NOT LISTED FOR SALE

Estimated Value: $284,000 - $334,000

6 Beds
4 Baths
-- Sq Ft
9,596 Sq Ft Lot

Last Sold August 04, 2022

Last sale price $275,000

Est. 15% increase in value since last sale

Current estimated payment $1,991/month

10 Days on Market

About This Home

As of August 2022

Nice 4 Unit Rental property. The upper level offers Two 2 bedroom units and lower level offers Two 1 bedroom units. Three separate basement areas with laundry facilities. 2 bedroom units have their own basements and laundries and 1 bedroom units share a laundry. 2 bedroom units are below market rent. One furnace services all 4 units. This property is located in the Kalamazoo Promise district. Unit #3 is currently vacant and rent of $625 is projected. Current rents are below market.

Last Agent to Sell the Property

Jeff Bertolissi

Berkshire Hathaway HomeServices MI License #6502334351 Listed on: 06/23/2022

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Christopher Speer

eXp Realty LLC License #6501418107

eXp Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,290

Year Built

  • Built in 1959

Lot Details

  • 9,596

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Hot Water Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Walk-Out Basement
  • 9,596 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,290

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • Construction Materials: Concrete
  • List Price: 279900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: None, Hot Water
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9596.0
  • Zoning Description: RM-15
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5290.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 4, 2022
Sold by
Birchwood Group Llc
Bought by
Poorman Andrew Reid and Mabery Ashley Scarlett
Seller's Agent
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
Buyer's Agent
Christopher Speer
eXp Realty LLC
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Current Estimated Value
$315,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,132
Avg. Annual Appreciation
2.88%
Original Mortgage
$206,250
Outstanding Balance
$198,022
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$102,452

Purchase Details

Listed on
Oct 14, 2015
Closed on
Aug 15, 2016
Sold by
Aasen Garth and Aasen Janae
Bought by
Birchwood Group Llc
Seller's Agent
Vinette Reames
RE/MAX Elite Group T.R.
Buyer's Agent
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$108,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2015
Closed on
Aug 10, 2016
Sold by
Mayer Robert and Mayer Frances
Bought by
Aasen Garth
Seller's Agent
Vinette Reames
RE/MAX Elite Group T.R.
Buyer's Agent
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Poorman Andrew Reid $275,000 New Title Company Name
Birchwood Group Llc -- Title Resource Agency
Aasen Garth $145,000 Ask Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poorman Andrew Reid $206,250
Previous Owner Aasen Garth $108,750
Previous Owner Mayer Robert $140,000
Previous Owner Mayer Robert $26,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $275,000 -1.8% --
07/03/2022 07/03/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $279,900 +93.0% --
08/10/2016 08/10/16 Sold $145,000 -17.1% --
06/06/2016 06/06/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $175,000 -- --
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
2025 $3,749 $154,300 $0 $0
2024 $3,749 $144,000 $0 $0
2023 $3,573 $124,500 $0 $0
2022 $5,352 $107,700 $0 $0
2021 $5,290 $99,300 $0 $0
2020 $5,078 $92,700 $0 $0
2019 $5,005 $84,800 $0 $0
2018 $4,778 $71,500 $0 $0
2017 $4,690 $69,300 $0 $0
2016 $4,690 $62,500 $0 $0
2015 $4,690 $62,600 $0 $0
2014 $4,690 $65,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22025770

Southwestern Michigan Association of REALTORS®

APN: 06-34-340-200