenance Expense $1,684
  • Manager Expense $1,699
  • Operating Expense $7,070
  • Gross Income $24,650
  • Net Operating Income $17,580

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,507

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 130000.0
  • Number of Buildings: 1
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3762.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 24650.0
  • Insurance Expense: 2864.75
  • Maintenance Expense: 1683.96
  • Manager Expense: 1699.32
  • Net Operating Income: 17579.88
  • Number of Units Total: 2
  • Operating Expense: 7070.12

Tax Info

  • Tax Annual Amount: 2507.38
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Dec 7, 2018
Sold by
Antkoviak Courtney Lynn and Antikoviak Craig Thomas
Bought by
Wall Street Llc
Seller's Agent
Tom Parker
Betten Real Estate
Buyer's Agent
Mark Reisterer
Reisterer Real Estate LLC
List Price
$64,900
Sold Price
$63,900
Premium/Discount to List
-$1,000
-1.54%
Current Estimated Value
$165,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,055
Avg. Annual Appreciation
14.71%

Purchase Details

Listed on
May 25, 2016
Closed on
Sep 16, 2016
Sold by
Bowman Timothy and Bowman Jessica
Bought by
Antikoviak Coutrney Lynn and Antkoviak Craig Thomas
Seller's Agent
Tom Parker
Betten Real Estate
Buyer's Agent
Tom Parker
Betten Real Estate
List Price
$64,900
Sold Price
$47,500
Premium/Discount to List
-$17,400
-26.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$50,000
Interest Rate
3.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 7, 2009
Sold by
Osler Camarstro
Bought by
First Horizon Home Loans

Purchase Details

Closed on
May 11, 2006
Sold by
Frohlich Christoph
Bought by
Wells Fargo Bank Na and Park Place Securities Inc Asset Backed P

Purchase Details

Closed on
Jun 24, 2004
Sold by
Concept Iii Real Estates Llc
Bought by
Frohlich Christoph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2003
Sold by
Coleman F Jean
Bought by
Us Bank Na and Credit Based Asset Servicing & Securitiz

Purchase Details

Closed on
Sep 29, 2003
Sold by
Coleman F Jean
Bought by
Concepts Iii Real Estate 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
Wall Street Llc $63,900 Chicago Title Of Michigan In
Antikoviak Coutrney Lynn $47,500 Chicago Title Company
First Horizon Home Loans $31,500 None Available
Wells Fargo Bank Na $101,979 None Available
Frohlich Christoph $95,000 Title Bond
Us Bank Na $41,250 --
Concepts Iii Real Estate Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antkoviak Craig Thomas $50,000
Previous Owner Bowman Timothy $30,000
Previous Owner Osler Camarstro $42,300
Previous Owner Frohlich Christoph $96,300
Previous Owner Frohlich Christoph $76,000
Closed Frohlich Christoph $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $132,500 +1.9% --
03/15/2022 03/15/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $130,000 +103.4% --
12/07/2018 12/07/18 Sold $63,900 -1.5% --
11/11/2018 11/11/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $64,900 +36.6% --
09/16/2016 09/16/16 Sold $47,500 -26.8% --
08/12/2016 08/12/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $64,900 -- --
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 $2,570 $77,500 $0 $0
2024 $2,570 $69,900 $0 $0
2023 $1,751 $61,000 $0 $0
2022 $2,592 $52,000 $0 $0
2021 $2,507 $47,200 $0 $0
2020 $2,869 $42,000 $0 $0
2019 $2,481 $35,100 $0 $0
2018 $1,992 $30,700 $0 $0
2017 $2,188 $28,900 $0 $0
2016 $2,188 $26,100 $0 $0
2015 $2,188 $26,200 $0 $0
2014 $2,188 $25,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22003867

Southwestern Michigan Association of REALTORS®

APN: 06-22-302-009