NOT LISTED FOR SALE

402 E Eliza St Schoolcraft, MI 49087

Estimated Value: $228,000 - $272,000

5 Beds
2 Baths
-- Sq Ft
0.31 Acres

Last Sold June 15, 2017

Last sale price $131,888

Est. 87% increase in value since last sale

Current estimated payment $1,606/month

92 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Schoolcraft Middle School Rated A-

About This Home

As of June 2017

Duplex/Income Property-Attractive and well kept with beautifully refinished hardwood flooring on the first level. Unit # 1 there are 3 bedrooms & 2 full baths. Unit # 2 there are 2 bedrooms and 1 full bath that rents for $500. month. The back sun room and baths have been completely refinished. Outside of the home the barn offers additional storage and other uses. This home is convenient to everything from Kalamazoo's vibrant nightlife, yet it is nestled in the lovely Schoolcraft Village neighborhood and close to the Schools.

Last Agent to Sell the Property

Ron Ekema

RE/MAX Advantage License #6501267174 Listed on: 01/31/2017

RE/MAX Advantage

Co-Listed By

Dan Thornton

RE/MAX Advantage

Last Buyer's Agent

Jack Poulsen

Michigan 1st Realty License #6504180383

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 66 x 203

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 203
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3382.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 132888.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13503.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3382.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2017
Sold by
Reigle Arden and Reigle Jennie
Bought by
Higginbotham Tammy
Current Estimated Value
$247,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,589
Outstanding Balance
$82,350
Interest Rate
3.82%
Mortgage Type
Seller Take Back
Estimated Equity
$164,868

Purchase Details

Listed on
Jan 31, 2017
Closed on
Jun 15, 2017
Sold by
Fitzsimmons Deanna
Bought by
Reigle Arden and Reigle Jennie
Seller's Agent
Ron Ekema
RE/MAX Advantage
Buyer's Agent
Jack Poulsen
Michigan 1st Realty
List Price
$137,888
Sold Price
$131,888
Premium/Discount to List
-$6,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$98,900
Interest Rate
4.05%
Mortgage Type
New Conventional
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
Higginbotham Tammy $98,589 Attorney
Reigle Arden $131,888 Attorneys Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higginbotham Tammy $98,589
Previous Owner Reigle Arden $98,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $131,888 -4.4% --
05/03/2017 05/03/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $137,888 -- --
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 $3,535 $97,800 $0 $0
2024 $1,640 $90,100 $0 $0
2023 $1,565 $77,100 $0 $0
2022 $3,208 $71,800 $0 $0
2021 $3,119 $67,200 $0 $0
2020 $3,058 $60,600 $0 $0
2019 $2,765 $58,600 $0 $0
2018 $2,700 $51,400 $0 $0
2017 $0 $49,400 $0 $0
2016 -- $48,100 $0 $0
2015 -- $44,000 $9,300 $34,700
2014 -- $44,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17003540

Southwestern Michigan Association of REALTORS®

APN: 14-19-204-030