NOT LISTED FOR SALE

423 Elm St Kalamazoo, MI 49007

Stuart Neighborhood

Estimated Value: $255,000 - $293,000

Studio
-- Bath
-- Sq Ft
10,890 Sq Ft Lot

Sale Details

Date Sold: August 3, 2018

Last sale price $188,000

Est. 42% increase in value since last sale

Current estimated payment $1,670 / mo

11 Days on Market

Highlights

  • Window Unit Cooling System
  • Wood Siding
  • 4-minute walk to West Main Park
  • Forced Air Heating System

About This Home

As of August 2018

Great investment property in the Stuart historic district, close to K College and WMU campus. This beautiful home, with Italianate architecture, was built in 1875. This 3 unit was completely renovated in 2005. Each unit has its own heating unit & electric panel. Unit 1 is 4 bedroom w/ 1856 sq. ft. Unit 2 & 3 are each 1 bedroom units

Last Agent to Sell the Property

Rick Zuiderveen

Zuiderveen, REALTORS LLC License #6502350261 Listed on: 06/08/2018

Co-Listed By

Irene Zuiderveen

Zuiderveen, REALTORS LLC License #6504163257

Last Buyer's Agent

Steve Schreuder

Jaqua, REALTORS License #6501345040

Jaqua, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,606

Year Built

  • Built in 1875

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 66 x 165

Parking

  • 7 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Community Details

Overview

  • 3 Units

Building Details

  • Maintenance Expense $1,293
  • Utility Expense $339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,606

Year Built

Built in 1875

Lot Details

0.25 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1875
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 72.49
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3606.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 215000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Maintenance Expense: 1293.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3606.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Williams Thomas R
Bought by
Bright Horizon Properties Llc
Current Estimated Value
$267,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,526
Outstanding Balance
$115,068
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$152,727

Purchase Details

Closed on
Dec 17, 2018
Sold by
Williams Thomas Reid
Bought by
Bright Horizon Properties Llc

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 3, 2018
Sold by
Spaulding Kurt
Bought by
Williams Thomas Reid
Seller's Agent
Rick Zuiderveen
Zuiderveen, REALTORS LLC
Buyer's Agent
Steve Schreuder
Jaqua, REALTORS
List Price
$215,000
Sold Price
$188,000
Premium/Discount to List
-$27,000
-12.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$141,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2003
Sold by
Spaulding Kurt and Spaulding Kurt L
Bought by
Spaulding Kurt and Spaulding Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
City Of Kalamazoo
Bought by
Spaulding Kurt

Purchase Details

Closed on
Mar 12, 2003
Sold by
Adair Holdings Llc
Bought by
Spalding Kurt

Purchase Details

Closed on
Feb 1, 2003
Sold by
Huiskamp Robert W and Huiskamp Patricia S
Bought by
Adair Holdings Llc

Purchase Details

Closed on
Dec 4, 2002
Sold by
Conti Annette M
Bought by
Adair Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bright Horizon Properties Llc -- None Available
Williams Thomas R -- None Available
Bright Horizon Properties Llc -- None Available
Williams Thomas Reid $188,000 Devon Title Co
Spaulding Kurt -- --
Spaulding Kurt $7,755 --
Spalding Kurt $91,000 --
Adair Holdings Llc $47,930 --
Adair Holdings Llc -- --
Adair Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Thomas R $129,526
Previous Owner Williams Thomas Reid $141,000
Previous Owner Spaulding Kurt $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $188,000 -12.6% --
06/19/2018 06/19/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $215,000 -- --
Source: MichRIC

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 $2,883 $138,800 $0 $0
2024 $3,047 $123,800 $0 $0
2023 $2,598 $115,900 $0 $0
2022 $6,288 $94,600 $0 $0
2021 $5,808 $86,500 $0 $0
2020 $5,517 $81,800 $0 $0
2019 $5,205 $77,100 $0 $0
2018 $3,771 $71,900 $0 $0
2017 $3,892 $70,900 $0 $0
2016 $3,892 $67,900 $0 $0
2015 $3,892 $59,400 $0 $0
2014 $3,892 $53,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rick Zuiderveen

    Zuiderveen, REALTORS LLC

    (269) 375-6777

    7 in this area

    98 Total Sales

    Rick Zuiderveen
    Section Image
  • Irene Zuiderveen

    Seller Co-Listing Agent in 2018

    Irene Zuiderveen

    Zuiderveen, REALTORS LLC

    (269) 217-4689

    2 in this area

    30 Total Sales

    Irene Zuiderveen
    Section Image
  • Steve Schreuder

    Buyer's Agent in 2018

    Steve Schreuder

    Jaqua, REALTORS

    (269) 998-3865

    118 Total Sales

    Steve Schreuder
    Section Image
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Map

Source: MichRIC

MLS Number: 18026142

MichRIC

APN: 06-16-409-011

Michigan Kalamazoo County Kalamazoo 49007 Stuart

423 Elm St, Kalamazoo, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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