M
Seller's Agent in 2023
Madison Lukeman
Lukeman Group LLC
(269) 254-8561
28 in this area
54 Total Sales
509 Oak St Kalamazoo, MI 49007
Vine NeighborhoodEstimated Value: $194,000 - $298,967
--
Bed
--
Bath
--
Sq Ft
2,744
Sq Ft Lot
Highlights
- 1 Fireplace
- Laundry Facilities
- 4-minute walk to Davis Field
- Forced Air Heating System
- Wood Siding
About This Home
As of November 20234 Unit investment property located in the northern side of the Vine Neighborhood, and features four unique 1 bedroom, 1 bathroom units - highly desirable to tenant occupants due to location and all utilities included. Property has a new roof in 2019, furnace 2014, water heater in 2022, upgraded electrical in 2014 & 2023, and exterior paint in 2016 with City required touch-ups in 2023. Unit interiors have been updated as turnovers occur allowing rent increases. Easily accessible basement with coin laundry. There are two, off-street stack parking spaces on the north side of the building with 1 off-street parking space on the south side. Property City Certified through 12/31/2026. There is a 4% assumable loan available as a financing option. This Four-Plex is one property of a 2 property portfolio offering totaling 9 units. The second property is 529 Wheaton Avenue (mls#23133051). The seller is looking to sell these together but would be open to discussing the purchase of either property individually.
Last Agent to Sell the Property
Lukeman Group LLC License #6501378321 Listed on: 09/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,336
Year Built
- Built in 1895
Lot Details
- 2,744 Sq Ft Lot
- Lot Dimensions are 41.25x66
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1 Fireplace
- Basement
- Michigan Basement
Parking
- 3 Parking Spaces
- Unpaved Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
Listing and Financial Details
- The owner pays for trash collection, electricity, water, sewer, gas
Community Details
Building Details
- Insurance Expense $1,376
- Utility Expense $4,970
- Gross Income $42,000
- Net Operating Income $20,820
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 3, 2025
Sold by
Hecklinski Timothy and Hecklinski Sara
Bought by
Kzoo Group One Llc
Current Estimated Value
Purchase Details
Listed on
Sep 22, 2023
Closed on
Nov 17, 2023
Sold by
509 Oak Street Llc
Bought by
Hecklinski Timothy Edward and Hecklinski Sara
Seller's Agent
Madison Lukeman
Lukeman Group LLC
Buyer's Agent
Ryan Prichard
Keller Williams Realty Rivertown
List Price
$293,000
Sold Price
$277,000
Premium/Discount to List
-$16,000
-5.46%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.77%
Original Mortgage
$207,750
Interest Rate
7.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2022
Sold by
Michael Glunk
Bought by
509 Oak Street Llc
Purchase Details
Listed on
Jun 29, 2021
Closed on
Jul 14, 2021
Sold by
Diamond Rentals Llc
Bought by
Glunk Michael W and Glunk Shannon
Seller's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
Buyer's Agent
Madison Lukeman
Lukeman Group LLC
List Price
$184,900
Sold Price
$190,000
Premium/Discount to List
$5,100
2.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Purchase Details
Closed on
Oct 15, 2007
Sold by
Cloyd Mark and Cloyd Carol
Bought by
City Of Kalamazoo
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kzoo Group One Llc | -- | None Listed On Document | |
| Hecklinski Timothy Edward | $277,000 | None Listed On Document | |
| 509 Oak Street Llc | -- | None Listed On Document | |
| Glunk Michael W | $190,000 | Chicago Title Of Mi Inc | |
| City Of Kalamazoo | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hecklinski Timothy Edward | $207,750 | |
| Previous Owner | Glunk Michael W | $130,000 | |
| Previous Owner | Diamond Rentals Llc | $53,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $277,000 | -5.5% | -- |
| 10/05/2023 10/05/23 | Pending | -- | -- | -- |
| 09/22/2023 09/22/23 | For Sale | $293,000 | +54.2% | -- |
| 07/15/2021 07/15/21 | Sold | $190,000 | +2.8% | -- |
| 07/01/2021 07/01/21 | Pending | -- | -- | -- |
| 06/29/2021 06/29/21 | For Sale | $184,900 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $1,844 | $71,000 | $0 | $0 |
| 2024 | $1,844 | $64,300 | $0 | $0 |
| 2023 | $1,453 | $56,400 | $0 | $0 |
| 2022 | $3,336 | $48,200 | $0 | $0 |
| 2021 | $1,254 | $44,000 | $0 | $0 |
| 2020 | $1,230 | $39,300 | $0 | $0 |
| 2019 | $1,185 | $33,100 | $0 | $0 |
| 2018 | $1,157 | $28,400 | $0 | $0 |
| 2017 | $1,167 | $26,800 | $0 | $0 |
| 2016 | $1,167 | $24,300 | $0 | $0 |
| 2015 | $1,167 | $24,400 | $0 | $0 |
| 2014 | $1,167 | $24,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Madison Lukeman
-
Ryan Prichard
Buyer's Agent in 2023
Ryan Prichard
Keller Williams Realty Rivertown
(616) 295-3632
3 in this area
244 Total Sales
-
Missy Dahlinger
Seller's Agent in 2021
Missy Dahlinger
Berkshire Hathaway HomeServices MI
(269) 358-3800
20 in this area
71 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23135383
APN: 06-21-237-008
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