NOT LISTED FOR SALE

Estimated Value: $209,000 - $262,000

5 Beds
3 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold November 09, 2023

Last sale price $205,088

Est. 11% increase in value since last sale

Current estimated payment $1,438/month

107 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Wood Siding

About This Home

As of November 2023

Live for free while the rental income covers your mortgage! Cash flowing when fully rented, 3 unit building just half a mile from the stunning new 400 Rose Apartment complex and across the street from Davis Field. In the Vine Neighborhood, this property is just minutes from WMU and Kalamazoo College, as well as shopping, restaurants and the bus line. 2 units currently rented leaving an option for owner occupant or a seasoned investor to place their own tenants in vacant unit. Building has been fully renovated over the last 5 years totaling $67,500 in updates. Separate gas and electric meters make it easy for tenants to handle utilities and laundry in the basement brings in additional income.

Last Agent to Sell the Property

Alison Glowinski

Mitten Real Estate License #6502406293 Listed on: 07/10/2023

Last Buyer's Agent

Will Howson

Coldwell Banker Realty License #6501387256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,843

Year Built

  • Built in 1885

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 34 x 66

Home Design

  • Wood Siding

Basement

  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,843

Year Built

Built in 1885

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1885
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 34 x 66
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: Res Imp
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Driveway:Shared Unpaved: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 230000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 34 x 66
  • Lot Size Sq Ft: 2178.0
  • Zoning Description: Res Imp

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2843.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Nov 8, 2023
Sold by
Dobrinich Matthew Adam and Dobrinich Adam
Bought by
Comstock Creek Properties Llc
Seller's Agent
Alison Glowinski
Mitten Real Estate
Buyer's Agent
Will Howson
Coldwell Banker Realty
List Price
$239,900
Sold Price
$205,088
Premium/Discount to List
-$34,812
-14.51%
Views
84
Current Estimated Value
$227,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,216
Avg. Annual Appreciation
4.42%
Original Mortgage
$165,000
Outstanding Balance
$142,465
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$84,839

Purchase Details

Closed on
Apr 20, 2023
Sold by
Per Housing Llc
Bought by
Dobrinich Dane and Dobrinich Adam

Purchase Details

Listed on
Oct 11, 2017
Closed on
Nov 15, 2017
Sold by
Rolfe Patrick
Bought by
Dobrinich Dane and Dobrinich Adam
Seller's Agent
Jessica Steele
Five Star Real Estate
Buyer's Agent
Alison Glowinski
Mitten Real Estate
List Price
$90,000
Sold Price
$70,000
Premium/Discount to List
-$20,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Nov 20, 2006
Sold by
Rolfe Emily
Bought by
Rolfe Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Rolfe Patrick and Rolfe Emily
Bought by
Per Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Comstock Creek Properties Llc $205,088 None Listed On Document
Comstock Creek Properties Llc $205,088 None Listed On Document
Dobrinich Dane -- Nations Title Agency
Dobrinich Dane $70,000 Nations Title Agency
Rolfe Patrick -- The Closing Office
Per Housing Llc -- --
Rolfe Patrick $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comstock Creek Properties Llc $165,000
Closed Comstock Creek Properties Llc $165,000
Previous Owner Rolfe Patrick $101,700
Previous Owner Rolfe Patrick $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2023 11/09/23 Sold $205,088 -10.8% --
10/25/2023 10/25/23 Pending -- -- --
08/15/2023 08/15/23 Price Changed $230,000 -4.1% --
07/10/2023 07/10/23 For Sale $239,900 +242.7% --
11/15/2017 11/15/17 Sold $70,000 -22.2% -- View Prior Sale
11/03/2017 11/03/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $90,000 -- --
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 $2,676 $100,200 $0 $0
2024 $2,598 $90,600 $0 $0
2023 $1,616 $78,600 $0 $0
2022 $2,844 $66,500 $0 $0
2021 $2,751 $60,300 $0 $0
2020 $2,699 $53,300 $0 $0
2019 $2,753 $44,100 $0 $0
2018 $2,539 $37,600 $0 $0
2017 $2,317 $35,400 $0 $0
2016 $2,317 $32,000 $0 $0
2015 $2,317 $32,100 $0 $0
2014 $2,317 $30,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23024099

MichRIC

APN: 06-21-209-007

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