NOT LISTED FOR SALE

513 Forest St Kalamazoo, MI 49008

Vine Neighborhood

Estimated Value: $142,000 - $174,657

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold October 12, 2020

Last sale price $114,666

Est. 41% increase in value since last sale

Current estimated payment $1,016/month

120 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to S Westnedge Park
  • High Speed Internet

About This Home

As of October 2020

This house is 1 of 5 houses in a rental portfolio sale. All 5 houses were completely renovated including, but not limited to; new electrical, plumbing, furnaces, roofs, kitchens/bathrooms. Both duplexes have separate utilities. ~100% occupancy through the lifetime of the portfolio! Most active leases have supporting Guarantee Agreements for tenants. Buyers will be required to sign a Non-Disclosure Agreement, as well as prove financial capability before any financial information will be shared. The units are occupied, so please do not approach Tenants. The owner is a licensed MI real estate Broker

Last Agent to Sell the Property

Andrew Gyorkos

Kalamazoo Commercial Real Estate License #6502406462 Listed on: 03/19/2020

Co-Listed By

T.J. Ward

Kalamazoo Commercial Real Estate

Last Buyer's Agent

Andrew Gyorkos

Kalamazoo Commercial Real Estate License #6502406462 Listed on: 03/19/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 1909

Lot Details

  • 3,006 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,061

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 119500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3006.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 2061.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Sep 30, 2020
Sold by
Gyorkos Andrew and Gyorkos Amy
Bought by
Walter Stuart and Walter Julie
Seller's Agent
Andrew Gyorkos
Kalamazoo Commercial Real Estate
Buyer's Agent
Andrew Gyorkos
Kalamazoo Commercial Real Estate
List Price
$119,500
Sold Price
$114,667
Premium/Discount to List
-$4,833
-4.04%
Current Estimated Value
$162,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,497
Avg. Annual Appreciation
7.42%
Original Mortgage
$92,000
Outstanding Balance
$82,198
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$80,311

Purchase Details

Listed on
Mar 19, 2020
Closed on
Sep 10, 2020
Sold by
Lantz Karen Holley and The K Holley Lantz Trust
Bought by
Double A Properties Llc
Seller's Agent
Andrew Gyorkos
Kalamazoo Commercial Real Estate
Buyer's Agent
Andrew Gyorkos
Kalamazoo Commercial Real Estate
List Price
$119,500
Sold Price
$114,667
Premium/Discount to List
-$4,833
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Outstanding Balance
$82,198
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$80,311

Purchase Details

Closed on
Jun 5, 2017
Sold by
Lantz K Holley and Lantz Karen Holley
Bought by
Lantz Karen Holley and K Holley Lantz Trust

Purchase Details

Closed on
Oct 7, 2010
Sold by
Lantz K Holley
Bought by
Double A Properties Llc

Purchase Details

Closed on
Sep 24, 2010
Sold by
Illeni Janet
Bought by
Lantz K Holley

Purchase Details

Closed on
May 30, 2003
Sold by
Woods John W and Woods Beth M
Bought by
Lantz K Holley and Illeni Janet
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 Buyer Sale Price Title Company
Walter Stuart -- Sun Title Agency Llc
Gyorkos Andrew -- Sun Title Agency Of Michigan
Double A Properties Llc $65,000 Sun Title Agency Of Michigan
Double A Properties Llc -- Sun Title Agency Llc
Lantz Karen Holley -- Attorney
Lantz Karen Holley -- Attorney
Double A Properties Llc -- Devon Title Agency
Lantz K Holley $25,000 Devon Title Agency
Lantz K Holley $99,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter Stuart $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2020 10/12/20 Sold $114,667 +10092.6% --
07/17/2020 07/17/20 Pending -- -- --
07/09/2020 07/09/20 Rented -- -- --
07/09/2020 07/09/20 Under Contract -- -- --
04/08/2020 04/08/20 For Rent $1,125 0.0% --
03/19/2020 03/19/20 For Sale $119,500 -- --
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 $1,584 $79,300 $0 $0
2024 $1,584 $71,500 $0 $0
2023 $1,510 $62,600 $0 $0
2022 $3,467 $53,400 $0 $0
2021 $3,375 $48,500 $0 $0
2020 $2,228 $43,200 $0 $0
2019 $2,150 $36,100 $0 $0
2018 $2,269 $33,800 $0 $0
2017 $2,278 $31,800 $0 $0
2016 $2,278 $28,800 $0 $0
2015 $2,278 $28,800 $0 $0
2014 $2,278 $28,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Gyorkos

    Seller's Agent in 2020

    Andrew Gyorkos

    Kalamazoo Commercial Real Estate

    (269) 760-5201

    10 in this area

    41 Total Sales

    Andrew Gyorkos
    Section Image
  • T.J. Ward

    Seller Co-Listing Agent in 2020

    T.J. Ward

    Kalamazoo Commercial Real Estate

    (269) 569-4289

    13 in this area

    33 Total Sales

    T.J. Ward
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19051831

Southwestern Michigan Association of REALTORS®

APN: 06-21-444-004

Michigan Kalamazoo County Kalamazoo 49008 Vine

513 Forest St, Kalamazoo, MI

This home is located at 513 Forest St, Kalamazoo, MI 49008 since 19 March 2020 and is currently estimated at $162,164. This property was built in 1909. 513 Forest St is a home located in Kalamazoo County with nearby schools including Woods Lake Elementary School, Maple Street Magnet School for the Arts, and Loy Norrix 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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