NOT LISTED FOR SALE

Estimated Value: $95,000 - $190,000

5 Beds
2 Baths
-- Sq Ft
0.31 Acres

Last Sold December 07, 2023

Last sale price $80,000

Est. 87% increase in value since last sale

Current estimated payment $876/month

39 Days on Market

Highlights

  • 1 Fireplace
  • Laundry Facilities
  • High Speed Internet
  • Forced Air Heating System

About This Home

As of December 2023

Perfect investor opportunity for income earning property, or live in one unit and rent the other! Main level unit has 3 bedrooms/1 bath, a nice front porch area and other recent updates. The upper unit has 2 bedrooms and an eat in kitchen with lots of cupboard space. Conveniently located corner lot near Sprinkle and Gull Road with easy access to all Kalamazoo has to offer.

Last Agent to Sell the Property

Tony Smith

CENTURY 21 Affiliated License #6501372540 Listed on: 10/28/2023

CENTURY 21 Affiliated

Last Buyer's Agent

Zac Folsom

Zac Folsom Group License #6501384937

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 105 x 130

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Concrete
  • List Price: 104900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 105 x 130
  • Lot Size Sq Ft: 13652.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2051.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Dec 1, 2023
Sold by
Wlg Properties Llc
Bought by
Folsom Zac
Seller's Agent
Tony Smith
CENTURY 21 Affiliated
Buyer's Agent
Zac Folsom
Zac Folsom Group
List Price
$104,900
Sold Price
$80,000
Premium/Discount to List
-$24,900
-23.74%
Total Days on Market
39
Views
25
Current Estimated Value
$149,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,605
Avg. Annual Appreciation
50.96%

Purchase Details

Listed on
Jan 14, 2019
Closed on
Feb 7, 2019
Sold by
Zheng Chan
Bought by
Wlg Properties Llc
Seller's Agent
Traci Seeley
Keller Williams Kalamazoo Market Center
Buyer's Agent
Tony Smith
CENTURY 21 Affiliated
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%

Purchase Details

Listed on
Mar 6, 2017
Closed on
Apr 4, 2017
Sold by
Affordable Rentals Llc
Bought by
Zheng Chan
Seller's Agent
Pamella Knapp
RE/MAX Advantage
Buyer's Agent
Bryan Myrick
Coldwell Banker Woodland Schmidt
List Price
$55,000
Sold Price
$52,000
Premium/Discount to List
-$3,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Sep 24, 2011
Sold by
Residential Credit Solutions Inc
Bought by
Affordable Rentals Llc

Purchase Details

Closed on
Mar 3, 2011
Sold by
Gerlinger Matthew J and Gerlinger Michelle M
Bought by
Residential Credit Solutions Inc

Purchase Details

Closed on
Apr 11, 2006
Sold by
Kissell Fred and Kissell Frederick P
Bought by
Gerlinger Mathew and Gerlinger Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,300
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Folsom Zac $80,000 None Listed On Document
Wlg Properties Llc $61,000 Chicago Title Of Michigan In
Zheng Chan $52,000 Devon Title Agency
Affordable Rentals Llc $18,000 Etitle Agency Inc
Residential Credit Solutions Inc $9,380 None Available
Gerlinger Mathew $890,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerlinger Mathew $46,400
Previous Owner Gerlinger Mathew J $62,300
Previous Owner Gerlinger Mathew J $22,250
Previous Owner Kissell Frederick P $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $80,000 -23.7% --
11/13/2023 11/13/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $104,900 0.0% --
10/17/2023 10/17/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $104,900 +72.0% --
02/08/2019 02/08/19 Sold $61,000 -12.7% --
01/19/2019 01/19/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $69,900 +34.4% --
04/04/2017 04/04/17 Sold $52,000 -5.5% --
03/08/2017 03/08/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $55,000 -- --
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
2024 $486 $45,300 $0 $0
2023 $373 $44,000 $0 $0
2022 $2,535 $38,700 $0 $0
2021 $2,401 $34,300 $0 $0
2020 $2,362 $31,600 $0 $0
2019 $2,106 $29,100 $0 $0
2018 $2,052 $36,500 $0 $0
2017 $0 $36,500 $0 $0
2016 -- $32,100 $0 $0
2015 -- $28,600 $0 $0
2014 -- $30,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23137162

Southwestern Michigan Association of REALTORS®

APN: 06-12-455-121