NOT LISTED FOR SALE

Estimated Value: $170,119 - $217,000

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

Sale Details

Date Sold: April 19, 2022

Last sale price $132,500

Est. 42% increase in value since last sale

Current estimated payment $1,415 / mo

35 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 2-minute walk to S Westnedge Park

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

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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,507

Year Built

  • Built in 1890

Lot Details

  • 3,762 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Level Lot

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,865
  • Maintenance Expense $1,684
  • Manager Expense $1,699
  • Utility Expense $822
  • 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

3,762 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • General Property Info:Basement: Yes
  • Driveway:Driveway: Shared Unpaved
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: Electricity Available, Natural Gas Available, Public Sewer, Public Water
  • Extras:Extras: Sep Electric Meter, Sep Gas Meter
  • Lot Description:Lot Description: Level
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 130000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.0864
  • Lot Size Area: 0.09
  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 3762.0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 19, 2022
Sold by
Bought by
Seller's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jeff Leonard
Advanced Realty Global
List Price
$130,000
Sold Price
$132,500
Premium/Discount to List
$2,500
1.92%
Current Estimated Value
$188,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,780
Avg. Annual Appreciation
8.53%
Original Mortgage
$99,375
Outstanding Balance
$92,443
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$95,837

Purchase Details

Listed on
Nov 9, 2018
Closed on
Dec 7, 2018
Sold by
Bought by
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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.16%

Purchase Details

Listed on
May 25, 2016
Closed on
Sep 16, 2016
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
May 11, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2004
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Sep 29, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Vine, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$132,500 Chicago Title
$63,900 Chicago Title Of Michigan In
$47,500 Chicago Title Company
$31,500 None Available
$101,979 None Available
$95,000 Title Bond
$41,250 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $99,375
Previous Owner $50,000
Previous Owner $30,000
Previous Owner $42,300
Previous Owner $96,300
Previous Owner $76,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
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% -- View Prior Sale
08/12/2016 08/12/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $64,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,565 $81,800 $0 $0
2025 $1,892 $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: MichRIC

MLS Number: 22003867

MichRIC

APN: 06-22-302-009

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