NOT LISTED FOR SALE

Estimated Value: $182,000 - $220,000

-- Bed
3 Baths
-- Sq Ft
4,684 Sq Ft Lot Lot

Sale Details

Date Sold: April 16, 2019

Last sale price $157,000

Est. 27% increase in value since last sale

Current estimated payment $1,233 / mo

3 Days on Market

About This Home

As of April 2019

If you are looking for a SOLID investment property, look no further! Conveniently location near WMU, K-college and downtown....this TRI-PLEX has a solid rental history and income. Currently collecting almost $1900 in monthly rents (with small reductions given for auto draft payments) this 3 unit property is a gem! All units are 2 bedrooms and 1 bath. Each unit is in very good condition, with some updated mechanicals, front & back porches and a wrap around drive way for ease of parking. Each unit also has access to the clean, usable basement for storage and laundry facilities. Conveniently located next to a large, open park like area and in the Kalamzoo county public school ''Promise'' district. Currently, tenants pay gas & electric and landlord pays water/trash/sewer.

Last Agent to Sell the Property

Heather Martell

Martell Realty Inc. Listed on: 03/02/2019

Co-Listed By

Rob Martell

Martell Realty Inc. License #6506046161

Last Buyer's Agent

Riley Garant

CENTURY 21 Affiliated

CENTURY 21 Affiliated

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,681

Year Built

  • Built in 1885

Lot Details

  • 4,684 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Internet Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,681

Year Built

Built in 1885

Lot Details

4,684 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 149900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4684.0
  • Zoning Description: RM-36
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2680.84
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2020
Sold by
Ashwell Josep E and Ashwell Sarah
Bought by
Api Llc
Current Estimated Value
$199,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$106,337
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$92,936

Purchase Details

Listed on
Mar 2, 2019
Closed on
Apr 15, 2019
Sold by
Ashwell Joseph and Ashwell Sarah
Bought by
Ashwell Sarah and Ashwell Joseph
Seller's Agent
Heather Martell
Martell Realty Inc.
Buyer's Agent
Riley Garant
CENTURY 21 Affiliated
List Price
$149,900
Sold Price
$157,000
Premium/Discount to List
$7,100
4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$117,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2017
Closed on
Aug 15, 2017
Sold by
Miller Michael Chad
Bought by
Patrick & Candace Walters Living Trust
Seller's Agent
Michael Chad Miller
Keller Williams Kalamazoo Market Center
Buyer's Agent
Michael Chad Miller
Keller Williams Kalamazoo Market Center
List Price
$130,000
Sold Price
$105,000
Premium/Discount to List
-$25,000
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.24%

Purchase Details

Listed on
Jul 27, 2017
Closed on
Aug 11, 2017
Sold by
Wu Chunwu and Liao Fu
Bought by
Miller Michael Chad
Seller's Agent
Michael Chad Miller
Keller Williams Kalamazoo Market Center
Buyer's Agent
Michael Chad Miller
Keller Williams Kalamazoo Market Center
List Price
$130,000
Sold Price
$105,000
Premium/Discount to List
-$25,000
-19.23%

Purchase Details

Listed on
Jul 29, 2015
Closed on
Oct 30, 2015
Sold by
Wu Chunwu and Liao Fu
Bought by
Miller Michael Chad
Seller's Agent
Steve Snyder
Hoffman REALTORS
Buyer's Agent
Steve Snyder
Hoffman REALTORS
List Price
$79,000
Sold Price
$76,000
Premium/Discount to List
-$3,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.79%

Purchase Details

Closed on
Nov 6, 2008
Sold by
Mclaughlin Tom and Mclaughlin Peggy
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 10, 2006
Sold by
Triple J Properties Llc
Bought by
Mclaughlin Tom and Mclaughlin Peggie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Api Llc -- None Available
Ashwell Joseph E -- None Available
Ashwell Sarah -- Devon Title Company
Ashwell Joseph $157,000 Devon Title Company
Patrick & Candace Walters Living Trust $105,000 Devon Title Company
Miller Michael Chad $76,000 Devon Title Company
Miller Michael Chad -- Devon Title Company
Wells Fargo Bank Na $81,600 None Available
Mclaughlin Tom $127,512 Metro
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ashwell Joseph E $120,000
Previous Owner Ashwell Joseph $117,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2019 04/16/19 Sold $157,000 +4.7% --
03/05/2019 03/05/19 Pending -- -- --
03/02/2019 03/02/19 For Sale $149,900 +42.8% --
08/15/2017 08/15/17 Sold $105,000 -19.2% -- View Prior Sale
08/03/2017 08/03/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $130,000 +71.1% --
10/30/2015 10/30/15 Sold $76,000 -3.8% -- View Prior Sale
10/14/2015 10/14/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $79,000 -- --
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 $1,846 $100,000 $0 $0
2024 $1,792 $90,200 $0 $0
2023 $1,708 $78,700 $0 $0
2022 $4,039 $67,000 $0 $0
2021 $3,793 $60,900 $0 $0
2020 $3,721 $54,100 $0 $0
2019 $2,744 $45,100 $0 $0
2018 $2,681 $39,700 $0 $0
2017 $2,468 $37,300 $0 $0
2016 $2,468 $33,700 $0 $0
2015 $2,468 $33,700 $0 $0
2014 $2,468 $33,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19007415

MichRIC

APN: 06-21-208-002

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