Z
Seller's Agent in 2024
Zac Folsom
NextHome ONE of Kalamazoo
(269) 370-1085
3 in this area
134 Total Sales
425 Douglas Ave Kalamazoo, MI 49007
West Douglas NeighborhoodEstimated Value: $263,000 - $352,000
4
Beds
2
Baths
--
Sq Ft
6,534
Sq Ft Lot
Highlights
- 1 Fireplace
- Window Unit Cooling System
- Hot Water Heating System
About This Home
As of May 2024Discover an exceptional opportunity in the vibrant heart of Kalamazoo, where multifamily living meets modern convenience and timeless design. This beautifully designed duplex, with the potential to transform back into a triplex, presents a unique investment opportunity or an ideal scenario for those looking to delve into house hacking.
Each unit within this remarkable property spans over 1600 square feet, offering spacious 3-bedroom, 1-bathroom layouts that defy the expectations of typical rental accommodations. Far from the choppy floor plans often found in the area, these units feature seamless, well-thought-out spaces that promise comfort and privacy for occupants.
Situated within walking distance of K College and its renowned tennis courts, this duplex not only enjoys a prime location but also boasts incredible rental potential, especially if leased by the bedroom. It's an investor's dream, with the added appeal of catering to the vibrant student and young professional community in Kalamazoo.
Inside, the property doesn't shy away from modern advancements. Equipped with new German-engineered boilers, residents can enjoy precise temperature control directly from their smartphones, ensuring comfort throughout the changing seasons. The property also features a newer roof, an updated 3-car detached garage, and a charming brick exterior that exudes timeless elegance.
Currently, the home is fully tenanted, with the upstairs lease concluding in the summertime. This timing is perfect for those looking to step into the landlord role with minimal vacancy or for an investor aiming to optimize rental income. The existing tenants underscore the property's appeal and its readiness as a turn-key investment.
In essence, this duplex offers more than just a living space; it's a smart investment in one of Kalamazoo's most sought-after locations. Whether you're an investor looking to expand your portfolio or someone exploring the advantages of house hacking, this property promises not just returns, but a gateway to a vibrant community and a lifestyle of convenience and connectivity. Step into a world of opportunity with this multifamily gem.
Last Agent to Sell the Property
NextHome ONE of Kalamazoo License #6501384937 Listed on: 04/03/2024
Last Buyer's Agent
Angela Helmboldt
Zac Folsom Group License #6501457043
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,676
Year Built
- Built in 1924
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 43x144
Parking
- 10 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 1 Fireplace
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Window Unit Heating System
- Hot Water Heating System
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electric, trash, gas
- The owner pays for water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
May 8, 2024
Sold by
Honu Properties Llc
Bought by
Isch Elijah J and Isch Maria A
Seller's Agent
Zac Folsom
NextHome ONE of Kalamazoo
Buyer's Agent
Angela Helmboldt
Zac Folsom Group
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Views
19
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
$2,661
Avg. Annual Appreciation
2.43%
Original Mortgage
$248,000
Outstanding Balance
$245,150
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$74,694
Purchase Details
Closed on
Sep 8, 2020
Sold by
Hart Anne C
Bought by
Honu Properties Lcl
Purchase Details
Listed on
May 10, 2017
Closed on
Jun 8, 2017
Sold by
Wojcik Korrine
Bought by
Hart Anne C
Seller's Agent
Steve Schreuder
Jaqua, REALTORS
Buyer's Agent
Nate Hawthorne
Chuck Jaqua, REALTOR
List Price
$150,000
Sold Price
$162,400
Premium/Discount to List
$12,400
8.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Purchase Details
Listed on
Nov 6, 2014
Closed on
Jan 7, 2015
Sold by
Cepheus Properties Llc
Bought by
Wojcik Korrine
Seller's Agent
Emily Parfet
Berkshire Hathaway HomeServices MI
Buyer's Agent
Steve Schreuder
Jaqua, REALTORS
List Price
$125,000
Sold Price
$125,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$122,735
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 29, 2006
Sold by
North Drummond Island Tea Co Llc
Bought by
Cepheus Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.49%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Isch Elijah J | $310,000 | Ata National Title Group | |
| Honu Properties Lcl | -- | None Available | |
| Hart Anne C | $162,400 | Ask Services Inc | |
| Wojcik Korrine | $125,000 | Chicago Title Company | |
| Cepheus Properties Llc | -- | The Talon Grp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Isch Elijah J | $248,000 | |
| Previous Owner | Wojcik Korrine | $122,735 | |
| Previous Owner | Cepheus Properties Llc | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2024 05/08/24 | Sold | $310,000 | -1.6% | -- |
| 04/07/2024 04/07/24 | Pending | -- | -- | -- |
| 04/03/2024 04/03/24 | For Sale | $315,000 | +94.0% | -- |
| 06/08/2017 06/08/17 | Sold | $162,400 | +8.3% | -- |
| 05/13/2017 05/13/17 | Pending | -- | -- | -- |
| 05/10/2017 05/10/17 | For Sale | $150,000 | +20.0% | -- |
| 01/08/2015 01/08/15 | Sold | $125,000 | 0.0% | -- |
| 11/19/2014 11/19/14 | Pending | -- | -- | -- |
| 11/06/2014 11/06/14 | For Sale | $125,000 | -- | -- |
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 | $2,813 | $160,000 | $0 | $0 |
| 2024 | $2,813 | $162,200 | $0 | $0 |
| 2023 | $2,681 | $150,800 | $0 | $0 |
| 2022 | $6,157 | $120,700 | $0 | $0 |
| 2021 | $5,955 | $107,300 | $0 | $0 |
| 2020 | $5,842 | $97,600 | $0 | $0 |
| 2019 | $5,677 | $91,700 | $0 | $0 |
| 2018 | $5,497 | $81,400 | $0 | $0 |
| 2017 | $4,278 | $80,700 | $0 | $0 |
| 2016 | $4,278 | $78,200 | $0 | $0 |
| 2015 | $4,278 | $67,300 | $0 | $0 |
| 2014 | $4,278 | $59,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Zac Folsom
-
A
Buyer's Agent in 2024
Angela Helmboldt
Zac Folsom Group
-
Steve Schreuder
Seller's Agent in 2017
Steve Schreuder
Jaqua, REALTORS
(269) 998-3865
1 in this area
112 Total Sales
-
Nate Hawthorne
N
Buyer's Agent in 2017
Nate Hawthorne
Chuck Jaqua, REALTOR
(269) 381-7653
64 Total Sales
-
Emily Parfet
E
Seller's Agent in 2015
Emily Parfet
Berkshire Hathaway HomeServices MI
(269) 270-3289
1 in this area
36 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24015589
APN: 06-16-334-008
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