NOT LISTED FOR SALE

4510 Arboretum Pkwy Unit Pcl 8B Kalamazoo, MI 49006

Arcadia Neighborhood

Estimated Value: $161,410

1 Acre
$161,410 Price per Acre
43,560 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $149,000

Est. 8% increase in value since last sale

Current estimated payment $1,148/month

2,734 Days on Market

Highlights

  • 1 Acre Lot
  • High Speed Internet
  • Level Lot

About This Lot

As of September 2022

OFFICE/RETAIL DEVELOPMENT OPPORTUNITY - Join Mercantile Bank, Gilden Woods Early Care & Preschool and the Parkway Flats 241-unit apartment complex on Kalamazoo's west side. Fronting Drake Road and/or Arboretum Parkway, parcels range from 1 - 3 acres. Site is located at lighted intersection - just south of W. Main retail corridor and west of the WMU campus - adjacent to Linden Grove Middle School and Walden Woods condominiums.

Last Agent to Sell the Property

Jodi Milks

NAI Wisinski of West Michigan License #6502339107 Listed on: 12/29/2014

NAI Wisinski of West Michigan

Last Buyer's Agent

Non Member

Non-Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,983

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is zoned CC, CC

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,983

Lot Details

0

Listing Details

  • Property Sub-Type: Commercial Land
  • Property Type: Land
  • ResoPropertyType: Land
  • Water Public Water2: Yes
  • Sewer Public Sewer2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Broadband

Exterior Features

  • List Price: 149000.0
  • Lot Features: Level, Buildable
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Phone Available, Storm Sewer, None
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: CC
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2014
Closed on
Sep 14, 2022
Sold by
Western Michigan University Foundation
Bought by
Arboretum Property Group Llc
Seller's Agent
Jodi Milks
NAI Wisinski of West Michigan
Buyer's Agent
Non Member
Non-Office
List Price
$775,000
Sold Price
$149,000
Premium/Discount to List
-$626,000
-80.77%
Current Estimated Value
$161,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,410
Avg. Annual Appreciation
2.94%
Source: Public Records

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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
Arboretum Property Group Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $149,000 -80.8% --
06/24/2022 06/24/22 Pending -- -- --
12/29/2014 12/29/14 For Sale $775,000 -- --
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
2024 $2,983 $104,000 $0 $0
2023 $2,985 $104,000 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14066939

Southwestern Michigan Association of REALTORS®

APN: 06-19-112-001