NOT LISTED FOR SALE

32337 Kalamazoo St Westland, MI 48186

Estimated Value: $70,055 - $156,000

6 Beds
2 Baths
2,156 Sq Ft
$60/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $41,000 $19 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $904/month

14 Days on Market

About This Home

As of April 2017

ATTENTION INVESTORS! CASH COW ALERT! Over 15% net after property taxes, insurance and management and renovations! Let’s face it not the most attractive looking asset that will be in your portfolio but this duplex will deliver the returns. This part of Westland is all duplexes like this and ranch duplexes so this is a renter’s area. Not many homes come up for sale or lease and that tells you landlords don’t want to sell and renters want to stay. Each side of this duplex has 3 bedrooms, kitchen with eat in dining, mud/laundry/mechanical room (on slab), living room and bathroom. Each side needs a full renovation before it can be rented. Selling brokers full service and trusted renovation and property management teams are happy to assist and if you chose to use their services after purchase the first year of management is free. Selling broker is member of selling LLC

Last Agent to Sell the Property

Scott MacDonald

Tradewinds Development Group, LLC License #6502393811 Listed on: 04/03/2017

Last Buyer's Agent

Andrew Fuller & Associates

KW Professionals License #RCO-6501350783

KW Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Home Design

  • Duplex
  • Masonry

Interior Spaces

  • 2 Full Bathrooms
  • 2,156 Sq Ft Home
  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 76 x 86

Community Details

  • 2 Units
  • Norwayne Sub No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56073030355000

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1942
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 2156
  • Total Sq Ft: 2156
  • Sq Ft Total Bsmt: 1073

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Block/Concrete/Masonry
  • Frontage Feet: 76
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Wayne-Westland

Lot Info

  • Lot Dimensions: 76 X 86
  • Parcel Number: 56073030355000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1350

Tax Info

  • Tax Amount Summer: 2084.0000
  • Tax Amount Winter: 1447.0000
  • Total Tax: 3531.0000

Multi Family

  • Gross Scheduled Income: 16200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Wayne-Westland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Hermann John F and Hermann Michael J
Bought by
Herman Real Estate Llc
Current Estimated Value
$141,424

Purchase Details

Listed on
Apr 3, 2017
Closed on
Apr 27, 2017
Sold by
Tradewonds Dvvelopmetn Group Llc
Bought by
Hermann John
Seller's Agent
Scott MacDonald
Tradewinds Development Group, LLC
Buyer's Agent
Andrew Fuller & Associates
KW Professionals
List Price
$27,900
Sold Price
$41,000
Premium/Discount to List
$13,100
46.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%

Purchase Details

Closed on
Feb 2, 2017
Sold by
The Bank Of New York Mellon
Bought by
Tradewinds Development Group Llc

Purchase Details

Closed on
Oct 1, 2015
Sold by
Lanstra Marion P
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Herman Real Estate Llc -- None Listed On Document
Hermann John $41,000 Leading Edge Title Agency
Tradewinds Development Group Llc $15,118 None Available
The Bank Of New York Mellon $45,152 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $41,000 +47.0% $19 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $27,900 -- $13 / Sq Ft
Source: Realcomp

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 $1,561 $67,500 $0 $0
2024 $1,561 $50,300 $0 $0
2023 $1,489 $44,100 $0 $0
2022 $1,682 $39,300 $0 $0
2021 $1,645 $37,500 $0 $0
2020 $1,626 $32,300 $0 $0
2019 $1,577 $24,700 $0 $0
2018 $1,226 $21,400 $0 $0
2017 $364 $19,500 $0 $0
2016 $5,776 $15,900 $0 $0
2015 $1,409 $14,290 $0 $0
2013 $1,745 $18,180 $0 $0
2012 $1,821 $21,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217025406

Realcomp

APN: 56-073-03-0355-000