$372,000
SOLD NOV 18, 2024

472 Academy St Kalamazoo, MI 49007

Central Business District Neighborhood
-- Bed
-- Bath
2,762 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Brick Exterior Construction
  • Laundry Facilities
  • 2-minute walk to Children's Nature Playscape

About This Home

As of November 2024

Unlock the potential of this stately, three-story, solid brick property located in the heart of downtown Kalamazoo. Zoned CCBD, this unique multi-use building offers endless possibilitiesideal for live/work setups or as a profitable investment property. Located just a block away from the upcoming Kalamazoo athletic center.

Currently operating as a successful short-term rental, each of the two spacious units boasts beautiful solid wood floors, a cozy living room with a fireplace, and elegant French doors.

Both units include large bedrooms that can be subdivided for additional space. The kitchens have been fully remodeled with modern stainless steel appliances, granite countertops, and sleek finishes. Each unit features a sunroomcurrently used as a second bedroomalong with a formal dining room, living room with fireplace, and an updated porch.

This property includes a dedicated parking lot. An open 3rd floor with two bedrooms also offers potential for expansion.

Last Agent to Sell the Property

Adam Carter

Five Star Real Estate License #6501449871 Listed on: 09/22/2024

Five Star Real Estate

Last Buyer's Agent

Rick Zuiderveen

Zuiderveen, REALTORS LLC License #6502350261

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66x99

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 1 Fireplace
  • Washer and Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 8 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Stone
  • List Price: 389000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup, In Basement, Lower Level, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Broadband

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 66x99
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 11184.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2024
Closed on
Dec 12, 2024
Sold by
Pruis Andrew
Bought by
Pruis Rentals Llc
Seller's Agent
Adam Carter
Five Star Real Estate
Buyer's Agent
Rick Zuiderveen
Zuiderveen, REALTORS LLC
List Price
$389,000
Sold Price
$372,000
Premium/Discount to List
-$17,000
-4.37%
Views
13
Current Estimated Value
$381,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,906
Original Mortgage
$279,000
Outstanding Balance
$277,971
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2024
Sold by
Sheriff Of Kalamazoo County
Bought by
Massachusetts Mutual Life Insurance Company

Purchase Details

Closed on
Jun 8, 2022
Sold by
Gst Property Management Llc
Bought by
Templin Daniel

Purchase Details

Closed on
Jan 27, 2020
Sold by
Rutgers Shawn and Rutgers Gregg
Bought by
Gst Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 8, 2018
Sold by
Schlack Michael D
Bought by
Rutgers Shawn and Rutgers Gregg
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Sheriffs Deed $318,233 None Listed On Document
Warranty Deed $329,000 Patrick Abstract & Title
Interfamily Deed Transfer -- None Available
Warranty Deed $240,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,000 New Conventional
Previous Owner $198,750 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $150,000 Commercial
Previous Owner $180,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $372,000 -4.4% $135 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/22/2024 09/22/24 For Sale $389,000 -- $141 / Sq Ft
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 $4,413 $139,900 $0 $0
2023 $4,152 $135,300 $0 $0
2022 $7,750 $132,800 $0 $0
2021 $7,496 $120,600 $0 $0
2020 $7,356 $108,200 $0 $0
2019 $7,088 $102,000 $0 $0
2018 $6,339 $96,300 $0 $0
2017 $6,383 $94,000 $0 $0
2016 $6,383 $90,200 $0 $0
2015 $6,383 $91,400 $0 $0
2014 $6,383 $87,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Adam Carter

    Five Star Real Estate

    (269) 689-9111

    1 in this area

    23 Total Sales

    Adam Carter
    Section Image

  • R

    Buyer's Agent in 2024

    Rick Zuiderveen

    Zuiderveen, REALTORS LLC

    (269) 375-6777

    4 in this area

    109 Total Sales

    Rick Zuiderveen
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24050107

Southwestern Michigan Association of REALTORS®

APN: 06-15-355-140

Michigan Kalamazoo County Kalamazoo 49007 Central Business District

472 Academy St, Kalamazoo, MI

This home is located at 472 Academy St, Kalamazoo, MI 49007 and is currently priced at $372,000, approximately $134 per square foot. This property was built in 1904. 472 Academy St is a home located in Kalamazoo County with nearby schools including Woods Lake Elementary School, Linden Grove Middle School, and Kalamazoo Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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