NOT LISTED FOR SALE

Estimated Value: $153,000 - $192,461

-- Bed
1 Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 06, 2023

Last sale price $185,000

Est. 2% decrease in value since last sale

Current estimated payment $1,123/month

2 Days on Market

Highlights

  • 1 Fireplace
  • Wood Siding
  • 3-minute walk to Axtell Creek Park
  • Forced Air Heating System

About This Home

As of December 2023

Beautifully renoavated triplex in the heart of Kalamazoo. All utilities have been separated. Two units have brand new appliances, flooring, lighting, bathrooms, kitchens, drywall and more. You must see the units to truly appreciate them. This is a perfect owner occupied triplex to begin your investing. Future rents can help any buyer qualify!

Last Agent to Sell the Property

Nick Ailstock

Zuiderveen, REALTORS LLC Listed on: 10/16/2023

Last Buyer's Agent

Marta Parilli

Carlson, REALTORS & Development, LLC License #6501364342

Carlson, REALTORS & Development, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 1891

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33 x 132

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,246

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1891
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2246.0
  • Tax Info:Zoning3: MULTI
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding, Vinyl Siding
  • List Price: 199000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 33 x 132
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: MULTI
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer, Gas
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2246.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 6, 2023
Sold by
Herman James
Bought by
Osei Lewis and Sika Abigail A
Seller's Agent
Nick Ailstock
Zuiderveen, REALTORS LLC
Buyer's Agent
Marta Parilli
Carlson, REALTORS & Development, LLC
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Views
5
Current Estimated Value
$180,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,280
Avg. Annual Appreciation
-1.75%
Original Mortgage
$135,900
Outstanding Balance
$134,079
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$45,508

Purchase Details

Closed on
Mar 3, 2005
Sold by
Shearer Carol A
Bought by
Shearer Carol A and Carol A Shearer Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Osei Lewis $185,000 None Listed On Document
Herman James $9,000 None Listed On Document
Shearer Carol A -- --
Shearer Carol A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osei Lewis $135,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $185,000 -7.0% --
10/18/2023 10/18/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $199,000 -- --
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 $1,612 $62,200 $0 $0
2024 $1,612 $56,200 $0 $0
2023 $949 $49,300 $0 $0
2022 $2,179 $42,400 $0 $0
2021 $2,107 $38,800 $0 $0
2020 $2,068 $34,900 $0 $0
2019 $2,066 $29,500 $0 $0
2018 $1,473 $26,100 $0 $0
2017 $1,479 $24,600 $0 $0
2016 $1,479 $22,300 $0 $0
2015 $1,479 $22,400 $0 $0
2014 $1,479 $22,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23138472

Southwestern Michigan Association of REALTORS®

APN: 06-21-478-007