NOT LISTED FOR SALE

523 Terrace Ct Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $123,652 - $145,000

3 Beds
1 Bath
1,282 Sq Ft
$107/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $89,500 $70 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $794/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 3-minute walk to Reed Street Park
  • 1 Car Detached Garage

About This Home

As of November 2019

This move in ready 3 bedroom 1 bath home is perfect for a first time home buyer! The kitchen has been updated with oak cabinets, new flooring and appliances. Spacious formal dining room with hardwood flooring. Large bedrooms with updated bath. New carpet and fresh paint throughout!

Last Agent to Sell the Property

Deziray Motton

Berkshire Hathaway HomeServices MI License #6502423454 Listed on: 08/16/2019

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Jessica Steele

Berkshire Hathaway HomeServices MI License #6501383252

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1911

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,282 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,052

Year Built

Built in 1911

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1911
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1282.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1052.49
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • General Property Info:SqFt Above Grade: 1282.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1282.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 92500.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1052.49
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Nov 22, 2019
Sold by
Kalamazoo Neighborhood Housing Svcs Inc
Bought by
Scott Jessica
Seller's Agent
Deziray Motton
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jessica Steele
Berkshire Hathaway HomeServices MI
List Price
$92,500
Sold Price
$89,500
Premium/Discount to List
-$3,000
-3.24%
Current Estimated Value
$137,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,663
Avg. Annual Appreciation
6.69%
Original Mortgage
$87,878
Outstanding Balance
$77,957
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$52,599

Purchase Details

Closed on
Apr 28, 2016
Sold by
Partee Jerry D and Partee Joanna
Bought by
Kalamazoo Neighborhood Housing Services

Purchase Details

Closed on
Aug 8, 2007
Sold by
Renaud Jeanne and Moore Karen
Bought by
Partee Jerry D and Partee Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2006
Sold by
Haas Margaret A and Haas Gordon F
Bought by
Renaud Jeanne and Moore Karen
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
Scott Jessica $89,500 Nations Title Agency
Kalamazoo Neighborhood Housing Services $75,143 Attorney
Partee Jerry D $50,000 Devon
Renaud Jeanne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Jessica $87,878
Closed Scott Jessica $3,133
Previous Owner Partee Jerry $17,085
Previous Owner Partee Jerry D $10,000
Previous Owner Partee Jerry D $67,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $89,500 -3.2% $70 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $92,500 -- $72 / 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 $755 $49,900 $0 $0
2024 $755 $39,600 $0 $0
2023 $720 $35,000 $0 $0
2022 $1,226 $29,500 $0 $0
2021 $1,186 $26,200 $0 $0
2020 $1,161 $22,800 $0 $0
2019 $1,067 $18,600 $0 $0
2018 $1,042 $15,900 $0 $0
2017 $784 $16,300 $0 $0
2016 $784 $16,300 $0 $0
2015 $784 $16,000 $0 $0
2014 $784 $14,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deziray Motton

    Seller's Agent in 2019

    Deziray Motton

    Berkshire Hathaway HomeServices MI

    (269) 364-9885

    12 in this area

    64 Total Sales

    Deziray Motton
    Section Image
  • Jessica Steele

    Buyer's Agent in 2019

    Jessica Steele

    Berkshire Hathaway HomeServices MI

    (269) 720-0285

    15 in this area

    458 Total Sales

    Jessica Steele
    Section Image

  • J

    Buyer Co-Listing Agent in 2019

    Jessi Szatkowski

    Berkshire Hathaway HomeServices MI

    (989) 464-2943

    4 in this area

    96 Total Sales

    Jessi Szatkowski
    Section Image

  • J

    Buyer Co-Listing Agent in 2019

    Jessica Szatkowski

    Keller Williams Kalamazoo Market Center

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19039824

Southwestern Michigan Association of REALTORS®

APN: 06-22-491-004

Michigan Kalamazoo County Kalamazoo 49001 Edison

523 Terrace Ct, Kalamazoo, MI

This home is located at 523 Terrace Ct, Kalamazoo, MI 49001 since 16 August 2019 and is currently estimated at $137,163, approximately $106 per square foot. This property was built in 1911. 523 Terrace Ct is a home located in Kalamazoo County with nearby schools including Washington Writers' Academy, Milwood Magnet School, 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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