NOT LISTED FOR SALE

42 Washington Galesburg, MI 49053

Estimated Value: $173,000 - $198,000

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold March 12, 2020

Last sale price $100,000

Est. 85% increase in value since last sale

Current estimated payment $1,136/month

230 Days on Market

About This Home

As of March 2020

Turnkey 3 unit property in the City of Galesburg. Unit #1 $700 2bed 1 bath; Unit #2 $470 1 bed 1 bath; Unit #3 $450 1 bed 1 bath. Owner pays all utilities.
Newer Furnace (Jan 2018). All units currently rented. Two of the units have been recently painted and have new carpet.

Last Agent to Sell the Property

Dan Berryman

Chuck Jaqua, REALTOR License #6501327826 Listed on: 05/29/2019

Chuck Jaqua, REALTOR

Last Buyer's Agent

Kristi McFellin

CENTURY 21 Affiliated License #6501344369

CENTURY 21 Affiliated

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1900

Lot Details

  • 8,276

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $732
  • Maintenance Expense $2,830
  • Manager Expense $1,419

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,335

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 113500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Insurance Expense: 732.0
  • Maintenance Expense: 2830.0
  • Manager Expense: 1419.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2335.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Mar 12, 2020
Sold by
Ball Jay G and Grover Lon H
Bought by
Sweet Dreams Housing Llc
Seller's Agent
Dan Berryman
Chuck Jaqua, REALTOR
Buyer's Agent
Kristi McFellin
CENTURY 21 Affiliated
List Price
$123,500
Sold Price
$100,000
Premium/Discount to List
-$23,500
-19.03%
Current Estimated Value
$185,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,091
Avg. Annual Appreciation
12.15%
Original Mortgage
$75,000
Outstanding Balance
$66,728
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$120,925

Purchase Details

Closed on
Nov 14, 2005
Sold by
Palmer Sage A and Palmer Kathleen A
Bought by
Ball Jay G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.13%
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
Sweet Dreams Housing Llc $100,000 Devon Title Company
Ball Jay G $105,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet Dreams Housing Llc $75,000
Previous Owner Ball Jay G $84,000
Previous Owner Palmer Sage A $33,500
Previous Owner Palmer Sage A $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $100,000 -19.0% --
01/14/2020 01/14/20 Pending -- -- --
05/29/2019 05/29/19 For Sale $123,500 -- --
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 $1,620 $76,600 $0 $0
2024 $1,620 $70,000 $0 $0
2023 $1,544 $64,200 $0 $0
2022 $3,465 $54,500 $0 $0
2021 $3,298 $53,600 $0 $0
2020 $2,512 $48,500 $0 $0
2019 $2,316 $40,300 $0 $0
2018 $0 $43,000 $0 $0
2017 $0 $45,200 $0 $0
2016 -- $41,400 $0 $0
2015 -- $40,900 $0 $0
2014 -- $46,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Berryman

    Seller's Agent in 2020

    Dan Berryman

    Chuck Jaqua, REALTOR

    (269) 598-4472

    2 in this area

    71 Total Sales

    Dan Berryman
    Section Image

  • K

    Buyer's Agent in 2020

    Kristi McFellin

    CENTURY 21 Affiliated

    (269) 274-8738

    2 in this area

    87 Total Sales

    Kristi McFellin
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19023330

Southwestern Michigan Association of REALTORS®

APN: 07-13-460-090

Michigan Kalamazoo County Galesburg 49053

42 Washington, Galesburg, MI

This home is located at 42 Washington, Galesburg, MI 49053 since 29 May 2019 and is currently estimated at $185,091. This property was built in 1900. 42 Washington is a home located in Kalamazoo County with nearby schools including Galesburg-Augusta Primary School, Galesburg-Augusta Middle School, and Galesburg-Augusta High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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