NOT LISTED FOR SALE

522 N Berkley St Unit 522524 Kalamazoo, MI 49006

Westwood Neighborhood

Estimated Value: $177,000 - $198,000

4 Beds
2 Baths
-- Sq Ft
5,271 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $118,000

Est. 57% increase in value since last sale

Current estimated payment $1,079/month

14 Days on Market

About This Home

As of February 2019

Great Investment Opportunity - Currently rented 2 Unit in great location! This income property offers a lot of benefits for your investment - just a few blocks away from Kalamazoo College. These side by side duplexes are mirrored images - with each unit featuring 2 bedrooms & 1 bath.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 12/27/2018

Bellabay Realty LLC

Last Buyer's Agent

Steve Snyder

RE/MAX of Kalamazoo License #6501287644

RE/MAX of Kalamazoo

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,238

Year Built

  • Built in 1968

Lot Details

  • 5,271 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,238

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 124900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5271.0
  • Zoning Description: multi res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2237.59
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
Feb 28, 2019
Sold by
One T Investments
Bought by
Rastogi Sanjay
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Steve Snyder
RE/MAX of Kalamazoo
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%
Total Days on Market
14
Current Estimated Value
$185,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,623
Avg. Annual Appreciation
7.48%
Original Mortgage
$88,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2017
Sold by
Smith Stewart
Bought by
One T Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 11, 2010
Sold by
Blondet Patricia A
Bought by
Smith Stewart

Purchase Details

Closed on
Feb 19, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 18, 2010
Sold by
Blondet Patricia
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Nov 15, 2004
Sold by
Blondet Patricia A and Blondett Patricia A
Bought by
Blondet Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 20, 2004
Sold by
Prow Enterprises
Bought by
Blondei Patricia and Allred Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2004
Sold by
Blondet Patricia A and Allred Paula
Bought by
Blondett Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.15%
Mortgage Type
Purchase Money Mortgage
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
Rastogi Sanjay $118,000 Devon Title Company
One T Investments Llc $90,000 Next Door Title Agency
Smith Stewart $28,000 Town & Country Title Agency
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $117,648 None Available
Blondet Patricia A -- --
Blondei Patricia $140,000 Nations Title
Blondett Patricia A -- Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rastogi Sanjay $93,000
Closed Rastogi Sanjay $88,500
Previous Owner One T Investments Llc $72,000
Previous Owner Smith Stewart $42,000
Previous Owner Blondet Patricia $94,000
Previous Owner Blondet Patricia A $90,000
Previous Owner Blondei Patricia $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $118,000 -5.5% --
01/10/2019 01/10/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $124,900 -- --
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 $445 $64,900 $0 $0
2023 $424 $49,200 $0 $0
2022 $2,858 $44,300 $0 $0
2021 $2,706 $39,600 $0 $0
2020 $2,663 $35,900 $0 $0
2019 $2,302 $32,500 $0 $0
2018 $2,238 $29,000 $0 $0
2017 $0 $29,000 $0 $0
2016 -- $28,000 $0 $0
2015 -- $27,900 $0 $0
2014 -- $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18059213

Southwestern Michigan Association of REALTORS®

APN: 06-17-293-070