Seller's Agent in 2022
Missy Dahlinger
Berkshire Hathaway HomeServices MI
(269) 358-3800
20 in this area
71 Total Sales
412 Forest St Kalamazoo, MI 49001
Vine NeighborhoodEstimated Value: $183,000 - $262,000
--
Bed
--
Bath
--
Sq Ft
5,881
Sq Ft Lot
Highlights
- 0.14 Acre Lot
- High Speed Internet
- 3-minute walk to S Westnedge Park
- Forced Air Heating System
About This Home
As of July 2022This is a great opportunity to own a 4-unit minutes away from downtown amenities and colleges. Live in one unit and have tenants pay your mortgage! Features two 2-bedroom apartments and two 1-bedroom apartments. New roof in 2019 and city certified this month. Off street parking and shared basement laundry are great features that help to attract tenants.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices MI Listed on: 03/14/2022
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $3,898
Year Built
- Built in 1886
Lot Details
- 5,881 Sq Ft Lot
Parking
- 6 Parking Spaces
Home Design
- Composition Roof
- Aluminum Siding
- Shingle Siding
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- The owner pays for sewer, gas
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,669
- Maintenance Expense $2,407
- Manager Expense $2,790
- Operating Expense $13,533
- Gross Income $38,820
- Net Operating Income $25,287
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2022
Closed on
Jul 19, 2022
Sold by
Wall Street Llc
Bought by
Rinck Ryan
Seller's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
Buyer's Agent
Ryan Rinck
Keller Williams Realty Rivertown
List Price
$170,000
Sold Price
$172,000
Premium/Discount to List
$2,000
1.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,186
Avg. Annual Appreciation
3.68%
Original Mortgage
$168,884
Interest Rate
5.81%
Mortgage Type
FHA
Purchase Details
Listed on
Dec 27, 2018
Closed on
Mar 4, 2019
Sold by
Strombeck Andrew P
Bought by
Wall Street Llc
Seller's Agent
Ramon Huerta
Bellabay Realty, LLC
Buyer's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
List Price
$115,000
Sold Price
$107,000
Premium/Discount to List
-$8,000
-6.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%
Purchase Details
Closed on
Nov 26, 2007
Sold by
Titan Management Group Llc
Bought by
Strombeck Andrew P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2007
Sold by
Strombeck Andrew and Olson Sarah
Bought by
Titan Management Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 2007
Sold by
Titan Management Group Llc
Bought by
Strombeck Andrew
Purchase Details
Closed on
Nov 21, 2006
Sold by
Tovara Properties Llc
Bought by
Titan Management Group Llc
Purchase Details
Closed on
Apr 30, 2004
Sold by
The 412 Forest Lp
Bought by
Tovara Properties Llc
Purchase Details
Closed on
Dec 18, 2002
Sold by
412 Forest Land Tr Equity Solutions Llc
Bought by
Rininger Rich A and Rininger Kieu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 27, 2002
Sold by
Titan Management Group Llc
Bought by
The 412 Forest Lp
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rinck Ryan | $172,000 | River West Title Agency | |
| Wall Street Llc | $107,000 | None Available | |
| Strombeck Andrew P | $125,000 | Metropolitan | |
| Titan Management Group Llc | -- | None Available | |
| Strombeck Andrew | -- | None Available | |
| Titan Management Group Llc | -- | None Available | |
| Tovara Properties Llc | -- | -- | |
| Rininger Rich A | $100,000 | Metro | |
| The 412 Forest Lp | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rinck Ryan | $168,884 | |
| Previous Owner | Strombeck Andrew P | $118,500 | |
| Previous Owner | Rininger Rich A | $91,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2022 07/19/22 | Sold | $172,000 | +1.2% | -- |
| 03/14/2022 03/14/22 | For Sale | $170,000 | +58.9% | -- |
| 03/11/2022 03/11/22 | Pending | -- | -- | -- |
| 03/04/2019 03/04/19 | Sold | $107,000 | -7.0% | -- |
| 01/03/2019 01/03/19 | Pending | -- | -- | -- |
| 12/27/2018 12/27/18 | For Sale | $115,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $2,879 | $102,500 | $0 | $0 |
| 2024 | $2,879 | $92,600 | $0 | $0 |
| 2023 | $2,679 | $80,800 | $0 | $0 |
| 2022 | $4,184 | $68,800 | $0 | $0 |
| 2021 | $3,898 | $62,600 | $0 | $0 |
| 2020 | $3,824 | $55,600 | $0 | $0 |
| 2019 | $2,467 | $46,400 | $0 | $0 |
| 2018 | $2,523 | $40,800 | $0 | $0 |
| 2017 | $2,889 | $38,400 | $0 | $0 |
| 2016 | $2,889 | $34,800 | $0 | $0 |
| 2015 | $2,889 | $34,800 | $0 | $0 |
| 2014 | $2,889 | $34,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2022
Ryan Rinck
Keller Williams Realty Rivertown
(616) 288-3244
2 in this area
46 Total Sales
-
R
Seller's Agent in 2019
Ramon Huerta
Bellabay Realty, LLC
(269) 350-9007
1 in this area
34 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 22007960
APN: 06-22-316-003
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