NOT LISTED FOR SALE

Estimated Value: $158,000 - $174,422

3 Beds
2 Baths
-- Sq Ft
2,744 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $170,000

Est. 2% decrease in value since last sale

Current estimated payment $1,050/month

80 Days on Market

Highlights

  • 1 Fireplace
  • Window Unit Cooling System
  • 3-minute walk to S Westnedge Park
  • Cul-De-Sac
  • Forced Air Heating System

About This Home

As of May 2023

Come check out this beautiful duplex rental property. It has historic charm, it is professionally managed, and it is certified through 8/31/2024.

Existing residents of both units are on good terms. Ability to relocate resident of either unit also exists, if an interested Buyer wishes to occupy one of the apartment units.

The property consists of a 1 Bed / 1 Bath main-level apartment unit, and a 2 Bed / 1 Bath upper-level apartment unit, each with its own sizeable living room. Featuring vinyl and carpeted flooring, functional bathrooms, fresh paint, new electrical fixtures, and stainless-steel appliances (for the upstairs unit), this rental property is stable and in a desirable location. The rear yard is modest and low maintenance in the summer. Keyless deadbolts provide easy access to all exterior and unit doors. Shared laundry facilities are located in the clean, dry basement.

Both tenants are on long-term leases. Gross Annual Rent is $20,400. Gas and electric utilities are on separate meters for each respective unit.

This property is a real gem, nestled right in the heart of one of Kalamazoo's greatest neighborhoods, The Vine.

Last Agent to Sell the Property

Ethan Epplett

Whitmore Realty Group, LLC Listed on: 01/13/2023

Last Buyer's Agent

Marta Parilli

Carlson, REALTORS & Development, LLC License #6501364342

Carlson, REALTORS & Development, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1910

Lot Details

  • 2,744 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Basement
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Paved Parking

Utilities

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

Community Details

  • 2 Units

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

$1,762

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: No Data to Display
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1762.44
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Driveway:Gravel: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: Yes

Exterior Features

  • Construction Materials: Other, Brick
  • List Price: 179900.0
  • Lot Features: Cul-De-Sac
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Gravel, Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas, None
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Public Water Available, Public Sewer Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: No Data to Display
  • Lot Size Sq Ft: 2744.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1762.44
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
May 19, 2023
Sold by
Odyssey Alpha Llc
Bought by
Osei Lewis and Sika Abigail A
Seller's Agent
Ethan Epplett
Whitmore Realty Group, LLC
Buyer's Agent
Marta Parilli
Carlson, REALTORS & Development, LLC
List Price
$214,900
Sold Price
$170,000
Premium/Discount to List
-$44,900
-20.89%
Views
125
Current Estimated Value
$166,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,394
Avg. Annual Appreciation
-0.12%
Original Mortgage
$127,500
Outstanding Balance
$124,226
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$45,289

Purchase Details

Closed on
Feb 11, 2022
Sold by
Sims David M
Bought by
Odyssey Alpha Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2020
Sold by
Sims David M and Sims Judy A
Bought by
Sims David M and Sims Judy A
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Osei Lewis $170,000 Ata National Title Group
Odyssey Alpha Llc $93,200 Ata National Title Group
Sims David M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osei Lewis $127,500
Previous Owner Odyssey Alpha Llc $69,900
Previous Owner Sims David M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $170,000 -5.5% --
04/03/2023 04/03/23 Pending -- -- --
02/25/2023 02/25/23 Price Changed $179,900 -5.3% --
02/16/2023 02/16/23 Price Changed $189,900 -5.0% --
02/01/2023 02/01/23 Price Changed $199,900 -7.0% --
01/13/2023 01/13/23 For Sale $214,900 -- --
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 $1,727 $66,900 $0 $0
2024 $1,727 $60,200 $0 $0
2023 $1,507 $52,500 $0 $0
2022 $1,762 $44,700 $0 $0
2021 $1,705 $40,600 $0 $0
2020 $1,673 $36,100 $0 $0
2019 $1,611 $30,400 $0 $0
2018 $1,574 $26,800 $0 $0
2017 $1,587 $25,200 $0 $0
2016 $1,587 $23,400 $0 $0
2015 $1,587 $23,500 $0 $0
2014 $1,587 $22,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23001150

Southwestern Michigan Association of REALTORS®

APN: 06-22-165-012