NOT LISTED FOR SALE

516 Monroe St Kalamazoo, MI 49006

West Main Hill Neighborhood

Estimated Value: $214,000 - $281,000

4 Beds
4 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold July 01, 2014

Last sale price $75,000

Est. 228% increase in value since last sale

Current estimated payment $1,458/month

About This Home

As of July 2014

Two unit rental located next to The University Roadhouse and Waldos. Walking distance to WMU. Well maintained. Some updates. Easy to rent. Land contract possible.

Last Agent to Sell the Property

Matthew Leighton

Callander Commercial Listed on: 07/02/2014

Last Buyer's Agent

Matt Leighton

Jaqua, REALTORS Commercial License #6501273319

Jaqua, REALTORS Commercial

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1895

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 4 Parking Spaces

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Block
  • List Price: 99900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: Cn-1 Commercial

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 2500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Jun 26, 2014
Sold by
Kozemchak William B and Kozemchak Mary Alice
Bought by
Main Street Properties Ii Llc
Seller's Agent
Matthew Leighton
Callander Commercial
Buyer's Agent
Matt Leighton
Jaqua, REALTORS Commercial
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%
Current Estimated Value
$246,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,164
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
Dec 24, 2013
Sold by
Kozemachak William B and Kozemachak Mary Alice
Bought by
Kozemachak William B

Purchase Details

Closed on
Jun 14, 2004
Sold by
Kozemchak William B
Bought by
Kozemchak William B and Kozemchak Mary Alice
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
Main Street Properties Ii Llc $75,000 Chicago Title Company
Kozemachak William B -- Chicago Title Company
Kozemchak William B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 For Sale $99,900 +33.2% --
07/01/2014 07/01/14 Sold $75,000 -- --
06/26/2014 06/26/14 Pending -- -- --
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 $1,769 $88,000 $0 $0
2024 $1,769 $73,100 $0 $0
2023 $1,686 $63,900 $0 $0
2022 $3,872 $62,900 $0 $0
2021 $3,745 $66,300 $0 $0
2020 $3,675 $63,300 $0 $0
2019 $3,539 $59,600 $0 $0
2018 $3,457 $54,800 $0 $0
2017 $2,522 $53,900 $0 $0
2016 $2,522 $49,700 $0 $0
2015 $2,522 $49,900 $0 $0
2014 $2,522 $51,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Matthew Leighton

    Callander Commercial

  • Matt Leighton

    Buyer's Agent in 2014

    Matt Leighton

    Jaqua, REALTORS Commercial

    (734) 223-8710

    61 Total Sales

    Matt Leighton
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14037567

Southwestern Michigan Association of REALTORS®

APN: 06-21-114-001

Michigan Kalamazoo County Kalamazoo 49006 West Main Hill

516 Monroe St, Kalamazoo, MI

This home is located at 516 Monroe St, Kalamazoo, MI 49006 since 02 July 2014 and is currently estimated at $246,164. This property was built in 1895. 516 Monroe St is a home located in Kalamazoo County with nearby schools including Northglade Montessori 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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