NOT LISTED FOR SALE

517 Marketplace Blvd Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $141,000 - $299,599

3 Beds
2.5 Baths
1,792 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $170,000 $95 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,591/month

12 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Patio
  • Porch
  • Eat-In Kitchen
  • Snack Bar or Counter

About This Home

As of November 2019

$5,000 buyer incentive given by Seller to be used towards finishing the bonus room w/ signed offer by 10/15/19. This incredible home is located in Kalamazoo's one and only, The Market Place development! This home qualifies for the NEZ tax credit. Home owners pay 1/3 city taxes for 3 additional years. This is a rare opportunity to own this quality home in this neighborhood. Nestled close to all the Downtown amenities, Bronson, KVCC's Culinary School, and The Farmer's Market, This Custom Built Glas Associates home is truly a one-of-a-kind. The Craftsman Style Workmanship shines throughout. Main floor comfort living, with large living room, open gourmet kitchen and dining room, mudd room, mainfloor laundry and powder bath. Easy access to patio area and beautiful fenced back yard. Upstairs are the bedroom quarters, with private master suite and walk-in closet. Another full bath, and unique separate vanity area. The quarters located over the garage can easily be finished off with endless possibilities--home office, TV/Game area, additional bedroom. The crawl space provides ample storage. Stunning curb appeal.

Last Agent to Sell the Property

Ethel Wilkey-Downs

Berkshire Hathaway HomeServices MI License #6501258060 Listed on: 09/20/2019

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Rich Olson

Michigan Lakes Real Estate Team License #6501381323

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 2011

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 69x140.21x69.47x148.57
  • Shrub

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener Leased
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2011
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 69x140.21x69.47x148.57
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1792.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1063.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 1792.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Rented
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Crawl Space
  • LivingArea: 1792.0
  • Window Features: Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Appliances:Water Softener Rented: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 190000.0
  • Patio and Porch Features: Patio, Porch(es)
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Electricity Available, Cable Available, Natural Gas Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 69x140.21x69.47x148.57
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1063.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 8, 2019
Sold by
Evans Marcus
Bought by
Macdonald Ryan and Russo Rachel
Seller's Agent
Ethel Wilkey-Downs
Berkshire Hathaway HomeServices MI
Buyer's Agent
Rich Olson
Michigan Lakes Real Estate Team
List Price
$200,000
Sold Price
$170,000
Premium/Discount to List
-$30,000
-15%
Current Estimated Value
$253,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,150
Avg. Annual Appreciation
8.05%
Original Mortgage
$161,600
Outstanding Balance
$142,812
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$124,417

Purchase Details

Listed on
Jan 18, 2012
Closed on
Jun 1, 2012
Sold by
Kalamazoo County Land Bank Authority
Bought by
Evans Marcus
List Price
$130,000
Sold Price
$127,000
Premium/Discount to List
-$3,000
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$19,050
Interest Rate
3.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Macdonald Ryan $170,000 Nations Title Agency
Evans Marcus $127,000 Ppr Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Ryan $161,600
Previous Owner Evans Marcus $19,050
Previous Owner Evans Marcus $101,600
Previous Owner Kalamazoo County Land Bank $562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $170,000 -15.0% $95 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $200,000 +57.5% $112 / Sq Ft
06/01/2012 06/01/12 Sold $127,000 -2.3% $71 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $130,000 -- $73 / 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
2025 $2,665 $158,900 $0 $0
2024 $2,665 $149,900 $0 $0
2023 $2,540 $124,800 $0 $0
2022 $483 $9,600 $0 $0
2021 $467 $9,100 $0 $0
2020 $484 $9,500 $0 $0
2019 $431 $9,400 $0 $0
2018 $421 $8,700 $0 $0
2017 $432 $8,900 $0 $0
2016 $432 $8,300 $0 $0
2015 $432 $8,300 $0 $0
2014 $432 $8,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19046294

Southwestern Michigan Association of REALTORS®

APN: 06-22-440-044